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About us
Total 39 companies invested
2020
Total 79 companies invested
2021

Corporate e-learning: helping companies empower their workforce

The global pandemic has brought an unprecedented shift in the way we deal with information. Its aftereffects continue to shape our learning habits. As the cultural shift to remote and hybrid work becomes the norm, learning catches up. Corporations embrace this change by making their employees’ e-learning (or digital learning) a part of business resilience strategy.

Corporate e-learning has become a key strategy for businesses to drive growth by upskilling their staff. By providing a positive learning experience, companies help their employees navigate their career paths more transparently. A clear linkage between learning and career progression leads to higher engagement and retention rates.

The growing market for e-learning products is driven by the emerging technologies and the cultural shift in the way people learn. Corporate training solutions are witnessing significant market demand as businesses prioritize digital learning integration and see it as an essential investment into their future. The market size was valued at $500 Billion in 2021 and is expected to reach a valuation of $848 Billion by 2030.

Trends in corporate e-learning

Previously, employees would often take long offline courses, which would compete with their job. Going to a course was a big issue, something you did once in a while.

In today's digital world, keeping up with new skills and knowledge is essential. It's like the difference between software quarterly releases of the 2000s and today's daily small software updates. People want to update their skills and knowledge in small daily patches without interrupting their routine. Skills are valued over roles and jobs. In the culture of fast experimentation, the ability to be T-shaped has led to the demand for learning that enables fast upskilling and reskilling.

The good news is that since the pandemic, new ways of learning have become widespread, which are more effective, efficient, and adjusted to innate human nature, providing a better user experience. These include:

  • Hybride and remote learning, the mode of taking in information which was adapted during the pandemic. This creates a demand for a seamless cross-device learning experience.
  • Continuous learning, adapting to the concept of the forgetting curve. It introduces the importance of learning platforms that provide a consistent learning process, a helicopter view over a career track and a clearer way to make uplearning decisions.
  • Microlearning, embracing the fact that, with the emergence of the new media, people changed the way they assimilate knowledge. Microlearning is also best for learning through experience, when you adapt small chunks of knowledge immediately after you learn some theory. This introduces the practice-oriented upskilling-based learning track.
  • Learning digital instruments, as the abundance of digital AI-based tools that boost the effectiveness of individuals has encouraged non-digital roles to embrace the digital toolbox.
  • Gamification, leveraging the innate hunter-gatherers’ patterns of the human brain and its reward system, pumping joy and energy into the learning process itself with an appealing design and gamification platforms.
  • Tailored learning experience, welcoming the diversity of the ways people learn most effectively. This involves the AI-based building of personal career tracks and multi-modal learning (videos, texts, podcasts, chatbots, live sessions).
  • Personal skills, valued as companies adopt a holistic view of their employees. The importance of employee well-being impacts their performance. Therefore, companies are investing in personal skills, such as learning new languages and stress management, to support their employees' personal and professional development.
These new learning approaches recognize that the way people learn has changed. They focus on more engaging, personalized and flexible learning experiences.

Corporate e-learning challenges

E-learning tech providers and vendors address the challenges that organizations face in adopting e-learning.

  • One of the main obstacles is the high cost of the infrastructure necessary for e-learning solutions. Providing scalable, cross-platform, cloud-based e-learning solutions in one opportunity to help reduce costs.
  • The person responsible for e-learning wants to focus on perfecting and customizing the learning process. It’s a waste of effort and time for them to also focus on technology needed to provide e-learning. There is a need for a flexible, easy-to-use toolkit for prototyping, developing, and updating courses, delivering them to employees, analyzing their effectiveness, and integrating with other digital tools.

A meeting point is a platform for corporate e-learning. This is the market that caught our attention.

Investing in corporate e-learning

As a test investment, we decided to include an e-learning platform specializing in corporate education to our portfolio. Our criteria of picking a company were:

  • providing e-learning platform solutions,
  • working on a global market,
  • aiming at medium-to-large enterprises.

After careful evaluation, we chose My Learning Hub to join our portfolio. This innovative platform empowers e-learning managers to streamline the learning process for their employees, providing a central learning space that is easy to use and highly efficient. With My Learning Hub, businesses launch, update and consistently deliver training across their organization. The platform's course builder allows learning managers to create and customize courses quickly and easily. The platform also features an internal learning management system (LMS) and a public-facing customer education platform.

Highlights:

  • My Learning Hub has an extensive client base that spans Europe, the Americas, Middle East and Australia.
  • The industry categories include IT, Fintech, Manufacturing, Non-profit, Professional Services, Real Estate, Media and Private Equity industries.
  • The platform has been instrumental in facilitating over 28,900 new LMS users (employees learning on the platform).
  • Over 30,000 courses have been created on the platform.
  • Compliant with industry certifications: Cyber Essentials, ISO 9001 and ISO 27001.

My Learning Hub's exceptional features and broad reach bring us a nice perspective, joining our portfolio.