Software developer LiveTiles (ASX: LVT) has secured yet another tech industry partnership in a bid to drive new commercial opportunities and accelerate its incremental growth plans.
Earlier today, LiveTiles announced it had signed a strategic partnership with GO1.com, the world’s largest online compliance, professional development and training marketplace.
The deal means LiveTiles can now launch its very own LiveTiles Learning product and jointly pursue commercial opportunities in tandem with GO1.com.
The Aussie company offers a technology-centric solution which allows businesses to find, book and deliver corporate training including online or in-person courses within the compliance, onboarding and professional development niches.
Currently, GO1.com provides online training and development services to over 1.5 million learners from more than 1,000 organisations, including major global companies such as Hasbro and Thrifty.
The company also serves other renowned firms such as Australian company SEEK.com.au, Oxford University, state and local governments and St John Ambulance.
Despite being launched only in 2015 by tech entrepreneurs Andrew Barnes and Vu Tran, GO1.com has quickly established itself as the world’s leading online learning and education platform, in part due to strong support from cornerstone investors such as Y Combinator, SEEK, M12, Tank Stream Ventures, Black Sheep Capital and Our Innovation Fund.
LiveTiles co-founder and chief executive officer Karl Redenbach said that his company will leverage the partnership in order to combine its existing “intelligent workplace technology” with GO1.com’s online platform.
The tie-up will allow LiveTiles to offer targeted learning solutions based on employee profiles and leverage its congruent artificial intelligence capabilities, as part of its proprietary Intelligent Directory – a service powered LiveTiles’ Hyperfish product.
Hyperfish is a recognised leader in next-generation employee profile and directory management software, and a company LiveTiles acquired last year for around $3.66 million.
The unique innovation underpinning Hyperfish is that its technology uses AI to automatically identify missing or incorrect employee directory information.
Its party trick is that it even initiates conversations with employees to collect and validate data.
The technology has been extensively tested and operates seamlessly including full compatibility with Microsoft Azure and Office 365 cloud platforms.
By knitting together multiple technology platforms, LiveTiles wants to provide both large and small enterprises with an end-to-end training and learning solution to boost efficiencies in the process of carrying out ongoing training and staff development.
Importantly, the GO1.com partnership is expected to deliver an additional capability that streamlines employee onboarding, tracking and ensuring compliance with regulatory training requirements.
Furthermore, GO1.com’s services will allow LiveTiles to help companies create their own courses and intuitive, sophisticated reporting to stay on top of their team’s growth plus select from a catalogue of over 500,000 courses developed from local and international experts.
“This is yet another partnership which further enhances our intelligent workplace offering by providing an intelligent employee learning and development solution for enterprises. We expect the integration of GO1’s leading online learning offering, combined with its strong global customer base will drive new commercial opportunities for LiveTiles in support of our accelerated growth plans,” said Mr Redenbach.
On the flip side of the deal, GO1.com expects to expand its own customer base as a result of LiveTiles’ technology.
“The LiveTiles platform will create new channels to market for us and positions firmly in the centre of creating organisations with the best people, the best culture enjoying the best employee experiences available,” said Andrew Barnes, co-founder and chief executive officer of GO1.com.