Eckoh has signed its largest ever global SecPay Cloud contract, worth a minimum of $1.5m over three years with a good likelihood this will be exceeded. This is strong validation of a cloud business that was already growing rapidly, representing 40% of the total US SecPay ARR of $8.9m at the end of Sept and doubling its ARR over 12 months. The customer is a leading global food and drink company and as such this is a flagship win. The US SecPay market represents a significant opportunity for Eckoh ....
09 Nov 2021
Record Global SecPay Cloud contract win
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Record Global SecPay Cloud contract win
Eckoh plc (ECK:LON) | 42.5 0 0.0% | Mkt Cap: 123.4m
- Published:
09 Nov 2021 -
Author:
Caspar Erskine | Harold Evans | Kevin Ashton -
Pages:
3
Eckoh has signed its largest ever global SecPay Cloud contract, worth a minimum of $1.5m over three years with a good likelihood this will be exceeded. This is strong validation of a cloud business that was already growing rapidly, representing 40% of the total US SecPay ARR of $8.9m at the end of Sept and doubling its ARR over 12 months. The customer is a leading global food and drink company and as such this is a flagship win. The US SecPay market represents a significant opportunity for Eckoh ....