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Not only have they just completed the sale of their NETg subsidiary to SkillSoft for $270 million , but they have also announced they are selling Higher Education assets of Thomson Learning to a couple of venture funds for $7.75 Saw Thomson Corp exists Learning Market on Learning Reflections.
If you want to know more about Second Life, you can jump into the world and attend classes sponsored by NETg. I found this billboard as I was walking around looking for educational institutions and experiences. If you already know about Second Life, they are looking for instructors as this sign shows.
If you are still wondering what Secondlife is all about and how it is being used in corporate universities, then you must check out this video from Thomson Netg. The New Media Center held an inworld tour of the ThomsonNetg campus this morning. I now remember why I've been a big advocate of interactive 3D learning for 10+ years.
full disclosure - As some of you may know, I joined Thomson NETg in January to run one of their strategic business units called Collaboration (essentially what was KnowledgeNet whom they acquired in late 2004). Very exciting (at least to me) but what I need is your feedback on a tool that Thomson NETg developed which I think is a hidden gem.
The Resulting Big Five: (forecasted annual revenue) SkillSoft $200M+ NETg $150M-200M? It also doesn't bode well for WebCT's willingness to play with open source (sorry Harold!) And of course back in August we had WebEx buying Intranets.com and SumTotal (created out of Docent + Click2Learn) buying PathLore as I discussed in this post.
. : ) as in walk away… Why is it important to find out if they have any or have they ever uploaded off the shelf 3rd party SCORM courses from another vendor (regardless of netg, skillsoft, elementK, whomever), because there may come a time, where you want a management or leadership course or a MS Word course and you do not want to build it.
I used to pitch up against some of the "big guys" -- NetG, SkillSoft -- who do some custom development, but the clients would choose our small shop because we provided better customer service. Denise has a really good point about the high-touch quality of the custom development houses, which is so essential in this biz.
Will we ever see this for Capella and University of Phoenix or Thompson NETg ? I started thinking about how people will wear university hats, t-shirts, sweaters, cheer for teams. long after the learning experience. What about the elearning in our own organization? How can we 'brand' e-learning and bond with our learners, like say Notre Dame
Bryan has had a distinguished career in corporate Learning & Development, including leadership roles with Skillsoft, Kaplan, AchieveGlobal and NETg. We discussed the evolution of the mLevel game-based learning platform and how it has helped a number of companies increase the effectiveness of learning in their organizations.
Its closer to our experience in the NETg tour the other day. the person from NETg was showing how they had created all these audio tracks and this whole room with comfy chairs for your avatar and you sat in the chair and clicked on the ball to hear the audio. But what I think Mark is talking about goes much deeper. In Mark's words. ".the
Who remembers NetG? NetG, was the evil empire of the days gone past – ok, in my mind. speed with no latency issues would be acquired by NetG and shoved into the Raiders of the Ark storage facility, next to the ark itself. Back in the day, there were some big names out there. Real interactive stuff. But Office ruled. .
The only other power was Skillsoft, who went an acquisition spree (RIP NetG and Element K). Learn.com started out as an LMS (yuck) but saw the future and moved to selling courses and content. We are talking in the stone age for the industry. Frankly, the money was in the content, the system a here you go.
NetG, Element K, being just two. Oh, how we missed you – Grovo followed the same approach as Learn.com, and how well did that turn out exactly? Skillsoft – Dominated the course/content marketplace. Acquired numerous content publishers in the early to mid-2000s. Skillsoft).
All of this comes of the heels of SkillSoft releasing SkillSoft Dialogue , their version of a virtual classroom and NETg buying KnowledgeNet last year for their virtual classroom technology/LMS resulting in their Knowledge Now suite.
I consider them the first, because Skillsoft just acquired course publishers, NetG – who acquired the most amazing video course solution, which could run on 38.8Kps, and you could bookmark the courses – unheard of. NetG ruined them). Then they became a course aggregator (with multiple providers. Next, Taleo bought them.
Hmm, let’s see NetG (back in the day), Skillsoft, Playback Media (not the new one out there, but another one – may the rest in peace), a few other shops and Rosetta Stone (yes, that Rosetta Stone). I refused to be the middleman or go between (unless a massive issue arose, but I never loaded the courses myself). And guess what?
. : ) as in walk away… Why is it important to find out if they have any or have they ever uploaded off the shelf 3rd party SCORM courses from another vendor (regardless of netg, skillsoft, elementK, whomever), because there may come a time, where you want a management or leadership course or a MS Word course and you do not want to build it.
When they went course aggregator, I saw them as a nice alternative to Skillsoft who was off acquiring other course providers including NetG and then down the road, Element K. It wasn’t great or okay, good, but there were people who liked it.
” This was due to the buying spree that Skillsoft conducted in the early to mid-2000s where they bought up quite a few 3rd party off the shelf vendors including NetG (a big player back then) and Element K (strong player back in the day). . Remember when I noted that some vendors saw them as the “evil empire?”
This first generation e-learning was revolutionary, and companies like Skillsoft, NetG, Click2Learn, DigitalThink — my alma mater — and others were born. We built long programs with fancy media and interactivities designed to mimic a multiday instructor-led course.
Sadly, one day I called, they were out of business, sold to the nefarious NetG – who likely placed them in a huge warehouse next to the remains of a famous pharaoh. Ditto on the 3rd party content, including one vendor who figured out how to create a video with bookmarks and chapters that streamed without issue on a 56K modem. Sadly,
At one time, it was the biggest brand out there, and a vendor who bought up other well-known content providers such as NetG and ElementK. I’ve never found their content to be engaging, Harvard that is. Skillsoft is another brand name. Skillsoft’s content is a mixed bag.
Dr. James L’Allier serves as Chief Learning Officer and Vice President, Research and Development of Thomson NETg, Inc. It’s a critical shift to strategic thinking that will ultimately lead those who aspire to be a learning executive to a place at the table. Comment below or email editors@CLOmedia.com. .
Remember Digital Think, SmartForce, Pensare, NETg, KnowledgeNet, UNext, Docent, One Touch, Centra, InterWise, and their brethren? In the late 1990s, the web changed everything. eLearning was born. Venture capitalists funded scores of eLearning companies, most of which disappeared in the dot-com crash a few years later.
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