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

Once you have decided to outsource your eLearning requirements, it is highly important to choose an appropriate eLearning vendor who will understand your needs and deliver the output you desire. Considering the fact that there are hundreds of eLearning vendors out there, you definitely need to analyze a few things before choosing one of them.In this infographic, we will be providing you with a checklist which will help you choose the perfect eLearning vendor for your training requirements!

Spotlight

Once you have decided to outsource your eLearning requirements, it is highly important to choose an appropriate eLearning vendor who will understand your needs and deliver the output you desire. Considering the fact that there are hundreds of eLearning vendors out there, you definitely need to analyze a few things before choosing one of them.In this infographic, we will be providing you with a checklist which will help you choose the perfect eLearning vendor for your training requirements!

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V School Collaborates With Sustainable Startups and Meta to Provide Tech Training Scholarships for Utah Valley Women

V School | June 15, 2022

Sustainable Startups and Meta have teamed up with V School to offer a $1 million partial scholarship and one full-ride scholarship covering V School’s UX/UI design and web development programs online. The applications for the scholarships are open through November 1st this year. The winners of the scholarship will be announced on 8th November. "This is a truly life-altering opportunity for women in Utah Valley to break into tech and start building the lives they deserve. We are so grateful to Meta and Sustainable Startups for their commitment to closing the skills gap and for partnering with us on this cause." - MO Reeder, V School Co-founder V School’s pioneering programs are mastery-driven, while graduation is completed only once students land an impressive job instead of merely completing the coursework. According to a V School graduate, V School feels like a one-of-a-kind community where their whole goal is to get you prepared for a job and do everything in their power to make you more marketable. You Belong in Tech Scholarship Eligibility. The You Belong in Tech Scholarship of value $21,000value requires applicants to be women residing in Utah Valley to be eligible. They must apply byNovember 1, 2022. Partial Scholarship Eligibility In addition to the You Belong in Tech Scholarship, V School is offering $4,000 per student or$1Min partial scholarships to qualified applicants inthe United StatesandCanada.

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EDUCATION TECHNOLOGY

LearningMate acquires JobReady.Me, creating a complete employment readiness platform for colleges and workforce agencies around the world

LearningMate | July 12, 2022

LearningMate, the leading technology and content solutions company supporting edtech companies, educational institutions, government, and workforce agencies around the world, today announced its acquisition of JobReady, an online platform delivering high-quality, affordable, relevant career pathways and credentials for the 21st century to a million job seekers and career shifters. In recent years, demand for new types of credentials has risen rapidly, and JobReady has helped workforce agencies, community colleges, and universities respond to this demand. The combination of the JobReady platform with LearningMate’s services and Frost's content management suite creates a powerful, end-to-end, lifelong learning and credentialing solution for workforce agencies and educational institutions to meet the fast-changing needs of employers and job-seekers across the world. “In the past 18 months, JobReady has issued thousands of job-aligned credentials and created learning pathways for hundreds of careers, empowering colleges, workforce programs and training organizations to rapidly configure and establish affordable options for job seekers,” said Bill Hughes, CEO and founder of JobReady. “By joining the LearningMate family, the team will have access to the resources and technology capabilities needed to support this rapid growth and meet the needs of job-seekers and employers everywhere.” “LearningMate and JobReady share a common vision for lifelong learning. I am excited to welcome JobReady customers and employees to the LearningMate family, JobReady customers will benefit from a world-class services team backed by one of the largest Edtech solutions companies in the world.” Samudra Sen, LearningMate’s CEO About LearningMate LearningMate is a Straive group company that focuses on the needs of next-generation learners. The company builds on a strong foundation of learning design with progressive technology, digital media, and engineering solutions to connect today’s learners, educators, administrators, policymakers, and content creators with the information, tools, and solutions they need to be successful. With six consulting offices in the United States, the United Kingdom, Canada, and India, LearningMate serves a global clientele of education publishers, traditional and non-traditional EdTech companies, K-20 schools, universities and career colleges, government agencies, non-profits, corporate learning departments, and education consortia. Learn more at http://www.learningmate.com. About JobReady JobReady is an adult-education and workforce development solution that connects learners to careers and provides affordable career skills training to individuals to improve their job readiness. Together with its partners JobReady offers a unique combination of a deep, career-fit assessment and curated career-aligned course collections from thousands of courses, enabling job seekers to follow upskilling pathways that lead to jobs and promotions. Initial pathways include cybersecurity, data science, project management, IT and networking, software development, skilled trades, manufacturing, project management, business skills, leadership, and certifications.

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EDUCATION TECHNOLOGY

KPA Compliance Training Receives Online Learning Library Top 20 Honor for Fifth Consecutive Year

KPA | July 16, 2022

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