OLL.ASX: SaaS Agreement with Universitas Muhammadiyah Purwokerto

SaaS Agreement with Universitas Muhammadiyah Purwokerto

Stock	Openlearning Ltd (OLL.ASX)
Release Time	3 Nov 2025, 9:48 a.m.
Price Sensitive	Yes

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OpenLearning Signs A$175,000 SaaS Agreement with Indonesian University

Key Points

5-year usage-based SaaS agreement with Universitas Muhammadiyah Purwokerto (UMP) in Indonesia
Total minimum contracted SaaS fees of circa A$175,000 over 5 years
UMP is part of the Muhammadiyah network, one of the largest Islamic educational organisations in Indonesia

Full Summary

OpenLearning Limited (ASX: OLL) has signed a 5-year usage-based software-as-a-service (SaaS) agreement with Universitas Muhammadiyah Purwokerto (UMP), the largest private university in western Central Java, Indonesia, to utilise OpenLearning's AI-powered learning management system (LMS) across its campus. The total minimum contracted SaaS fees over the 5-year period are circa A$175,000, with the potential for additional revenue based on usage. UMP is part of the Muhammadiyah network, one of the largest Islamic educational organisations in Indonesia, operating 89 universities nationwide as of 2024. UMP selected OpenLearning after evaluating multiple LMS platforms and following successful implementations of the platform at other Muhammadiyah universities. This agreement strengthens OpenLearning's position as a leading AI-powered LMS provider across Southeast Asia, building on its traction in Malaysia and the Philippines.

Outlook

OpenLearning's partnership with UMP builds upon the platform's existing use within the Muhammadiyah system and signifies the growing presence of its LMS in Indonesia.