DigitalThink
{{Short description|Enterprise solutions company (SaaS) model}}{{more citations needed|date=January 2012}}
{{Infobox company |
name = DigitalThink, Inc. (acquired by Convergys) |
foundation = 1996 |
location = San Francisco, California |
industry = Software & Programming|
products = eLearning Software|
}}
DigitalThink was an electronic learning (eLearning) company. Founded in 1996 by Umberto Milletti, Pete Goettner and Steve Zahm Lelic, Simon. Knowledge Management Magazine, (Volume 4, Issue 6) [http://www.e-learningzone.co.uk/feature7.htm "The future is 'e'"] At one time it was termed a Business Solution Provider (BSP) but would likely be viewed in modern terms as a software-as-a-service (SaaS) model.{{citation needed|date=December 2011}}
DigitalThink was one of the first eLearning companies to incorporate online mentors and tutors into their offering.{{Cite web |title=Welcome internettime.com - BlueHost.com |url=http://internettime.com/itimegroup/MOE4.PDF |access-date=2024-07-03 |website=internettime.com}} A notable accomplishment of the company was to secure a deal with McDonald's corporation to provide McDonald's with a global, web-based training program.{{cite web | url=http://nl.newsbank.com/nl-search/we/Archives?p_product=CSTB&p_theme=cstb&p_action=search&p_maxdocs=200&p_topdoc=1&p_text_direct-0=0EE3F20596036D61&p_field_direct-0=document_id&p_perpage=10&p_sort=YMD_date:D&s_trackval=GooglePM | title=McDonald's hires Web trainer | publisher=Chicago Sun-Times | date=July 17, 2001 | accessdate=December 29, 2011}}
Acquisition by Convergys Corporation
The company was acquired in March 2004 by Convergys Corporation for $120 million, or approximately $2.40 per share.{{Cite web |date=25 March 2004 |title=Cincinnati company will buy DigitalThink for $120M |url=http://www.bizjournals.com/sanfrancisco/stories/2004/03/22/daily34.html |website=bizjournals.com}}