2008 Q3 Basic Overview

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Overview of RedVector\'s suite of e-Learning Services for the Architecture, Engineering & Construction Industry

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2008 Q3 Basic Overview

  1. 1. RedVector.com Enterprise Services Workforce Development Solutions For the A/E/C Industry
  2. 2. Company Overview <ul><li>RedVector: Education for Construction, Engineering and Architecture </li></ul><ul><ul><li>100+ diverse team members </li></ul></ul><ul><ul><li>Financially Stable and Profitable </li></ul></ul><ul><ul><li>Focus on Construction, Engineering </li></ul></ul><ul><ul><ul><li>and Design Education </li></ul></ul></ul><ul><ul><li>Quality + Flexibility + Competitive </li></ul></ul><ul><ul><ul><li>Pricing = Happy Clients </li></ul></ul></ul>
  3. 3. Company Overview <ul><li>Since 1999, clients have relied on RedVector for: </li></ul><ul><ul><li>E-learning Content Development </li></ul></ul><ul><ul><ul><li>(Instructional Design, Technical Writing, Hosting / Database Management, Reporting / Statistics) </li></ul></ul></ul><ul><ul><li>Enterprise Training Management </li></ul></ul><ul><ul><ul><li>(Corporate Library of 1000+ Courses, 80+ Clients, Reporting / Analysis) </li></ul></ul></ul><ul><ul><li>Training Program Management </li></ul></ul><ul><ul><ul><li>(CTQP, License Management, Corporate University Infrastructure) </li></ul></ul></ul>
  4. 4. Company Overview <ul><li>A major advantage of computer based training is the ability to provide reports, statistics and controls on student and instructor activities: </li></ul><ul><ul><li>Enrollment and Completions </li></ul></ul><ul><ul><li>Exam Scoring Analysis </li></ul></ul><ul><ul><ul><li>(Student, Class, Question integrity) </li></ul></ul></ul><ul><ul><li>Proctored Exams </li></ul></ul><ul><ul><ul><li>(Role Based Security, Timers, Separate </li></ul></ul></ul><ul><ul><ul><li>Student / Proctor / Instructor Interfaces) </li></ul></ul></ul>
  5. 5. Company Overview <ul><li>RedVector Online Campuses have been adapted to handle diverse requirements for student, instructor and proctor data mining: </li></ul><ul><ul><li>International Brotherhood of </li></ul></ul><ul><ul><ul><li>Electrical Workers Craft </li></ul></ul></ul><ul><ul><ul><li>Assessment Site </li></ul></ul></ul><ul><ul><li>FDOT Project Management </li></ul></ul><ul><ul><li>Exam Questions </li></ul></ul><ul><ul><li>State Board Reporting </li></ul></ul>
  6. 6. Corporate Subscriptions
  7. 7. RedVector CEU/PDH Library <ul><li>1000+ Safety, Compliance, Technical, Supervisory & Leadership Courses for ALL Experience Levels </li></ul><ul><li>Interactive, Asynchronous Content </li></ul><ul><li>PDF Reference Downloads </li></ul><ul><li>Meets e-learning Industry Protocols: SCORM, AICC, HTML, etc. </li></ul><ul><li>Content Developed for the Engineering, Design and Construction Industry </li></ul><ul><li>Courses Designed to Meet US State Licensing Board and Professional Organization Requirements </li></ul><ul><li>Instructional Designers & e-learning Developers on Staff </li></ul><ul><li>Authored by 100+ Subject Matter Experts & Publishing Partners </li></ul>
  8. 8. RedVector Library R&D and Maintenance <ul><li>14% 2007 Revenues invested in R&D </li></ul><ul><li>10+ new courses created monthly </li></ul><ul><li>Content Reviewed/Updated Annually </li></ul><ul><li>Subject Matter Expert Network 100+ </li></ul><ul><li>Publishing Resources </li></ul><ul><li>Rapid Content Creation Services </li></ul><ul><li>Instructional Designers on Staff to Guide SMEs </li></ul><ul><li>Entire Library Migrating to Interactive/SCORM Compliant Format </li></ul>
  9. 9. State and Organizational Compliance <ul><li>Requirements maintained with over 192 state boards and organizations </li></ul><ul><ul><li>Requirements Database maintained on RedVector Learning Portal </li></ul></ul><ul><ul><li>Courses Cross Referenced/Categorized by Requirement (examples) </li></ul></ul><ul><ul><ul><li>NY State & Florida Engineering Boards </li></ul></ul></ul><ul><ul><ul><li>FCLIB </li></ul></ul></ul><ul><ul><ul><li>AIA </li></ul></ul></ul><ul><li>Automated CEU/PDH Completion Reporting for 20 state boards and organizations (manual for others). </li></ul><ul><li>Course Delivery Customized for Specific Requirements (examples) </li></ul><ul><ul><li>Florida General Contractors (Minimum Time Standards) </li></ul></ul><ul><ul><li>Texas Electrical Contractors (Dynamic Identity Verification) </li></ul></ul><ul><li>Course Content for Specific Requirements </li></ul><ul><ul><li>Ethics </li></ul></ul><ul><ul><li>Health, Safety, Welfare </li></ul></ul><ul><ul><li>Building Code, etc. </li></ul></ul>
  10. 10. FDOT Computer Based Training Example
  11. 11. Strategic Partners
  12. 12. Enterprise Clients <ul><li>PBS&J University </li></ul><ul><li>Florida DOT </li></ul><ul><li>Hanson Brick </li></ul><ul><li>Black & Veatch </li></ul><ul><li>Zachry Construction </li></ul><ul><li>McGraw-Hill Professional </li></ul><ul><li>Wilbur Smith Associates </li></ul><ul><li>CDI </li></ul><ul><li>Washington Group International </li></ul><ul><li>URS Corporation </li></ul><ul><li>Florida DOT </li></ul><ul><li>Heery International </li></ul><ul><li>Arcadis </li></ul><ul><li>Progress Energy </li></ul><ul><li>STV </li></ul><ul><li>Michigan DOT </li></ul><ul><li>Shaw Environmental </li></ul><ul><li>WD Partners </li></ul><ul><li>IESNA </li></ul><ul><li>AECOM Technology Group </li></ul><ul><li>STS Consultants </li></ul><ul><li>Jacobs Engineering </li></ul><ul><li>Erdman Anthony </li></ul><ul><li>Parsons </li></ul><ul><li>EarthTech </li></ul><ul><li>Sargent & Lundy </li></ul><ul><li>University of Tennessee </li></ul><ul><li>John Wiley & Sons </li></ul><ul><li>Gensler </li></ul><ul><li>Dewberry </li></ul><ul><li>HOK </li></ul>
  13. 13. Client Support <ul><li>Dedicated Client Support Staff </li></ul><ul><li>Technical Support </li></ul><ul><li>Course & Site Navigation Help </li></ul><ul><li>Single Point of Contact Options </li></ul><ul><li>Live Support 8 am- 5pm EST, M-F </li></ul><ul><li>24 x7 Online Support </li></ul><ul><li>Requirements/Reporting Resolution </li></ul><ul><li>Paperwork Processing </li></ul>
  14. 14. Technology
  15. 15. Website Infrastructure: 2008 <ul><li>100,000+ registered users </li></ul><ul><li>125,000+ courses taken </li></ul><ul><li>650,000+ Unique Visitors </li></ul><ul><li>Automatic Grading and Certificate Creation </li></ul><ul><li>E-Commerce enabled </li></ul><ul><li>Database of over 600,000 records </li></ul><ul><li>Secure Off Site Servers </li></ul><ul><li>4 Levels of Redundancy </li></ul><ul><li>High Availability </li></ul><ul><li>Scalable </li></ul><ul><li>Multi-Media Capable </li></ul>
  16. 16. Marketing Execution <ul><li>100,000+ Registered Users </li></ul><ul><li>Educational Advisory Team </li></ul><ul><li>Retail & Enterprise Sales Channels </li></ul><ul><li>Certificate Website </li></ul><ul><li>Branded Learning Portals </li></ul><ul><li>In-house Direct Mail </li></ul><ul><ul><li>1.5M Pieces Annually </li></ul></ul><ul><ul><li>3x/Licensed Professional </li></ul></ul><ul><ul><li>Targeted around CE deadlines </li></ul></ul><ul><li>State/Local Organization Referral Programs </li></ul><ul><li>Paid/Organic Search </li></ul><ul><ul><li>#1 Placement Goals w/Overture & Google </li></ul></ul><ul><ul><li>Daily Keyword Management </li></ul></ul><ul><li>Trade Show Activity </li></ul><ul><li>Affiliate and Partner Programs </li></ul>
  17. 17. Return on Investment
  18. 18. ROI: e-Learning v. Traditional Training 1 Development Day *Assumes e-learning conducted during non-billable time $1,280-$1,660 $240 $1,520-$1,900 Totals Hourly Savings: $160-$208/hour $60 $240 $300 Enrollment Costs $100-$200 $20-$50 $100-$350 $1,000 Traditional Training $0 $0 $0 $0* E-learning E-learning Savings Training Expense $100-$200 Lodging $20-$50 Meals $100-$350 Travel Costs $1,000 Productivity Loss ($125/hr billing Rate)
  19. 19. Direct Savings: e-learning SAVINGS for 1 e-learning unit (1 hour): $160-$208/student $160,000-$208,000 $80,000-$104,000 $40,000-$52,000 $16,000-$20,800 $8,000-$10,400 1 e-learning unit $2,560,000- $3,328,000 $1,280,000-$1,664,000 $640,000-$832,000 1000 Students $1,280,000-$1,664,000 $640,000-$832,000 $320,000-$416,000 500 Students $640,000-$832,000 $320,000-416,000 $160,000-$208,000 250 Students $256,000-$332,800 $128,000-$166,400 $64,000- 83,200 100 Students $128,000-$166,400 $64,000- 83,200 $32,000-$41,600 50 Students 16 e-learning units 8 e-learning units 4 e-learning units ANNUAL SAVINGS
  20. 20. Conclusion <ul><li>Why is RedVector the right choice for your firm? </li></ul><ul><ul><li>We have performed quality work for the industry on many difficult projects on budget and on time </li></ul></ul><ul><ul><li>We are experienced in all aspects of online course development for technical, compliance and soft skills training. </li></ul></ul><ul><ul><li>We have performed successfully as a training program administrator </li></ul></ul><ul><ul><li>We have no learning curve </li></ul></ul><ul><ul><li>We are a trusted partner with our clients </li></ul></ul><ul><li>For a top quality solution delivered on-time, on-budget, choose RedVector. </li></ul>
  21. 21. Contact Information Mike Vandall Vice President Enterprise Services RedVector.com, Inc. Two Urban Centre 4890 W. Kennedy Blvd., Suite 740 Tampa, Florida 33609 Telephone/Fax: (813) 864-2663 Customer Service (866) 546-1212 [email_address] www.RedVector.com

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