Integration connects Skillsoft's learning
platform with Workday Human Capital Management and Workday Skills
Cloud
Skillsoft (NYSE: SKIL), a leading platform for transformative
learning experiences, today announced that it has achieved Workday
Certified Integration Status. Skillsoft, which is a Workday, Inc.
(NASDAQ: WDAY) software partner, now integrates with Workday Human
Capital Management (HCM) and Workday Skills Cloud. The integration
of Skillsoft Percipio with Workday gives joint customers a new
skills-based approach to learning, career development, and talent
optimization.
Workday HCM is a unified system that helps enable organizations
to make faster decisions, gain operational visibility, prepare for
future talent shifts, and build effective teams. Workday Skills
Cloud is an open and interconnected artificial intelligence (AI)
and machine learning (ML) skills intelligence foundation.
According to recent Skillsoft research, 66% of decision-makers
have identified critical skills gaps in their organization. 24%
attribute this to an inability to anticipate necessary future
skills. With skills transformation essential for maximizing
business performance and building a future-fit workforce, the
integration between Skillsoft and Workday is linking skills, roles,
and learning together to deliver impactful talent development
programs.
The integration between Skillsoft and Workday gives
organizations a comprehensive view and inventory of their
workforce’s skills. This, combined with an existing integration to
Workday Cloud Connect for Learning, enables more relevant, tailored
learning experiences, while reducing administrative burden and
allowing organizations to optimize and reskill their talent based
on key business needs.
“Skillsoft and Workday are delivering an innovative approach to
workforce transformation that will bring significant business
advantage to any organization investing in skills-based talent
development strategies,” said Apratim Purakayastha, GM, Enterprise
Solutions, Chief Product & Technology Officer, Skillsoft.
“Employees can now focus on building the skills they need to
advance their careers while organizations can harness the strength
of their talent to drive scalable growth."
Larissa Chaikowsky, Head, Talent Reskilling and Acceleration at
financial services institution Bank of Montreal, commented, “The
integrations between Skillsoft and Workday will give us increased
visibility and insight into our workforce's skills and allow us to
deliver a more focused, targeted learning experience to all Bank of
Montreal team members."
More information on Skillsoft’s integration can be found on the
Workday Marketplace, which provides easy access to solutions built
by Workday and its software and content partners.
About Skillsoft Skillsoft (NYSE: SKIL) delivers
transformative learning experiences that propel organizations and
people to grow together. The Company partners with enterprise
organizations and serves a global community of learners to prepare
today’s employees for tomorrow’s economy. With Skillsoft, customers
gain access to blended, multimodal learning experiences that do
more than build skills, they grow a more capable, adaptive, and
engaged workforce. Through a portfolio of best-in-class content, a
platform that is personalized and connected to customer needs,
world-class tech and a broad ecosystem of partners, Skillsoft
drives continuous growth and performance for employees and their
organizations by overcoming critical skill gaps and unlocking human
potential.
Cautionary Notes Regarding Forward Looking Statements
This document includes statements that are, or may be deemed to be,
“forward-looking statements” within the meaning of Section 27A of
the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended, which are intended to
be covered by the safe harbors created by those laws. All
statements, other than statements of historical facts, that address
activities, events or developments that we expect or anticipate may
occur in the future, including such things as the advantages of the
integration, are forward-looking statements and may be based on
current expectations, estimates or projections about our industry,
management’s beliefs or certain assumptions made by management.
Also, when we use words such as “may”, “will”, “would”,
“anticipate”, “believe”, “estimate”, “expect”, “intend”, “plan”,
“project”, “forecast”, “seek”, “outlook”, “target”, “goal”,
“probably”, or similar expressions, we are making forward-looking
statements. Such statements are based upon the current beliefs and
expectations of Skillsoft’s management and are subject to
significant risks and uncertainties, and we caution you against
unduly relying on these forward-looking statements.
Factors that could cause or contribute to such differences
include those described under “Risk Factors” in our Form 10‑K for
the fiscal year ended January 31, 2024, and subsequent periodic
reports. These factors should not be construed as exhaustive and
should be read in conjunction with the other cautionary statements
included in our other periodic filings with the Securities and
Exchange Commission. The Company disclaims any obligation to update
any forward-looking statements contained herein, except as required
by law.
Although we believe that the assumptions underlying our
forward-looking statements are reasonable, any of these
assumptions, and therefore also the forward-looking statements
based on these assumptions, could themselves prove to be incorrect,
and actual results or outcomes may vary materially from those
projected in, or implied by, such forward-looking statements.
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version on businesswire.com: https://www.businesswire.com/news/home/20240507901489/en/
Investors Chad Lyne chad.lyne@skillsoft.com
Media Cameron Martin Cameron.martin@skillsoft.com
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