Amesite (NASDAQ: AMST), a leading artificial intelligence software company offering a cloud-based learning platform for business and education markets, is reporting record retention numbers for users enrolled in its programs, or the number of participants that remain in a course; the company is also reporting on growing success in sales. According to the report, the company is seeing a 98% overall retention rate for paid learning experiences on its platform, a percentage that “overwhelmingly exceed[s] industry norms.” The announcement noted that average numbers for the space fall in the 68% to 73% range. Amesite is reporting a 96% retention for technology upskilling programs, such as data science or electric vehicle technologies; a 98% retention for professional-development programs, such as implicit bias or building successful customer relationships; a 97% retention for cohort-based programs, such as logistics or coding for gaming; and a 98% retention for self-paced programs, such as implicit bias or smart manufacturing.

The report also noted an increase in sales activity, following Amesite’s recent announcement of no set-up fees and no minimums. The company is reporting a 169% increase in meetings held and a 118% increase in sales opportunities. “We invested deeply in the tech, and we believe we are seeing the rewards of this now, in terms of user outcomes and reduced costs of delivery for us and for our customers,” said Amesite CEO Dr. Ann Marie Sastry in the press release. “Our AI-powered programs and infrastructure enable institutions to deliver learning with lower costs and price points, and we are working now to drive scale.”

To view the full press release, visit https://ibn.fm/GfVbF

About Amesite Inc.

Amesite is an edtech, SaaS company with the most advanced artificial intelligence (“AI”)-driven online learning platform in the industry, providing both content creation and a best-in-class infrastructure for the multibillion-dollar online learning markets in business and education. For more information about the company, please visit www.Amesite.io.

NOTE TO INVESTORS: The latest news and updates relating to AMST are available in the company’s newsroom at https://ibn.fm/AMST

About InvestorWire

InvestorWire (“IW”) is a specialized communications platform with a focus on advanced wire-grade press release syndication for private and public companies and the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, IW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, IW brings its clients unparalleled recognition and brand awareness. IW is where breaking news, insightful content and actionable information converge.

For more information, please visit https://www.InvestorWire.com

Please see full terms of use and disclaimers on the InvestorWire website applicable to all content provided by IW, wherever published or re-published: https://www.InvestorWire.com/Disclaimer

InvestorWire
Los Angeles, CA
www.InvestorWire.com
310.299.1717 Office
Editor@InvestorWire.com

InvestorWire is powered by IBN