The Group’s trading business, DevClever, is a software development company established in 2013. It has grown into a credible, recognised digital innovation brand, and has a range of blue-chip clients and educator customers, primarily within the UK.
Working in partnership with its clients, the Group has developed proprietary software and applications which enable rapid development and deployment of its products and which have been successfully delivered across multiple sectors and received industry accolades and recognition for the use of innovative, interactive and immersive technologies.
The Group’s business has grown organically, utilising the Group’s own brought forward trading surpluses to develop its product portfolio. Financial year of 2017/2018 has seen the Group focusing on the commoditisation of its core gamification, education and experience products, supported by debt finance in advance of the proposed Placing and Admission.
Significant investment over the last year means that the Group is now able to move towards becoming a productised SaaS business, offering its existing and new customers products on an annual licence basis.