Thought Industries Earns ‘Potential Leader’ Status in 2023 Fosway 9-Grid for Learning Systems
Recognition Reflects Ti’s Growing Success Across Europe Meeting the Complex External Learning Needs of Global, Enterprise-Scale Organizations
Thought Industries, the leading external enterprise learning platform for customer, partner and professional training, today announced it has been named as a ‘Potential Leader’ in the Fosway 2023 9-Grid™ for Learning Systems. This position in the 9-Grid reflects Fosway’s recognition of Thought Industries’ growing ability to address the complex enterprise-scale learning management needs of global organisations focused on external enterprise learning for customers and partners. Thought Industries notable strengths in this area include a focus on innovation and the support of a broad feature set.
The recognition by Fosway is the latest achievement for Thought Industries and External Enterprise Learning, which puts exceptional, profitable learning experiences at the centre of the journey for customers, partners, and professionals. The Thought Industries Enterprise Learning platform provides the solution to improve flexibility, reduce time to market, and create unrivalled learning experiences for organisations with complex products and training requirements – all with the aim of helping them grow revenue, increase product adoption, and scale their learning businesses.
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Participants in the Fosway 9-Grid™ for Learning Systems are rated based on their solution’s potential, performance and customer advocacy, market presence, total cost of ownership, and future trajectory (in relation to market trends). Potential Leaders provide sophisticated solutions with comprehensive suites of capabilities that are well suited to complex organisations but are recent entrants to the European market.
“This year our report has really highlighted extended enterprise, including partner and customer education, as a critical area of the Learning Systems market,” said David Wilson, CEO, Fosway Group. “As an extended enterprise specialist, Thought Industries continues to innovate its offering to help corporate customers extend their focus to train their external stakeholders online.”
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“We appreciate Fosway recognizing the importance and growth of the External Enterprise market in Europe, and the unique needs of enterprise-scale learning businesses,” said Barry Kelly, CEO, Thought Industries. “Thought Industries is well positioned to partner with organisations looking for innovation, scale, and a competitive advantage in the marketplace.”