Biggish Blue has deepened its relationship with WanDisco with the pair saying that they will work closely together in the coming months to introduce new solutions, including greater integration with IBM BigSQL and other products.
WanDisco said it would see an increase its OEM royalty of 50 percent, in addition to introducing a guaranteed annual minimum royalty commitment as part of the move.
David Richards, chief executive officer and interim chairman of WanDisco said: “In the first half we began the transition toward predictable, annual recurring cloud revenue and away from large and difficult to forecast on-premise transactions. This is an expected and extremely positive evolution for our business. It opens up a significantly larger addressable market in the cloud and will enable us to generate a more predictable recurring revenue base.
“Unlike on-premise deals, these cloud deals are initially smaller in revenue terms but are expected to scale materially over time as is common with cloud deployments.”
