Velpic hits major milestone with the launch of Version 3.0

Published at May 2, 2016, in Technology

Velpic (ASX:VPC) has launched Version 3.0 of its cloud based learning platform almost three months ahead of schedule.

Known as the SME (small to medium enterprise) version, it activates the third and final major sales channel of Velpic’s three pillar sales strategy.

The launch also sets Velpic up for international expansion as it positions itself as an industry leading Saas (Software as a Service) business.

Velpic’s three pillars now include Pillar One (Enterprise Sales), Pillar Two (Reseller Partnerships) and now Pillar Three (SME).

The SME segment is considered a significant growth driver in the global Learning Management System (LMS) market in which Velpic operates.

LMS is projected to grow at 20.8% CAGR, which will make it a US$10 billion industry by 2020.

VPC new SME platform has improved functionaility.

Version 3.0 provides SMEs with a cost-effective solution for smaller workforce training and induction requirements, with proven improved content retention.

Highlights of the new, improved features include a new dashboard which gives easy to understand snapshots of lesson completion timing, authoring enhancements, a new interface and a fully automated sign-up feature which allows SMEs to sign up for trials without the intervention of a sales person.

It also includes a payment gateway for secure payments.

Version 3.0 marks a key point in the Company’s growth trajectory, with the SME version now the ignition point for the globalisation of Velpic’s platform,” said Chief Executive Russell Francis.

“Coupled with the recent partnership with ADP Marketplace, the SME offering will open additional new geographies to Velpic, which will then be followed by the Company’s enterprise offering.”

View Our Investment Portfolios

S3 Consortium Pty Ltd (CAR No.433913) is a corporate authorised representative of LeMessurier Securities Pty Ltd (AFSL No. 296877). The information contained in this article is general information only. Any advice is general advice only. Neither your personal objectives, financial situation nor needs have been taken into consideration. Accordingly you should consider how appropriate the advice (if any) is to those objectives, financial situation and needs, before acting on the advice.

Conflict of Interest Notice

S3 Consortium Pty Ltd does and seeks to do business with companies featured in its articles. As a result, investors should be aware that the Firm may have a conflict of interest that could affect the objectivity of this article. Investors should consider this article as only a single factor in making any investment decision. The publishers of this article also wish to disclose that they may hold this stock in their portfolios and that any decision to purchase this stock should be done so after the purchaser has made their own inquires as to the validity of any information in this article.

Publishers Notice

The information contained in this article is current at the finalised date. The information contained in this article is based on sources reasonably considered to be reliable by S3 Consortium Pty Ltd, and available in the public domain. No “insider information” is ever sourced, disclosed or used by S3 Consortium.

Australian ASX Small Cap stocks | Why is Australia’s leading small cap publication

Founded seven years ago, is Australia’s leading and longest standing website for investor and finance news, education and expert opinion.

Published by StocksDigital, Finfeed was created to report daily on the comings and goings of ASX listed stocks in the small cap market.

As the first digital publication dedicated specifically to this space, Finfeed soon became the most trusted publication in the market, quickly garnering over two million page views – a number that continues to rise. provides its readers with informative articles that tackle the latest in market moving #ASX small cap news, plus exclusive content you won’t find anywhere else. It is aimed at those with an interest in investing, market education, company performance, start-ups and much more. is the only media organisation operating under the strength of a Financial Services License and is backed by leading journalists and analysts all with brands of their own.

The website aims to inform, educate and entertain with content that drills down into the heart of financial matters.

Finfeed is a leading source of investor and market information, with everything investors need to know about how to invest written in a way that anyone can understand. 

Over the years, the website has expanded beyond exclusively reporting on small caps, to profile Australia’s leading ASX listed small, mid and large caps as well as some of the country’s most successful CEOs and business leaders to find out what makes them tick.

Every day you will find fresh content covering:

Fast Facts

Over 4,000 articles published

Over 2.3 Million Page Views and counting

Over 10,000 followers on social media

Subscriber list growing by 2% monthly

Thanks for subscribing!