Pathlore Acquires DKSystems; Pathlore Market Share Now Tips 36 Percent
According to DKSystems founder and CEO Dave Kripke and Pathlore CEO and President Steve Thomas, both companies share a common approach to the market in terms of building quality solutions, while minimizing total cost of ownership. Kripke added, â€œDKSystems believes its customers are in good hands with Pathlore.â€ Said Thomas, â€œWe intend to continue to deliver world-class support for DKSystemsâ€™ products, and deliver the next generation LMS to DKSystemsâ€™ customers whenever that update makes sense for them. We will incorporate the best of DKSystemsâ€™ technology into the Pathlore LMS.â€
The acquisition gives Pathlore additional solution-delivery resources. Specifically, Pathlore will add Chicago-based development, sales, services and support staff to its operations, leveraging existing DKSystems staff and facilities. The acquisition also boosts Pathloreâ€™s market share lead. In a recently published report titled â€œLearning Management Systems 2004: Facts, Practical Analysis, and Trends for Corporate Buyers, Vendors, and Consultants,â€ e-learning researchers at Bersin & Associates state that, â€œBased on total market experience (number of customers), the leaders are Pathlore and DKSystems.â€
According to the report, Pathloreâ€™s share of the marketâ€™s total customer base equals 20 percent. DKSystems, with a 16 percent share, follows Pathlore. SumTotal Systems trails both vendors with a 12 percent share. Pathloreâ€™s acquisition of DKSystems now gives Pathlore a 36 percent share of the LMS market as measured by number of customers. â€œThese new clients include many of the leading global brands in financial services, manufacturing, retail, healthcare, energy and utilities,â€ said Thomas.
DKSystemsâ€™ clients include more than 50 global enterprises each with annual revenues of $1 billion or more. Fifteen of these customersâ€™ annual revenues exceed $10 billion. In addition, Pathloreâ€™s acquisition of DKSystems adds more than 50 U.S. federal, state and local government organizations to Pathloreâ€™s industry-leading roster of public sector clients.
Pathlore Software Corporation provides the most widely adopted learning management solution in the world. Over 1,000 organizations and millions of users rely on Pathlore to optimize their business performance. Whether business performance depends on getting sales channels up to speed quickly on new products, increasing quality and customer satisfaction, or reducing costs associated with regulatory compliance, Pathlore learning management solutions ensure that clients achieve the maximum return on their investment in people. Pathlore clients include DaimlerChrysler, Delta Air Lines, Novartis, PNC Bank, U.S. Bancorp, government agencies on three continents and more than 100 health care organizations. For more information, go to http://www.pathlore.com
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