Company experiences growth through enterprise-wide deployment of its innovative microlearning solution
Qstream, leaders in microlearning software for the remote workforce, reports that through August 2020, achieved 30% year over year new business growth and expanded its revenue by 20% in existing accounts. This momentum speaks to significant market demand in corporate enterprises seeking remote learning technology to better engage distributed teams and providing them with learning and development opportunities.
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Qstream also announced these remarkable milestones:
- 458% year over year increase in the number of learners on the platform.
- 25% increase in average deal size through broader L&D deployment.
- Substantial growth in core industries including Hospital and Healthcare (+266% increase), Pharmaceutical (60%), Manufacturing (37%), and Technology (16%).
“In 2020 the demand for quality remote learning solutions means we’ve seen broader adoption of Qstream microlearning by L&D teams enterprise-wide,” said Gary Greenberger, VP Sales, Qstream. “Organizations are recognizing Qstream’s ability to deliver effective and proven learning results in less time and at a dramatically lower cost than traditional learning technologies.”
“These remarkable achievements are a testament to our Qstream employees whose efforts on behalf of our customers deliver business-changing results,” said Rich Lanchantin, CEO, Qstream. “We’re thrilled that our customers are deploying Qstream across their organizations and consider Qstream a strategic business partner as they evolve their digital learning strategies.”
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