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Velpic CEO Russell Francis on Snaring a Share of a $4 Billion Industry Growing at 25% Per Annum

Velpic CEO Russell Francis on Snaring a Share of a $4 Billion Industry Growing at 25% Per Annum

In this show we deconstruct ASX-listed Velpic with CEO Russell Francis. While only 18 months old as a company Velpic has been growing rapidly, and its core product is now the tool underpinning management of staff training for a number of Australia’s largest companies. We cover the operating sector drivers, revenue generation, target company valuation and much more. Enjoy!

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Links From the Episode

Velpic

Show Notes

1:15 – Workplace training a $130B industry globally
1:21 – By 2018 $7.8B of that will be spent on the technology to provide online training
1:29 – Industry growth 25% per annum
4:10 – High demand for better trained staff driving growth in product
5:36 – Video based training reduces the time to train by up to 70%
6:40 – Traditional LMS industry and companies
7:05 – Capabilities of a traditional LMS versus Velpic
7:50 – Globally unique
9:07 – Barriers to ent

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