Sibling Group Holdings, Inc. (OTCQB: SIBE), (www.siblinggroup.com) (the "Company") announced a targeted focus on corporate e-learning as it continues to move forward with developing a complete lifelong learning company. The Sibling leadership team sees a unique opportunity to leverage great content and technology across educational platforms.
"Today's employees need customized training that eliminates knowledge gaps across subject matter requiring highly engaging content and technology to ensure those employees can succeed," stated Dave Saba, President of Sibling Group Holdings.
In a recent report* on corporate eLearning, the statistics clearly demonstrates the shift in corporate training to online resources:
- 77% of American corporations were using online learning
- Corporate training is a $200 billion industry with eLearning representing more than half $100 billion by 2015
- 80% of employees report using eLearning at work
- eLearning courses are generally shorter by 25-60% than live courses increasing productivity
Forbes reported that corporate learning grew by 15% in 2013 which is the largest increase in spending in seven years and they do not see spending decreasing. They report that 70% of organizations report employee "capability gaps" as one of their top five challenges.**
Mr. Saba continued, "As the economy improves, employers are looking to invest in their talent to ensure they retain key employees and improve their overall performance. The addition of a corporate eLearning organization could counteract the cyclical nature of K12 revenue creating a much stronger operation. The Company believes a strategic partnership or acquisition in corporate eLearning would be a great complement to Sibling's Blended Schools (www.blendedschools.net) transaction. The same delivery system can be utilized at all ages, and with assorted curriculum libraries, in an expanded market." The company is aggressively pursuing opportunities in the corporate eLearning market.
About Sibling Group, Inc.:
Sibling Group Holdings, Inc. (OTCQB: SIBE), (www.siblinggroup.com) intends to acquire, on a global basis, advanced technology and education management operations in order to enhance and accelerate the delivery of 21st century learning. By accessing funding from the public capital markets and melding them into a unified strategy, Sibling seeks to accelerate the improvement of education across the globe. The results: better educated children and adults, a sustainable and cost effective instructional model and reduced dependence on governmental funding. Our current operations include professional development for the teaching profession and educational technology offerings including classroom management tools. The Company's executive offices are in Atlanta, Georgia.
* Source - Shift: Disruptive eLearning Blog - http://info.shiftelearning.com/blog/bid/247473/18-Mind-Blowing-eLearning-Statistics-You-Need-To-Know
** Source - Forbes 2014 annual survey of corporate learning - http://www.forbes.com/sites/joshbersin/2014/02/04/the-recovery-arrives-corporate-training-spend-skyrockets/
This press release may contain forward-looking statements that involve a number of risks and uncertainties and are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Sibling Group Holdings, Inc. is subject to risks detailed from time to time in its publicly filed documents available at www.sec.gov. Sibling Group Holdings, Inc. does not undertake to update any forward-looking statements that it may make to conform to actual results. All current and potential shareholders are asked to read all filings for the Company at the Securities and Exchange Commission web site, www.SEC.gov.
Phone: (201) 355-6946
SOURCE: Sibling Group Holdings, Inc.