MALVERN, Pa., March 1, 2016 /PRNewswire/ -- This week, led by its global team of proven technology entrepreneurs and scientists, Zoomi will introduce its first-to-market e-learning platform at the Future of Learning and Working conference in Los Angeles. Zoomi's technology combines predictive analytics, machine learning, adaptive learning and social network optimization to deliver measurable ROI on corporate educational investments – a $60 billion industry in the United States alone.
Zoomi's proprietary technology was developed by Waterman Award recipient Dr. Mung Chiang and, in its trial phase, has already helped companies improve learning outcomes, enhance revenue, reduce costs, and mitigate risk. Clients have experienced a nine percent reduction in failure rates, a 14 percent reduction in the time taken to complete a course, and across-the-board improvements in reported satisfaction.
"The corporate world spends billions of dollars on corporate learning investments each year without any clear way to measure their investment," said Zoomi, Inc. Executive Chairman, Jim Walker. "We developed Zoomi to ensure a company's learning investment is measurable and to provide the data necessary to improve content moving forward – neither of which has been available until today." Previously, Walker was the founder and CEO of Octagon Research Solutions, a pharmaceutical industry management solutions provider, which was acquired by Accenture, LLP in 2012.
In 2012, Dr. Chiang found that only three percent of students enrolled in one of his massive open online courses (MOOC) finished the entire course. As a result, Dr. Chiang developed what is now the Zoomi platform to improve completion rates with true comprehension results. By wrapping a data capture and algorithm layer around instructional content, the Zoomi platform adapts a company's existing educational content to an individual learner by analyzing their behavioral, performance and social patterns. With over 85 percent certainty, Zoomi can predict whether a user will answer the next question correctly. Zoomi is able to deliver a measurable ROI for businesses and provide insights that can be used to improve the company's future corporate learning outcomes. Content agnostic, Zoomi can be used to adapt and improve any instructional content. Natively mobile on IOS and Android, Zoomi is also available as a responsive Web App.
On March 2, 2016, as part of the Future of Learning and Working Conference at The Microsoft Technology Center in Playa Vista, CA, Zoomi General Manager, William McColgan, will present "Ensuring Employee Success Begins with Predictive Analytics." In addition to walking attendees through the platform, McColgan will discuss the current state of learning and development and the importance of tailoring educational content to the individual user. More information on the conference and Zoomi's presentation can be found here.
About Zoomi, Inc.
Zoomi, an e-learning platform, brings together the disciplines of predictive analytics, machine learning and social network optimization. Zoomi's first-to-market technology delivers measurable ROI for corporate training and education programs and provides insights that can be used to improve future business outcomes. Zoomi was founded in January 2015 by a global team of industry-leading engineers, developers and designers. Zoomi, Inc.'s headquarters are in Malvern, PA. For more information or to request a demo, visit www.zoomiinc.com.