NIIT Signs Managed Learning Services Partnership with Signify

Mumbai: NIIT Limited, a global skills and talent development company and leading provider of managed training services, announced today that it has entered into a managed learning services agreement with Signify (formally Philips Lighting) – for the delivery of strategic sourcing and vendor management services. The service will be phased roll-out starting with the Benelux region.

Signify (Euronext: LIGHT) is the world leader in lighting with recognized expertise in the development, manufacture and sale of innovative, energy-efficient lighting products, systems, and services. The company’s purpose is to unlock the extraordinary potential of light for Brighter Lives and a Better World. Signify employs 32,000 people in 70 countries across all major regions of the world with lighting products, systems and services sold in 180 countries.

Under this agreement, NIIT will be responsible for managed learning services which includes strategic sourcing of learning suppliers, contracting, quality control, performance management, and payment of vendors.

“We are thrilled to get started with our partnership with NIIT on sourcing learning opportunities; we believe this will further enhance the quality and optimization of our learning initiatives” said Shubha Shridharan, Head of Learning at Signify.

“We are excited to secure the contract with Signify as their Strategic Learning delivery partner and we look forward to the phased roll-out, starting with the Benelux region,” said Sailesh Lalla, Executive Vice President, Business Development at NIIT’s Corporate Learning Group.