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Toyota Selects Vuepoint to Streamline Learning Across the Enterprise, Deliver More Knowledge Faster, Boost Productivity & Save Millions

Comprehensive solution with both LMS and LCMS will consolidate numerous systems and enable the delivery of more product knowledge faster

LONG ISLAND, N.Y., April 10, 2002 - Vuepoint, an eLearning software and services company that matches speed to knowledge with speed to market, announces today that Toyota Motor Sales, U.S.A., Inc., has selected it to design and implement a comprehensive, enterprise-wide eLearning system that Toyota projects will pay for itself within 24 months and realize an estimated net savings of $11.9 million over a five-year period due to efficiencies in e-course development and productivity. Vuepoint Learning System (VLS) 3.0 is expected to deliver more learning within current spending levels and provide the ability to disseminate knowledge faster to more than 80,000 Toyota and Lexus dealer and corporate associates.

The single-platform VLS will provide the base training infrastructure for University of Toyota and allow it to consolidate numerous disparate systems into a streamlined, efficient whole. Toyota's main requirement was a sophisticated learning content management system (LCMS), but it also needed a learning management system (LMS) and collaboration capabilities. Sapient (NASDAQ: SAPE), a leading business and technology consultancy, is partnering with Vuepoint on the implementation, providing integration services as well as change-management strategy.

VLS gives Toyota the ability to design courses based on proprietary knowledge, reduce the time and cost of content creation, deliver up-to-date, personalized learning to employees, and track and assess learners' progress. For instance, Toyota will use VLS to educate dealers and associates about new products and how to use Dealer Daily, a Web-based dealer information and management system for Toyota and Lexus dealers nationwide.

"In these budget-cutting times, Vuepoint solved our challenge to do more with less. VLS not only helps us cut costs, but more importantly, helps us deliver more learning more effectively than we ever have," said Rick Taniguchi, Associate Dean of eLearning at the University of Toyota, founded in 1998 as part of the company's "Business Revolution" campaign to streamline overall corporate operations. "VLS is so complete, it's the only eLearning system we need. It meets our functional requirements, and eliminates the cost and headache of integrating offerings from other eLearning vendors. And the supportive service team is another main reason we chose Vuepoint over 30 other vendors."

"With its expertise in content creation as well as content management, particularly crucial in a large-scale implementation, Vuepoint enables Toyota to disseminate proprietary knowledge easily and rapidly," said eLearning expert Brandon Hall, Ph.D., CEO of brandon-hall.com and a consultant to Toyota's selection process. "At the same time, VLS provides a highly efficient method of tracking and assessing learners' progress."

 


 
 

Due to the scope of the eLearning project and the number of candidates competing, the selection process was particularly intense. After being selected as Toyota's finalist, Vuepoint assisted Toyota in completing a feasibility study with 17 detailed components encompassing everything from integration to ROI. The resulting 200-page business case, completed by Vuepoint, is a model that the University of Toyota can use for other similar technology projects.

"We conducted an extremely rigorous review of multiple eLearning companies and selected Vuepoint because we felt they really understood how to use eLearning to increase productivity," said Bryan Bergsteinsson, Group Vice President of the University of Toyota. "From a functional perspective, we were impressed with how easy it is for non-technical people to develop online courses using Vuepoint's system."

With VLS, Toyota expects to accelerate its training schedule in the U.S. and may eventually extend the system to its global population.

"We're constantly striving to create new ways companies can capitalize on their knowledge and expertise by using eLearning to increase productivity and their competitive edge," said Ara Ohanian, President and CEO of Vuepoint. "So it's extremely gratifying to see that Toyota has recognized that expertise and selected us to improve the bottom line."

About Toyota Motor Corporation

Toyota Motor Corporation and its subsidiaries produced more than 5.8 million vehicles worldwide in calendar year 2000. Toyota vehicles are manufactured in 25 countries/locations and are renowned for their quality, reliability and value. Toyota is the third largest vehicle manufacturer in the world and the fourth largest maker of vehicles in North America, producing more than one million cars and trucks in five North American plants in 2000.
Toyota web site



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