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Auckland Startup Launches Revolutionary eLearning Platform

Auckland Startup Launches Revolutionary eLearning Platform


FOR IMMEDIATE RELEASE: 15 November 2016


eLearning platform Modlettes has officially launched today, with the goal of making peer-to-peer online learning easy for businesses and help them save tens of thousands of dollars in staff training costs.

The platform lets users create bite-sized training modules - or “Modlettes” - which can consist of video, audio, graphics, text and quizzes.

It’s a unique eLearning platform in that any member of a user organisation can be given permission to create and upload Modlettes to their organisation’s channel, all with just a few touches on their smartphone.

“We’ve decentralised training from being something that is traditionally passed on from one or few people to many, and have now made it easy for everyone to share their knowledge with everyone else,” explains Modlettes Managing Director Colin Dawson.

“That means the best qualified people within an organisation - as opposed to only the most senior - can create Modlettes to teach their colleagues about their field of expertise.

“This new model of training can translate to tens, if not hundreds, of thousands of dollars of savings for the businesses who use Modlettes. Staff training and knowledge sharing has until now been a costly and logistically difficult exercise, but not any more.”

The eLearning industry is estimated to be worth more than $70b dollars globally and is growing by almost 8% every year, according to a 2014 report. Asia is the world’s fastest growing region at 17% per annum.

The reason behind its rocketing growth is that teaching electronically has been shown to be far more effective than classroom learning for organisations, with up to 60% less employee learning time required, and up to 6 times higher information retention rates.

According to an IBM survey, 71% of CEOs identified human capital as the leading source of sustained economic value.

“All of this shows that investing in staff knowledge is more important than ever because it pays dividends,” says Modlettes Sales Director Robyn Viljoen.

“Big companies typically spend upwards of $60,000 on eLearning software. SMEs don’t have that kind of money, and they don’t need to with Modlettes because our plans start at less than three dollars per user, and our peer-to-peer system is far easier to use than the clunkier Learning Management Systems out there.”

NZ Laser Training Managing Director Ruth Nicholson was quoted $20,000 to build an eLearning platform similar to Modlettes. She now pays just $900 per year to use the system and says it’s saved her thousands of dollars and hours.

“Modlettes has helped reduce the stress of business administration by sending clients to the portal to read and process pre-reading materials prior to attending our face to face courses. They then sit written tests online instead of on paper, and these are marked automatically by the system.

“The system has also allowed us to expand our business and offer our classes to people who can’t make the face-to-face classes, which has been great for business.”

Modlettes was founded by Auckland-based Dawson and Viljoen - who both have backgrounds in Human Resources and Learning and Development - as well as Josh Wong, who is the technical guru behind the platform.

It has been four years in the making and has launched to the general market today after extensive testing and refining with trial clients.

ENDS


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