Pathlore Achieves Leader Status in METAspectrum Evaluation of Learning Management System Platforms
April 02 2004 - 11:30AM
PR Newswire (US)
Pathlore Achieves Leader Status in METAspectrum Evaluation of
Learning Management System Platforms COLUMBUS, Ohio, April 2
/PRNewswire/ -- Pathlore Software Corporation, a maker of
learning-management systems, today announced that it has been
ranked as a market leader in META Group's recently released
METAspectrum(SM) for Learning Management System (LMS) Platforms.
Pathlore's LMS software delivers, measures and reports on training
over the Internet. META Group is a leading research and consulting
firm that focuses on information technology and business
transformation strategies. According to META Group, the new
METAspectrum evaluation provides an objective assessment of
companies with "products that enable the registration, delivery,
tracking, hosting and administration of learning events." Pathlore
was positioned in the leadership segment of the METAspectrum
analysis, and was specifically recognized for its strong execution
as well as enhancements to its enterprise LMS suite. According to
Pathlore, these enhancements include an array of tools for "blended
learning," a mix of classroom instruction, Internet-based training,
virtual classes and online assessments. One example of the things
Pathlore has added to its software is a content management
capability. This capability allows customers to draw together --
and deliver to employees -- different modes of training such as
classroom instruction, online courses and virtual classes. Pathlore
says this capability lets trainers design education that fits each
worker's needs as well as style of learning "We're pleased that
META Group's analysts rated Pathlore as a leader in their most
recent METAspectrum," said Steve Thomas, Pathlore's president and
chief executive officer. "We've enjoyed another strong year of
sales in the United States as well as overseas, which has allowed
us to not only increase our level of profitability but also the
investment we've made to R&D." During 2003, Pathlore generated
approximately $25 million in revenue, a 10 percent uptick from the
prior year's mark. The growth in revenue stems from Pathlore's
ability to win deals at home and abroad in the areas of healthcare,
banking and government. In 2003, the Ohio-based company and its
global partners announced contracts with organizations including
Australia Post, Italian Training Institute (IAL), DaimlerChrysler
UK, Nissan, BMW Great Britain, the Centers for Medicare &
Medicaid Services, US Bancorp, U.S. Navy Space and Naval Warfare
Systems Center and the Minnesota Department of Transportation.
"We've rated LMS companies as leaders because these firms enjoy
strong client commitment," said Carrie Picardi, senior research
analyst at META Group. "And we heard few, if any, complaints or
concerns from users of their tools." About METAspectrum
METAspectrum(SM) evaluations from META Group (NASDAQ:METG) provide
IT professionals with a view into critical market success factors
and vendor positioning. METAspectrum delivers comprehensive
evaluations of both technology markets and vendor product
offerings. There are multiple market evaluations planned for
release in 2004 and beyond. METAspectrum evaluations are updated
quarterly, biannually, or annually, depending on the
characteristics of individual markets. To view completed market
evaluations, or learn more about the METAspectrum methodology,
visit http://www.metagroup.com/metaspectrum . METAspectrum(SM)
market evaluations and results are the sole property of META Group,
Inc. and are Copyright (C) 2004 META Group, Inc. All rights
reserved. Permission to use the results requires prior written
approval from META Group, and should not be deemed an endorsement
of any company or product. About Pathlore Founded in 1995,
Columbus, Ohio-headquartered Pathlore develops software that
delivers, tracks and reports on corporate training over the
Internet. Customers use Pathlore's products to increase sales,
comply with government regulations and adhere to quality
initiatives. The privately held company's client roster includes
Delta Air Lines, NEC America Inc., Novartis, PNC Bank, Southwest
Airlines, more than 100 hospitals and health care providers and
government agencies in over 30 states including California, Ohio
and Texas. Pathlore has offices in Australia, New Zealand and the
United Kingdom. And the firm works with a network of resellers
based in Australia, England, Poland and South Africa. For more
information, go to http://www.pathlore.com/ . Contact: Bill Perry,
Pathlore Software Corp. 614-781-7271 DATASOURCE: Pathlore Software
Corporation CONTACT: Bill Perry of Pathlore Software Corp.,
+1-614-781-7271, or Web site: http://www.pathlore.com/
http://www.metagroup.com/metaspectrum
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