Emergent software company LiveTiles (ASX: LVT) is preparing to add yet another string to its bow with the launch of a new product that will expand its growing suite of features enabling businesses to automate their operations.
LiveTiles announced the imminent launch of its Intelligent Workplace offering which unifies several existing products such as LiveTiles Design, LiveTiles Bots, LiveTiles Intelligence and LiveTiles MX, as well as integrating the AI-enabled software acquired as part of the recent buyout of Hyperfish.
Last month, the company pulled the trigger on acquiring a recognised leader in next-generation employee profile and directory management software – specifically eager to acquire its artificial intelligence (AI) capabilities including developers Brian Cook and Chris Johnson, the company’s founders and masterminds.
According to LiveTiles, its offering will provide new and existing large enterprise customers with a complete intelligent workplace solution, now further improved by AI.
“The launch of the LiveTiles Intelligent Workplace offering provides an all-encompassing intelligent workplace solution for large organisations, providing us with an opportunity to upsell additional services to our existing base, plus provide an ‘all-in-one solution’ to new customers,” said Karl Redenbach, CEO of LiveTiles.
With the launch set for July 1, 2018, the unified product suite is expected to boost LiveTiles’ sales revenues and will be promoted to large organisations by “dedicated sales and marketing resources” from the existing N3 team.
Earlier this year, LiveTiles signed up N3, a leading outsourced sales and marketing execution vendor for Microsoft’s Azure and Dynamics platforms. N3 also services a global client base which includes SAP, IBM and Cisco.
Microsoft showcase opportunity
The product launch is expected to provide a significant opportunity for the Aussie tech company to upsell its services to existing customers and drive growth in average revenue per customer.
The LiveTiles Intelligent Workplace offering is expected to contribute to LiveTiles’ strong subscription revenue growth which the company said reached a record 315% growth rate earlier this year.
As part of its efforts to promote its products and assist its wider adoption, LiveTiles said it intends to parade its Intelligent Workplace at Microsoft’s Inspire conference in July.
For the fourth year running, LiveTiles will be a major sponsor at Microsoft’s Inspire conference attended by over 20,000 global Microsoft partners and held in conjunction with Microsoft’s annual employee event, focused on the company’s strategic objectives for the upcoming fiscal year.
“We are excited to see two of our Microsoft partners, LiveTiles and Hyperfish, join forces to support our shared customers. We see this as a testament to the strength of the Microsoft partner ecosystem, where opportunities like this exist to provide even greater value for customers,” said Seth Patton, general manager of Office 365 Product Marketing at Microsoft.
This year’s key message will focus on the promotion and adoption of AI technologies and provides the first major opportunity for LiveTiles and Hyperfish to promote their unified offering.
“We are excited to see two of our Microsoft partners, LiveTiles and Hyperfish, join forces to support our shared customers. We see this as a testament to the strength of the Microsoft partner ecosystem, where opportunities like this exist to provide even greater value for customers,” according to a statement from the Majid Al Futtaim Group, currently a mutual customer of both LiveTiles and Hyperfish.