LiveTiles Ltd

LiveTiles’ AI cyber-security solution gains market traction in 39 countries

The company’s artificial intelligence cyber-security solution has strong interest from corporate, government and educational organisations.

LiveTiles Ltd - LiveTiles Ltd’s AI cyber-security solution gains market traction in 39 countries
The company’s co-sell arrangement with Microsoft is now available in 39 countries

LiveTiles Ltd (ASX:LVT) and its artificial intelligence (AI) cyber-security solution has gained early enterprise customer wins across the financial services, global airlines and media industry since its launch in June 2019.

The solution is now offered directly, via partners and the company's Microsoft Corporation (NASDAQ:MSFT) co-sell arrangement.

LiveTiles technologies are being sold by the company and alongside Microsoft to enterprises across the Asia Pacific, North America, South America and Europe into key target verticals.

Leveraging support of Microsoft

LVT continues to leverage the strong relationship and support of Microsoft and its partners to bring its AI cyber-security solutions to customers in these regions.

The significance of the Microsoft co-sell program is that Microsoft offers internal incentives to their field salesforce who introduce third-party solutions, such as the LiveTiles suite of technologies, to customers.

“Gaining traction” across global markets

LiveTiles president Daniel Diefendorf said: “Our AI cyber-security platform is taking bold and immediate effect with early wins giving confidence in relation to our evolving customer value proposition and growth.

“LiveTiles’ new solution with Nucleus Cyber offers enterprise customers the ability to not only create but secure collaboration channels.

“It is quickly gaining traction across our global markets and partners alike – we have always been a user experience company at our core, but we also realise the critical need of protecting the users’ data and our customers' intellectual property.”

The AI cyber-security solution was developed in conjunction with Nucleus Cyber and was added as a premium feature of LiveTiles Intelligent Workplace Platform in June 2019.

With 60% of companies reporting an insider attack in the last 12 months according to a new survey, data security remains at the forefront of an enterprise’s priority.

Quick facts: LiveTiles Ltd

Price: $0.45

Market: ASX
Market Cap: $297.12 m

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