- Advanced API facilitates rich data analysis and the
development of custom applications
- Suite of new features enhance user engagement creating more
interactive and 'sticky' learning experiences
- SCORM support allows users to seamlessly migrate to
Thinkific Plus from other LMS providers and enhance learner
experience and engagement
VANCOUVER, BC, June 5, 2024
/PRNewswire/ - Thinkific, a leading platform in digital
learning and creator economy tools, announced today a series of
platform updates and feature enhancements to its enterprise
customer education solution, Thinkific Plus. Building on the growth
momentum of the Plus business, these improvements are designed to
make it easier to get started and enhance functionality for its
rapidly expanding base of SMEs and enterprise customers.
Thinkific Plus provides a powerful platform for organizations
building external training programs to accelerate their customer
onboarding, reduce churn, and fuel growth. Thinkific Plus, which
saw growth reach 28% in Q1, 2024, caters to a broadening array of
notable clients with recent additions including Columbia University, the New Zealand Parliament,
go-to-market AI platform, CopyAI, and global task automation firm,
Make.com.
As the demand for comprehensive digital learning solutions
rises, Thinkific unveiled its all new open API which allows
enterprise customers flexibility to customize and shape their
educational environments. By integrating seamlessly with existing
tools, the API facilitates actionable insights through rich data
analytics and the development of custom applications. This enables
organizations to build out highly personalized educational
experiences that are beyond what many Learning Management System
(LMS) providers can deliver.
The Plus platform has also recently introduced several new
features designed to boost user engagement. Features include
advanced customization options such as digital badges (to encourage
learning and reward participation), notifications, in-course
pop-ups, and timers, all designed to empower educators to create
more interactive and 'sticky' learning experiences.
Additionally, Thinkific has built SCORM
functionality (Sharable Content Object Reference Model), an
e-learning standard that ensures content can be seamlessly
integrated across various LMSs, making it easier to migrate to
Thinkific from other platforms. It also supports the use of
third-party content authoring tools, such as Rise 360, Storyline
and Adobe Captivate, to drive higher learning engagement by
creating interactive experiences such as games,
choose-your-own-adventure paths and simulations. This delivers on
Thinkific's promise to help customers get started quickly by
accelerating their onboarding, reducing churn and fueling their
bottom line.
Greg Smith, CEO of Thinkific,
shared his enthusiasm about the trajectory of the Plus business
commenting: "Our strategic investments in Thinkific Plus are
beginning to expand the platform's capabilities ahead of many
competitors in the space and significantly enhancing the value we
deliver to our customers. With continuous enhancements, we are
equipping our clients with the tools necessary to build and scale
exceptional customer education programs."
For more information about Thinkific Plus and its new features,
visit www.thinkific.com/plus.
About Thinkific
Thinkific (TSX:THNC) makes it simple
for creators and established businesses of any size to scale and
generate revenue by teaching what they know. Our platform gives
businesses everything they need to build, market, and sell digital
learning products - from courses to communities - and to run their
business seamlessly under their own brand, on their own
site. Thinkific's 50,000+ active creators earn hundreds of
millions of dollars in direct course, membership and community
sales while teaching tens of millions of students. Thinkific is
headquartered in Vancouver,
Canada, with a distributed team.
For more information, please visit www.thinkific.com.
This news release includes forward-looking statements and
forward–looking information within the meaning of applicable
securities laws ("forward-looking statements"). Often, but not
always, forward–looking information can be identified by the use of
words such as "plans", "is expected", "expects", "scheduled",
"intends", "contemplates", "anticipates", "believes", "proposes" or
variations (including negative and grammatical variations) of such
words and phrases, or state that certain actions, events or results
"may", "could", "would", "might" or "will" be taken, occur or be
achieved. Forward-looking statements in this news release include
statements regarding the Company's introduction of new Plus
features designed to help businesses leverage Thinkific's Plus
platform to enhance their company's growth, and increase customer
retention; the anticipated benefits that these new features can
have for our Plus customers including enhanced learner experience,
ability to quickly develop and integrate custom tools, rich data
analytics that can drive actionable insights; the Company's
addressable markets for its solutions; capturing market share;
competitive advantage; advances in and expansion of the Company's
offered platform service; the continued development and success of
new products and services; expectations related to increased
adoption of Thinkific's platform and standalone products; and
expectations regarding revenue and the revenue generation potential
of Thinkific. Such statements and information are based on the
current expectations of Thinkific's management, and are based on
assumptions and subject to risks and uncertainties. Although
Thinkific's management believes that the assumptions underlying
these statements and information are reasonable, they may prove to
be incorrect. Except as required by applicable securities laws,
forward–looking statements and information speak only as of the
date on which they are made and Thinkific undertakes no obligation
to publicly update or revise any forward–looking statement or
information, whether as a result of new information, future events
or otherwise.
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SOURCE Thinkific Labs Inc.