Thought Industries Achieves Record Q1 Revenue Growth Fueled By Enterprise Demand For Customer Learning Technology and Best-Practice Strategies

 Thought Industries Achieves Record Q1 Revenue Growth Fueled By Enterprise Demand For Customer Learning Technology and Best-Practice Strategies

NI Expands Ti Customer Learning Cloud Investment With Transforming the All Digital VILT Model that Improves Customer Experience and Operational Efficiency

BOSTON , May 16, 2022 / PRNewswire/-Thought Industries, the world’s #1 platform for customer learning management (CLM), today announced record revenue growth in the first quarter of 2022, driven by new and expanded customer relationships in a variety of industries, from SaaS and business services creation and healthcare. This is the latest quarterly earning milestone for the company, whose core customer learning technology is changing the way organizations use training programs and services at all points in the life cycle. to the customer to reduce customer turnover, drive engagement, and grow revenue across the business.

Automatic test and measurement system provider on one of the companies expanding existing partnerships with Thought Industries. NI delivers on-demand training to thousands of students in the industrial and manufacturing space every quarter — with more than half of those typically comprised of new users. The company uses the Thought Industries platform to train its customers on NI systems to ensure they get the most value out of their complex technology investment. NI recently expanded their use of the Ti Customer Learning Cloud as it moved to an all-digital Virtual Instructor Led Training (VILT) training model, giving students a more immersive and engaging experience. experience. This transition also further improves operational efficiency by automating previously manual processes using the capabilities of the Ti platform such as Scheduled Reporting and Learner Notifications.

“We look forward to expanding our relationship and doing more with Thought Industries,” he said Gretchen Edelmon, Principal Product Owner – Digital Learning Experience at NI. “We’ve completely moved all of our virtual, teacher-led training activities to the Thought Industries platform, and it’s not something we could have done on our previous platform. Self-service, credit-based. registration in the future. ”

In addition to expanded partnerships, Thought Industries ’new customers in the quarter included quantum computing software provider D-Wave Systemsas well as cooperationproviding software-based project management tools. The Salvation Group – offering consulting products and services to help industrial and manufacturing enterprises ensure a safe work environment for employees – and Amiliaan eCommerce platform for activities and entertainment, also one of the newly signed Ti platform users.

Thought Industries also added new professional training customers in the first quarter, including HR.coma destination for HR education services and certification courses, and the 280 Group, which provides project management training. These organizations will use the Thought Industries platform to facilitate their individual training services.

In addition to recording revenue growth, other notable Q1 highlights for Thought Industries include:

“I’m excited to start 2022 with more customer growth than we’ve seen before. It’s great for our company, customers and partners, and the wider industry as a whole, because more leads organizations recognize the value of customer learning, ”he said Robin Wadsworth, President, Mind Industries. “We see good momentum in all aspects of our business and look forward to helping our customers continue their growth throughout the year.”

About Mind Industries

Mind Industries provides the world’s #1 software platform for customer learning management (CLM). Industry leaders use CLM to increase revenue, increase customer loyalty, and ensure customer success across technology, manufacturing, healthcare and other industries with complex products and services. training requirements. Thought Industries was founded in 2014 around the core belief that online learning experiences should be modern, intuitive, attractive and scalable. Headquarter at BostonThought Industries has offices throughout North America and Europe.

SOURCE Hidden Industries

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