Cloud-based video, eLearning company, Velpic (ASX:VPN) has signed four new Australian customers in various industries, further underscoring the company’s recent nationwide expansion.
It has secured deals with construction and maintenance contractor, Karridale Group; services provider, KSJV; storage company, Supercheap Storage; and health services company, Queensland Mitchells Services.
Queensland Mitchells Services will use Velpic’s eLearning technology platform as an induction tool for new and existing staff and will develop the content for its induction lessons in-house while Supercheap Storage will will utilise Velpic’s eLearning platform to train its NSW based franchise owners.
Karridale Group and KSJV have signed up to Velpic’s e-learning platform to provide training to their staff and tracking training management through the platform.
Velpic chief executive, Russell Francis, said the new client wins build on the company’s customer expansion strategy, which was recently bolstered through the appointments of business development managers in Queensland and Victoria, and the relocation of the national business development director to Sydney to drive NSW sales.
The Perth-based company has also recently expanded its operations to NSW, Queensland and Victoria.
“Velpic is pleased to welcome these new clients to our e-learning platform, particularly as the company focuses on expanding its footprint across Australia.
“The new client wins, in conjunction with the recent expansion of our business development team to the East Coast, are a signal of our rapid growth and transitions Velpic from a start-up company, to a mid-sized enterprise with a nationwide presence,” Francis said.
As a Software-as-a-Service (SaaS) platform, Velpic will receive revenues from a subscription fee for providing access to its eLearning platform, along with pay per view (PPV) fees for each lesson completed and professional service fees for implementation.