EdisonTV | Technology | 11/04/2017
Executive Interview - Learning Technologies Group
Jonathan Satchell, CEO of Learning Technologies Group (LTG), discusses the group’s background and its ambitions. LTG recently announced FY16 results, which saw revenue up 42%, adjusted EBITDA up 77% and adjusted EPS up 57% and he talks through the industry dynamics that is driving this growth. He discusses the rationale for buying NetDimensions and explains how it will fit in within the broader group. He discusses the 100-day plan for achieving cost synergies from NetDimensions and the impact it is likely to have on the business in the longer term. Finally, he outlines the key milestones that investors should expect from LTG over the next 12 months.
LTG was historically a professional services group, building bespoke content for corporate training environments, either in conjunction with the customer’s own learning management system (LMS) or an open source LMS such as Moodle. In recent years, it has developed and acquired its own suite of specialist learning technology software solutions, including gomo (an authoring tool) and Rustici (enables interoperability across different technology standards). Most recently, it has acquired NetDimensions, which gives the group its own proprietary LMS.