Skillsoft Wins AI Excellence Award for CAISY™; Unveils New AI-Driven Coaching Features
21 März 2024 - 4:05PM
Business Wire
Company adds more than 60 coaching scenarios
and a customized offering to align with customers’ unique use
cases
Skillsoft (NYSE: SKIL), a leading platform for transformative
learning experiences, today announced that its AI-powered coaching
solution, CAISY™, has been recognized with a 2024 AI Excellence
Award by Business Intelligence Group. The award highlights
Skillsoft’s innovative use of generative AI (GenAI) via CAISY to
develop critical communication skills and more effective leaders
across the workforce.
Organizations are focused on helping employees improve their
interpersonal communication skills to foster effective, real-world
interactions and build more resilient leaders and collaborative
teams. Skillsoft CAISY eliminates the “trial-by-error” approach in
critical workplace conversations by providing a secure environment
where employees can simulate discussions, receive real-time
feedback, and increase their proficiency in effective
communication. Based on strong customer adoption and to further
enhance the learning experience, Skillsoft is unveiling multiple
new CAISY features including:
- CAISY™ for You: Highly customized scenarios
blending practice and role modeling help employees develop skills
tailored to their organization’s key needs and use cases.
- 60+ new learning scenarios: Expanded collection of
scenarios spanning leadership, risk, and technology topics –
ranging from “Handling a Report of Harassment” to “Discussing
Compensation” – prepares employees to successfully navigate a wide
range of common, yet complex workplace challenges.
“The increasing intricacies of work, unpredictability of social
interactions, and pace at which key decisions need to be made are
putting a strain on the workforce like never before. This demands
innovative training methods that help employees build essential
communication skills needed to lead through challenging
circumstances with competence and confidence,” said Apratim
Purakayastha, GM, Enterprise Solutions, Chief Product &
Technology Officer, Skillsoft. “Upskilling creates prepared,
resilient employees, and CAISY and our broader suite of AI-powered
solutions are the new frontier of interactive learning. We are
excited about the impact these capabilities will have on our
customers’ workforce transformation goals.”
GenAI is estimated to add trillions to the economy annually via
productivity gains, particularly across business functions
including sales, marketing, product development, and customer
operations. To prepare the workforce for this shift, Skillsoft has
launched multiple learning experiences over the past few months,
such as its AI-related Aspire Journeys. These role- and skill-based
learning paths allow learners of all levels – including business
leaders, marketing and sales professionals, and technologists – to
develop a shared understanding of what GenAI is and how to use the
technology responsibly, while also cultivating the human skills
required to lead through disruption.
For more information about Business Intelligence Group’s AI
Excellence Awards, visit here. Learn more about CAISY here.
About Skillsoft
Skillsoft (NYSE: SKIL) delivers transformative learning
experiences that propel organizations and people to grow together.
The Company partners with enterprise organizations and serves a
global community of learners to prepare today’s employees for
tomorrow’s economy. With Skillsoft, customers gain access to
blended, multimodal learning experiences that do more than build
skills, they grow a more capable, adaptive, and engaged workforce.
Through a portfolio of best-in-class content, a platform that is
personalized and connected to customer needs, world-class tech and
a broad ecosystem of partners, Skillsoft drives continuous growth
and performance for employees and their organizations by overcoming
critical skill gaps and unlocking human potential.
Cautionary Notes Regarding Forward Looking Statements
This document includes statements that are, or may be deemed to
be, “forward-looking statements” within the meaning of Section 27A
of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended, which are intended to
be covered by the safe harbors created by those laws. All
statements, other than statements of historical facts, that address
activities, events or developments that we expect or anticipate may
occur in the future, including such things as GenAI's economic
impact and the impact of AI on interactive learning, are
forward-looking statements and may be based on current
expectations, estimates or projections about our industry,
management’s beliefs or certain assumptions made by management.
Also, when we use words such as “may”, “will”, “would”,
“anticipate”, “believe”, “estimate”, “expect”, “intend”, “plan”,
“project”, “forecast”, “seek”, “outlook”, “target”, “goal”,
“probably”, or similar expressions, we are making forward-looking
statements. Such statements are based upon the current beliefs and
expectations of Skillsoft’s management and are subject to
significant risks and uncertainties, and we caution you against
unduly relying on these forward-looking statements.
Factors that could cause or contribute to such differences
include those described under “Risk Factors” in our Form 10-K for
the fiscal year ended January 31, 2023, and subsequent periodic
reports. These factors should not be construed as exhaustive and
should be read in conjunction with the other cautionary statements
included in our other periodic filings with the Securities and
Exchange Commission. The Company disclaims any obligation to update
any forward-looking statements contained herein, except as required
by law.
Although we believe that the assumptions underlying our
forward-looking statements are reasonable, any of these
assumptions, and therefore also the forward-looking statements
based on these assumptions, could themselves prove to be incorrect,
and actual results or outcomes may vary materially from those
projected in, or implied by, such forward-looking statements.
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Investors Chad Lyne chad.lyne@skillsoft.com
Media Cameron Martin cameron.martin@skillsoft.com
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