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August 2018

Corporate IT Training and Educational Services

Sectorwatch

The rapid pace at which technology is advancing and the need to offer more innovative solutions to existing problems, accounts for the increasing demand for corporate training programs. As such, new and exciting technologies like virtual reality, augmented reality and AI saw an uptick in terms of funding for these tools and their use in training. IT and other technological professionals require constant upskilling to help fill skills gaps across industries and organizations. Corporate IT programs address the skill development needs of HR, make staff more productive and ahead in careers, which helps in surpassing organizational goals.

Industry Trends:

• Current revenue growth rate exceeds the average of the last 3 years, indicating that market momentum is increasing
• Current gross profit margin is less than the average of the last 3 years gross profit margins, indicating customer pricing power
• Current EBITDA margin is less than the average of the last 3 years EBITDA margins, which may signal further consolidation