Companies Cut Costs in Recession with SaaS Online Training Platform Litmos
Thursday, 21 May 2009 Press Release: Litmos
The last few months have seen Auckland-based software company Litmos pushing their online training product to new
heights.
Litmos, an online platform that enables trainers to deliver web-based courses, has been on the market for over two
years, but never before have they received the kind of attention as in the past 6 months. Customer numbers look to be on
an exponential increase as companies scramble to save dollars by moving to hosted online services.
CEO Rich Chetwynd says “It’s amazing how quickly the connection has been made between moving training online and
dramatically reducing training and development costs. Classroom-based courses are a thing of the past; the future is
blended learning and online training”.
Litmos recently released Version 3.0 which not only continues to offer companies a way to save money, but also now
enables individuals to sell their courses and create an additional revenue stream. Chetwynd says ”In this recessive
market, any business that offers people a way to reduce costs and make money is definitely in a win-win situation.” www.litmos.com Twitter@litmos
ENDS