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LiveTiles share price higher after announcing partnership with GO1.com

Technology and Business shares

The LiveTiles Ltd (ASX: LVT) share price has pushed higher today after announcing a new strategic partnership.

At the time of writing the intelligent workplace platform provider’s shares are up 1% to 46.5 cents.

What did LiveTiles announce?

This morning LiveTiles announced a strategic partnership with GO1.com, the world’s largest online compliance, professional development, and training marketplace.

According to the release, the partnership will see LiveTiles combine its intelligent workplace technology with GO1.com’s online platform to offer targeted learning solutions based on an employee’s profile. This will leverage the artificial intelligence capabilities of LiveTiles’ Intelligent Directory, powered by its Hyperfish product.

By providing enterprises with an end-to-end training and learning solution, management believes this additional capability will be a valuable resource to support employee onboarding, tracking, and ensuring compliance with regulatory training requirements and for the ongoing training and development of staff.

The release explains that companies will be able to create their own courses and create intuitive, sophisticated reporting to stay on top of their team’s growth and select from a catalogue of over 500,000 courses developed from local and international experts.

LiveTiles co-founder and CEO, Karl Redenbach, said: “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.”

Andrew Barnes, the co-founder and CEO of GO1.com, was equally positive on the partnership.

He said: “We’re really excited to partner with LiveTiles to create a truly innovative way in which training and professional development can be transformed in the Enterprise. The LiveTiles platform will create new channels to market for us and positions firmly in the center of creating organizations with the best people, the best culture enjoying the best employee experiences available.”

Elsewhere in the industry today, the IRESS Ltd (ASX: IRE) share price has edged higher following its half year results release and the Bravura Solutions Ltd (ASX: BVS) share price has given back its strong early gains and sunk lower after the release of its full year results.

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Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended Bravura Solutions Ltd. The Motley Fool Australia has recommended IRESS Limited and LIVETILES FPO. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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