RNS Number : 5931Y
Cirata PLC
27 February 2025
 

27 February 2025

 

Cirata plc

("Cirata" or the "Company")

New logo in Telecom sector

First contract through partner DataBricks

 First LDM DMaaS implementation

           

Cirata is pleased to announce completion of its first Live Data Migrator implementation under the 'data migration as a service' ("DMaaS") solution offering. This is a contract win with a new Telecommunications customer in the UAE. This will also be the first project win with Cirata's partner Databricks to enable Hadoop Distributed File System data migration to the cloud. The total contract sum will be $50,000.

 

DMaaS is part of Cirata's market offering to accelerate the onboarding of 'new logos', proving Cirata LDM at small scale. DMaaS projects are expected to be in the range of $50,000-$100,000. This will be an important additional leg to the Company's GTM 'land and expand' strategy. Further details of the Cirata DMaaS offering can be found here.

 

This announcement contains inside information under the UK Market Abuse Regulation. The person responsible for arranging the release of this announcement on behalf of Cirata plc is Larry Webster, Company Secretary.

 

 

 

For further information, please contact: 

 

Cirata

Via FTI Consulting

Stephen Kelly, Chief Executive Officer


Ricardo Mousa, Chief Financial Officer


Daniel Hayes, Investor Relations




FTI Consulting

+44 (0)20 3727 1137

Matt Dixon /Kwaku Aning / Usama Ali




Stifel (Nomad and Joint Broker)

+44 (0)20 7710 7600

Fred Walsh / Ben Good / Sarah Wong




Panmure Liberum (Joint Broker)

+44 (0)20 3100 2000

Max Jones / John More


 

 

About Cirata

 

Cirata, accelerates data-driven revenue growth by automating data transfer and integration to modern cloud analytics and AI platforms without downtime or disruption. With Cirata, data leaders can leverage the power of AI and analytics across their entire enterprise data estate to freely choose analytics technologies, avoid vendor, platform, or cloud lock-in while making AI and analytics faster, cheaper, and more flexible. Cirata's portfolio of products and technology solutions make strategic adoption of modern data analytics efficient and automated. For more information about Cirata, visit www.cirata.com

 

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