Insights on Corporate Talent, Learning, and HR Technology
Learning Management Systems (LMS) represent a $3Billion+ marketplace of software platforms that manage corporate training, e-learning, video sharing, assessment, and development. Today a new breed of learning platforms is reinventing the LMS market.
The LMS market is often considered a red ocean: hundreds of vendors, highly complex user needs, and few vendors making a profit. Over the last decade almost every leading LMS vendor (Saba, Docent, Plateau, Learn.com, Litmos, Sumtotal) was acquired, largely because they couldn’t sustain their growth in a highly competitive market.
For LMS buyers ... Read more»
We just completed two years of research on cloud-based HCM (human capital management) systems and the results are striking. Among the 35+ implementations we studied, the findings are now clear: these systems do much more than clean up IT systems: they transform the employee experience.
Just to be clear, the cloud as a computing ... Read more»
The Creator Market has been unleashed, eating everything in its path. TikTok’s revenue jumped to $34 Billion last year and this year (2022) it could be more than twice this number. And TikTok, as a company, doesn’t build any content at all.
This new industry, the Creator Market, is responsible for the fastest-growing companies in ... Read more»
This week Cornerstone, the largest provider of corporate learning technology (and LMS), launched a new product that is likely to change the market. Cornerstone Xplor, a new skills-based, AI-powered platform designed as an LXP, talent mobility, career, and skills platform, has the potential to change the L&D landscape. Let me explain why.
First, Cornerstone ... Read more»
The corporate learning industry becomes more massive every day. We estimate that more than $280 billion is spent on training, upskilling, and professional certification programs and there are now many billions of dollars spent on collaborative learning platforms, content, SkillsTech, and industry solutions.
How do you measure all this stuff?
Well as I ... Read more»
This week two prominent HR Tech vendors were acquired by private equity firms. CornerstoneOnDemand, the leading LMS company, announced they will be acquired by a PE firm Clearlake for $5.2 Billion, a 31% premium to the stock price at the time. In the same week Medallia, one of the leaders in employee voice and ... Read more»
The Learning Technology market is big. Every company is onboarding, reskilling, and developing its people and companies need dozens of tools to do this well. In fact, the entire learning tech market is now over $4 Billion in size and it continues to be one of the most dynamic technology markets in the world.
And ... Read more»
Skillsoft, one of the largest training companies in the world, is like a cat with nine lives. And this week it went public, for the second or third time.
What? Let me try to explain.
In the early days of e-learning (circa 2000), Skillsoft was the first online learning company focused on softskills. Hence ... Read more»
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.
Here’s the back story. Instructure... 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»
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»
I want to tell a story about an entrepreneur, and in the process tell you the story of an industry: the industry of online learning.
It All Started in 1998
The Netscape Browser was launched in 1994, and within four years (1998) a cottage industry of online learning had begun. Internet bandwidth was spotty, video ... Read more»
Today CornerstoneOnDemand announced plans to acquire Saba, cementing the consolidation of the enterprise learning management systems market. Together, the combined company would have total recurring revenue of around $818 Million in 2019, making the company a near billion-dollar recurring revenue company.
While this makes Cornerstone a force to be reckoned with, it represents the ... Read more»
Today Degreed, one of the leading providers of Learning Experience Platforms, announced its acquisition of Adepto, a London-based provider of contract and gig work systems. The company positions itself as providing a “total talent” platform, because they help companies manage the ongoing shift from “jobs to work” and what I often call the new “Pixelated ... Read more»
It’s Fall again and I’m finishing up my biggest-ever report on HR Technology: The HR Tech 2020 Disruptions Study.
This comprehensive study is done in partnership with LRP, the producers of the HR Technology Conference, so you can get your hands on it in one of two ways.
