MOUNTAIN VIEW, CA -- 11/04/09 --
Expertus (www.expertus.com), a global
provider of services that optimize the business impact of learning, today
announced that the company has experienced striking growth despite the
economic hardship facing many training and development organizations.
Although the average U.S. corporate training budget declined by 10% in
2009, Expertus' learning service revenue increased by 35% from 2008 to
2009. Expertus offerings seeing the most growth include training
administration outsourcing, learning content creation, and the company's
Web 2.0 learning portal, called SmartPortal(TM).
"Our steady growth is indicative of companies' desire to reduce the costs
and risks of running all functions internally and align learning with
business imperatives," said Ramesh Ramani, Founder and CEO of Expertus. "We
are pleased to continually build relationships with our longtime clientele
and offer services to new clients who want to strengthen their learning
capacity and see measureable return on investment."
So far in 2009, Expertus has been retained by 14 new Fortune 500 clients
who all tend to be large, complex global enterprises, including the world's
largest medical device manufacturer, three of the world's largest
pharmaceutical companies, one of the world's top REITs, along with several
other notables including the Associated Press, VMware, E. & J. Gallo,
Helmerich & Payne, Ericsson and Sage.
"Our research shows that even in this difficult business climate, some
organizations are taking strides to better position their workforce for the
recovery," said Cushing Anderson, Program Vice President at IDC.
"Organizations that closely align business and learning objectives will be
in a better position to accelerate
growth in the early stage of the anticipated rebound, and Expertus remains
well positioned to help companies build stronger learning programs and
maximize employee development investments."
For information on Expertus, please visit www.expertus.com or call Mike
Murrell at 803-802-9971.
About Expertus
Expertus is the leading global provider of services that optimize the
business impact of learning. For more than a decade, the firm's 500+
learning management professionals have defined and implemented plans,
processes and technologies that transform training organizations --
creating measurable value for the world's most successful corporations.
Clients include ADP, Cisco, ConocoPhillips, EMC, Honeywell and Lockheed
Martin. Every day at these and other companies, more than a million
employees, customers and business partners are educated as a result of
Expertus' innovative business strategies, outsourcing services and
technology-rich solutions.
Based in Silicon Valley, Expertus serves its clients from offices in the
US, UK and India. For more information, visit www.expertus.com, or call
toll-free (877) 827-8160.
