They are calling it the “Nadellaissance”: Microsoft’s remarkable turnaround under Satya Nadella.
This month, the tech giant became America’s most valuable company at $1 trillion. Nadella, who took over in 2014, made a prescient move by shifting towards cloud computing; it is now a market leader.
WANdisco, a software developer on London’s junior market, is also pivoting towards the cloud. The tech minnow helps businesses move “live” data to cloud providers such as Microsoft Azure and Amazon Web Services without having to switch off their servers.
Investors had high hopes, but WANdisco has fallen short. Since listing in 2012, its value has plunged from a peak of £1bn to £233m as the market did not grow as quickly as expected. It has burnt through cash