How’s your closed tech stack working out for you?
My guess is not so good.
A closed approach to building your learning stack—using, essentially, a single vendor solution from end-to-end—might be enticing for HR. It often sounds simple. And it can help short-term operations.
But it isn’t good for your people. A closed learning tech stack mortgages your company’s future by denying employees the learning they need to stay ahead of your competition.
Whether you’re integrating with skills vendors or traditional HCM vendors, LMS vendors, talent marketplaces, or content vendors, we believe you benefit when Degreed takes an open approach.
Embracing Competition
An open approach has led Degreed to partner with companies we compete with directly, companies of all sizes, and we always advocate for an interoperable future. It has made friends out of competitors.
In a healthy, cost-efficient, competitive ecosystem, everyone can use the best tools and watch the best courses.
Do you remember when there was only one real option for eLearning content? It was the worst era of modern learning. But today there’s Udemy and Coursera and Pluralsight and TED and MasterClass and BookClub and EdX and OpenSesame and getAbstract. It all adds up to a competitive learning landscape—and that means it’s a healthy learning landscape.
And we haven’t forgotten the ultimate promise of Degreed is to enable learning over a lifetime, not learning that happens with a single employer or provider.
Fostering Innovation
The Degreed commitment to orchestrating an open ecosystem advances the L&D industry. It’s part of the reason we set up Degreed the way we did.
I founded Degreed to recognize all your learning and skills. And now, we’re living through the shift toward the skills-based world I’ve been dreaming about for the last two decades. Indeed, skills-based organizations are 79% more likely to provide a positive workforce experience and 63% more likely to achieve results.
The Degreed skills journey is following a path we’ve seen before—as learning has gone from being a closed, often exclusive, and expensive experience to an open one. A democratized one.
Consider the consumption of music. You used to have to go to a store and buy an entire album. Now, with Spotify and Apple Music, you can listen to any piece of music you want, when you want. You can create playlists of different songs, across artists and genres.
Consider the TV experience. We’ve gone from three channels to an explosion of options—hundreds of cable channels, dozens of streaming services, seemingly millions of shows and movies. Not to mention an explosion of content on YouTube, TikTok, and Instagram.
All at your fingertips. All available to everyone.
All enabled by technology. All enabled by openness and interoperability.
Orchestrating Workforce Change
Today, you can use Degreed to curate playlists of learning content from across providers.
You can orchestrate personalized pathways—and use automations to deliver learning when and where you need it.
You can give your people an AI coach that provides the feedback and support they need.
And now, we also see an explosion of new providers tackling different challenges surrounding developing, assessing, and verifying skills.
At Degreed, our take has always been this: It shouldn’t matter where or how you developed a skill. Our job is to enable openness and interoperability across the learning ecosystem as it grows. That enables everyone to travel the best path and use the best tools that work for them. It’s how we deliver value to you and your employees.
Learn more.
Let’s talk about your learning tech ecosystem. Contact us today to request a Degreed demo.
You can also watch Degreed Vision 2024 on demand—for a deeper dive into our latest product innovations.
