Most people think of LinkedIn as a company that offers job search, recruiting, professional networking, and marketing tools for business. Well, based on today’s announcement, the company is now much more. LinkedIn is seriously in the HR technology business and well beyond ‘just recruiting’, unleashing its Learning Experience Platform (Learning Hub), skills taxonomy, and ... Read more»
Category: Enterprise Learning
Enterprise Learning covers all aspects of employee development, training, leadership development, and the operations, governance, technologies, and tools of corporate training. This is a $240 billion industry filled with complex and powerful solutions to help people learn and progress at work.
Degreed, the pioneering learning tech company that leads the Learning Experience Platform market, just received $153 Million in additional funding and is now valued at $1.4 Billion. With a compound growth rate of over 70%, more than 350 customers, and 7 million users, this is a reasonable valuation and shows how big this market ... Read more»
The Labor Market is changing fast. New jobs are being created at a record rate, remote work has now become standard fare, and the demand for service jobs is explosive. According to EMSI, there are 24% more jobs in the US than there were a year ago.
What are all these jobs? They’re in healthcare, ... Read more»
Over the last few weeks, everyone has been excited about Microsoft Viva. Microsoft’s intense focus on the need to simplify and improve employee’s work lives has been wildly exciting and both buyers and vendors have been lining up.
I don’t often write about M&A transactions unless they’re strategic but this one points out an important topic. In the complex, competitive market for HR and learning solutions (it is the reddest of “red oceans” out there), companies have to focus on sales, marketing, and positioning to succeed.
BetterUp, a company known for its coaching network and AI assessment and development tools, just raised an additional $125 Million and is now valued at $1.73 Billion. This makes the company roughly two-thirds the valuation of CornerstoneOnDemand, a business with nearly a billion dollars in recurring revenue.
What’s up here?
Well BetterUp is a ... Read more»
The market for employee surveys, feedback, and engagement tools is massive and it just got bigger. Workday announced plans to acquire Peakon, an enterprise-grade employee survey and feedback company, and integrate it deeply into the platform. (Deal was around $700M.)
Let me give you some perspective.
The market for employee listening platforms is ... Read more»
Among all that’s happened this year, one of the most important parts of business has been learning. More than 40% of Americans have changed jobs; reskillling and upskilling continues to be critical; and there’s even evidence that there are labor shortages in certain critical roles again. How have companies dealt with all this? Through a ... Read more»
The $240 billion corporate learning market is one of the most complex and fast-changing worlds in HR. There are dozens of platform providers, hundreds of content companies, and an army of new ideas and innovations every day.
And innovation is fast and furious. Whenever a new technology is invented, learning technologists quickly try to use ... Read more»
Skillsoft is one of the most fascinating companies in the marketplace. As the pioneering company in online learning (founded in 1998, originally focused on soft skills), the founders aggressively defined the market for web-based corporate training and rapidly dominated the landscape. During my years as an analyst I watched the company go from ... Read more»
One of the more disruptive HR Tech vendors is Degreed. I met with the founders early on (David Blake and later Chris McCarthy) and they had a vision: reinvent the way people develop their careers (not exactly a new idea). Initially the company intended to build a B2C network of professionals learning from each other, ... Read more»
The Technology Marketplace is filled with growth, and the Pandemic has just accelerated the pace. As of last year, the tech industry makes up about 12% of US GDP and includes more than 18 million jobs. Since the Pandemic this industry has exploded in growth and is now an even larger part of the economy.... Read more»
Yesterday I read a fascinating study by Dice, one of the leading tech recruitment firms. Amazingly, despite all the talk about Zoom Fatigue and all the challenges with children, dogs, and family distractions at home, people LOVE remote work.
Look at the data. First, almost 2/3 of tech workers would prefer to work at ... Read more»
Over the last five years companies have been working to improve internal talent mobility. Not only does it save money on recruiting, it enables companies to find internal expertise which is often hidden in the organization. And it creates a strong sense of engagement and belonging in the workforce.
Why is this such a big ... Read more»
The corporate learning industry is over $240 billion in size and is critical to our economic future. All workers need to keep their skills current and the Pandemic has created more need to learn than ever.