DSV deal a winner for recurring revenue

The deal with DSV demonstrates TZ’s commitment towards a recurring revenue model, and solidifies its strong partnership with the South African giant.

Smart locker and IoT devices company TZ Limited (ASX:TZL) has just bolstered its annuity revenue, securing a $1 million deal with DSV in South Africa.

The three-year agreement involves TZL providing hosted infrastructure, system monitoring, network management, software subscription and maintenance services for DSV’s network of 450 locker banks.

Read the full article