Friday, June 17, 2016

Online education firm Udacity looks beyond tech sector - HARRO TEN WOLDE, Reuters

Online education company Udacity plans to branch out of its core technology market to meet growing demand for digitally-skilled workers in areas such as banking and the car industry, its co-founder told Reuters as the company launched in Germany. The Silicon Valley start-up, now worth more than $1 billion, is betting its focus on vocational courses for professionals, as well as its work for global companies such as Google, will help it to stand out in the fast-growing online education industry. The market is expected to more than double to $97.8 billion in 2020 from $43.3 billion in 2015, according to research firm Research and Markets.

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