Global Research Analyst, Josh Bersin, recognizes Docebo as Leader in Revenue Generating Learning for Enterprise

Rhea-AI Summary

Docebo (Nasdaq:DCBO; TSX:DCBO) has been recognized by renowned analyst Josh Bersin as a leader in revenue-generating learning for enterprises. With over 2,300 customers and a growth rate exceeding 60% year-over-year in Q1 2021, Docebo's recurring revenue stands at over $80 million, contributing to its $2 billion valuation. The recent launch of the Docebo Learning Suite enhances its offerings in the learning technology space, positioning the company for continued growth and potential market leadership.

Positive

• Recognized by industry analyst Josh Bersin as a leader in revenue-generating learning.
• Achieved over 60% year-over-year growth in Q1 2021.
• Over 2,300 customers contributing to $80+ million in recurring revenue.
• Valuation has reached $2 billion, indicating strong market position.

Negative

• Current leader Cornerstone has roughly twice the size in recurring revenue, indicating competitive pressure.

Docebo (Nasdaq:DCBO; TSX:DCBO), a leading artificial intelligence (AI)-powered learning suite, has been recognized by Global Research Analyst, Josh Bersin, as a leader in revenue generating learning for enterprise.

Bersin, who is world-renowned on the topics of corporate human resources, talent management, recruiting, leadership, technology, and the intersection between work and life, is also the Founder of the Josh Bersin Academy, otherwise known as the world’s “Home for HR.”

“With more than 2,300 customers and a growth rate of over 60% year over year in Q1 2021, Docebo is a $80+ million recurring revenue company now valued at $2 Billion that may become the market leader” said Bersin. “Cornerstone, the current leader, is roughly twice the size in recurring revenue, but Docebo is growing at four times its rate. For revenue-generating learning, Docebo is clearly in the lead.”

In March 2021, Docebo Learning Suite was launched to address the full enterprise learning lifecycle giving customers the ability to create, manage, deliver, and measure the business impact of learning.

"We are honored to be coined a leader in the learning technology space by Josh Bersin," said Alessio Artuffo, President and CRO of Docebo. "This has been a momentous year for us with the launch of Docebo Learning Suite and our expansion into new products beyond our flagship LMS. We look forward to continue solving all learning challenges for our customers."

To read more from Josh Bersin, visit: https://joshbersin.com/2021/07/docebo-the-hottest-learning-tech-company-in-years/

Docebo

Docebo is redefining the way enterprises leverage technology to create and manage content, deliver training, and understand the business impact of their learning experiences. With Docebo’s multi-product learning suite, enterprises around the world are equipped to tackle any learning challenge and create a true learning culture within their organization.

Josh Bersin Academy:

The Josh Bersin Academy prepares HR professionals for today's unprecedented challenges with world-class learning, a vast library of tools and resources, and a vibrant community for collaboration and networking. We are the largest HR professional development network in the world. Please join us.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210728005217/en/

FAQ

What recognition did Docebo (DCBO) recently receive?

Docebo was recognized by analyst Josh Bersin as a leader in revenue-generating learning.

What is Docebo's growth rate as of Q1 2021?

Docebo reported a growth rate of over 60% year-over-year in Q1 2021.

How many customers does Docebo (DCBO) have?

Docebo has over 2,300 customers.

What is Docebo's recurring revenue?

Docebo's recurring revenue exceeds $80 million.

What is Docebo's current valuation?

Docebo is valued at approximately $2 billion.