Skillsoft Named Top-Tier Software Vendor by APPS RUN THE WORLD in the APPS TOP 500 Market Report

Skillsoft Strengths, Domain Expertise, and Key Differentiators

Through a meticulously curated portfolio of top-tier content, a personalized platform tailored to individual customer needs, and a comprehensive network of strategic partners, Skillsoft drives sustained growth and performance for employees and their organizations. By effectively addressing critical skill gaps, unlocking human potential, and reshaping the workforce, Skillsoft remains at the forefront of transformative learning solutions.

With a catalog boasting over 150,000 expert-led skills-building courses spanning various modalities, including video, audio, instructor-led training, and practice labs, Skillsoft offers unparalleled learning experiences tailored to a diverse audience, from executives to frontline workers and avid readers to hands-on learners.

Skillsoft Recent Developments

In September 2024, Skillsoft launched a series of GenAI-powered enhancements to its learning platform, aimed at delivering a more personalized and efficient learning experience. Key updates include a Smart Content Discovery feature with an AI Assistant that offers tailored recommendations and support, and an AI Coaching Guide that complements human-led coaching with continuous feedback and motivation. Additionally, a new AI Learning Assistant for Codecademy provides personalized coding exercises and real-time guidance to help learners progress at their own pace.

Skillsoft Mergers and Acquisitions (M&A) Activities

In 2022, Skillsoft made two significant strategic moves to sharpen its focus and strengthen its market position. In June, the company divested its SumTotal business to Cornerstone OnDemand for approximately $200 million, enabling a deeper focus on its core learning solutions. Earlier in April, Skillsoft acquired Codecademy, a leading online platform with around 40 million users worldwide, known for its interactive, self-paced courses in 14 programming languages and key technical domains like data science, cloud computing, and cybersecurity.

Skillsoft Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Skillsoft applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Skillsoft and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Skillsoft Percipio customers.

Skillsoft Key Enterprise and Cloud Applications

Skillsoft Percipio

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Skillsoft Direct vs Indirect sales

Skillsoft Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified Skillsoft Customers

No. of Skillsoft Customers: 14300

No. of Skillsoft Enterprise Applications Customers: 14300

No. of Skillsoft Cloud Customers: 14300

No. of Skillsoft Cloud Subscribers: 140 million

Skillsoft provides services to approximately 14,300 organizations. The platform not only facilitates accelerated learning but also fosters a culture of investment in employees. This approach encourages employees to reciprocate by investing their time and energy in the organization.

Top industries served by Skillsoft include Financial Services, Government/Public Sector, Healthcare, and Manufacturing.

Skillsoft Market Opportunities, M&A and Geo Expansions

Companies are looking for ways to train their teams in new technologies like Generative AI, cloud platforms, cybersecurity, and data. Skillsoft, with its rich library and tools like CAISY and AI Coaching Assistant, is well-positioned to meet this demand.

Skillsoft Risks and Challenges

Skillsoft has undergone significant transformation with the acquisitions of Global Knowledge, Pluma, and Codecademy, along with the divestiture of SumTotal. These strategic moves have enriched Skillsoft's corporate offerings, notably in information technology and development training through Global Knowledge, individualized coaching via Pluma, and expansion into consumer-focused solutions with Codecademy.

Despite these advancements, Skillsoft's operational history as a unified entity remains relatively limited, presenting challenges in evaluating its prospects and profitability. Like many companies in rapidly evolving industries, Skillsoft faces inherent risks and uncertainties, both historical and anticipated, associated with growth and market dynamics. Moreover, the consolidation of various entities introduces new complexities and potential vulnerabilities, necessitating prudent management and strategic planning to navigate successfully.

Skillsoft Ecosystem, Partners, Resellers and SI

In 2024, Skillsoft partnered with Microsoft to develop a Generative Artificial Intelligence (GenAI) training program. This initiative aims to help organizations train their employees in the effective and ethical use of GenAI technologies, such as Microsoft Copilot.

Skillsoft maintains direct sales coverage across North America and the majority of Europe, with specialized teams situated in India, Australia/New Zealand, and Singapore. In regions where direct coverage may be limited, particularly in key markets such as Asia (Japan, Korea, Southeast Asia), Latin America (LATAM), and Southern Europe, including Italy, the Middle East, North Africa (MENA), and South Africa, Skillsoft leverages strategic partnerships with direct resellers and original equipment manufacturers (OEMs). These strategic alliances play a pivotal role in supporting the Small and Medium-sized Business (SMB) and consumer markets where direct coverage may not be as extensive.

Research Methodology

Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.

Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).

For additional information on our methodologies, here's the link: