4 Analyst Firms Name Skillsoft a Leading Provider for Learning
Many industry analyst firms have recently published the results of their annual research that provides in-depth analysis of corporate learning providers. These reports serve as a buyer’s guide for those looking to provide their organizations with learning solutions.
Skillsoft was recognized as a leading provider in learning by IDC, Aragon Research, Constellation Research, and Fosway Group.
At a time when executives across industries are intently focused on upskilling, reskilling, and training a sustainable, future-fit workforce, Skillsoft’s solutions have never been more relevant or sought after.
Leaders widely view the current talent shortage as the number one threat to business, and they cannot simply “hire their way” out of skills gaps. Competencies must be developed from the inside out.
As organizations place a greater emphasis on learning and development to drive workforce transformation, they need highly engaging and career-oriented learning experiences that fuel skill mastery, buoy talent retention, and build competitive workforces.
According to Aragon Research’s Founder and CEO, Jim Lundy, “One of the fastest ways to improve the organization’s performance is to enhance the operational knowledge of the workforce. This makes learning much more of a strategic focus than ever, and that is why more organizations are realizing that they must invest more in learning, not less.”
IDC Marketscape Names Skillsoft a ‘Leader’ in U.S. IT Training
Skillsoft was named as a “Leader” in the IDC MarketScape: U.S. IT Training Services 2023 Vendor Assessment (doc #US49624923, March 2023) and a “Major Player” in the IDC MarketScape: European IT Training Services 2023 Vendor Assessment (doc #EUR150087022, February 2023).
IDC MarketScape criteria selection, weightings, and vendor scores represent well-researched IDC judgment about the market and specific vendors. IDC analysts tailor the range of standard characteristics by which vendors are measured through structured discussions, surveys, and interviews with market leaders, participants, and end users.. According to the report, “Skillsoft continues to demonstrate a strong ability for customization of content and learning paths and mentoring services and a strong opinion on how to optimize usefulness and business value of its training services.”
"As the IT skills shortage continues to worsen, it is more critical than ever to get the right people with the right skills into the right roles," said Gina Smith, PhD, research director for the IT Skills for Digital Business practice at IDC. "The IT training sector is tremendously competitive. Skillsoft is notable because of its high-quality instruction and powerful hands-on learning labs. That is why this year's IDC MarketScape named Skillsoft a Leader in U.S. IT training."
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Aragon Research Named Skillsoft as ‘Leader’ in Globe™ for Corporate Learning Report
Aragon Research named Skillsoft as an industry “Leader” in its 2023 Globe™ for Corporate Learning report, noting
“[Skillsoft] offers a robust amount of learning content. Skillsoft has microlearning video content and 1,000+ skill-based and role-based learning paths, including compliance, leadership development & business, and technology & developer, which now supports multiple languages. With Global Knowledge and Codecademy as part of the overall portfolio, the amount of learning content offered, which includes certifications for cloud and many other IT certs, Skillsoft is a notable provider in the learning market.”
Constellation Shortlists Skillsoft as Learning Solutions Provider
Constellation Research included Skillsoft on its Constellation ShortList™ for Learning Marketplaces for Q1 2023. Constellation evaluated more than 40 solutions categorized in this market, naming Skillsoft as one of seven solutions supporting the creation, delivery, and monetization of online learning.
Learning providers named to the Constellation ShortList meet the threshold criteria for this category as determined through client inquiries, partner conversations, customer references, vendor selection projects, market share, and internal research.
Fosway Group Positions Skillsoft as One of Top Strategic Leaders in Digital Learning
Fosway Group positioned Skillsoft as one of the top seven “Strategic Leaders” in its March 2023 Fosway 9-Grid™ for Digital Learning report. Fosway analyzed 55+ digital learning providers to determine the highest performing and highest potential vendors.
Additionally, Fosway Group identified Skillsoft’s platform for transformative learning experiences as a “Core Leader” in its February 2023 Fosway 9-Grid™ for Learning Systems report.
It also noted that: “Skills continue to be a business-critical fixation for HR as well as Learning & Development, and from recruitment to performance and talent retention.”
The Fosway 9-Grid™ for Learning Systems is a multi-dimensional model designed to understand the relative position of solutions and providers predominantly in the UK, European, and North American markets. Solutions are assessed based on Fosway’s in-depth five-dimensional grid analysis, which examines performance, potential, market presence, total cost of ownership, and future trajectory across the market.