DigitalThink
Encyclopedia
DigitalThink was an electronic learning (eLearning) enterprise solutions company that strove to address the entire range of a corporation’s training and education needs. Founded in 1996 by Umberto Milletti
, Pete Goettner and Steve Zahm
At the time it was termed a Business Solution Provider (BSP) but would likely be viewed in modern terms as a software-as-a-service (SaaS
) model.
DigitalThink was one of the first eLearning companies to incorporate online mentors and tutors into their offering.
DigitalThink’s customers included Circuit City, Cisco
, Mitsubishi Caterpillar Forklift of America, KPMG Consulting, American Honda, Charles Schwab Corporation, DaimlerChrysler
, Deutsche Bank
, EDS
, The Gallup Organization
, GE Capital
, McDonald's
, Northwest Airlines
, Adobe Systems
, Informix
, Merrill Lynch
, Motorola
, Raytheon
, Silicon Graphics
, Texas Instruments
, US WEST
and Walgreens
.
The company was acquired in March 2004 by Convergys
for $120 million, or approximately $2.40 per share.
Umberto Milletti
Umberto Milletti is the CEO and co-founder of InsideView, a San Francisco-based business search and intelligence company.Prior to founding InsideView, Milletti was an executive and co-founder of DigitalThink, an electronic learning enterprise solutions company that sought to address the entire...
, Pete Goettner and Steve Zahm
At the time it was termed a Business Solution Provider (BSP) but would likely be viewed in modern terms as a software-as-a-service (SaaS
Saas
SAAS is an abbreviation for* Social Accountability Accreditation Services* Software as a service * Student Awards Agency for Scotland* Seattle Academy of Arts and Sciences* South Australian Ambulance Service...
) model.
DigitalThink was one of the first eLearning companies to incorporate online mentors and tutors into their offering.
DigitalThink’s customers included Circuit City, Cisco
Cisco
Cisco may refer to:Companies:*Cisco Systems, a computer networking company* Certis CISCO, corporatised entity of the former Commercial and Industrial Security Corporation in Singapore...
, Mitsubishi Caterpillar Forklift of America, KPMG Consulting, American Honda, Charles Schwab Corporation, DaimlerChrysler
DaimlerChrysler
Daimler AG is a German car corporation. By unit sales, it is the thirteenth-largest car manufacturer and second-largest truck manufacturer in the world. In addition to automobiles, Daimler manufactures buses and provides financial services through its Daimler Financial Services arm...
, Deutsche Bank
Deutsche Bank
Deutsche Bank AG is a global financial service company with its headquarters in Frankfurt, Germany. It employs more than 100,000 people in over 70 countries, and has a large presence in Europe, the Americas, Asia Pacific and the emerging markets...
, EDS
EDS
- Education :* Educational specialist , a terminal academic degree in the U.S.* Episcopal Divinity School, an Episcopal Seminary in Cambridge, Massachusetts* Evansville Day School, an independent college-prep school in Evansville, Indiana- Politics :...
, The Gallup Organization
The Gallup Organization
The Gallup Organization, is primarily a research-based performance-management consulting company. Some of Gallup's key practice areas are - Employee Engagement, Customer Engagement and Well-Being. Gallup has over 40 offices in 27 countries. World headquarters are in Washington, D.C. Operational...
, GE Capital
GE Capital
GE Capital is the financial services unit of General Electric, one of five major units. Its various divisions include GE Capital Aviation Services, GE Capital Real Estate, GE Energy Financial Services and GE Money....
, McDonald's
McDonald's
McDonald's Corporation is the world's largest chain of hamburger fast food restaurants, serving around 64 million customers daily in 119 countries. Headquartered in the United States, the company began in 1940 as a barbecue restaurant operated by the eponymous Richard and Maurice McDonald; in 1948...
, Northwest Airlines
Northwest Airlines
Northwest Airlines, Inc. was a major United States airline founded in 1926 and absorbed into Delta Air Lines by a merger approved on October 29, 2008, making Delta the largest airline in the world...
, Adobe Systems
Adobe Systems
Adobe Systems Incorporated is an American computer software company founded in 1982 and headquartered in San Jose, California, United States...
, Informix
Informix
IBM Informix is a family of relational database management system developed by IBM. It is positioned as IBM's flagship data server for online transaction processing as well as integrated solutions...
, Merrill Lynch
Merrill Lynch
Merrill Lynch is the wealth management division of Bank of America. With over 15,000 financial advisors and $2.2 trillion in client assets it is the world's largest brokerage. Formerly known as Merrill Lynch & Co., Inc., prior to 2009 the firm was publicly owned and traded on the New York...
, Motorola
Motorola
Motorola, Inc. was an American multinational telecommunications company based in Schaumburg, Illinois, which was eventually divided into two independent public companies, Motorola Mobility and Motorola Solutions on January 4, 2011, after losing $4.3 billion from 2007 to 2009...
, Raytheon
Raytheon
Raytheon Company is a major American defense contractor and industrial corporation with core manufacturing concentrations in weapons and military and commercial electronics. It was previously involved in corporate and special-mission aircraft until early 2007...
, Silicon Graphics
Silicon Graphics
Silicon Graphics, Inc. was a manufacturer of high-performance computing solutions, including computer hardware and software, founded in 1981 by Jim Clark...
, Texas Instruments
Texas Instruments
Texas Instruments Inc. , widely known as TI, is an American company based in Dallas, Texas, United States, which develops and commercializes semiconductor and computer technology...
, US WEST
US West
U S WEST, Inc. was one of seven Regional Bell Operating Companies , created in 1983 under the Modification of Final Judgement , a case related to the antitrust breakup of AT&T...
and Walgreens
Walgreens
Walgreen Co. , doing business as Walgreens , is the largest drugstore chain in the United States of America. As of August 31st, the company operates 8,210 locations across all 50 states, the District of Columbia and Puerto Rico. Founded in Chicago, Illinois in 1901, and has since expanded...
.
The company was acquired in March 2004 by Convergys
Convergys
Convergys Corporation is a corporation based in Cincinnati, Ohio that provides solutions in customer management and information management. Customer management solutions include agent assisted, self-service and proactive care solutions tailored to the communications, financial services,...
for $120 million, or approximately $2.40 per share.