Intellum | July 29, 2022
Intellum, the leader in EdTech for Business, today announced Community, the third component in the Intellum social learning suite and the first in-platform community experience built specifically for corporate education initiatives.
Intellum offers all of the features and functionality associated with an LMS and an LXP and is the only education solution to include content authoring, live event management, and social learning in a single platform. The introduction of Community rounds out Intellum's social learning suite, which also includes group activity streams and both one-to-one and group chat to help organizations engage and educate users through social learning.
Social learning research shows that employees learn largely through observing and imitating the behavior modeled by experienced and successful co-workers and peers. Intellum's new Community offering provides learners with a dedicated space to search for answers, identify experts, and demonstrate their own expertise by asking and responding to questions and voting on the answers associated with concepts and topics of interest.
This empowers learners to do two distinct things: quickly and easily find "just-in-time" answers to pressing questions and author "user-generated content" that is meaningful and increases the learner's visibility among her/his peers.
Because Community lives within the Intellum Platform as part of the broader social experience, administrators can easily embed communities directly into learning initiatives, encouraging users to present questions to a specific group of peers while consuming the curriculum. This presents a compelling reason for learners to stay engaged and to come back to the learning environment more frequently.
"We have been helping clients drive significant learner engagement for years by allowing users to comment on learning content and support each other through cohort-focused activity streams and group chat experiences. But over time we recognized that something was missing. "Social experiences can be fleeting. Clients need to capture their learners' questions and answers in a way that provides long-term value to the education initiative, so we decided to build our own Q&A community into the platform. By integrating formalized curriculum, informal learning, live events and social learning, we make the whole much more valuable than the pieces."
Chip Ramsey, CEO of Intellum
Intellum has a rich history of facilitating social learning. In 2009, the company created Tribe Social (now known as Intellum Social), the first social collaboration tool purpose-built for education. Intellum Social has evolved to include three core social learning components:
Groups are modern vertical activity streams that encourage learners to share links, videos, images, files, and polls to kickstart conversation, collaboration, and engagement with educational content.
Chat allows users to engage in 1:1 or group chats and can be embedded into any experience on the platform, including live events like instructor-led training and Webinars to drive real-time user engagement.
Community gives learners a dedicated space to search for answers, identify experts, and demonstrate their own expertise by asking and responding to questions and voting on the answers associated with concepts and topics they are interested in.
When utilized together, the three components in the Intellum Social suite provide organizations with everything needed to introduce, improve and capitalize on the science of social learning.
Intellum provides the #1 customer, partner, and employee education platform that large brands and fast-moving companies rely on to engage audiences and improve product knowledge, utilization, retention, and revenue. Intellum's scientific, data-driven approach is based on 20+ years of industry experience and the Intellum Platform includes all of the tools an organization needs to create, deploy, manage, track, and continuously improve highly personalized, engaging educational experiences.
ENTREPRENEURS AND LEADERS
Genius Group Limited | July 05, 2022
Genius Group Limited , a world-leading entrepreneur Edtech and education group, today announced that Zacks Small-Cap Research , a division of Zacks Investment Research and a leading equity research firm, has initiated coverage of GNS at a valuation of $18.40, above the recent $9-10 trading range. 2022 revenue is estimated at USD 34.3 million, a 268% increase over 2021, and looking ahead, expects GNS to generate positive earnings by the 3rd quarter of 2023.
Brad Sorensen, CFA, Senior Equity Research Analyst with Zacks/SCR, states that GNS is on a mission to change the way people experience online education by making it more about the student. Through technology, vision, and a unique approach, he feels that Genius is bringing AI-involved learning to the masses. He views GNS as having a great management team and a solid balance sheet, believes the aggressiveness GNS has shown in expanding its offering is encouraging and sees the integration of acquisitions as vital to the company’s success. In an effort to expand its offerings and broaden its portfolio, particularly in the U.S., GNS acquired four companies to give GNS a total of eight companies under its umbrella and a roster of offerings that can reach people at virtually any stage of life.
Sorensen recognizes that the size of the potential market is enormous, with one estimate of $10 trillion in 2030, as the interest in virtual learning has undoubtedly increased as a result of the remote lives many people have been forced to live over the last couple of years. He points out that GNS may be doing things in a different way that might be able to connect in a more effective way with students, both adults and children, who have had a lack of success with some of the other existing providers. From his point of view, GNS appears to be offering a different way of learning, one that engages students by learning what they love and teaching them in that way.
Normally, with a company such as GNS, Sorensen would often look to comparable companies for valuation metrics. But, acknowledging market conditions as of late and that he views Genius as a unique company, he elected to use the discounted cash flow method to come up with what he believes is a fair, and fairly conservative, valuation for GNS. The two biggest risks to his investment thesis are the successful integration of the four new companies and the timing of the U.S. rollout.
About Genius Group Limited
Genius Group is a Singapore-based Edtech and education company engaged in providing educational services in over 200 countries. It aims to develop an alternative lifelong learning curriculum and make its educational products accessible worldwide to all age groups.
About Zacks Small-Cap Research
Zacks/SCR prepares company-sponsored, independent research and related content for distribution through a multitude of investor and media channels, both traditional and social. Zacks/SCR delivers broad awareness among investors worldwide, creates deep understanding of the company and generates significant interest in investment. Zacks/SCR advantages are the quality of its analysts, the depth of its research and the breadth of its distribution.
CORPORATE LEARNING SYSTEMS
INTERPLAY LEARNING | August 29, 2022
Workplace safety is a top priority for companies across the globe. To help businesses keep their employees safe, Interplay Learning is releasing new workplace safety training for the essential skilled trades.This on-demand training includes new courses on Bloodborne Pathogens Awareness, Heat Stress Recognition and Prevention, Hazard Communications, Electrically Safe to Work Procedures, Hot Work, and more. With Interplay's affordable safety training courses, companies can quickly equip their teams with the knowledge and skills to perform work safely and minimize risk.Interplay's Safety catalog will include more than 30 hours of workplace safety training featuring short, entertaining videos that can be accessed on demand from a phone, tablet, or desktop computer. The catalog also features a hands-on, 3D simulation course teaching the tasks and requirements of establishing safe work conditions when working with electricity. Companies using Interplay can quickly deliver consistent training to their entire team and allow workers to train in their downtime. Interplay also makes it easy for companies to track compliance and comprehension using course assignments, built-in quizzes, and progress tracking. With these new offerings, Interplay now offers one-stop-shopping for both safety training and award-winning, hands-on skilled trades training. Employees can quickly gain the knowledge to work safely while also taking advantage of a full online catalog of hands-on technical training for HVAC, Electrical, Plumbing, Multi-Family, Facilities Maintenance, and Solar. Using short video courses, immersive 3D simulations, VR, knowledge checks, and coaching, Interplay can rapidly train and upskill workers for increased productivity.
"Interplay gives companies the best of both worlds by offering safety and technical training in one affordable online training solution, "We are excited to help companies build a culture of safety, reduce incidents, and keep workers healthy while also giving them a pathway to develop the technical skills of their entire team."
Doug Donovan, CEO of Interplay Learning.
Interplay's safety training will help prepare workers to identify and avoid potential hazards, equipping them with the skills to handle situations effectively and giving employers increased confidence that their workforce is ready to take on jobs safely and effectively. Interplay Learning, a global provider of scalable, highly effective hands-on digital learning simulations for the HVAC, plumbing, electrical, solar and facilities maintenance industries, is building better training, better careers and better lives for its customers and their employees. Interplay Learning's digital experiential learning platform, SkillMill, conveniently turns any space into a training lab with short video courses, 3D simulations, knowledge checks, and other advanced features that prepare users to be job-ready in weeks, not years.
About Interplay Learning
Since 2016, Austin-based Interplay Learning has been building better training, better careers and better lives for its customers and their employees. Its award-winning online and VR training for the essential skilled trades, including HVAC, Plumbing, Electrical, Solar, Multi-Family Maintenance and Facilities Maintenance workforces, is scalable and more effective than traditional training methods. By leveraging immersive learning technology, Interplay's customers are able to train and practice hands-on learning from a desktop, phone, tablet or in virtual reality. The result is a highly trained employee who is job-ready in weeks, not years. Its digital learning platform, SkillMill, conveniently turns any space into a training lab with its short video courses, 3D simulations, knowledge checks, coaching and connectivity. Recent accolades include recognition by Fast Company's World Changing Ideas Awards in the Education, General Excellence and On the Rise categories. Welcome to the next generation of the skilled labor workforce.