Attunity Replicate Selected by Fortune 100 Corporation to Fuel Big Data Analytics Initiative
BURLINGTON, Massachusetts, March 14 -- Attunity Ltd. (NASDAQ: ATTU), a leading provider of Big Data management software solutions, announced today that a Fortune 100 global corporation (the "Customer") has chosen Attunity Replicate to fuel its next generation Big Data analytics initiative. This initiative will enable the Customer to improve insights, further enhance technology innovation and sharpen its competitive edge.
Attunity estimates the agreement to generate more than $2 million in license, support and services fees over a several-quarter implementation period.
"Our solutions are being selected by large organizations for strategic, enterprise-wide deployments which result in long-term, multi-million dollar contracts. The customer agreement announced today is an example of one of the largest enterprises in the world - whose activities have far-reaching environmental, social and economic impacts - recognizing the advantages of utilizing our solutions across their business. We are excited to support this Customer's efforts to establish a Big Data infrastructure capable of effectively and efficiently managing the vast amount of information created by this operation," said Shimon Alon, Chairman and Chief Executive Officer at Attunity.
"We are pleased that this world-class leader has chosen us to assist them in enabling a new high visibility analytics initiative. As Attunity brand recognition has grown, we have become a significant provider for the analytics and Hadoop markets, resulting in broader access to opportunities with Fortune 500 companies. We expect that these larger, longer-term engagements will add additional recurring revenue to our business, as projects expand, and ultimately provide a solid foundation for growth," concluded Alon.
Attunity Replicate for Hadoop, the high-performance data delivery platform which is driving the Customer's advanced Big Data analytics project forward, enables organizations to utilize advanced analytic methods, functions and tasks faster and more economically than previously possible.
About Attunity
Attunity is a leading provider of Big Data management software solutions that enable access, management, sharing and distribution of data across heterogeneous enterprise platforms, organizations, and the cloud. Our software solutions include data replication and distribution, test data management, change data capture (CDC), data connectivity, enterprise file replication (EFR), managed file transfer (MFT), data warehouse automation, data usage analytics, and cloud data delivery.
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Source: Attunity
