iLearningEngines https://ilearningengines.com/ Just another WordPress site Wed, 03 May 2023 12:53:42 +0000 en-US hourly 1 https://wordpress.org/?v=6.2 https://ilearningengines.com/wp-content/uploads/2023/01/ilelogo-2.png iLearningEngines https://ilearningengines.com/ 32 32 iLearningEngines, a leader in AI-Powered Learning Automation, to List on NASDAQ via Merger with Arrowroot Acquisition Corp. https://ilearningengines.com/ilearningengines-a-leader-in-ai-powered-learning-automation-to-list-on-nasdaq-via-merger-with-arrowroot-acquisition-corp/ Fri, 28 Apr 2023 09:18:27 +0000 https://ilearningengines.com/?p=7920 iLearningEngines, a leader in AI-Powered Learning Automation, to List on NASDAQ via Merger with Arrowroot Acquisition Corp. The transaction has a minimum cash condition of $100 million, including funds from the Arrowroot Acquisition SPAC trust, a private convert with participation from Arrowroot Capital Management and other institutional investors that brings immediate capital into the company, […]

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iLearningEngines, a leader in AI-Powered Learning Automation, to List on NASDAQ via Merger with Arrowroot Acquisition Corp.

The transaction has a minimum cash condition of $100 million, including funds from the Arrowroot Acquisition SPAC trust, a private convert with participation from Arrowroot Capital Management and other institutional investors that brings immediate capital into the company, and additional sources of capital that are currently being negotiated.

Pro forma implied enterprise value of the combined company is approximately $1.4 billion.

 

BETHESDA, Md. & MARINA DEL REY, Calif.–(BUSINESS WIRE)–iLearningEngines (“iLearningEngines” or “the Company”), a leader in AI-powered learning automation and information intelligence for corporate and educational use, announced today that it has entered into a merger agreement with Arrowroot Acquisition Corp. (NASDAQ:ARRW), a publicly traded special purpose acquisition company sponsored by Arrowroot Capital, a 10 year old private equity firm specializing in enterprise software. Upon closing of the transaction, the combined company will be named iLearningEngines, Inc., and is expected to remain listed on the NASDAQ under the new ticker symbol, ‘AILE’. The combined company will continue to be led by iLearningEngines’ existing CEO and founder, Harish Chidambaran.

“As an early pioneer in enterprise AI and its application in learning and process automation, we believe iLearningEngines is in a category of one – owning a unique space with first mover advantage and significant moats built around specialized learning and engagement data sets”

In a globally distributed work environment, productizing enterprise knowledge has significant impact on business success, and remains a fundamental challenge given the sheer volumes of content and data. This is the problem that iLearningEngines solves. Uniquely positioned at the intersection of two massive, rapidly growing global markets – global e-Learning and global AI systems, each with an estimated total addressable market of greater than $200 billion by 2025 according to Technavio and IDC MaturityScape1 – iLearningEngines leverages its AI and machine learning to build Intelligent “Knowledge Clouds” from an organization’s internal and external content and data, creating a central repository of all enterprise intellectual property, and then distributes knowledge into enterprise workflows to drive autonomous learning, intelligent decision making , and process automation. iLearningEngines currently serves 12 core verticals, including industrials, oil & gas, education, healthcare and insurance.

Founded in 2010, iLearningEngines has grown rapidly since its initial product launch with customers across a diverse set of industries and geographic regions. Key business and company highlights include:

  • Powering over 1000 end-customers with over 3.2 million users
  • $309 million in revenue in 2022, up 42% year over year, and positive adjusted EBITDA the past 3 years
  • Net dollar retention of 119% with typical customer contract length of 3-5 years
  • Proprietary AI platform and highly specialized learning and engagement data sets
  • Over 100,000 research and development hours
  • Top 20 in Deloitte Fast 500 for four years in a row, including #5 in 2019
  • Rule of 40 software business consistently for the past 5 years

Under Mr. Chidambaran, iLearningEngines has built a profitable $300+ million annual revenue business while being very capital efficient. “As an early pioneer in enterprise AI and its application in learning and process automation, we believe iLearningEngines is in a category of one – owning a unique space with first mover advantage and significant moats built around specialized learning and engagement data sets,” said Mr. Chidambaran. “We are excited to be partnering with Arrowroot given their expertise in growing enterprise software businesses. We believe the capital raised in this transaction will allow us to accelerate growth, capitalizing on the massive market opportunity in front of us.”

“Arrowroot is in our 10th year; investing globally and specifically in growing enterprise software companies. We explored dozens of candidates for our first SPAC investment, searching for the next category killer, a $1 billion plus business that could be the next $10 billion company,” said Arrowroot CEO Matthew Safaii. “We believe we found that in iLearningEngines. This is a company with over 100,000 engineering research and development hours invested in creating one of the biggest independent AI focused software platform companies in the world. iLearningEngines is in an enviable software metric position. The company is at scale and posts high revenue growth along with profitability. Furthermore, we believe their large enterprise customer base is extremely sticky. We see iLearningEngines as not just a disruptor in enterprise grade AI, but as a public company that can overtake this burgeoning market space – with a huge opportunity for both organic growth and accretive M&A opportunities. Arrowroot Capital is in this for the long-term and is demonstrating this commitment by leading an investment directly into the company today. We have also priced the deal at 3.3x estimated 2023 revenue, a significant discount to a group of publicly traded peers, which we view as a very attractive entry point, especially for a company with top tier metrics.”

“We were early investors in iLearningEngines, and have been impressed with the management team’s ability to deliver consistent growth and profitability in this high growth AI segment,” said Rudy Ruano, Investment Partner with Western Technology Investment (WTI). iLearningEngines has been backed by WTI, a multi-stage venture finance firm that specializes in investments into leading technology companies. Founded in 1980, WTI has partnered with more than 1,400 companies across major innovation sectors. The firm was an early institutional investor in iconic technology companies like Google, Facebook, and Palantir among others.

Transaction Overview

The transaction has been unanimously approved by the Board of Directors of Arrowroot Acquisition Corp., as well as the Board of Directors of iLearningEngines, and is subject to the satisfaction of customary closing conditions, including the approval of the stockholders of Arrowroot Acquisition Corp.

The agreement includes a minimum cash requirement of $100 million that will be funded through several sources. The combined entity will receive approximately $43 million from Arrowroot Acquisition Corp.’s trust account, assuming no redemptions by Arrowroot Acquisition Corp.’s public stockholders. iLearningEngines will receive proceeds of a private convertible offering with participation from Arrowroot Capital and other institutional investors at the time the transaction is announced. iLearningEngines is also in discussions to raise additional capital via institutional investors. The intended use of cash is primarily for M&A and growth.

Additional information about the proposed transaction, including a copy of the merger agreement and investor presentation, will be provided in a Current Report on Form 8-K and in Arrowroot Acquisition Corp.’s registration statement on Form S-4, which will include a document that serves as a prospectus and proxy statement of Arrowroot Acquisition Corp., referred to as a proxy statement/prospectus, each of which will be filed by Arrowroot Acquisition Corp. with the Securities and Exchange Commission (“SEC”) and available at www.sec.gov.

Advisors

Cooley LLC is serving as legal counsel to iLearningEngines and Goodwin Procter LLP is serving as legal counsel to Arrowroot Acquisition Corp.

About iLearningEngines

iLearningEngines is the market leader in cloud-based, AI driven mission critical training for enterprises. iLearningEngines has consistently ranked as one of the fastest growing companies in North America on the Deloitte Technology Fast 500. iLearningEngines’ AI and Learning Automation platform is used by enterprises to productize their enterprise knowledge for consumption throughout the enterprise. The intense demand for scalable outcome-based training has led to deployments in some of the most regulated and detail-oriented vertical markets, including Healthcare, Education, Insurance, Retail, Oil & Gas / Energy, Manufacturing and Government. iLearningEngines was founded by Harish Chidambaran in 2010, with headquarters in Bethesda, MD and offices in Dubai, UAE, Sydney, Australia, and India.

About Arrowroot Acquisition Corp.

Arrowroot Acquisition Corp. is a special purpose acquisition company formed for the purpose to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The company is sponsored by Arrowroot Capital, a leading investor in enterprise software. Arrowroot Acquisition Corp. was founded on November 5, 2020 and is headquartered in Marina Del Rey, CA.

Important Information About the Proposed Transaction and Where to Find It

A full description of the terms of the transaction will be provided in a registration statement on Form S-4 to be filed with the SEC by Arrowroot Acquisition Corp. that will include a prospectus with respect to the combined company’s securities to be issued in connection with the business combination and a proxy statement with respect to the shareholder meeting of Arrowroot Acquisition Corp. to vote on the business combination. Arrowroot Acquisition Corp. urges its investors, shareholders and other interested persons to read, when available, the preliminary proxy statement/ prospectus as well as other documents filed with the SEC because these documents will contain important information about Arrowroot Acquisition Corp., iLearningEngines and the transaction. After the registration statement is declared effective, the definitive proxy statement/prospectus to be included in the registration statement will be mailed to shareholders of Arrowroot Acquisition Corp. as of a record date to be established for voting on the proposed business combination. Once available, shareholders will also be able to obtain a copy of the S-4, including the proxy statement/prospectus, and other documents filed with the SEC without charge, by directing a request to: Arrowroot Acquisition Corp., address. The preliminary and definitive proxy statement/prospectus to be included in the registration statement, once available, can also be obtained, without charge, at the SEC’s website (www.sec.gov).

Forward-Looking Statements

This press release contains forward-looking statements that are based on beliefs and assumptions and on information currently available. In some cases, you can identify forward-looking statements by the following words: “may,” “will,” “could,” “expect,” “intend,” “plan,” “believe,” “estimate,” “continue” or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. These statements involve risks, uncertainties and other factors that may cause actual results, levels of activity, performance or achievements to be materially different from the information expressed or implied by these forward-looking statements. We caution you that these statements are based on a combination of facts and factors currently known by us and our projections of the future, which are subject to a number of risks. Forward-looking statements in this press release include, but are not limited to, statements regarding the proposed business combination, including the timing and structure of the transaction, the listing of the combined company’s shares, the amount and use of the proceeds of the transaction, iLearningEngines’ future growth and innovations, the initial market capitalization of the combined company, the amount of funds available in the trust account as a result of stockholder redemptions or otherwise and the benefits of the transaction, the total addressable market for global e-Learning and global AI systems, and the existence of, as well as the potential value and duration of, any return on investment for customers of the combined company. In addition, iLearningEngines’ 2022 revenue is a preliminary estimate, which is subject to the completion of iLearningEngines’ quarter end close procedures and further financial review. Actual results may differ as a result of the completion of iLearningEngines’ quarter end closing procedures, review adjustments and other developments that may arise between now and the time such financial information for the period is finalized. Such differences may be material. As a result, those estimates are preliminary, may change and constitute forward-looking information and, as a result, are subject to risks and uncertainties. Neither iLearningEngines’ nor Arrowroot Acquisition Corp.’s registered accounting firm has audited, reviewed or compiled, examined or performed any procedures with respect to the preliminary results, nor have they expressed any opinion or any other form of assurance on the preliminary financial information. We cannot assure you that the forward-looking statements in this press release will prove to be accurate. These forward looking statements are subject to a number of risks and uncertainties, including, among others, changes in domestic and foreign business, market, financial, political, and legal conditions the ability of existing investors to redeem the ability to complete the business combination due to the failure to obtain approval from Arrowroot Acquisition Corp.’s shareholders, the failure to satisfy other closing conditions in the business combination agreement or otherwise, the occurrence of any event that could give rise to the termination of the business combination agreement, the failure to consummate the transactions contemplated by the forward purchase agreements, the ability to recognize the anticipated benefits of the business combination, risks relating to the uncertainty of the projected financial information with respect to iLearningEngines; risks related to the rollout of iLearningEngines’ business and the timing of expected business milestones; the effects of competition on iLearningEngines’ business, and other risks and uncertainties, including those to be included under the header “Risk Factors” in the registration statement on Form S-4 to be filed by Arrowroot Acquisition Corp. with the SEC and those included under the header “Risk Factors” in the final prospectus of Arrowroot Acquisition Corp. related to its initial public offering. Furthermore, if the forward-looking statements prove to be inaccurate, the inaccuracy may be material. In addition, you are cautioned that past performance may not be indicative of future results. In light of the significant uncertainties in these forward-looking statements, you should not rely on these statements in making an investment decision or regard these statements as a representation or warranty by us or any other person that we will achieve our objectives and plans in any specified time frame, or at all. The forward-looking statements in this press release represent our views as of the date of this press release. We anticipate that subsequent events and developments will cause our views to change. However, while we may elect to update these forward-looking statements at some point in the future, we have no current intention of doing so except to the extent required by applicable law. You should, therefore, not rely on these forward-looking statements as representing our views as of any date subsequent to the date of this press release.

No Offer or Solicitation

This communication is for informational purposes only and does not constitute an offer or invitation for the sale or purchase of securities, assets or the business described herein or a commitment to the Company or iLearningEngines, nor is it a solicitation of any vote, consent or approval in any jurisdiction pursuant to or in connection with the business combination or otherwise, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in contravention of applicable law.

Participants in Solicitation

Arrowroot Acquisition Corp. and iLearningEngines, and their respective directors and executive officers, may be deemed participants in the solicitation of proxies of Arrowroot Acquisition Corp.’s stockholders in respect of the business combination. Information about the directors and executive officers of Arrowroot Acquisition Corp. is set forth in the Arrowroot Acquisition Corp.’s filings with the SEC. Information about the directors and executive officers of iLearningEngines and more detailed information regarding the identity of all potential participants, and their direct and indirect interests by security holdings or otherwise, will be set forth in the definitive proxy statement/prospectus for the business combination when available. Additional information regarding the identity of all potential participants in the solicitation of proxies to Arrowroot Acquisition Corp.’s stockholders in connection with the proposed Business Combination and other matters to be voted upon at the special meeting, and their direct and indirect interests, by security holdings or otherwise, will be included in the definitive proxy statement/prospectus, when it becomes available.

1 Sources Technavio Global e-Learning Marketplace and IDC MaturityScape: Artificial Intelligence 2.0

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]]> Top Five Benefits of Having Content Augmentation in the Workplace https://ilearningengines.com/top-5-benefits-of-having-content-augmentation-in-the-workplace/ Tue, 25 Apr 2023 06:54:33 +0000 https://ilearningengines.com/?p=7900 We live in a data-driven world. With so much content and information within reach at any given time, it is important to have the necessary tools to help disseminate it. Businesses also have the opportunity to improve every aspect of their business by using data effectively. The challenge is that data can quickly become complex […]

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]]> We live in a data-driven world. With so much content and information within reach at any given time, it is important to have the necessary tools to help disseminate it. Businesses also have the opportunity to improve every aspect of their business by using data effectively. The challenge is that data can quickly become complex and overwhelming. The best way to tackle these issues is with a content augmentation system for your workplace. But what exactly is content augmentation?

Content Augmentation in the Workplace

The iLearningEngines (iLE) platform offers multiple AI tools, including content augmentation. This refers to the automatic management of all types of content. This technology is capable of natural language understanding that can identify intent and context through a process of disambiguation. This works for synthetic data, abstractive summarization, and query generation. The AI also generates question recommendations to augment content and make it more learnable.

In essence, it is about collating content to derive deeper insights. Technology can help automate this process and deliver incisive insights in real-time. There is also a very important step that precedes Content Augmentation: Content Ingestion. 

Top Five Benefits of Content Augmentation 

  1. Reduce the resources utilized for data collection: Content resides in multiple locations within enterprises–from intranets to external portals and digital storage systems. You’ll need a system to ingest all of this content, which can be as simple as pointing iLE’s AI to those sources. By employing this technology, you save on the resources associated with data collection (i.e., time and money). This is an ongoing benefit as you can set a date for the AI to keep updating the knowledge on a weekly and monthly basis to make sure your iLE Knowledge Shelves are always current and relevant.
  1. Multiple types of content augmented on one platform: There are multiple types of content, be it text-based, auditory, web-based, visual, and so on. All types of content can be stored in iLE’s Knowledge Cloud — a single repository of all an enterprise’s data that is readily available and easy to manage as a library of the company’s IP. 
  1. Contextual augmentation: Contextual search is becoming more and more important in the quest to source accurate and relevant content quickly. This helps you to find exactly what you need with internally-defined search words. Augmented content on the iLE platform is enabled for contextualized search, content recommendations, chatbot queries and in-process training. 

The AI scans the content and tags featured keywords to make the content searchable within your vast repository in a matter of seconds. 

  1. Processing at Scale: Using the most advanced technology, iLE is able to ingest mass amounts of data in record time – 1.5 MB in less than a minute. This means the process of ingesting the data, augmenting it and getting validation from the relevant stakeholders on auto-generated queries matching how they would search for data – in just two or three weeks. iLE also makes it possible to have all of this done in the background without affecting the daily workflow.
  1. Highly organized data: With great datasets comes great potential, which is why you’ll need a system that offers easy accessibility as – and when – required. Now, teams can share and collaborate without wasting time on frustrating systems. With iLE, users can have a conversation with the AI as they would with a colleague to request a file. This is made possible by the AI creating queries about the content and anticipating what information users would be looking to extract from each document.

One of the key features of the iLE platform is Knowledge Shelves. This allows for internal and external repository searches and creates your own versions for your team. This keeps all of the content highly organized with information about practices, competitor information, templates and product/domain knowledge readily available.

With all these benefits, it is clear to see that having content augmentation in the workplace can set your business apart. Harness the infinite possibilities available to use by using data intelligently. A key part of this process is the way your content is curated, understood and organized. 

Click here to get more information and learn more about Content Augmentation and its role within the wider iLearningEngines platform.

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]]> How to Enhance Remote Worker Collaboration & Productivity with Learning Automation https://ilearningengines.com/how-to-enhance-remote-worker-collaboration-productivity-with-learning-automation/ Tue, 25 Apr 2023 06:51:54 +0000 https://ilearningengines.com/?p=7903 Effectively managing remote teams can be challenging. For optimal productivity, businesses need to find ways to enhance collaboration and motivate their workers from afar. One of the best ways to achieve this is to create an agile and resilient workforce using a learning automation engine. Improving Collaboration and Productivity Among Remote Workers There are many […]

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]]> Effectively managing remote teams can be challenging. For optimal productivity, businesses need to find ways to enhance collaboration and motivate their workers from afar. One of the best ways to achieve this is to create an agile and resilient workforce using a learning automation engine.

Improving Collaboration and Productivity Among Remote Workers

There are many ways that automation helps remote workers. Essentially, there are tools which can complete mundane and time-consuming tasks. This includes data handling and administrative tasks, all the while reducing the risk of human error in the process. By automating these tasks, workflows can be streamlined to improve your team’s performance and allow more time to be spent fulfilling other duties.

Automation tools also enhance collaboration between teams. Executives can build collective channels for better communication and feedback loops. Automation also helpsimprove the quality of work output, creating a company culture based on collaboration. These tools can make it easier to communicate and synthesize ideas, keep teams aligned, and build momentum towards shared goals. 

There are a number of other ways that automation can improve the working environment and output of remote teams, including improving time management, reducing operational costs, and creating a more agile team. With more time for strategic and creative endeavors, automation paves the way for multiple added effects and benefits, from improving employee satisfaction to enhancing your business’s ability to capitalize on market trends. 

So, it is clear that there are many applications of automation in the workplace, ranging from project management to talent acquisition, customer support, sales, and marketing. However, the benefits of automation really depend on choosing the right platform. It should offer advanced AI capabilities and seamless integration for optimal effectiveness.

Automation with iLearningEngines

iLearningEngines (iLE) is a future-focused platform provider, dedicated to helping our clients to create successful digital workforces. To achieve this, we’ve developed custom automated learning ecosystems for our clients that feature a built-in performance monitoring framework. With iLE at the helm, your team will enjoy optimized processes and endless possibilities to help fulfill your enterprise’s ambitions.

iLE’s learning automation ecosystem provides for a powerful and versatile AI engine for aggregating content in a Knowledge Cloud. Smart AI then tags and organizes relevant content to enrich training courses, making it easier than ever to access relevant and contextualized information at a moment’s notice from Knowledge Shelves (that come from internal libraries and external content repositories). 

Personalized learner journeys can be created with iLE’s no-code AI Canvas, which allows for content to be curated to drive Enterprise-specific outcomes. Your team can use event triggers to architect powerful and personalized learning prescriptions designed to plug competency and performance gaps, even as the workforce is engaged within the workflow.

How the iLE platform delivers learning automation to clients:

  • Augmenting & Curating Content: Smart AI-tagging that augments and organizes relevant content.
  • Blended Learning: A combination of e-learning and instructor-led online training via live web conferencing for remote workers. 
  • Co-creating Courses: Designing and implementing custom-made courses with the added benefit of AI-based recommendations.
  • Content ingestion: iLE’s versatile AI engine can ingest and contextualize multimedia content.
  • Dashboards & reports: A complete repository of detailed reports.
  • External system integration: Versatile APIs on iLE’s platform combine seamlessly with leading management systems, communications platforms and content providers.
  • Knowledge shelves: Knowledge Shelves that augment learning by delivering contextualized, high-quality content.
  • Notifications: Configurable notifications to easily track content assignments and tests.
  • Training in the flow of work: Curate individualized learning journeys with a high degree of optimization, using advanced AI models in real-time.
  • Personalized pathways: The ability to curate individualized learning journeys with a high degree of optimization, using advanced AI models that deliver in real-time.
  • Test and assessments: Flexible AI-driven tests (with multiple question types), scoring assessments, and drill-down reports.

For more details on how iLearningEngines delivers learning automation to businesses, click here. 

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]]> How an Information Intelligence System Helps Enterprises Cater to Custom Operational Styles https://ilearningengines.com/how-an-information-intelligence-system-helps-enterprises-cater-to-custom-operational-styles/ Wed, 29 Mar 2023 14:10:12 +0000 https://ilearningengines.com/?p=7838 The post How an Information Intelligence System Helps Enterprises Cater to Custom Operational Styles appeared first on iLearningEngines.

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No two enterprises are the same–each has a preferred operational style that works for them. This is influenced by a range of factors, from industry sectors to leadership styles. At iLearningEngines, we know how important custom intelligence systems are for businesses. As platform providers, we cater to each of our client’s needs to ensure that they are able to harness the limitless potential of information intelligence. 

iLearningEngines (iLE) was founded in 2010 and has now expanded to six global offices. We specialize in transforming data into intelligence and have garnered over three million clients across 12 industry verticals. Deloitte has ranked iLE as one of the Top 20 fastest growing companies in North America and on the Deloitte Technology Fast 500 for four consecutive years.

As we continue to reach new milestones, we remain true to our purpose of providing Intelligence for the Limitless Enterprise. As such, the tech driving our platform is well-established and can be completely customized for all kinds of enterprises. 

The iLE platform produces deep insights in real-time that are designed to help enterprises to make informed decisions. These insights are powered by AI that is embedded at each touch point in the customer journey to drive business outcomes at scale. This is where the need for customization comes in, as each journey will be different.

Information intelligence can power both predictive and preventive decision-making. To achieve this, organizations need a system that manages data. However, data is typically siloed and not readily available or readable for teams when they need it most. 

So how does iLE achieve this?

The iLE platform works in three steps. It begins by facilitating intelligence. We create a Knowledge Cloud by ingesting content and using AI to create a central repository for all of your enterprise’s IP. Our system can tackle internal and external content across all kinds of formats, which allows for complete customization.

The second step involves custom workflows with seamless integrations to optimize processes and learning automation to accomplish mission-critical outcomes. This propels your enterprise’s system with ease as it uses a responsive no-code AI Canvas.

Finally, the transformational power of intelligence can be realized. iLE delivers enterprise-wide transformation using real-time information intelligence that delivers invaluable deep insights which are easily accessible and readable with custom reporting.

Read more about learning automation here.

Turning your enterprise’s data into intelligence has a number of benefits. These include:

  • Intelligent automation: By using data intelligence, companies can automate repetitive tasks  which results in increased productivity and cost savings.
  • Risk management: By analyzing data, companies can identify potential risks promptly and mitigate them.
  • Predictive modeling: Data intelligence can help companies make accurate predictions and optimize operations. 
  • Enhancing and developing operations: Through data analysis, enterprises can identify a wealth of new opportunities.
  • Improving customer experience and retention: By using data intelligence, Enterprises can create highly personalized and relevant experiences both internally and externally, resulting in greater satisfaction and retention among employees and customers. 

In a world of information overload and ever-evolving smart tech, can your enterprise afford to be under-utilizing its knowledge and data?

Are you ready to harness the true potential of data and unlock the power of intelligence? Click here to book a demo with the team at iLearningEngines.

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]]> Learning Automation as a Competitive Advantage: How Companies are Using Automation to Grow Their Businesses at Scale https://ilearningengines.com/learning-automation-as-a-competitive-advantage-how-companies-are-using-automation-to-grow-their-businesses-at-scale/ Wed, 29 Mar 2023 14:03:37 +0000 https://ilearningengines.com/?p=7832 The post Learning Automation as a Competitive Advantage: How Companies are Using Automation to Grow Their Businesses at Scale appeared first on iLearningEngines.

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Growth is a top goal for businesses, but few can attain and manage it at scale. Growth requires agility that many businesses simply aren’t prepared for. Having the right system in place is arguably the most important aspect of this, as this is the core of how your business functions. To enhance a competitive advantage, companies need an ideal learning and knowledge platform – ideally, one that comes with AI-powered learning automation. 

Learning automation is one of the best ways to future-proof your business. We at iLearningEngines (iLE) are passionate about this technology and have developed a platform that incorporates learning automation at its most advanced level. It was designed to help businesses (like yours) thrive. 

When you partner with iLE, you do not need to change everything from the inside out. In fact, the platform is primed to integrate with your existing programs and systems and enhance them, among many other things. It also doesn’t mean your workforce is at risk. In fact, it is a way to bring about the best in human capital.

But what does learning automation truly mean? Essentially, learning capabilities are embedded within your enterprise systems. The technology can then automate a wide range of tasks. This is made possible with customizable design workflows. Once you have these in place, you can enable specifically curated and timed outcomes. With iLE, your team can work better together and be empowered by technology to further aid your business in its growth trajectory. 

iLE’s master platform is capable of building an automated learning ecosystem with a built-in performance monitoring framework. With this, you’ll be able to spot gaps and opportunities. Additionally, recommendations are automatically delivered in real-time.

Let’s take a closer look at how iLE gives businesses the competitive advantage with learning automation. 

The iLE ecosystem is made up of an AI engine for your enterprise. This aggregates all of your content onto what we call a Knowledge Cloud with smart tags to organize all of your IP. The next step in the process is content creation and creating personalized learner journeys. In other words, your team members can curate content that is specific to their goals. There are all kinds of neat features, like event triggers, that create powerful and personalized learning prescriptions. 

This is important, especially when we consider that knowledge is power, and content is king. Imagine what your teams could achieve with high-quality, contextualized, and organized content at their fingertips. With a smart internal repository, there will be less time wasted on filing and searching, and more time working toward goals with the support of smart tech. 

But we shouldn’t talk about driving outcomes without looking at performance. Tracking engagement is a key part of iLE’s agile and responsive AI ecosystem. Advanced tracking can be embedded at each touchpoint in the user journey. This enables you to accurately keep track of performance with greater insights to drive the KPIs for your business. Of course, this sophisticated technology doesn’t stop at simply reporting – it offers intelligent recommendations to improve your content, systems, and mission-based outcomes. 

The best part? This just scratches the surface of what the iLE platform is capable of. Discover more about Learning Automation with iLearningEngines and unleash the greatest competitive edge. Scalable growth is closer than you could imagine. 

Book a demo with iLearningEngines to see how learning automation can help your business grow at scale. 

We’re eager to demonstrate how AI and learning automation can level up your business and prepare it for unprecedented growth by:

✓ Identifying potential risks

✓ Offering predictive modeling 

✓ Providing in-depth monitoring in real-time

✓ Automating risk response

✓ Offering the benefit of self-learning 

✓ Identifying risks and opportunities 

✓ Enabling better decision-making 

✓ Reducing error 

✓ Better utilizing resources with cost savings and automating repetitive tasks

✓ Editing with compliance and regulations 

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]]> More Intelligence, Fewer Questions: How Companies are Plugging Performance Gaps in Real-time with a Comprehensive Information System https://ilearningengines.com/more-intelligence-fewer-questions-how-companies-are-plugging-performance-gaps-in-real-time-with-a-comprehensive-information-system/ https://ilearningengines.com/more-intelligence-fewer-questions-how-companies-are-plugging-performance-gaps-in-real-time-with-a-comprehensive-information-system/#respond Mon, 27 Feb 2023 06:57:55 +0000 https://ilearningengines.com/?p=7798 The post More Intelligence, Fewer Questions: How Companies are Plugging Performance Gaps in Real-time with a Comprehensive Information System appeared first on iLearningEngines.

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Some of the key challenges that many companies face stem from performance gaps. With evolving technology and the deployment of intelligent systems, however, these challenges are quickly becoming quite manageable. A key strategy to helping your team identify and remedy performance gaps starts with leveraging the iLearningEngines platform, complete with a comprehensive information system.

The iLearningEngines (iLE) platform transforms data into intelligence for problem-solving that drives business. However, the platform goes another step further by utilizing information intelligence and insights to predict problems. This is a preventative measure that allows business to lessen threats and maximize opportunities.

So, how does iLE achieve this?

iLE’s 3-step formula to plugging performance gaps
The three key steps are:

1. Tracking and measuring performance
2. Continuous learning and improving prescriptions
3. Predictive and preventive decision-making and remedial action

As outlined, iLE is a comprehensive platform. The more embedded it is in the enterprise, the more data it can collect from multiple touchpoints, which means the data analysis is more robust with deeper insights.

Instead of just using technology to help solve problems, your business can use intelligence to predict future problems for preemptive mitigation and find opportunities to capitalise on for growth and scalability.

More than just having the systems in place, you need to be able to harness it to drive action and mission-based outcomes. This brings us to the next question…

How does iLE use intelligence to solve problems and close gaps?
The next set of 3 steps involves:

Integrating the Knowledge Cloud to Enterprise systems
Capturing event triggers to solve Enterprise specific problems/gaps
Closing these gaps through process automation and learning prescriptions dispersed on the right channel at the right time.

The steps above are applicable to multiple departments within a business, including HR, operations, customer service, and sales. Let’s take a closer look at how the iLE platform closes gaps for HR teams.

iLE integrates with a company’s existing HR functions. The AI can then use event and time triggers to address the gap right at the point of the problem and in the flow of work.
In other words, gaps can be learned and dealt with using process automation and leading prescriptions. What’s great is that this can operate seamlessly using your preferred channels.

Everything is automated and the data is collected and used to continually improve the insights and predicative capabilities of this software. This covers all employee information, from roles and responsibilities to reporting structures, onboarding, and payroll systems.

The iEmployeeEngine
iLearningEngines is a multifaceted platform. One of the engines we offer relates specifically to employees. Essentially, iEmployeeEngine empowers teams with the right information at the right time to boost productivity.

From HR policies to job processes, it offers employees timely support in the flow of work. In addition to this, there is iEmployeeAssist which uses workforce automation to eliminate monotonous administrative tasks. This results in motivated employees who deliver better service and client engagement.

Close the Gaps with iLearningEngines
Are you ready to harness the potential of an intelligent information system? Say goodbye to performance gaps and capitalize on more opportunities with a stronger workforce.

Click here to book a demo to see the full scope of the iLearningEngines platform.

The post More Intelligence, Fewer Questions: How Companies are Plugging Performance Gaps in Real-time with a Comprehensive Information System appeared first on iLearningEngines.

]]> https://ilearningengines.com/more-intelligence-fewer-questions-how-companies-are-plugging-performance-gaps-in-real-time-with-a-comprehensive-information-system/feed/ 0 Supercharge Your Data: How to Unlock Opportunities & Accelerate Growth with Rich Data Sets Powered by AI https://ilearningengines.com/supercharge-your-data/ https://ilearningengines.com/supercharge-your-data/#respond Thu, 23 Feb 2023 10:45:12 +0000 https://ilearningengines.com/?p=7788 The post Supercharge Your Data: How to Unlock Opportunities & Accelerate Growth with Rich Data Sets Powered by AI appeared first on iLearningEngines.

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Data sets can easily become a company’s defining competitive advantage. iLearningEngines is passionate about AI-powered rich data sets. Let’s unpack the ways in which our platform helps you unlock opportunities and accelerate growth. 

Data is a broad term referring to raw information that is collected for reference and analysis, at which point it becomes content. iLearningEngines (iLE) is a learning automation and information intelligence platform designed to solve the issue of scattered and underutilized data.

iLE helps transform data into learning and knowledge, which, in turn, becomes intelligence to drive business growth at scale. Let’s take a high-level look at how this is achieved:

  1. Enterprise-wide data is ingested through a process of content ingestion and augmentation. Imagine the ability to collate all of your data in a single platform without sacrificing the ability to continue using your preferred channels.
  2. iLE’s AI creates a single repository (Knowledge Cloud) that makes all your data readily available. This includes technical processes like workflows, expert assistance, and responsive prescriptions. Everything is augmented so that you can perform contextualized searches (with sharable and relevant Knowledge Shelves).
  3. Information intelligence takes another step ahead from solving problems to using the information as insights to predict and prevent issues as well as capitalize on opportunities. This means businesses gain access to a platform that can spot gaps and opportunities using predictive technology to spur them toward greater growth. Problems can be spotted using event triggers and gaps closed by seamlessly using iLE’s automated processes.

The deeper and broader iLE is embedded in the enterprise–collecting data from multiple touchpoints– the more powerful it gets to analyze rich data sets to capitalize on opportunities and grow at scale. 

iLE Enterprise Intelligence

Let’s take a look at the various ways that the iLE platform uses enterprise-wide AI intelligence:

  • AI Canvas: The iLE AI Canvas creates individualized user journeys and granular personalization while defining advanced AI-led models in real time.
  • AI Recommendation Engine: AI curation and augmentation helps faster, intelligent course creation.
  • AI Expert Assist: A powerful AI Assist platform combines in-process learning and industry use-cases to provide expert support and help on demand.  
  • AI Automation Engine: Cognitive-based adaptive testing, assisted grading, and process and task automation deliver real learning benefits.
  • AI Enterprise Search: An easy AI bolt-on to enterprise content repositories enables powerful index searching for contextual and relevant learning.
  • Enterprise Integration: An easy-to-implement AI canvas delivers multi-tenancy and robust scalability, integrating easily with enterprise backend systems.
  • iLE 360 Outcome Score Card: A 360-degree view of results for enterprises, with a management dashboard and scores for learners and trainers.
  • AI Insights: Identification of learning gaps and success markers through engagement signatures.
  • Conversational AI: Semantic understanding powered by AI and NLP models capable of handling both structured and unstructured data.
  • Flexible Deployment: On-premises or in-the-cloud deployment offers easy configurations. 

This is an overview of the many opportunities available to businesses for accelerated growth. With so much at stake and so much to be gained, AI-enhanced business operations are quickly shifting from nice-to-have tools to must-have solutions.

For more details on how iLE may be able to help your organization, click here for more information or click here to schedule a demo.

The post Supercharge Your Data: How to Unlock Opportunities & Accelerate Growth with Rich Data Sets Powered by AI appeared first on iLearningEngines.

]]> https://ilearningengines.com/supercharge-your-data/feed/ 0 Vedhik eSchools partners with iLearningEngines to Launch AI-powered Learning Experience Platform in Bengaluru. https://ilearningengines.com/vedhik-eschools-partners-with-ilearningengines-to-launch-ai-powered-learning-experience-platform-in-bengaluru/ https://ilearningengines.com/vedhik-eschools-partners-with-ilearningengines-to-launch-ai-powered-learning-experience-platform-in-bengaluru/#respond Thu, 23 Feb 2023 10:37:47 +0000 https://ilearningengines.com/?p=7781 The post Vedhik eSchools partners with iLearningEngines to Launch AI-powered Learning Experience Platform in Bengaluru. appeared first on iLearningEngines.

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Vedhik eSchools partners with iLearningEngines to Launch AI-powered Learning Experience Platform in Bengaluru.

The country’s first AI-driven multi-teacher learning platform enabling schools to attain higher grades in the school accreditation process

Bengaluru, Karnataka, India – On 11 February 2023, Vedhik IAS Academy in partnership with iLearningEngines (iLE) formally launched Vedhik eSchools, their AI-powered learning experience platform in Bengaluru. Dr. Shankar Bidari, IPS, Former DGP, Govt. of Karnataka, inaugurated the platform during a function at the Leela Hotel in the city that was attended by the heads of over 100 schools as well as the dignitaries from the Government and education sector.

“If we are to equip the next generation to succeed in this rapidly changing world, we need to adopt the latest technology in delivering education. With this AI learning platform, schools can provide personalized education experiences, helps students learn at their own pace, and gives teachers valuable insights into their students’ performance. This is very much in line with the national education agenda, and I am honored to support this great initiative”, said Dr. Shankar Bidari.

Vedhik and ILE joined forces one year ago with the goal of making learning more dynamic and accessible to all students in the region. Today, Vedhik eSchools empowers learning institutions to provide world-class education to their students, extending even beyond academics, by leveraging the most advanced AI technologies and educational tools. In launching Vedhik eSchools, the organizers’ goals include improving student performance and engagement, enhancing teacher productivity, and increasing parent-teacher communication, resulting in a more robust learning ecosystem

A unique feature of Vedhik eSchools is the multiple teacher experience, which provides an opportunity to learn the same lessons from multiple teachers. Students have the flexibility to choose their teachers based on their own requirements and preferences.

Vedhik eSchools helps schools to overcome the limitations and restrictions of conventional educational models. Dual schooling, home schooling, personalized learning and hybrid learning are all integrated here. With 24/7 virtual support, students also enjoy a teacher guided experience even after school hours and eliminates the need for after-school tutoring. For individual schools that are not equipped with full-fledged facilities, Vedhik eSchools is the perfect platform to help them offer a holistic learning experience without incurring high infrastructural costs. For parents and students too, Vedhik eSchools makes this 360-degree program accessible at affordable fees with increased convenience, on a centralized platform.

“With Vedhik IAS Academy we were instrumental in shaping the leaders of the country and with Vedhik eSchools, our vision is to transform the whole country by inculcating the youth with the skills, knowledge, and confidence they need to contribute to society and make a positive impact in the world. By providing access to quality education, we can break down barriers, reduce inequality, and unleash the full potential of our youth”, said Dr. Babu Sebastian, Founder and Chancellor, Vedhik Group of Companies, former Vice Chancellor, IMG & Kannur University, Kerala.

“After a successful launch in Kerala, we are excited to bring Vedhik eSchools to Karnataka, with an all India said James Mattom, Vedhik eSchools CEO. “With this initiative, we are helping schools with valuable insights and are excited to take this concept globally with our commitment to empowering students.”

“iLearningEngines is completely committed to helping organizations meet their learning automation needs,” said Balakrishnan A. P., President of iLearningEngines. “Our relationship with the Vedhik Foundation started with their entire IAS academy being deployed through iLearningEngines, and we are very excited to extend this to Vedhik eSchools, a robust and easy-to-use learning experience platform with the amazing mission of accelerating learners’ education, skill development and future-readiness. We look forward to helping Vedhik make this program widely available and successful throughout India and the Middle East.”

The Vedhik eSchools platform features multiple modules with access to broad sets of content that have been designed in conjunction with national school accreditation standards and overseen by veteran education professionals. For more information on Vedhik eSchools, go to https://vedhikeschools.com/.

The Bangalore launch event was attended by Dr. Shankar Bidari, IPS, Former DGP, Govt. of Karnataka, Dr. Babu Sebastian, Founder and Chancellor, Vedhik Group of Companies, former Vice Chancellor, IMG & Kannur University, Kerela, Shri. James Mattan, Founder and CEO, Vedhik Group of Companies, Shri. B.C. Nagesh, Hon Minister of Education, Govt. of Karnataka, Shris. Balakrishnan A.P., President iLearningEngines.

ABOUT ILEARNINGENGINES

iLearningEngines is the market leader in cloud-based, mission critical training for enterprises. Deloitte has ranked ILE as the top 20 fastest growing company in North America in 2020 on the Deloitte Technology Fast 500, and #5 in 2019 Deloitte Fast 500. The Company’s AI and Learning Automation platform is used by enterprises to productize their enterprise knowledge for consumption throughout the enterprise. iLearningEngines is being deployed in some of the most regulated and detail-oriented vertical markets including healthcare, education, energy, transportation and the military. The intense demand for scalable, outcome-based training has led to marquee customer wins across several industry verticals.

ABOUT VEDHIK IAS ACADEMY

Vedhik IAS Academy is India’s largest and most innovative online IAS Academy and provides affordable world-class IAS Coaching that transforms lives. With residential campuses across India, providing an opportunity to learn from India’s topmost IAS officers, Vedhik offers wide-ranging online classes with AI-supported study programs, videos and personalized evaluation platforms. Vedhik IAS Academy offers a completely digital platform and is the first paperless UN and Indian Civil service coaching Institute in India with the mission of providing online civil service coaching for students across the globe. As the only IAS academy in India to receive the Excellent Global E Learning Award-2020 from the UN, Vedhik trains students for more than 568 competitive exams to prepare them for national and state-level government jobs

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]]> https://ilearningengines.com/vedhik-eschools-partners-with-ilearningengines-to-launch-ai-powered-learning-experience-platform-in-bengaluru/feed/ 0 iLE Completes 20th Webinar of its Quarterly Series Focused on the Insurance Sector and Employment Legal Issues https://ilearningengines.com/ile-completes-20th-webinar-of-its-quarterly-series-focused-on-the-insurance-sector-and-employment-legal-issues/ https://ilearningengines.com/ile-completes-20th-webinar-of-its-quarterly-series-focused-on-the-insurance-sector-and-employment-legal-issues/#respond Wed, 22 Feb 2023 04:12:07 +0000 https://ilearningengines.com/?p=7595 The post iLE Completes 20th Webinar of its Quarterly Series Focused on the Insurance Sector and Employment Legal Issues appeared first on iLearningEngines.

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The Quarterly Webinar Series, Addressing Employment Practices & Liability Issues in Insurance and Other Sectors, Continues into its Sixth Year

BETHESDA, Md. iLearningEngines, the market leader in cloud-based, mission-critical training for enterprises, completed its most recent quarterly webinar, the 20th in its series targeting the insurance sector. The webinar took place on January 27th, entitled “Taking The Gray Out of Classifying Your Employees.”

LearningEngines targets a number of business sectors, including insurance, healthcare, financial services and more. With insurance providers, iLearningEngines offers a responsive intelligence platform that drives improved insurance solutions. By partnering with iLearningEngines, insurance providers can streamline their operations, enable data-centric decision-making, empower employees, and enhance engagement. This comprehensive risk management solution for the insurance industry drives outcomes at scale in all key functional areas – underwriting, claims, loss control, sales and customer service.

This webinar forms part of a Quarterly Series designed to inform business professionals and organizations about topics such as employment practices & liability issues. Rachel Bossard, Partner at Burke, Warren, MacKay & Serritella, P.C. and Chair of the Firm’s Labor and Employment Law practice group, led iLearningEngines’ 20th webinar. Ms. Bossard is an experienced labor and employment attorney, representing employers in all aspects of the law, including client counseling, training, litigation, and benefits. In the latest webinar, employee classification was discussed, along with ways to maintain compliance with changing U.S. Dept. of Justice and Dept. of Labor demands.

Since its launch in 2017, the Quarterly Webinar Series by iLearningEngines has addressed a variety of topics related to the insurance industry, including security and cybersecurity, whistleblower regulations, and HR issues and changing employer-employee laws, among others.

“We are excited to complete our 20th webinar in our quarterly series, especially given the increasing interest from our insurance customers and partners since we launched the series in 2017,” said Roger Duffield, General Manager of Risk Management for iLearningEngines. “The breadth of insurance and liability topics we’ve covered – and will continue to address – illustrates iLearningEngines’ strong partnership and collaboration with the insurance and financial services sector, as well as the clients they serve.”

iLearningEngines is a leader in risk management for the insurance industry. The company’s platform transforms the technology ecosystem by streamlining all processes, leveraging new and existing data streams, enabling intelligent decision-making, and enhancing client acquisition and engagement. iLearningEngines’ digital solutions provide comprehensive support to insurance providers, producers, agents, MGAs, MGUs and pools.

To learn more about how iLearningEngines drives success in the insurance industry by combining learning automation with information intelligence, visit iLearningEngines’ insurance industry webpage here: https://ilearningengines.com/insurance/

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]]> https://ilearningengines.com/ile-completes-20th-webinar-of-its-quarterly-series-focused-on-the-insurance-sector-and-employment-legal-issues/feed/ 0 Harnessing data as intelligence – Top 5 results https://ilearningengines.com/harnessing-data-as-intelligence-top-5-results/ https://ilearningengines.com/harnessing-data-as-intelligence-top-5-results/#respond Tue, 21 Feb 2023 14:11:10 +0000 https://ilearningengines.com/?p=7641 The post Harnessing data as intelligence – Top 5 results appeared first on iLearningEngines.

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What are the top 5 results I can expect to see when I start harnessing my data as intelligence?

 

Results are the key parameter that most enterprises, CEOs and CFOs aspire for. So the power of information intelligence is immense and very compelling, creating very powerful use cases. So some key benefits would be, one, identifying the growth drivers, through the intelligent automation framework that the platform can deliver and while that is important, your risk reduction comes very close to the aspect of enterprise revenue creation and growth sustainability.

So how do you drive scalable and sustainable practices across the business or something that the platform can deliver and along the way, creating those powerful network effects which reduce leakage, integrate your enterprise data intelligence to all the functional triggers that exist within the enterprise and at the core of it, one function that I would say which can significantly benefit is, say, customer orchestration. It can be reducing customer churn, thereby reducing revenue leakage, reducing customer attrition. All of this happens through the intelligence framework and the intelligence automation that the platform can create.

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