Private Companies 21

UK

January 17, 2018: Connect Yorkshire: WANDisco sees bookings grow to $22.5m

NEWS BITES - PRIVATE COMPANIES

Company of Connect Yorkshire EIR David Richards, WANDisco, the Sheffield and California big data specialist, has reported record bookings, up 45% year-on-year to from $15.5m to $22.5m.

Full year results to 31 December 2017 show that bookings secured in 2017 jumped for a number of reasons, including securing new contracts and successful fundraising.

Big Data bookings for WANdisco's Fusion were up 121% in 2017 to $15.7m (2016: $1m). During the year, the firm announced a new $5m term loan facility with Silicon Valley Bank, with an additional $3m revolving credit facility. In December, the company successfully placed 2.97m shares, raising gross proceeds of $22m.

The firm announced two new contract awards for WANdisco Fusion with major financial institutions, a record $4.32m contract win as well as a $4.1m contract, both of which were secured through its IBM OEM partnership. WANDisco also secured a $2m contract for WANdisco Fusion with one of the world's largest retailers and announced a first contract win for WANdisco Fusion in the healthcare sector with a major American healthcare company.

In addition, the firm secured an OEM partnership with Virtustream, a Dell Technologies company, for WANdisco Fusion, worth a minimum of $3.6m. It also launched one of the industry's first Hybrid Data Lake architecture in collaboration with Amazon Web Services.

David Richards, CEO and interim chairman of WANdisco, said: "We are delighted to have achieved record bookings for the full year of $22.5 million. This strong momentum has been underpinned by strong bookings for WANdisco Fusion across a variety of major vertical markets, including two large contract wins with major financial services companies.

"We are also encouraged by the performance of our partner-based go to market strategy, with significant bookings this year from our IBM OEM relationship, and the addition of another significant OEM partner with Dell's Virtustream.

"Our market doesn't stand still - and nor does our product. There has been a transformation at WANdisco which started when we launched our core WANdisco Fusion product. We moved from a Hadoop focus towards providing a general data replication platform and we now support Cloud Object Storage and a variety of other technologies, increasing our addressable market. We have made significant improvements to our core WANdisco Fusion product, making it more flexible, easier to install, and faster with reduced complexity. This should further increase our abilities to win new business in the future.

"We have begun 2018 with a strong new business pipeline across multiple industry verticals, not only through our partnership with IBM, but also via our other channel partners, as we maximise our routes to market. With the proceeds of the recent placing we have the resources to capitalise on the opportunity in front of us."

INDEX

SECTION 1 CONNECT YORKSHIRE PROFILE

SECTION 2 PRESS RELEASES: 2018

SECTION 3 OTHER NEWS: 2018

SECTION 1 CONNECT YORKSHIRE PROFILE

1.1 ACTIVITIES

Connect Yorkshire is based in Leeds, United Kingdom.

1.2 SUMMARY

Website: http://www.connectyorkshire.org

SECTION 2 PRESS RELEASES: 2018

January 01: Connect Yorkshire: Town Centre Securities Appoints John Lewis Director

Jeremy Collins will take up a position as non-executive director with effect from 1 February 2018.

Collins is currently property director at John Lewis and will leave his current role as at the end of January. He joined John Lewis in 2003 as head of retail development, becoming property director in 2010, and has overseen the significant expansion of the partnership's department store estate from 24 to 51 shops during that time.

He worked for Lend Lease between 1998 and 2003, in the roles of head of retail and project director, and his career has also included roles at MEPC, Grosvenor Square Properties, Bredero Properties and Wirral Borough Council.

Edward Ziff, chairman and chief executive of TCS, said: "We are delighted Jeremy is joining our Board. He brings 35 years of commercial property experience and a unique perspective on retail development and management having worked for a local authority and several property companies.

"Jeremy's appointment continues our board succession planning with three new non-executive directors, a new executive director and a new finance director appointed over the last three years, adding the additional skills and experience necessary to manage an ambitious real estate business."

Jeremy Collins added: "I am delighted to be joining the board of Town Centre Securities, at such an exciting time for the company. Its family origins and values, and its long-term perspective, resonates very strongly with me.

"I am looking forward to helping the business to adapt to the rapidly changing retail environment, and to continuing its role as a leading regeneration specialist in major cities such as Leeds and Manchester. This new role is an exciting start to my new portfolio of interests."

Source: Company Website

SECTION 3 OTHER NEWS: 2018

January 17: Connect Yorkshire: Henry Boot on solid ground as it raises full year expectations

Profits are set to grow at Henry Boot, company of Connect Yorkshire EIR John Sutcliffe, after "another very successful year".

Construction firm Henry Boot said it expects profits to be "comfortably ahead" of previous expectations after a strong 2017, boosted by demand for its residential schemes and rapid delivery of projects.

The group said the final two months of 2017 saw a continuation of the trends seen earlier in the year, with strong trading activity experienced across all business segments.

Activity was buoyant both in deal completions for 2017 and in the progression of new opportunities for 2018 and beyond, it said.

Meanwhile, construction work flow at the Aberdeen Exhibition Centre continued to plan throughout the last two months of the year and Stonebridge Homes, its JV house builder, completed sales of 38 homes, equating to 48% of its output for the year.

Henry Boot said: "Finally, the group has now received the draft 2017 year end valuations of the group's property portfolio which, despite gains on industrial properties, was below our expectations following a reduction in the values of mixed-use secondary retail properties within the portfolio.

"Taking into account the above, the board now expects profit before tax and earnings per share for the year ended 31 December 2017 to be comfortably ahead of the board's previous revised expectations as set out in the group's October 2017 trading update."

The news follows the Sheffield-based construction firm's announcement in October in which it said it expected the group's performance for the year to the end of December to be "materially ahead" of expectations due to accelerated completion of transactions in September and October, and the successful delivery of major development schemes through the second half of the year.

The statement sent Henry Boot's share price soaring to its highest level in a decade.

John Sutcliffe, chief executive, said: "2017 was another very successful year for Henry Boot.

January 17: Connect Yorkshire: Science Warehouse to Work with Victoria University Managing Their Laboratory Spend

One of Australia's leading universities, Victoria University, will be using Connect Yorkshire member Science Warehouse's SaaS eMarketplace solution to help manage their laboratory spend.

The SaaS eMarketplace solution will allow Victoria University's academics and researchers at its College of Health & Biomedicine and Institute of Sustainable Industries and Liveable Cities to spend more time on research and industry engagement and save money as well.

The Science Warehouse solution helps users quickly find the right products from their preferred Suppliers within the eCatalogue as well as having a more automated and straightforward process for purchasing.

"We received a strong reference for Science Warehouse," said Victoria University's Procurement & Business Operations Director, Adrian Wong. "They have a local presence here and a comprehensive hosted catalogue supplier match, making the SaaS eMarketplace the best offering for our needs.

"Science Warehouse demonstrated they could easily integrate our Technology One Enterprise Resource Planning platform. They will be able to offer the support we need to deliver a successful eMarketplace."

Philip Padfield, the CEO of Science Warehouse, said: "We are very pleased to be able to work with an institution that is taking outstanding efforts to meet the needs and aspirations of 21st Century learners."

January 17: Connect Yorkshire: WANDisco sees bookings grow to $22.5m

Company of Connect Yorkshire EIR David Richards, WANDisco, the Sheffield and California big data specialist, has reported record bookings, up 45% year-on-year to from $15.5m to $22.5m.

Full year results to 31 December 2017 show that bookings secured in 2017 jumped for a number of reasons, including securing new contracts and successful fundraising.

Big Data bookings for WANdisco's Fusion were up 121% in 2017 to $15.7m (2016: $1m). During the year, the firm announced a new $5m term loan facility with Silicon Valley Bank, with an additional $3m revolving credit facility. In December, the company successfully placed 2.97m shares, raising gross proceeds of $22m.

The firm announced two new contract awards for WANdisco Fusion with major financial institutions, a record $4.32m contract win as well as a $4.1m contract, both of which were secured through its IBM OEM partnership. WANDisco also secured a $2m contract for WANdisco Fusion with one of the world's largest retailers and announced a first contract win for WANdisco Fusion in the healthcare sector with a major American healthcare company.

In addition, the firm secured an OEM partnership with Virtustream, a Dell Technologies company, for WANdisco Fusion, worth a minimum of $3.6m.

January 16: Connect Yorkshire: Connect Yorkshire member York Handmade plays pivotal role in renaissance of iconic Lake District inn

The award-winning York Handmade Brick Company has played a pivotal role in the transformation of one of the Lake District's most iconic inns.

York Handmade, based at Alne, near Easingwold, has provided 4,000 state-of-the-art terracotta floor tiles for The Crown Inn at Pooley Bridge, near Penrith.

The Crown has recently opened its doors for business following a multi-million pound refurbishment by owners Thwaites.

The pub is unrecognisable from before, with a new first-floor roof terrace which has stunning views along Ullswater towards Hellvelyn and the Hartsop fells. Inside, the bar and dining area have been transformed, a new riverside patio has been built and 17 beautiful new guest bedrooms give a perfect base for a break in the Lakes.

Guy Armitage, managing director of York Handmade Brick, commented: "We are absolutely delighted to have played a part in the magnificent renaissance of the Crown Inn. This is an inn with a tremendous reputation in a beautiful setting.

"We are proud that our tiles were chosen to play a pivotal part of this renaissance. They are based on our Dusk Rustic 200mm x200mm product. Thwaites wanted them to be extra rustic so we hand-finished the tiles by rubbing extra sawdust into each of them.

January 11: Connect Yorkshire: New director to spearhead thebigword growth

Zia Mir joins as business development director and will use his longstanding experience and contacts in the Middle East to advise the group on sales opportunities.

Mir previously held business development roles at SAI Global, a risk management business, and IHS Global, for its Jane's defence and security information services.

He said: "Due to the rapid expansion with projects such as Expo 2020 in Dubai and Qatar's plans for the World Cup, the foreign presence in the Middle East is significant and increasing.

"As the region continues to transform we look to work with military, government and local security industry in the development of language solutions that address the Middle East's security challenges."

Larry Gould, founder and chief executive of thebigword, added: "We are delighted to welcome Zia to thebigword and believe that his experience of the Middle East will be a great asset for our group.

"He has a deep cultural understanding of the area and extensive knowledge of our potential customer base. Zia has great contacts and is an excellent networker."

Thebigword's defence division had sales of Pound8m last year and provides face-to-face interpreting, telephone interpreting, written translation, cultural advice and language training.

January 11: Connect Yorkshire: Advanced Dynamics Expands With Pound500,000 Investment

The company has acquired a neighbouring unit that doubles its engineering capacity to about 10,000 sq ft. The new unit will be developed as a dedicated high-tech engineering centre with product development and servicing capabilities, while the existing space will be refurbished as a sales and admin facility with extended demonstration area and meeting rooms.

The developments will result in a number of new jobs across several disciplines, with the demo area available by spring 2018 and the entire project completed by early summer.

It will also enable Advanced Dynamics to stock more Pack Leader machines for rapid turnaround and delivery to customers.

Advanced Dynamics' managing director Malcolm Little said: "It's been a great couple of years for our business, with record sales of some of our Pack Leader solutions, and the time has come to ramp up operations. We already respond rapidly to customer crises, sometimes within 24 hours, and this expansion will give us the ability to increase our stock levels even further, as well as develop more bespoke solutions for specific customer requirements.

"The improved sales and demo facility will also provide our customers with a much more integrated and informative experience, and staff - both new and existing - with a more pleasant working environment.

January 11: Connect Yorkshire: New director to spearhead thebigword growth

Leeds-based language services company and company of Connect Yorkshire EIR Larry Gould, thebigword has brought in a new director to spearhead the growth of its defence and international security division.

Zia Mir joins as business development director and will use his longstanding experience and contacts in the Middle East to advise the group on sales opportunities.

Mir previously held business development roles at SAI Global, a risk management business, and IHS Global, for its Jane's defence and security information services.

He said: "Due to the rapid expansion with projects such as Expo 2020 in Dubai and Qatar's plans for the World Cup, the foreign presence in the Middle East is significant and increasing.

"As the region continues to transform we look to work with military, government and local security industry in the development of language solutions that address the Middle East's security challenges."

Larry Gould, founder and chief executive of thebigword, added: "We are delighted to welcome Zia to thebigword and believe that his experience of the Middle East will be a great asset for our group.

"He has a deep cultural understanding of the area and extensive knowledge of our potential customer base.

January 11: Connect Yorkshire: Henry Boot completes job boosting industrial units at flagship regeneration site

Works started on the second facility for Great Bear Distribution and supply chain specialist Gist at Markham Vale last January with practical completion in the September.

The second unit will bring Great Bear Distribution's occupancy to nearly 1million sq ft at Markham Vale.

The Gist unit, the third to complete on Markham Vale North following Ferdinand Bilstein UK (212,800 sq ft) and Great Bear Distribution (479,285 sq ft), is a 90,760 sq ft chilling and storage facility.

It is anticipated that 200 jobs will be created at the facility once it is fully operational.

Vivienne Clements, director at Henry Boot Developments, said: "The announcement of the second unit for Great Bear Distribution and the Gist facility at Markham Vale was absolutely brilliant and reflected great confidence from the firms in the region. Now that the near 500,000 sq ft unit for Great Bear Distribution has completed on Markham Vale North, we are extremely pleased to have delivered circa one million sq ft for them, providing a national hub for their operations. Not only does this create a huge buzz in terms of development in the region, it also creates excellent job opportunities for local people.

"Following this we are delighted to announce practical completion of the 90,760 sq ft unit for Gist, the third unit on Markham Vale North.

January 11: Connect Yorkshire: Yorkshire Wildlife Park given go-ahead for Pound50m expansion, creating 300 new jobs

The new scheme, approved by Doncaster Council, will see 150 acres transformed into an extension to the park to enhance facilities and increase the species of animals cared for.

John Minion, CEO of Yorkshire Wildlife Park, said: 'We are really pleased to hear the outline planning for the expansion has been granted. This is great because it's going to create plenty more jobs for the local area. Come summer 2019, with the new expansion, we will employ a further 300 members of staff.

'We are very excited about this next stage of our life and this is a game changer for Yorkshire Wildlife Park, Doncaster and the surrounding area. It will also be a great asset and we look forward to working with the local community.'

The plans will allow the development of new reserves and the introduction of new species to continue the park's conservation and welfare work.

There will be a wide range of supporting visitor facilities such as restaurants, shopping and a destination hotel will be created, as well as a visitor hub that will be designed at the new entrance at Hurst Lane.

The park, at Branton, will convert adjacent land to its current site for the expansion so it can increase its collection of over 400 animals from more than 80 species, many of them endangered.

Mr. Minion added: 'All of this will attract a wider audience from around the country and also be a wonderful resource for local people, who will be able to access the facilities before the entrance to the Wildlife Park reserves.'

The park, which was founded eight years ago, currently employs 300 people and has contributed approximately Pound12.2m to date to the local economy with visitor numbers rising steadily to a record 761,000 last year.

Cheryl Williams, YWP director, commented: 'Leisure has become a key part of the Doncaster story.

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