(AIM:DEV ) 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 Launchyourcareer.com, 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.
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.
Follow News & Updates fromhere:
The information, investment views and recommendations in this article are provided for general information purposes only. Nothing in this article should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the writer but no responsibility is accepted for actions based on such opinions or comments. Vox Markets may receive payment from companies mentioned for enhanced profiling or publication presence. The writer may or may not hold investments in the companies under discussion.
Gareth Evans, Founder & Managing Director of Progressive Equity Research discusses their report entitled, “Resilience – Behind The Performance”, it’s about companies who benefit from recurring revenue where they believe revenues could be robust, even in the face of the current economic challenges.
Altona Energy, the Rare Earth Element (“REE”) mining exploration company which operates in Africa, has signed a non-binding Heads of Agreement to acquire a 70% interest in the Nankoma Rare Earth Project, a greenfield mining project situated in Eastern Uganda.
Billington Holdings, one of the UK's leading structural steel and construction safety solutions specialists, has announced that its structural steel division, Billington Structures, has recently been awarded three contracts with a combined value of £21 million.
Alba Mineral Resources has raised £1.3m at 0.275p - a price 4 times higher than the price of money raised last month. The Use of proceeds will accelerate value-enhancing activities across Alba’s product portfolio, including the ongoing programme at Clogau-St David.
Blencowe Resources has said that core samples from the Orom-Cross graphite project in Uganda, have been dispatched to an accredited SGS laboratory in Tanzania to enable its verification ahead of a maiden JORC Resource.
Tekcapital, the UK-based investment firm, said its wholly-owned portfolio company, Guident, has filed an additional patent for its remote monitoring and control technology which aims to enhance the safety of autonomous vehicles, delivery drones and robots.
(Sharecast News) - London equity markets fell sharply in early trade on Monday, with travel, hospitality and leisure stocks all under the cosh as investors mulled the prospect of tougher lockdown restrictions amid rising coronavirus cases in the UK and abroad.
(Sharecast News) - London stocks closed in negative territory on Friday, amid concerns about rising coronavirus cases and the introduction of further mobility restrictions, as investors digested the latest UK retail sales data.