Dev Clever (DEV ) has appointed Alan Greenberg, a former Head of Higher Education EMEA and Director of Education China & Asia Pac at Apple Inc, as a Special Adviser to the Board.
The Group, which develops online and immersive career guidance, learning and development platforms, said Greenberg will help it to progress and deliver on its stated growth strategy.
Greenberg is said to have ‘significant expertise’ in product-market-fit, in launching consumer focused, impactful and sustainable educational applications across emerging markets.
Chris Jeffries, CEO Dev Clever, said Greenberg’s experience with global leaders in education such as Apple, EDT&Partners and McKinsey & Co “will be invaluable as we accelerate the rollout of our online and immersive careers success platform and STEM learning content.”
Dev’s recently announced partnership with Aldebaron is expected to guarantee the group a minimum of US$50m in revenue over the next three years to roll out the Launchmycareer.com platform to nine additional emerging territories across MENA and South Asia, it told investors.
Commenting, Alan Greenberg, Dev’s newly appointed special advisor, said: “Dev Clever’s initial focus on the EdTech market in India has already gained significant momentum.”
He said the company’s 5-year partnership with NISA and the recently extended central government backed initiative with the CSC Academy Centres “gives it the near term potential to engage with a total of over 15 million students through various subscription models.”
Looking ahead, Greenberg said he will use his experience in developing and scaling education technology businesses globally to advise Dev Clever in its development.
Last month, Dev Cleber said its wholly-owned Indian subsidiary and Veative Labs had agreed a material extension to their partnership with the CSC Academy in India (“CSC Academy”).
The extension followed a successful pilot which was launched in June 2021 where the immersive learning and careers platform went live in 25 of the 5,930 CSC academy centres to assess the foundation programme of STEM-based immersive learning and careers guidance.
Following the successful completion of this pilot, the CSC Academy and Dev Clever agreed a foundation programme for phase two - with Dev Clever’s proprietary immersive career guidance and learning platform to be rolled out to all CSC academy centres across India.
As a result, in phase two the foundation programme will be offered to 2.6 million students and will begin to be rolled out in 1Q22, the education-focused technology company highlighted.
Back in June 2021, shares in Dev Clever jumped after it unveiled a ‘breakthrough’ tactical partnership expected to deliver a minimum of $50m in revenues over the next four years.
Last month, Dev Clever announced that the first phase of the tactical partnership with Aldebaron DMCC had been signed ahead of its UK launch of the National Careers Challenge.
The partnership will enable Dev to accelerate a global rollout plan across Asian territories, starting in India in partnership with NISA and then extending across Indonesia, Thailand, Singapore, Malaysia, Philippines and into the Middle East and Africa in the next three years.
The contract with Adebaron is set to earn Dev Clever $5 million in 2021, $10 million in 2022, $25 million in 2023, and $20 million in 2024 (each for the financial years ending 31 October).
Under the terms of the partnership and as part of the first implementation phase, the National Careers Challenge (“NCC”) was launched in the UK on 30 September 2021. At the time, Dev said plans for an Indian NCC are anticipated to be finalised in
4Q21 for full scale launch during 1H22 while Aldebaron’s initial platform capabilities are expected to go live in 4Q21.
In recent months, Dev Clever said in its 1H21 results that it had continued to make “material and incremental progress” over the period with revenue soaring 531% from £0.38m in 1H20.
The education-focused technology firm said its revenue increase of 531% to £2.4 million from £0.383m in 1H20 was supported by ‘significant contract wins’ in the Educate division.
Looking ahead, Dev Clever highlighted that the EdTech market ‘remains robust’. It said it believes there is “a globally growing need and demand for more effective careers platforms that can engage young people and connect them directly with their future employers.”
Looking ahead, and as a result of its strong performance, the company believes it is ‘very well placed to exceed management’s expectations for the full year ending 31 October 2021.’
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