Part of being a successful online courses instructor involves keeping up to date on the latest industry news and strategies. What are the latest and newest course offerings and trends? Where does Udemy fit into the industry and how is it evolving? What can you learn from industry successes and failures? And more.
Here we gather up some of the most recent news in the online course industry to help keep you up to date and to bring you new ideas. Happy learning!
Udemy for Business Accelerates Growth as Organizations Rely on Personalized Online Learning to Navigate Digital Transformation
No need to worry about the future of your courses on Udemy! The platform continues to grow successfully. Udemy recently announced significant momentum with over 200 percent year-over-year growth of its corporate learning solution, Udemy for Business.
Udemy has office locations across five cities globally. The company has tripled its customer base and doubled the number of learners served in the past year. Udemy’s 2,500+ online course collection includes the most engaging courses for employees’ professional development. These courses are highly-curated from Udemy.com.
Even more reason to produce high quality, valuable content on Udemy!
A great recent example of how successful you can be as an online course instructor. An interview by Forbes with Australian Paul Thompson who has coached online course entrepreneurs earning 6, 7 and even 8 figure incomes. Wow!
Thomson discusses the importance of online courses in today’s digital landscape, how to leverage courses to grow a business, and best practices for getting started on the passive income track. Get his tips!
Udemy Launches Esports Courses Created by Top Experts, Players and Coaches in the Professional Video Gaming Industry
Keeping with the time, Udemy recently announced the launch of its new esports category, featuring courses created by top experts, players, and coaches from the world of professional video gaming. Students can now learn how to maximize their skills in games such as Fortnite, League of Legends, and Counter-Strike: Global Offensive (CS:GO), as well as build their live streams and personal brands online.
Does this sound like something you could teach? Read on!
Skillshare, Udemy’s primary competitor, is taking the $28 million of round C funding it received in July 2018 and using it to invest heavily in its product experience. They have hired former Vimeo Head of Product Cristophe Gillet.
Stay tuned for big changes on this fast growing platform!
In late October, Vishal Makhijani announced that he was stepping down as CEO of Udacity. His exact date of departure and his replacement have yet to be announced. But what’s next for Makhijani and for Udacity?
Online learning company CreativeLive laid off an unspecified number of employees recently in what CEO Chase Jarvis described as a restructuring. Though the company isn’t saying how many employees were let go, their San Francisco and Seattle offices will remain open.
CreativeLive has more than 10 million students who use its platform to learn about topics including photography, video, music, and many other subjects via live and archived video classes. This latest move is an indicator of the strength of competitors such as Udemy.
Online Education Unicorn Udacity Has Quietly Laid off 5% of staff — at least 25 people — since August
In more industry cutback news, Udacity has quietly cut about five percent of its staff since August across multiple offices globally.
“Back in August, five percent of our global employees were laid off based on carefully considered, strategic business decisions,” a spokesperson told TechCrunch.
Another great anecdotal story about the power of online courses and their far-reaching appeal. With the swipe of a mouse and a click on the keyboard, anyone with a library card can now access thousands of instructional videos. Lynda.com, which became accessible last month, is revolutionizing Ohio libraries.
Can we expect Udemy to follow?
In September Udemy announced the opening of its new office in Denver. As the company continues its rapid growth, the new location will be home to more than 200 new employees in roles including enterprise sales, marketing, and customer support over the next three years.
It’s safe to say with yet again, another Udemy success story that your online courses have a future there.
Here is a great example of the timely launch of a niche topic – the inner workings of the American government. In October Khan Academy announced a new series of civics videos launching KhanAcademy.org geared toward young people and anyone else interested in how government works in the United States.
Just in time for the November 6 elections – a great example of online course strategy!
We hope you enjoy learning and reading up on the online course industry. Clearly it is a dynamic space and evolving market. Teachinguide will round up top online course industry headlines from time to time to keep you informed and to help you generate ideas for your business. Watch this space!