[Ranking] TOP 25 Corporate Training / Education Companies Q3/2023
Intro
Corporate training is an essential component of the education industry, playing a crucial role in equipping professionals with the skills they need to thrive in today's rapidly evolving business landscape. With the demand for continuous learning and upskilling on the rise, corporate training has become vital for companies to stay competitive.
The influence of corporate training extends far beyond the companies themselves. By nurturing talent and fostering innovation, it has a ripple effect across diverse sectors, impacting the overall economic growth and productivity of nations. Well-trained professionals contribute to higher job satisfaction, increased employee retention, and ultimately, a stronger economy.
The economic magnitude of the corporate training industry is substantial and shows no signs of slowing down. According to recent reports, the industry is projected to reach a value of over $200 billion by 2027. As companies recognize the importance of investing in their workforce, the demand for high-quality corporate training programs continues to soar.
In recent years, several trends, breakthroughs, and obstacles have shaped the corporate training landscape. The rapid advancement of technology, such as the rise of artificial intelligence and virtual reality, has revolutionized training methods, making them more immersive and engaging. However, the industry also faces challenges, such as the need to adapt to remote work environments and address the evolving needs of a diverse workforce.
The corporate training industry is dynamic and ever-changing. With the constant emergence of new technologies, evolving learning preferences, and changing business landscapes, companies in this field must stay agile and innovative to remain competitive. In this article, we will explore some of the top companies in the corporate training sub-industry, highlighting their contributions and innovative approaches to equipping professionals for success.
Ranking
#25 Absorb Software Inc.
Employees: 0.1K
Revenue: 4M$
Website: https://www.absorblms.com/
Description: Absorb Software Inc. is a corporate training company based in Calgary, Canada. Founded in 2003, the company specializes in providing learning management systems (LMS) and e-learning solutions to businesses in the education industry. With a team of approximately 100 employees, Absorb Software has established itself as a leading provider of training and development software. The company's flagship product, Absorb LMS, enables organizations to create, deliver, and track online training programs for their employees. Absorb Software has achieved a revenue of 4 million dollars through its innovative software solutions that cater to the training needs of various educational institutions and corporate clients.
#24 Cornerstone Learning, Inc.
Employees: 0.1K
Revenue: 5M$
Website: https://www.cornerstonelearning.com
Description: Cornerstone Learning, Inc. is a leading corporate training company based in New York City. Established in 1999, the company specializes in providing comprehensive training solutions to businesses across various industries. With a team of approximately 100 dedicated professionals, Cornerstone Learning offers a wide range of training programs and courses designed to enhance employee skills and optimize organizational performance. Their training modules cover a diverse array of topics including leadership development, sales and marketing, customer service, and team building. Cornerstone Learning has successfully served numerous clients, ranging from small startups to multinational corporations, helping them achieve their training objectives and drive business growth. With a strong commitment to delivering high-quality training experiences, Cornerstone Learning continues to be a trusted partner for companies seeking effective corporate training solutions.
#23 Docebo Inc.
Employees: 0.1K
Revenue: 15M$
Website: https://www.docebo.com
Description: Docebo Inc. is a leading corporate training company headquartered in Athens, United States. Founded in 2005, Docebo specializes in providing innovative e-learning solutions to businesses in the education industry. With a team of approximately 100 employees, Docebo offers a comprehensive platform that enables organizations to create, deliver, and track their training programs effectively. The company's user-friendly interface and advanced features make it a preferred choice for corporate training needs. Docebo generated a revenue of 15 million dollars in the last fiscal year, establishing itself as a key player in the corporate training market.
#22 Desire2Learn Incorporated
Employees: 0.5K
Revenue: 50M$
Website: https://www.d2l.com
Description: Desire2Learn Incorporated, headquartered in Kitchener, Canada, is a leading corporate training company operating in the education industry. Founded in 1999, Desire2Learn offers a comprehensive learning management system designed to meet the needs of businesses in providing effective training programs to their employees. With a workforce of approximately 500 employees, Desire2Learn has established itself as a key player in the corporate training sector. The company generates a revenue of 50 million dollars, fueling its continuous innovation and expansion in the industry. Through its user-friendly platform and cutting-edge technologies, Desire2Learn aims to empower organizations with the tools and resources to develop and enhance the skills of their workforce, ultimately driving business growth and success.
#21 EdX Inc.
Employees: 1.6K
Revenue: 50M$
Website: https://www.edx.org
Description: EdX Inc., headquartered in Cambridge, United States, is a leading corporate training provider in the education industry. Founded in 2012, the company offers a wide range of online courses and programs designed to upskill employees and enhance their professional development. With a team of approximately 1.6 thousand employees, EdX Inc. delivers high-quality educational content to individuals and organizations worldwide. The company's revenue is estimated to be around 50 million dollars, reflecting its strong presence and success in the corporate training sector. Through its user-friendly platform, EdX Inc. empowers companies to offer flexible and accessible learning opportunities to their workforce, fostering continuous growth and innovation in the corporate world.
#20 Instructure, Inc.
Employees: 1.3K
Revenue: 128M$
Website: https://www.instructure.com/
Description: Instructure, Inc., headquartered in Salt Lake City, United States, is a leading provider of corporate training solutions in the education industry. Founded in 2008, the company has a workforce of approximately 1.3 thousand employees. Instructure offers a comprehensive platform that enables organizations to deliver engaging and personalized learning experiences to their employees. With its intuitive interface and robust features, the company's platform is utilized by numerous businesses across North America. Instructure generates an annual revenue of 128 million USD through its innovative corporate training solutions.
#19 Saba Software, Inc.
Employees: 1.5K
Revenue: 150M$
Website: https://www.saba.com
Description: Saba Software, Inc. is a leading provider of corporate training solutions in the Education industry. Based in Dublin, United States, Saba Software offers a comprehensive suite of learning management and talent development tools to help organizations improve employee performance and drive business growth. With a focus on innovative technology and personalized learning experiences, Saba Software enables companies to deliver engaging training content, track employee progress, and foster a culture of continuous learning. Since its founding in 1997, Saba Software has grown to a workforce of approximately 1.5 thousand employees and generates an annual revenue of around 150 million US dollars.
#18 Udacity, Inc.
Employees: 1.6K
Revenue: 150M$
Website: https://www.udacity.com
Description: Udacity, Inc. is a leading corporate training provider in the education industry. Headquartered in Mountain View, California, Udacity offers online courses and programs that cater to the professional development needs of individuals and organizations. The company was founded in 2011 and has a team of approximately 1,600 employees. With a revenue of 150 million dollars, Udacity delivers high-quality training in various fields, including technology, data science, artificial intelligence, and business. Through its user-friendly platform, Udacity enables learners to acquire new skills and advance their careers, making it a valuable resource for companies seeking to upskill their workforce.
#17 NIIT Limited
Employees: 3K
Revenue: 150M$
Website: https://www.niit.com
Description: NIIT Limited, headquartered in Gurugram, India, is a leading corporate training company operating in the Education industry. With a history dating back to 1981, NIIT has established itself as a trusted provider of training solutions for businesses. The company offers a wide range of corporate training programs that cater to the diverse needs of organizations across various sectors. NIIT's training solutions encompass areas such as technology, leadership development, digital marketing, and soft skills. With a team of approximately 3,000 employees, NIIT has successfully trained professionals from numerous companies to enhance their skills and drive organizational growth. The company has achieved a revenue of 150 million dollars through its impactful training initiatives.
#16 Articulate Global, Inc.
Employees: 1.2K
Revenue: 250M$
Website: https://www.articulate.com
Description: Articulate Global, Inc. is a leading provider of corporate training solutions in the education industry. Headquartered in New York, United States, the company was founded in 2002. With a workforce of approximately 1.2K employees, Articulate Global offers a range of innovative training programs and tools designed to enhance employee skills and improve organizational performance. Their comprehensive portfolio includes e-learning courses, interactive presentations, and learning management systems. The company's website, https://www.articulate.com, serves as a hub for accessing their training resources and connecting with industry professionals. With an annual revenue of 250M$, Articulate Global has established itself as a trusted partner for corporations seeking impactful training solutions.
#15 Pluralsight, Inc.
Employees: 1.6K
Revenue: 300M$
Website: https://www.pluralsight.com
Description: Pluralsight, Inc. is a leading corporate training company operating in the Education industry. Headquartered in Salt Lake City, United States, Pluralsight was founded in 2004. With a workforce of approximately 1,600 employees, the company offers a wide range of training courses and learning paths to help organizations upskill their employees in various technological domains. Pluralsight provides online video courses and learning resources in collaboration with industry experts, enabling businesses to enhance their workforce's skills and stay competitive in the rapidly evolving digital landscape. The company generates an estimated annual revenue of 300 million dollars, contributing to the growth and development of the corporate training sector.
#14 Chegg, Inc.
Employees: 1.5K
Revenue: 400M$
Website: https://www.chegg.com
Description: Chegg, Inc. is a leading education technology company based in Santa Clara, United States. Founded in 2005, Chegg focuses on providing corporate training solutions in the education industry. With a team of approximately 1,500 employees, Chegg offers a range of online learning platforms and services to support corporate training initiatives. The company's revenue is estimated to be around 400 million dollars. Through its website and digital platforms, Chegg aims to enhance the learning experience for professionals and companies by offering interactive and engaging training materials, assessments, and personalized learning tools. Chegg's dedication to innovation and technology has made it a prominent player in the corporate training sector, helping organizations develop and upskill their workforce effectively.
#13 Blackboard Inc.
Employees: 3K
Revenue: 500M$
Website: https://www.blackboard.com
Description: Blackboard Inc. is a leading provider of corporate training solutions in the education industry. Headquartered in Washington D.C., United States, Blackboard offers a comprehensive suite of learning management systems and software applications designed to enhance employee training and development. With over 20 years of experience, the company has established itself as a key player in the corporate training market, serving thousands of organizations around the world. Blackboard's solutions enable companies to create and deliver engaging online courses, track learner progress, and provide interactive learning experiences. The company's innovative platforms empower businesses to improve employee skills, knowledge, and performance through flexible and scalable training programs. With a workforce of approximately 3,000 employees and annual revenue of 500 million dollars, Blackboard continues to drive innovation and shape the future of corporate training in the education industry.
#12 Cornerstone OnDemand, Inc.
Employees: 2.5K
Revenue: 500M$
Website: https://www.cornerstoneondemand.com
Description: Cornerstone OnDemand, Inc. is a leading provider of corporate training solutions in the education industry. Headquartered in Santa Monica, United States, the company was founded in 1999. With a workforce of approximately 2,500 employees, Cornerstone OnDemand offers a comprehensive suite of training and development tools designed to help businesses enhance their employee skills and knowledge. The company's platform enables organizations to create, deliver, and track various training programs, including e-learning courses, certifications, and performance assessments. Cornerstone OnDemand's innovative solutions cater to a wide range of industries and sectors, empowering companies to optimize their workforce and drive business growth. With annual revenue of 500 million dollars, Cornerstone OnDemand continues to be a leader in the corporate training industry, providing cutting-edge solutions for organizations worldwide.
#11 Skillsoft Corporation
Employees: 3K
Revenue: 500M$
Website: https://www.skillsoft.com
Description: Skillsoft Corporation, headquartered in Nashua, United States, is a leading provider of corporate training solutions in the Education industry. Founded in 1998, Skillsoft offers a wide range of learning content, including courses, videos, books, and assessments, to organizations worldwide. With a workforce of approximately 3,000 employees, Skillsoft serves over 6,000 customers and delivers training in various areas such as leadership development, digital transformation, compliance, and IT skills. The company's revenue amounts to around 500 million dollars, positioning Skillsoft as a key player in the corporate training market.
#10 Coursera, Inc.
Employees: 2.5K
Revenue: 500M$
Website: https://www.coursera.org
Description: Coursera, Inc. is a leading online learning platform in the field of corporate training. Headquartered in Mountain View, California, United States, Coursera was founded in 2012. With a workforce of approximately 2.5K employees, the company has established itself as a major player in the education industry. Coursera offers a wide range of courses and programs tailored to meet the needs of corporate clients, helping them enhance their employees' skills and knowledge. The platform provides access to high-quality educational content from renowned universities and institutions worldwide. Coursera's revenue stands at an impressive 500M$, reflecting its success in providing top-notch corporate training solutions to organizations globally.
#9 China Distance Education Holdings Limited
Employees: 5K
Revenue: 800M$
Website: https://www.cdeledu.com
Description: China Distance Education Holdings Limited is a leading provider of online education and training services in China. Founded in 2000 and headquartered in Beijing, the company offers corporate training programs to professionals across various industries. With a team of over 5,000 employees, China Distance Education Holdings Limited delivers high-quality online courses and certification programs to help individuals enhance their skills and knowledge. The company has achieved significant revenue growth, generating approximately 800 million USD in annual revenue. Through its innovative online learning platform, China Distance Education Holdings Limited is committed to providing convenient and flexible corporate training solutions to meet the evolving needs of the workforce in China.
#8 2U, Inc.
Employees: 3.5K
Revenue: 1.2B$
Website: https://www.2u.com
Description: 2U, Inc. is a leading provider of corporate training solutions in the education industry. Headquartered in Lanham, United States, 2U offers a wide range of training programs and services designed to enhance the skills and knowledge of employees in various corporate settings. The company was founded in 2008 and has since grown to employ approximately 3,500 professionals. With an annual revenue of 1.2 billion dollars, 2U has established itself as a key player in the corporate training sector. Through its innovative online learning platform, 2U helps organizations deliver high-quality training programs that are flexible, interactive, and tailored to meet the specific needs of their workforce.
#7 Houghton Mifflin Harcourt Company
Employees: 4.5K
Revenue: 1.2B$
Website: https://www.hmhco.com/
Description: Houghton Mifflin Harcourt Company, headquartered in Boston, United States, is a leading player in the corporate training industry. With a rich history dating back to 1832, the company has established itself as a prominent provider of educational solutions. Houghton Mifflin Harcourt offers a wide range of corporate training programs and resources, catering to the diverse needs of organizations in the education sector. Their offerings include comprehensive training materials, interactive learning platforms, and innovative technologies designed to enhance employee skills and knowledge. With a dedicated team of approximately 4,500 employees, the company is committed to delivering high-quality training solutions to empower individuals and drive organizational success. Houghton Mifflin Harcourt Company has achieved a revenue of 1.2 billion dollars, solidifying its position as a key player in the corporate training industry.
#6 Cengage Learning Holdings II, Inc.
Employees: 5.0K
Revenue: 1.2B$
Website: https://www.cengage.com
Description: Cengage Learning Holdings II, Inc., headquartered in Boston, United States, is a leading corporate training company in the Education industry. Established in 2007, the company has a workforce of approximately 5,000 employees. With a revenue of 1.2 billion dollars, Cengage Learning Holdings II, Inc. offers a wide range of training programs and solutions to help organizations enhance their workforce's skills and knowledge. Their comprehensive training courses cover various areas, including leadership development, professional skills, technical expertise, and industry-specific knowledge. Leveraging advanced learning technologies, Cengage Learning Holdings II, Inc. ensures that their corporate training programs are interactive, engaging, and tailored to meet the specific needs of each organization. Through their innovative approach to corporate training, they empower businesses to thrive in today's fast-paced and competitive global landscape.
#5 McGraw-Hill Education, Inc.
Employees: 5.5K
Revenue: 1.5B$
Website: https://www.mheducation.com/
Description: McGraw-Hill Education, Inc. is a leading provider of educational materials and solutions in the corporate training industry. Headquartered in New York City, United States, the company has been in operation since 1888. With a workforce of approximately 5.5 thousand employees, McGraw-Hill Education offers a wide range of educational resources, including textbooks, digital learning tools, and customized training programs. The company's revenue is estimated to be around 1.5 billion dollars. McGraw-Hill Education is committed to helping organizations enhance their employees' skills and knowledge through innovative and effective learning solutions.
#4 Wiley (John Wiley & Sons, Inc.)
Employees: 5K
Revenue: 1.8B$
Website: https://www.wiley.com
Description: Wiley, headquartered in Hoboken, United States, is a prominent player in the corporate training industry. With a history dating back to 1807, the company has established itself as a leading provider of educational resources and solutions. Wiley offers a wide range of corporate training programs, leveraging their expertise in various fields such as business, technology, and healthcare. Through their innovative online platforms and learning management systems, Wiley caters to the training needs of organizations across the globe. With a workforce of approximately 5,000 employees, the company generates an impressive annual revenue of 1.8 billion U.S. dollars. Wiley's commitment to delivering high-quality education and training solutions has made them a trusted partner for corporate learning initiatives.
#3 TAL Education Group
Employees: 65K
Revenue: 2.3B$
Website: https://www.tal.com/
Description: TAL Education Group is a leading education company based in Beijing, China. Founded in 2003, the company specializes in providing corporate training services in the education industry. With headquarters in Beijing, TAL Education Group operates across Asia, including countries like China, Japan, and South Korea. The company employs approximately 65,000 people, making it one of the largest players in the corporate training sector. TAL Education Group offers a wide range of training programs and courses, catering to diverse educational needs. Their revenue stands at 2.3 billion USD, reflecting their strong presence and success in the industry.
#2 Pearson PLC
Employees: 32K
Revenue: 3.9B$
Website: https://www.pearson.com/
Description: Pearson PLC, headquartered in London, United Kingdom, is a leading company in the corporate training sector of the education industry. Founded in 1844, Pearson is dedicated to providing effective and innovative educational solutions for businesses and organizations worldwide. With a workforce of approximately 32,000 employees, the company offers a wide range of corporate training programs, including e-learning courses, leadership development, skills training, and professional certifications. Pearson's commitment to excellence and its comprehensive approach to corporate training have made it a trusted partner for companies seeking to enhance their employees' knowledge and skills. With a revenue of 3.9 billion dollars, Pearson continues to be a key player in the corporate training industry, shaping the future of workforce development and education for businesses globally.
#1 New Oriental Education & Technology Group Inc.
Employees: 54K
Revenue: 4.2B$
Website: https://www.neworiental.org/
Description: New Oriental Education & Technology Group Inc. is a leading provider of private educational services in China. Headquartered in Beijing, the company offers a wide range of educational programs and services, with a focus on language training and test preparation. Founded in 1993, New Oriental has grown to become one of the largest education companies in China, with a strong presence in both offline and online education. The company operates a network of learning centers across China, providing high-quality education to students of all ages. New Oriental's comprehensive corporate training programs cater to the needs of various industries, helping professionals enhance their skills and knowledge. With a team of over 54,000 employees, New Oriental is committed to delivering innovative and effective educational solutions to empower individuals and contribute to the development of the education sector in China.
Summary
The analysis of the top companies in the Corporate Training sub-industry reveals some key takeaways. The rankings are based on their significant accomplishments and contributions to the field of education. These companies have demonstrated excellence in providing training and development solutions to organizations across various sectors.
One unexpected finding is the increasing demand for online corporate training programs. With the rise of remote work and the need for flexible learning options, companies that offer virtual training have gained significant traction in the market.
Among the premier companies in the Corporate Training sub-industry, there are some standout names. These companies have established themselves as leaders by consistently delivering high-quality training solutions to their clients. They have a strong reputation and a track record of success in helping organizations enhance their workforce's skills and capabilities.
The top companies in Corporate Training share common elements and approaches that have contributed to their prosperity. They prioritize customization and tailor their training programs to meet the unique needs of each client. These companies also leverage technology to create engaging and interactive learning experiences, incorporating elements like gamification and simulations.
What sets these eminent companies apart from their industry rivals is their ability to innovate and stay ahead of the curve. They continuously update their training methodologies and offerings to align with the evolving needs of the corporate world. Additionally, these companies invest in research and development to stay at the forefront of new technologies and trends in the education sector.