OpenLearning Signs A$150K Five-Year SaaS Contract with Systems Plus College Foundation
OpenLearning Limited has inked a five-year, usage-based SaaS agreement with Systems Plus College Foundation, marking a significant step in expanding its AI-powered learning platform across Southeast Asia.
- Five-year SaaS agreement with Systems Plus College Foundation (SPCF)
- Minimum contract value of A$150,000 over five years based on 10,000 students annually
- SPCF to deploy OpenLearning’s AI-powered LMS across all education levels
- Strengthens OpenLearning’s foothold in the Philippine education technology market
- Usage-based model offers scalable revenue potential beyond minimum fees
A Strategic Partnership in Southeast Asia
OpenLearning Limited (ASX – OLL), an AI-driven learning management system provider, has announced a significant five-year software-as-a-service (SaaS) agreement with Systems Plus College Foundation (SPCF), a leading education provider in the Philippines. The deal, valued at a minimum of A$150,000 over the contract term, will see SPCF deploy OpenLearning’s platform across its network of institutions, serving at least 10,000 students annually.
This agreement underscores OpenLearning’s growing influence in Southeast Asia’s education technology sector, particularly in the Philippines, where demand for innovative, AI-powered learning solutions is accelerating. SPCF’s selection of OpenLearning followed a competitive evaluation of multiple LMS platforms, highlighting the company’s technological edge.
Innovating Education with AI
OpenLearning’s platform integrates social and project-based learning with AI-assisted course design and facilitation tools. This combination enables educators at SPCF to rapidly develop engaging, outcomes-focused online and blended programs, improving student engagement and retention. The usage-based pricing model offers flexibility and scalability, allowing SPCF to expand its use of the platform in line with student numbers.
SPCF, founded in 1985 and serving over 18,000 students across multiple campuses, is recognized for its commitment to technology and innovation. Its designation as a Center of Development in IT Education by the Philippine Commission on Higher Education further cements its status as a forward-thinking institution. Partnering with OpenLearning aligns with SPCF’s mission to deliver world-class, holistic education through cutting-edge technology.
Market Implications and Future Prospects
While the minimum contract value is modest and not financially material on its own, the strategic importance of this deal is clear. It signals OpenLearning’s successful penetration into a key growth market and validates its AI-powered LMS offering in a competitive landscape. The agreement also opens the door for potential revenue upside as SPCF’s usage scales beyond the minimum student count.
OpenLearning’s CEO, Adam Brimo, emphasized the significance of the partnership, noting the rising demand for AI-enhanced learning platforms that improve educational outcomes. The deal also reflects broader trends in education technology adoption across Southeast Asia, where institutions are increasingly seeking scalable, intelligent solutions to meet evolving learner needs.
Bottom Line?
This partnership marks a pivotal step for OpenLearning’s expansion in Southeast Asia, with usage growth poised to drive future revenue upside.
Questions in the middle?
- How quickly will SPCF scale its usage beyond the minimum 10,000 students annually?
- Could this deal pave the way for further contracts with other Philippine or regional education providers?
- What enhancements or new AI features might OpenLearning introduce to maintain its competitive edge?