360Learning, the global leader in collaborative learning SaaS, has acquired eLamp, a game-changing
AI-powered skills platform. The purchase is part of 360Learning's aim to become the go-to learning platform for global enterprises looking to
reskill and upskill their employees from inside.
Skills are the major challenge for businesses of all sizes, acting as a bottleneck to growth and preventing them from competing with challengers. This problem is only set to grow in complexity: the World Economic Forum predicts that 50% of employees will need new skills by 2025. As well, older generations with coveted skills and knowledge are now retiring and leaving a vacuum that is expensive for HR teams to try and fill, as per business wire.
eLamp was created in 2015 as an AI-powered skills platform for the manufacturing and highly technical industries, with customers like Artelia and Bouygues Construction, as well as nuclear business Naval Group. The company's use of AI to change
skill management in businesses brought 360Learning and eLamp together to
power internal upskilling.
Mapping knowledge gaps in organizations is frequently done manually, which takes years to complete, costs millions of dollars to deploy, and is out-of-date by the time it reaches team members. Already, AI is making it faster and more effective to identify gaps and develop the right learning paths to transform an organization from the inside out through upskilling (ensuring employees have the right skills to perform in their current or next role) and reskilling (preparing employees to transition to a job in a different career path due to a change in company strategy or workforce re-allocation).
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