SkillSoft

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SkillSoft Public Limited Company provides e-learning and performance support solutions for enterprises, government, education, and small to medium-sized businesses worldwide.   Its products include SkillChoice Multi-Modal Learning Solutions that provide resources to support formal training and informal performance support needs; SkillPort, a learning management platform that enables organizations to manage their e-learning programs; SkillSoft Dialogue, a virtual classroom platform designed for the assembly and delivery of live and on-demand learning sessions; KnowledgeCenters, which are prepackaged learning portals that allow learners instant access to content; Business Impact Series titles, which are audio-driven dramatizations of workplace business problems and related solutions; Challenge Series titles that are interactive case studies focused on content analysis, problem solving, and decision making; Business Skills Courseware Collection comprising 2,200 courseware titles and simulations encompassing management/leadership, project management, sales and customer-facing skills, business strategy/operations, finance, and human resources; IT Skills and Certification Courseware Collection, which includes 2,450 courseware titles encompassing software development, operating systems and server technologies, Internet and network technologies, enterprise database systems, and Web design; Desktop Skills Courseware Collection consisting of approximately 800 courseware titles to assist professionals who rely upon desktop applications and also supports industry certification; and Legal Compliance, Federal Government Compliance, and Environmental Safety and Health Courseware Collection designed to address federal requirements that govern federal employees. It also provides online mentoring services, IT and business books to online subscribers, executive content services, and professional services. SkillSoft is headquartered in Nashua, New Hampshire.

<div>  <p>    Skillsoft Corp. is a global leader in corporate digital learning and talent development solutions. The company provides transformative learning experiences to help organizations and individuals prepare for the future of work and overcome critical skill gaps. Skillsoft offers a comprehensive suite of content and platforms, including on-demand courses, live events, and practice labs covering areas such as leadership, business skills, technology, compliance, and more.  </p>  <p>    Skillsoft's key products and services include:    &bull; Percipio - An AI-driven online learning platform that delivers personalized learning experiences    &bull; Content library - Thousands of courses, books, audiobooks, and videos on business and technical topics    &bull; Codecademy - Interactive coding education and practice    &bull; Instructor-led training - Live virtual and in-person training programs    &bull; SumTotal - Learning and talent management software suite    &bull; Assessment tools - Skills benchmarks and diagnostics    &bull; Certification prep - Training for IT and professional certifications    &bull; Custom content development - Tailored learning solutions for organizations  </p>  <p>    In recent developments, Skillsoft has been expanding its artificial intelligence and generative AI capabilities. The company introduced new AI-powered features in its Codecademy product, including prompt engineering functionality, code explanations, and a virtual coding assistant. Skillsoft also launched CAISY, an AI-powered conversation simulator for leadership training. Additionally, the company acquired Codecademy for USD 525 million in April 2022 to enhance its technology skills offerings.  </p></div>

Skillsoft

Skillsoft Expands SAP Partnership to Drive Skills-Based Workforce Planning and Talent Development

Modern tools to train and motivate staff, and bridge emerging skill gaps.

EdTech: Corporate Learning

Learning content | Career development includes providers of content libraries and customized courses focusing on learning and developing skills directly related to job roles and careers (including hard skills, soft skills, and skills in demand). Delivery styles are varied and include in-person or virtual classrooms, mobile learning, and micro-learning. A variety of technologies may be employed such as video-based learning, artificial intelligence-based (AI-based) and adaptive learning, augmented reality (AR), and virtual reality (VR).

Massive open online course (MOOC) platforms allow large numbers of users to sign up for various courses from multiple sources, offering a flexible and affordable means of upskilling and reskilling.

Coaching, tutoring, and mentoring platforms connect employees with experts and specialists who provide personalized training and development support.

Technology platforms such as learning management systems (LMS), learning experience platforms (LXP), and learning content management systems (LCMS) host in-house or third-party content, track progress, and generate analytics. Content development tools comprise authoring and course-building tools for instructional designers, corporate trainers, and educators. Content development tools comprise authoring and course-building tools for instructional designers, corporate trainers, and educators.

Learning and engagement tools include platforms that offer adaptive learning, gamification, immersive learning, and microlearning solutions that can be used by enterprises for the delivery of learning content.

Service providers include those offering digital credentialing and identity authentication solutions, among others.

Learning content | Supplementary skills includes providers of content libraries and customized courses focusing on learning and developing supplementary skills. Delivery styles are varied and include in-person or virtual classrooms, mobile learning, and micro-learning. A variety of technologies may be employed such as video-based learning, artificial intelligence-based (AI-based) and adaptive learning, augmented reality (AR), and virtual reality (VR).

HR Tech

Companies that offer AI-powered tools to support interview-related activities, including interview note-taking, candidate screening, skills testing, and other behavioral insights

Companies that develop AI-powered tools to streamline skill management tasks, including developing training flows, managing employee learning, and creating personalized training and coaching programs. This segment also includes companies that develop GenAI assistants to handle employee queries related to the organization and related processes

Companies that utilize GenAI and machine learning to generate analytics, insights, and dashboards related to human resource management, including employee lifecycle, recruitment, retention, behavioral and social insights, inclusion, compensation, rewards, workforce engagement

Companies that develop AI solutions to manage the employee feedback cycle, including feedback cycle setting, goal setting, developing feedback surveys, analysis of surveys, maintaining job descriptions, and career progression mapping. This segment also includes companies that utilize AI tools to analyze and maintain workplace diversity and inclusiveness

Companies that offer AI-powered tools to recruitment-related activities, including creating job descriptions, sourcing talent via various channels such as social media, carrying out background checks, candidate tracking, and engaging with potential candidates. This segment also includes freelance recruitment platforms that utilize AI-powered tools to match candidates with suitable roles

INCUMBENTS_PRESENT

PROMINENT_CATEGORY

<div>
 <p>Skillsoft, a firm specializing in employee learning and development solutions, has joined hands with Microsoft to launch a new GenAI skilling program. The objective of this program is to improve the use of Microsoft AI and AI technology in organizations.</p>
 <p>This partnership is centered on a detailed skills plan developed on Skillsoft's AI Skill Accelerator. The plan incorporates training methodologies making use of Microsoft's Azure Open AI. The primary goal is to provide businesses and their workforce with the necessary skills to handle AI technologies, which will eventually lead to increased productivity and innovation.</p>
 <p>The initial phase of the program has received positive feedback, with attendees indicating immediate application of the skills obtained. It's anticipated that the program will elevate the AI maturity and adoption levels in companies within a three-month period.</p>
 
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