Chicago, IL - March 16, 2017 - LearnCore, the top video coaching and training solution for sales and customer success teams, is thrilled to announce its partnership with JBarrows Consulting, a leading sales training solution for some of the world’s fastest growing companies. This partnership will help sales teams achieve greater results by offering JBarrows training content in the LearnCore platform and providing a complete sales training solution.
LearnCore has seen tremendous success helping companies like Box, CDW, AOL, and Zendesk streamline their sales training program through its Learn, Test and Pitch IQ video-coaching modules. With LearnCore, teams from across the organization can easily access sales concepts and messaging, practice application and receive valuable feedback from managers and peers remotely. LearnCore’s focus on premium content allows clients to draw from a library of the highest quality, training solutions proven to escalate sales effectiveness and integrate them into existing training programs.
With over 18 years of sales leadership experience, John Barrows started his consulting firm to specialize in outbound sales efforts, from identifying your target, to messaging through different mediums and prioritizing your time. JBarrows offers 10 online sessions focused on real world application with videos and exercises that help increase prospecting among sales teams. Thousands of individuals at high growth companies, like Tableau, HP, Salesforce.com, and LinkedIn, have used JBarrows online learning portal focused on “filling the funnel” to gain new business and drive results.
“This partnership is a huge win for our clients. John is a well known thought leader in the sales training world; he has built a brand that is known to deliver results and his content is second to none. As our clients build out their sales enablement and onboarding programs, JBarrows content allows them to make an impact on day one,” said Ryan Leavitt, Chief Revenue Officer of LearnCore. “We often hear the request for training content to complement or replace their own, so we are excited to offer John’s content as a high quality solution to ease the development period and accelerate the impact of training.”
With this new partnership, JBarrows sessions will be integrated into the LearnCore curriculum, enabling sales representatives to learn the content, review the resources, and complete the JBarrows activities using the Pitch IQ module. Sales leaders can review their reps’ responses and hold teams accountable to make sure they can actually apply what they have learned.
“I’m excited to be partnering with the LearnCore team to deliver my training content to our clients. Their platform helps reps and managers apply my training immediately and allows for ongoing coaching and lesson reinforcement,” said John Barrows, owner of JBarrows Consulting. “LearnCore and I share in the goals of creating quality content and of helping to elevate the sales profession. I’m excited to see where we can go together and what difference we can make.”
This JBarrows content will be automated for rollout. Clients can access it with one click in their account settings and are able to incorporate it directly into their training curriculum. This is the first of several partnerships for LearnCore as they build out a library of premium content to enhance the customer experience and maximize training effectiveness.
Visit LearnCore to find out how you can incorporate JBarrows content into your LearnCore curriculum.
About JBarrows ConsultingJohn Barrows currently provides sales training and consulting services to some of the world’s leading companies like Salesforce.com, Linkedin, Apttus, DropBox, Box and many others. His previous experiences span all aspects of Sales at every level from making 400 cold calls a week doing inside sales to running sales as a VP for his first start up and selling it to Staples.
He’s an active sales professional who has learned a lot about what works and doesn’t work in Sales and loves sharing the tips and techniques he has found to have had an impact along the way. His main goal is to improve the overall education and quality of Sales by sharing ideas and techniques that work. For more information, please visit http://jbarrows.com.
About LearnCoreLearnCore is a video coaching and training platform for sales and customer success teams. Companies use LearnCore to ensure their teams are certified and up-to-speed on new or existing messaging at a company-wide or product level. LearnCore’s methodology develops both knowledge and skills using educational content, testing, and virtual role-play to help teams practice, coach and socialize best practices. For more information, please visit http://learncore.com.
LearnCore Partners with John Barrows to Deliver Professional Sales Training Content and Offer a Complete Training Solution
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Food Beverage Industry Innovators SafetyChain Software and Alchemy Announce Partnership
San Rafael, CA - March 14, 2017 -SafetyChain Software and Alchemy have joined in partnership to help the food and beverage industry continue to improve their food safety and quality initiatives. Alchemy is the world’s leading provider of food safety programs and used at over 20,000 facilities. SafetyChain Software is the leading provider of food safety and quality management solutions, enabling companies throughout the supply chain to reduce risk, control costs, and ensure compliance. SafetyChain and Alchemy will work together to help food & beverage customers build a more holistic approach to managing and ensuring the safety and quality of their products.
Food companies face many challenges around food safety and quality, from compliance to risk reduction, transparency, and operational efficiency. Both SafetyChain and Alchemy’s solutions are focused on helping the industry achieve better results to help ensure the everyday execution of food safety and quality program standards, enabling companies to continuously improve their program effectiveness and overall quality operations.
“We are very excited about our partnership with Alchemy,” commented Barry Maxon, SafetyChain’s CEO. “Alchemy’s great reputation in the industry for innovative food safety training complements SafetyChain’s industry-leading food safety and quality management solutions. Alchemy trains the very operators that use our solutions every day. Together, our respective companies will be able to provide greater value to help our customers achieve a more comprehensive approach to managing – and improving – their food safety and quality performance.”
“Food companies are looking for comprehensive solutions to their food safety compliance and risk management challenges,” said Jeff Eastman, Alchemy CEO. “SafetyChain and Alchemy’s complementary set of technologies and skills enable us to better serve food companies.”
Jeff Eastman, CEO Alchemy
“SafetyChain and Alchemy’s complementary set of technologies and skills enable us to better serve food companies.”
Barry Maxon, CEO SafetyChain Software
“Together, our respective companies will be able to provide greater value to help our customers achieve a more comprehensive approach to managing – and improving – their food safety and quality performance.”
About AlchemyAlchemy is the global leader in innovative solutions that help food and retail companies engage with their workforces to drive safety and productivity. More than two million frontline workers at 20,000 locations use Alchemy’s tailored learning, communications, and performance programs to safeguard food, reduce workplace injuries, and improve operations.
About Safety Chain SoftwareSafetyChain Software is the leading provider of food safety and quality management solutions. SafetyChain’s suite of management solutions – Supplier Compliance, Food Safety, Food Quality, CIP Sanitization & Materials Loss – enable our customers throughout the food supply chain to reduce risk, control costs, and ensure compliance. www.safetychain.com
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Learning Technologies Group expands its offering with the acquisition of NetDimensions
March 20, 2017 - Learning Technologies Group plc (“LTG”), the integrated elearning services and technologies provider, is pleased to announce that it has successfully completed the acquisition of NetDimensions, an integrated enterprise talent management software platform provider, for £53.6 million.
This deal enhances the Group’s capability, introducing proprietary learning management technology to LTG’s portfolio of specialist digital learning businesses, which include LEO, gomo, Eukleia, Preloaded and Rustici. The acquisition of NetDimensions will also significantly expand LTG’s geographical reach, particularly in the Asia-Pacific region.
Founded in 1999, NetDimensions’ award-winning suite of learning products provides organisations with talent management solutions to personalise learning, share knowledge, enhance performance, foster collaboration and manage compliance programmes for employees, customers, partners and suppliers. The business is headquartered in Hong Kong with offices in the Philippines, Australia, the United Kingdom, the United States and Germany. The acquisitionwill bring exciting cross-selling capabilities for the Group’s other businesses as LTG continues to introduce its market-leading portfolio of services and products to new regions.
The acquisition of NetDimensions completes the range of capabilities required for a full-service offering, enabling LTG to create and deliver dynamic, end-to-end learning solutions to its global client base. With the addition of NetDimensions to the Group, LTG can now offer platforms using technology developed and owned in-house, thereby further positioning the Group as a leading provider of digital learning solutions on a broader scale for global corporates and governments.
Jonathan Satchell, Chief Executive of LTG, commented: “This is a momentous step in LTG’s journey that materially enhances our capabilities and takes us closer to our goal of creating the world’s leading learning technologies firm.
The addition of NetDimensions’ platform bolsters our competitive edge and allows us to offer unrivalled capability and value, placing us firmly at the heart of the global learning industry. We are looking forward to welcoming our new colleagues and working with their customers and partners around the world.”
Jay Shaw, Chief Executive of NetDimensions, said “Given the complementary nature of LTG’s brands, I expect this acquisition to have a very positive impact on our growth.Together, we will have a strong foundation from which we expect to leverage our strengths and achieve product innovations that will benefit our clients and valued business partners.”
NetDimensions will remain a separate operating company and brand within the Group and through its key customers and resellers, it will extend LTG’s presence in high-consequence sectors such as financial services, defence and security, and government.
ABOUT LEARNING TECHNOLOGIES GROUP
Learning Technologies Group plc (LTG) is a dynamic and steadily growing group of specialist learning technology companies. LTG has a strong global presence in the fields of bespoke learning content, educational games, consulting, specialist compliance services, learning platforms and learning analytics. The Group’s businesses – LEO, gomo, Eukleia, Preloaded, Rustici and NetDimensions – are at the forefront of innovation and best practice in the fast-growing learning technology sector, and have received numerous awards for their exceptional performance. LTG's brands represent the best of breed and are acknowledged throughout the industry as market leaders.
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Marriott International Announces New Collaboration With Career Advancement Startup Amavitae
Bethesda, MD - March 20, 2017 - Global hospitality leader Marriott International, Inc. (NASDAQ:MAR) announced it has embarked on a new initiative with career advancement startup, Amavitae. Launched in 2016, Amavitae's mobile-first career advancement platform addresses the skills and opportunity gaps of a new generation of jobseekers and empowers them to find a career they love.
Amavitae recently launched its latest platform evolution which incorporates Marriott's open jobs in the United States. The initiative includes the creation of a proprietary internal version that maps users – including current Marriott employees - to careers and resources.
Since its inception in 1927, Marriott has been a pioneer of innovative approaches to attract, develop, and retain the best talent across all areas of its business. "The partnership represents another chapter in human resource innovation for Marriott," said Carey Goldberg, Global Learning + Development Officer, Marriott International. "By serving as Amavitae's collaborator and startup incubator, we are able to provide an innovative platform to further develop our existing employees and help them align with their interests and skills. Amavitae's next generation career planning tool underscores Marriott's commitment to advancing our workforce."
Amavitae, which means "love life" in Latin, helps people discover a career they will thrive in, understand what careers are growing in demand and pay well, as well as provides access to the most up-to-date, sought-after skills. Amavitae is free to the user and available in the Google Play, iTunes and Amazon App stores.
"Marriott has a long track record of being a truly great place to work," said Deborah Ramo, Founder and CEO of Amavitae. "Marriott is a leader in talent innovation with a legacy of putting people first. We share the belief that when people love what they do, they are more engaged, more productive and likely to stay with their employers. We are committed to helping the emerging workforce design a life they love."
About Marriott International Marriott International, Inc. (NASDAQ: MAR) is the world's largest hotel company based in Bethesda, Maryland, USA, with more than 6,000 properties in 122 countries and territories. Marriott operates and franchises hotels and licenses vacation ownership resorts. The company's 30 leading brands include: Bulgari®, The Ritz-Carlton® and The Ritz-Carlton Reserve®, St. Regis®, W®, EDITION®, JW Marriott®, The Luxury Collection®, Marriott Hotels®, Westin®, Le Méridien®, Renaissance® Hotels, Sheraton®, Delta Hotels by MarriottSM, Marriott Executive Apartments®, Marriott Vacation Club®, Autograph Collection® Hotels, Tribute Portfolio™, Design Hotels™, Gaylord Hotels®, Courtyard®, Four Points® by Sheraton, SpringHill Suites®, Fairfield Inn & Suites®, Residence Inn®, TownePlace Suites®, AC Hotels by Marriott®, Aloft®, Element®, Moxy® Hotels, and Protea Hotels by Marriott®. The company also operates award-winning loyalty programs: Marriott Rewards®, which includes The Ritz-Carlton Rewards®, and Starwood Preferred Guest®. For more information, please visit our website at www.marriott.com, and for the latest company news, visit www.marriottnewscenter.com and @MarriottIntl.
About Amavitae Amavitae's mission is to close the skills and opportunity gaps. These gaps exist in part because people don't have access to useful, individualized information about careers they might love and how to get them. Amavitae has reimagined a proven assessment methodology and transformed it into something more entertaining, engaging and relevant for today's user. Amavitae is the only solution that directs job-seekers to careers they will love, provides pathways to education and training, and reveals the most up-to-date, sought-after skills for each occupation. For more information on Amavitae, the science behind their work and their solutions for employers, educators and training entities, please visit www.amavitae.com.
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Library of interactive and entertaining soft skill trainings expands IMCs portfolio
Saarbrücken, Germany - March 21, 2017 - IMC widens its proven partnership with Cegos, a well-known company for business, leadership, management and personal development training. After years of successful cooperation in the Asia-Pacific region, the partners now focus on the German speaking markets too. IMC already partners with Cegos due to their extensive portfolio of adaptable and user friendly off-the-shelf e-learning modules. "We are very excited to extend our partnership with IMC, which has been a great success in the Asia-Pacific region for several years”, Pascal Debordes, Head of Channels and Alliances at Cegos Group, says.
Cegos’ modules for training and optimising entrepreneurial and personal abilities makes e-learning easy to navigate, interactive and entertaining. 25 different learning activities per course, placed in real-life scenarios, ensure the learner gets animated to deal intensively with the content. In accordance with Cegos´ mantra “Think Global, Learn Local”, content is always adapted to the national language and cultural characteristics.
“We are delighted to offer our customers an extensive library of ready-to-use soft skill training courses to enhance their business performance”, Christian Wachter, CEO of IMC, summarises. The modules can function as stand-alone units, or be combined with other titles. The content is compatible with all standard Learning Management Systems (LMS) and can be purchased directly integrated within IMC´s Learning Suite.
For more information on IMC´s Soft Skill training portfolio please visit the website.
About IMCInternationally renowned for our learning technologies we are passionate about creating innovative and reliable learning solutions that put our clients at the forefront of learning and development. For 20 years we have been helping organisations to plan, develop and implement professional learning strategies. Our multi-award winning products and services portfolio includes the Learning and Talent Management System, IMC Learning Suite, the innovative Electronic Performance Support System (EPSS), IMC Process Guide and the intuitively usable authoring software, IMC Content Studio. Additionally, customised and standardised learning contents for subjects such as compliance learning are part of the IMC portfolio.Worldwide more than 1,000 customers with over 5 million users in businesses, public institutions and educational institutions of all sectors and sizes trust in IMC.
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Rapt Media and Kaltura Team Up to Boost Employee and Customer Engagement
Boulder, CO - March 21, 2017 - Rapt Media, a leader in groundbreaking interactive video technology, is integrating with Kaltura, the leading video technology provider, to bring enterprise companies and educational institutions better learning and engagement through interactive, personalized video experiences. The solution will be available to all Kaltura customers beginning this month.
As a global leader in the online video space, Kaltura continuously strives to provide technology that enables engagement, which is vital to the success of any institution. To that end, Kaltura has partnered with Rapt Media in working to repair the disconnect that exists between employees and management in today’s Digital Workplace.
Companies are responsible for delivering a wide range of increasingly complex information across diverse audiences, amidst a backdrop of competing media, messages and materials. Fragmented learning, constant distraction, and audience expectations continuously challenge the rules of engagement and make it difficult to break through.
These challenges are especially prevalent—and costly—among U.S. employees. Rapt Media’s latest market survey revealed that most workers feel detached, disengaged, and disenchanted—a problem that is costing businesses upward of $500 billion annually. Under-appreciated by their leaders, employees are disregarding internal communications and forgetting their trainings, so companies' work and investment are often going to waste.
“What businesses are doing to reach and engage employees simply isn’t working,” said Erika Trautman, CEO and founder of Rapt Media. “For more than ten years, Gallup and other researchers have reported dismal employee engagement figures. We know video is a powerful tool, but video alone is no longer enough to move the needle. Companies must rethink their video strategy. With interactive video, companies can truly connect with their audiences, driving behaviors to meet their goals.”
According to Kaltura’s third annual State of Enterprise Video report that surveyed nearly 500 enterprise professionals, 96 percent stated that video improves both learning and communication.
“Many employees are not sufficiently driven to deliver on company goals because they feel ‘invisible’ to the company’s management, who is perceived to have no vested interest in employees’ personal success” said Ron Yekutiel, Chairman, CEO, and Co-Founder of Kaltura. “Using interactive video, employees not only feel more connected with their employers, thus improving morale, but they also grasp the company mission on a more personal and powerful level, leading to better understanding and performance on the job.”
Together, Kaltura and Rapt Media power a video experience that resets the business approach to engagement—both internally and externally. HR and communications leaders will be equipped to enhance the company-employee connection, and marketing departments will be better situated to hold the attention of current and potential customers. On top of these benefits, Rapt Media technology makes it possible to track the viewership data and analytics that can prove ROI. Ultimately, the Rapt Media integration for the Kaltura video platform translates to accelerated and deeper knowledge absorption, increased productivity, less waste, and higher revenues.
Prominent companies are realizing the potential of interactive, personalized video solutions like the one that Rapt Media and Kaltura are providing. Global professional services leader PwC recently incorporated an interactive video initiative into a digital transformation learning program. Matthew Murray, digital learning leader at PwC, praised the initiative as a “highly effective hybrid digital learning solution that engages viewers and plays at the intersection of marketing, communications, and training.” To read a full case study on this initiative, click here.
The integration will enable Kaltura customers to access Rapt Media’s interactive video Composer, player, and publishe functionalities within the Kaltura MediaSpace Video Portal.
Kaltura’s MediaSpace Video Portal offers rofessionals several benefits, including:
· Deeper engagement
· Behavioral insights
· Enhanced learning
· Longer viewing times
· Knowledge retention
“Today’s employees require an emotional connection and a sense of purpose to connect with their company brand, leadership, and clients," said Jeff Rubenstein, VP, Global Product Strategy and Business Development. "Meeting this requires employing new engagement strategies like interactive video experiences to drive deeper employee-brand connection. Partnering with Rapt Media will allow our customers to transform the way they communicate with employees by tapping into the creative storytelling capabilities of interactive video.”
To learn more about the Rapt Media/Kaltura partnership, join us at Learning Solutions 2017 from March 22nd – 24th in Orlando, FL. Experts from Kaltura and Rapt Media will be on hand at booth #317, and will also lead the session, “Interactive Video: Building an Emotional Connection to Drive Behavior,” about the best way to use and develop interactive video content. Set up a meeting here.
About Kaltura
Kaltura’s mission is to power any video experience. A recognized leader in the EVP (Enterprise Video Platform), OTT TV (Over the Top TV), OVP (Online Video Platform), and EdVP (Education Video Platform) markets Kaltura has emerged as the fastest growing video platform, and as the one with the widest use-case and appeal. Kaltura is deployed globally in thousands of enterprises, media companies, service providers and educational institutions and engages hundreds of millions of viewers at work, at home, and at school. The company is committed to its core values of openness, flexibility, and collaboration, and is the initiator and backer of the world's leading open-source video-management project, which is home to more than 100,000 community members. For more information, visit www.kaltura.com.
About Rapt Media
Rapt Media offers a compelling alternative to engage employees and consumers, inspiring them to act. The company's cloud-based interactive video platform drives deeper engagement resulting in enhanced learning and rapid behavior change. Rapt Media offers enterprise companies digital transformation solutions involving communications and learning. For more information, visit www.raptmedia.com.
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Business Uplifted Launches Improving Team Engagement Program
Pittsburgh, PA - March 21, 2017 - Business Uplifted, an initiative of GuardianBridge, a boutique business management services firm based in Pittsburgh, Pennsylvania and Morgantown, West Virginia, announced, today, the launch of its Business Uplifted Improving Team Engagement Program. The online program provides executives, managers, team leaders, and small business owners with the tools to help reimagine and reinvent the way that their teams work to create a more engaged workforce.
The Improving Team Engagement Program helps business leaders to combat Chronic Workplace Misalignment – a disease that faces nearly all organizations today based upon repeated focus on the wrong initiatives and activities and, unfortunately, results in frustrated and disengaged team members.
"Employee disengagement is one of the biggest challenges facing every organization today, as surveys indicate that nearly two-thirds of U.S. employees are not engaged in their work, which generates productivity losses, toxic work environments, increased absenteeism, and excess costs for every organization," said Mandy Curry, a Managing Director for Business Uplifted. "More troubling, though, employee disengagement doesn't stop there, as its internal turmoil often impacts the way employees interact with clients and customers. Businesses and other organizations simply can't afford to not address this issue," added Curry.
This initial Business Uplifted online training program follows the November 2016 launch of the Business Uplifted Podcast at https://itunes.apple.com/us/podcast/business-uplifted-podcast/id1176776191?mt=2 In addition to the online programs and podcasts, Business Uplifted also offers speaking services, custom training courses, one-on-one coaching services, team coaching services, and workshops – on topics including: employee engagement, team engagement, organizational management, leadership, communications, women in business, workplace wellness, and multi-generational management.
Registration for the Improving Team Engagement Program is now open at https://businessuplifted.com/improving-team-engagement-program/
About Business Uplifted & GuardianBridgeBusiness Uplifted is an initiative of GuardianBridge LLC (GuardianBridge) to provide programs and solutions to reimagine and reinvent the way that you work to inspire the creation of meaningful, fulfilling, and engaging workplaces. GuardianBridge based in Pittsburgh, Pennsylvania and Morgantown, West Virginia, is a boutique business management services firm that supports the complex needs of business leaders and their teams to develop and implement strategies, plans, and programs. For more information, please visit: http://www.businessuplifted.com and http://www.guardianbridge.com
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Personality Assessment and Behavior Expert PeopleKeys Powers New Coaching Academies and Offers Coaching Training Partnerships in Europe Asia
Boardman, OH - March 21, 2017 - The international experts in applied personality assessment and people analytics for over 35 years, PeopleKeys, has announced the opening of a new training facility in Warsaw. "The Leadership Academy" is powered by PeopleKeys' advanced personality profile tools and is part of their recent international expansion. This aggressively growing company is now accepting new offers for coaching/training partnerships.
The Leadership Academy's founder, author and Executive Coach, Anna Sarnacka-Smith, said:
"We've successfully implemented multiple personality assessments, providing coaches, trainers and HR solutions for unlocking human potential in our 'EFFECTIVENESS' program. I noticed that in Europe we focus too much on our areas for improvement, not on our strengths. So our assessment is like a tailor-made solution for leaders - to help them to grow by focusing on their strengths, not their limitations. I believe that leadership is not a position, it's the strength of your character/personality. Understanding human behavior is the key to all management and leadership strategies. First, you must know your own strengths, and then understand your team."
The new facility in Warsaw represents just one of PeopleKeys' recent partnerships internationally. Throughout this expansion, PeopleKeys has sought to improve lives using DISC personality system solutions focused on:
Reducing stress
Increasing workplace productivity/morale
Enhancing communication skills
Improving hiring practices
Coaches and trainers around the world have used PeopleKeys' tools. Their highly customizable resources have led PeopleKeys to their current level of success; and they are ready to expand their presence through new coaching and training partnerships in countries around the world.
Dr. Bradley Smith, Director of International Business for PeopleKeys states, "We are really excited about potential new partnerships because of our continued success in partnering with and providing resources for coaching and training networks all across the globe. We have developed highly validated assessments for leadership, sales training, etc. Our products are delivered online (in 33 languages) and are highly customizable. We make it easy to use, implement, and become a high revenue source for the networks we provide to."
To inquire about becoming one of PeopleKeys' many successful partners, you can contact brad.smith@peoplekeys.com or 330-599-5580
More about PeopleKeys:PeopleKeys is the leader in personality assessment, coaching, and HR solutions. Their resources are available in over 33 languages and they are uniquely suited to help unlock people's potential.
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Ascentis Raises Growth Equity Financing from Summit Partners
San Mateo, CA and Menlo Park, CA - March 21, 2017 - Ascentis Corporation, a market-leading provider of cloud-based, software-as-a-service (SaaS) human capital management (HCM) solutions and integrated payroll services, today announced a majority recapitalization by global growth equity investor Summit Partners. Brian Provost, an Executive-in-Residence with Summit Partners and a software industry leader with more than 20 years of executive experience, will join Ascentis as CEO. The funding will be used to fuel product innovation and drive new growth initiatives.
Ascentis offers a comprehensive, end-to-end suite of human resources, benefits, payroll, timekeeping and talent management products to more than 1,000 customers throughout the U.S. and Canada. The company’s SaaS-based solutions increase productivity by automating HR and payroll processes, reducing costs, providing meaningful insights into organizational trends, and empowering employees in all aspects of the HR and benefits process.
“HR professionals – particularly in the mid-market – face an increasingly complex set of requirements as they grow and manage their workforce. Ascentis offers the technological depth and the broad functionality necessary for our customers to scale from dozens to thousands of employees,” said Mr. Provost. “Ascentis serves a large and growing market with a robust solution. I’m delighted to partner with Summit and lead Ascentis in its next phase of growth.”
With more than two decades of executive leadership experience in rapidly growing SaaS technology companies, Mr. Provost joins Ascentis from Summit Partners’ Executive-in-Residence (EIR) program. Previously Mr. Provost served as President and CEO of Convey Compliance, a tax compliance SaaS company acquired by Sovos Compliance. Prior to Convey, Mr. Provost served as Chief Operating Officer of Gelco Expense Management, a SaaS-based provider of travel expense management solutions acquired by Concur Technologies. In addition, he served in leadership roles at several prominent companies including Wizmo, Inc., Norstan Communications (acquired by BlackBox), and ColorSpan (acquired by Hewlett Packard).
“Over his impressive career, Brian has earned a strong reputation for his distinct understanding of growth stage software businesses,” said Peter Rottier, a Managing Director with Summit Partners, who has joined the Ascentis Board of Directors. “With Brian’s background driving growth at SaaS-based companies focused on HR, compliance, tax and expense management, Ascentis is a perfect fit for his talents. We are thrilled to work with Brian and we are delighted to welcome Ascentis to Summit’s software portfolio.”
“We believe Ascentis is one of the few software providers that delivers a truly integrated HCM solution to mid-market enterprises,” added Len Ferrington, a Managing Director with Summit Partners who has also joined the Ascentis Board of Directors. “As these organizations seek to modernize and optimize their approach to workforce and knowledge management, we believe Ascentis is well positioned to accelerate its already impressive growth trajectory.”
In addition to Mr. Rottier and Mr. Ferrington, Summit Partners Vice President J.P. Sanday has joined the Ascentis Board of Directors, serving alongside current board members Walter Turek, a former Paychex senior executive with significant HCM market expertise, and Bradley Palmer, Palm Ventures’ Chairman and Founder.
In 2007, Palm Ventures acquired a majority interest in Ascentis and structured and funded the company’s acquisition of EBS On-line, a San Mateo, California-based payroll processing company. In 2012, growth equity firm Catalyst Investors invested and became the largest shareholder in the company. Following Summit’s recapitalization, Catalyst will exit its investment and Palm Ventures will continue to hold a minority position in the company.
About Ascentis Ascentis Corporation offers easy-to-use, human capital management recruiting, HRIS, talent management, online payroll, and time and attendance solutions that support greater business efficiency and accuracy. Ascentis automates critical HR and payroll processes such as full-scale benefits management, compliance, online open enrollment, workforce management, real-time payroll processing, tax filing, applicant tracking, employee and manager self-service and reporting. Ascentis’ talent management solutions include learning management, performance management, succession planning, 360° assessment and compensation management. One point of data entry means employee information is accurate, up-to-date and reportable. Electronic submission of information to insurance carriers eliminates errors and supports a paperless open enrollment process.
About Summit Partners Founded in 1984, Summit Partners is a global alternative investment firm that is currently investing more than $7.2 billion into growth equity, fixed income and public equity opportunities. Summit invests across growth sectors of the global economy and has invested in more than 440 companies in technology, healthcare, life sciences and other growth industries. These companies have completed more than 140 public equity offerings, and more than 165 have been acquired through strategic mergers and sales. Notable software and SaaS companies financed by Summit include Avast, Clearwater Analytics, Darktrace, Gainsight, HelpSystems, Hyperion Solutions, Infor, McAfee, Perforce, RiskIQ, Telerik, TSheets, WebEx and Visier. Summit maintains offices in North America and Europe, and invests in companies around the world. For more information, visit http://www.summitpartners.com or follow on Twitter at @SummitPartners.
About Palm Ventures Palm Ventures is a Greenwich, CT based private investment firm focused on investing long-term patient family capital in partnership with management teams across the full investment spectrum including start-ups, growth capital, restructurings and buyouts. Over a 25 year period, Palm Ventures has invested in more than 60 businesses in numerous industry segments, with a particular focus on businesses which have a positive social impact. For more information, visit http://www.palmventures.com.
About Catalyst Investors Catalyst Investors is a growth private equity firm founded in 2000. Catalyst employs a rigorous top-down research focus that seeks to identify investment opportunities in companies and industries that will exhibit strong revenue and margin growth. The firm works in true partnership with talented management teams to build long-term value and is committed to investor transparency. Past and present Catalyst portfolio companies include Ascentis, Catalyst Repository Systems, Clinicient, Conductor, Datavail, Denali Spectrum, InSite Wireless Group, Latisys, MessageLabs, MediaMath, MINDBODY, PresenceLearning and WeddingWire. For more information, visit http://www.catalyst.com/.
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Qualtrics Offers Professional Certification for Worlds First Experience Management Platform
Silicon Slopes and Salt Lake City, UT - March 22, 2017 - Qualtrics announces an expanded professional certification program to help users become certified on the world’s first experience management platform, the Qualtrics XM Platform™. The new program builds upon the existing training program and will help support a growing experience management ecosystem, including customers, developers and partners, and provides certified individuals to help companies and organizations best leverage the full power of the innovative platform. The significant growth in Qualtrics deployments is accelerating interest in Qualtrics expertise and certification.
The Qualtrics XM Platform is designed to address the growing experience gap––the gap between market, customer and employee expectations and what organizations actually deliver. The first solution in the experience management space, the platform will help companies measure, prioritize, and optimize the experiences they deliver across the four foundational aspects of business—customers, products, employees and brands.
Experience management helps organizations close the experience gap and achieve four key outcomes:
Customer Experience (CX): Delight customers at every touchpoint;
Product Experience (PX): Build products that people love;
Employee Experience (EX): Improve employee engagement, retain top talent, and develop leaders
Brand Experience (BX): Create differentiated brands that people want to associate with.
According to Ryan Smith, CEO of Qualtrics, “There are two types of data: operational data and experience data. For too long, companies have been looking exclusively at data about the past—the operational data or ‘O data.’ Where companies must improve is with experience data, or ‘X data.’ X data is the human-factor data, the beliefs, emotions, and sentiments that tell you ‘why’ things are happening and that help predict what is going to happen next. And while there are plenty of technologies to help companies manage their operational data, until now there hasn’t been a technology that makes it easy to capture and understand the X data. The Qualtrics XM Platform will change how organizations operate and help develop the market leaders of tomorrow.” Anyone—including researchers, marketers, analysts, faculty, administrators, product managers, HR generalists, executives, leaders, and more—can become certified on the XM platform to help drive real impact in an organization across the four foundational aspects of business.
Qualtrics Certification is designed to help users develop the skills and expertise needed to help close experience gaps. Six different certifications are offered, including:
Technical Professional
Technical Expert
Customer Experience Expert
Employee Experience Expert
Brand Experience Expert
Product Experience Expert
Each certification provides the necessary product knowledge and methodology knowledge to drive organizations forward in each domain. The new, expanded program is an extension of the existing program and those already certified will automatically be granted credentials from the new program.
“Qualtrics Certification is the validating body that prepares individuals to become experts on the Qualtrics platform and experts within their category. It is part of the Qualtrics vision of helping companies create world-class experiences for customers and employees by training individuals on the Qualtrics Platform, and giving client leadership confidence in the quality of the data and insights collected,” said Bennett Weisse, Head of Certification at Qualtrics. “After all, the data collected is used to make major business decisions across an organization, so know-how and accuracy are crucial.”
“Qualtrics Certification increases my level of expertise and helps me solve my company’s most pressing problems around the experiences we are delivering to key stakeholders, including clients, employees, impacts to our products or even our brand reputation,” said Johanna Moscoso, Consumer Insights Lead, The Weather Company, an IBM Business. “Getting Qualtrics certified has also helped me develop a skill set that has immediately translated to early career success. It means that we can be confident in the decisions we make, because it’s improved my team’s ability to collect, analyze, and act on important insights that drive key experiences. We are vastly more successful as a company thanks to the information we get from Qualtrics.”
The Qualtrics ecosystem has seen rapid growth recently and more employers are seeking candidates with Qualtrics skills. Users of Qualtrics are seeing increased demand from potential employers across the board--from small to medium businesses, up to the enterprise level. Candidates in marketing, branding, customer experience, product management, human resources, and senior management disciplines are reinventing their resume thanks to Qualtrics.
In addition, key academic institutions globally are offering training for their students on Qualtrics as part of their curriculums, including Cornell, Harvard, Kellogg, MIT, Princeton, Purdue, Stanford, and Yale universities. These students are essential to growing the Qualtrics ecosystem as they bring the platform with them to their new jobs.
Over 3,000 customers, partners and employees have completed the Qualtrics Certification Program to date. Visit https://www.qualtrics.com/certification/ to learn more and sign up for an upcoming course.
About Qualtrics:
Qualtrics is a rapidly growing software-as-a-service company and the leader in experience management. More than 8,500 enterprises worldwide, including more than 75 percent of the Fortune 100 and 99 of the top 100 U.S. business schools, rely on Qualtrics. Our solutions make it easy to measure, prioritize, and optimize the experiences organizations provide across the four foundations of business: customer, product, employee and brand experiences. To learn more, and for a free account, please visit www.qualtrics.com.
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SNHU Rethink Education to Invest 15 Million in Seed Stage EdTech Startups
Manchester, NH - March 22, 2017 - Southern New Hampshire University (SNHU) is teaming up with Rethink Education to create a new $15m seed fund which will invest in ed-tech start-up companies who are tackling some of the most pressing challenges in education. As leaders in education innovation, SNHU and Rethink Education hope their partnership will encourage the nation's best education entrepreneurs, researchers and technologists to explore new, innovative ways to improve access and affordability in the educational pipeline from K12 into the workforce.
"Investing in this initiative with Rethink Education builds on SNHU's more than 85-year history of working to expand access to higher education for all students," said Paul LeBlanc, SNHU President. "We are looking forward to working with, and learning from, bright, passionate entrepreneurs working to solve problems in which we share an interest."
The $15 million investment will be allocated among more than two dozen companies at the seed stage. Together Rethink Education, which is co-managed by Rick Segal and Matt Greenfield, and SNHU will work with early stage ed-tech companies across the country that are using technology and data-driven models to tackle stubborn challenges in the education to workforce pipeline, including access and affordability.
Partnering with Rethink Education will give SNHU insight into the best ideas to increase affordability and access in education. SNHU hopes to help these seed funding recipients incubate their ideas with SNHU's own education innovation experts within Sandbox ColLABorative, SNHU's internal consultancy and incubator of new and alternative business models of higher education.
"Over the last decade, SNHU has proved to be a top innovator in making higher education more affordable and accessible to people around the globe," said Rick Segal, Managing Partner of Rethink Education. "We are proud to be working with SNHU as they double down on their commitment to invest in ground-breaking new ways to bring education within reach for more people."
Seed investments are made at the earliest stage in a company's development. Initial funding, typically about $250k to $750k, will be made available to promising seed-stage companies to help fund their preliminary operations, including research, development, prototyping and market testing. The venture will specifically look for entrepreneurs in education who are mission-driven, have early evidence of product-market fit, demonstrate an innovative and scalable approach and show how their product can be distributed successfully.
For more information about the seed fund, email info@rteducation.com. Please include 'Seed Fund' in the subject line and attach your pitch deck.
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Miller Heiman Group Launches New Integrated Learning Experience Platform Reinforcement App
Denver, CO - March 23, 2017 - Miller Heiman Group, the global leader in sales and service skills and methodology, today announced the launch of two new cloud-based solutions that make workforce learning more effective.
Miller Heiman Group released its new Integrated Learning Experience (ILE) that helps organizations transform their sales and service team performance using modern learner concepts for building skills and reinforcing best practice methodology. Sales and Service training on the ILE includes an intuitive, professional user experience with social features built in, along with gamification and applied learning capabilities. In addition, Miller Heiman Group's Mobile Reinforcement Application helps learners better retain knowledge and skills acquired from Miller Heiman Group courses and consistently put their new skills to work over a much longer period of time.
The Miller Heiman Group ILE training module and Mobile Reinforcement Application are now available.
"Sales and service professionals need to learn and refine key skills that are known to drive performance, but organizations struggle to find the time and resources to constantly invest in the development of their people," said Byron Matthews, President and CEO of Miller Heiman Group. "Knowing that, there are two major factors driving our investment in this innovative new technology; the pressure on organizations to develop and improve their team's performance faster and more efficiently, and the emerging needs of the modern learner. We have taken the most proven and successful sales and service skill and methodology training programs, and enriched them with an extended, interactive experience. The launch of our ILE is a clear example of how we are a new and innovative company because it combines the best aspects of classroom learning with the efficiency and speed of digital learning. In addition, the opportunities for reinforcement and sustaining learning outcomes are dramatically increased with our new Mobile Reinforcement Application."
The addition of ILE is powerful in that it allows organizations to invest more in training and less in travel costs associated with in-person meetings. It also allows training to be deployed more quickly and consistently globally, enabling sales and service professionals to spend more time with customers. At the same time, Miller Heiman Group's ILE platform provides world-class, proven sales and service training experiences that have a lasting impact on sales and service performance. ILE users can learn anywhere, anytime, on mobile devices and tablets. Learners can also collaborate with peers and mentors using gaming and social tools demonstrated to improve retention and drive better business results.
The ILE training module can be used as a stand-alone solution or alongside instructor-led and digital learning modalities to deliver Miller Heiman Group's world-class selling and service skills and methodology in the way that best fits an organization's learning culture.
Each learning module includes outcome-based activities embedded in the learning experience, giving learners real-life simulations for the skills they need to sell more and service better. Learners can revisit modules within the ILE over time to review materials when they need it most.
Research shows that people forget 90 percent of what they learn after one week. Miller Heiman Group's Mobile Reinforcement Application provides a series of proven reinforcement events to maximize long-term retrieval of information, and enable learners to put their knowledge and skills to work in an ongoing way. It includes anywhere, anytime mobile access; provides insights to management for coaching opportunities; is tied to sales enablement tools and planning processes in a CRM; and allows for just-in-time reinforcement.
The most popular and proven Miller Heiman Group sales solutions are available on the ILE and Mobile Reinforcement Application, including Strategic Selling, Conceptual Selling, SPIN Selling, and Professional Selling Skills. More than 2 million sales professionals worldwide have improved their performance using these programs, which have been translated into more than a dozen languages.
"The research is clear. Sellers in organizations with consistent use of a sales methodology dramatically outperform those in organizations that don't deploy a consistent methodology," Matthews said. "With Strategic Selling and Conceptual Selling on ILE, and in our Mobile Reinforcement Application, it is now easier for sellers to adopt and maintain the world's best sales methodologies that lead to breakthrough revenue performance for their businesses."
About Miller Heiman Group
Miller Heiman Group is one of the largest professional services providers in the world and is transforming workforce training into a revenue-driving business initiative based on innovation and technology. Many of the largest and most respected brands in the world work with Miller Heiman Group, which offers the broadest set of sales- and customer-service-based solutions in the market. With 63 offices globally, Miller Heiman Group has the breadth and depth to help every organization sell more and service better. To learn more, visit our website. Follow us on LinkedIn, Twitter, Facebook, YouTube and Google+.
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New Business Book on Organizational Structure by Author Dean Meyer
Danbury, CT - March 23, 2017 - "Look at any organization chart and see who's fighting with whom, who's not making objectives, and who has ulcers!" So claims author and organizational expert, Dean Meyer, in his latest book, Principle-based Organizational Structure, from NDMA Publishing.
This is Meyer's eighth book, the culmination of over 30 years of study and practical experiences leading restructuring projects in dozens of companies, non-profit, and government organizations.
Unlike the myriad other books on organizational design, most of which come from a Human Resources perspective, Meyer treats structure as an engineering science. He lays out clear principles and frameworks, and gives executives practical guidance on how to design their own organizations.
The book goes beyond just organization charts. As Meyer explains, "The more an organization lets people specialize, the better they perform. But if organizations aren't great at cross-boundary teamwork, they create 'silo' groups that are self-sufficient. And that, of course, reduces specialization and performance."
At this point, executives reading the book might say, "Ouch!" Teamwork is a familiar problem. Fortunately, Meyer goes on to explain how to build highly effective teamwork across structural boundaries – not by conventional teambuilding, but with a practical team-formation process.
Another key difference from traditional approaches is what Meyer calls "the business-within-a-business paradigm." Every job is designed as a small entrepreneurship within the overall business. Among the many benefits is that managers at every level understand that they're accountable for serving customers, within the organization and beyond. And it's up to them to keep their businesses competitive through cost savings, reliable delivery, quality, customer service, and innovation.
The book also deals with the challenges of change management, laying out a step-by-step process for restructuring. Unlike many reorganizations where the top executive simply announces a new organization chart, Meyer's process is open and participative, engaging leadership teams in designing and deploying their new structures.
The process begins with a "rainbow analysis," in which leaders color-code their current organization chart based on the types of internal businesses under each of them. This vivid exercise reveals missing functions (gaps), groups trying to be experts at too many different things (rainbows), internal lines of business that are scattered all over the organization, and jobs that focus staff on something other than what they're supposed to be good at.
Principle-based Organizational Structure is a unique combination of vision, science, and pragmatic guidelines and processes. 35 stories and case studies throughout the book bring the principles to life. And Meyer's straightforward style and summaries at the end of each chapter make it an easy read.
Preston Simons, CIO of Aurora Health Care, said, "Frankly, after studying and applying these principles repeatedly, I can't imagine why other executives would depend on their intuitions, or repeat the mistakes others have made under the guise of 'best practices.'"
After reading this book, one has to grant that organizational structure is indeed a science – a practical science that can benefit most any executive.
Selected Endorsements:
"I've been part of the senior leadership of a variety of organizations — startups to large companies — and I never looked at organizational design as a science. This book makes tremendous sense to me. It's profound, and at the same time, practical."Ulrich Pilz, Board Director, multiple companies
"Other books I've read on structure present lots of theories, but no clear guidance. This is breakthrough thinking, and yet Dean makes it so practical and accessible that is seems like common sense."Pat Beach, Director, Corporate IT, SRC Inc.
"This is the first book I've read on organizational structure that makes sense in the real world, hangs together, and comes with an instruction manual on how to implement change."Fred Dewey, CEO and Serial Entrepreneur
"Every executive, from the CEO down, will profit from the lessons Meyer lays out here."Richard Hunter, VP and Distinguished Analyst, Gartner
"This book gives me a transformational approach to redesigning my organization."Karan Powell, President, American Public University
"Market leadership depends on innovative growth strategies, translated into deployable growth initiatives, and an organization that can execute. Principle-based Organizational Structure lays out how to build that organization."Michael Treacy, best-selling author, The Discipline of Market Leaders
"I've applied these principles to my entire company, and it has been an engine for our growth."Sergio Paiz, CEO, PDC
"This book systematically transforms the mystique of organizational design into an open, rational engineering science. It explains how to mature an organization without losing its entrepreneurial spirit, a key ingredient of 'crossing the chasm."Geoffrey Moore, best-selling author, Crossing the Chasm
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Ignite Selling Announces Strategic Partnership with Revenue Partner LLC
Herndon, VA - March 24, 2017 - Ignite Selling, one of the world's foremost providers of sales training and consulting services announced its partnership with Revenue Partner LLC., a sister company of The Alexander Group, Inc. (mailto:https://www.alexandergroup.com) the preeminent provider of Revenue Growth Strategy consulting. The partnership presents a tremendous opportunity for both the organizations to provide its customers with highly personalized programs for enhancing top-line growth and sales productivity.
The partnership will enable Revenue Partner to leverage Ignite Selling's expertise in sales training and use all their proprietary tools and processes like the Selling Skills Interactive Learning Maps, Sales Simulations, and online tools to enable growth. Customers will get to experience Ignite Selling's customized, interactive and experiential learning programs and Revenue Partner's unique ability to align organizational strategy, structure and knowledge to reach their business strategy and reduce the risk of failing in the field. This partnership will enhance both companies' ability to help clients across all industry practices by serving them with a broader portfolio of capabilities that will drive revenue growth and sales productivity.
"I'm excited about our partnership with the top-tier consulting company, Revenue Partner which enhances our ability to deliver end-to-end growth and productivity strategy, leveraging processes, and tools through personalized learning experiences," said Steve Gielda, CEO of Ignite Selling."Working in partnership, Ignite Selling helps us to be uniquely positioned to stretch what's possible in delivering highly personalized and interactive learning experience across channels to the global sales team," said John Hoskins, CSO, Revenue Partner.About Ignite SellingIgnite Selling is a global sales performance improvement company with over eight decades of combined experience in sales, sales coaching, and sales training. With strategic sales consulting and learning alignment approach, Ignite Selling designs custom programs that are unique to their customers' needs and enable them to achieve their specific business goals. Their programs use Interactive Learning Maps™ and Competitive Sales Simulations to give learners an engaging and relevant learning experience and prepare them for their real-world challenges. For more info, visit www.igniteselling.com.About Revenue PartnerRevenue Partner's mission is to help their clients grow their top line. By providing their clients with a wide range of action oriented solutions that are proven to achieve results Revenue Partner is quickly becoming one of the fastest growing sales support and training organizations. The coordination with our sister company The Alexander Group, the preeminent provider of Revenue Growth Strategy consulting provides a full range of services that are unmatched in the industry. For more info, visit www.revenuepartnerllc.com.
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Thought Industries Launches Panorama to Enable Businesses to Seamlessly License and Scale the Delivery of Online Learning
Boston, MA - March 24, 2017 - Thought Industries, one of the fastest growing online learning Software-as-a-Service (SaaS) companies and creators of the world’s first Learning Business Platform™, announced today the launch of Panorama - a comprehensive suite of new platform functionality which streamlines the creation, management and delivery of online content to groups and businesses. Panorama’s licensing and user group management technology also enables businesses to create fully branded online learning experiences and provision multi-tenant license access to courseware and content to dedicated groups of learners or business constituents.
Panorama gives businesses the flexibility they need to support and manage a variety of online learning use cases, such as delivering training courseware to internal departments, licensing content to external B2B clients, or utilizing learning to onboard and educate customers. The functionality is an innovative way to manage an entire learning ecosystem, but also powerful enough to handle unique administrative permissions and content customizations. This gives businesses maximum control over content and accessibility without compromising security, and a offers scalable way to improve bottom-line profitability across multiple lines of business.
The Panorama suite includes:
Branded Experiences: Panorama streamlines the creation of branded online learning experiences by allowing admins to quickly build pages, drop in logos, and customize to fit the look and feel for all companies.
Licensing: Panorama simplifies the seamless delivery of licensed learning and training content directly to B2B clients within dedicated and secure online learning experiences on a custom URL.
Provisioning: With Panorama, businesses have multiple ways to provide learners or groups of learners with access to dedicated learning experiences and content. Easily upload or invite learners via registration, bulk import, redemption codes, or through Single Sign-On (SSO).
Multi-Level Reporting: Track engagement and performance at the learner, course and group/client level, providing a way to optimize the learning experience at all touch points. Also, restrict access to specific data based on permissions, roles, and access.
Content Management: Panorama enables businesses to manage “parent” courses and select which courses -- or groups of courses -- clients get access to. After those selections are made, “parent” courses are linked to these “child” courses so that when any content updates are made to the “parent” course, the “child” course is updated as well.
“Panorama is redefining how companies leverage online learning and is a powerful addition to our Learning Business Platform™. The comprehensive suite of new functionality not only improves the creation and management of courses and content but accelerates the distribution of that content to relevant audiences and clients,” said Barry Kelly, CEO of Thought Industries. “There’s a significant opportunity to improve bottom-line profitability and unlock new revenue streams with online learning, and we’re excited to deliver this innovative platform enhancement to help our clients transform their businesses.”
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Peakon raises 6 5m led by EQT Ventures
London, England - March 27, 2017 - Peakon (www.peakon.com), the London and Copenhagen based people analytics company, today announces the completion of its latest funding round of $6.5M. Lead investor in this round was EQT Ventures, along with Peakon’s existing investors, IDInvest, Sunstone and angel investor, Tommy Ahlers.
Since launching in early 2016, Peakon has been rapidly adopted by hundreds of enterprise clients such as World First, Trinity Mirror, Secret Escapes, and Lombard Risk. Peakon creates tangible improvements to employee engagement and retention through insights delivered via its SaaS platform. These insights are generated through the automated collection of employee feedback via web and mobile apps, which is then analysed using the latest machine learning techniques, to understand what motivates employees, what problems they have, and how those problems can be fixed.
Peakon - founded by Phil Chambers, Kasper Hulthin, Dan Rogers and Christian Holm in late 2014 - already operates across three locations in the UK, Denmark, and the US, and is expected to treble headcount to over 100 in the next 12 months. This rapid growth has been fuelled by its emergence as a leading provider of employee engagement and people analytics software - which Deloitte estimates is already a $1bn market.
Phil Chambers, co-founder and CEO of Peakon said: “We have been overwhelmed by the positive response to our platform, and have found ourselves in the fortunate position of being in a booming market with a leading product. Due to revenue growth, we were already in a solid financial position, and decided to capitalise on this by accelerating our growth plans, particularly in building out our machine learning, data-science, and engineering teams. The EQT Ventures team brings some fantastic operational experience in international scaling, marketing and product and it’s great to have them on board. With a customer base that is growing across Europe and also in the U.S., they’re a great match for us.”
Lars Jörnow, Managing Partner at EQT Ventures said: “AI is tipped as one of the key tech sectors for investors this year, and the team have had an impressive start, demonstrating strong revenue growth and product adoption. We are thrilled to be able to support them for the next stages of the company’s development. Workplace culture and being able to track, analyse and act on employee engagement is becoming increasingly vital for all of the top performing companies in the world.”
About Peakon
Founded in December 2014 by Kasper Hulthin (Podio - acquired by Citrix), Christian Holm (Podio), Phil Chambers (Gumtree – acquired by eBay, Qype – acquired by Yelp, Podio), and Dan Rogers (Qype, Songkick), the Peakon team has a track record of building some of Europe’s most successful technology startups.
Peakon’s mission is to impact the world’s productivity and happiness by using data to create meaningful understanding between employees and their companies. Peakon is a privately held company with offices in Copenhagen, Denmark; London, UK; and Raleigh, US. Peakon works with hundreds of leading enterprises, including Trinity Mirror, Secret Escapes, LHH Penna (part of the Adecco group), World First, Lombard Risk Delivery Hero, Opera, Urban Airship, and Adzuna.
About EQT Ventures
EQT Ventures is a new European VC fund with commitments of just over €566 million and offices in Stockholm, Amsterdam, London and Luxembourg. Fuelled by some of Europe’s most experienced company builders, EQT Ventures help the next generation of entrepreneurs with capital and hands on support. EQT Ventures is part of EQT, a leading alternative investments firm with approximately EUR 35 billion in raised capital across 22 funds. EQT funds have portfolio companies in Europe, Asia and the US with total sales of more than EUR 17 billion and approximately 100,000 employees.
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Scandinavian Health Limited Selects NetDimensions Learning for Regulatory Compliance Training
Hong Kong - March 28, 2017 - NetDimensions announced today that Scandinavian Health Limited (SHL) has selected NetDimensions Learning to replace paper-based processes and enhance training plan management for consistent implementation of standards and regulatory requirements across SHL companies worldwide.
"We are very pleased to partner with the SHL Group to help improve and streamline their training and employee development programs, which are critical to the company's branding initiatives and employee retention," noted Jay Shaw, Managing Director and CEO at NetDimensions.
To keep pace with the speed of growth of its business and employee numbers, as well as to improve efficiency and quality of administrative processes and management of training records, SHL Group needed a robust, centralized solution for training and employee development.
SHL selected NetDimensions Learning because of its proven usability, availability of data exchange interfaces requiring no customization, scalability and ease of integration with existing IT solutions, as well as competent support and consultancy by the NetDimensions team.
Lillian Yao, HR Director at SHL Taiwan said: "The NetDimensions consulting team provided great support during the system requirements gathering process, as well as works proactively and digs into various possible solution scenarios to support all operational and organizational needs of SHL's learning management. We are looking forward to further fruitful and successful cooperation."
About Scandinavian Health Limited
SHL Group (SHL) is the world's largest privately-owned designer, developer and manufacturer of advanced drug delivery devices such as auto injectors and pen injectors. The company has over 3,000 staff globally, with primary design centers located in the USA and Sweden and manufacturing centers located in Asia. SHL supplies auto injectors, pen injectors and inhaler systems to global pharmaceutical and biotech companies. Significant investment in R&D has enhanced the Group's broad pipeline of "next generation" drug delivery systems. These innovative devices include a range of disposable and reusable injectors with fixed or variable dosing, enhanced precision and the ability to accommodate high viscosities.
The SHL Group organization consists of several distinct group companies:
SHL Medical
Designs, develops and manufactures advanced drug delivery devices for leading pharmaceutical and biotech companies
SHL Healthcare
Develops and manufactures equipment solutions for home, hospital and long term care use
SHL Technologies
Provides contract manufacturing and engineering services for the production of complex medtech and industrial products
SHL Pharma
Provides final assembly, labeling and packaging services of drug delivery devices to the pharmaceutical and biotechnology industries
For additional information visit www.shl-group.com
About NetDimensions
Established in 1999, NetDimensions (AIM: NETD; OTCQX: NETDY) is a global provider of learning, knowledge and performance management solutions to highly regulated industries.
NetDimensions provides companies, government agencies and other organizations with talent management solutions to personalize learning, share knowledge, enhance performance, and manage compliance programs for employees, customers, partners, and suppliers.
NetDimensions' solutions also include custom content and learning portal development services, as well as off-the-shelf course libraries and regulatory compliance courseware developed by NetDimensions' subject matter experts and content partners.
NetDimensions' award-winning solutions have been chosen by leading organizations worldwide including ING, Cathay Pacific, Chicago Police Department, Geely Automotive, Norton Healthcare, and Fresenius Medical Care.
NetDimensions is ISO 9001 certified and NetDimensions' Secure SaaS practices are ISO 27001 certified.
NetDimensions is part of Learning Technologies Group plc (LTG).
For more information, visit www.NetDimensions.com or follow @netdimensions on Twitter.
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SumTotal Delivers an Industry First by Unifying Talent Learning Recruitment and Workforce Management into One Suite
Boston, MA - March 29, 2017 - SumTotal, the leading provider of talent management solutions, unveiled a range of new features and additions to the SumTotal Talent Expansion® Suite. The Talent Expansion Suite is the first in the industry to bring talent, learning, recruitment, and workforce management into one platform. This release includes expanded access to learning content, enhancements to the visually engaging user interface, improved browsing and search capabilities, and deployment flexibility to meet the complex technical requirements of modern organizations, both in the cloud and on premise.
The SumTotal Talent Expansion Suite simplifies and streamlines talent management for organizations and engages employees with innovative solutions to know, mobilize, develop, promote, reward, and incentivize global organizations of all sizes.
“Since the acquisition of SumTotal we have invested significantly in bringing a platform that delivers rich functionality on a beautiful consumer-led experience to market. Last year, we brought learning and talent together in our Talent Expansion Suite and with this release, we have a unique proposition in the market - delivering talent, learning, recruitment and workforce management on a single, unified data SaaS platform," said Bill Donoghue, chairman and CEO, Skillsoft. “By bringing all the HCM components into one suite, we are addressing our clients and the market challenges of attracting, retaining, developing, and engaging this multi-generational workforce – delivering a state of the market digital technology experience with cutting edge functionality."
This release of the SumTotal Talent Expansion Suite features a number of new capabilities specifically created to allow organizations of all sizes to measure, understand, and maximize the performance of their global workforce, including:
Career Planning and Job Matching
Career Planning – Advanced algorithms to support internal mobility, which recommends internal open jobs to employees that best fit their profile and career goals.
Job and Competency Matching - New competency metrics provide an at-a-glance dashboard, highlighting areas for development in both current jobs and jobs targeted as part of their career plans.
SumTotal Mobile
Smartphone-optimized access – Provides complete employee profile and resume information, including metrics and details for performance, goals, compensation, learning and development.
Seamless user experience for mobile learning – Users can now seamlessly download courses on the app and launch them offline, regardless of location.
Continuous performance feedback enhancements – With the new SumTotal Mobile App, managers and employees can provide and view feedback, anywhere, at any time.
Windows 10 and Windows Surface integration – Employees can now access content using Windows 10 on their laptop and Windows Surface devices – online and offline.
Next Generation of Performance Management
New single dashboard – Now allows employees to easily review, search, and filter all feedback.
Connect feedback to development plans – Managers can provide feedback to selected individuals, and can link users back to specific goals and competencies.
Optimizing the Learning Process
Streamlined, form-based approvals – Allows organizations to optimize their learning management processes by supporting new forms-based approval workflows that comply with the SF182 and EHRI federal government standards.
Powerful content management tools – Administrative users can now easily publish, manage, and replace content without having to create a new version from scratch.
Workforce Management
New appearance – Unified look and feel with single sign-on capabilities.
Workforce management enhancements – Simple streamlining of daily schedule and shift changes.
New single timeline for managing and completing tasks – New enterprise-search allows a single point for users to search.
About SumTotal Systems
SumTotal Systems, LLC, a Skillsoft Company, is the world’s most popular Talent Management Solution. SumTotal’s award winning Talent Management Suite enables companies to attract, know, mobilize, develop, progress and reward their workforce. With over 150 million users, SumTotal is continuously investing to allow for the changing demands of customers and their users. The Talent Expansion Suite includes four key components – Talent, Learn, Recruit, and Work. www.sumtotalsystems.com
Follow us on Twitter @SumTotalSystems and on Facebook facebook.com/SumTotal.Systems.
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Jamesson Solutions adds talent acquisition services to its training and development practice in partnership with TTI Success Insights
Greensboro, NC - March 29, 2017 - Training and development firm Jamesson Solutions has entered the talent acquisition sector through a value added associate partnership with TTI Success Insights North America. This will allow Jamesson Solutions to market the TriMetrix suite of scientifically valid assessments from TTISI.
A business can easily lose thousands of dollars by filling a position with a mismatched candidate. Using the TriMetrix talent acquisition tools, Jamesson Solutions will help its clients reduce this risk by successfully selecting optimum candidates for open positions at all levels.
Talent acquisition is a natural extension for Jamesson Solutions, which has provided corporate training, leadership development and executive coaching—as well as selling a variety of assessments and business simulations to businesses and trainers—since 2010.
“This particular suite is a fantastic addition to our consulting practice,” says Jamesson Solutions principal Mike Warrick. “Today, talent acquisition tools for employee selection are used by most Fortune 100 companies and our relationship with TTI Success Insights lets us provide the same heavily researched, scientifically valid assessments to organizations of all sizes.”
The TriMetrix suite goes beyond talent acquisition and can also support executive development to retain critical talent. TriMetrix assessments reveal behavioral strengths and weaknesses for valuable one-on-one feedback by instructors or coaches.
Jamesson Solutions can work with HR and talent management—or, in smaller companies, with senior management—to strategically plan selection and onboarding initiatives to assure better hiring, lower costs and more effective alignment of the organization. The company helps determine the best measurements for all positions, administers the TriMetrix selection assessments and advises how best to interpret the information.
Jamesson Solutions can also certify organizations to use the full suite of TriMetrix assessments with any level of support needed, including consultation on choosing assessments, on-call technical support and assistance in making final evaluations.
For more information on Jamesson Solutions talent acquisition and a sample assessment, visit JamessonSoultions.com/talent-acquisition.
About Jamesson Solutions Jamesson Solutions offers leadership, team and organization development focused on achieving measurable improvement now and in the future. The company offers scalability and a range of solutions to fit the needs of small and large businesses, matching human resources professionals, trainers and organizational development consultants with products and services best suited to their requirements. For more information, visit JamessonSolutions.com.
About TTI Success Insights TTI Success Insights believes all people are unique and have talents and skills of which they are often unaware. TTI Success Insights reveals and harnesses these talents, using the Science of Self™. For over 30 years, the company has researched and applied social and brain science, creating assessment solutions consultants in 90 countries and 40 languages use to hire, develop and retain the best talent in the world. Every 7 seconds, someone is taking a TTI SI assessment to increase their self-awareness and grow their career. For more information, visit www.ttisi.com and @TTISI.
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Voxy Announces 12 Million Funding Round Led by Impact-Focused Investors SJF Ventures and Inherent Group
New York, NY - March 30, 2017 - Voxy (www.voxy.com), a unique web and mobile-based English learning solution based on real-world content, today announced a $12M growth equity financing led by SJF Ventures. They were joined by new investor Inherent Group, and existing investors Rethink Education, Contour Venture Partners, Weld North, and GSV Acceleration.
"We are thrilled to partner with SJF and Inherent, two firms that share Voxy's commitment to improving education globally," said Voxy CEO Paul Gollash. "English is the language that powers the global economy, providing the world a common framework to communicate and collaborate. Proficiency in English ensures that individuals have a chance to participate in the economic opportunities of tomorrow."
Learning English can be one of the most challenging tasks adults can face. With this in mind, Voxy set out to create a highly efficient and effective language learning solution that combines a focus on online courses, live instruction, and personalized self-study. "This latest round of funding will allow us to work with more learners in historically underserved regions in support of their economic advancement, replicating our success in Brazil," said Gollash. Leveraging real-world conversations and relevant content, Voxy enables learners to accomplish their goals faster, ultimately driving a positive social impact on the individual and the world.
Arrun Kapoor, Managing Director of SJF Ventures said, "Voxy's differentiated approach and focus on delivering efficacy are very compelling. There are many choices for language learners today, but Voxy stands alone with a proven methodology, personalization technology, and a deep commitment to their students, which has allowed them to grow very rapidly. English is a critical skill needed for those who are looking to advance their careers and improve their lives, and the Voxy solution increases access to high-quality instruction to acquire this skill."
Social impact is becoming increasingly important to global organizations and Voxy clients. Grundfos is the world's largest water pump manufacturer committed to energy-saving behavior and sustainability. The company employs 18,000 people across 80 countries. As part of their long-term Strategy 2020, Grundfos established a critical objective to build a customer-centric and collaborative culture. To reach this goal, Grundfos had to ensure effective communication among its team members, and the global workforce needed English assessments and training programs to enable cross-cultural collaboration and teamwork. "We chose Voxy as our preferred partner because they provided English training that was relevant to the specific needs of our diverse team, as well as training that would support internal knowledge sharing about core business functions and strategic company initiatives," said Gunnar Tindborg, Senior HR Manager.
About Voxy: Voxy is a leading web and mobile-based English learning solution that provides personalized language instruction to major educational institutions, corporations and governments in North and South America, Europe and Asia. Voxy's proven approach draws on more than 30 years of academic research on second language acquisition. Every online course combines adaptive learning technology, personalized live instruction, and authentic, real-world content to support learners' unique needs in real time. Voxy launched in 2010 as one of the most disruptive technology startups of the year, and has since been used by millions of learners around the world. It has been recognized for its innovative approach by major media outlets including the New York Times, Forbes, CNN, Veja and Fast Company, and is backed by leading education and technology investors including SJF Ventures, Inherent Group, Rethink Education, ff Venture, Contour Venture Partners and Pearson PLC. Voxy is headquartered in New York City and has an office in São Paulo. To learn more, visit voxy.com or email press@voxy.com.
About SJF VenturesFounded in 1999, SJF Ventures SJF Ventures invests in high-growth companies creating a healthier, smarter and cleaner future. Our mission is to catalyze the development of highly successful businesses driving lasting, positive changes.
About Inherent GroupInherent Group is an investment firm motivated by a belief in the power of business to address societal challenges. The firm invests in private and public companies whose products and services have positive impact and whose business processes display leading environmental, social, and governance practices. Inherent partners over the long-term with exceptional management teams to improve their businesses' financial and non-financial sustainability.
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