Dev Clever signs global partnership with Veative Labs

07:34, 6th July 2020
Francesca Morgan
RNS Newswire

Dev Clever (AIM:DEV FOLLOW) has signed a partnership agreement with Veative Labs to integrate a range of educational products and services, in and out of the classroom, on a global basis.

Veative is an online specialist in the global Education Sector (“EdTech”) and has developed "the world's largest library" of interactive, curriculum-aligned VR and WebXR modules for education which is currently being used by schools in 27 countries around the world.

Alongside Dev Clever, Veative has previously partnered with Lenovo Group Limited with its content library pre-installed as part of the Lenovo VR Classroom V2 solution.

The careers guidance group said the partnership will create a remote e-learning solution combining its own career guidance platform, VICTAR VR and, with Veative's educational modules to provide students with stand-out learning tools.

The partnership will also offer users access to Veative's India-based development team, enabling the acceleration of the conversion of Dev Clever's platforms into local languages.

Shares in Dev Clever have rallied strongly over the last three months from lows of 3p at the beginning of April 2020 to open 5% higher at 7.15p following today’s partnership with Veative.

DEV price chart

The group highlighted that the products can be immediately marketed together to English-speaking geographies, where the platform has already been localised.

DEV’s initial focus will be to deploy its platforms across both India and China where Veative is already present, representing a ‘significant market opportunities’ for both companies.

Both parties are also exploring ways to develop the partnership into ‘a complete e-learning ecosystem’ for distance-based education, covering a range of aspects, from career exploration to employment onboarding into continuing professional development.

DEV said this would equip training providers, higher educators and employers with ‘a unified and unique methodology’ to address the growing global skills and attainment gap.

"It is estimated that more than 1.2 billion pupils in 186 countries are and have been affected by school closures as a result of COVID-19,” said Chris Jeffries, CEO Dev Clever.

He highlighted, “It is clear that this has created a significant acceleration in the demand for a complete remote and eLearning solution within the global education sector.”

“We need to prepare the workforce of tomorrow, today,” said Ankur Aggarwal, CEO of Veative.

“Tools and methods used in schools will transform markets. With Dev Clever, we endeavour to make that a rewarding journey for all students,” he added.

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