LiveTiles Limited (ASX:LVT) is Australia’s fastest-growing tech company and the global market leader in intranet platforms.
Headquartered in New York, LiveTiles empowers enterprises with intelligent intranet solutions and intuitive workplace software
LiveTiles has its origins in the intranet space, to create more flexible and more connected worker platforms, mostly for information workers. For example, LVT's Wisdom product provides the intranet worker platform for Novartis, with hundreds of employees. LVT's product significantly reduces custom coding and is mobile friendly and device agnostic
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But, LiveTiles doesn't just provide intranet software. LVT works heavily with Microsoft teams which has grown by circa 1000% in the last 3 weeks, when measured by number of meetings. The LVT product can allow for intelligent scheduling, audio transcriptions and recordings of Teams meetings.
Large healthcare businesses are part of LVT's portfolio: including the Tasmanian Department of Health, Roche and NSW Health
Since COVID-19, LVT is now working with Microsoft Teams to provide a telehealth product for medical professionals. The product also allows secure recordings of medical appointments conducted through telehealth.
The Microsoft Teams/LVT telehealth product is charged on a $XX + GST per healthcare professional per month model, which gives free access to Microsoft teams and allows for unlimited patients to be seen via telehealth. Data is all secured within Australia using Microsoft level security, with proven health grade security and privacy
LVT is not trying to replace clinical systems or medical/health records. Instead, LiveTiles products work within Microsoft Team and many other apps allowing interoperability. The LVT/Microsoft telehealth solution also provides integration to outlook calendar and can securely hold private 1:1 calls (telehealth), or the same platform can also cater for other clinicians to join in a group conversation.
Ultimately, LVT has a big role to play in a rapidly changing, but antiquated healthcare industry. It is increasingly clear that the LVT product suite is powerful across so many domains. Healthcare is simply one of them. But a big one at that.
T.E.P.
LVT Price at posting:
22.5¢ Sentiment: Buy Disclosure: Held
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