Intercede's orders fall short

Intercede, an identity and credential management software provider, has admitted that it has not received orders in the volumes it had anticipated.

Intercede, an identity and credential management software provider, has admitted that it has not received orders in the volumes it had anticipated.

With six weeks to go before the end of the period, the firm's order book of £6.3m stands at a similar position to the prior year, mainly because customers are either moving to rental models that defer revenue recognition into future periods or they are deferring project start dates, or both.

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