Docebo Inc (TSX:DCBO) News and Share Price

Docebo Inc is a Toronto-based e-learning company that primarily focuses on corporate solutions. The company, set up by founder Claudia Erba in 2005, has its business operations around the globe, with offices in the US, France, the UK, Dubai and Italy.

In 2012, the company transitioned from an open-source model to a cloud-based Software-as-a-Service (SaaS) platform. The e-learning firm provides SaaS applications with various products and services, all in a single cloud-based centre.

Docebo’s learning suite includes:

• Learn- It provides Learning Management System (LMS) to deliver, track and certify online courses. It also offers training modules specially designed for enterprises. The company serves more than 2,000 brands through its LMS.

• Shape- It provides artificial intelligence (AI)-based content solutions to support learning and development programs.

• Content- It offers mobile-friendly learning content from an extensive network of more than a hundred providers and assistance from the Docebo Content Specialist.

• Learning Impact- It helps customers measure the effectiveness of their learning and development programs through questionnaires, survey techniques (A/B testing, reminders, UI design), industrial reports, and rectify them accordingly.

Docebo offers several solutions related to customer training, partner training, member training, sales enablement, employee onboarding, employee development and retention, and compliance training.

Some of its corporate clients include Citizens Advice, Getronics, TÜV Rheinland, Samsung, Litera, Amazon Web Services, DocuSign, Walmart, Uber, Hewlett-Packard, ZipRecruiter, etc. located in more than 90 countries.

Docebo enhances and supports enterprise learning programs of clients from different industries, including software, financial services, manufacturing, healthcare, business services, retail, hospitality and telecommunication industry.

It provides real-time tracking of training results, time optimization, and minimizing costs associated with traditional corporate learning methods and management systems.

The company generates its revenue majorly from the SaaS application platform and professional services.

Docebo went public in 2019 and is listed on the Toronto Stock Exchange. In 2020, the company also got listed on NASDAQ.