ISG (Information Services Group | November 11, 2022
Enterprises and service providers are facing a talent crunch that requires them to double down on employee engagement programs to attract and retain people with critical skill sets, says an expert with Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm. Speaking at the All Day DevOps virtual event today, Ola Chowning, partner, ISG Digital Strategy and Solutions, said companies need to engage employees and ensure they are noticed, recognized, heard and valued to improve retention. Chowning made her comments during a 30-minute online presentation, “Skill Shift 2022 - From Deep to Wide, Hard To Soft,” her fifth consecutive appearance at the annual event, the largest of its kind in the industry.
Talent scarcity, the ‘Great Resignation’ and attrition have dramatically increased the challenge of retaining employees,” Chowning said. “Enterprises are using a broad range of strategies to not only preempt employee exits, but also to preempt the need to counter-offer, which is more costly and rarely succeeds in retaining employees longer-term. Finding and retaining talent continues to be a major concern among tech leaders in all industries, ISG research finds. A recent survey of procurement officers by ISG found their number-one concern was wage inflation, cited by 64 percent of respondents. Thirty-eight percent cited talent shortages, which trailed only wage inflation, general inflation and supply chain disruptions on the list of top concerns.A separate study by ISG found more than 40 percent of the global IT services workforce was hired in the last 12 months, indicative of a job-switching phenomenon the firm called the “Great Reshuffle. When it comes to retaining employees, Chowning said bonuses, benefits and gifts are only useful in the short term. Beyond typical compensation, recognition and reward systems, more innovative approaches for nurturing employees with broad and deep DevOps skills include reimbursing employees for external education and certification training and providing access to specialized technology programs. Unique, career-specific learning and accreditation is on the rise and can be far more valued by IT employees than widely available online learning,” Chowning said. “Technologists particularly enjoy learning new things and being involved in technology advancements. Linking participation in such programs to career advancement can provide a lane of opportunity and send a message about how the organization values employee expertise. Employees often feel unsure of their future opportunities and about the steps they need to take to advance, Chowning said. In response, organizations are making career paths far clearer, allowing employees to plot their career course alongside their leader and assess their progress. A clear list of objectives and solid direction and career timing help employees feel more invested with their leader and with the organization,” she said. “When employees are engaged in the corporate culture, have visibility to the executive team and are confident the company values their input, they are significantly less likely to leave. In today’s talent landscape, this is a competitive advantage.
The seventh annual All Day DevOps 24-hour live stream event started at 3 a.m., U.S. Eastern Time, today. The conference features 180 practitioner-led sessions, across six tracks: CI/CD Continuous Everything; Modern Infrastructure; DevSecOps; Cultural Transformation, Site Reliability Engineering and the Software Supply Chain. Registration and information are available on the event website.
ISG (Information Services Group) (Nasdaq: III) is a leading global technology research and advisory firm. A trusted business partner to more than 800 clients, including more than 75 of the world’s top 100 enterprises, ISG is committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth. The firm specializes in digital transformation services, including automation, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier services; strategy and operations design; change management; market intelligence and technology research and analysis. Founded in 2006, and based in Stamford, Conn., ISG employs more than 1,300 digital-ready professionals operating in more than 20 countries—a global team known for its innovative thinking, market influence, deep industry and technology expertise, and world-class research and analytical capabilities based on the industry’s most comprehensive marketplace data.
Fullstack Academy | November 30, 2022
Fullstack Academy, a trailblazer in tech education, announced today it has been acquired by Simplilearn, the world’s leading online learning bootcamp offering digital skills training and courses to working professionals globally. Simplilearn is based in San Francisco and Bangalore, India. Backed by Blackstone, Simplilearn has had exponential recent growth, launching new programs and scaling its operations to successfully serve over 70,000 active monthly learners and over 500 enterprise clients. Simplilearn is dedicated to bridging the digital skills gap by providing learners across all career stages with the professional skills needed to succeed and keep pace with the rapidly evolving digital economy. News of Simplilearn’s acquisition of Fullstack Academy comes after a recent new funding round led by GSV Ventures to boost growth plans in India and international markets. This acquisition establishes the edtech company as the largest digital skilling company in the United States. Fullstack Academy will continue its current brand and bootcamp offerings and operate as an independent business unit within Simplilearn. Fullstack is poised to undergo continued growth, building on its 10-year history and experience in the U.S. bootcamp space.Since its founding, Fullstack has expanded its offerings, introducing new bootcamp programs and disciplines within Fullstack Academy, the Grace Hopper Program, government programs, and twenty university and industry partners, growing to over 7,000 alumni across the U.S. In 2022, Fullstack Academy was designated an AWS Authorized Training Partner, enabling delivery of official AWS Training and Certification in high-demand skills areas such as cloud computing. Fullstack was selected to join the 2023 Amazon Career Choice program, offering bootcamp programs to eligible Amazon employees across more than 30 metropolitan areas. Additionally, Fullstack Academy was selected by LinkedIn Talent Solutions as the winner of its 2021 LinkedIn Talent Awards for Best Acquisition Team in the Education category. Simplilearn credits Fullstack Academy’s established reputation for quality outcomes, positive student feedback, trusted partnerships, and talented employee base as the primary factors behind its acquisition of the tech bootcamp provider. Following the acquisition, all of Fullstack’s employees will remain in their roles as part of the combined organization, bringing Simplilearn’s total employee count to over 2,500. Under the agreement, Fullstack Academy will keep its name, leadership team, and staff. It will continue to serve its students and partners as it does today, with no changes to its bootcamp delivery or offerings. Fullstack Academy CEO Jerrad Tausz will remain as the chief executive for the company’s operations.
“This acquisition marks an exciting opportunity for our organization,Simplilearn is the world’s No. 1 online bootcamp. Together, we share an aligned mission of transforming lives by helping students from all backgrounds and skill sets learn the technical skills needed to secure in-demand jobs. We are very confident in the future success of our organization and excited about what the change of ownership will bring to all staff, students, partners, and alumni. I look forward to leveraging our shared vision with Simplilearn to bridge the digital skills gap in the U.S. market.”
Tausz, CEO of Fullstack Academy.
Founded in 2010, Simplilearn offers over 100 programs that teach early- to mid-career professionals the digital skills needed for careers in cloud, DevOps, data science, artificial intelligence and machine learning, digital marketing, and cybersecurity, among other industries. Simplilearn also partners with top global and Indian universities and corporations, such as Caltech CTME, MIT Schwarzman College of Computing, UMass Amherst, Indian Institute of Technology Kanpur, IBM, and Amazon, to provide training to help individuals and organizations keep up with the constantly changing demands driven by digitization. More than 3 million professionals globally have studied with Simplilearn to date. Bootcamps have been an extremely popular concept in the edtech industry, and there is no denying that learners are looking for the holistic learning experience that bootcamps offer. Through Fullstack Academy’s strong footprint in the U.S. with its bootcamps and elite partnerships with top universities, we are confident that this collaboration will enable us to accelerate our global expansion plans. It is amazing to find a business whose vision is similar to ours and complements our pedagogy and belief system. We are certain to leverage each other's capabilities in a prolific way to attain synergies,” said Krishna Kumar, Simplilearn Founder and CEO. Tyton Partners acted as financial advisor and DLA Piper acted as legal advisor to Fullstack Academy and its parent company.
About Fullstack Academy
Fullstack Academy is a national tech education provider based in New York City. Founded in 2012, it offers web development, cybersecurity, data analytics, DevOps, and product management bootcamps. Fullstack Academy also offers the Grace Hopper Program, an immersive software engineering course for women and non-binary students, in addition to partnerships with leading universities nationwide, including Virginia Tech, Caltech CTME, and Louisiana State University. Graduates have been hired by Google, Facebook, Amazon, Fortune 100 firms, and startups.
Home Care Pulse | November 24, 2022
Based on Community Health Accreditation Partner's (CHAP) rigorous standards of excellence, HCP has been recognized as the first CHAP-verified educational provider for home care, home health, hospice, and residential care.
CHAP performed a critical review of sample courses from HCP's compliance and professional development suites to ensure the applicable content within those courses met CHAP standards in addition to CMS regulations. CHAP determined that HCP content complies with the requirements stated in the CHAP Standards of Excellence. HCP Training allows agencies to create high-quality employee onboarding experiences, provide annual training that complies with requirements, and enhance employees' skills with professional development content. CHAP is honored to recognize HCP as the first educational provider to earn the elite status of CHAP verification," said Daniel Stephens, SVP, Center for Excellence. "The educational materials they bring to community-based healthcare providers are of the highest level, and we are proud to collaborate and partner with them. Going through the rigorous vetting process to ensure that their education meets the highest standards and lines up with CHAP's standards of excellence, shows that HCP has committed to providing excellence to the community-based providers they serve.
"In addition to being the only training company to partner with CHAP, HCP is honored to have our training content verified by the CHAP Center of Excellence,Meeting their high standards proves HCP's commitment to quality training and helps the agencies we work with exceed patient care needs, meet compliance requirements, and improve outcomes across the board. It's exciting to expand our partnership with an organization equally as dedicated to providing a comprehensive care experience that surpasses client, patient, and family expectations."
Linda Leekley, Chief Clinical Officer at HCP.
HCP leads the home-based care industry in experience management, training, and reputation management. Through its Care Intelligence Platform, HCP empowers providers in home care, home health, and hospice to attract and retain employees during workforce shortages. HCP also conducts the annual Benchmarking Report, the most comprehensive survey of providers in North America, and administers Best of Home Care awards to agencies that achieve best-in-class satisfaction scores. For more information, visit https://www.homecarepulse.com/.
CHAP is an independent, nonprofit accrediting body for home and community-based health care organizations. Founded in 1965, CHAP was the first accreditation organization to recognize the need and value for accreditation in community-based care. As a Centers for Medicare & Medicaid Services (CMS)–approved accrediting organization, CHAP has the regulatory authority to survey agencies providing home health, hospice, and home medical equipment services to determine if they meet the Medicare Conditions of Participation and DMEPOS Quality Standards. CHAP's purpose is to define and advance the highest standards of community-based care.
Perspectus | September 17, 2022
Starting this fall, students at the University of Charleston, West Virginia will study human anatomy in 3D, with the launch of a dedicated virtual reality (VR) lab, through a partnership with Perspectus, Inc., a Colorado-based virtual and mixed reality technology firm.
“We are excited to offer virtual reality technology to enhance student learning,As soon as we experienced the Perspectus demo, we knew this would be a gamechanger for core courses like Anatomy and Physiology, and in specialized healthcare programs like Nursing, Radiology, and Physician Assistant. The three-dimensional, highly customizable imaging dramatically enhances students’ depth of understanding. And we can work with our hospital and other healthcare partner organizations to integrate content students will see in their clinical rotations, externships, and other applied learning settings, thereby providing better career preparation.”
University of Charleston President Marty Roth
Completed in August 2022, the UCWV lab is one of the most advanced VR Education Labs in the country, featuring 30 high-powered computers with high resolution headsets to access the Perspectus VR technology. The lab will have a soft launch this fall and eventually be used in multiple programs by Spring 2023, including Biology, Radiologic Science, Nursing and Physician Assistant programs. Perspectus VR allows users to enter a virtual world where they can manipulate anatomical structures and view them from every angle and enlarged to any size. Layers of muscle, blood vessels, and bones can be added, removed, marked on, or shaded in different colors to show their interrelated parts. Users can also render patient radiology images, such as an MRI or CT scans, to view them in true 3D. “No matter how accurate a textbook or digital image is, there will always be a breakdown in communication and understanding when students are shown two-dimensional versions of three-dimensional structures. Perspectus VR solves this problem by showing images as they appear in nature - eliminating the need to translate the data,” says Erick Miranda, Chief Operating Officer of Perspectus. During early testing at Colorado State University in Fort Collins, Perspectus VR increased understanding of spatial relationships and anatomical systems for 87% of students. “We are continually exploring the latest technological innovations that can enhance student learning and move our students to the forefront of their area of study,” added University of Charleston CIO Scott Terry. “With this new VR lab, we’re not only helping our students build the critical reasoning necessary to provide quality care, we’re preparing them for a future where technology will improve the access to and quality of healthcare and medicine.” University of Charleston is the largest & fastest-growing private, non-profit institution of higher education in the state of West Virginia. Based in Denver, Colorado, Perspectus, Inc. is the industry leader in VR, using its patented software platform to provide VR solutions to higher education, healthcare and commercial users.