Accenture has also announced the launch of an AI-native learning platform — Accenture LearnVantage, to provide its clients with comprehensive technology learning and training services. The company will invest $1 billion in Accenture LearnVantage over three years and has agreed to acquire Udacity to build on and scale for clients Accenture’s deep experience in learning and training and meet rising demand for technology skills, including generative AI.
Udacity’s team. of more than 230 professionals will join Accenture LearnVantage.
Udacity is recognized for its cutting-edge learning approach that emphasizes the acquisition of practitioner-level technical skills. The acquisition will bring to Accenture Udacity’s capabilities in integrating proprietary content, expert services and scalable learning technology while seamlessly bridging the gap between online education and workplace relevance.
Founded in 2011, Udacity has highly regarded network of more than 1,400 experts and a vast library of exclusive content co-created with industry leaders, Udacity has served more than 21 million registered learners in 195 countries, providing localized course offerings in multiple languages, including English, Arabic, Korean and Spanish. In a crowded market, Udacity has differentiated itself through its combination of high-quality content and ‘human in the loop’ learning, coupled with an outcome-focused approach.
The rise of generative AI represents one of the most transformative changes in how work gets done and is driving a growing need for enterprises to train and upskill people in cloud, data and AI as they build their digital core and reinvent their enterprises,” said Kishore Durg, global lead of Accenture LearnVantage. “The addition of Udacity to Accenture LearnVantage will enable us to bring Accenture’s deep capabilities as a world-class learning organization to clients at scale, helping them build the skills of their people to achieve greater business value.”
“As we join forces with Accenture, we are thrilled to embark on this next chapter of our journey. Together, we are dedicated to delivering impactful and cutting-edge tech education that enables individuals and organizations to unlock their potential,” said Kai Roemmelt, CEO of Udacity. “This combined with Accenture’s world-class expertise and global footprint will allow us to reach even more learners and amplify our impact, empowering millions to thrive in the digital economy.”
Completion of the acquisition is subject to customary closing conditions, including required antitrust clearances.
Accenture LearnVantage will work with technology ecosystem partners, including Amazon Web Services, Google Cloud and Microsoft, to provide generative AI content, industry-relevant technology training and cloud certifications for their joint clients. It will also work with additional world-class learning partners, including Pluralsight, Coursera, Workera and Skillsoft.
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