Arxan Technologies cites IoT adoption as key to latest financial results
Arxan Technologies has witnessed a record-breaking corporate growth, strong industry recognition and product innovation in H1-FY2016, thanks to rapid adoption of Internet of Things (IoT) and mobile applications.
In H1-FY2016, Arxan saw a growth of 400% and 300% in mobile banking industry and mobile payments, respectively, on a y-o-y basis. Arxan added twice as many new customers in the first half of 2016 as compared to 2015. Moreover, the company secured large deals with customers in...