Enterprise Learning Strategy & Experience
The Challenge: A global insurance organization with over 100,000 employees is undergoing a significant M&A
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Executive Summary
The new skilling market made highlights this month. HR technology learning vendors are developing new capabilities to expand their footprint and integrate assessments, skill analytics, learning systems, data on supply and demand skills, and content development to create an engaging learning experience while using AI to develop learning pathways based on gaps, experience and aspirations.
In the same line of thinking, we saw the acquisition of CorpU by Udemy that is targeting to enhance learning experiences and content creation for leaders and executives. Pearson acquired Faethm, bringing analytics in the context of how future workforce, skills, and technology impacts to prepare organizations for the future of work.
To accelerate growth, many organizations are injecting capital and building partnerships to bring a unique and/or combined value proposition to clients: Filtered signed a partnership with Go1, Betterworks with Ultimate Kronos Group, Glider AI with TalentNet, Grayscale raised $3.25 million, Pymetrics received investment from ETS, and Veritone closed acquisition of PandLogic.
On the Cloud-based HR and payroll software front, Paylocity acquired Blue Marble Payroll to expand payroll capabilities in international markets. Papaya Global raised $250 million in series D reaching $3.7 billion valuation. Based on the information available, the company is preparing for an initial public offering (IPO) within the next two years.
The HR Technology conference 2021 in Vegas is around the corner and there is a great line-up of HR technology organizations with new capabilities and offerings. It’s worth joining to interact with them. See you there!
Market Insights
Impact: This is a great opportunity for LMS and LXP vendors to expand its learning experience and AI capabilities assist individuals/organizations to create content “from scratch” and publish it in the platform.
Impact: The acquisition will allow organizations to connect their Talent & Skilling strategy and identification of skills needed for future market/workforce demands with the ability to skill organizations at scale
Relevant Articles
Events
Art of the Possible
More to come! Stay tuned.
Note: All views expressed on this article do not represent the opinions of any entity whatsoever with which I have been, am now, or will be affiliated. My opinions are my own.
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Albert brings global market research experience to help executives harness intelligent technologies, reinvent HR, re-skilling and employee experience across NAR, APAC, LATAM and EMEA regions.
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