{"id":61024,"date":"2019-12-11T07:05:14","date_gmt":"2019-12-11T07:05:14","guid":{"rendered":"https:\/\/explore.local\/2019\/12\/11\/degreed-acquires-adepto\/"},"modified":"2025-04-04T19:28:23","modified_gmt":"2025-04-04T19:28:23","slug":"degreed-acquires-adepto","status":"publish","type":"post","link":"https:\/\/degreed.com\/experience\/es-419\/blog\/degreed-acquires-adepto\/","title":{"rendered":"Degreed Acquires Adepto"},"content":{"rendered":"\n

For the past seven years, Degreed has been building a platform to develop and measure the in-demand skills people need for the future. We believe that data about the skills people have (or don\u2019t have) can help organizations make smarter decisions about how they hire, manage, and develop talent.<\/p>\n\n\n\n

We\u2019ve come a long way. The business has quadrupled over the last two years and the number of people using our platform has tripled in the last year alone. We\u2019ve built a more engaging platform, which helps our customers unlock new insights about the supply of skills within their companies. That’s why one-third of the Fortune 50 companies are using Degreed today to put their employees\u2019 needs first.<\/p>\n\n\n\n

The next step is helping our customers identify and respond to shifts in the skills that are in demand. So today, we’re pleased to announce that we have acquired Adepto<\/a> to complete our vision and empower our customers to bridge the divide between the supply and demand for skills.<\/p>\n\n\n\n

Where We\u2019ve Been<\/h2>\n\n\n\n

Seven years ago, we realized that the HCM suites had forgotten about the end-user. Across the board, the existing platforms focused more on HR and administrative requirements than on the value delivered to employees.<\/p>\n\n\n\n

So, we set out to build a different type of product \u2014 one that\u2019s enterprise-class, meaning it\u2019s scalable, secure, and most importantly, impactful \u2014 by being laser-focused on the needs of the employee. <\/p>\n\n\n\n

Degreed is both platform- and content- agnostic, so you and your people can learn your way. It also includes a simple yet powerful toolkit that enables both users and administrators to personalize the experience based on everyone\u2019s unique skill sets, interests, and ambitions. And by focusing on what the users really need, Degreed is able to generate a unique and valuable dataset on the learning and skills of your workforce.<\/p>\n\n\n\n

The Demand to Our Supply<\/h2>\n\n\n\n

Listening to our clients, we consistently hear one thing loud and clear: they need more than inconsistent or inferred data sets from their HCM systems or yearly performance reviews. They want a system that not only promotes continuous user engagement, but also offers insight into how their people’s skills match with projects, career opportunities, and business priorities \u2014 and helps people bridge those gaps. This is where the acquisition of Adepto comes in.<\/p>\n\n\n\n

Adepto enables organizations to build private Total Talent<\/a> networks that intelligently match internal and<\/em> external workers to open projects, gigs, and job opportunities that fit their abilities and career goals. It also provides business leaders with easy-to-use tools to track and access the skill sets of their entire pool of available talent, including current and past employees, as well as contractors, freelancers, consultants, and potential new hires.<\/p>\n\n\n\n

Through the acquisition, Degreed will become the destination for business executives, team managers (as well as talent and HR leaders) to understand and manage the supply and demand for skills inside their organizations. Paired with Degreed\u2019s award-winning Learning Experience Platform, Adepto\u2019s technology will give our customers a talent marketplace to enable internal mobility along with the visibility and capabilities to respond to shifts in the demand for skills as they\u2019re happening.<\/p>\n\n\n\n

\"Degreed
Degreed + Adepto. Better Together<\/figcaption><\/figure>\n\n\n\n

Adepto at a Glance:<\/h2>\n\n\n\n