Udacity Achieves 50,000 Nanodegree Grads Amid Company Reorganization
Summary
Launched four years ago, the Nanodegree courses allow students worldwide to gain expertise in areas such as data analytics, machine learning, and autonomous flight engineering by completing coursework that can take as little as six months.In a blogpost touting student successes, Udacity co-founder Sebastian Thrun (pictured above in 2014) said Nanodegree graduates are reporting average salary increases of 33 percent in the United States and Canada when they score new jobs after updating their skills.Back in February, Udacity’s then-CEO Vishal Makhijani told Reuters the private company was starting to tee itself up for an eventual IPO by unveiling some details about its revenue for the first time.Meanwhile, Udacity has been forming partnerships with big tech and telecom companies to help design courses that address their hiring needs, such as a Nanodegree program in robotics in collaboration with leading chipmaker Nvidia.In 2017, Udacity saw rising demand and a doubling of deal sizes for its enterprise services, which help businesses build new skills among their existing workers, CFO Nikhil Abraham said in February.
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