Long customer decision cycles for WANdisco's Fusion big data product is still affecting bookings and revenues, although the ALM business did pick up in Q4. Cost reductions are helping to mitigate the impact on profitability and cash burn, although unless bookings accelerate, further funds may need to be raised in FY16. The company’s co-marketing with major partners such as IBM, Oracle and Amazon has visibly increased over the past few months, and while timing is difficult to gauge, conv
12 Feb 2016
Long decision cycles still hurting
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Long decision cycles still hurting
Cirata Plc (CRTA:LON) | 66.5 0 0.0% | Mkt Cap: 76.4m
- Published:
12 Feb 2016 -
Author:
Dan Ridsdale -
Pages:
5
Long customer decision cycles for WANdisco's Fusion big data product is still affecting bookings and revenues, although the ALM business did pick up in Q4. Cost reductions are helping to mitigate the impact on profitability and cash burn, although unless bookings accelerate, further funds may need to be raised in FY16. The company’s co-marketing with major partners such as IBM, Oracle and Amazon has visibly increased over the past few months, and while timing is difficult to gauge, conv