Pearson buys Credly
EXCLUSIVE Pearson buys certification group Credly in deal valued at $200m
The UK-listed firm, a major supplier of courseware and assessments in schools and colleges in the United States, Britain and around the world
Pearson CEO Andy Bird told Reuters that verified credentials were becoming more important as technology adapts, leaving many companies with a skills gap where staff need training on how to work with processes such as artificial intelligence.
Pearson, which has been buffeted by the shift from physical courseware to online learning, bought AI and analytics group Faethm in 2021, which spots skills gaps for organisations.
Credly partners with organisations such as IBM, Microsoft and Amazon Web Services to provide certifications, or digital credentials, to workers both inside their firms and out who have attained a certain level with their product. Based in the United States, half of the people earning credentials on the platform are outside America, with India one of its biggest markets.
Pearson will now be able to combine the diagnostic tools of Faethm with its own digital learning programmes and Credly’s certification capabilities to offer a full service to companies.
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more on microcredentials in this IMS blog
https://blog.stcloudstate.edu/ims?s=microcredential
more on Pearson in this IMS blog
https://blog.stcloudstate.edu/ims?s=pearson