Simplilearn Sees Surge in B2B Enrollments : Upskills More Than 50,000 Corporate Learners in the Last 6 Months
Simplilearn, the world's number one Online Bootcamp for digital economy skills training, today reported a surge in their B2B business for the last six months. Over this period, the company has on boarded over 50,000 corporate learners across 12 countries, led by India, the USA, Thailand, and Oman. The top industries that contributed the largest share of learners were IT Services and Products, education/universities, and telecommunications. Simplilearn’s short term and Master’s programs in digital skills and new technologies, delivered via multiple corporate partnerships, offer effective L&D solutions for organizations across the globe.
The COVID-19 global health crisis has disrupted work patterns worldwide and accelerated enterprise-wide digitization, with organizations taking to tech-based solutions. With businesses increasingly implementing online models, they find it necessary today to equip their employees with the most relevant digital skills through practical, role-aligned, digital skill training. Consequently, organizations today are implementing a combination of strategies that include re-skilling existing employees and hiring and training fresh graduates on emerging digital skills. Their employees become digitally ready to effect the enterprise-wide transformation needed to tackle environmental dynamics and drive business growth.
Sharing his views, Krishna Kumar, Founder and CEO of Simplilearn, stated, “The Covid-19 outbreak has created a demand for digitally adept workforces, pushing employers to boost their L&D budgets towards employee skilling programs. The B2B learner numbers recorded across the Simplilearn platform clearly indicate how the L&D sector across the globe is on an upward growth path, placing greater emphasis on tech-based skilling. Data on the Simplilearn platform shows that the greatest demand for employee skilling programs has been from companies in the IT services industry, followed by GICs or "Global Innovation Centres" of MNCs. For GICs, India provides the ideal environment to hire and build talent at scale on new emerging digital skills like data, full stack, cloud technologies, and so on. GICs are also using skill training as a strategy to engage their workforce. ”
He further added, “The B2B segment has most often than not consisted of a small fraction of the online learning universe. However, post the pandemic, the share of voice of the B2B segment is at a considerable size and catching up with B2C. Recovery is happening faster as IT companies who paused L&D programs due to the challenge of remote working are now back on track. In addition to corporates, we see rising interest from large private universities, who are supplementing what is required by the university with online skilling programs enabling students to acquire industry relevant skills. However, most educational institutes lack the necessary technical infrastructure and trained faculty in the areas of new emerging technologies, and this is where Simplilearn comes in.”