Skillsoft (NASDAQ: SKIL) provides e-learning content and software to global enterprises, government, education and small-to-medium sized businesses.
Face 1: Market Focus
Skillsoft’s market focus is on providing e-learning solutions for businesses; although, some universities and government organizations have used Skillsoft products to provide support and training to their employees..
Face 2: Types of Offerings
Skillsoft offers services, content and infrastructure.
Services
Some of the services include consulting services, technical services, solution services, custom development services, and customer support. These services intend to help organizations meet their e-learning objectives. Another service the company offers includes IT certification solutions.
Content
Skillsoft provides companies with the tools and services to author and develop custom content. They have a custom solutions group that creates courseware and they also have tools such as Dialogue, for web collaboration, and SkillStudio, to customize and create courses. Other content offered by the company include book collections or resources, like Books 24×7, and course collections.
Infrastructure
Open Learning Services is another service offered by Skillsoft to address Learning Management System (LMS) and Portal Integration.
Face 3: The Buyer
Buyers will be typical of training since the products and services are targeted mostly towards corporations and small-to-medium businesses where learning is bought for the learner with the option of the learner buying for one’s self – say a learner paying fees for one of the Skillsoft certification courses for example. Other buyers may include the government, where learning is bought nationally.
Face 4: Global Markets
Skillsoft’s presence is global and its services appear to be available mainly for countries and clients with excellent internet Infrastructure.
Face 5: Development of the Market
The market supports the import of content and infrastructure and supports export oriented learning technologies and substitution of imports.
Face 6: Learning Technology Competing with Other Forms of Learning
Skillsoft offers a variety of products and services which enable them to compete with existing learning systems. Some of their products handle upgrading credentials of employees as well as help support more effective training and development. A blended learning approach to courses helps Skillsoft provide more effective, customized learning and training solutions that respond to the needs of the client.
