Skillsoft Corp.
SKILSkillsoft Corp. (SKIL) is a provider of digital learning and corporate training solutions. The company offers a wide range of online courses, training programs, and resources aimed at professional development, skills enhancement, and compliance for businesses and educational institutions worldwide. Skillsoft's platform leverages technology to deliver accessible, scalable, and customizable learning experiences across diverse industries.
Company News
A comprehensive market analysis reveals top game-based learning companies like Duolingo, Kahoot!, and Skillsoft are leading innovation through AI personalization, interactive platforms, and corporate training solutions across educational sectors.
The Technical and Vocational Education market is projected to grow rapidly, reaching USD 1,793.00 billion by 2032, driven by the rising demand for skill-based learning and digital training access.
The global corporate training market is projected to reach $487.3 billion by 2031, growing at a CAGR of 8% driven by the increasing demand for upskilling, emphasis on employee retention, and the rise of soft skills training.
Skillsoft Corp. revised its revenue forecast for fiscal year 2025 downward, but reaffirmed its Adjusted EBITDA expectations. The company also announced a $10 million share repurchase program and set mid- and long-term financial targets.
Skillsoft, a major player in transformative learning, has launched a comprehensive generative AI (GenAI) skilling program in partnership with Microsoft. The program aims to upskill employees to effectively implement GenAI technology in their daily operations.
