1、Professional Education and Learning Technology Sector UpdateHarris Williams|Q4 2022Perspectives on Professional Education and Learning Technology 2Regulated andCompliance TrainingSkill DevelopmentVertical EducationLearning TechnologySolutions designed to improve professionals skills in a broad varie
2、ty of functional areasSolutions tailored for specific industries,including pre-licensure,continuing education,and certification Solutions that enable organizations to comply with various regulatory,industry,and company-mandated training requirements Solutions that deliver content,facilitate digital
3、instruction,and enhance the learning experienceSelect Market ParticipantsSelect Market ParticipantsSelect Market ParticipantsKey TrendsKey TrendsKey TrendsRapid development in new and more complex technology is driving investment in upskilling initiativesSoft skills training for the workforce is bec
4、oming a strategic imperative for Fortune 500 and mid-market organizationsGrowth in the professional job market is creating a strong demand for training and professional certificationsIncreased focus on professional development is helping companies retain top talent;lack of training is cited as a key
5、 reason for departure by 70%of millennials switching companiesMandatory compliance and continuing education programs are creating demand for ongoing and repeatable trainingHigh-profile instances of cybercrime and ethical violations are leading organizations to adopt additional compliance and D&I tra
6、ining offeringsOrganizations continue to seek technologies that improve the learning experience,driving increased adoption in mobile learning,gamification,and micro learning solutionsCompanies are increasingly adopting solutions to support personalized instruction and preference for bite-sized learn