LiveTiles launches new product, similar to Clubhouse but for enterprise, page-4

Yeah looks like an awesome new product.

The LiveTiles Soundbites solution explained

LiveTiles Soundbites combines the best capabilities of LiveTiles & Soundbite.ai by seamlessly integrating them into an experience where employees can collaborate using both longer form written methods and audio Soundbites. LiveTiles Soundbites provides a scalable, modern way for organisations to engage their workforce across any device. The ability to communicate through voice is the next step in truly engaging people in the workplace.

Some key details about LiveTiles Soundbites:

• It integrates key capabilities of Soundbite.ai into the LiveTiles Reach and LiveTiles Intranet experience.
• It allows any user to simply click and record short-form audio communications for sharing corporate news, updates, policies, tasks, or whatever is on their mind.
• Audio communications are able to be securely targeted across an organisation using the existing communication channels that LiveTiles Reach and LiveTiles Intranet delivers.
• It is available both as a mobile app, and in desktop form.
• It has been designed and further developed to ensure that the User Experience feels very natural between classic communications and audio communications.
• It has been successfully piloted in companies across APAC & USA.

LiveTiles enters the high-growth short-form audio market

The last two years have seen phenomenal growth in the consumer market of social short-form audio apps. Clubhouse^[3] is arguably the fastest growing and most talked about product in this space right now. Clubhouse launched in March 2020, as of December 2020 it had 600,000 weekly users, and it now has in excess of 10 million weekly users. This extraordinary growth is a strong indication of the demand for the capabilities of short-form audio. Clubhouse currently has a valuation of ~$4 billion USD. In January 2021, Clubhouse went from 2 million users to over 10 million users within the month. This success has seen other leading consumer platforms announce similar features including Twitter and Spotify.

This growth has happened because audio is an agile, scalable, and engaging medium for authentic storytelling and communication. Users can consume on the go, such as catching up on the latest announcements from the CEO while driving or cooking dinner.

LiveTiles and Soundbite.ai have been working closely together since the start of 2021 defining the future of audio in the employee experience. Soundbite’s mission to provide the world’s most comprehensive audio platform for the enterprise aligns perfectly with LiveTiles vision for the modern employee experience platform.

The immediate market opportunity

With the explosion in short-form audio for communications, LiveTiles will enter the market with proven capabilities and unique differentiation, delivered through a single application experience. The planned go-to-market will aim to attract new customers, along with providing existing customers the ability to extend their current LiveTiles subscription to include the new LiveTiles Soundbites capabilities.

LiveTiles will execute a go-to-market strategy to drive the success of this product in market and is expecting strong demand to drive key revenue and licensing goals in CY2022. LiveTiles Soundbites will be available to select customers before the end of CY2021, with general availability by early 2022.