How could Codecool continue a steep growth in 2021? What’s in the plans for 2022? Jozsef Boda, CEO of Codecool shares the details.
When you think about just for a moment how we expected 2021 to look like in 2020 … Well, things haven’t turned out quite as we expected then, have they?
Back then, we thought that by the end of 2021 the pandemic will be long over. After the first and then several more shocks, after the first and the second wave, with the help of the vaccines our lives can get back to some kind of a new “normal”, but at least a more stable state. Well, it didn’t quite happen like that.
Due to waves 3 and then 4 in 2021 we were “in and out” of our school in Hungary, changing from on-campus to online education several times. In Romania, it was online with minimal breaks. While in Austria, just after opening our school and our very first group of Codecoolers starting in November, we had to switch to online classes in line with restrictions.
But there was one big difference compared to 2020: however unexpected these sudden changes were, we were already prepared for them. We have successfully overcome unexpected challenges in 2020, too, but we weren’t even surprised in 2021. And we managed to turn them to our advantage even more efficiently – for example with further improving the online version of our flagship, full-stack programmer course, reaching much more aspiring students with it then with the offline version, available only for those living close to our schools. Who would have thought in 2019 or even 2020 that we’d get there? Not us for sure.
We have never thought we’d hire new colleagues fully online, not to mention senior managers, but we solved this, too, with no problem. Obviously, most of our graduates were hired by our partners in a fully online process, too. We grew up to the new challenges together.
In the meantime, we haven’t even noticed that we’ve entered the “new normal” we’ve been waiting for – probably because it looked a little different than what we expected. It was clear in 2020 already that things will never go back to how they were before, but we were not sure what they would end up like. By today, one thing stands out as the main characteristic of our new, post-breakout world: constant, significant change. What’s also apparent is that those who are agile enough to adapt and build on change will succeed. One simply can’t afford to wait for things to stabilise. That’s a waste of time, a losing strategy.
We’re so lucky and proud to have achieved so much in 2021, too. Let me mention just a few things:
- We’ve placed our 2000th Codecooler at one of our hiring partners. Our first students graduated 6 years ago. We’re so happy that 80% of them are still with their first employer, the one we found for them. It’s a true confirmation of our shared success.
- We’ve launched our very first scholarship programme, the CoderGirl Scholarship. Together with our corporate partners we want to invite and motivate many more women to start tech careers. The most talented and motivated girls and women from those applying to Codecool can now get a chance to study completely for free with us.
- We’ve opened our very first school in Western Europe, in Austria. Together with Hungary, Poland and Romania, now we’re present in 4 countries already. Another step closer to becoming a leading IT education institute in Central Europe in 1 or 2 years, and later in the wider region.
- We’ve launched new open courses. The one-week “Intro to IT” Course was first introduced in Vienna, while the six-month Cyber Security Specialist Course in Budapest. We’ve launched the fully online version of our Full-Stack Developer Course in all the Codecool countries, and helped more than 300 Hungarians to new, future-proof tech careers taking our short courses, fully financed by the local government.
- We’ve further developed our corporate re-skilling and up-skilling training services, and launched comprehensive, tailor-made digital academies at some of our corporate partners.
- Numbers taken out of context can only tell a part of the whole story. Still, the fact that we’ve managed to grow our revenue by 40% year-on-year in 2021, might mean something. It definitely means that we’re a stable partner for our students choosing us to help them switch to a new career, and also to our corporate partners, counting on us to boost the digital skillset of their organisation in the short and long term.
What we see is that digital transformation at companies is speeding up, now in departments and functions previously requiring only non-tech, business-side competencies. More and more capacities and skills are needed in IT, as well as in newly forming, business-side digital roles, and we can’t even come close to meeting the market demand, due to the limited number of our graduates. We’ve managed to place each and every Codecool graduate last year who chose to take our job guarantee, while developing and delivering more fully tailor-made corporate training programs than ever before.
We would like twice as many students to start studying with us in 2022 than in 2021. But we accept no compromise on quality, what’s more, we will further improve our courses and services, just like ourselves.
Our Full-Stack Development Course is more than a bootcamp, and better than a university. A one-year, comprehensive programming course with a job guarantee and post-payment options not only providing a wide and deep knowledge of software development, but also a real job at one of our corporate partners. We would like to make this offer to even more ambitious and committed career-changes in 2022, so we’re extending our job guarantee to the online version of our Full-Stack Development Course in every Codecool country.
We can only be efficient and authentic at the same in what we do, if we are efficient and authentic ourselves. If all our colleagues truly believe in the mission, values and methodology of Codecool, and if they can also represent them and share them with others. The way to achieve this was different 6 years ago, when we were a young, promising start-up venture, and it is different today, when we are a mature, internationally present, and still dynamically growing scale-up company.
To increase our flexibility and innovation power despite the sudden growth of our own organisation, too, we’ve started a comprehensive mid-management development programme. And to keep up with the demand for our corporate services, a dedicated professional team will be responsible for the development and delivery of our corporate training programs and internal academy solutions from 2022.
And now that I’ve mentioned our organisation and my colleagues – let me say thank you to them for their valuable work all year in 2021. Because the thing is that it wasn’t about getting lucky. Whatever we’ve achieved as Codecool is the result of their hard work. Each and every of my Codecool colleagues has contributed to our successes with their enthusiasm, perseverance and skills, and I’m personally really grateful that I have the chance to have been working on shared goals together with them every day.
As a final conclusion, I have to say that after 2020, 2021 was another year full of challenges. The successes we’ve achieved haven’t come easy. We’ve worked for them really hard together. I admit, I got quite tired by the end of the year. I needed the holidays to recharge my batteries.
But I’m starting the new year full of new energy and motivation, I hope you feel the same. I trust that we’ll have an as exciting and fruitful year in 2022, as we had in 2021.
I wish a happy and successful new year to all of us, and that we make even more dreams come true, by helping even more successful, future-proof, tech careers to start, together.