41–50 of 83 posts
Usually when acquisitions are announced, there are congratulations and virtual high-fives filling the M&A channel...not today.
1: https://www.forbes.com/sites/dereknewton/2024/02/04/reported...
This definitely wasn't in my 2024 bingo card. What does Accenture (or for that matter Udacity) have to gain from this acquisition?
Accenture has >730,000 employees ( https://newsroom.accenture.com/fact-sheet ) Much of their model is hiring entry-level to junior resources, upskill them, bill them out to clients at high mark-ups. Many parts of the workforce follow an up-or-out mentality and technical/functional upskilling is a key component to this, rather than just tenure. Purchasing a platform to train that many people is probably a bargain comp…
St. Charles will still exist for the vertical, and for the chosen horizontal. An acquisition like this is for the horizontal and once internalised sufficiently to sell to clients, the selling the product not any individual training course which are pretty fungible. Online corporate in-house training's been lagging consumer bells-and-whistles for a decade, it'll be a flashier-better product than current competition.
This definitely wasn't in my 2024 bingo card. What does Accenture (or for that matter Udacity) have to gain from this acquisition?
> What does Accenture (or for that matter Udacity) have to gain from this acquisition? Accenture's core competency is getting governments (and large companies) to hand over large sums of money. Seems like a good fit.
I brushed through the article real quick, but what is the likely reasoning for Accenture to acquire Udacity? Is this content play, or talent?
Earlier quoted context omitted.
> What does Accenture (or for that matter Udacity) have to gain from this acquisition? Accenture's core competency is getting governments (and large companies) to hand over large sums of money. Seems like a good fit.
That's what I don't understand, why would they spend all that money on Udacity, rather than spending it on champagne and Ferraris for senior officials? Where's the ROI for Udacity?
This is unfortunate to see. I remember when these alt-Ed startups were all the rage and there was a genuine belief that we were on the cusp of a paradigm shift in how we learned. Would love to hear some success stories if anyone has any!
I actually got my break in tech through a program Accenture ran called the Veteran Technology Training Program. It was essentially a partnership with Udacity where they sponsored veterans through a 12 week Java course. At the conclusion of the training, they ran me through a series of interviews and extended a job offer. I ended up doing systems analysis work for them, which was a nice introduction to the field, espe…
Now that Sebastian Thrun has succeeded at replacing all American universities with Udacity, he can focus fully on self-driving cars... or little electric aircraft for rich people... or whatever it is that is his next innovation that is guaranteed to succeed by the gullible tech press.
This is unfortunate to see. I remember when these alt-Ed startups were all the rage and there was a genuine belief that we were on the cusp of a paradigm shift in how we learned. Would love to hear some success stories if anyone has any!
Online education services will always have a hard time convincing the worth of their degrees to others. If people are taking those courses to just broaden their knowledge or learn something new, that’s great, I support that. But as a replacement for a degree from a physical university? Doubt it.
I don't understand it.