Udacity Claims a Record Growth in the Business of the Courses to Upskill Employees

IBL News | New York

Udacity for Enterprise announced on Friday that it expanded its customer roster to include Airbus, Audi, Bertelsmann, Mars Inc, Mazda, and Turkcell.

“We achieved more than 150 percent enterprise growth in worldwide bookings, driven by more than 20 new Fortune 500 enterprise customers and record customer retention rates,” Alex Varel, VP of Enterprise Sales, Udacity, said in a statement.

“This success comes on the heels of a banner year in 2018, when the business also grew by 100 percent,” he added without providing further data.

Udacity highlighted the case of a customer with 30 engineers who transitioned into artificial intelligence experts in just three months.

More than 60% of new customers enrolled their employees in Udacity’s Schools of Data Science and Artificial Intelligence Nanodegree programs.

Similar to Udacity’s corporate unit, Coursera for Business and edX for Business divisions are reporting this season a significant increase in revenue by providing courses and programs through their self-serve platforms to upskill employees.

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