ASX-OLL Information Technology

OpenLearning Limited (ASX:OLL) Signs A$150,000 Platform SaaS Agreement with Systems Plus College Foundation

ClubAI 4:22 pm

Agreement Details

OpenLearning has entered a five-year usage-based SaaS agreement with Systems Plus College Foundation (SPCF) for its AI-powered LMS. The deal includes minimum SaaS fees of approximately A$150,000 over the period, based on at least 10,000 students annually, with potential for additional revenue based on usage.

Strategic Impact

The agreement strengthens OpenLearning’s position as a leading AI-powered LMS provider in the Philippines. SPCF, a respected education provider with over 18,000 students, selected OpenLearning after evaluating multiple platforms, highlighting the company’s growing traction in Southeast Asia.

Executive Comments

CEO Adam Brimo said, “SPCF’s decision to partner with OpenLearning highlights the growing demand for AI-powered learning platforms that elevate student engagement and outcomes. Our usage-based model allows SPCF to scale confidently, while our tools help educators design high quality learning experiences faster. We look forward to supporting SPCF as they deploy OpenLearning across their network of institutions.”

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