SelectHub | Top 20 Productivity Solution Company - 2016
SelectHub: Transforming Technology Investments into Measurable Business Value
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CIOREVIEW >> Productivity Tools >> SelectHub

SelectHub has been recognized by CIOReview Magazine as the recipient of “Top 20 Productivity Solution Companies - 2016,” based on our proprietary methodology, reflecting its position in the industry. This profile has been developed by the CIOReview research and editorial team based on insights from an interview with Venkat Devraj, CEO.

SelectHub
Transforming Technology Investments into Measurable Business Value

SelectHub

Venkat Devraj, CEO
IT vendor selection and sourcing has been a cause of concern for many businesses. The misalignment between IT and business end-users have resulted in procurement of technology assets that ultimately under-perform. Shadow IT is further causing technology to be directly adopted by end-users at an alarming rate, while distancing the IT department from its traditional role of centralized enablement and governance. With hundreds of new vendors emerging annually in every major software market, the need for IT oversight in selecting the right vendor cannot be overstated. Yet, given the speed at which business users want to make decisions (often armed with partial data and superficial recommendations), most mid-market and larger enterprises end up with copious amounts of seemingly redundant and unvetted technology solutions. These solutions span across disparate users and departments and the IT department ends up as a reactive witness to flippant decisions and their aftermath of security gaps, architectural incompatibility issues, and overall compliance woes.

Having witnessed these scenarios first hand, Venkat Devraj, co-founder of SelectHub, came up with an elegant solution for IT to work hand-in-glove with business stakeholders throughout the technology vendor selection process. Today, SelectHub is viewed as a pioneer in the $4.6 billion technology selection management market by enabling CIOs to offer “technology selection as a service” across their organization via their prescriptive software platform layered with context-driven market intelligence to make technology, especially software selection, a collaborative and agile process with measurable results.

With SelectHub, vendor assessment can be done by business end-users in self-service mode, without waiting on resources from the IT and Procurement departments, yet these latter groups have complete visibility and can step in as and when necessary. End users can define requirements and short-list vendors by creating new projects and collaborating with other stakeholders. IT’s requirements related to security and compliance can be templatized and added in automatically. “With role-based access, relevant stakeholders can view product demos, obtain pricing, issue an RFI or RFP, initiate a software trial or proof-of-concept based on specific use-cases and success criteria to identify the finalist vendors via a comprehensive score card,” points Devraj.

SelectHub is modular with product integrations available for popular e-procurement tools such as Ariba and Coupa


Procurement staff can oversee the RFI, RFP, or proof-of-concept while negotiating contract terms with the vendor finalist. The SelectHub platform consolidates efforts across departments and operates at scale while making IT and Procurement more responsive.

Additionally, by providing content and context, various departments in an enterprise gain insights into the requirements voiced by their peers. “The end result is that vendor selections are made in days and weeks rather than months, with a full audit-trail of the entire process,” asserts Devraj.

SelectHub further helps clients by offering guided selection services, both in-house and via third-party subject matter experts, on a per-project or per- RFP basis. These services focus on vendor/product shortlisting based on requirements gathered from various stakeholders. These services include a Requirements Compilation Package, Express Scorecard Package and a Guided RFP Package helping clients jumpstart their technology selection process.

“SelectHub is modular with product integrations available for popular e-procurement tools such as Ariba and Coupa,” says Devraj. With such integration, customers gain pre-packaged requirements templates for IT-related RFPs, relevant vendor shortlisting capabilities, end-user software trials, proof-of-concept and pre-RFP vendor scorecards within SelectHub, while being able to perform the subsequent RFP and contract management functions in their existing tools.

SelectHub is industry-agnostic with both large and small customers including Hunter Douglas, Hanover Insurance, State of Colorado and QEP Resources.

SelectHub

News

SelectHub Announces 2023 Awards for Best-in-Class LMS Software Based on Analyst Evaluations and User Reviews

Friday, September 15, 2023

SelectHub announced the top vendors in the category of LMS software based on its 400-point analysis and proprietary research.

AUSTIN, TEXAS, UNITED STATES, --
SelectHub , a software research and selection firm, announced its “Best Of” Awards for 2023 in the LMS software category. The awards aim to recognize top industry leaders across multiple software technologies. They are awarded based on meticulous analysis and research conducted by SelectHub’s software experts, and presented to vendors that exhibit high competence in their respective industries.

Marcus Flemming, VP of Marketing at SelectHub, said, “SelectHub’s ‘Best Of’ awards aim to recognize the top LMS software after an in-depth and transparent evaluation of leading vendors in the market. We use our proprietary 400+ point analysis to offer our end users a range of software solutions that offer advanced course management and assessment capabilities, best-in-class customer experience, integrations with external platforms and many more tools to drive innovation and growth.”

Candidates for LMS awards were evaluated using a user-focused and rigorous approach. All winners were selected after considering user sentiment and reviews data from SelectHub’s technology selection management platform and in-depth research from the company’s team of research analysts.

“The LMS market is booming with over five hundred solutions that offer a range of feature sets, adaptive user interfaces and customization tools for pocket-friendly prices. We used our software evaluation tools and expert analysis to closely examine each solution and find the best products for different categories,” Marcus noted.

SelectHub evaluated 797 vendors in 12 categories. Awards were categorized under Analysts' Picks and User Favorites, along with important LMS features such as Assessments, Collaboration, Compliance, Content and Course Management, eCommerce, Learning Delivery, Mobile Capabilities, Platform Capabilities, User Management and Gamification, and Integrations and Extensibility.

“We have identified the true champions in the online learning landscape by meticulously evaluating industry KPIs defined by dedicated users within our cutting-edge technology selection management platform. As the LMS industry evolves, we recognize the influential role of emerging eLearning trends such as personalized learning, adaptive assessments, microlearning, content curation, learning analytics, and AI-augmented components in shaping the design and implementation of training programs for organizations worldwide,” said Sandesh Sindiri, Head of Software Solutions and Technology Research at SelectHub.

LearnUpon, Docebo, Brainier, SkyPrep and Absorb LMS bagged the top 5 positions for Analysts’ Picks, followed by TalentLMS, Moodle, Litmos, Cornerstone and Canvas. LearnUpon also stood out as a User Favorite along with Docebo, Brainier, SkyPrep, Absorb LMS, Talent LMS, Moodle, Litmos, Cornerstone LMS, Udemy and Lessonly.

LearnUpon scored highest under Analysts’ Picks. It secured wins across 8 other categories including Assessments, Compliance, Content and Course Management, Learning Delivery, Mobile Capabilities, Platform Capabilities, User Management and Gamification, and Integrations and Extensibility — the highest number of awards among all winners.

Docebo, the second-most-popular product, won awards for multiple categories like Analysts’ Picks, Collaboration, Compliance, eCommerce, Learning Delivery, Mobile Capabilities, Platform Capabilities, User Management and Gamification, and Integrations and Extensibility — taking its award total to 9.

Blackboard Learn, WorkRamp, Moodle, Skyprep, Cornerstone, Lessonly, Schoology and Adobe Captivate emerged as winners across several categories.

“Our mission has always been to empower organizations with exceptional options that complement their employee skill and career development goals, and we are proud to present the very best solutions to elevate their learning initiatives to new heights,” Sandesh concluded.

SelectHub takes a prescriptive approach to software selection where the ultimate solution is the result of judicious requirements elicitation matched against the vetted capabilities of shortlisted vendor products. This process is supported by analyst research, user reviews and software use case demonstrations. All of these components are consolidated in the SelectHub platform, offering organizations a best-practice approach to reduce risk and find the right software for their needs.

Top 20 Productivity Solution Companies - 2016

Company
SelectHub

Headquarters
Denver, CO

Management
Venkat Devraj, CEO

Description
A technology selection management platform helping companies turn every technology investment into measurable and lasting business value

Top 20 Productivity Solution Companies - 2016

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