Company Name: Velpic
Announcement Date: 09/03/2016
Announcement Category: Product launch/update
Announcement Content:
Highlights
⢠Release of new pricing information and features as part of preparations for launch of Version 3.0 of Velpicâs cloud-based video eLearning platform
⢠Version 3.0 designed to target the small to medium enterprises (SME) - a rapidly growing market segment within the broader Learning Management System market
⢠Official launch of Version 3.0 remains on track for Q3 CY2016
Velpic Ltd (ASX: VPC) (âVelpicâ or the âCompany) is pleased to advise the release of a new customer-focused website at www.velpic.com containing new product pricing and information about upcoming features in preparation for the launch of Version 3.0 of the Companyâs cloud-based video eLearning platform. Version 3.0 is also known as the SME Version of the Velpic platform.
The updated customer website introduces new pricing information targeted specifically for small to medium businesses and complements the existing Enterprise pricing of the Velpic Platform.
In addition, Velpic has released a number of new features to its platform in preparation for Version 3.0 including streamlined workflows for follow-ups, updated administrator dashboards and consolidated reporting features - all designed to boost productivity and compliance for customers.
Version 3.0 has been specifically designed to attract SME customers by providing enhanced training capabilities for SMEs â a rapidly growing market segment of the broader Learning Management Systems (LMS) market. Version 3.0 will activate the third and final major sales channel in Velpicâs three pillar sales strategy with pillar one being Enterprise Sales and pillar two being the Reseller Partnership Channel, both already in place.
The launch of Version 3.0 of Velpicâs eLearning platform remains on track for official release in Q3 CY2016.
With the new pricing, Velpic will continue to receive revenue from all clients from a monthly subscription fee for providing access to its eLearning platform and professional service fees where requested for implementation. Pay Per View (PPV) fees for each lesson completed will only be applicable to Enterprise clients as the new SME pricing includes a monthly limit of lessons. For more information on the new Velpic pricing please visit http://www.velpic.com/product/pricing.html.
Velpic Chief Executive, Russell Francis, commented:
âThe release of pricing and updated features to the platform is an essential step in the ongoing preparations for Version 3.0. The updated website provides key information to potential new customers and opens up our platform to customers of any size.
âThe new website is part of a broader strategy to increase Velpicâs market penetration in the global Learning Management Systems sector - with SMEs making up a rapidly growing portion of the market.â
Announcement URL: http://www.velpiclimited.com/investors/asx-announcements/2016.html
About Velpic:
Velpic - Video eLearning Platform In the Cloud
Online learning is easier than ever with Velpic, a powerful training solution for companies of all sizes and industries.
In a single tool, Velpicâs new cloud based platform allows you to create and edit your own impactful video lessons in-house, play your lessons online and finally, as an administrator, you can track, manage and schedule all your company online training and inductions.
Velpic has proven to dramatically reduce the time and costs to train and induct staff while improving comprehension and retention of the subject matter. Our online training software utilises a visual, interactive approach to learning; through smart quizzes and high quality videos, you can maximise each lessonâs impact.
Everything you need to empower your workforce, in one platform â Velpic eLearning.
Go to Company Profile for: Velpic
Announcement Contact: [email protected]
