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Articles on this Page
- 01/12/16--02:51: _Speexx Releases Glo...
- 01/12/16--06:24: _Maersk to Offer Emp...
- 01/13/16--01:19: _ILX Launches a New ...
- 01/13/16--03:24: _Accenture Invests M...
- 01/14/16--01:57: _TrainingIndustry.co...
- 01/14/16--03:50: _NFEC Announces Laun...
- 01/19/16--01:39: _LMW Launches a New ...
- 01/19/16--02:24: _GP Strategies Award...
- 01/20/16--03:12: _Totara Learning Exp...
- 01/26/16--01:25: _Grovo Raises 40M Se...
- 01/26/16--01:46: _Simformer Business ...
- 01/26/16--08:31: _MIT Professional Ed...
- 01/26/16--08:42: _Glamorise Selects C...
- 01/27/16--02:47: _Xyleme 5 to Be Unve...
- 01/27/16--03:08: _Eduventures Publish...
- 01/28/16--01:11: _TrainingIndustry.co...
- 01/28/16--01:19: _MicroTek Announces ...
- 01/28/16--01:52: _Inkling Unveils its...
- 01/28/16--06:23: _BizLibrary Releases...
- 02/01/16--07:34: _Cornerstone OnDeman...
- 01/14/16--01:57: TrainingIndustry.com Announces Top Authoring Tools Companies List
- 01/20/16--03:12: Totara Learning Expands Global Partner Network with Raytheon
- 01/26/16--01:25: Grovo Raises 40M Series C to Reinvent Workplace Learning Development
- 01/26/16--01:46: Simformer Business Simulation Platform Enters Indian Market
- 01/28/16--01:19: MicroTek Announces Expansion of EMEA Presence
- 01/28/16--01:52: Inkling Unveils its All In One Enterprise Content Platform
- 01/28/16--06:23: BizLibrary Releases First of 800 New Interactive Video Lessons
Munich, Germany – January 12, 2016 − Speexx, the leading global provider of online corporate language training, has released initial findings from its 4th annual global survey of HR and L&D professionals. The survey reveals that flexible learning, big data, and better employee communications are recognized as key enablers to align corporate learning more closely to business requirements.
The Speexx Exchange 2015-16 Survey, which was conducted between August and December 2015, indicates that “finding and retaining the best talent” is still the number one concern for global businesses (28 percent) and that “aligning training and development with business needs” (24 percent) is going to be a key objective. Yet, 44 percent of organizations are struggling to make sense of “big data” and not fully utilising its benefits.
Speexx will be releasing two white papers to capture the key findings to give HR professionals an insight of what is shaping corporate learning in 2016:
White paper (part 1) – Understanding how big data helps HR
White paper (part 2) – Communication skills, mobility and blended learning
Other findings from the survey include:
Blended learning: 63 percent of companies audited said that “blended learning” will continue to be the primary approach for corporate learning as opposed to pure face-to-face training or standalone e-learning.
Big data: Maximizing the use of HR data was hit by a barrage of internal issues. Those audited listed five major obstacles: Lack of management support (31 percent), lack of know-how in collecting and using data (24 percent), budget constraints (16 percent), global implementation issues (16 percent) and understanding data privacy issues (13 percent).
Mobile learning: 35 percent of businesses now use mobile devices for corporate learning, while almost one in five companies plan to implement a mobile learning strategy within their organization within the next three years.
Communications: 98 percent of organizations agreed that good communication is “very important” or “important” for overall business success. However, the “lack of management support” (27 percent), “intercultural differences” (23 percent), the “lack of foreign language skills amongst employees” were the top reasons were holding back strong communications.
In addition to the white paper, Speexx is offering an infographic which is part of the Towards Maturity Treasure Trail. Titled, “6 bright ideas to maximise your top talent”, the infographic summarizes the main findings from December’s Speexx Exchange conference in Berlin which attracted over 100 HR and L&D leaders from around the world.
“Technology has transformed how business is conducted and the workplace now demands an international pool of staff with better communication skills to maximise on global opportunities," said Armin Hopp, founder and president at Speexx. "Organizations with a mature talent management strategy are best placed to foster an ongoing learning and strong cross-border communications.”
Speexx helps large organizations everywhere to drive productivity by empowering employee communication skills across borders. Speexx offers an award-winning range of cloud-based online language learning solutions for business English, Spanish, German, Italian and French with ongoing support in 13 languages. Speexx is easy to use and scales to the needs of users and training managers in organizations of any size. The Speexx branded Perfect Blend integrates online business communication skills training, mobile and social learning, expert coaches located throughout the world and personalized live online activities into one fully standardized, globally consistent learning experience. More than 8 million users in 1,500 organizations – including Ericsson, UNHCR and Credit Suisse – use Speexx to learn a language smarter and deliver results on time. Speexx was founded in 1994 and is headquartered in Munich, New York, London, Madrid, Milan, Paris, Sao Paulo and Shanghai.
Santa Monica, CA and London, UK – January 12, 2016 – Cornerstone OnDemand, a global leader in cloud-based talent management software solutions, announced that Maersk, a worldwide conglomerate in transportation and energy, has selected Cornerstone’s learning management system (LMS), Cornerstone Learning, and Cornerstone Connect, Cornerstone’s social collaboration application, to deliver learning and development and ensure compliance across its organization. The agreement, which was signed in fall 2015, provides Maersk with solutions to help their employees access important training courses and collaborate with their peers, no matter their location or network connection, via mobile, collaborative and offline learning capabilities.
Maersk employs more than 89,000 employees – many of whom work remotely or in the field – across 130 countries. Maersk is involved in a wide range of activities in the shipping, logistics, and oil and gas industries, and it is considered one of the largest container ship and supply vessel operators in the world.
“We knew we needed a modern, robust system to manage our people, and it was important to us to have a system that promoted collaboration through learning,” said Mads Ingholt, head of leadership development at Maersk. “Additionally, offline learning through Cornerstone will allow our remote workforce to complete training and compliance certifications in locations like oil rigs, while our flexible workforce can train on a smartphone from home or any location. Cornerstone Learning will make it convenient and simple for our employees to continue to develop professionally and stay up-to-date with training and compliance.”
With such a large workforce spanning multiple industries, Maersk was in search of a modern LMS that would not only be cost effective but that would also serve several business needs. By implementing Cornerstone Learning and Cornerstone Connect, Maersk will be able to:
Engage its workforce and enable anytime, anywhere learning. Whether in an office or on an oil rig, Maersk’s employees will be able to access necessary training and collaborate with their peers through Cornerstone’s mobile, offline and collaborative learning capabilities. Maersk will be able deliver blended learning opportunities across its organization, from instructor-led training, e-learning and virtual learning opportunities, to certifications and compliance, via one centralised system. The additional use of Connect will enable Maersk to facilitate true knowledge sharing within the organization, where employees can submit their own content, learn best practices and teach each other through instructional videos.
Ensure employee compliance. As an organization operating in highly-regulated industries such as transportation and energy, it is imperative for Maersk’s HR and business leaders to have visibility across the organization for compliance reporting. Cornerstone’s cloud-based software allows managers to instantly determine which employees are in compliance and take swift action with those who are at risk of non-compliance.
Accelerate employee performance. Maersk will be able to boost employee productivity by offering its workforce the ability to access a cohesive learning experience from any mobile device, whether online or offline, with a much more intuitive user interface than Maersk’s prior LMS. This will help foster a culture where employees not only complete their assigned training in time, but also actively seek relevant learning courses and materials on an ongoing basis to advance their own careers.
“We’re thrilled to offer Maersk comprehensive learning and development solutions that will enable them to help their employees realize their potential,” said Vincent Belliveau, executive vice president and general manager of Europe, Middle East and Africa (EMEA), Cornerstone OnDemand. “We’re firm believers in the value of collaborative, mobile and offline learning as part of an overall blended learning strategy. Many of our clients who have taken a similar approach with their learning strategies have seen impressive results in terms of better employee engagement and an overall more productive workforce.”
The Maersk Group is a worldwide organization with about 89,000 employees and offices in around 130 countries. In addition to owning one of the world’s largest shipping companies, Maersk is also involved in a wide range of activities within the energy, shipping and manufacturing industries. In 2014, Maersk Group was no. 172 in the Fortune Global 500 listing.
About Cornerstone OnDemand
Cornerstone OnDemand is a global leader in cloud-based learning and talent management software. The company’s solutions help organizations realize the potential of a modern workforce. From recruitment, onboarding, training and collaboration, to performance management, compensation, succession planning and analytics, Cornerstone is designed to enable a lifetime of learning and development that is fundamental to the growth of employees and organizations.
Based in Santa Monica, California, the company’s solutions are used by more than 2,400 clients worldwide, spanning 22.2 million users across 191 countries and 42 languages.
London, UK – January 13, 2016 – ILX, the global best practice learning company, has launched the ‘ILX Player App’ to allow mobile access to a broad range of ILX’s e-learning courses. The new app provides users with short video content which actively supports online or classroom training. This includes a wide range of courses such as PRINCE2, managing successful programs (MSP), management of risk (MoR), agile PM and ITIL.
How does the app work? Anybody can download the app for free, and those registered for ILX’s e-learning courses will be able to access these courses via the app at no extra charge. The app provides a quick and easy access to downloadable video content on tablet or phone devices.
Course content is stored locally on the user device so once it’s downloaded someone can study anywhere without the need for an internet connection. This is ideal for those commuting or located in areas where internet reception may be poor. Users of the app can also switch between devices and pick up the video content where they last left the frame. Progress information and time spent on each session is also sent back to the main ILX portal so that the course administrator can monitor progress made by each candidate.
“There have been two key trends in corporate learning,” said Russell Kenrick, managing director at ILX. “First, mobile apps are becoming the dominant form of digital interaction. Second, project managers still require a blended approach to learning which allows a mix of e-learning, mobile and high quality classroom support. Our course candidates are busy professionals, with limited amounts of time to commit to PC based training. The new ILX Player App will allow greater access to content anywhere and at any time, therefore providing a flexible solution which works with modern day lifestyle and working commitments.”
The ILX Player App is available to download for free by visiting either the App store or the Google Play store.
To use the ILX player App users will require an ILX portal account. The process is quick to set up. ILX's complete e-learning portfolio is available to download subject to license.
PRINCE2®, MSP®, MoR® and ITIL® are registered trademarks of AXELOS Limited. APMG-International AgilePM is a trade mark of The APM Group Limited. AgilePM is a Registered Trade Mark of Dynamic Systems Development Method Limited.
About ILX Group (ILX)
ILX Group is a global all-in-one provider of best practice learning solutions. ILX delivers portfolio program & project management, IT service management, risk management and business financial literacy learning solutions. The best practice courses are delivered through a blend of classroom, workshops, e-learning and mobile platforms.
ILX is a market leader in PRINCE2® training and has provided best practice learning to more than 250,000 people across 5,000 organizations in over 100 countries. ILX works closely with its clients to deliver Industry standard qualifications and helps organizations to deliver continuous workforce improvement. The company and its multi-lingual trainers can support customers around the world with local offices also in the UK, Middle East, Australia and New Zealand.
New York, NY – January 13, 2016 − Accenture invested $841 million on the training and professional development of its employees in fiscal 2015 – delivering 15 million hours of training, at an average of more than 40 hours per employee. With a focus on digital, the company has reinvented its approach to learning, enabling its 373,000 employees to unleash ideas, drive innovation and develop the highly specialized skills needed to serve Accenture’s clients and communities.
“As a talent-led organization, we are always inventing new ways for our people to learn and grow professionally in their careers,” said Pierre Nanterme, Accenture’s chairman and CEO. “Digital is key to learning at Accenture, and we continue to invest in the latest digital technologies to deliver highly relevant training to our people – quickly and at the point of need – to ensure that we are bringing our clients the end-to-end capabilities and outcomes that only Accenture can deliver."
Reinventing training through Accenture Connected Learning
The centerpiece of this investment is Accenture Connected Learning, a blend of classroom-based training and a digital learning environment that links the company’s employees to professional content and world-class experts from inside and outside Accenture.
Since its introduction at the start of fiscal 2015, Accenture Connected Learning has enabled the company to develop highly specialized skills at scale and to respond to quickly changing business requirements faster than ever before. At the same time, Accenture Connected Learning enables employees – data scientists, visual designers, information architects, mortgage processors or any of the diverse skilled professionals within the company – to enrich their professional capabilities, develop the critical skills needed to stay market-relevant and enhance their own career opportunities.
“Accenture Connected Learning makes learning continuous, flexible and increasingly democratized,” said Ellyn Shook, chief leadership and human resources officer at Accenture. “Our people learn best by connecting, collaborating and practicing for the scenarios they will encounter in their work with our clients. From basic skills to industry-specific content, learning is available to all our people anywhere, anytime – and, in many cases, no selection or approval is involved. Simply tap the app and start learning.”
Specifically, Accenture Connected Learning comprises:
More than 50 connected classrooms that enable Accenture employees from multiple locations – often spanning thousands of miles – to participate together in interactive and collaborative classroom sessions taught by Accenture’s senior leaders and world-class subject matter experts. Accenture plans to double the number of its virtual classrooms in fiscal 2016, to more than 100.
More than 24,000 online courses and 900 learning boards – online forums curated by subject matter experts through which Accenture people can find and share the best information and ideas. These online courses and learning boards provide anywhere, anytime learning opportunities – giving employees development opportunities outside of the traditional classroom environment.
Five regional learning centers, which offer Accenture employees a more traditional classroom learning environment and help develop the company’s talent locally. The company has centers in Bangalore, India; Kuala Lumpur, Malaysia; London, England; Madrid, Spain; and St. Charles, Illinois (outside Chicago) in the United States.
More than 100 professional communities, the newest learning environment within Accenture Connected Learning, which bring together Accenture colleagues around the world who do similar work, such as software engineering, or who specialize in a specific industry, such as banking. Through professional communities, employees can harness the power of Accenture’s global network for answers, ideas, collaboration, innovation, lessons learned, industry insight and more – whether for ongoing professional development or a point-in-time need.
Training is just one part of the overall investment Accenture makes to help its people succeed professionally as well as personally. To strengthen how it develops and grows employees, earlier this fiscal year the company began shifting from an annual performance management process to one that includes real-time, forward-looking conversations about setting priorities, growing strengths and creating rewarding career opportunities. Additionally, to help its people navigate the challenges of raising a family while continuing to pursue their careers, the company significantly expanded maternity and paternity leave benefits in a number of countries, providing those who choose to be at home following the birth or adoption of a child with greater support and helping to ease their transition back to work.
Accenture is a leading global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations. Combining unmatched experience and specialized skills across more than 40 industries and all business functions – underpinned by the world’s largest delivery network – Accenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders. With approximately 373,000 people serving clients in more than 120 countries, Accenture drives innovation to improve the way the world works and lives.
RALEIGH, NC − January 14, 2016 – TrainingIndustry.com has announced its Top Authoring Tools Companies List, as part of its mission to continually monitor the training marketplace for the best providers of training services and technologies.
View the 2016 Top Authoring Tools Companies
This year’s Top Authoring Tools Companies List was based on the following criteria:
Leadership and innovation in Authoring Tools
Breadth of Authoring Tools and delivery methods offered
Company size and growth potential
Quality and number of clients/users
Awards, recognition and competitive differentiation
“This year’s list of Top Authoring Tools companies offer a diverse set of tools and services to help meet any organization’s training needs,” said Ken Taylor, president, Training Industry, Inc. “By incorporating interactive content, assessments and many other critical features, organizations can craft engaging and effective content using these authoring tools.”
“Despite continued consolidation in the Authoring Tools segment in 2015, this year’s Top Authoring Tools companies remain the key players in this market and provide their users with technology-rich, engaging tools and features.” said Doug Harward, CEO of Training Industry, Inc.
To contact Training Industry about the Top Authoring Tools List, email email@example.com.
View the 2016 Top Authoring Tools Companies
About Training Industry, Inc.
TrainingIndustry.com spotlights the latest news, articles, case studies and best practices within the training industry, and publishes annual Top 20 and Watch List reports covering many sectors of interest to the corporate training function. Our focus is on helping dedicated businesses and training professionals get the information, insight and tools needed to more effectively manage the business of learning.
San Francisco, CA – January 14, 2016 − As part of its ongoing quest to stay on the cutting edge of financial literacy programming, the National Financial Educators Council (NFEC) announces the 2016 launch of its new eVolve e-learning personal finance education platform and integrated learning management system.
The proprietary e-learning platform and learning management system form the backbone of the NFEC's eVolve Personal Finance Education Center. Grounded in constructivist theory, these online learning tools create a learner-focused interactive experience designed to be unique for each individual user. Learners construct their own understanding by completing practical real-world financial activities and then reflecting on those lessons. The NFEC believes this approach helps students assimilate what they learn and effectively translate knowledge into action.
At the same time, the eVolve platform and materials are solidly evidence-based and were designed according to current educational theory and benchmarks. The learner-centered approach applies accepted educational strategies including scaffolding, simulation, project-based learning, and case studies. Students who complete the entire eVolve program satisfy the requirements established in the National Financial Literacy Framework & Standards and earn the NFEC's Certification. The NFEC also has aligned its curriculum with national financial education and common core standards for teachers looking to satisfy required lessons.
To augment the eVolve program, the NFEC developed a Learning Management System that allows students and facilitators to customize learning pathways. Students can personalize their learning experience based on specific interests, test results, and lesson accomplishments. Course facilitators can choose from self-paced, timeline-based, or testing-based pathing. The Learning Management System's Central Dashboard provides robust evaluation data that allows educators to set up various engagement analytics and defined milestones.
Thriving in today's economy demands high-level skill sets that are best learned through a combination of hands-on and traditional teaching modalities. Virtual learning methods offer flexibility both for students and for educators. The NFEC cites the value of the eVolve platform's adaptability for delivery as self-study, to augment live instruction, or as part of a blended learning experience.
The NFEC's continued expansion into EdTech is aligned with their mission to raise people's financial capabilities on a global scale. The organization incorporated the latest education technology best practices into its financial education programming to build an authentic, dynamic learning process for nontraditional learners. Education technology – or EdTech – reflects the intersection between pedagogy and innovation being used increasingly more widely as colleges and certification programs strive to reach students with competing priorities.
"The program was developed for those passionate about promoting financial wellness who want to deliver a professional-level financial education that leverages best practices both for e-learning and for education," said Vince Shorb, CEO of the NFEC.
The platform is currently available for organizations and other businesses while the direct to learner model will be released in the 3rdquarter.
While eVolve makes financial literacy education accessible and translatable to a wide audience, the NFEC also employs the proprietary e-learning platform to deliver its nationally-recognized Certified Financial Education Instructor (CFEI) training program. The CFEI curriculum has been recently updated and graduates take a place among the best-prepared financial educators in the world. The launch of the eVolve and CFEI programs on the e-learning platform marks the NFEC's expansion into the EdTech space, with more online financial education programming to follow.
The National Financial Educators Council, a personal finance company with a social enterprise business model, has a mission to raise people's financial capabilities on a global scale. The NFEC is a full-service education company that provides financial literacy material, promotes advocacy campaigns, sets standards, conducts research and shares best practices.
Cardiff, UK – January 19, 2016 – An innovative digital platform that delivers the latest news, thinking and insights from leadership and management sources around the world has been launched by Leadership & Management Wales (LMW).
The LMW Hub is an innovative concept – a digital platform that helps managers and leaders take leadership development into their own hands. In today’s information rich – but time restricted – world, the LMW Hub is the only source providing relevant and practical leadership and management news in one easy-to-access location. All content is hand-picked by LMW’s unbiased editorial team, filtering the noise and saving members valuable search time.
Specifically, the LMW Hub comprises:
Member area: A definitive summary of the important, need-to-know leadership and management related information. The member area contains tools and resources, exclusive interviews with business leaders, top tips, book reviews and insider intelligence showcasing how other organizations develop their people.
Daily information digest: every day, LMW’s editorial team scours the net and hand-picks the most relevant leadership and management related stories, thinking and ideas published across the globe. Only the world’s most significant and useful stories make the cut – no irrelevant news, no time waste.
Weekly top picks: a weekly round-up of the most important leadership and management news from the daily information digest, delivered directly to members’ inboxes.
Leadership toolkit: each month LMW’s expert team summarises the latest quality resources and best practices on a topic relevant to managers. The toolkit includes the best articles, products, tools, resources and websites relating to carefully chosen topics, from employee engagement to leadership styles.
The archive: all content is organized in a searchable online library, enabling members to search hundreds of themed leadership and management related articles from across the world.
How does it work? The LMW Hub is accessible to individuals and businesses alike. Joining the Hub as an individual is just £49.95 a year – less than £1 per week – and can be done directly on LMW’s website (www.lmw.org.uk/lmwhub). The Hub is also available in a variety of different packages to suit businesses of all sizes. The investment for a business up to 49 employees could be as little as £4 per head – a notable difference compared to traditional training sessions. No new systems or equipment are required to join the Hub.
“It has become apparent over the years that business managers are committed to developing their leadership skills, but they lack the time and resources required to undertake formal leadership development,” said Dr. Barrie Kennard, chief executive. “Given the digital nature of the platform, we believe that the LMW Hub offers businesses an innovative, cost effective and most importantly time efficient way for leaders and managers to engage with leadership development.”
Leadership & Management Wales (LMW) is the Centre for Excellence for leadership and management skills.
LMW’s role is to support private, public and third sector organizations in developing ‘world-class’ leadership skills, enabling them to increase business efficiency.
As the recognized Centre for Excellence, LMW is able to offer a unique insight into contemporary issues affecting leadership and management across the business landscape. By using our extensive network of contacts we bring new and innovative development initiatives to businesses.
Columbia, MD and London, UK – January 19, 2016 − Global performance improvement solutions provider GP Strategies Corporation announced that HSBC has exercised an option to extend for two years its contract with GP Strategies to act as its Managed Services Integrator to provide global learning services. Under the multi-year agreement, GP Strategies supports HSBC's learning function in the development and deployment of learning for all business lines across the globe. As a strategic partner, GP Strategies helps HSBC drive global consistency and efficient ways of working in concert with the effective management of operational risks, enabling the learning function to become more responsive to the needs of HSBC employees and managers.
HSBC, one of the world's largest banking and financial services organizations, serves customers worldwide through a network of around 6,100 offices in 72 countries and territories in Europe, the Asia-Pacific region, North and Latin America, the Middle East and North Africa.
About GP Strategies GP Strategies Corporation is a global performance improvement solutions provider of training, e-learning solutions, management consulting and engineering services. GP Strategies' solutions improve the effectiveness of organizations by delivering innovative and superior training, consulting and business improvement services, customized to meet the specific needs of its clients. Clients include Fortune 500 companies, manufacturing, process and energy industries, and other commercial and government customers.
Santa Clara, CA − January 20, 2016 − Totara Learning announced Raytheon Professional Services (RPS), a subsidiary of Raytheon Company, as a new Totara Solutions Partner.
Under the new agreement, Raytheon Professional Services will be able to offer its customers an open source learning platform that easily and cost effectively meets their needs. Totara Learning’s solutions deliver both formal and informal learning capabilities and can be easily adapted to the needs of any global organization.
“We partnered with Totara Learning because of their excellent track record in developing innovative open source platforms,” said David Letts, vice president of Raytheon Professional Services. “With this technology we will provide our customers with multiple options to meet the learning needs of their global workforce.”
Raytheon is focused on bringing solutions to high consequence environments such as military and government organizations, automotive, energy, financial services and retail industries, among others. They have a global team of 1,200 professionals who are focused on the delivery of high quality outsourced learning solutions. Raytheon Professional Services will be delivering Totara LMS and Totara Social solutions to their customers in the Americas, Europe and Asia Pacific regions.
“Raytheon Professional Services is a superb addition to our partner network globally,” said Willem Boom, vice president - partner solutions at Totara Learning. “RPS is a leading player in the learning and development space and will deliver Totara LMS and Social solutions to their impressive customer base. We look forward to a long-term partnership.”
About Totara Learning
Totara Learning is rapidly transforming the learning technology software market. Our products include the award-winning Totara LMS, a functionally rich learning management platform and Totara Social, an enterprise Social Learning Network designed to foster collaboration, communication and knowledge sharing.
Totara Learning products are open source, highly flexible and bring powerful freedoms to all organizations with formal and informal learning needs, both within the workplace and the extended enterprise. They are used by many industry sectors, including finance, retail, energy, health, government and not-for-profit organizations. Customers range from small to large multinational corporations with over 200,000 employees – a testament to our innovation, robust versatility and scalability.
New York, NY – January 16, 2016 − Grovo, the SaaS company reinventing learning for the modern workforce, announced $40M in Series C funding led by existing investor Accel with participation from Costanoa Venture Capital, SoftTech VC, and Greg Waldorf, as well as new investor Vayner Capital. Grovo will use the funds to expand its core product offering and secure its position as the leader in workplace learning innovation. To support its explosive growth, the company also plans to invest in a round of key executive hires and an expanded NYC headquarters. The round comes a year after Grovo’s $15M Series B, also led by Accel, and brings Grovo’s total equity raised to $65M.
“Accel has deep experience funding companies that are pioneering new technology and transforming industries,” said Sameer Gandhi, partner at Accel and member of Grovo’s board of directors. “Grovo has created a highly scalable business model that integrates learning technology, groundbreaking video content, and best-in-class service to address the talent needs of today’s organizations. We think Grovo is well positioned to continue to capitalize on the large growth opportunities in the $130 billion corporate training space.”
Grovo’s annual recurring revenue has grown 400 percent over the past 12 months as the world’s leading brands adopt its next-generation learning solution to drive organizational performance. The company’s traction demonstrates an appetite for a new approach to learning and development that matches the evolving nature of work today. Recent clients to join Grovo’s portfolio include WeWork, The Wyndham Hotel Group, and the National Basketball Association. They join existing clients such as Capital One, Chevron, the Kansas City Chiefs, Pernod Ricard, and DDB Worldwide.
“For far too long, corporate training has been broken: irrelevant, out of date, and frankly, mind-numbingly boring,” said Gary Vaynerchuk, partner at Vayner Capital. “Grovo has become one of the fastest-growing SaaS companies in New York by re-imagining what effective learning looks like in today’s workplaces, with a 21st century approach that matches the realities of our wired world. Vayner Capital is thrilled to show our support with this investment."
A pioneer in the microlearning movement, Grovo unites four key product areas to deliver industry-leading learning outcomes: a beautiful training platform, engaging 90-second video lessons, integrations that link Grovo with the full human capital management technology stack, and an advisory service that aligns learning strategy to business goals. This all-in-one solution empowers employees to make a lasting impact on their organizations, with a curated curriculum that helps them quickly master everything from cloud applications to management techniques. Since launching in 2010, Grovo has delivered more than 9 million learning moments at organizations in 190 countries.
“Over the past two years, Grovo has built a best-in-class team on a foundation of discipline, playfulness, and a deep love of learning. It’s allowed us to deliver our clients cutting-edge workplace learning solutions and grow incredibly quickly,” said Jeff Fernandez, co-founder & CEO of Grovo. “This additional funding will enable us to accelerate development of products that transform the industry, while continuing to lead by example with our own internal learning initiatives. We couldn't be more excited."
Grovo’s own culture of learning has helped the organization double headcount from 100 to more than 200 employees in the past year, while cementing its status as one of the best places to work in tech. The company recently appointed Vice President of People Joris Luijke to catapult Grovo to become a leading culture-first tech company and model a new way of thinking about talent development for its clients. Recognized as one of the most progressive forces in HR, Joris joins Grovo from Squarespace, where he served as vice president of people for two years. Previously, Joris helped Atlassian rapidly scale from 130 employees to 700 employees.
Other recent notable hires include Vice President of Content Molly Lindsay, formerly of Boundless; Senior Director of Sales Michael Rosenberg, formerly of Square and iCIMS; and Director of Engineering Anthony Ferrara, formerly of Google. They join an executive team fueling growth and innovation across departments.
Grovo is reinventing learning for the modern workforce. The next-generation learning solution combines beautiful technology, engaging microlearning content, and hands-on advisory support to deliver a better way to learn at work. From onboarding to leadership training, Grovo teaches everything today’s employees need on a platform that learners and trainers love.
Founded in 2010, Grovo has delivered more than 9 million learning moments at organizations in over 190 countries. Its own culture of learning has earned the company recognition as a "Best Place to Work" by Entrepreneur Magazine, Crain’s, and Internet Week. Headquartered in NYC, Grovo has raised venture financing from Accel Partners, Greg Waldorf, Costanoa Venture Capital, SoftTech VC, Lerer Ventures, Red Swan Ventures, and Vayner Capital.
January 26, 2016 − The integration of Simformer.com and MOOC ApnaCourse, the Indian equivalent of Lynda.com, has been finalized. Apna has become the first major education platform integrating modern educational and training products that are based on Simformer Business Simulation.
Founded in 2013, ApnaCourse platform provides access to educational content to thousands of people around the world. After only one year on the market, the company was named the best startup in the Indian Silicon Valley. The courses on ApnaCourse offer certificates CFA, FRM, CFP in finance, PMI-ACP, PMP in the field of quality management and project management, ISTQB, CISA, CISM in the field of IT services and security, etc.
Simformer, an education side project of a popular Russian-based game Virtonomics, was created in the same year as ApnaCourse. The key direction of Simformer’s activity is to develop a unique educational online platform based on business simulation for practice-oriented learning. The range of Simformer possible solutions is wide: corporate training programs, university courses and seminars, individual training. The basis of the platform is an economic multiplayer online game Virtonomics, which was launched in 2006. These days Victonomics is the most powerful, fully-featured multi-user and realistic business simulation in the world, according to the experts of the international consulting company Accenture and British Gamification Nation. The game has about 1.5 million registered users worldwide, half of them Russian users, the second half –users from English and Spanish-speaking countries.
"Our main priority are European and American markets, as well as Asian countries, which are interested in education with English as the language of instruction,” said Sergei Menshchikov, founder and CEO of Simformer. “Collaborating with Apna is an important step towards this direction for us. In the future, we plan to integrate Simformer with all major educational platforms in order to create and introduce a fundamentally new class of educational and training products to mass market.”
India is the fastest growing online market in the world. Nowadays there is a huge number of Internet users India (240 million), which according to the experts, is expected to reach 700 million people in a few years. Domestic economic trends cause an increase in the demand for educational services. India ranks second in the world in the number of students studying abroad. Only in the United States more than 100,000 Indian students study each year.
India is making significant efforts in developing a stable system of online higher education. The economic situation and the high cost of traditional educational programs create favorable conditions for the country to become the leading player in Asia’s e-learning market.
The total market for online educational products in India is estimated at $ 1.5 billion. According to Ken Research Group, the expected growth rate of CAGR is 17.4 percent per year. The key components that encourage India’s market growth are government support for e-learning, increasing level of technology integration, the lack of quality education, and the convenience and affordability of online learning. All these aspects can make the project between ApnaCourse and Simformer successful.
Cambridge, MA – January 26, 2016 − MIT Professional Education announced a first-of-its-kind digital program, “Internet of Things: Roadmap to a Connected World,” to begin on April 12, 2016.
Designed to provide actionable insight for technical professionals across all industries, the six-week online course will explore new research, architectures and applications at the forefront of IoT. Leading the course are esteemed faculty including Sanjay Sarma, dean of digital learning, co-chair of the MIT Auto-ID Labs and one of the original architects of IoT at MIT in the 1990s. Also presenting are Daniela Rus, director of MIT’s Computer Science and Artificial Intelligence Laboratory (CSAIL), as well as other CSAIL researchers and industry experts such as Tim Berners-Lee, inventor of the World Wide Web and founder of the World Wide Web Consortium (W3C), Carlo Ratti, director, MIT SENSEable City Lab and Joseph Paradiso, co-director, Things That Think Consortium, MIT Media Lab
Featuring a holistic, MIT-styled approach to IoT topics, the new course offers a comprehensive overview of both existing and developing core technologies, as well as training and experience in the use of those concepts for real-world applications.
“Innovations in IoT, which has its roots at MIT, are driving remarkable new technologies and enhancing existing platforms in almost every major industry,” said Bhaskar Pant, executive director of MIT Professional Education. “The IoT revolution delivers enormous opportunity to savvy technical professionals, many of whom are now leveraging the latest research-based professional education programs like ours on IoT, big data and cybersecurity to gain a unique edge on the job.”
The content of this course has relevance to a broad spectrum of industries, and topics covered will be of particular interest to professionals in fields including manufacturing and supply chain, retail, transportation and logistics, energy, agriculture, automotive and telecommunications. Individual modules of the course will explore IoT topics such as RFID, data storage and analysis, security, speech interfaces, smart cities and homes, wearables, location tracking and dozens of additional technologies, applications and architectures.
“MIT is at the forefront of research in the IoT space, ranging from RFID to cloud technologies, from sensors to the World Wide Web,” noted Sanjay Sarma, dean of digital learning for MIT. “The value of IoT for professionals and their respective industries is the ease of collecting, communicating and coordinating the data from all of the connected devices, and leveraging it. MIT experts are deeply involved in a range of applications of IoT in smart cities, home automation and factory automation, working with national governments, large companies and startup companies.”
“The IoT technology has the potential to empower most inanimate objects in our daily lives with extensive sensing, computation and communication capabilities,” said Daniela Rus, course co-director and director of CSAIL. “This will profoundly impact how we live, work and play.”
IoT is delivered globally via the open-sourced online education platform, edX. MIT Professional Education’s Digital Programs provide employees of companies and organizations the ability to undergo training and education in a variety of advanced subjects virtually from anywhere in the world. Upon successful completion of the course, participants will receive an MIT Professional Education Certificate of Completion, Continuing Education Units (CEUs), course materials from all presentations, 90-day personal access to the archived course (includes videos, discussion boards, content and Wiki), a complete course transcript of all course lectures as well as access to MIT Professional Education’s expansive professional alumni network and benefits. The course will be offered at the introductory price of $495.
About MIT Professional Education For 65 years, MIT Professional Education has been providing a gateway to renowned MIT research, knowledge and expertise through advanced education programs designed specifically for working professionals worldwide who are engaged in the fields of technology and technology management. In addition to its Digital Programs, MIT Professional Education offers professionals the capability to take industry-focused one to five-day sessions on-campus through Short Programs, courses abroad through International Programs, enroll in regular MIT academic courses through the Advanced Study Program or attend Custom Programs designed specifically for corporate clients. Participants are drawn from across the U.S. and around the world, with about 50 percent coming from outside the U.S. Upon successful completion of one of a program, participants receive an MIT Professional Education Certificate of Completion and access to MIT Professional Education’s expansive, private professional alumni network, along with other program specific benefits.
New York, NY − January 26, 2016 − CGS, a global provider of business applications, enterprise learning and outsourcing services, announced that Glamorise Foundations, Inc., a designer and manufacturer of bras for full-figured women, selected BlueCherry® Enterprise Resource Processing Suite (ERP) to support its sales expansion, purchasing and sourcing growth, and supply chain processes.
After reflecting on its continued global expansion, Glamorise sought a solution to support the purchasing and sourcing for its expanded selling platform. While considering BlueCherry ERP to support its sales channel growth, Glamorise also discovered the added value the solution could bring to its supply chain processes, offering a single system of support for customer orders, electronic data interchange (EDI) and more. The CGS BlueCherry ERP solution will arm Glamorise with the tools needed to support its continued growth and will create a single system for supply chain and process management.
"When we outgrew our legacy system, we knew we needed a trusted solution to support our global growth," said Jon Pundyk, CEO, Glamorise. "With BlueCherry's market-leading reputation along with its robust and customizable tools, we knew that its ERP solution suite was the best choice to support our purchasing and sourcing functions while also enhancing our supply chain processes with a single solution."
"With extensive retail industry experience, CGS understands the importance of having the right tools and technology in place to effectively grow and support businesses such as Glamorise," said Paul Magel, president, Business Applications and Technology Outsourcing at CGS. "We are excited to welcome Glamorise to our BlueCherry community as the brand expands its purchasing and sourcing sales channels and works to enhance its supply chain and warehouse processes globally."
About Glamorise Glamorise Foundations, founded in 1921, is the world's oldest brand dedicated exclusively to serving full-figured women. Glamorise products are sold world-over and are renowned for exclusive fit technology that provides the best in support and comfort for full-figured women. Glamorise is recognized as the inventor of the sports bra, and Glamorise Sport, the company's sports bra line exclusively for full-figured and full busted women is a best seller world-over.
About CGS For over 30 years, CGS has enabled global enterprises, regional companies and government agencies to drive breakthrough performance through business applications, enterprise learning and outsourcing services. CGS is wholly focused on creating comprehensive solutions that meet clients' complex, multi-dimensional needs and support clients' most fundamental business activities. Headquartered in New York City, CGS has offices across North America, South America, Europe, the Middle East and Asia.
Boulder, CO − January 26, 2016 − Xyleme, the learning content management system for the world's top organizations, will unveil its long-awaited new user interface at Learning Technologies 2016 to be held in Olympia, London February 3-4. Xyleme 5 (or Xy5) is the company's latest innovation, enabling instructional designers and subject-matter experts to build reusable learning content in a simple, intuitive online environment while enjoying the multi-channel publishing and cloud delivery capabilities of the platform.
"Xyleme 5 is more than our new UI," commented Mark Hellinger, CEO of Xyleme. "It's a scalable and secure modern SaaS platform that will revolutionize the way teams create, curate, deliver and measure learning in their complex, global environments. The reality is that every other group besides HR/Learning has had content management. Now there is a platform that integrates seamlessly with the systems that are already in place, the classroom, LMS, CRM, etc. while creating a foundation for new learning apps."
Using a simple, intuitive interface, Xyleme provides content developers a platform that lets them rapidly reuse content and publish responsive eLearning, mobile books and slides, classroom guides for leaders and participants, and more. The delivery cloud is the key to rapid maintenance -- as content changes, it is published to the cloud and participating learning and business systems get the most current content instantly. Xyleme 5 also provides a view of an organization's learning content lifecycle -- from tracking content production to measuring engagement with every asset.
"It's no secret that learning content designers have shied away from LCMS authoring tools in the past, but with Xyleme 5 organizations can expect much greater adoption and a faster return on their investment,” said Leslie Fairnella, vice president of customer success at Xyleme. “Our beta customers have been really pleased by the new user experience."
"Xyleme is the best solution we've found for managing blended learning,” said Jeff Santo, e-learning lead for Allina Health. “With the lowered learning curve, it will be easier to share content among our distributed L&D teams and benefit from reuse on a much broader scale."
About Xyleme Xyleme delivers content management for learning and development. We partner with organizations to transform the way they author, publish, deliver, and analyze learning content to drive business performance. With Xyleme, organizations have everything they need to create a dynamic learning environment -- from rapid single-source content development to anywhere delivery. It's a content management solution that brings increased velocity to the entire learning technology ecosystem and makes learning content a competitive advantage.
Boston, MA – January 27, 2016 − Eduventures, Inc., the leading provider of data, research and advisory services that help higher education institutions support decision making through the entire the student lifecycle announced that they have released their 2016 report on learning management systems. This comprehensive report details a perspective on industry trends by highlighting new offerings and capability that will accelerate adoption within higher education institutions of all sizes and demographics.
Implementing a new LMS is one of the most significant investments an institution of higher education can make, both financially and in terms of human capital. College and university staff are often asked to choose vendors with limited information about their solutions or how they will integrate with existing student management and learning applications. This report will help institutional staff evaluate whether a given LMS vendor is a good fit based on their institution’s specific requirements and unique operating environment.
As more vendors adopt a common set of technologies, institutions can no longer base their purchasing decisions solely on the tools or devices an LMS supports.
According to the author, Jeff Alderson, Principal Analyst at Eduventures, “Institutions should use the findings in this report to inform a comprehensive vendor selection process, not to identify the single ‘best’ LMS. Rather, it presents a well-rounded understanding of the strengths and weaknesses of each major LMS as measured against a specific set of criteria.”
To guide institutions through a more sophisticated evaluation process, Eduventures has defined evaluation criteria to compare technology providers based on their likelihood of reducing the institution’s total cost of ownership while maximizing the potential impact on teaching and learning. The evaluation criteria presented in the report apply broadly to most institutional scenarios. Just as all institutions are unique, some vendors will be a better fit for an institution than others.
About Eduventures Eduventures is the leading research and advisory firm that is focused exclusively on analyzing the forces that are transforming higher education. Building on twenty years of success in working with education leaders, Eduventures provides forward-looking and actionable research based on proprietary market data, and advisory services that support both strategic and operational decision-making. Our recommendations and personalized support enable clients to understand the top traits of leaders in critical disciplines and to evaluate the opportunities presented by new technologies.
RALEIGH, NC – January 28, 2016 – TrainingIndustry.com has announced its Top 20 Leadership Training Companies List, as part of its mission to continually monitor the training marketplace for the best providers of training services and technologies.
View the 2016 Top 20 Leadership Training Companies
Selection to this year's Top 20 Leadership Training Companies List was based on the following criteria:
Thought leadership and influence within the training industry
Industry recognition and innovation
Breadth of programs and range of audiences served
Delivery methods offered
Company size and growth potential
Strength of clients
Experience serving the market
“Each year our Top Leadership Training Companies List generates significant excitement and interest,” said Ken Taylor, president of Training Industry, Inc. “The companies this year represent a range of leadership training programs spanning the traditional, such as teamwork and collaboration workshops, to the emerging, such as millennial leadership development.”
“The leadership training segment continues to be one of the strongest and sought after in the industry,” said Doug Harward, CEO, Training Industry, Inc. “The business needs for leadership skills are changing, and the companies selected this year demonstrate how the training market is adapting to meet these changing development needs.”
View the 2016 Top 20 Leadership Training Companies
Please provide any thoughts or feedback on this list by emailing firstname.lastname@example.org.
About Training Industry, Inc. TrainingIndustry.com spotlights the latest news, articles, case studies and best practices within the training industry, and publishes annual Top 20 and Watch List reports covering many sectors of interest to the corporate training function. Our focus is on helping dedicated businesses and training professionals get the information, insight and tools needed to more effectively manage the business of learning.
Chicago, IL – January 28, 2016 – MicroTek, an industry leader in training room rentals and virtual delivery solutions, is continuing its growth and expansion into the EMEA (Europe, Middle East and Africa) region to meet the increased global demand for their training delivery solutions.
Between 2014 and 2015, MicroTek’s EMEA business grew nearly 20%. This growth is expected to accelerate as global demand for MicroTek’s Next Generation Classroom increases. To accommodate this growth, MicroTek is expanding its European operations with the appointment of Mike Brennan as a dedicated EMEA Business Development Director. Brennan will oversee the continued development of MicroTek’s EMEA client base, specifically in UK, France and Germany and will be focused on expanding use of Next Generation Classroom’s virtual offerings.
“Our customers want flexible solutions that help expand their classrooms and provide hybrid virtual and in-class training options,” said Brennan. “As a dedicated customer resource for the EMEA region, I will be able to accommodate these training needs for our international client base. Clients will be able to implement global learning programs, while still benefitting from the high level of service and accountability that MicroTek provides.”
Additionally, in order to meet the increase in demand for their virtual training solutions, MicroTek is further investing in and expanding the use of their Next Generation Classroom technology.
“Our customers need global learning programs that are consistent throughout the world. The virtual solutions provided by our Next Generation Classroom allows for an unparalleled ability to successfully manage the learning experience and roll out training programs that provide the same quality learning environment for students wherever they are located,” says Hugh McCullen, president, MicroTek.
MicroTek is a leading provider of business training and meeting rooms, virtual training platforms and event management services. With an expansive national and global reach, MicroTek is equipped to manage and execute any sized training program—anywhere in the world. Our Next Generation Classroom suite of services include state-of-the-art business training and meeting facilities, virtual training rooms, virtual learning labs, and digital content management. We offer end-to-end support for large training rollouts including courseware fulfillment, scheduling and instructor deployment. MicroTek was named a Top Training Company for the seventh consecutive year by Trainingindustry.com.
San Francisco, CA – January 28, 2016 − Inkling unveiled its all-in-one enterprise content platform, Inkling for Enterprise, a new way for businesses to reach both internal and external audiences with dynamic, engaging content on mobile devices and PCs. The announcement follows strong overall business growth for Inkling, including a third consecutive year of triple-digit revenue growth. Inkling was included for the second consecutive year on the prestigious Inc. 500 list and San Francisco Business Times' Fast 100 list.
Inkling for Enterprise delivers knowledge at the point of need, powering the authoring, distribution, and analysis of an organization's most mission-critical business documents. Desktop files and applications like PowerPoint® and InDesign® have failed to address the needs of mobile users. Inkling for Enterprise gives businesses a better medium to share knowledge, enabled through Inkdocs™: interactive, living documents that flow gracefully across devices, and can be measured and securely distributed. Inkling's integrated authoring and collaboration environment allows non-technical users to easily create and update Inkdocs. Additionally, Inkdocs are easily searchable, even amid large collections, making it easy to find precisely what you need, when you need it.
Through a year-long beta program, Inkling has expanded its core platform, already used by the world's largest publishers, to enterprises of all kinds. Inkling replaces binders, PDFs, and file-sharing platforms like SharePoint® with an integrated, searchable knowledge repository. Inkdocs can be searched and viewed within Inkling, or embedded into third-party systems including learning management systems like SuccessFactors® and Cornerstone® OnDemand, where they replace traditional SCORM and other media formats.
With the unveiling of Inkling for Enterprise, the company has more than tripled its customer base in the last year to include global brands like Gap Inc., KPMG, Accenture, Roche, and the Carnival Corporation. These customers are using Inkling for Enterprise to improve employee retention and performance, drive customer satisfaction, generate revenue, and engage customers in new ways by embracing the long-overdue shift to mobile in the enterprise.
"Customers and employees of all backgrounds live their lives on phones, but today's enterprises are still emailing customers PDFs or, worse, shipping employees binders," said Inkling founder and CEO, Matt MacInnis. "The desire for change spans every industry: from major accounting firms like KPMG to retail organizations like Gap, Inc., hospitality companies like Princess Cruises, to medical companies like Medtronic. Each is working with Inkling to embrace the new mobile reality and turn a challenge into a competitive advantage."
Backed by its progressive revenue growth, Inkling has opened new offices in Seattle and San Francisco in the last year, and has expanded its east coast team, based in New York. Inkling for Enterprise, as a fully cloud-based product, will evolve to provide purpose-specific solutions for enterprises with large employee and partner bases across retail, foodservice, hospitality and travel, automotive, insurance and healthcare sectors.
About Inkling Inkling is the world's first all-in-one enterprise content platform. We help companies improve performance by better connecting their employees, partners, and customers with the knowledge they need. Unlike file-based content platforms, which merely sync files, Inkling integrates the entire communication chain into a single platform: secure distribution, easy content creation, and robust analytics. The result is beautiful, interactive documents that work across all devices. Based in San Francisco, Inkling is backed by Sequoia Capital, and partners with some of the world's biggest brands. Inkling also powers the digital content production of the world's largest publishers, including McGraw-Hill and Pearson.
Chesterfield, MO – January 28, 2016 − BizLibrary added 30+ new interactive videos to The BizLibrary Collection, its award-winning content library. These interactive videos represent two PMI® certification project management training bundles. Green Belt Training and Planning for Success each include 17 interactive video lessons.
These short, interactive videos are a unique addition to The BizLibrary Collection, and include new features to enhance the end user’s learning experience. Among the interactive features are polls, surveys, quizzes, and opportunities for reflection. Users will be able to listen or read along with synchronized transcripts, and learn from skilled teachers and subject matter experts. Closed captioning is also available for learners or environments where audio is not reasonable.
This content release is part of the 800+ new interactive videos from BizLibrary’s recent acquisition of AKLearning. Among the key content areas are customer service, human resources, general safety, leadership, management and project management.
“We are excited to announce the release of our first set of interactive videos, which represents an important new format to further improve the learning experience,” said Debbie Williams, vice president of content development. “Our plan is to release the content only after careful review, to ensure that each interactive video meets the current quality standards we apply to The BizLibrary Collection. We are currently reviewing all of the content acquired from AK Learning and look forward to our next release. Over the next few months, clients may expect new interactive video releases on a monthly basis.”
BizLibrary is a leading provider of online employee training and e-learning solutions. The BizLibrary Collection is our award-winning content collection, and contains thousands of online videos and e-learning courses covering every business training topic, including: business skills (including soft skills), leadership and management, sales and customer service, HR compliance training, IT, software, industry specific content, workplace safety and more.
The BizLibrary Collection can be accessed online through BizLibrary's Learning Management System (LMS) or through any third-party LMS. Technology solutions include: BizLibrary’s Learning Portal, Content Management System, LMS, and BizLibrary Mobile App to help clients improve and manage employee learning across the entire organization.
Santa Monica, CA – February 1, 2016 − Cornerstone OnDemand, a global leader in cloud-based talent management software solutions, announced that it has been named one of the 2016 10 Best Large Workplaces in Technology, according to Fortune Magazine. Cornerstone ranked No. 6 on the list, a rating based on assessments of workplace camaraderie, career development, financial and non-financial rewards, and the strength of Cornerstone’s leadership team.
Cornerstone was selected out of 155 other participating companies in the technology sector and is the only Los Angeles-based company featured on Fortune’s 30 Best Workplaces in Technology list of small, medium and large organizations.
“We’re extremely proud to be recognized by our Cornerstone team and Fortune Magazine as one of Fortune’s Best Workplaces in Technology, as well as the first Los Angeles-based company to make the list,” said Adam Miller, founder and CEO of Cornerstone OnDemand. “Our unique culture has played an essential role in the company’s success, and this is due in large part to the continued engagement, collaboration and contributions of our amazing employees.”
Fortune Magazine partnered with global research and consulting firm Great Place to Work and performed evaluations of over 48,000 randomly selected employees who anonymously answered 58 questions about how frequently they experience the behaviors that create a great workplace. Companies achieving the highest overall results in their size categories were ranked based on this data.
Cornerstone was founded in 1999 with the belief that a lifetime of learning and development is fundamental to growth – both for the employee and the organization. The company’s mission is to help organizations realize the potential of their people, and for Cornerstone, this mission starts at home – ensuring that each of the company’s “Cornerstars” has the opportunity and the means to achieve their best possible performance and career goals while having fun with the team.
“The perks and benefits the best tech companies are known for are just what outsiders looking in get dazzled by,” said Chinwe Onyeagoro, a business strategy expert and EVP of U.S. Consulting at Great Place to Work. “This can be a false positive of sorts. These companies are great, because they invest in trust. They stand on trust. They use trust as a competitive differentiator. They know that to be great you have to invest in better relationships -- not in more things. Simply investing in this will not create a Great Place to Work.”
With this ranking, Cornerstone becomes the first technology company with headquarters in Los Angeles to break in to the Best Workplaces in Technology list. Cornerstone has received other notable awards for its outstanding culture and collaborative workplace environment in the past 12 months. The Los Angeles Business Journal named Cornerstone a 2015 “Best Places to Work in Los Angeles,” and Outside Magazine ranked Cornerstone on the publication’s list of “The 100 Best Places to Work in 2015.”
About Cornerstone OnDemand
Cornerstone OnDemand (NASDAQ: CSOD) is a global leader in cloud-based learning and talent management software. The company is pioneering solutions to help organizations realize the potential of a modern workforce. From recruitment, onboarding, training and collaboration, to performance management, compensation, succession planning and analytics, Cornerstone is designed to enable a lifetime of learning and development that is fundamental to the growth of employees and organizations.
Based in Santa Monica, California, the company’s solutions are used by more than 2,400 clients worldwide, spanning 22.2 million users across 191 countries and 42 languages.