IODM Ltd. (AU:IOD) has released an update.
IODM Ltd. has expanded its reach in the UK, with four more universities adopting its accounts receivable platform under a profitable arrangement with Convera, boosting the total to nine. This growth not only signifies a promising market opportunity but also showcases IODM’s strong partnership with Convera, as evidenced by their joint success in converting a key customer from a competitor. The company’s UK team is actively working on expanding their education sector clientele, indicating a robust pipeline and potential for further market penetration.
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