Prioritising Quality And Innovation In Ed-tech
Disprz emerged from a realisation within the ed-tech space, specifically in schools, that there was an opportunity to drive a more significant impact by helping organisations keep their employees 'right-skilled' in their roles, according to Subramanian Viswanathan, the Co-founder and CEO.
Recognising the fast-changing landscape of skills and persistent gaps in workplace roles, the founders aimed to go beyond traditional employee enablement through mandatory training. The vision was to introduce a skill-based training ecosystem for HR and L&D, aligning talent with business goals.
Viswanathan stated, "We founded Disprz with a mission to enable every person to advance at work and life through the best technology-led, scientifically-backed skilling experiences."
Prominent Trends In The Last Three Years
Discussing industry trends, Viswanathan highlighted five transformative shifts observed in the last three years. Firstly, organisations now recognise the need for a unified, scientific articulation of skills integrated within every stage of the employee lifecycle. The second trend revolves around the rapid evolution of skills and job roles, demanding continual assessment for optimal role fitment. He also emphasised the role of Generative AI in disrupting content creation, discovery, and learning administration. With the rise of new worker categories like Gen Z and Gig workers, there is a need for short, adaptive, personalised, and structured learning journeys. Lastly, Learning and Development is transitioning from being HR-centric to a strategic business partner.
Current Focus Areas and Growth Plans
Viswanathan outlined Disprz's current focus areas and growth plans for 2024. The company is delving deep into Generative AI to redefine content creation and user experience. Expansion in the US market is a major focus, aiming to deepen impact in the dynamic American market. Collaborations with global HCM leaders are in the pipeline to amplify the content, technology, and trainer marketplace for a more diversified learning ecosystem.
Company Scorecard and Recent Achievements
Sharing Disprz's recent achievements, Viswanathan said that the company welcomed 50 new clients in the last quarter, pushing their customer base to 400. They have served over 3 million learners and the company is growing at an impressive rate of 20 per cent quarter-on-quarter. What started in India has now become a global presence, with six operational subsidiaries worldwide.
Entrepreneurial Vision for India and Growth Factors
Reflecting on his vision for India, Viswanathan expressed a desire to shift from a "cutting corners" mindset to valuing quality over price. He acknowledged India's favourable demographic dividend, rising affluence and the global exposure of talented entrepreneurs as key growth factors. However, he stressed the importance of prioritising quality-first products for the local market.
