Global Knowledge Company Profile

Background

Overview

Global Knowledge, established in 1995, is a leading provider of IT and professional skills training, assisting individuals and organizations in developing the competencies necessary to thrive in a rapidly evolving technological landscape. With a global presence, the company offers a comprehensive suite of courses and certification programs across various domains, including cloud computing, cybersecurity, data science, project management, and business analysis. In June 2021, Global Knowledge merged with Skillsoft, forming the world's leading corporate learning company.

Mission and Vision

Global Knowledge's mission is to empower professionals and organizations by providing high-quality, flexible learning solutions that bridge skill gaps and foster continuous growth. The company's vision is to be the premier global partner for technology and professional skills development, enabling success in an ever-changing world.

Primary Area of Focus

The company specializes in delivering authorized and industry-leading instruction through multiple delivery formats, including online courses, classroom training, and virtual classrooms. This approach ensures accessibility and flexibility for learners worldwide.

Industry Significance

As the world's largest dedicated IT training company, Global Knowledge plays a pivotal role in addressing the growing demand for skilled professionals in the technology sector. Its extensive portfolio and global reach make it a significant contributor to the development of the global workforce.

Key Strategic Focus

Core Objectives

Comprehensive Training Solutions: Offer a broad range of courses and certifications to meet diverse learning needs.

Global Accessibility: Provide training in over 100 countries through various delivery methods.

Continuous Innovation: Develop and integrate new learning technologies and methodologies to enhance training effectiveness.

Specific Areas of Specialization

Cloud Computing: Training in platforms such as AWS, Google Cloud, and Microsoft Azure.

Cybersecurity: Courses covering essential security protocols and practices.

Data Science and Analytics: Programs focusing on data analysis, machine learning, and artificial intelligence.

Project Management: Certifications in methodologies like Agile and Scrum.

Key Technologies Utilized

Learning Management Systems (LMS): Platforms for delivering and managing online courses.

Virtual Classroom Technology: Tools that facilitate live, instructor-led training sessions.

AI and Analytics: Utilization of artificial intelligence to personalize learning experiences and analyze training outcomes.

Primary Markets Targeted

Enterprise Organizations: Large corporations seeking to upskill their workforce.

Government Agencies: Public sector entities requiring specialized training programs.

Individual Professionals: Individuals pursuing career advancement through skill development.

Financials and Funding

Funding History

Global Knowledge was acquired by Skillsoft in June 2021 for approximately $233 million, enhancing its financial stability and expanding its global reach.

Recent Funding Rounds

The acquisition by Skillsoft in 2021 was the most recent significant funding event, integrating Global Knowledge into Skillsoft's broader portfolio.

Notable Investors

Skillsoft: The acquiring company, a leader in corporate learning, now owns Global Knowledge.

Intended Utilization of Capital

The capital from the acquisition has been directed towards expanding Global Knowledge's training offerings, enhancing technological infrastructure, and increasing global market penetration.

Pipeline Development

Key Pipeline Candidates

Global Knowledge continually updates its course offerings to align with emerging technologies and industry demands. Recent additions include training programs in artificial intelligence, blockchain, and advanced cybersecurity.

Stages of Development

Courses are developed through a structured process involving market research, content creation, pilot testing, and full-scale deployment.

Target Conditions

The training programs are designed to address skill gaps in various sectors, including technology, healthcare, finance, and government.

Anticipated Milestones

Course Launches: Regular introduction of new courses to meet evolving industry needs.

Certifications: Achieving accreditation for new training programs from recognized industry bodies.

Technological Platform and Innovation

Proprietary Technologies

Virtual Classroom Technology: Enables live, instructor-led training sessions accessible globally.

Learning Management Systems (LMS): Manages and delivers online courses efficiently.

Significant Scientific Methods

Instructional Design: Employs evidence-based methodologies to create effective learning experiences.

Data Analytics: Utilizes analytics to assess learner performance and course effectiveness.

AI-Driven Capabilities

Personalized Learning Paths: AI algorithms recommend courses based on individual learning styles and career goals.

Predictive Analytics: Forecasts learner success and identifies areas needing improvement.

Leadership Team

Executive Profiles

Jeffrey R. Tarr: President and Chief Executive Officer of Skillsoft, overseeing Global Knowledge's strategic direction.

Richard G. Walker: Chief Financial Officer of Skillsoft, responsible for financial operations, including those of Global Knowledge.

Apratim Purakayastha: Chief Product and Technology Officer of Skillsoft, leading product development and technological innovation for Global Knowledge.

Ciara Harrington: Chief People Officer of Skillsoft, focusing on talent management and organizational development within Global Knowledge.

Competitor Profile

Market Insights and Dynamics

The global IT training market is experiencing significant growth, driven by rapid technological advancements and the increasing need for skilled professionals. Organizations are investing heavily in employee development to maintain a competitive edge.

Competitor Analysis

Udemy: Offers a vast array of online courses across various subjects, including technology and business.

Pluralsight: Specializes in technology skill development, providing courses in software development, IT operations, and data.

O'Reilly Media: Provides a wide range of learning resources, including books, videos, and live training events, focusing on technology and business skills.

Strategic Collaborations and Partnerships

Global Knowledge has established partnerships with leading technology companies to offer authorized training programs, including:

Amazon Web Services (AWS): Provides cloud computing training.

Cisco: Offers networking and cybersecurity courses.

Microsoft: Delivers training in various Microsoft technologies.

Red Hat: Provides open-source software training.

VMware: Offers virtualization and cloud computing courses.

Operational Insights

Global Knowledge's extensive global presence and diverse course offerings position it as a leading competitor in the IT training market. Its ability to deliver training through multiple formats—online, in-person, and virtual classrooms—provides a competitive advantage in meeting the varied needs of learners worldwide.

Strategic Opportunities and Future Directions