Mach7 Technologies Ltd. (AU:M7T) has released an update.
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Mach7 Technologies Limited has successfully renewed a significant three-year contract with DocPanel worth A$1.9m, marking a large increase in Annual Recurring Revenue to A$0.6m. This renewal, which is 100% hosted on AWS, caps off a record year for customer retention and contract value expansion, underlining Mach7’s effective ‘land and expand’ growth strategy. The company’s focus will now shift to acquiring new clients as it continues to support healthcare providers with its comprehensive medical imaging software solutions.
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