table of contents
Educational technology or Edtech or Edutech is a buzzword that is heard nearly everywhere in the tech sector today. Edtech deals with facilitating learning and improving performance by creating, using and managing appropriate technological processes and resources. (Richey, R.C. (2008). “Reflections on the 2008 AECT Definitions of the Field”).
The fact that education is important is very well known across geographies. From the remotest of villages to bustling cities, education plays a major role in defining how the lives the inhabitants pan out.
Governments and non-governmental organizations alike have been helping people get the education they need no matter where they are. However, specialized education requires infrastructure.
This infrastructure may be lacking in many small towns, causing inhabitants of smaller cities to either have to move to cities with better educational facilities, or to make do with what is available.
With the advent of the internet, the education sector was able to penetrate hard-to-reach areas that were earlier considered out of their scope. The era of tablets, mobile phones and the availability of the internet at the remotest locations of the world has bolstered this effort and has given rise to an entirely new industry – Educational Technology.
Students in remote areas can now attend courses that were previously unavailable to them due to financial, geographical or other limitations.
Schools that earlier had to turn down students due to the lack of qualified teachers or manpower can now leverage the power of the internet and Edtech to provide relevant, quality education to the masses, empowering them like never before.
Read to know about the Business models Impacting Edtech Industry!
Financials
As the Edtech market is poised for growth and is gathering interest from investors and the government alike, this is the time to step into the education sector. According to NASSCOM, with a year-on-year increase in funding and a growth of over 108%, investment has more than doubled from USD $2 billion in 2017 to over USD $4.2 billion this year.
Late stage startups alone saw a 250% growth in 2018, with funding increasing from a mere $847 million to over $3 billion in 2018. This is the time for startups to invest in their ideas and join the Edtech bandwagon.
Key innovators
Several tech start-ups have started to add impetus to this movement by creating products that provide creative and innovative solutions to common problems faced by the education industry. As these companies started creating creative and innovative products, there emerged some with solutions that stood out.
One of these companies is the well-known Edtech start-up, Byju’s. What had started as a company that used technology to help CAT (a management school entrance exam in India) aspirants crack the tough management exam by understanding the core concepts behind the exam has transformed into one of India’s largest Edtech companies providing Education to those who need in a way they can understand it best.
With thousands of active, paying users and a free online app, Byju’s influence in the Edtech sector is only growing. Byju’s is driven by Byju Raveendran and his 2000+ strong team of teachers, developers, and innovators that continue to create innovative learning solutions for students and professionals.
With a market valuation of over $3 billion and a recent funding round of $540 million has spearheaded Byju’s into becoming the top five most valued start-ups in India.
With its current round of funding and the current market valuation, Byju’s is one of the most valued online education technology firm in the world.
Another well-known name in the education domain is Coursera. Founded by two professors from Stanford University, Coursera is an online learning platform that boasts of over 33 million users and over 2,400 courses.
What started with providing specialized courses to individuals over the internet, Coursera now offers many online Master’s degrees from prestigious universities.
With over $146 million USD in funding till date, Coursera has expanded globally to become one of the very sought after Edtech startups.
Udemy is another well-known Edtech startup. Following a completely different business model compared to their Edtech peers, Udemy is a collection of tutors offering courses on the Udemy website to students. With a multi-tier payment model, Udemy initially bootstrapped its offering and finally ended up raising nearly $200 million from investors till date.
Udemy provides a platform for experts of any domain to create free or paid courses which can be offered to the public. Udemy provides tools to educators which enable users to create a course, promote it and earn revenue from tuition charges.
With a market capitalization of over $1 billion and estimated annual revenue of $28 million, Udemy is considered to be a knowledge delivery platform that rivals the traditional university system.
Digiexam is a Swedish startup that was based on the concept of students being able to take exams online or digitally. As modern classrooms were digital, but examinations were handwritten.
To solve this disconnected between delivery and final examination, Digiexam started in 2011 as an experiment recognized by the school the founders were studying at and soon was adopted by over 2700 organizations and 500 schools worldwide.
With over 33% of high school exams being conducted on Digiexam, this startup is poised for success. With $4.8 million in funding and a constant source of income from schools, Digiexam is geared for growth.
UpGrad is a relatively new player in the Edtech sector. Started in January 2015, UpGrad targets working professionals with online courses in entrepreneurship, digital marketing, data analytics and product management.
With bootstrapped investments from the founders, UpGrad is currently eyeing a $40 million external funding round. With estimated revenue of around $3.6 million, UpGrad is poised for incremental growth as they acquire companies and gear up for future growth.
All these giants in Edtech industry are following different business models that need to be looked after, before entering the edtech world.
Investor interest
Investors love the education domain. With a constant supply of consumers that are only growing by the day, Edtech is growing like never before.
With a 50 percent increase in the number of advanced tech startups in India alone, Edtech is poised to take the market by storm and investors are waiting for the next big disruptor in the education scene.
As innovators poise to try and disrupt the market, investors are ready to invest in ideas that will make a difference.
Why now?
A better question would be, why not? Education is a domain that needs innovators. With the advent of the internet, education can now truly cross geographical boundaries.
The market for Edtech is ever-expanding. Although traditional educational institutions have been leveraging the power of the internet in the form of E-Classrooms, that was limited to students joining a class without physically being there.
For the underprivileged and those that lack basic education, Edtech provides immense scope for innovation and there are those who need this innovation to help them succeed in life.
From entrance examinations to basic education, from specialized courses to special requirements, Edtech can solve problems that traditional educational setups cannot.
The possibilities of innovation in Edtech are endless. There are many gaps in traditional education systems that can be filled only with innovation. Get on the bandwagon and be the change you wanted.
How to – becoming the next disruptor in Edtech:
Edtech needs innovation, however, innovation does not mean improving existing products. Real innovation does have its rewards, however, creating an investable and a desirable startup is not easy.
While there were over 7000 startups in India in 2018 alone, not all of them were able to meet their targets or find a potential investor. Many startups fail at the outset as they are unable to define what their MVP will be.
Partners
A major roadblock for startups is finding the right development team to transform their idea into a product. Innovators might not be the best planners. At Volumetree, we understand that limitation and offer services to innovators who wish to transform their idea into a product. We offer turnkey solutions that help you at every stage of your entrepreneurial journey.
Research
A potential startup must find a problem that they wish to solve. A good way to do that is to do thorough research. Without adequate research, an app or a product can fail to attract users and thereafter investors, no matter how innovative it may be. For example, many Edtech startups fail because they are run by engineers, and not teachers.
Without the prior knowledge and understanding of pedagogy, Edtech entrepreneurs need to master the art of teaching, which itself is not easy. Hiring teachers to help you understand the problem is a step in the right direction because if you do not meet your target audience’s need, you might never make it in the eyes of an investor.
Network
If no one knows about you and your app, you might never find the traction that you will if you attend networking events, education hackathons, and startup conventions.
Meeting new people and making new connections goes a long way in making people aware of what you’re doing.
Many angel investors and venture capitalists frequent these events, finding innovative ideas they could invest in.
Small product demonstrations and sessions in schools can go a long way in ensuring that you get the user base you need, from the section of society that you need. What spreads with the word of mouth can beat advertising any day.
Industry
The industry is always looking for new business ventures and avenues. With research budgets of large corporations mostly being under-utilized, many industries now offer a part of their research budget to startups if they are creating a product that these companies might find to be of use.
Government
The government has started education missions around the country. These drives to propagate education across the country gives rise to budgetary allocations that startups can potentially tap into. If your thought process is in line with that of the government, you just might be awarded a grant for research.
Public fund sources
Crowdfunding is a great way to ensure that your product gets the financial assistance at the outset so that you can continue to research and innovate. Communities have increasingly been very supportive of startups with innovative ideas, and education is one sector that nearly everyone would be interested in investing.
Volumetree was started as an idea that has finally borne fruit. We understand the pains a startup might have first hand, and the problems you may face as an innovator. With our experience, we can help you move from an idea to product with minimal pain and maximum output.
We can advise, guide, provide direction and assist you at each stage so that you focus on what you do best.
The education sector is growing and shows no signs of slowing down. As innovators work on ideas to create the next disruptor in the Edtech world, investors are on the lookout for what they think might click with students.
This has led to the creation of an entirely new economy, the knowledge economy. With the promise to build and develop skilled workers and create a competitive advantage for them, driving growth and the ability to enhance the efficacy of our learning system is the ultimate aim of Edtech. If it comes with the added advantage of capitalizing on it, so be it.
Global Operations
[url=https://jesus-gabriel-cz.biz]https://jesus-gabriel-cz.biz[/url]
last news about jesus gabriel
http://www.jesus-gabriel-cz.biz
[url=https://alabadavid-cz.biz]https://www.alabadavid-cz.biz[/url]
last news about alaba david
http://www.alabadavid-cz.biz
[url=https://marcusrashford-cz.biz]http://www.marcusrashford-cz.biz[/url]
last news about marcus rashford
https://marcusrashford-cz.biz
[url=https://gabrieljesuscz.biz]gabrieljesuscz.biz[/url]
last news about gabriel jesus
http://gabrieljesuscz.biz
[url=https://davidalabacz.biz]http://davidalabacz.biz[/url]
last news about david alaba
davidalabacz.biz
[url=https://rashfordmarcus-cz.biz]https://rashfordmarcus-cz.biz[/url]
last news about rashford marcus
http://www.rashfordmarcus-cz.biz
[url=https://marcusrashfordcz.biz]https://www.marcusrashfordcz.biz[/url]
last news about marcus rashford
https://www.marcusrashfordcz.biz
[url=https://gabrieljesus-cz.biz]www.gabrieljesus-cz.biz[/url]
last news about gabrie ljesus
http://www.gabrieljesus-cz.biz
[url=https://rudiger-antoniocz.biz]https://rudiger-antoniocz.biz[/url]
last news about rudiger antonio
https://rudiger-antoniocz.biz
An interesting discussion is worth comment. I think that you should write more on this topic, it might not be a taboo subject but generally people are not enough to speak on such topics. To the next. Cheers
Unquestionably believe that which you said. Your favorite reason seemed to be on the net the easiest thing to be aware of. I say to you, I certainly get annoyed while people consider worries that they plainly don’t know about. You managed to hit the nail on the head. Will probably be back to get more. Thanks
[url=][/url]
Новые методы лечения болезни Паркинсона в клинике Neuro Implant Clinic.
Акупунктура уха – новый метод лечения болезни Паркинсона, Альцгеймера, Рассеянного Склероза.
Выездное лечение в разные Страны.
Отзывы нашего метода на официальном сайте Neuro Implant Clinic.
[url=][/url]
Профессиональный сервисный центр по ремонту ноутбуков и компьютеров.дронов.
Мы предлагаем:вызвать мастера по ремонту ноутбуков
Наши мастера оперативно устранят неисправности вашего устройства в сервисе или с выездом на дом!
Fantastic content, Appreciate it!
[url=https://jesusgabriel-cz.biz]http://jesusgabriel-cz.biz[/url]
last news about jesus gabriel
https://www.jesusgabriel-cz.biz
[url=][/url]
Многие из нас с волнением и беспокойством идут на прием к врачу акушеру-гинекологу, часто откладывая посещение.
А ведь к женскому врачу приходится обращаться в течение всей жизни, особенно в такие важные периоды, как беременность и роды.
Естественно, что каждая женщина хочет чувствовать себя уверенной и защищенной, когда речь идет о здоровье.
Понимая ваше волнение, чувствуя ответственность за вашу жизнь и жизнь ваших детей, был создан ознакомительный сайт «Женский Доктор».
На сайте будут освещены основные темы в области акушерства и гинекологии в доступной широкому кругу читателей форме.
По мере поступления откликов, будут выходить новые статьи, чтобы вы смогли найти ответы на волнующие вас вопросы.
Зная, как важно общение с доктором на родном языке, я буду рада помочь вам в моем частном кабинете расположенном рядом с клиникой Medical Park,
Турция, где вы найдете квалифицированную помощь специалиста акушера-гинеколога, а будущие мамы смогут в полной мере подготовиться к родам, оставив позади свои тревоги.
Мой сайт rusginekolog.com
Частный кабинет, расположенный в центре Европейской части г. Стамбул, у автотрассы E-5 и в 5 минутах езды от аэропорта Ататюрк.
Кабинет No 1009, 10 этаж.
Bahcelievler mah., E-5 Yanyol No 14/B Metroport Busidence /Bahcelievler/Istanbul
[url=][/url]
Уборка квартиры после депрессии https://uborka-zapushchennyh-kvartir.ru/
квартирный переезд в минске [url=https://kvartirnyj-pereezd11.ru/]квартирный переезд в минске[/url] .
https://prodvizhenie-podolsk.ru/
[url=][/url]
Строительство, ремон своими руками. Советы мастеров и лучших специалстов в своем деле.
Каким вы видите свой будущий дом? Выполненный в духе уютного загородного шале или со сложными геометрическими формами и яркими элементами?
<a href=https://www.vuz-chursin.ru/stroitelstvo]Строительство
<a href=https://www.vuz-chursin.ru/stroymaterialy-0]Стройматериалы
<a href=https://www.vuz-chursin.ru/remont-i-otdelka]Отделка
Для большинства людей своя, пускай, даже крохотная, но отдельная однокомнатная квартира, намного слаще, чем аренда 5-комнтантного пентхауса за смешные деньги. Здесь можно устанавливать свои правила, планировать ремонт, делать перестановку, а единственное ограничение – это пространство.
Каталог полезных статей о стройке и ремонте <a href=https://vuz-chursin.ru/.
[url=][/url]
With thanks, Great stuff.
Если вы хотите купить Озепмпик в Москве, обратитесь в специализированные аптеки или закажите через интернет. Препарат помогает улучшить показатели глюкозы и снижает вес, что делает его отличным выбором для пациентов с диабетом. Узнайте цену Озепмпик и выберите подходящий вариант. ozempic купить
https://prodvizhenie-lubertsy.ru/
Penulisan CV
[url=https://lukaku-romelu-cz.biz]https://lukaku-romelu-cz.biz[/url]
last news about lukaku romelu
http://www.lukaku-romelu-cz.biz
[url=https://romelulukakucz.biz]http://romelulukakucz.biz[/url]
last news about romelu lukaku
https://romelulukakucz.biz
[url=https://lukakuromelu-cz.biz]www.lukakuromelu-cz.biz[/url]
last news about lukaku romelu
https://lukakuromelu-cz.biz
вывод из запоя на дому в сочи [url=https://vyvod-iz-zapoya-sochi11.ru/]вывод из запоя на дому в сочи[/url] .
[url=https://romelu-lukaku-cz.biz]http://romelu-lukaku-cz.biz[/url]
last news about romelu lukaku
romelu-lukaku-cz.biz
[url=https://marcus-rashford-cz.biz]marcus-rashford-cz.biz[/url]
last news about marcus rashford
http://www.marcus-rashford-cz.biz
[url=https://alaba-david-cz.biz]http://www.alaba-david-cz.biz[/url]
last news about alaba david
https://www.alaba-david-cz.biz
[url=https://antoniorudigercz.biz]http://antoniorudigercz.biz[/url]
last news about antonio rudiger
antoniorudigercz.biz
[url=https://riyadmahrezcz.biz]https://riyadmahrezcz.biz[/url]
last news about riyad mahrez
riyadmahrezcz.biz
[url=][/url]
[url=https://torgdom1.ru/novoe-oborudovanie/]Новое оборудование для ресторанов и кафе[/url]
Предлагаем Новое оборудование для магазинов, ресторанов, гостиниц и других мест общественного питания и обслуживания. В нашем каталоге представлены модели различных габаритов и технических характеристик. На любой товар мы предоставляем гарантийный талон. Доставку осуществляем в течение 1-2 рабочих дней с момента заказа, либо в согласованный день. Предусмотрена оплата для юр.лиц по счету. Чтобы сделать заказ в нашей компании «ТоргХаус», соберите список товаров в корзине, и менеджер свяжется для уточнения способа оплаты и удобного времени доставки.
[url=https://torgdom1.ru/oborudovanie-bu/]БУ оборудование для ресторанов и кафе[/url]
Предлагаем Оборудование для общепита Б/У для магазинов, ресторанов, гостиниц и других мест общественного питания и обслуживания. В нашем каталоге представлены модели различных габаритов и технических характеристик. На любой товар мы предоставляем гарантийный талон.
[url=https://torgdom1.ru/proektirovanie-restoranov/]Проектирование ресторанов и кафе в Екатеринбурге[/url]
Компания «Торгхаус» успешно занимается проектированием предприятий общественного питания.
Заказав проект ресторана у нас, Вы получите:
Отдавая разработку проекта в руки профессионалов, можно быть уверенным в оптимизации и привязке всех систем. Каждое решение органично впишется в общую технологию, снижая затраты, касаемо:
Без соответствующей нормам проектной документации, невозможен запуск ресторана. Схема подводки всех систем обеспечивает безопасность работы в будущем. Соблюдение противопожарных и санитарных норм создаст почву для быстрого прохождения проверок.
Ориентировочная стоимость проектирования
– удачное планировочные решения;
– высокотехнологичную расстановку оборудования;
– верный расчет систем вентиляции и кондиционирования;
– индивидуальный подход к разработке дизайна;
– первоначальных вложений в строительство и перепланировку;
– обслуживание оборудования;
– согласование документации и прочих вопросов.
Цены на всю продукцию [url=https://torgdom1.ru/].[/url]
[url=][/url]
Hi there to all, because I am really eager of reading this weblog’s post to
be updated on a regular basis. It contains nice material.
Great blog! Is your theme custom made or did you download it from somewhere? A design like yours with a few simple adjustements would really make my blog jump out. Please let me know where you got your design. Thank you
https://prodvizhenie-chelyabinsk.ru/
https://prodvizhenie-mitishi.ru/
hello!,I love your writing very so much! proportion we communicate more approximately your article on AOL? I require an expert in this house to unravel my problem. Maybe that’s you! Having a look forward to look you.
Have you ever thought about including a little bit more than just your articles? I mean, what you say is fundamental and all. Nevertheless think of if you added some great images or video clips to give your posts more, “pop”! Your content is excellent but with images and video clips, this blog could undeniably be one of the most beneficial in its field. Wonderful blog!
Fonbet промокод 2024 при регистрации промокод фонбет при регистрации
Промокоды Fonbet, действующие в 2024 году, предоставляют пользователям бонусы и привилегии при регистрации. Примером такого промокода является ‘GIFT200’, который активирует бесплатные ставки и другие награды для новых игроков. Ввод промокода в специальное поле при регистрации активирует бонусные предложения, делая процесс начала игры более привлекательным и выгодным.
This city is developing the world’s tallest timber tower, again
[url=https://jobgirl24.ru/ ]работа для девушек санкт-перербург[/url]
The US city of Milwaukee is already home to the world’s tallest timber tower. But another, even taller, wooden skyscraper could be added to its skyline, designed by Vancouver-based studio Michael Green Architects (MGA).
The firm recently released plans for the development, which includes a 55-story tower made principally from mass timber — thick, compressed, multilayered panels of solid wood. If built, it would usurp the current world title holder, the 25-story Ascent tower by Korb + Associates Architects, as well as becoming the tallest building in the state of Wisconsin.
MGA, which specializes in wooden architecture, hopes that the project will set a “new global benchmark for mass timber construction.”
The project is part of the redevelopment of the Marcus Performing Arts Center, which opened in 1969 and won the Honor Award for Excellence in Architectural Design from the American Institute of Architects in 1970. Led by Neutral, which bills itself as a “regenerative development company,” the redesign will transform what is currently the center’s concrete parking lot into a space with residential units, offices, restaurants, cafes, grocery stores and public plazas. According to MGA, construction will cost an estimated $700 million. The plan is currently going through the city’s approval process, during which it is expected to evolve.
Why timber?
While the use of mass timber is steadily increasing worldwide, thanks to changes in building regulations and shifting attitudes towards the material, it has yet to match the sheer height of buildings made of concrete and steel — although a slew of timber high-rises have been proposed in recent years. MGA says its tower design would be approximately 600 feet (182 meters) tall — more than double the 284 feet (87 meter) tall Ascent tower.
“The race for height is important,” said Michael Green, an architect and founder of MGA. “It’s not about showing off, it’s about showing what’s possible to the public.”
He argued that the reason timber skyscrapers haven’t yet become mainstream is because climate change hasn’t been at the center of the conversation. “We didn’t really need to challenge the status quo of steel and concrete,” he said. “But because those materials are so hard on the climate, we had to find a different way to build towers and big buildings in general.”
When I originally commented I clicked the -Notify me when new comments are added- checkbox and now each time a comment is added I get four emails with the same comment. Is there any way you can remove me from that service? Thanks!
End of an era: The big change coming to European travel in November
[url=https://rabota-webcams.ru/]вебкам сайты для работы[/url]
In travel news this week: an accidental megadeal on first-class tickets, the world’s best-connected airport and why now is a good time to plan a trip to Europe. Plus a bit of relief for those of you traveling this Labor Day weekend.
Goodbye to EU passport stamps
Paper mementoes of our travels, from boarding cards to even passports themselves, are fast moving into obsolescence.
The inky, smudgy joy of a fresh passport stamp will be a thing of the past for visitors to the 29 countries of the European Union Schengen Area starting November 10. That’s when the new automated Entry/Exit System (EES) comes into effect.
It’s separate from the delayed ETIAS visa waiver program, which is due to start in the first half of 2025 and will mean travelers from outside the EU will be charged a €7 entry fee that is valid for three years.
Destination inspiration
Get your stamps while you can with these European vacation picks.
Il dolce far niente – “the sweetness of doing nothing” – has been perfected by Italians on their vacations in southern sweet spots such as Naples, Ischia, Puglia, the Amalfi Coast and Capri. These remarkable photographs by UK photographer Lucy Laucht show how to relax the Italian way.
In Hungary, the Gresham Palace is the grandest Budapest hotel of them all, having sat in its prime position overlooking the River Danube for more than a century. Here’s how this architectural gem looks in its current incarnation.
Finally, if you’re considering a longer stay, an idyllic Swedish town is selling off land with prices so low you might think they’re mistakes. But Gotene, 320 kilometers (200 miles) southwest of Stockholm, is indeed selling plots with prices starting at just 1 krona, or 9 US cents, per square meter (11 square feet).
Aviation news
An airline accidentally offered a megadeal on first-class tickets, with 300 lucky customers getting savings of 85% off. Here’s what happened next.
The staff at Australian flag carrier Qantas must have been flat-out like a lizard drinking sorting that mess out. And if you don’t understand that lingo, it’s time to check out our guide to Aussie slang.
An airport on the edge of southeast Europe has been named the best connected in the world, with more than 300 direct flights to unique destinations. It’s been networking fast, too; it only opened in 2018.
вывод из запоя на дому сочи [url=http://www.vyvod-iz-zapoya-sochi12.ru]вывод из запоя на дому сочи[/url] .
замена венцов красноярск
Когда производится демонтаж с заменой нижних венцов, тогда брус также разгружается от давления и выполняется замена, поскольку для замены поднятие не превышает 10-ти сантиметров, что и не выступает существенным даже для внутренней оформления.
нижние брёвна или брус из листвяка существенно долговечнее и хорошо доказал себя благодаря обладанию устойчивостью и нечувствительностью к гниению. Однако, ее также обязательно необходимо обеспечивать защиту через применение биозащитного раствора, аналогично и все балки.
Наша компания специализируется не только восстановлением сооружений, но и улучшением основания пола. Клиенты регулярно оформляют заказ на теплые полы с термической термоизоляцией мы Комплектуем клиента всем необходимым для работы и предоставляем особые расценки.
наш телефон +7(391)29-29-699
капельницы на дому от запоя [url=www.snyatie-zapoya-na-domu11.ru/]www.snyatie-zapoya-na-domu11.ru/[/url] .
https://prodvizhenie-himki.ru/
I have not checked in here for some time because I thought it was getting boring, but the last several posts are great quality so I guess I will add you back to my daily bloglist. You deserve it my friend :)
Surprisingly good post. I really found your primary webpage and additionally wanted to suggest that have essentially enjoyed searching your website blog posts. Whatever the case I’ll always be subscribing to your entire supply and I hope you jot down ever again soon!