Livetiles Limited Overview
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Founded: 2014
Workforce: ~180
Company Working: LiveTiles Limited offers cloud-based intelligent workplace software largely for services, industrial, education, retail, and government markets, globally. As a part of intelligent workplace software, the company offers Wizdom intelligent intranet, which is an AI-powered intranet solution that helps organizations to create efficiently connected, workplace environments. The Wizdom intelligent intranet solution offers power panels, teams, news and publishing, bot assistance, employee directory, live smile, and a mobile app. According to the annual report published by the company for the financial year ending 2019, the company has witnessed significant growth in its average ARR (annualized recurring revenue), of 56% from 30 June 2018 to 30 June 2019. The growth is driven by an increase in the company’s enterprise customer base, product cross-selling, and strong penetration among existing customers. In the past two years (2017-2018), LiveTiles Limited has also acquired two companies successfully which has helped them strengthen its revenue share in the overall intranet-as-a-service market. In the financial year ending 2019, the company’s paying customers grew to 919 which was a 71% increase from the previous year
Strategy
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