| An SI Board Since February 2000 |
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DTHK |
| Emcee:
Robin
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Unmoderated
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Digitalthink is going public this week. I've included below the business description I found at ipo.com Sounds good to me. Any thoughts from anybody are welcome.
We are a leading provider of online learning, or e-learning, solutions. Our outsourced, Web-based solutions enable customers to deploy knowledge rapidly and broadly throughout their extended enterprise of employees, business partners and customers. Our solutions address the strategic business objectives of our customers by enabling them to increase the productivity of their employees, the effectiveness of their sales channels and the loyalty and satisfaction of their customers. We had over 180 customers deploying over 160 online courses in technology, financial services, healthcare and other industries at November 30, 1999. Customers which have effectively deployed our pre-developed or custom-tailored courses include Adobe, Cisco Systems, Intel, Hewlett-Packard, KPMG, Seagate and Sun Microsystems. Senior business executives are recognizing that a principal source of competitive advantage in today's knowledge-based economy is the depth and consistency of employee, partner and customer knowledge. Businesses that successfully drive knowledge to this extendedenterprise can maximize productivity and sustain a competitive advantage. Recognizing the need to establish, maintain and extend this advantage, businesses are increasing the amounts they spend on learning. In 1997, businesses spent approximately $55 billion primarily on in-person, instructor-led training, according to the Department of Education. A majority of these programs are costly and ineffective, difficult to deploy across an extended enterprise and do not provide businesses with the ability to track participants' progress or the effectiveness of learning programs.
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