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Skillsoft Expands SAP Partnership to Drive Skills-Based Workforce Planning and Talent Development

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Skillsoft announced a new integration with SAP SuccessFactors' talent intelligence hub, aimed at enhancing skills-based workforce planning and development. The integration enables businesses to gain deeper insights into their workforce's skills and deliver personalized learning paths aligned with employee and business needs.

According to recent surveys, 82% of employees reported their organizations are transitioning to a skills-based model. However, significant challenges persist, with 41% of HR leaders stating their workforce lacks required skills, 50% saying their organizations don't effectively leverage skills, and 62% viewing uncertainty around future skills as a significant risk.

The integration, available for early adopters and fully launching in early 2025, offers benefits including centralized skills management, enhanced workforce agility, increased employee engagement, improved talent mobility, and optimized tracking with actionable insights.

Skillsoft ha annunciato una nuova integrazione con il talent intelligence hub di SAP SuccessFactors, mirata a migliorare la pianificazione e lo sviluppo della forza lavoro basati sulle competenze. L'integrazione consente alle aziende di ottenere approfondimenti più dettagliati sulle competenze della loro forza lavoro e di offrire percorsi di apprendimento personalizzati in linea con le esigenze dei dipendenti e dell'azienda.

Secondo recenti sondaggi, l'82% dei dipendenti ha riportato che le proprie organizzazioni stanno passando a un modello basato sulle competenze. Tuttavia, persistono sfide significative, con il 41% dei leader HR che affermano che la loro forza lavoro manca delle competenze richieste, il 50% che sostiene che le loro organizzazioni non sfruttano efficacemente le competenze e il 62% che considera l'incertezza sulle competenze future un rischio notevole.

L'integrazione, disponibile per i primi adottanti e in lancio completo all'inizio del 2025, offre vantaggi tra cui gestione centralizzata delle competenze, maggiore agilità della forza lavoro, aumento del coinvolgimento dei dipendenti, miglior mobilità dei talenti e ottimizzazione del monitoraggio con intuizioni utili.

Skillsoft anunció una nueva integración con el hub de inteligencia de talento de SAP SuccessFactors, con el objetivo de mejorar la planificación y el desarrollo de la fuerza laboral basado en habilidades. La integración permite a las empresas obtener conocimientos más profundos sobre las habilidades de su fuerza laboral y ofrecer rutas de aprendizaje personalizadas alineadas con las necesidades de los empleados y de la empresa.

Según encuestas recientes, el 82% de los empleados informaron que sus organizaciones están haciendo la transición a un modelo basado en habilidades. Sin embargo, persisten desafíos significativos, con el 41% de los líderes de recursos humanos declarando que su fuerza laboral carece de las habilidades requeridas, el 50% afirmando que sus organizaciones no aprovechan efectivamente las habilidades, y el 62% viendo la incertidumbre sobre las habilidades futuras como un riesgo importante.

La integración, disponible para los primeros adoptantes y con lanzamiento completo a principios de 2025, ofrece beneficios que incluyen gestión centralizada de habilidades, mayor agilidad de la fuerza laboral, aumento del compromiso de los empleados, mejor movilidad del talento y seguimiento optimizado con información útil.

Skillsoft는 SAP SuccessFactors의 인재 인텔리전스 허브와 새로운 통합을 발표했습니다. 이는 기술 기반의 인력 계획 및 개발을 향상시키기 위한 것입니다. 이 통합을 통해 기업은 인력의 기술에 대한 더 깊은 통찰력을 얻고, 직원 및 비즈니스 요구에 맞는 개인화된 학습 경로를 제공할 수 있습니다.

최근 설문조사에 따르면, 82%의 직원이 자신의 조직이 기술 기반 모델로 전환하고 있다고 보고했습니다. 그러나 41%의 HR 리더가 그들의 인력이 요구되는 기술이 부족하다고 말하고, 50%는 그들의 조직이 기술을 효과적으로 활용하지 못하고 있으며, 62%는 미래의 기술에 대한 불확실성을 상당한 위험으로 우려하고 있다고 전합니다.

초기 사용자에게 제공되는 이 통합은 2025년 초에 전면 출시되며, 중앙 집중식 기술 관리, 향상된 인력 민첩성, 증가된 직원 참여, 개선된 인재 이동성, 그리고 실행 가능한 통찰력을 통한 최적화된 추적과 같은 혜택을 제공합니다.

Skillsoft a annoncé une nouvelle intégration avec le hub d'intelligence des talents de SAP SuccessFactors, visant à améliorer la planification et le développement de la main-d'œuvre basé sur les compétences. L'intégration permet aux entreprises d'obtenir des informations plus approfondies sur les compétences de leur main-d'œuvre et de proposer des parcours d'apprentissage personnalisés en fonction des besoins des employés et de l'entreprise.

Selon des enquêtes récentes, 82 % des employés ont déclaré que leurs organisations passaient à un modèle basé sur les compétences. Cependant, des défis significatifs persistent, avec 41 % des leaders RH affirmant que leur main-d'œuvre manque de compétences requises, 50 % disant que leurs organisations n'exploitent pas efficacement les compétences, et 62 % considérant l'incertitude concernant les compétences futures comme un risque majeur.

L'intégration, disponible pour les premiers adopteurs et lancement complet au début de 2025, offre des avantages tels que la gestion centralisée des compétences, une agilité accrue de la main-d'œuvre, un engagement augmenté des employés, une mobilité des talents améliorée, et un suivi optimisé avec des informations exploitables.

Skillsoft hat eine neue Integration mit dem Talent Intelligence Hub von SAP SuccessFactors angekündigt, die darauf abzielt, die kompetenzbasierte Planung und Entwicklung der Belegschaft zu verbessern. Die Integration ermöglicht es Unternehmen, tiefere Einblicke in die Fähigkeiten ihrer Mitarbeiter zu gewinnen und personalisierte Lernpfade anzubieten, die den Bedürfnissen der Mitarbeiter und des Unternehmens entsprechen.

Nach aktuellen Umfragen berichteten 82 % der Mitarbeiter, dass ihre Organisationen zu einem kompetenzbasierten Modell übergehen. Es bestehen jedoch weiterhin erhebliche Herausforderungen, da 41 % der HR-Leiter angeben, dass ihrer Belegschaft die erforderlichen Fähigkeiten fehlen, 50 % sagen, dass ihre Organisationen Fähigkeiten nicht effektiv nutzen, und 62 % die Unsicherheit über zukünftige Fähigkeiten als erhebliches Risiko betrachten.

Die Integration, die zunächst für frühe Anwender verfügbar ist und Anfang 2025 vollständig gestartet wird, bietet Vorteile wie zentrales Fähigkeitsmanagement, verbesserte Agilität der Belegschaft, gesteigerte Mitarbeiterengagement, verbesserte Talentmobilität und optimiertes Tracking mit umsetzbaren Einblicken.

Positive
  • Strategic partnership with major enterprise software provider SAP
  • Integration enables better skills assessment and workforce planning
  • Early adopter program launched with full availability in early 2025
  • Addresses critical market need with 82% of organizations transitioning to skills-based models
Negative
  • Full integration deployment delayed until early 2025
  • to organizations using both Skillsoft and SAP SuccessFactors platforms

Insights

The integration between Skillsoft and SAP SuccessFactors represents a strategic move in the enterprise learning management space, addressing critical workforce development challenges. With 41% of HR leaders reporting skills gaps and 62% concerned about future skills uncertainty, this partnership targets a significant market need. While the solution shows promise, the delayed full availability until early 2025 may limit immediate financial impact. For a company with a relatively small market cap of $152.6M, this partnership with SAP could provide important enterprise credibility and market access, though revenue impact will depend on adoption rates and pricing strategy. The early adopter phase will be critical in validating the solution's effectiveness and market reception.

The technical integration demonstrates sophisticated skills mapping capabilities by connecting Skillsoft's learning content with SAP's talent intelligence infrastructure. The system's ability to match skills taxonomies and create personalized learning paths represents a significant advancement in enterprise learning technology. Key technical features including centralized skills management and comprehensive tracking align with modern workforce development requirements. However, the extended timeline to full availability suggests complex technical implementation challenges. The success will largely depend on the seamless integration of both platforms' data structures and the accuracy of skills mapping algorithms.

Integration connects Skillsoft's learning platform with the Talent Intelligence Hub from SAP SuccessFactors

BOSTON--(BUSINESS WIRE)-- Skillsoft, a leading platform for transformative learning solutions, today announced a new integration with the talent intelligence hub from SAP SuccessFactors, a centralized system for skills intelligence. With this integration, businesses using SAP SuccessFactors solutions and Skillsoft will gain deeper insights into their workforce’s skills and be able to deliver personalized learning paths aligned with employees’ role requirements and career aspirations, as well as the needs of the business.

“Talent is the fundamental building block of any organization and achieving priority business objectives hinges on that talent having the right skills. Skills-based strategies are essential for developing an agile, productive, and innovative workforce and business,” said Apratim Purakayastha, GM, Talent Development Solutions, Skillsoft. “Integrating Skillsoft with the talent intelligence hub from SAP SuccessFactors creates a simpler, more effective, and more engaging approach to talent development.”

82% of employees recently surveyed by Skillsoft said their organization has started taking steps to transition to a skills-based model. However, a June 2024 Gartner® survey of 190 HR leaders revealed that 41% agree their workforce lacks required skills, 50% agree their organization does not effectively leverage skills, and 62% agree that uncertainty around future skills poses a significant risk. By matching skills between customers’ taxonomies from the talent intelligence hub and Skillsoft’s skill dictionary, the companies are linking employees’ skills and roles with learning experiences throughout SAP SuccessFactors. As a result, organizations can better assess, index, and map the current skills of their employees against skills required for their jobs for more strategic workforce planning.

Key benefits include:

  • Centralized skills management: Organizations are able to incorporate existing frameworks and deliver learning that drives targeted workforce development, with talent intelligence hub as a dedicated source of truth for skills.
  • Enhanced workforce agility: Organizations can quickly adapt to changing market demands by easily identifying and addressing skill gaps, helping to ensure that the workforce remains competitive and agile.
  • Increased employee engagement: Personalized learning experiences aligned with career goals boost employee engagement and satisfaction, creating a more motivated and engaged workforce.
  • Improved talent mobility: The integration supports internal talent movement by identifying candidates for new roles, strategic projects, or cohorts based on current skills and learning achievements, helping improve talent optimization and retention.
  • Optimized tracking & actionable insights: Comprehensive tracking of employee skilling activity, captured in both the talent intelligence hub and Skillsoft’s dashboards, enables organizations to measure impact, identify trends, and cater learning experiences accordingly.

The integration is currently available for early adopters and will be fully available in early 2025. Learn how to get started here.

Gartner, Press Release, Gartner HR Research Finds Organizations’ Current Talent Management Efforts Inhibit Optimal Employee and Organizational Performance, September 18, 2024.

Gartner is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.

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, 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 10K for the fiscal year ended January 31, 2024, 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.

SAP Disclaimer

SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see https://www.sap.com/copyright for additional trademark information and notices. All other product and service names mentioned are the trademarks of their respective companies.

Investors 

Rich Walker

rich.walker@skillsoft.com

Media 

Cameron Martin 

cameron.martin@skillsoft.com

Source: Skillsoft

FAQ

When will Skillsoft's integration with SAP SuccessFactors be fully available?

The integration will be fully available in early 2025, though it is currently available for early adopters.

What are the main benefits of Skillsoft's SAP SuccessFactors integration?

The integration offers centralized skills management, enhanced workforce agility, increased employee engagement, improved talent mobility, and optimized tracking with actionable insights.

What percentage of organizations are transitioning to skills-based models according to Skillsoft's survey?

According to Skillsoft's survey, 82% of employees reported their organizations have started taking steps to transition to a skills-based model.

What challenges do HR leaders face regarding workforce skills according to the Gartner survey?

According to the Gartner survey, 41% of HR leaders say their workforce lacks required skills, 50% say their organizations don't effectively leverage skills, and 62% view uncertainty around future skills as a significant risk.

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