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.
Category: LMS, LCMS
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.
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.
- First, you can sign up
The HR technology market is clearly on fire. As I described in the report HR Technology Disruptions 2019, more than $2 billion of Venture Capital and other equity was invested in the market last year, and almost every company I talk with is replacing, upgrading, and enhancing its HR technology stack.
Given all this ... Read more»
The enormous market for training and learning tools is very fragmented. Today there are more than 200 LMS vendors, more than 30 LXP vendors, and thousands of vendors who build collaboration tools, mobile learning tools, content development tools, and analytics tools. (Roughly 12% of the $240 Billion corporate training market is spent on tools.)
While ... Read more»
As I talked about in the article From Talent Management To Talent Experience, the market for corporate talent management software has changed.
Companies are no longer happy with end-to-end talent management systems designed for HR – we now need platforms that help employees (and contingents) manage their own talent experience at work.
While this ... Read more»
The learning experience platform (LXP) market is growing up fast. Only a few years ago startup companies like Pathgather, Degreed, and EdCast pioneered the idea of a platform to make corporate learning content easy to find. These next-generation portals took off and now thousands of companies are looking to put their Learning Management System ... Read more»
Let’s face it, the paradigm of email is broken. Research shows that employees spend over 20% of their time on messages unrelated to their jobs, and in most companies, the email system has become real-time. The research I recently published shows that the highest performing employees respond to emails the fastest, which of ... Read more»
Since the acquisition of Lynda.com in 2015, LinkedIn has become a tidal wave in corporate learning. It feels like they’re going everywhere, and you don’t want to get in the way.
If you go back only a few years (June of 2016 when LinkedIn was acquired by Microsoft), LinkedIn was primarily a professional ... Read more»
It isn’t every day that an industry analyst gets to go behind the scenes of an iconic and controversial company, but this week I had that chance. Invited by the HR and corporate learning team, I spent a day at Tesla. I went for the plant tour, wandered around the corporate offices, and spent a ... Read more»
Today Degreed, one of the pioneering vendors of Learning Experience Platforms (LXP), announced plans to acquire Pathgather, another innovator in this space. This acquisition gives Degreed clear market share leadership in this fast-growing new market, putting pressure on challengers like EdCast, CornerstoneOnDemand, Skillsoft, LinkedIn and others to move faster as ... Read more»