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Acquistions – Someone had an idea

eLearning 24-7

The initial person who thought buying SumTotal was a great idea (initially it was) and then dumped it for a fortune to Skillsoft (another great idea), which in turn was someone at Skillsoft thinking this was a great idea, which turned out to be false and was a factor in Skillsoft going into bankruptcy due to the albatross known as SumTotal.

Ideas 84
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3rd Trend – Performance

eLearning 24-7

Depending on your vernacular, Performance can be seen in some twist with talent management or as a standalone as performance management. I wouldn’t slide Training as part of this scene, although there may be companies where internally Training oversees performance. If you are in L&D or have a background in OD (Org.

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The Cornerstone Acquisition

eLearning 24-7

I bring this up, because after it was announced that Cornerstone will be acquiring SumTotal, the pundits went out and espoused some very interesting ideas. I never put innovation and SumTotal in the same sentence. SumTotal was never innovative. They were not the first ones with a mobile app. That is their core audience.

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Docebo: The hottest learning tech company in years

Docebo

Vendors like Degreed, BetterUp, EdCast, and LinkedIn command billion-dollar valuations driven by this growth. Vendors like Saba (the pioneer), Plateau (fast follower), SumTotal (conglomerate), and hundreds of others have been acquired. And this, of course, lets new vendors reinvent the space. Enter Docebo.

Docebo 147
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2015 Talented Learning LMS Vendor Award Recipients

Talented Learning

Innovation was stagnant and most vendor effort was invested in stealing customers from one another. LMS and performance management companies started merging and then the big HR/talent players acquired them. The LMS industry in 2015 now has hundreds and hundreds of viable vendor solutions. Cloud to the Rescue.

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Best LMS? 2016 Talented Learning LMS Vendor Awards

Talented Learning

In years past, the same dozen or so vendors competed for all the LMS market share. Nearly every vendor earned its bread and butter by selling to employee-minded buyers in HR. We have spent the last three years meeting more than 125 vendors — learning who they are, what they do, why they are unique, and who their customers are.

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Talent Development Platforms – R Here

eLearning 24-7

Nor is a performance management system. If you hear your learning system vendor say “we are in the performance support” business or learning, they are a TDP. If the learning system vendor says their system is all about learning and training, then they are not a TDP. A Talent management system is not a TDP.

Platform 105