Qoria Secures Exclusive Partnership with Schools Broadband for Student Monitoring
QOR (QOR) Share Update September 2024 Wednesday 18th
Qoria Announces Exclusive Partnership with UK's Largest K12 MSP
Qoria, through its UK operation Smoothwall, has entered into an exclusive partnership with Schools Broadband, the UK's largest managed service provider for K12 institutions. This partnership will allow Qoria to offer its world-leading student monitoring solution to over 3,000 schools and Multi-Academy Trusts (MATs) across the UK.
Instant Summary:
- Qoria partners with Schools Broadband, the UK's largest K12 managed service provider.
- The partnership will provide Qoria's student monitoring solution to over 3,000 schools.
- Schools Broadband supports over 1.5 million students and staff.
- The agreement is for two years and includes proactive marketing and training initiatives.
Partnership Details
Qoria, through its UK operation Smoothwall, has signed an exclusive partnership with Schools Broadband, the UK's largest managed service provider (MSP) for K12 institutions. Schools Broadband specializes in internet connectivity and security solutions tailored for educational institutions and supports over 3,000 schools and Multi-Academy Trusts (MATs).
The partnership will allow Schools Broadband to offer Qoria's world-leading student monitoring solution, Monitor, to its extensive customer base. This collaboration comes in response to the latest updates in the Keeping Children Safe in Education (KCSIE) regulatory regime, which has increased the expectations on UK schools to monitor student activity and safeguard against harmful behavior.
Strategic Importance
Sean Donohoe, CSO of Schools Broadband, expressed excitement about the partnership, stating that Monitor is the best possible safeguarding solution for their clients. The partnership is set to launch imminently as part of the back-to-school season in September, with a comprehensive marketing plan to highlight the importance of Monitor in addressing KCSIE legislation.
David Tindall, CEO of Schools Broadband, emphasized that the partnership with Qoria's Smoothwall was chosen after a thorough market review. He praised Monitor as a best-in-class solution that complements Schools Broadband's existing portfolio and meets the latest KCSIE legislation requirements.
Future Prospects
Gavin Logan, EVP of Qoria, highlighted the importance of online safety for children and the potential impact of the partnership. He noted that the collaboration gives 3,000 more schools the opportunity to adopt the Monitor solution, allowing for quicker identification and support of at-risk children. The partnership is expected to expand Qoria's MSP distribution beyond Schools Broadband in the future.
Agreement Terms
The partnership agreement between Qoria and Talk Straight Ltd (trading as Schools Broadband) includes a two-year term with Qoria as the exclusive provider of student safeguarding solutions for Schools Broadband to resell into UK schools. While the company is unable to forecast the potential revenue from this agreement, it considers the partnership to be strategically important.
This partnership is expected to significantly enhance Qoria's market presence in the UK education sector. By leveraging Schools Broadband's extensive customer base, Qoria can expand the reach of its Monitor solution, potentially increasing its market share and revenue. The partnership also strengthens Qoria's reputation as a leader in digital safety and student wellbeing solutions.
Investor Reaction:
Analysts are likely to view this partnership positively, as it aligns with the growing demand for robust student monitoring solutions in the education sector. The collaboration with a trusted provider like Schools Broadband could boost investor confidence in Qoria's growth prospects.
Conclusion:
Investors should keep an eye on the implementation of this partnership and its impact on Qoria's market position. The strategic alignment with Schools Broadband presents a significant opportunity for growth and reinforces Qoria's commitment to student safety. Subscribing to updates on Qoria and the broader education technology sector can provide valuable insights for informed investment decisions.