The global education technology (edtech) sector is undergoing a remarkable transformation, with the market projected to surpass a staggering $142 billion. Instructure, a leading edtech innovator, is at the forefront of this revolution with its cutting-edge learning management system (LMS), Canvas.

Canvas has rapidly become the go-to LMS for educational institutions worldwide, known for its user-friendly interface, comprehensive features, and seamless integration with other educational tools. Its widespread adoption, particularly among top-tier universities and K-12 institutions, highlights its effectiveness and appeal in meeting the diverse needs of modern learners.

Instructure’s success is not just about technology; it’s about understanding the evolving landscape of education. With the rise of online and hybrid learning, the demand for flexible, accessible, and personalized learning experiences has never been greater. Canvas addresses these needs by providing a robust platform for educators to create engaging and interactive courses, while empowering students to learn at their own pace and on their own terms.

Moreover, Instructure is tackling key challenges in education, such as the fragmentation of educational pathways. Through strategic acquisitions like Parchment, a credential management solution, Instructure is enabling the creation of comprehensive learner profiles that facilitate seamless transitions between institutions and career opportunities.

As the edtech market continues to grow, Instructure’s focus on innovation, accessibility, and user experience positions it as a key player in shaping the future of education. With Canvas as its cornerstone, Instructure is building a comprehensive learning ecosystem that connects learners, educators, and employers, ultimately transforming lifelong learning and unlocking its immense potential.

Skills-Based Training Programs Are Also Growing

Organizations are under great pressure to ensure their workforce possess the necessary skills to stay relevant in their industries in an era of rapid technological advancements and economic changes. Custom skills-based training programs have emerged as a solution that addresses skill gaps, improves employee skills, and helps companies respond to shifts in their industry, ultimately improving business profits while holding on to engaged employees.  

As industries continue to experience change, the need for new skills increases, so it’s important for companies to invest in upskilling and reskilling their workforce. In fact, many leaders are ill-prepared to tackle new technology and talent challenges that arise with several of these leaders attributing this struggle to the skill gaps the employees have. Custom skills-based training programs help organizations reach their goals effectively due to them being tailored to meet the specific needs that the organizations face. Therefore this approach focuses on improving the weakest skills employees have while allowing organizations to refine areas that are impacting their performance and business outcomes the most. 

YU Global’s custom skills based training and development training programs incorporate the use of artificial intelligence (AI) to further boost their effectiveness as an AI-enriched learning solution can personalize learning experiences for each individual employee. So each employee receives training that is tailored to their specific skill needs, pace, and way of learning. These personalized courses can lead to better learning outcomes since employees will be more engaged with the course material and retain what they learn more effectively so they can use the newfound information immediately. 

AI-enhanced training programs make course development a faster process than ever before, making them cheaper to produce compared to traditional course development. In fact, courses can be made within just a couple of weeks. They offer educational content in a wide range of topics that can be distributed to a more dispersed workforce as well. Online training courses make it easy for organizations to provide support to any employee, regardless of where or how they work. They can be delivered on online platforms or mobile devices, allowing employees to learn at a pace and schedule they are most comfortable with. This kind of flexibility is appealing and convenient for today’s diverse working environment where employees may be working in countries that have vastly different time zones from each other. 

Investing in custom training programs offers many benefits for both companies and their employees. One of them is enhanced employee engagement. Employees always want to improve their skills and deepen their expertise, so if they are offered training that is relevant to their roles and career goals, they are most likely going to be more motivated to do their work. The investment in each individual employee’s professional development can lead to higher levels of job satisfaction, employee retention, and company involvement. 

Custom skills-based training courses can lead to better business performance as well by helping employees gain the skills they need to achieve success and therefore allow organizations reach even higher levels of productivity. This can eventually lead to more profit and competitiveness in the business market. Furthermore, by tackling skill gap issues through continuous learning opportunities, companies can future-proof their workforce and respond immediately to any industry changes that arise. 

Moreover, custom training programs can help organizations improve their brand image and attract top talent. In an increasingly competitive job market, companies that offer opportunities for professional development will be more attractive to high-potential candidates. The best job candidates are more likely to apply to and stay at a company that allows their employees to grow and build on their skills. Hiring such talent can lead to a capable and motivated workforce that can contribute to a company’s long-term success. 

Custom skills-based learning and development training programs are necessary for companies that want to stay ahead of the competition in a fast-changing business environment. By offering relevant, personalized, and flexible learning opportunities to employees, companies can directly address skill gap issues, improve employee performance, and boost their bottom line. AI-enriched learning solutions are backed by advanced technologies that make courses even more effective and affordable than ever before. With industries continuously evolving, skills-based training courses is a powerful investment for companies seeking to remain successful long into the future.

Published by: Nelly Chavez