Sandvine - $12M Expansion Orders; $27M in Two Weeks

We reach now $27M in winning announcements released by Sandvine since November 20th (see previous announcements of $4M, $4M and $7M).

The latest cam today, as Sandvine announced that it has "received expansion orders totaling $12 million from a major cable operator customer in North America. The orders largely relate to ongoing deployment of Sandvine’s market-leading Policy Traffic Switch (PTS) 32000 to enable business intelligence and traffic optimization use cases. Sandvine previously announced orders for the PTS 32000 from this operator in November and December 2014 [see "Sandvine: $5M Repeated Order for the 100GE Platform by US MSO" - here] 

.. The orders were all received in Sandvine’s fourth quarter and the company estimates that approximately $1 million will be recognizable as revenue within the quarter, with the remainder to be recognized throughout fiscal 2016.

With these orders, Sandvine’s Record Generator is now part of the operator’s Big Data business intelligence strategy. The operator will be able to cross-join key data about Internet usage with data from other business lines, like cable TV, to get better overall insight into subscribers and network activity for an improved subscriber experience. Record Generator will integrate with Hadoop for this initiative.

See "Sandvine Receives $12 Million In Expansion Orders For PTS 32000 From Fixed Line Operator In North America" - here.