ALC 3.57% 5.4¢ alcidion group limited

Ann: Alcidion signs $3.4M contract extension with DGT NHS Trust, page-19

  1. 632 Posts.
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    Great news. Another contract locked in.

    Cloud based services are an annuity style product. Brings in a regular income stream that rolls on into the future.

    There are very good financial reasons why all IT companies are seeking to move their clients towards cloud based products. It increases margins and provides a more reliable income stream.
 
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