Udemy.com is an online learning platform. It is intended for professional adults. Unlike an academic MOOC program encouraged by traditional college courses, Udemy uses content from online creators for sale for profit. Udemy provides a tool that allows users to create courses, promote them, and earn money from student tuition fees.
No Udemy programs are currently credited for college credits; students take most courses as a means to improve job-related skills. Some programs generate credit for technical certification. Udemy has made a special effort to attract corporate coaches who want to create courses for their company employees.
By 2018, there are over 65,000 courses on the website.
Video Udemy
Histori
In 2007, founder Udemy (YOU-duh-mee) Eren Bali built the software for virtual live classrooms while living in Turkey. He saw the potential in making free products for everyone, and moved to Silicon Valley to set up the company two years later. The site was launched by Bali, Oktay Caglar and Gagan Biyani in early 2010.
In February 2010, the founders tried to increase venture capital funding, but the idea failed to impress investors and they were rejected 30 times, according to Gagan Biyani. In response to this, they booted product development and launched Udemy - "The Academy of You" - in May 2010.
Within a few months, 1,000 instructors have created about 2,000 courses, and Udemy has nearly 10,000 registered users. Based on this favorable market reaction, they decided to try another round of funding, and raised $ 1 million in venture funding in August.
In October 2011, the company raised an additional $ 3 million in Series A funding led by Groupon investors Eric Lefkofsky and Brad Keywell, as well as 500 Startups and MHS Capital.
In December 2012, the company raised $ 12 million in Series B funding led by Insight Venture Partners, as well as Lightbank Capital, MHS Capital and Learn Capital, bringing Udsch's total funds to $ 16 million.
On April 22, 2014, the Digital Wall Street Journal edition reported that Denny Yang, Chief Operating Officer of Udemy was appointed CEO, replacing Eren Bali.
In May 2014, Udemy raised $ 32 million in C Series funding, led by Norwest Venture Partners, as well as Insight Venture Partners and MHS Capital.
In June 2015, Udemy raised $ 65 million in the Series D round, led by the Stripes Group. Now Udemy joins another online learning house, Skillsdox Inc., Canada to open a Skill School in India.
In June 2016, Udemy raised $ 60 million from Naspers Ventures as a follow-up to the D65 Series Series funding of June 2015.
On June 1, 2017, Udemy announced that the company's board has appointed Kevin H. Johnson as its new chief executive officer effective immediately.
Maps Udemy
Overview
Udemy serves as a platform that allows instructors to create online courses on the topic they choose. Using Udemy's course development tools, they can upload videos, PowerPoint presentations, PDFs, audio, zip files, and direct classes to create courses. Instructors can also engage and interact with users through online discussion boards.
Courses are offered in various categories, including business and entrepreneurship, academics, arts, health and fitness, language, music, and technology. Most of the classes are in practical subjects like Excel software or using iPhone cameras. Udemy also offers Udemy for Business, which allows business access to a suite of more than 2,000 training courses targeting topics from digital marketing tactics to office productivity, design, management, programming, and more. With Udemy for Business, organizations can also create special learning portals for corporate training.
Udemy offers free and paid courses, depending on the instructor.
The instructor's compensation of tuition fees varies based on who invests in marketing to attract students to Udemy. Instructors get 97% of all college income if the reputation or marketing of the instructor itself attracts students. Udemy retains 50% of the income if the student is interested in the marketing of the site itself or other courses, and the instructor earns only 25% of the tuition if Udemy's affiliate promotions attract students to the sites and courses. In the latter case, the affiliate earns 50% of the tuition fee, and the remaining 50% is shared between Udemy and the instructor. By 2015, the top 10 instructors generate over $ 17 million in total revenue.
In April 2013, Udemy offers apps for Apple iOS, allowing students to take classes directly from the iPhone; The Android version was launched in January 2014. Since January 2014, iOS apps have been downloaded more than 1 million times, and 20 percent of Udemy users access their courses via mobile phones.
Large online open course (MOOC)
Udemy is part of the growing MOOC movement available outside the traditional university system, and has been noted for the various courses on offer.
Reception
Udemy has been discussed at The New York Times, The China Post , Fast Company , BBC YPN and TechCrunch , with Mashable note "Udemy offers an experience that rivals the real class, and should prove to be a useful utility for teachers and students from all subjects."
In 2014,
Notary entrepreneur Jack Welch has developed an online MBA program, offered through Jack Welch Management Institute (JWMI) at Strayer University, which acquired JWMI assets in November 2011. Udemy became the MOOC platform for the Welch Way institutional courseware in November 2012, and promoted Jack Welch this.
Hijacking worries
In November 2015, Udemy was accused of publishing and taking advantage of pirated courses, although no evidence was given that Udemy had benefited from this. The CEO, Dennis Yang, answered the allegations in a blog post, looked specifically at one allegation and stated that Udemy did not benefit from the piracy.
References
Source of the article : Wikipedia
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