Company Overview
RISC Learning Management Systems Inc, known as RISC Inc, is a distinguished entity in the domain of learning management solutions. Established on August 18, 1992, RISC Inc specializes in providing enterprise learning management systems (LMS) with a focus on compliance learning and training management. The company’s headquarters are situated at 563 West Bay Area Blvd. #312, Webster, Texas. For contact, they can be reached at (281) 480-7910 or via email at info@risc-inc.com.
Product and Services
RISC Inc is celebrated for its acclaimed Virtual Training Assistant (VTA) Suite, an integrated system managing training, assessment, and competency faculties. It is compliant with learning standards like AICC, SCORM, and xAPI, forming a robust, compliance-focused learning ecosystem with real-time reporting capabilities. Essential features include automated notifications, compliance dashboards, risk assessment tools, online testing and evaluation capabilities, alongside rapid implementation and facile integration with existing corporate ERP systems. These competencies extend service across sectors such as manufacturing, oil and gas, and energy generation and distribution.
Notable Achievements
RISC is recognized for its technological innovations in the LMS space, being the first provider to implement a cmi5 run-time engine, thereby enhancing functionality and user experience. Their dedication to customer satisfaction is evidenced by awards such as the Brandon-hall.com award. Industry authority Josh Bersin has commended RISC as a model vendor.
Leadership
RISC Inc’s strategic initiatives are led by President Art Werkenthin, channeling over 30 years of LMS industry expertise, particularly in the oil and gas sector. The leadership fosters a proactive approach to problem-solving, empowering staff to meet client challenges, thereby ensuring a customer-oriented stance in product development and enhancements.
Recent Developments and Initiatives
RISC Inc continuously advances in the LMS market, updating features and expanding its user community. The company actively shares expertise through platforms like YouTube, providing tutorials and presentations that bolster user engagement with their VTA system.
Company Culture
Customer satisfaction and operational excellence underpin RISC Inc's success. They offer rapid customer service without outsourcing support, ensuring prompt issue resolution. This commitment has cultivated a dedicated client base, valuing RISC’s dedication to crafting efficient and effective learning environments.
Competitor Profiling for Risc Learning Management Systems Inc
RISC Inc operates amidst a competitive landscape consisting of various prominent entities offering overlapping services in human resource management, learning platforms, payroll, and employee engagement systems.
Rippling
Rippling serves as a comprehensive workforce management platform intertwining HR, IT, and finance operations, recognized for eliminating business friction with versatile integrations into cloud solutions. Holding a valuation of $14 billion, its significant global presence includes operations in cities like Bengaluru, Beijing, and Warsaw, managing employee data to optimize operational efficiencies.
Paylocity
Paylocity delivers cloud-based human capital management and payroll software, renowned for its strong service culture since its inception in 1997. With more than 6,400 employees and 39,000 clients, Paylocity caters to small to mid-sized enterprises. Its broad product suite aims to address modern HR demands and emphasizes strategic client partnership.
Leapsome
Founded in 2016, Leapsome presents an all-in-one people enablement platform, integrating tools for goal and OKR management, performance reviews, and employee engagement. It supports over 1.2 million feedback interactions and boasts a 99% customer satisfaction rate, supported by investors like Insight Partners.
Paychex
As a leader in human capital management solutions, Paychex oversees services encompassing payroll, employee benefits, and insurance. With a client base of over 745,000 businesses, Paychex holds significant market reach, facilitating payments to 1 in 12 private sector employees in the U.S., providing streamlined technology and services since 1971.
UKG Pro
Formed from the merger of Ultimate Software and Kronos, UKG Pro offers comprehensive HR, payroll, and workforce management solutions. They serve 80,000+ organizations worldwide, focusing on technology-backed customer success and employee empowerment, fostering an inclusive and diverse company culture.
Strategic Insights
For RISC Learning Management Systems Inc., appraising the competitive benefits of each alternative is pivotal. Rippling's unified platform is favorable for organizations seeking integrated HR, IT, and finance solutions. Paylocity targets small to mid-sized enterprises through strategic partnerships and comprehensive services. Leapsome’s emphasis on people enablement could attract companies focused on culture and growth. Paychex's widespread client base and simplified solutions render it a consistent choice in HR and payroll management. Lastly, UKG offers a robust HR suite with a cultural and inclusivity focus, attractive for entities valuing long-term collaborations. Analyzing these aspects will equip RISC Inc to better position itself strategically and enhance market share within the learning management system sector.
