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Docebo Inc. (symbol: DCBO) is a leading provider of cloud-based e-learning solutions, transforming the online training landscape with its cutting-edge Learning Management System (LMS). Designed as a comprehensive and adaptable Software as a Service (SaaS) platform, Docebo LMS is chosen by major global companies to enhance operational efficiency and streamline training management.
Docebo's platform supports various forms of learning, including blended, social, and mobile initiatives. This robust solution enables organizations to manage, deliver, and track instructor-led training (ILT) and web-based training (WBT) effectively. With a subscription model that is typically structured for one to three years, Docebo charges based on a per-learner, per-module basis, accommodating the needs of organizations of all sizes.
In addition to its usability, Docebo LMS offers significant benefits such as scalability and a lower total cost of ownership (TCO). Its feature-rich, secure, and cloud-based architecture ensures that businesses can implement the LMS seamlessly and adapt it to their unique requirements.
Headquartered in North America, Docebo Inc. derives most of its revenue from this region, boasting strong financial health and numerous partnerships with respected organizations worldwide. The company's relentless focus on innovation and customer satisfaction has positioned it as a leader in the e-learning industry, helping businesses achieve their training and development goals efficiently.
For the latest updates and information on Docebo Inc., including performance reports and recent developments, visit our news section.
Docebo (Nasdaq:DCBO; TSX:DCBO) has launched Docebo Learning Analytics, a business intelligence tool designed to enhance enterprise learning programs. This addition enables L&D professionals to analyze training data and connect it to tangible business outcomes. Following the March 2021 launch of the Docebo Learning Suite, this new tool further strengthens their offering by allowing organizations to prove the effectiveness of their learning initiatives. Andrea Lorenzon, SVP of Product, emphasized the commitment to supporting L&D challenges and driving strategic business decisions.
Docebo (Nasdaq: DCBO; TSX: DCBO) launched the Docebo Community, enhancing customer self-service and product improvement through user feedback. This platform allows users to connect, share best practices, and access essential resources for their learning programs. Customers can also engage with gamification features that reward participation. The launch follows the introduction of Docebo University and Docebo Help, which provide further educational resources. The initiative aims to improve the overall customer experience and foster collaboration within the learning community.
Docebo Inc. (NASDAQ: DCBO) reported strong financial performance for Q1 2021, achieving a 61% revenue growth to $21.7 million. Subscription revenue rose to $19.8 million, accounting for 91% of total revenue. The net loss was $5.6 million, compared to a net income of $0.7 million in Q1 2020. Annual Recurring Revenue surged to $83.4 million, marking a 60% increase year-over-year. The company expanded its customer base to 2,333, with a significant rise in average contract value. Key initiatives include the launch of the Docebo Learning Suite and new OEM partnerships.
Docebo (Nasdaq:DCBO) has partnered with First Tee, a youth development organization, to enhance its digital curriculum access for participants, parents, and coaches. This partnership will provide robust digital training solutions to over 150 chapters globally, ensuring effective adult learning for mentors. As a 'Cause Inspired Partner,' Docebo supports First Tee's mission of positively impacting youth through golf. The collaboration aligns with Docebo's values and aims to deepen engagement with families involved over time.
Docebo (Nasdaq:DCBO; TSX:DCBO) announces significant partnership expansions with four key players: Vartopia, Vinsys, Bluewater, and MHR. Vartopia will integrate Docebo’s learning suite into its partner portal, targeting over 500,000 partners. Vinsys aims to scale Docebo’s offerings in the Middle East and APAC. MHR will embed Docebo’s learning suite into its HR platforms. Lastly, Bluewater plans to deliver managed services using Docebo's technology. These partnerships are expected to enhance Docebo’s global market reach and bolster its enterprise solutions.
Docebo Inc. (NASDAQ:DCBO) has announced the promotion of Alessio Artuffo to President, retaining his position as Chief Revenue Officer. Claudio Erba, CEO, praised Artuffo’s instrumental role in the company's growth, especially in North America, where he scaled annual recurring revenue from $11 million in 2016 to $74 million in 2020.
Artuffo aims to drive ongoing growth and innovation in enterprise learning solutions, emphasizing over 50% annual growth since 2013. This strategic shift is expected to enhance shareholder value and foster a robust learning culture globally.
Docebo Inc. (Nasdaq:DCBO; TSX:DCBO) will host an investor webinar on May 10, 2021, at 10:00 a.m. (ET) to showcase its vision for the future through the Docebo Learning Suite. This multi-product suite aims to address enterprise learning challenges. The session will include product demonstrations of Docebo Shape, Content, and Learning Impact, along with insights into upcoming products like Docebo Flow and Learning Analytics. The webinar will be led by CEO Claudio Erba, CRO Alessio Artuffo, and CFO Ian Kidson, followed by a Q&A session.
Docebo (Nasdaq:DCBO; TSX:DCBO) will host a conference call on May 13, 2021, at 8:00 a.m. ET to discuss its first-quarter fiscal year 2021 results. The call will feature Claudio Erba, CEO, and Ian Kidson, CFO, followed by a Q&A session. Financial results will be announced prior to the call. Interested parties can join via a live webcast or dial in at provided numbers. A replay will be available until May 20, 2021, with a passcode for access.
Docebo continues to innovate in the corporate learning management system market to enhance user experience.
Docebo has appointed KPMG as its new auditor, replacing PricewaterhouseCoopers, effective March 31, 2021. The change was initiated by the Company, and there were no concerns in the Former Auditor’s reports during their tenure. The Audit Committee has reviewed the necessary documentation, which will be filed on SEDAR. Docebo continues to enhance enterprise learning experiences through its innovative technology solutions.
Docebo Inc. has unveiled its new Docebo Learning Suite, a comprehensive learning technology suite that expands beyond its traditional Learning Management System (LMS) offerings. This suite includes the newly launched Docebo Shape, an AI-driven content creation tool that enables quick development of engaging e-learning materials. The suite features Docebo Learn LMS, Docebo Content, and Docebo Learning Impact, aimed at enhancing the entire learning lifecycle and measuring learning outcomes effectively. CEO Claudio Erba emphasizes that this innovation is rooted in the company's commitment to meeting evolving enterprise learning needs.
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