{"id":403887,"date":"2020-12-21T12:06:08","date_gmt":"2020-12-21T17:06:08","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=403887"},"modified":"2020-12-21T12:06:08","modified_gmt":"2020-12-21T17:06:08","slug":"benchprep-adds-three-times-as-many-customers-in-2020-expands-product-offerings-to-support-rapid-digital-transformations-of-professional-learning","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/benchprep-adds-three-times-as-many-customers-in-2020-expands-product-offerings-to-support-rapid-digital-transformations-of-professional-learning\/","title":{"rendered":"BenchPrep Adds Three Times as Many Customers in 2020, Expands Product Offerings to Support Rapid Digital Transformations of Professional Learning"},"content":{"rendered":"

\nCompany\u2019s award-winning, cloud-based learning platform adds 1 million new users in 2020, grows customer portfolio by 3x
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CHICAGO, Dec. 21, 2020 (GLOBE NEWSWIRE) — BenchPrep,<\/u><\/a> an award-winning professional learning program, today announced milestones from a year of significant growth, including achieving 3x growth in new customers year-over-year, and 55 percent growth in organizations leveraging the platform. The number of learners on the platform reached nearly 7 million in 2020, with significant growth within the existing customer base in addition to new customers.<\/p>\n

BenchPrep welcomed several prominent new customers into its portfolio in 2020, including Huron<\/u><\/a>, CDW<\/u><\/a>, and AccessLex Institute<\/u><\/a>, among others. In addition to these additions, BenchPrep has also expanded relationships and product offerings with existing customers, such as C2 Education, CFA Institute and Graduate Management Admission Council (GMAC).<\/p>\n

To support its growth and scale, BenchPrep doubled its workforce in the last two years, including bringing on executive key hires<\/u><\/a> and expanding to a new 28,000 square foot office space at 111 S. Wacker Drive in downtown Chicago. To better support and service its customers\u2019 needs, BenchPrep made key product developments and expanded offerings: a Quick Start Program<\/u><\/a> to support organizations needing to rapidly maneuver COVID-19 restrictions and get online quickly, adding BenchPrep Engage<\/u><\/a> to its product portfolio which delivers repeatable, bite-sized content to avoid knowledge loss over time by learners, and a newly released integration with <\/u><\/a>Zoom<\/u><\/a> to support Virtual Instructor Led Training (VILT). These new product offerings ensure revenue continuity for training organizations and sets them up for long term revenue growth.<\/p>\n

\u201cIt\u2019s no surprise that this has been a challenging year for the world at large, and the learning and education space has been no different,\u201d said Ashish Rangnekar, co-founder and CEO at BenchPrep. \u201cEvery organization has been pressured to bring their learning programs online quickly, and as a company, I\u2019m so proud of how we\u2019ve pivoted to support our customers through their digital transformations. We\u2019re looking forward to a successful 2021 as we continue to help organizations digitally transform their learning programs in this new world order.\u201d<\/p>\n

BenchPrep also won numerous industry and company awards in 2020, and was included in multiple analyst reports, recognizing both its product as well as company culture, including:<\/p>\n