Livetiles Limited

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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Company Snapshot

$1.8M

Revenue

180

Employees

2014

Founded

US

Headquarters

SWOT Analysis

Strengths

Strong brand recognition, globally
Strong relationship with dealer community
Diversified workforce
Pool of high-end clients

Weaknesses

High expenses related to property, plant and equipment

Opportunities

To cater the growing need of enterprises in countries of Asia-Pacific region

Threats

Increasing competition from new players entering the market

Product Offering

Livetiles Limited
- Intranet as a service

Financial Performance

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