Tech: LiveHire, thedocyard picked to work with the Victorian government
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LiveHire announced today it won a 12-month contract to help the state government with internal staff mobility. Its platform will profile, match and engage current employees to transition them into critical roles across the state government.
“LiveHire has unique capabilities in search, match, skills profiling and personal communications making our solution highly suitable for organisations which are now increasingly required to bring a more agile approach to workforce mobility,” CEO Christy Forest said.
LiveHire said the contract was worth eight times the annualised recurring revenue (ARR) per client it currently books across its portfolio of clients.
The ARR metric excludes one-off revenues, only including inflows that will persist such as subscriptions.
Meanwhile, thedocyard is about to help Victoria’s Royal Commission investigation into last summer’s bushfires. The commission will investigate how the crisis was managed and how to mitigate future devastation.
The Victorian government’s Solicitor’s Office will use the software to help it with tasks including keeping data secure, reducing email traffic and delivering forensic level audit-ability.
CEO Stuart Clout said thedocyard’s software would be a “one stop collaborative portal across all stakeholders”.
LiveHire climbed 11 per cent this morning, while thedocyard advanced 9 per cent.
Music-tech stock Jaxsta (ASX:JXT) reported a 2,427 per cent increase in memberships in just over four weeks. The spike occured after it launched a campaign providing users with a free trial of its Pro service.
The company now has over 10,000 members but Jaxsta boss Linda Jenkinson said today the next objective was to get 50,000 members as quickly as possible.
Online electronics vendor Harris Technology (ASX:HT8) told shareholders it expected a pre-tax financial year profit of $700,000 off $13m in sales revenue.
CEO Garrison Huang credited the turnaround to the company’s recent expansion into hygiene products.