prnewswire | January 21, 2021
Labor force improvement pioneer Penn Foster today declared a critical new speculation from BayPine and Two Sigma Impact to quicken the form out of its computerized learning stage zeroed in on planning frontline laborers to flourish inside high-development, high-expertise occupations. The two speculation organizations will band together with Penn Foster to acquire new capacities information science and trend setting innovation to help the organization keep on contribution down to earth, reasonable answers for its understudies.
"Skill gaps and economic mobility are, in many ways, two sides of the same coin," said Frank Britt, Chief Executive Officer of Penn Foster. "This investment reflects our belief that the combination of advanced labor market analytics with low-cost digital training can help individuals make better-informed decisions about their educational investments. It's about enabling employers to close skill gaps by identifying and creating career paths for historically untapped talent."
A computerized learning stage that works in association with bosses, public labor force offices, and local area based associations, Penn Foster conveys expertise based preparing for in excess of 300,000 working students every year. Notwithstanding offering authorize projects and declarations in fields going from medical care to talented exchanges, Penn Foster accomplices with significant managers, including Lowe's and Walmart, to give secondary school recognition and vocation instructional classes that are regularly entrances to higher pay jobs.
"Two Sigma Impact believes that by focusing on creating a better workforce, we can create long term value and better business outcomes," said Ian Blasco, Partner at Two Sigma Impact. "We are excited to work with Penn Foster to apply advanced data science techniques to the development of dynamic, skills-based training that is tightly coupled with the demands of the labor market."
"For decades, Penn Foster has been at the forefront of delivering flexible, affordable, and job-relevant development programs that have redefined the intersection of education and work," said Anjan Mukherjee, Managing Partner at BayPine. "The implementation of digital transformation initiatives to unlock human potential is core to our thesis, and we look forward to working closely with management to develop a modern, agile platform at Penn Foster that leverages the power of data to drive better outcomes for working learners."
In "Unstuck in the Middle," a white paper delivered by Penn Foster a year ago, the organization put forth the defense that perceiving ability fulfillment along a range could open financial versatility for laborers utilized in positions that require in excess of a secondary school confirmation however not a long term degree. As per the National Skills Coalition, while center ability occupations make up the biggest segment of the US work market, only 44% of laborers are right now prepared to the center expertise level. A new report distributed by the philanthropic, Opportunity@Work, proposes that the assessed 71 million Americans who need four-year degrees, however are "Gifted Through Alternative Routes" (STARs), speak to an undiscovered pool of ability for US bosses.
"The critical need for different ways to approach training and education for workers has become more prominent in the past few years, and the pressure on our economy created by the pandemic has only emphasized that the time has come for a workforce transformation," said Ann Ruble, Operating Partner at Two Sigma Impact. "New data-driven approaches to learning will help expand access to training in high-demand fields for both workers and employers at a time when it is needed most."
This speculation speaks to the following period of Penn Foster's development following an effective organization with Bain Capital Double Impact, the effect contributing unit of Bain Capital. Terms of the exchange were not unveiled. Macquarie Capital filled in as monetary guide and William Blair and Company as co-consultant to Penn Foster. Everberg Capital additionally partook in the exchange. Jamieson gave exchange the board guidance.
Zovio | December 24, 2021
The University of Arizona Global Campus (UAGC) proudly announced today a new education partnership with the National Sheriffs' Association. The new partnership offers 35% off tuition for bachelor's and master's programs for qualifying members of the National Sheriffs' Association and their immediate family members. The program is open to its 22,000 members nationwide, and selection is subject to terms and conditions.
"We are extremely pleased to welcome the National Sheriffs' Association to the UAGC family. There is no greater power than the power of education, and we take great pride in helping people strive to learn more. We look forward to watching sheriff department members from across the country discover new opportunities by choosing to continue their lifelong learning journey."
University President Paul Pastorek
Sheriffs' departments work to serve and protect citizens all around this country every day. The new partnership with UAGC provides a flexible online model and class format conducive to the scheduling demands that go along with working in this vital profession. Coursework can be completed from any location and students are afforded the opportunity to take classes that accommodate their lifestyle and schedule. Students can leverage their employer-sponsored tuition program to start or complete a degree through courses that, depending on the degree level, last five or six weeks which enable them to study at the times that work best for them.
The program is managed by Zovio Employer Solutions (ZES), which is an important service provided by Zovio. Zovio Employer Solutions helps more than 1,300 companies and organizations across the country optimize usage of their corporate tuition assistance programs in partnership with the University of Arizona Global Campus. This includes full tuition grants and reduced tuition programs through the University of Arizona Global Campus.
"Zovio has and will continue to work strategically with UAGC to explore new pathways to support student success," said Zovio's CEO Randy Hendricks. "In partnership with the University of Arizona Global Campus, Zovio Employer Solutions looks to educate and serve more students, including adult learners seeking to reskill and upskill. We look forward to serving the National Sheriffs' Association."
About University of Arizona Global Campus
The University of Arizona Global Campus ("Global Campus" or "UAGC") is an independent university that is operated in affiliation with the University of Arizona. Global Campus is designed to provide flexible opportunities for working students from diverse backgrounds who seek to gain knowledge and skills that will help them to achieve their life and career goals. Global Campus is accredited by the WASC Senior College and University Commission (WSCUC) and is one of the nation's most innovative online universities with approximately 35,000 students. UAGC offers more than 50 degrees at the associate, bachelor's, master's and doctoral levels.
Zovio is an education technology services company that partners with higher education institutions and employers to deliver innovative, personalized solutions to help learners and leaders achieve their aspirations. The Zovio network, including Fullstack Academy and TutorMe, leverages its core strengths to solve priority market needs through education technology services. Using proprietary advanced data analytics, Zovio identifies the most meaningful ways to enhance the learner experience and deliver strong outcomes for higher education institutions, employers, and learners. Zovio's purpose is to help everyone be in a class of their own.
Liquid Web | September 27, 2021
Liquid Web Family of Brands, a market leader in managed hosting, digital commerce cloud, and WordPress solutions to small to medium-sized businesses (SMBs), today announced their acquisition of LearnDash, the leading learning management system (LMS) plugin for WordPress.
The LearnDash acquisition is an extension of Liquid Web's commitment to leadership in the WordPress and WooCommerce arena by delivering innovative software solutions that power the online potential of businesses and the designers, developers, and agencies who create for them.
"Everyone knows LearnDash as the leader of online learning in the WordPress ecosystem. We are excited to welcome them to the Liquid Web family as we continue to build our strength in the digital commerce ecosystem," said Chris Lema, Liquid Web's VP of Products. "LearnDash takes us deeper into the digital commerce space by offering online educators the best tools to create online courses, quizzes, and dynamic content with built-in marketing and ecommerce features. We believe in their brand, and we know that with our backing, they will continue to deliver the online solutions educators need."
LearnDash will join the Liquid Web Family under the StellarWP brand, which is the umbrella for our premium WordPress software solutions and includes well-known and respected WordPress leaders such as iThemes, The Events Calendar, GiveWP, Restrict Content Pro, Iconic, and Kadence WP.
The acquisition marks StellarWP's entrance into the booming LMS space. As the global pandemic continues to drive educators to virtual learning solutions, the LMS market is projected to grow by more than $30 billion between now and 2028.
Like the rest of our StellarWP brands, the LearnDash team will continue to operate as an independent unit. Existing and new customers of LearnDash will see no change in service. Justin Ferriman will remain as an advisor with the acquisition and WordPress authority and Liquid Web leader, Chris Lema, will become the General Manager of LearnDash.
We're excited to have LearnDash join StellarWP to continue our mission to power learning programs. We are confident that the strength and leadership Liquid Web provides will ensure LearnDash remains the leading online LMS solution for WordPress for many years to come.
Justin Ferriman, CEO and co-founder of LearnDash
The only WordPress LMS created by e-learning experts, LearnDash is a flexible learning management system. LearnDash is taking cutting edge elearning methodology and infusing it into WordPress. More than just a plugin, LearnDash is trusted to power the learning programs for major universities, small to midsize companies, startups, entrepreneurs, and bloggers worldwide.
About Liquid Web
Building on over 24 years of success, our Liquid Web Family of Brands delivers software, solutions, and managed services for mission-critical sites, stores, and applications to SMBs and the designers, developers, and agencies who create for them. Liquid Web (Managed Hosting), Nexcess (Digital Commerce Cloud) and StellarWP (WordPress Software and Tools) have more than 500,000+ sites under management, have over 125,000 Software subscribers and 2 Million+ free version Software users. Collectively, the companies have assembled a world-class team of industry experts, provide unparalleled service from solution engineers available 24/7/365, and own and manage ten global data centers. As an industry leader in customer service, the rapidly expanding brand family has been recognized among INC. Magazine's 5000 Fastest-Growing Companies for twelve years.