As Instructure Revenue Grows, Questions Emerge Over Bridge Corporate Learning System

edsurge | October 31, 2019

Instructure’s third quarter performance left some investors beaming, but the company’s long term strategy appears more muddy. For one, the CEO of the learning management system provider didn’t shirk away from a possible sale of its corporate LMS, Bridge, which launched in 2015. “Nothing is off the table,” Dan Goldsmith told investors in response to a question about a sale or spinoff of Bridge, according to a transcript of the company’s earnings call Monday. He continued: “But the focus for us is really making Bridge successful, making Bridge financially beneficial and accretive and healthy and then continuing to grow over time.” Goldsmith promised more details at an investors event Dec. 3 at the company’s Salt Lake City headquarters. But until then, here are some highlights from the earnings call and how analysts have reacted. Perhaps best known for its Canvas LMS for K-12 and higher education, Instructure bested Wall Street expectations for the quarter that ended Sept. 30. The company reported $68.3 million in revenue for the quarter, a 23 percent increase year over year. Most of that revenue came from subscriptions and support services. Instructure has more than 4,000 customers, which includes learning institutions and companies.

Spotlight

Marshall E-Learning, have launched an Inclusive Managers Toolkit. Aimed at middle managers across public and private sector organisations, this inclusion themed toolkit is designed to build managers’ skills and confidence.

Spotlight

Marshall E-Learning, have launched an Inclusive Managers Toolkit. Aimed at middle managers across public and private sector organisations, this inclusion themed toolkit is designed to build managers’ skills and confidence.

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ONLINE EDUCATION

Interplay Learning Partners Warren Central High School

Interplay Learning | February 22, 2023

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EDUCATION TECHNOLOGY

DeepHow and UL Solutions Collaborate to Bring Video-Based Training on ComplianceWire

DeepHow | January 04, 2023

UL Solutions recently announced selecting DeepHow's AI-powered video-based training platform to enhance and add a robust capability to the renowned compliance training learning management system (LMS), ComplianceWire, for life sciences companies. All organizations in the life sciences need to provide their employees and contractors with mechanisms for continual skill development and competency management. UL Solutions' ComplianceWire is a platform that manages, tracks, and delivers qualifications and task-based technical capabilities in an environment driven by compliance. UL Solutions provides a comprehensive library of over 400 life sciences-specific courses, 110 of which were developed in collaboration with the FDA. With the integration of DeepHow's video-based skills collection and delivery capabilities into ComplianceWire, UL Solutions' life sciences customers can now optimize their training delivery with captivating videos. DeepHow empowers training content managers to collect instructional content using a smartphone and turn it into engaging and impactful videos that enhance training delivery. DeepHow integrates the most recent developments in artificial intelligence, computer vision, natural language processing, and knowledge mapping to transform the way in which knowledge is digitized, captured, and structured. The company has developed and distributes an AI-powered workforce readiness platform for workplaces where capabilities are required to conduct standard operational procedures. The company makes it easier to gather and share technical skills and knowledge, which cuts project time by a factor of ten, improves employee performance by 25%, and cuts overall training and development costs by a large amount. About UL Solutions UL Solutions, a world leader in applied safety science, converts sustainability, safety, and security concerns into opportunities for customers in over 100 countries. UL Solutions provides inspection, testing, and certification services, in addition to software solutions and consultancy services, to support business growth and product development. The UL Certification Marks represent an unrelenting commitment to improving the safety mission and serve as a recognized symbol of confidence in the customers' products. The company assists customers in innovating, introducing new products and services, navigating global marketplaces and intricate supply chains, and growing sustainably and ethically for the future. About DeepHow DeepHow was founded in 2018 by a group of researchers and engineers who used to work at Siemens. They saw an unmet need in the skilled trades market to transfer knowledge. They created a platform for capturing and learning from video-based knowledge that is powered by AI and fills the skills gap in the manufacturing, construction, and service industries. DeepHow makes it easier to capture knowledge by using AI workflow indexing and segmentation.

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ONLINE EDUCATION

Alteryx Launches Upskilling Initiative for Data Literacy

Alteryx | March 02, 2023

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