Personnel Today
  • Home
    • All PT content
  • Email sign-up
  • Topics
    • HR Practice
    • Employee relations
    • Learning & training
    • Pay & benefits
    • Wellbeing
    • Recruitment & retention
    • HR strategy
    • HR Tech
    • The HR profession
    • Global
    • All HR topics
  • Legal
    • Case law
    • Commentary
    • Flexible working
    • Legal timetable
    • Maternity & paternity
    • Shared parental leave
    • Redundancy
    • TUPE
    • Disciplinary and grievances
    • Employer’s guides
  • AWARDS
    • Personnel Today Awards
    • The RAD Awards
  • Jobs
    • Find a job
    • Jobs by email
    • Careers advice
    • Post a job
  • Brightmine
    • Learn more
    • Products
    • Free trial
    • Request a quote
  • Webinars
  • Advertise
  • OHW+

Personnel Today

Register
Log in
Personnel Today
  • Home
    • All PT content
  • Email sign-up
  • Topics
    • HR Practice
    • Employee relations
    • Learning & training
    • Pay & benefits
    • Wellbeing
    • Recruitment & retention
    • HR strategy
    • HR Tech
    • The HR profession
    • Global
    • All HR topics
  • Legal
    • Case law
    • Commentary
    • Flexible working
    • Legal timetable
    • Maternity & paternity
    • Shared parental leave
    • Redundancy
    • TUPE
    • Disciplinary and grievances
    • Employer’s guides
  • AWARDS
    • Personnel Today Awards
    • The RAD Awards
  • Jobs
    • Find a job
    • Jobs by email
    • Careers advice
    • Post a job
  • Brightmine
    • Learn more
    • Products
    • Free trial
    • Request a quote
  • Webinars
  • Advertise
  • OHW+

e-learningLearning & development

Cobent uses strong results to rebut rumours

by Personnel Today 15 Jan 2008
by Personnel Today 15 Jan 2008

Cobent – the ‘compliance’ software vendor, specialising in the manufacturing and life sciences sectors – has categorically denied persistent rumours that the company will ‘float’ on the stock market following the publication of its results for 2007, in January.

In 2007, Cobent – a solutions provider for e-learning, training and compliance – led process management across the entire range of international blue-chip companies, fast-growth start-ups, and public sector organisations on both sides of the Atlantic – saw its revenue increase by 50 per cent over the 2006 total. In addition, recurring revenues rose substantially and profit margins increased significantly on an annual turnover in excess of £1m.
 
Howard Sears, CEO of Cobent Group, commented: “It’s true that Cobent’s results show a significant increase in performance and profits – certainly more than 50 per cent up on the previous year’s figures.

“This has occurred mainly because of increased interest by clients in delivering business services such as learning in a regulated and audited environment. This, in turn, has been fuelled by the growing maturity of web-based technology and the desire to deliver against business-critical learning needs in a way that can be shown to improve employees’ efficiency, profitability and bottom line performance while supporting corporate governance and compliance requirements.”

During the past 12 months, Cobent’s products have been in use in life sciences organisations including Centric Health Resources, a leading US specialty pharmacy provider to individuals with rare, long-term disorders – as well as Europe’s leading specialist electrical retailing group, Dixons Group International (DSGi), and Renaissance Capital, the leading independent investment banking firm operating in Russia and the Commonwealth of Independent States (CIS).

Sign up to our weekly round-up of HR news and guidance

Receive the Personnel Today Direct e-newsletter every Wednesday

OptOut
This field is for validation purposes and should be left unchanged.

Tony Dillon, Cobent’s CTO, explained: “Cobent’s growth has come because we are at the forefront of software design and development. Our understanding of compliant industries enables us to build any compliance-related application with a minimum of fuss and maximum flexibility. This not only offers our customers sizeable cost advantages but also provides our customers with a solid platform to grow their learning and compliance strategy.”

“Increasingly, Cobent is becoming a global player in the compliance software market,” Sears added. “However, while it is undeniable that Cobent’s performance is proving attractive to those wanting to improve their position in this market, the company has absolutely no plans whatsoever at this time to become a public company and ‘float’ on the stock exchange.”

Personnel Today

Personnel Today articles are written by an expert team of award-winning journalists who have been covering HR and L&D for many years. Some of our content is attributed to "Personnel Today" for a number of reasons, including: when numerous authors are associated with writing or editing a piece; or when the author is unknown (particularly for older articles).

previous post
National Learning at Work Day will focus on sustainability
next post
Former ‘Tombliboo’ in court after taking a tumble

You may also like

Investing in skills when budgets are tight

12 May 2025

Leading with honest feedback: A responsibility in recruitment

24 Apr 2025

High-level apprenticeship spend doubles in five years

16 Apr 2025

Number of SMEs hiring staff in decline

10 Apr 2025

Gen Z and ‘conscious unbossing’: how can HR...

7 Apr 2025

How to build a commercially-minded workforce

3 Apr 2025

Why the apprenticeship shakeup is good news for...

20 Mar 2025

Scrapping NHS England could affect critical training, warn...

14 Mar 2025

Employee engagement: Growing disconnect between effort and recognition,...

13 Mar 2025

Schneider Electric doubles ex-military green skills scheme

13 Mar 2025

  • Preparing for a new era of workforce planning (webinar) WEBINAR | Employers now face...Read more
  • 2025 Employee Communications Report PROMOTED | HR and leadership...Read more
  • Prioritising performance management: Strategies for success (webinar) WEBINAR | In today’s fast-paced...Read more
  • Retaining Female Talent: Four Ways to Reduce Workplace Drop Out PROMOTED | International Women’s Day...Read more

Personnel Today Jobs
 

Search Jobs

PERSONNEL TODAY

About us
Contact us
Browse all HR topics
Email newsletters
Content feeds
Cookies policy
Privacy policy
Terms and conditions

JOBS

Personnel Today Jobs
Post a job
Why advertise with us?

EVENTS & PRODUCTS

The Personnel Today Awards
The RAD Awards
Employee Benefits
Forum for Expatriate Management
OHW+
Whatmedia

ADVERTISING & PR

Advertising opportunities
Features list 2025

  • Facebook
  • Twitter
  • Instagram
  • Linkedin


© 2011 - 2025 DVV Media International Ltd

Personnel Today
  • Home
    • All PT content
  • Email sign-up
  • Topics
    • HR Practice
    • Employee relations
    • Learning & training
    • Pay & benefits
    • Wellbeing
    • Recruitment & retention
    • HR strategy
    • HR Tech
    • The HR profession
    • Global
    • All HR topics
  • Legal
    • Case law
    • Commentary
    • Flexible working
    • Legal timetable
    • Maternity & paternity
    • Shared parental leave
    • Redundancy
    • TUPE
    • Disciplinary and grievances
    • Employer’s guides
  • AWARDS
    • Personnel Today Awards
    • The RAD Awards
  • Jobs
    • Find a job
    • Jobs by email
    • Careers advice
    • Post a job
  • Brightmine
    • Learn more
    • Products
    • Free trial
    • Request a quote
  • Webinars
  • Advertise
  • OHW+