Talius Group (ASX:TAL) said its subscriptions now exceed 50,000 and its annualized recurring revenue from subscriptions now sits at AU$3.2 million with a pipeline of 11,500 subscriptions yet to be activated, according to a Wednesday Australian bourse filing.
The company said its sales through a partnership with Wesco Anixter are now in motion as new partners have been onboarded.
The company added that its Beyond Care product is being rebranded to Talius Compass, Asset and Safety Management, to reflect the platform's expanded functionality and market positioning.
The company's Talius Gateway product has now been deployed across a number of existing sites as it has achieved full compliance with Australia and New Zealand's standards.