Company History

SkillSoft is a leading global provider of e-learning content and technology products for business and IT professionals primarily within the Global 5000. SkillSoft's multi-modal learning solutions support and enhance the speed and effectiveness of formal and informal learning processes and integrate SkillSoft's in-depth courseware-learning content, learning management platform, virtual classroom technology and support services.

Content offerings include our SkillChoice Solutions, Business Skills Courseware Collection, IT Skills and Desktop Skills Courseware Collections, Legal Compliance and Environmental Safety and Health Courseware Collections and Referenceware® collections by Books24x7®, such as ITProtm, BusinessProtm, FinanceProtm, OfficeEssentialstm, FinanceProtm, EngineeringProtm, ExecSummariestm, ExecBlueprintstm and GovEssentialstm.

SkillSoft's complementary technologies include SkillPort®, our learning management system with its powerful Search-and-Learntm capabilities, and SkillSoft Dialoguetm, our virtual classroom offering that helps customers rapidly create and deliver effective live and on-demand learning sessions.

Our products and services are designed to link learning strategy to business strategy and to maximize human capital investments. With a comprehensive learning solution, comprised of high-quality learning resources and flexible technology approaches, we help our customers achieve sustainable and measurable business results. These solutions are designed to support all levels of the organization and can easily be adapted to meet strategic business initiatives, on-demand information needs and individual job roles.

On the content side of our business, we focus on a variety of business, professional effectiveness, IT and compliance topics that we believe represent the critical skills required of employees in increasingly dynamic and complex work environments. We also provide informal learning products through our Books24x7 business unit that support "on demand" learning and daily information gathering needs. Our IT skills courses give learners the ability to gain the technical knowledge they need to perform their jobs. Our business skills courses (also known as soft skills courses) concentrate on the skills and knowledge that are relevant to various general competencies and functional responsibilities in today's business organizations. These skills are important to a business professional's ability to work effectively with business associates and customers, make sound business decisions and more rapidly achieve his or her most important work-related and career objectives. Our Books24x7 Referenceware collections cover broad business and technical areas of interest, as well as focused areas, such as engineering and finance. Generally, our content solutions are based on open standards Web technologies and flexible, low bandwidth architecture, enabling users to access the material they need via computer, with the specificity or breadth that they require, any time or anywhere that they may need it.

Our technology solutions are designed to support a broad range of corporate learning needs and respond quickly to business demands. Our learning management system (LMS), SkillPort, is designed to be a flexible, scalable platform that can be rapidly implemented and will meet the needs of the majority of business enterprises. We also work actively with other LMS vendors to ensure interoperability of our content and technology with their systems. In addition to SkillPort, we offer customization and authoring tools that allow our customers to tailor our content to be a better fit with their business. In fiscal 2005, SkillSoft announced Dialogue, a virtual classroom technology that is focused on the rapid creation and delivery of effective online learning sessions.

SkillSoft was incorporated in Ireland on Aug. 8, 1989. On Sept. 6, 2002, SmartForce completed a merger with SkillSoft Corporation, and on Nov. 19, 2002, the combined company became known as SkillSoft PLC. Our registered office is located at Belfield Office Park, Clonskeagh, Dublin 4, Ireland."

SmartForce, previously CBT Systems, was a leader in IT courseware and the 2002 merger brought together the leaders in IT and business skills e-learning courseware.

SkillSoft continues to look to our customers as we make our development plans, to understand the challenges they face and the goals they would like to achieve. These objectives guide us in our development decisions and allow us to make certain our priorities align with those of our customers.

Future Direction

We have observed that a fundamental issue facing the learning function today is the need to establish a role in solving today’s strategic business issues. Learning needs to be aligned with business objectives and also be meaningful for a diverse array of employees, with varying interests and needs. SkillSoft is focused on providing Connected Learning™ solutions that can be customized to support learner needs and business objectives. To help customers achieve this vision, SkillSoft introduced the Enterprise Learning Connection™ suite, a set of modules that work in conjunction with customers’ platforms to create powerful, organization-specific learning solutions.

The SkillSoft Enterprise Learning Connection allows learning professionals to easily deliver content in multiple contexts. It is comprised of a flexible set of Connection modules that augment customers’ existing learning management systems and enable them to develop and deliver more powerful customized learning solutions. This innovative technology is being made available through SkillSoft’s Open Learning Services Architecture (OLSA), a technology initiative that seeks to make it easier for companies to leverage their learning resources for a broad range of business objectives, using the technology platform of their choice.

We plan to continue our strong track record of development and innovation, bringing new content and technology products to market, and enhancing our existing offerings. Our Product Strategy Roadmap paper provides a comprehensive overview of our current development plans for content and technology products during the coming year.