Learning company Pearson has acquired the ground breaking workforce AI and predictive analytics company, Faethm.
Faethm is one of Australia’s highest profile tech companies and it will sit at the heart of Pearson’s new Workforce Skills division. Its market-leading data, insights and AI capabilities will power the next generation of Pearson’s lifelong learning products, which are focused on meeting the rapidly changing needs of today’s workforce and bridging the global skills gap.
Faethm’s sophisticated AI and analytics services help governments, companies and workers understand the dynamic forces shaping the labour market-from technological disruption to economic shocks such as COVID and climate change. Armed with these insights, customers can make data driven decisions to navigate those changes and upskill or reskill their workforce.
Faethm founders, Michael Priddis and Greg Miller, will join the leadership team of Pearson’s new Workforce Skills division and play a key role in its growth and mission. Priddis is a former Partner at BCG and Asia Managing Director BCG Digital Ventures and Miller has held Asia-Pacific executive leadership roles at SAP, PeopleSoft and Unisys.
Since Faethm’s launch less than four years ago the company has grown to serve customers in 21 industries in 26 countries from offices in Sydney, London, San Francisco and New York. The acquisition of Faethm marks an important step in Pearson’s digital strategy and its continued commitment to meeting the lifelong learning needs of people around the world.
Click here to read the original press release.
