Penny AI | November 02, 2022
Penny AI, a global leader in data-driven direct sales enablement, is launching Learning Solutions, to empower social sellers with engagement-based micro-learning.Having raised $27 million in Series B funding, Penny is committed to investing in onboarding, continuous learning and social commerce to innovate how sellers are set up for success from day 1. Today’s launch is the industry’s first micro-learning experience embedded into a social sales enablement platform. Learning Solutions delivers big wins in small doses right in the flow of work.
To lead the development of the Learning Solutions product, Penny AI brought in Lauren Mason Carris, Ph.D. for her expertise in adult learning and skills-based personalized learning software. Lauren built out a product team to develop a behavior-based digital learning experience that marries how adults actually learn with what social sellers need in order to succeed.
“The hardest part of building a business is juggling learning while doing. Our new Learning Solutions delivers continuous training in the place of work (Penny) allowing sellers to learn about the industry, their company and business-building activities all while completing tasks. In effect sellers are learning while doing, For learning to work, it must be effective, relevant, just enough, and just in time. So that’s exactly what we’ve built.”
Lauren Mason Carris, VP of Product at Penny.
Learning Solutions is the natural next step to support social sellers as they build their business with Penny. It’s the first platform in the market that combines learning science with in-the-flow application of learned material. Learning Solutions include:
A best-in-class social selling curriculum
Gamified learning experience
Micro-doses of content
Skills application for revenue-focused tasks
Insights into learning retention and business impact
The ability for partners to turn their own content into behavior-based learning modules
Learning Solutions is designed to solve corporate and sellers onboarding challenges, ensuring every seller receives the right training at the right time, so they can successfully build a business. When I talk to anyone in the social sales community, be it corporate teams, leaders or sellers, one of the top challenges to organizational growth and long-term success is the staggering levels of seller churn because of ineffective onboarding and training,” says David Abbey, CEO & Co-Founder of Penny AI. Software done right changes lives and I believe that with Penny Learning Solutions we’ll see time to revenue for new sellers decrease, seller retention increase, efficiency and overall confidence increase, and as a result the life time value of the end customer increase.
Penny is an AI-powered platform built for modern social sellers. Focused on customer-centric processes that help the field build and grow their businesses with simple, repeatable steps in small pockets of time, Penny is customized to suit the unique business needs of each client.CEO & Co-founder, David Abbey and CTO & Co-founder, Chirs Noble created Penny to support David’s wife’s global social sales business when all other online tools were lacking the customer-centric approach so crucial to social sales success. Fast forward to today, Penny is transforming the social sales industry having identified a gap in the $200 billion industry for digital innovation that drives revenue growth, seller retention and customer satisfaction.
Magic EdTech | November 30, 2022
Digilangua, a New York-based provider of a digital library of comprehensible novels, has partnered with Magic EdTech to offer an added solution for language teachers. The solution will empower educators with digital access to their publications and enable continued contact with languages being acquired. It will be available to teachers and students worldwide. Digilangua's digital initiatives for teachers and students will be powered by Magic EdTech's flagship technology solution, MagicBox™, an award-winning SaaS digital learning platform, accessed by over 6 million users globally.
Easing Education Delivery and Access
With close to a decade of success in publishing comprehensible novels, Digilangua seeks to broaden its scope by providing access to its learning materials via a digital platform. The company is an established leader in the publication of compelling, comprehensible novels. To date, their offerings include stories in Spanish, French, German, Italian, and English. The transition to MagicBox™ will allow the company to offer its libraries in a format compatible with multiple devices and operating systems. Digilangua will also continue to provide traditional physical textbooks for those who prefer them.
"We are very excited to be leveling up our business to provide a stable, workable platform for students and teachers,Magic Box is going to allow readers to better interact with the stories in our library."
Jennifer Degenhardt, co-owner at Digilangua.
MagicBox's eReader will allow interactive and personalized learning in addition to online/offline capabilities for a smooth learning experience. We are excited to partner with Digilangua and help them share their digital learning content globally," said Dipesh Jain, VP of Sales & Marketing at Magic Edtech.
About Magic Edtech
Magic EdTech is a New York-based technology company with over 30 years of Education experience. Its flagship platform, MagicBox™, is focused on creating and conceptualizing digital learning solutions for K-12 and higher education. The platform is being used by over 6 million students worldwide.
Digilangua is an online platform offering comprehensible novels with accompanying audio geared towards readers learning second languages. Novels are written with level-appropriate language and grammar, focusing on the repetition of both to aid in learning. An up-and-coming company, Digilangua has readership all over the world.
CORPORATE LEARNING SYSTEMS
Training Industry, Inc. | December 15, 2022
Qstream, the leading enterprise microlearning and knowledge reinforcement platform that revolutionizes how businesses empower their employees through individualized learning, was recognized by Training Industry, the leading research and information resource for corporate learning leaders, as a 2022 Top Assessment and Evaluation Watch List Company. This marks the third consecutive year Qstream has been selected for the award. Qstream's award-winning technology works alongside your existing learning tools and programs to create engaging, personalized learning journeys that are scalable and measurable. Employing a unique approach to evaluating training effectiveness and measuring outcomes, Qstream assesses learners' knowledge levels in real time and provides managers with insights, analytics, and coaching recommendations on team and individuals proficiency. At a higher degree, these insights allow organizations to correlate learner proficiency to job performance and business impact. Additionally, Qstream's integration capabilities with the LMS, HR Systems, CRM and other tools combine this data with proficiency metrics to provide a holistic view of workforce performance.
"Typically, managers merely guess which topics their employees need training on. With Qstream, managers can assess their team's baseline knowledge and capabilities which helps them recognize where knowledge gaps are,With Qstream, learning leaders and managers get insight into where to focus their training efforts, saving them time and money. We are thrilled that Training Industry recognizes the value that Qstream brings to our customers and are honored to receive this award for the third year in a row."
Dan Whelan, CEO at Qstream.
It's critical that organizations take a more strategic approach to L&D in 2023," says Lauren Boynton, Director of Customer Success and Strategic Accounts at Qstream. "Qstream's programmatic approach enables continuous learning journeys that promote exponential employee growth and business success. This recognition solidifies our place in the learning ecosystem as organizations move toward this model.
Qstream is the leading enterprise microlearning and knowledge reinforcement solution proven by science and in practice to boost learner performance. Hundreds of organizations rely on Qstream to build high-performance teams by delivering a personalized and agile learning experience that delivers the highest levels of retention, engagement and efficiency along with analytics that provide precision insights and expose a real-time view of performance readiness.
About Training Industry, Inc.
Training Industry is the most trusted source of information on the business of learning. Our authority is built on deep ties with more than 450 expert contributors who share insights and actionable information with their peers. Training Industry's courses, live events, articles, magazine, webinars, podcast, research and reports generate more than 7.7 million industry interactions each year, while the Top 20 Training Companies Lists help business leaders find the right training partners.