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Whatfix
Whatfix is a SaaS-based digital adoption platform that provides in-app guidance, training, and performance support for web applications and software products. The company is headquartered in San Jose, California, United States and Bengaluru, Karnataka, India. History Co-founded by Khadim Batti and Vara Kumar, the service was initially developed as a search and social media engagement platform for small businesses. The company eventually pivoted to an interactive guidance platform for businesses, and was named Whatfix. In January 2018, the company announced that veteran Silicon Valley investor Vispi Daver had moved from the board of the company and joined the executive team. In October 2019, Whatfix acquired AI platform Airim. They acquired the learning management system Nittio Learn in August 2021 and the mobile assistance platform Leap.is in April 2022. Funding Whatfix raised $1 million dollars in seed funding in April 2015, led by venture capital firm Powerhouse Ve ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Learning Management System
A learning management system (LMS) is a software application for the administration, documentation, tracking, reporting, automation, and delivery of educational courses, training programs, materials or learning and development programs. The learning management system concept emerged directly from e-Learning. Learning management systems make up the largest segment of the learning system market. The first introduction of the LMS was in the late 1990s. Learning management systems have faced a massive growth in usage due to the emphasis on remote learning during the COVID-19 pandemic. Learning management systems were designed to identify training and learning gaps, using analytical data and reporting. LMSs are focused on online learning delivery but support a range of uses, acting as a platform for online content, including courses, both asynchronous based and synchronous based. In the higher education space, an LMS may offer classroom management for instructor-led training or a ...
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Companies Based In San Jose, California
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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SOC 2
System and Organization Controls (SOC), (also sometimes referred to as service organizations controls) as defined by the American Institute of Certified Public Accountants (AICPA), is the name of a suite of reports produced during an audit. It is intended for use by service organizations (organizations that provide information systems as a service to other organizations) to issue validated reports of internal controls Internal control, as defined by accounting and auditing, is a process for assuring of an organization's objectives in operational effectiveness and efficiency, reliable financial reporting, and compliance with laws, regulations and policies. A broad ... over those information systems to the users of those services. The reports focus on controls grouped into five categories called ''Trust Service Principles''. The AICPA auditing standard Statement on Standards for Attestation Engagements no. 18 (SSAE 18), section 320, "Reporting on an Examination of Controls at a Se ...
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Darwin Information Typing Architecture
The Darwin Information Typing Architecture (DITA) specification defines a set of document types for authoring and organizing topic-oriented information, as well as a set of mechanisms for combining, extending, and constraining document types. It is an open standard that is defined and maintained by the OASIS DITA Technical Committee. The name derives from the following components: * Darwin: it uses the principles of specialization and inheritance, which is in some ways analogous to the naturalist Charles Darwin's concept of evolutionary adaptation, * Information Typing: which means each topic has a defined primary objective (procedure, glossary entry, troubleshooting information) and structure, * Architecture: DITA is an extensible set of structures. Features and limitations Content reuse Topics are the foundation for content reuse, and can be reused across multiple publications. Fragments of content within topics can be reused through the use of content references (''conref'' o ...
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SCORM
Shareable Content Object Reference Model (SCORM) is a collection of standards and specifications for web-based electronic educational technology (also called e-learning). It defines communications between client side content and a host system (called "the run-time environment"), which is commonly supported by a learning management system. SCORM also defines how content may be packaged into a transferable ZIP file called "Package Interchange Format." SCORM is a specification of the Advanced Distributed Learning (ADL) Initiative from the Office of the United States Secretary of Defense. SCORM 2004 introduced a complex idea called sequencing, which is a set of rules that specifies the order in which a learner may experience content objects. In simple terms, they constrain a learner to a fixed set of paths through the training material, permit the learner to "bookmark" their progress when taking breaks, and assure the acceptability of test scores achieved by the learner. The standar ...
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2013
File:2013 Events Collage V2.png, From left, clockwise: Edward Snowden becomes internationally famous for leaking classified NSA wiretapping information; Typhoon Haiyan kills over 6,000 in the Philippines and Southeast Asia; The Dhaka garment factory collapse in Bangladesh kills over 1,000 people; The streak from the Chelyabinsk meteor that rocketed across the Russian morning sky; Protests occur amid the coup d'état that overthrew President Mohamed Morsi of Egypt; Smoke rises as a result of the Westgate shopping mall attack in Nairobi, Kenya, carried out by Al-Shabaab militants; The Boston Marathon bombing marks the first terrorist attack in the United States since 9/11; Pope Francis is elected to the Papacy in the 2013 papal conclave., 300x300px, thumb rect 0 0 200 200 Edward Snowden rect 200 0 400 200 Typhoon Haiyan rect 400 0 600 200 Dhaka garment factory collapse rect 0 200 300 400 2013 papal conclave rect 300 200 600 400 Chelyabinsk meteor rect 0 400 200 600 Boston Marat ...
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Product Analysis
Product analysis involves examining product features, costs, availability, quality, appearance and other aspects. Product analysis is conducted by potential buyers, by product managers attempting to understand competitors and by third party reviewers. Product analysis can also be used as part of product design to convert a high-level product description into project deliverables and requirements. It involves all facts of the product, its purpose, its operation, and its characteristics. Techniques Related techniques include product breakdown, systems analysis, systems engineering, value engineering, value analysis and functional analysis. * Product breakdown: Recursively divide the product into components and subcomponents. Technology analysis Technological analysis is sometimes applied in decision-making often related to investments, policy-decisions and public spending. They can be done by a variety of organization-types such as for-profit companies, non-profit think tanks, ...
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User Onboarding
User onboarding is the process of improving an individual's requirements and success with a product or service. This term is often used in reference to software products, and it can be done in a manual or automated way. It is the process through which new software is designed such that new users are provided and acquire the necessary knowledge, skills, and behaviors in order to become “up and running” and effective users of website, app, or software service. The term originates from the human resources term, onboarding, that refers to the mechanism through which new employees acquire the necessary knowledge, skills, and behaviors in order to become effective organizational members. The goal of user onboarding is to get the users to understand the key principles at the heart of the product and to show them how it will improve their lives. If it can make the point of the product clear and easy to understand the first time a user tries it, have a better chance of gaining excited ...
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Software Adoption
In computing, adoption means the transfer (conversion) between an old system and a target system in an organization (or more broadly, by anyone). If a company works with an old software system, it may want to use a new system which is more efficient, has more work capacity, etc. So then a new system needs to be adopted, after which it can be used by users. There are several adoption strategies that can be used to implement a system in an organization. The main strategies are big bang adoption, parallel adoption and phased adoption. "Big bang" is a metaphor for the cosmological theory of the same name, in which the start of the cosmos happened at one moment in time. This is also the case with the big bang adoption approach, in which the new system is supposed to be adopted wholesale on one date. In the case of parallel adoption, the old and the new system are run in parallel initially, so that all the users can get used to the new system, but still can do their work using the old ...
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Employee Stock Ownership Plan
Employee stock ownership, or employee share ownership, is where a company's employees own shares in that company (or in the parent company of a group of companies). US employees typically acquire shares through a share option plan. In the UK, Employee Share Purchase Plans are common, wherein deductions are made from an employee's salary to purchase shares over time. In Australia it is common to have all employee plans that provide employees with $1,000 worth of shares on a tax free basis. Such plans may be selective or all-employee plans. Selective plans are typically only made available to senior executives. All-employee plans offer participation to all employees (subject to certain qualifying conditions such as a minimum length of service). Most corporations use stock ownership plans as a form of an employee benefit. Plans in public companies generally limit the total number or the percentage of the company's stock that may be acquired by employees under a plan. Compared with ...
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Series B
A venture round is a type of funding round used for venture capital financing, by which startup companies obtain investment, generally from venture capitalists and other institutional investors. The availability of venture funding is among the primary stimuli for the development of new companies and technologies. Features Parties *Founders or stakeholders. Introduce companies to investors. *A lead investor, typically the best known or most aggressive venture capital firm that is participating in the investment, or the one contributing the largest amount of cash. The lead investor typically oversees most of the negotiation, legal work, due diligence, and other formalities of the investment. It may also introduce the company to other investors, generally in an informal unpaid capacity. *Co-investors, other major investors who contribute alongside the lead investor *Follow-on or piggyback investors. Typically angel investors, high-net worth individuals, family offices, institut ...
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