A proprietary machine learning algorithm is behind Pluralsight’s ability to accurately assess technology skills.Organizations are increasingly using technology to gain strategic competitive advantages. A problem for employers is an overall lack of technology-based skills across the workforce., provider of a cloud-based technology learning platform, is one vendor leading the disruption in corporate training.
After analyzing the test results, the platform generates a technology proficiency score for the user . The score shows the exact skill sets that need the most improvement, then recommends specialized learning paths designed to expand overall knowledge related to specific tech topics. The company’s top content verticals at the moment are the cloud, AI, machine learning, data sciences and cybersecurity.
As the global corporate training market steadily shifts more toward improving technology training, Pluralsight’s overall opportunity will only get bigger. Pluralsight counts about 70% of the Fortune 500 and nearly 40% of the Global 2000 as customers. The company has a long runway for growth in the enterprise market, as its average penetration rate across its Fortune 500 customer base is only 5%.
Since it takes the average new sales rep about two years to reach full quota capacity, the company’s results this year should get a boost from the 2017 hiring spree, when the number of reps doubled.
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