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- 07/26/16--04:49: _Cognizant Helps Pet...
- 07/27/16--02:01: _Oman Oil Refineries...
- 07/27/16--07:21: _360trainingcom Laun...
- 07/28/16--01:31: _Avnet Enhances Solu...
- 07/28/16--02:06: _EverFi Raises 40 Mi...
- 07/29/16--02:07: _Learning Management...
- 07/29/16--02:42: _More Than 100000 Ac...
- 08/01/16--02:50: _Ingram Micro Expand...
- 08/02/16--03:00: _Scott Deming Announ...
- 08/02/16--03:19: _CIBAFI Continues to...
- 08/03/16--02:54: _Nitrospark Signs Fi...
- 08/05/16--02:27: _G-Cube Wins The Pre...
- 08/08/16--03:09: _U.S. Expansion Cont...
- 08/09/16--02:52: _BizLibrary Adds 200...
- 08/11/16--01:16: _53 of UK Pokemon Go...
- 08/11/16--01:33: _WBT Systems Enhance...
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- 08/12/16--03:15: _MicroTeks WorldClas...
- 08/15/16--03:30: _TrainingIndustry.co...
- 07/28/16--02:06: EverFi Raises 40 Million in Funding from Major Technology Leaders
- 07/29/16--02:07: Learning Management System LMS Market Worth 1572 Billion USD by 2021
- 08/11/16--01:16: 53 of UK Pokemon Go Gamers Play at Work
Teaneck, NJ – July 26, 2016 − Cognizant announced that it has been selected by PetSmart, Inc., the largest specialty pet retailer in North America, to help it gain deeper customer insight and provide an improved omni-channel brand and shopping experience across its brick and mortar, online and mobile sales channels.
PetSmart's Customer Data Foundation (CDF) initiative will utilize master and analytics-driven demographic, behavioral, interactional and transactional data to create custom profiles of pets and "pet parents" who visit PetSmart at its stores, online and through its mobile app. This digital initiative centers on building an integrated, single view of customers and their pets to enhance PetSmart's ability to provide its customers more consistent and relevant products and services, an improved brand experience and more personalized communications and engagement.
Using Cognizant's MDM-in-a-box™ solution with pre-built, industry-specific data models and other features, Cognizant will empower PetSmart with better decision making by integrating operational store, campaign and other data to provide a single view of the entire data landscape. These insights will help PetSmart enhance customer experience across a range of areas, including product and service innovation, store design, as well as customer communications, engagement and loyalty. Over the longer term, PetSmart expects to provide more of this information directly to in-store associates to enhance customer interactions, while also enabling a digital ecosystem focused on pets and their well-being.
"Our work with Cognizant is key to PetSmart's strategy to become a more customer-focused and data-driven enterprise. We want to improve our pet parents' brand and shopping experience with us across any channel they choose, including newer digital channels that are becoming the first choice for customers today," said Brent Cooke, Vice President, CRM, Consumer Insights and Loyalty at PetSmart. "By investing in innovative core technology, we are able to better listen to, and gain a more comprehensive understanding of our pet parents and their pets to expertly serve their needs and provide the convenience they seek."
"PetSmart's customers are drawn from a variety of sources, and with varying buying patterns, making it challenging to have a complete view of the diverse needs and desires of its customers," said Karthik Krishnamurthy, global head of Cognizant's analytics and information management practice. "PetSmart is transforming its business by building out digital and analytics capabilities that enable customers to enjoy a superior omni-channel experience. Our MDM-in-a-box solution will allow PetSmart to rapidly and easily connect the data points within the network of products and services and buying channels. It is also their objective to create the first CDF program in the retail industry that provides a comprehensive view of pets to offer another level of depth to PetSmart's understanding of its target consumers."
About PetSmart® PetSmart, Inc. is the largest specialty pet retailer of services and solutions for the lifetime needs of pets. At PetSmart, we love pets, and we believe pets make us better people. Every day with every connection, PetSmart's passionate associates help bring pet parents closer to their pets so they can live more fulfilled lives. This mission impacts everything we do for our customers, the way we support our associates, and how we give back to our communities. We employ approximately 53,000 associates, operate 1,466 pet stores in the United States, Canada and Puerto Rico and 203 in-store PetSmart® PetsHotel® dog and cat boarding facilities. PetSmart provides a broad range of competitively priced pet food and pet products and offers dog training, pet grooming, pet boarding, PetSmart Doggie Day Camp day care services and pet adoption services in-store. Our portfolio of digital resources for pet parents – including PetSmart.com, PetFoodDirect.com, Pet360.com and petMD.com – offers the most comprehensive online pet supplies and pet care information in the U.S. Through our in-store pet adoption partnership with independent nonprofit organizations, PetSmart Charities® and PetSmart Charities™ of Canada, PetSmart helps to save the lives of more than 500,000 homeless pets each year. In addition, PetSmart supports organizations that make communities a better place to call home through our philanthropy program, PetSmart Gives Back™. By giving back to the communities where we live and work, PetSmart not only celebrates the power of pets to enrich people's lives—we live it.
About Cognizant Cognizant is a leading provider of information technology, consulting, and business process services, dedicated to helping the world's leading companies build stronger businesses. Headquartered in Teaneck, New Jersey (U.S.), Cognizant combines a passion for client satisfaction, technology innovation, deep industry and business process expertise, and a global, collaborative workforce that embodies the future of work. With over 100 development and delivery centers worldwide and approximately 233,000 employees as of March 31, 2016, Cognizant is a member of the NASDAQ-100, the S&P 500, the Forbes Global 2000, and the Fortune 500 and is ranked among the top performing and fastest growing companies in the world.
Abu Dhabi, UAE − July 2016− GP Strategies kicked-off a major new Talent Development Program with Oman Oil Refineries and Petroleum Industries Company (Orpic) on July 26. The program, managed through Abu Dhabi University Knowledge Group (ADUKG) as GP Strategies’ exclusive MENA partner, is the company’s first in Oman. It will see the firm work alongside Orpic to develop leadership and management skills to prepare high-potential employees for senior leadership roles.
This unique program has been created by GP Strategies’ team of program designers to closely align with Orpic’s vision, and will be delivered by a team of highly-experienced facilitators. The program will initially see two groups of 20 Omani participants each undertake a bespoke, internationally-benchmarked course that will lead to a GP Strategies certification, alongside an accredited award from the UK’s Chartered Management Institute (CMI).
Participants will engage with a customised series of modules focused on aspects such as “The Foundations of Leadership” and “Managing Performance.” They will develop skills in areas such as communication, coaching and strategy, and will consider their personal leadership style through a unique blend of training approaches. Modules are closely mapped to the renowned “Leading People+” program, an approach that has been proven with hundreds of global companies.
“We are delighted to be working with Orpic on this crucial project. As one of Oman’s most high-profile and important businesses, it is a great responsibility to contribute our leadership development expertise to help grow their next generation of Omani talent. We look forward to working with them over the long-term and demonstrating the exceptional outcomes of our proven methodology and approach,” said Dr. Ahmad Badr, CEO of ADUKG.
“Orpic believes in bringing the potential of its people alive in order to ensure that their skills and abilities are further enhanced to meet the company’s standards," said Ali Al Mahruqi, Training Centre Manager – Orpic. "We firmly believe that through this program we can nurture and develop future leaders who will spearhead Oman’s progress and success."
“Orpic is currently undergoing transformation with three strategic growth projects (Sohar Refinery Improvement Project, Muscat Sohar Product Pipeline, Liwa Plastics Industries Complex) which will enable not just more opportunities but will firmly place Orpic as a leading player in the global refining and petrochemicals sector. It will also help attract, retain and develop local talent,” Al Mahruqi concluded.
The initial project kick-off at Orpic’s Sohar office provided participants with an overview of what to expect from this cutting-edge program, as well as setting initial pre-program work and a leadership skills assessment. The two initial groups will now begin the program in the next few weeks – the first on July 31, and the second on August 7 - with courses running until the end of September. Further groups of participants will be starting the program throughout the rest of 2016.
Austin, TX − July 27, 2016 − 360training.com announced it has launched a new Workforce Compliance and Safety Training e-learning subscription library.
Setting a new standard for the industry, the subscription was developed for safety conscience employers in mind, designed to assist HR, safety and compliance professionals simplify the delivery and administration of safety training and compliance within the workplace.
The all-encompassing subscription offering provides extensive and unlimited access to over 228 on-demand course titles across multiple disciplines including:
• OSHA General Industry Safety • OSHA Construction Safety • Environmental Health • Ethics & Compliance • Safety Communication • Active Shooter Training • Hazardous Materials • Power Equipment Operation • Preventing Sexual Harassment
"We live in an era of Netflix and Spotify content distribution models and consumers expect instant and limitless access to digital content,” said Ed Sattar, CEO of 360training.com. “The e-learning industry is no different and 360training.com is fulfilling market demands by creating unlimited subscription-based experiences for our focused content libraries across multiple industries.”
Unlimited access subscriptions are available for individual and multi-user purchase directly on 360training.com or available via site licensing models for eligible organizations. Courses can be deployed via 360training.com's free LMS platform or integrated to an organization's existing LMS of record.
360training.com is a leading online and classroom-delivered e-learning marketplace, delivering best in class training content for workforce compliance, continuing education, professional development, and career certification, as well as learning and content management software. Since 1999, our course libraries have grown to include more than 15 industries and 6,000 individual titles. Over 3 million learners and thousands of corporations, training providers, trade associations and colleges rely on 360training.com to meet their ongoing workforce compliance training, career certification and professional development needs.
Phoenix, AZ – July 28, 2016 − Avnet, Inc., a leading global technology distributor, unveiled a solutions specialist approach worldwide to accelerate growth in software-driven technologies. Avnet has dedicated more than 450 solutions specialists to empower the channel to capitalize on cloud, cognitive computing, data analytics, the internet of things (IOT), mobility, security and enterprise networking.
Avnet has a proven track record through its core data center business that specialization differentiates partners from their competitors and drives profitable growth. Through the creation of new specialist business units, Avnet builds on the success it and its channel ecosystem have already achieved, from vertical market solutions practices in the Americas, to the Security and Networking Solutions business in EMEA, to cloud solutions around the world. "Avnet is directing significant energy, resources and investments toward the technologies that will define the future," said Patrick Zammit, global president for Avnet Technology Solutions. "I believe the best way to do this is through a more specialized approach. We are evolving into a solutions specialist to ensure that Avnet, along with our suppliers and partners, continues to meet our customers' needs in a rapidly changing market. It will allow us to capitalize on next-generation technologies while optimizing our support for data center technologies, whether legacy or new."
The specialist business units are: -- Data Center Solutions -- Cloud Solutions -- Security and Enterprise Networking Solutions -- Data Analytics, Cognitive Computing and IOT Solutions -- Mobility Solutions Additionally, in EMEA and the Americas a sixth specialist business unit, Education Services, focuses on flexible training solutions with a portfolio of offerings across Avnet suppliers.
The specialist business units are similar in structure globally; however, they are led regionally to accelerate execution and align with local partner needs related to Avnet's portfolio and technical capabilities. As part of the new solutions specialist approach, Avnet provides its business partners with dedicated expertise whether the partner is focused on a single technology or requires solutions comprising multiple technologies. Those in Avnet's channel ecosystem can expect to see more proprietary tools, services and solutions around the next-generation technologies, such as the Avnet Cloud Marketplace and Avnet's innovative IOT collaborations. "Today's customers expect their partners to understand business outcomes and the software, services and hardware needed to deliver results,” said Zammit. “Our solutions specialist approach empowers Avnet's partners with the dedicated resources, sales support and technical expertise needed to transform their business while driving long-term success for themselves and their customers. It also builds upon our ability to create brand preference, accelerate adoption and grow market share for technology vendors. The solutions specialist approach gives our partners and suppliers the best of both worlds: a business solutions mindset coupled with deep technical expertise in the data center and next-generation technologies." To enhance its ability to provide complete solutions that solve business challenges, Avnet will also strategically expand its channel ecosystem to include new customers and technology vendors. About Avnet From components to cloud and design to disposal, Avnet, Inc. (NYSE: AVT) accelerates the success of customers who build, sell and use technology globally by providing them with a comprehensive portfolio of innovative products, services and solutions. Avnet is a Fortune 500 company with revenues of $27.9 billion for the fiscal year 2015.
Washington, DC – July 28, 2016 − EverFi, Inc., the software leader in critical skills learning, announced $40 million in new funding. The round was led by current investors Bezos Expeditions (an investment arm of Amazon founder and CEO Jeff Bezos), New Enterprise Associates, Tomorrow Ventures (an investment arm of Google Executive Chairman Eric Schmidt), and Rethink Education. Advance Publications, Rethink Impact, and Silicon Valley Bank are new investors and join a group that includes Allen and Company and Warhorse.
Founded in 2008 and fueled by its Software-as-a-Service (SaaS) subscription model, EverFi has certified over 14 million learners in critical skill areas that life and work demand. EverFi’s subscription-based network includes one of the most diverse customer groups in the technology industry with over 3,300 financial institutions, technology companies, sports leagues, foundations, and higher education institutions. Together with these partners, EverFi powers proven digital learning for adults, college students, and K-12 students in 90 of the 100 largest K-12 school districts across North America.
EverFi recently announced the acquisition of compliance education leader LawRoom, which grows EverFi’s higher education customer count to 1,300 institutions and also adds over 1,500 enterprise compliance customers.
“EverFi has created one of the most powerful and innovative models in the education space,” said Tom Davidson, founder and CEO of EverFi. “Our goal is to be the learning engine of every major corporation, university, and school district around these critical topic areas.”
EverFi’s proprietary learning platform Foundry delivers immersive digital learning experiences and assesses learners’ knowledge and attitudes on important skills, including financial education, STEM career readiness, entrepreneurship, alcohol responsibility, sexual assault prevention, social and emotional learning, and employee compliance. Foundry’s powerful data engine tracks learner knowledge and behavior change – providing customers with valuable impact data to drive business decisions and achieve compliance goals.
“With its proprietary learning platform, incredibly diverse and growing customer base, wide learner reach, and highly profitable financial model, EverFi has become a major player in the education industry,” said Michael Walden, a partner at Rethink Education. “We’re very excited to be a part of EverFi’s continued growth.”
About EverFi, Inc.
EverFi, Inc. is the education technology innovator that empowers K-12, higher education, and adult learners with the skills needed to be successful in life and work through its comprehensive critical skills platform focused on Financial Education, Digital Citizenship, STEM Career Readiness, Diversity and Inclusion, Entrepreneurship, Character Education, and Health and Wellness. The EverFi Education Network is powered by over 3,300 partner organizations across all 50 states and Canada and annually reaches over 6 million learners.
Pune, India − July 29, 2016 − According to a new market research report, "Learning Management System Market by Application, Delivery Mode (Distance Learning and Instructor-Led Training), Deployment (On-Premises and Cloud), User Type (Academic and Corporate), Vertical, and Region - Global Forecast to 2021," published by MarketsandMarkets, the LMS market size is expected to grow from USD 5.22 billion in 2016 to USD 15.72 billion by 2021, at a CAGR of 24.7 percent.
Increasing adoption of digital learning among corporate organizations and academic institutes and Bring Your Own Device (BYOD) trend are some of the major driving factors for the LMS market. Furthermore, the market is expected to be driven by opportunities, such as the growing usage of wearable eLearning devices and emerging technologies, such as gamification and virtual reality.
Learner management is expected to be the largest contributor in the global learning management system market during the forecast period
In the learning management system market, the increasing need to keep a track of the learner's usage of training materials, manage course access of learners, create reports, manage course properties, and for various other tasks, the learner management application is expected to contribute the highest to the overall revenue generation of the market during the forecast period.
The telecom and IT industry vertical is expected to show significant growth rate in terms of adoption of learning management system
IT and telecom sector has greater need to train employees as this industry faces rapid technology changes than any other sector and companies have to sustain the competition. The IT and telecom sector is among the most complex industries and usually has global operational presence. This has necessitated the usage of LMS in all parts of this industry.
Asia-Pacific (APAC) is expected to witness the significant growth rate during the forecast period owing to demand for cost effective and improved learning experience
APAC organizations are increasingly opting for LMS to gain better returns on investments made on talent development, employee learning requirements, proper employee training, and receiving quantifiable business outcomes. As many organizations have tight learning budgets, they prefer a technology-enabled learning approach, which is also a cost effective way to offer training and resources to their learners. This enables high growth opportunities in this region.
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
New York, NY – July 29, 2016 − Accenture recently achieved a significant milestone by providing more than 100,000 employees globally with a world-class technology education developed through a 10-year collaboration with MIT Professional Education, the professional education arm of the Massachusetts Institute of Technology. Established in 2006, the Accenture Technology Academy (ATA) was created to equip employees with the skills needed to deliver leading technology services for clients, and to date, Accenture employees around the world have received more than 16 million hours of MIT education through the program.
“The Accenture Technology Academy has been a cornerstone of our enduring relationship with MIT over the past decade,” said Bhaskar Ghosh, group chief executive, Accenture Technology Services. “Accenture is committed to investing in our people, and our relationship with MIT enables us to educate and grow our talent so we can differentiate ourselves. Our mission is to help our clients achieve business outcomes through new liquid strategies, and our focus is on new IT such as digital, cloud and security. We’re also expanding our capabilities to innovate in fast-growing areas like block chain and artificial intelligence.”
Over the past decade, Accenture invested in the Accenture Technology Academy to provide employees with access to MIT research, knowledge and expertise through advanced training programs. Drawing on the expertise of MIT faculty, the ATA is designed to arm employees with advanced professional and technology strategies, approaches and skills; it is comprised of two distinct components:
A certification program – Four different certifications have been available to employees over the past 10 years: application developer, designer, tester and test designer. Accenture is preparing to launch 10 new certificate programs in several areas including: agile, artificial intelligence, cloud, data science, design thinking, DevOps, Internet of Things, mobile, security, and web essentials. When in-person training sessions aren’t possible, the sessions can be conducted via Accenture Connected Learning classrooms in 72 locations around the globe.
Lectures and online videos, podcasts, and learning boards – Each person in Accenture’s global workforce has an opportunity to learn from MIT faculty through in-person lectures and online videos, podcasts, and learning boards. Many new online training courses are now available on a variety of topics including: artificial intelligence, micro-services and DevOps, security, next-generation cloud, and the Internet of Things.
“We at MIT Professional Education are proud to have facilitated quality training of tens of thousands of Accenture practitioners in the area of information technology over the last 10 years,” said Bhaskar Pant, executive director of MIT Professional Education. “Our expert faculty have provided research-based, cutting-edge knowledge to Accenture employees, deploying traditional to the most modern education dissemination methods. We enthusiastically look forward to the next decade of growing our relationship with Accenture through the development of new certificate programs covering emerging and transformation-enabling areas such as artificial intelligence, data science, mobility and security.”
“Accenture’s 10-year relationship with MIT began with the Accenture Technology Academy and grew to encompass additional valuable programs that involve research, thought leadership, and the development of innovative business concepts for our clients,” said Sanjeev Vohra, managing director and business sponsor for MIT, Accenture Technology Services. “Today, as we collaborate with several entities across MIT, we are steadfastly focused on learning, research and recruiting to spur innovation for both organizations, providing our employees with valuable opportunities, and delivering better business outcomes for our clients.”
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 more than 375,000 people serving clients in more than 120 countries, Accenture drives innovation to improve the way the world works and lives.
Irvine, CA – August 1, 2016 − Ingram Micro Inc. is now an authorized global training partner for Acronis, a global leader in hybrid cloud data protection solutions for physical, virtual and cloud environments.
The news follows a series of 2016 Ingram Micro and Acronis announcements, including a new relationship with Aptec, an Ingram Micro company and one of the largest technology distributors in the META region (Middle East, Turkey, and Africa), and the extended availability of Acronis' cloud data protection solutions to four additional Ingram Micro Cloud Marketplaces across the Asia Pacific region.
"The global relationship between Ingram Micro and Acronis continues to build and the success we're seeing within existing partners demonstrates Ingram Micro's commitment to partner education and business expansion," said John Zanni, CMO, Acronis. "Together with Ingram Micro Training, we are empowering channel partners worldwide with the expertise, experience and enablement needed to properly market, sell and support hybrid cloud data protection solutions in any environment."
As part of the expanded relationship, Ingram Micro Training offers the full portfolio of Acronis's hybrid cloud data protection technical training and certification enablement classes. Available in more than 60 countries, the Acronis courses and curriculum offered by Ingram Micro Training cater exclusively to the business needs of channel partners and their customers.
"Empowering channel partners with the proper training and talent to bring Acronis' solutions to market faster and more profitably is a shared priority for Ingram Micro and Acronis," said Greg Richey, director, Ingram Micro Professional and Training Services. "Having the ability to properly assess, scope, deploy, manage and support a customer's environment is critical to the success of any managed service provider or IT services professional. With the help of Ingram Micro Training, Acronis channel partners have the additional training, education, expertise and field support needed to add more value, speed the sales cycle and deliver exceptional customer care to customers near and far."
In addition to expanding its relationship with Acronis, Ingram Micro recently announced a renewed contract with IBM to continue serving as an IBM Global Training Provider. Ingram Micro Training is also a preferred training partner for many other vendors including Cisco, Citrix, Dell, Hewlett Packard Enterprise, Juniper Networks and VMware.
About Ingram Micro Ingram Micro helps businesses Realize the Promise of Technology™. It delivers a full spectrum of global technology and supply chain services to businesses around the world. Deep expertise in technology solutions, mobility, cloud, and supply chain solutions enables its business partners to operate efficiently and successfully in the markets they serve. Unrivaled agility, deep market insights and the trust and dependability that come from decades of proven relationships, set Ingram Micro apart and ahead.
About Acronis Acronis sets the standard for New Generation Data Protection through its backup, disaster recovery, and secure access solutions. Powered by the AnyData Engine and set apart by its image technology, Acronis delivers easy, complete and safe backups of all files, applications and OS across any environment -- virtual, physical, cloud and mobile.
Syracuse, NY – August 2, 2016 − Scott Deming has signed a contract with PricewaterhouseCoopers to offer consultation services for the company, as well as to produce video trainings for over 1,300 members of their support staff across the country. This corporate training program will reinforce Scott Deming's business-motivation message for the PricewaterhouseCoopers staff.
After a May 2016 presentation, Bill Stead, administrative support leader at PricewaterhouseCoopers, approached Scott Deming to discuss how his transformative ideas could be impressed upon the employees, and after a few months of review, Scott Deming and Stead agreed to the online video training contract.
Over the course of the past ten years, Scott Deming has spoken several times for PricewaterhouseCoopers, a network of professional services firms headquartered in London. This new online video training series is designed to expand upon the ideas he has taught in the past, providing additional detail and reinforcing his message to the staff. The video training will keep Scott Deming's ideas on customer experience and emotional branding fresh and continuous for the administrative support concierge staff. Scott Deming will produce and present a new video every other month.
"It means so much to me that the leadership team at PricewaterhouseCoopers finds my work both helpful and motivational for their staff," said Scott Deming. "Through this custom program, I believe I can connect to each staff member in a more individualized way, bringing what I know about emotional branding home to them. My goal is never fluffy motivation, which only lasts the length of a conference or a workshop, but the kind of motivation that inspires real change, which is what this program is designed to accomplish."
Scott Deming is a corporate motivational speaker who presents keynote addresses, seminars, training workshops and business consulting services. With thirty years of experience in the business world, Scott Deming designs programs to provide concrete business advice for workers and companies as well as the motivation and tools to make a change in their professional lives.
Manama Kingdom, Bahrain – August 2, 2016 − The General Council for Islamic Banks and Financial Institutions (CIBAFI), the global umbrella of Islamic financial institutions continues to propel Islamic financial industry with its professional development initiatives.
As a strong proponent of ethical and responsible finance, Islamic banking and finance industry has seen a steady growth in its popularity and has expanded in many countries around the globe. Seen as an alternative to conventional finance in many jurisdictions, the industry has shown a remarkable annual growth rate in the last decade. To fuel this growth and sustain the development of the industry, there is an ever growing demand for trained human capital that are equipped with knowledge and expertise in order to meet the markets needs and take the industry to the next level.
Both aspiring and existing professionals for the Islamic finance field are expected to possess financial knowledge, which is coupled with know-how on Shariah principles, standards, guidelines and best practices that are established by governing, regulatory and standard setting bodies, etc. With this in mind, human resources have emerged as a significant concern in a number of areas of Islamic banking and finance industry.
This has been resonated clearly in the Global Islamic Bankers' Survey (GIBS) report published by CIBAFI in November 2015, with 83 heads of Islamic financial institutions voicing their main priorities on human resources and talent development, among others. The survey revealed that Islamic financial institutions face peculiar challenges in developing staff and other human capacity that is sufficiently qualified in leading practices of banking and finance, while at the same time proficient in the specific products and operational needs of the industry.
In response to these industry needs, as well as part of its Strategic Objective 4 - Professional Development, CIBAFI is conducting a range of Professional Development programs that are targeted towards equipping different levels of financial experts within and outside of the global Islamic financial industry.
CIBAFI's Professional Development initiatives broadly offer three main areas of training and development:
Executive Programs: Executive programs are offered by CIBAFI on its own or in partnership with world top business schools. EP's are meant to equip the C-suite level executives and provide a strategic perspective on the key issues facing the Islamic finance sector. Eminent experts from the industry share their insights and discuss breakthrough ideas and strategies that help executives tread the future course of the industry. The program offers an opportunity to benchmark and improve leading practices among the top industry leadership, and keep them abreast with real challenges and opportunities the industry offers.
Technical Workshops: These programs introduce and discuss key concepts and principles of some of the important areas in finance for professionals who work for Islamic financial institutions. The programs benefit the middle level personnel with the required technical know-how, while enhancing their skills and knowledge that would enable them to perform better and improve their technical effectiveness in their institutions. Technical Workshops cover various practical learning experiences, which include mechanisms and processes in areas such as products development, liquidity management, Islamic banking services, Islamic capital markets and others.
Professional Certifications: CIBAFI professional certifications cover wide range of topics and levels of programs. These include professional Certification courses, Professional Diplomas and Professional Executive Masters in Islamic finance. The programs cater to enhance knowledge in relevant areas of the industry, which include Capital Markets, Trade Finance, Takaful, Shariah Auditing, Accounting, Governance & Compliance, Risk Management etc. CIBAFI also conducts customized in-house trainings for banking and financial institutions.
All CIBAFI Professional Development Programs are accredited by its Accreditation Board (AcB), consisting of members from Islamic Economics Institute - King Abdulaziz University, International Shari'ah Reserch Academy (ISRA), Saleh Kamel Centre for Islamic Economy (Azhar University), Islamic Research and Training Institute (IRTI), Fiqh Academy and the Institute of Banking Studies, Jordan.
Professional Certification programs run in more than 15 countries via CIBAFI 27 certified agents. Close to 500 professionals have been trained during 25 training sessions in the first half of 2016 from Bahrain, United Arab Emirates, Saudi Arabia, Jordan, Syria, Palestine, Turkey, Egypt, Sudan, Libya, Tunisia, Morocco, Mauritania, Spain and the United Kingdom. So far, more than 60 Institutions have benefited from CIBAFI professional development initiatives, which include Islamic banks, Takaful companies, investment companies, financial regulators, institutions of higher learnings.
In continuation of its professional development activities CIBAFI is gearing up for its next leg of Technical workshops and Executive programs in the coming months which will be announced soon.
As revealed in the GIBS 2015 report, human resources and talent development remains the third top industry concerns globally, where CIBAFI continues to address these major industry challenges in its role as a catalyst in developing the Islamic financial industry and scripting its success in the larger financial ecosystem.
About the General Council for Islamic Banks and Financial Institutions (CIBAFI)
CIBAFI is an international organization established in 2001 and Headquartered in the Kingdom of Bahrain. CIBAFI is affiliated with the Organization of Islamic Cooperation (OIC). CIBAFI represents the Islamic financial services industry globally, defending and promoting its role, consolidating co-operation among its members, and with other institutions with similar interests and objectives. With over 120 members from over 30 jurisdictions, representing market players, international intergovernmental organizations and professional firms, and industry associations.
London and Dundee, UK – August 3, 2016 − Nitrospark, leading creator of games-based learning solutions, has signed a partnership agreement with Al Rabban Capital, enabling the companies to collaborate on learning projects in Qatar – extending Nitrospark’s reach into the Middle East.
Al Rabban Capital, a leading provider of professional services to organizations in Qatar, has become Nitrospark’s first international partner. The agreement means that the two companies will work together to market and deliver games-based learning programs to organizations in Qatar.
Qatar is a rapidly developing, leading economic hub in the Middle East – and Al Rabban Capital wants to bring Nitrospark’s unique and effective games-based learning to the region. “To say that this would be an exciting opportunity would be an understatement,” said Jim Piggot, chief executive at Nitrospark. “Al Rabban Capital is an ideal fit for Nitrospark, and together I believe that we can deliver games-based learning programs which not only boost skills in Qatar but also underpin further economic growth.”
Nitrospark’s games-based learning software provides a complete, feature-rich platform for organizations wanting to create and deploy games-based learning programs. Nitrospark has delivered games-based learning to some of world’s best-known brands, including BP, Castrol, Informa, NCR and the Medical School at Dundee University.
“Skills development is not only critical for Qatari economic success, it is also a pillar of the 2030 Qatar National Vision," said Ronnie Anderson, business development director of Al Rabban Capital. "We are excited to be working with Nitrospark – they bring to Qatar, and our clients, a learning experience that is as powerful as it is cost-effective. This partnership demonstrates Al Rabban’s commitment to bringing world-class business support services to the region.”
Nitrospark’s games-based learning software includes Nitroworld, Nitroplay and Nitrogen. Nitroworld is a powerful, immersive 3D avatar-based virtual environment, capable of hosting not only e-learning programs but almost any kind of virtual event or simulation. Nitroplay, the company’s 2D/3D games-based learning software, transforms dull learning into something that’s far more challenging – and fun. Nitrospark’s games-management system (GMS) comprises Nitrogen – ‘content management’ for games-based learning, enabling learning content to be easily edited, without the need for technical skills – and Nitropanel – a powerful, customisable control panel which presents learners with content that’s assigned to them – including games, status and achievements, scores, leaderboards, social interaction and media from other sources.
Nitrospark is a specialist creator of 2D/3D games-based learning and 3D training simulations. Nitrospark has spent over a decade perfecting its sophisticated games-based learning technology – the Nitroworld 3D simulations environment and Nitroplay games engine – which deliver everything organizations need to create, deploy and manage engaging, immersive, entertaining and highly effective learning programs. With offices in London and Dundee, Scotland, Nitrospark services organizations around the UK – and beyond. Nitrospark’s purpose-built technology transforms the economics of games-based learning and simulations – removing the price barrier and opening up today’s most exciting form of learning to organizations of almost all sizes.
Noida, India – August 5, 2016 − G-Cube Solutions, for the fourth consecutive year, has been awarded the APEX 2016 Award of Excellence in the category of Electronic Media – Multimedia.
G-Cube showcased a video-based solution created for Aditya Birla Finance Limited (ABFL), one of India's most reputed non-banking financial companies (NBFC). ABFL has 15,000 committed employees and 200,000 channel partners, with more joining every year. They wanted an exciting and effective training program that would reach out to new recruits all over India. G-Cube created an innovative technology-aided training program for them, which aimed at reaching out to learners in an interactive manner. Moving away from a traditional instructor-led classroom approach, the training was infused with animation, audio, and video, which enabled the learner to retain information in a self-paced manner. A series of short videos was created for five organizational values, with images and scenarios that paint a familiar picture to the learners. Each video is not more than two minutes long and harnesses the learners' interest from the word 'go.’
“As e-learning developers, it is our continuous endeavor to find newer and better ways of harnessing learner engagement,” said Manish Gupta, CEO of G-Cube. “We are proud to receive the prestigious Apex Awards in the 'Multimedia for Learning' category.
The ABFL onboarding solution is an innovative step to utilize the power of videos in learning – developed in a way that is as cost-effective, as it is impactful. We hope to continue on our tryst for innovation within available budgets and create learning success for all."
G-Cube Solutions is a leading CMMi Level 3 e-learning products and services company, with a global delivery and support footprint. Over the last decade, G-Cube has helped hundreds of customers worldwide and across diverse domains. We have the right mix of experience and expertise to provide tailor-made and company-specific solutions, rather than industry-specific ones, which have the flexibility to meet the ever evolving customer demands.
G-Cube's product portfolio includes our cutting edge WiZDOM Learning Suite, which comprises of – an LMS, Virtual Classroom, Content Authoring Tool, Assessment Engine, Skill-Gap, and ILT management systems. Content services include designing and developing custom e-courses, mobile learning, content localization, game-based learning, simulations, and consulting for curriculum design.
With its focus on innovation and 'Wowing' the customer, G-Cube has won various industry awards, such as the Deloitte Tech Fast 50 India Award for the last five years, multiple Brandon Hall Awards for Excellence in Learning and Technology, the NASSCOM Emerge 50 Award, and multiple Apex Awards for Publication Excellence.
Dublin, Ireland − Monday, August 8, 2016 − The Digital Marketing Institute continues its expansion in the U.S., announcing a new partnership with the University of Utah in Salt Lake City, Utah’s flagship higher education institution.
Through its professional education division, the University of Utah will offer the Digital Marketing Institute’s full range of professional certifications in digital marketing. The division focuses on delivering certificate programs that are designed to give students tangible skills that immediately translate into positive results in the commercial world.
A recent study showed Utah ranking high for digital marketing job opportunities in America, with the highest concentration of PPC jobs per capita and third highest for SEO jobs (based on over 75k job listings on Indeed.com in June 2015). Its booming tech startup scene, has earned the metropolitan areas of Salt Lake City, Provo and Park City the nickname of ‘Silicon Slopes’.
“Our vision is to be the premier professional education provider within the state of Utah and throughout the PAC-12,” said Denis Petersen, director of professional education at the University of Utah. W”hile pursuing this vision and performing our professional training mission, we have spent time and resources vetting the online programs offered by the Digital Marketing Institute and are pleased that it meets our stringent quality requirements, along with those required by the professional marketplace. The Digital Marketing Institute has set the international bar for digital marketing training and certification programs. Together, we aim to expand the reach of the University of Utah and these excellent programs.”
Since June, the Digital Marketing Institute has signed three major U.S. partnership deals, rapidly continuing its professional certifications expansion into America. Speaking of this recent deal, Ian Dodson, co-founder and director of the Digital Marketing Institute, said “Study after study shows that those with certified professional qualifications in digital marketing are in considerable demand globally and Utah is no exception. Through this partnership we will work closely with the University of Utah to provide its students with the most up-to-date and in-demand skills that enable employers to take advantage of the opportunities digital affords.”
About the Digital Marketing Institute
Founded in Dublin, Ireland in 2008, the Digital Marketing Institute is the certification standard in digital marketing education, training more graduates to a single standard than any other certification body.
The organisation works with the world’s largest and most influential brands to define the skills and qualifications required to excel in this rapidly growing industry through its diploma, postgraduate and master’s education programs. Industry-validated, the Digital Marketing Institute’s training is taught full time, part time and online in over 80 countries by the Digital Marketing Institute and its network of licensed education partners.
About the University of Utah
The University of Utah, located in Salt Lake City in the foothills of the Wasatch Range, is the flagship institution of higher learning in Utah. Founded in 1850, it serves more than 33,000 students from across the U.S. and the world. With more than 100 major subjects at the undergraduate level and more than 90 major fields of study at the graduate level, including law and medicine, the university prepares students to live and compete in the global workplace.
Chesterfield, MO – August 9, 2016 − BizLibrary, a leading provider of online employee training content, has recently added over 200 additional micro video lessons to its library of over 5,000 videos.
Topics of recently released videos cover detailed skills in Microsoft Office 365, soft skills in emotional intelligence and building work relationships, and the Quickwin series from Futurethink on various performance excellence skills, such as “Getting Ahead of Emerging Issues” and “Driving Decisions with Ideas.”
The BizLibrary Collection is the largest online video content library, with an emphasis on micro video lessons to promote learning retention. It offers a variety of content formats to meet the needs of all types of learners from short, micro-video lessons, to more in-depth video courses, interactive video programs and e-learning courses.
Many lessons and courses include quizzes and additional support materials to extend the learning process, increasing both retention and the ROI of investing in training.
“BizLibrary strives to maintain a library of high quality, relevant videos, so we are constantly updating our content, both through in-house production and through partnerships,” stated Debbie Williams, VP of content development at BizLibrary. “Our partnerships with content providers like Futurethink increase our ability to offer our clients training on the most up-to-date topics out there.”
BizLibrary is a leading provider of online employee training solutions. Our award-winning online training library contains more than 5,000 micro-video lessons, video courses, interactive videos, and e-learning courses covering a wide variety of topic areas and includes additional support materials to further increase learning retention.
Our learning technology platform is powerful and easy to use. All of our online training solutions are mobile-ready, allowing learners unlimited access to training content on any device, anytime and anywhere for true just-in-time learning. Engage your employees and drive business results by improving the way your employees learn with BizLibrary.
London, UK – August 11, 2016 – Fifty-three percent of employees who play Pokemon Go admit do so during working hours. Forty-three percent say they play up to three hours and 27 percent play between three and five hours at work a week. Fifteen precent say they play the game at work for seven or more hours every week.
Qualtrics, one of the world’s largest specialists in employee engagement, surveyed 500 British Pokemon Go players. According to the research, not only are UK workers relaxed about playing Pokemon Go at work, they would be happy to share their love of Pokemon Go with their bosses too. Thirty-three percent said they would be proud to tell their employers that they play and only 5 percent said they would be embarrassed to do so. Forty percent are neither proud nor embarrassed.
Furthermore, players are far less concerned about playing Pokemon Go at work than they are about trespassing on private land while doing so. Only one in four (21%) admit to trespassing while 79 percent claim not to have trespassed on private land to play the game.
Alarmingly, people who regularly play thought that up to 60 percent of their fellow gamers play while driving. One in 10 players confessed to having been stopped by police while playing the game when driving.
"Pokemon Go is likely to be more of an issue for employers whose staff are at greater liberty to work outside the office than for those who are desk bound,” said Ian McVey, UK director, Qualtrics. “With new versions of the game to come, employers should consider the implications on productivity. They will be weighing up the balances between workplace flexibility and security, for mobile, home and office based workers. That said, consumer technology may have a significant role to play in workplace learning and development. Pokemon Go can be said to have merit in using a sense of fun with which to introduce the concept of augmented and virtual reality”.
In 2015 Qualtrics opened its first London office with a team focused on their growing UK customer base.
Qualtrics is a rapidly growing software-as-a-service company and the provider of the world’s leading enterprise insight platform. More than 8,500 enterprises worldwide, including half of the Fortune 100 and 99 of the top 100 business schools rely on Qualtrics technology. Its solutions make it fast and easy to capture employee, customer, and market insights in one place. These insights help our clients make informed, data-driven business decisions.
Global enterprises, academic institutions and government agencies use Qualtrics to collect, analyse and act on voice of the customer, customer satisfaction, employee engagement, 360-degree reviews, brand, market, product concept and employee feedback. In 2013, Qualtrics opened its European Headquarters in Dublin to meet the growing demand for business insights in the region. The company employs 170 people across Europe with plans to increase this number to 250 by 2017.
New Hampshire – August 10, 2016 − With the latest release of the TopClass learning management system, WBT Systems expands the social learning capabilities of their comprehensive and flexible learning platform for associations, training organizations and extended enterprise. Building on increasing demand for social and mobile learning experiences, the new TopClass 10 features focus on making participation more rewarding for professional learners and simplifying the delivery of learning for administrators.
TopClass 10 extends the existing social learning capabilities of TopClass LMS with the introduction of enhanced learner profiles and digital badges with full OpenBadges compatibility. Organizations can now design and share badges in TopClass LMS to reward participation and learning achievements for members. Learners can display badges earned in TopClass LMS and external badges on the enhanced user profile and share to their Mozilla OpenBadges online backpack.
Incorporating Client Feedback in Development WBT Systems developed these new features based on the feedback of current clients, who were offered the opportunity to provide input into the design and functionality.
“Working together with our clients to define the design of the new features was enjoyable and enlightening,” said Linda Bowers, chief technology officer, WBT Systems. “Ultimately it helps us to ensure that TopClass LMS provides a more relevant and useful experience for both learners and administrators. We look forward to working closely with our clients on future updates to TopClass.”
Other key examples of how TopClass 10 LMS provides a comprehensive and flexible platform for the changing education needs of modern organizations include:
Experience API Support – Also known as xAPI or TinCan, Experience API support allows learners to record external learning activities they have completed on their user profile, transcript, and to share outside the LMS to their social learning networks. Administrators benefit from deeper insight on learner progress and performance, and reliable course delivery on the widest range of devices.
Streamlined User Experience – A modern, clean interface for the user management menu and new integrated product tours streamline the setup process to make getting started with TopClass even easier for learning administrators. The new at-a-glance layout makes it easy to find what you need to set up groups, users and courses; providing helpful resources at your fingertips.
For those wanting to see a live demonstration of the new TopClass 10, WBT Systems will be exhibiting at the ASAE 2016 Annual Meeting and Exposition in Salt Lake City from August 14-15. Attendees are encouraged to stop by booth 515 to see TopClass 10 in action.
About WBT Systems and TopClass LMS
WBT Systems is a leading provider of learning solutions across the globe, helping Associations and non-profit organizations to build and improve their education and certification programs since 1995. WBT provides TopClass, the flexible learning platform, which was recently named as the #1 Association LMS*. TopClass is an intuitive, complete and proven Learning Management System that evolves with our customers’ organizations. TopClass has over 5 million users and is used in 20 languages across 23 countries. Many of WBT Systems’ customers have grown with the company over our 20 years in business, due to our experienced team, excellent implementation track record and flexibility in all we do: approach, product, pricing and services.
New York, NY − August 10, 2016 − General Assembly (GA), a global education-to-employment company specializing in the most in-demand skills across data, tech, design and business, announced the company's largest expansion news to date. The company will grow its physical campus presence from 15 to 25 campuses by end of year, expanding into new, high demand markets. The company also announced its acquisition of Toronto-based tech and design career accelerator, Bitmaker.
"We are seeing incredible demand among employers -- outside of the traditional urban hot spots more commonly associated with the tech sector -- as they struggle to fill jobs that require 21st century skills like web development, data science and UX design," said Jake Schwartz, co-founder and CEO of General Assembly. "This demand outstrips the capacity of conventional education which is why we are scaling to an entirely new level, adding resources for people and companies in these additional cities around the world."
GA Enters New International Market: Canada Originally launched with the mission of bridging the gap between the growing demand for talent from technology companies and the existing pool of developers, Bitmaker has become the country's leading career accelerator with over 1,000 course graduates and more than 15,000 community members.
Bitmaker's team, including CEO & Founder Andrew Mawer, will remain in place and continue to lead Bitmaker's growth, as a subsidiary of General Assembly.
"We are incredibly enthusiastic about what this means for our students and community given General Assembly's strong reputation and ability to deliver quality education and outcomes at scale," Mawer said.
Schwartz continues, "as Canada's first tech and design accelerator, Bitmaker has built an outstanding foundation. Now, combined with General Assembly's global resources, we can take that foundation and our shared values as mission-driven companies, to make an even bigger impact."
Expansion in U.S. and Australia More than 350,000 students have come to one of GA's existing 15 campuses to either attend an event or acquire new skills through any one of the company's educational offerings. Earlier this year, GA opened its 15th campus in Denver and to make these skills even more accessible. GA will now be offering events, classes, workshops and opportunities for GA's online students to engage with the GA community in the following cities:
Brisbane/Sunshine Coast, Queensland
Brooklyn, New York
Irvine/Orange County, California
Raleigh, North Carolina
San Jose, California
An additional U.S. market will be announced before end of year, bringing General Assembly's physical campus count to 25 total campuses.
"From small businesses and startups to Fortune 500 brands, digital skill sets have never been more in demand. It is no coincidence that the skills helping companies to evolve - mobile development, data analytics, product management and user experience design - are the skills that we teach at General Assembly," said Anna Lindow, GM Campus Education & Operations, General Assembly. "By expanding into new markets like Canada, and furthering our presence in existing Australian and U.S. regions, General Assembly will be able to empower even more individuals and add value to even more employers."
About General Assembly General Assembly (GA) is a global educational company on a mission to empower a global community to pursue work they love. Focusing on the most relevant and in-demand skills across data, design, business and technology, GA is confronting a skills gap through best-in-class instruction and providing access to opportunities.
GA works with students online and in person across 25 campuses in 6 countries. GA also works with employers to help companies source talent, assess talent and transform talent. Additionally, GA's focus on affordable and accessible education combined with our education-to-employment approach is helping to create a diverse talent pipeline.
New York, NY – August 11, 2016 − Arianna Huffington is pleased to announce that her new company, Thrive Global, has closed its Series A funding round. Thrive Global's mission is to change the way we work and live by ending the collective delusion that burnout is a necessary price for success. By reducing stress and exhaustion, we can improve people's health and increase productivity for both companies and individuals from around the world.
Thrive Global is a corporate and consumer wellbeing and productivity platform. It provides trainings, seminars, e-courses, coaching and ongoing support based on the latest scientific sleep. Thrive Global's approach is extremely practical and based on the principle of micro-steps so that people can more easily go from knowing what's best for them to actually doing it.
Stress and burnout are a global pandemic, costing businesses hundreds of billions of dollars per year- $300 billion in the U.S. alone. But as the latest science has shown there is no tradeoff between living a well-rounded life and high performance. In fact, our performance actually improves when we make our health and wellbeing a priority.
"Since publishing Thrive and then The Sleep Revolution, I've dreamt of taking the next big step to help transform the way we work and live," Arianna Huffington said. "When I decided to create Thrive Global, I thought it would be possible to build a startup and continue as editor-in-chief of the Huffington Post. Today it's clear that was an illusion. As Thrive Global moved from an idea to a reality, with investors, staff and offices, it became clear to me that I simply couldn't do justice to both companies. Change is desperately needed if another generation is to avoid the burnout that all too often comes with success today. That's why I'm filled with excitement at the prospect of devoting the rest of my life to accelerating the culture shift away from merely surviving and succeeding to thriving. Running both companies would have involved working around the clock, which would be a betrayal of the very principles of Thrive I've been writing and speaking about. To truly thrive means knowing when the time has come to close one chapter and start the next, and for me that time has arrived. I step down as editor-in-chief filled with gratitude for our amazing HuffPost team and for what we've built together, and for Tim Armstrong who had the vision to buy HuffPost five years ago and to support from day one our global expansion. The journey of the last eleven years has exceeded my wildest expectations. I'm proud of all we've accomplished and very confident about HuffPost's future with the strongest leadership team we've ever had and the full support of AOL and Verizon. And of course, HuffPost will always be part of me, and I'll always be here to help in every way possible as it continues to reach new heights."
"Arianna is a visionary who built The Huffington Post into a truly transformative news platform," said Tim Armstrong, CEO of AOL. "Today, The Huffington Post is a firmly established and celebrated news source and AOL and Verizon are committed to continuing its growth and the groundbreaking work Arianna pioneered. We are confident that our strong editorial leadership team will maintain the exacting standards and high-quality journalism of our Pulitzer-prizewinning newsroom. The Huffington Post draws more than 178 million people worldwide on a daily basis and continues to distinguish itself with groundbreaking reporting and analysis. We remain committed to our mission of making The Huffington Post the most influential and innovative news company in the world. We are looking forward to partnering with Arianna on Thrive Global and are grateful for what she has done in creating such an iconic brand."
"Arianna's unique insights into how we consume news has transformed the media landscape. Through Thrive Global, she will once again transform an industry and have a profound impact on how we live and work," said entrepreneur and philanthropist Sean Parker, an investor in Thrive Global.
The company has begun piloting trainings and workshops with Accenture, a leading professional services company with a workforce of 375,000.
"Humans should be at the heart of the digital age. It's why we believe that creating an environment where our people can be successful, both professionally and personally, is so important to our company," said Ellyn Shook, chief leadership and human resources officer at Accenture. "By working with an important partner like Thrive Global, we can ensure that Accenture continues to provide our people with the tools and development opportunities to help them achieve their goals."
This Series A funding round was led by Lerer Hippeau Ventures.
"Kenny Lerer was my HuffPost co-founder, Eric Hippeau HuffPost's CEO at the time of the acquisition by AOL, and Fred Harman, who is joining our board, our largest HuffPost investor. It's really exciting to have the HuffPost band back together, and I love the fact that Thrive Global will be headquartered in the same offices where HuffPost was born in SoHo," Huffington said.
Other investors include Blue Pool Capital, Greycroft Partners, Advancit Capital, Female Founders Fund, technology and health philantropist Zoe Baird, Chairman of Berggruen Institute and Berggruen Holdings Nocolas Berggruen, Joanna Coles, Bridgewater founder and CEO Ray Dalio, Chief economic adviser to Allianz (Pimco's corporate parent) Mohamend El- Erian, Thrive Market co-founders Nick Green and Gunnar Lovelace, Oak Investment Managing Partner Fred Harman, artist Isabella Huffington, NBA all-star Andre Iguodala, and entrepreneur and philanthropist Sean Parker.
Thrive Global will launch after the election in November, partnering with thought leaders including Adam Grant and Wharton People Analytics to measure the impact of its services on employee retention, wellbeing and productivity, as well as organizational culture, and Dr. Ali Rezai, neurosurgeon and director of neuromodulation at Ohio State University, to provide recommendations for improving and enhancing brain health and optimizing brain performance.
"We want to help employees go from burnt out to fired up," said Adam Grant, an organizational psychologist and The Wharton School's top-rated professor.
Throve Global will offer an integrated solution through key partnership with Altus (physical training), Bob Roth and the David Lynch Foundation (meditation coaching), Sense by Hello (sleep education) and Thrive Market (food and nutrition).
USC Keck School Medicine professor, Dr. David Agus, Aetna CEO Mark Bertolini, Fred Harman, Kenny Lerer and Thrive Global President Abby Levy will be joining the board, which is chaired by Arianna Huffington, who will also be Thrive Global's CEO.
"Arianna has always been at the forefront of the Zeitgeist, understanding and creating new culture. She will do it again with Thrive, addressing a deep need of our modern societies. I'm excited to be an investor and partner on this journey," said Nicolas Berggruen.
"I am both delighted and honored to back Arianna's new and important initiative," said Mohamed ElErian. "There is no one more qualified and committed than her to help address an issue that increasingly stands in the way of sustainable wellbeing, high productivity and rewarding relationships."
"In today's 24/7 connected world, it is a continual challenge to achieve a sense of peace, balance and wellbeing in our personal and professional lives," said Shari Redstone, co-founder and managing partner of Advancit Capital, LLC. "We are proud to partner with Arianna, whose achievements and life story are testament to the mission of Thrive Global."
"The woman who changed the way we consume media is no changing the way we work and live," sand Dana Settle, founding partner at Greycroft Partners, one of the lead investors in the round.
"As early investors in Thrive Global, we're excited to be backing one of our most successful female entrepreneurs in creating a much needed platform to help companies find a better way to maintain a stronger work-life integration for their employees," said Anu Duggal, founding partner of Female Founders Fund.
"Arianna has an important vision for how employers and their employees can collaborate to achive good health," said Zoe Baird. "Thrive Global will become an exciting platform for health and wellness communities across cultural borders. I'm delighted to be partnering with my friend of over three decades."
"I am excited to be working again with Arianna after having the pleasure of backing her at the Huffington Post and serving on her board," said Fred Harman of Oak Investment Partners. "I couldn't think of a better use of Arianna's passion and entrepreneurial talents than the mission of Thrive Global."
"Many talk about wellness and health, but Arianna has put together a program, based on data, that actually works for the individual and for the corporation," said Dr. David Agus. "I am proud to join the effort to affect a meaningful difference in people's live through Thrive Global."
At Thrive Global, giving is a founding principle, a scientifically proven contributor to our wellbeing and an essential component of a full life. So from tis inception, Thrive will be offering free trainings to nonprofit organizations to reduce burnout and improve effectiveness.
About Thrive Global
Founded and led by Arianna Huffington, Thrive Global is a corporate and consumer well-being and productivity platform aimed at changing the way we work and live. It provides science-based trainings, content, commerce and ongoing support to help reduce stress and burnout and improve health and productivity for individuals and companies around the world. Thrive Global is headquartered in New York and will launch in the fall of 2016.
Chicago, IL − August 12, 2016 − MicroTek, an industry leader in the delivery of training room rentals, virtual training solutions, meeting services and large training roll-outs is pleased to announce that its state-of-the-art training facilities will be available through Training Orchestra, a world leading training management software designed to optimize processes and resources, track key performance indicators, and provide detailed reporting and analytics.
Having MicroTek’s global facility network available to customers online through this powerful training management application allows one stop shopping for facilities and related training services. Further service delivery, fulfillment logistics and scheduling is simplified via a single portal.
“By incorporating MicroTek’s worldwide training room network into our system, our customers will now have the ability to easily find and schedule training space anywhere in the world,” said Stephan Pineau, Training Orchestra CEO.
Training Orchestra chose to partner with MicroTek because of its expansive network of over 3,000 locations worldwide, major presence in all major U.S. and international cities and brand recognition in the marketplace. “MicroTek has the most options, best reputation and an expanding service portfolio that would further enhance our Training Orchestra platform,” added Pineau.
“We are excited to partner with Training Orchestra. They provide the most comprehensive and flexible training management software available. This unique software allows organizations to increase the effectiveness of their training programs.” said Hugh McCullen, president, MicroTek. “We look forward to working with Training Orchestra’s customers to provide quality facilities and service that support learning.”
Since 1991, MicroTek has been an industry-leading, single-source provider of business training and meeting rooms, large-scale training rollouts, virtual training platforms and instructor sourcing services. With over 3,000 locations worldwide, MicroTek is renowned for its state-of-the-art facilities, Next Generation Classroom technology and unmatched service support. We have the resources, expertise and commitment to execute a total training delivery solution to any client of any size, located anywhere in the world. MicroTek was named a Top Training Company for the eighth consecutive year by trainingindustry.com. For more information, visit www.mclabs.com.
About Training Orchestra
As a leader in Training Management Software (TMS) Training Orchestra provides the most complete ERP dedicated to training organizations. With a back-end system covering the entire training process (logistics, administrative, finance, and sales) Training Orchestra helps corporate training departments “train more with less” and training companies increase their profitability.
While optimized for managing Instructor Led Training, Training Orchestra can easily complete an LMS and provide a full end-to-end management solution to drive training activities, optimize scheduling, track budgets, and enhance productivity and customer loyalty. Training Orchestra has proven its efficiency worldwide with over 250 satisfied clients, one million users, and $1.5 billion of training budgets managed. Additional information is available at www.training-orchestra.com
Raleigh, NC – August 15, 2016 – TrainingIndustry.com has announced its Top 20 Learning Portal 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 Learning Portal Companies List
Selection to this year's Top 20 Learning Portal Companies List was based on the following criteria:
Breadth of functionality and capabilities
Commitment to the corporate training market
Industry visibility, innovation and impact
Number and strength of clients
“Finding the right match in a learning technology partner can not only aid in your employees’ ability to retain the information shared in the program, but can also significantly improve marketability and engagement,” said Ken Taylor, president, Training Industry, Inc. “The companies selected for this year’s Top 20 List demonstrate significant innovation in how they track, manage and measure learning programs to ensure their learners get the training they need, when they need it.”
“Learning portals are critical to the success of most training programs as they are often the initial point of interaction the learner has with the materials for a given course,” said Doug Harward, CEO, Training Industry, Inc. “The 2016 Top Learning Portal Companies show they understand how important these touches are to the success of your program, while still providing you with the administrative layer required to track and measure your organization’s learning initiatives.”
Email email@example.com for thoughts or feedback regarding the list.
View the 2016 Top 20 Learning Portal Companies List
About Training Industry, Inc.
TrainingIndustry.com spotlights the latest news, articles, case studies and best practices within the training industry. The company publishes the annual Training Industry Top 20 and Training Industry 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.