Practically | March 03, 2022
Practically, India's first experiential learning app for students of classes 6th to 12th, has acquired Fedena (Foradian Technologies Pvt Ltd), world's most widely used ERP. Practically is now the world's first EdTech company offering a comprehensive end-to-end product suite for schools. The integrated product will now offer experiential learning content, innovative teaching features, to school management tools.
Practically (Lnkdn), recognized as a 'Minicorn' by Tracxn, has carved a niche for itself in the immersive learning space using Artificial Intelligence (AI). Fedena's wide range of features include cloud-based technology solutions for easy administrative and resource planning, examination management, identity card generation, platform for parent-teacher collaboration, timetables to name a few. Through its open-source project, Fedena's products are used extensively in 40,000 institutions, by 20 million users in 20 different languages spread across 180+ countries with India, Middle East, Africa and SouthEast Asia being major regions.
"We are thrilled to announce that Practically has become the world's first most comprehensive edtech product suite. This move not only boosts our active user base but also gives us an immediate global reach, besides allowing us to offer our product and services to Fedena's existing network of schools."
Ms. Charu Noheria, Co-Founder and COO, Practically
"Practically has meticulously built a strong presence in the school education space in India and the Middle East, gradually expanding to other territories as well. By being part of Practically product and team, Fedena's own offering will see greater adoption, more stickiness and deeper reach," said, Neelakantha Karinje, CEO of Fedena (Foradian Technologies).
Practically was founded in 2018 by Mr. Subbarao Siddabattula, Founder & CEO, Ms. Charu Noheria, Co-Founder & COO, and Mr. Ilangovel Thulasimani, Co-Founder & CTO. Practically uses next-generation interactive methods, such as Augmented Reality, Simulations, 3D videos for an enhanced learning experience focused on STEM. We launched the industry first AI led #ScanAnything feature. Practically offers Live classes, Coding ++, 24x7 Seek Help feature for doubt resolution with subject experts. 1,500,000 students, 350+ schools, 18,000 teachers across India & the Middle East are benefitting from Practically. We have been awarded as the Best Edtech start up of the year at Start Up Awards 2021 and was adjudged as the winner at TieCon2021.
Everspring | March 02, 2022
Everspring, a leading provider of higher education technology solutions and services, announces a new partnership with the Milwaukee School of Engineering (MSOE) to support the strategic expansion of its online educational offerings. Everspring will support MSOE university-wide with market research, supplemental course development, and marketing services to grow program enrollments while preserving the university's unique applied learning methodology.
MSOE offers a range of undergraduate and graduate degrees, as well as certificate programs, primarily in engineering, business and nursing. The university is known for its hands-on, experiential learning methodology that emphasizes practical application. Courses are highly collaborative, and students receive strong personal attention from faculty. In developing its online courses and programs, the university sought a partner who could preserve this highly interactive academic approach.
"We are excited to launch our partnership with Everspring and grow a suite of online programs that align with our institutional mission to provide students engaging, experiential learning. We are building on our foundation of strong enrollment. And with this partnership, we can expand and translate our academic approach into online and hybrid modalities, enabling us to educate in innovative ways."
Eric Baumgartner, executive vice president of academics at MSOE
Everspring's market research will identify the best opportunities for online growth based on workforce trends and other data, helping the university prioritize which online programs to grow and where to focus for new initiatives. With Everspring's marketing support, MSOE will expand its reach and grow online enrollments with highly qualified students.
"MSOE has a great set of high-quality programs and numerous opportunities for growth," said Beth Hollenberg, president and co-founder of Everspring. "Everspring is excited to partner with MSOE to help them set a roadmap for their future growth and thereafter support them to build and scale exceptional online and hybrid programs that embody and reflect the university's academic ethos," said Beth Hollenberg, president and co-founder of Everspring.
About Milwaukee School of Engineering
Milwaukee School of Engineering is the university of choice for those seeking an inclusive community of experiential learners driven to solve the complex challenges of today and tomorrow. The independent, non-profit university has about 2,800 students and was founded in 1903. MSOE offers bachelor's and master's degrees in engineering, business and nursing. Faculty are student-focused experts who bring real-world experience into the classroom. This approach to learning makes students ready now, as well as prepared for the future. Longstanding partnerships with business and industry leaders enable students to learn alongside professional mentors and challenge them to go beyond what's possible. MSOE graduates are leaders of character, responsible professionals, passionate learners and value creators.
Everspring is a leading provider of education technology and services solutions for higher education. Our advanced technology, proven marketing approach, and robust faculty support and instructional design services deliver outstanding outcomes for our university partners, powering their success online. Everspring offers a range of full-service turnkey solutions, as well as standalone fee-for-service offerings, and innovative self-service products that enable universities to establish themselves as leaders in the digital delivery of higher education. Based in Chicago, Everspring serves a growing number of colleges and universities, nationwide.
Accenture | February 21, 2022
Accenture has made a strategic investment, through Accenture Ventures, in Talespin, a spatial computing company focused on workforce talent development and skills mobility. Talespin’s platform delivers XR-based learning and training applications, mixed reality job aides to support employee job performance and a new skills-based approach to work and productivity.
The World Economic Forum projects that by 2030, over one billion workers will have needed to reskill, as the core capabilities required for work across industries change. This makes it vital that companies implement engaging training programs to equip their workforces with these new skills. Immersive learning, built on Extended Reality (XR) technologies, offers opportunities for employees to participate in “hands-on” learning, and has been shown to lead to greater learning retention. Talespin’s platform powers the creation and distribution of immersive learning experiences, and supports an ecosystem of learning content creators, leading learning platforms, XR hardware partners and enterprise customers. It uses 3D, virtual humans and environments to help people practice conversational skills and simulate jobs with real-time feedback and skills analytics.
“As the workforce evolves, so do the skills needed to excel and succeed. At the same time, device, computing and connectivity advances are enabling companies to explore new, innovative approaches to learning. We are excited to work with Accenture to further develop our immersive learning platform and accelerate its adoption on a global scale.”
Kyle Jackson, co-founder and chief executive officer, Talespin
Tom Lounibos, managing director of Accenture Ventures, said, “Over 90% of executives who responded to a recent Accenture survey believe that their existing training methods need to be more effective and efficient. Yet conventional approaches to training, such as instructor-led classes or online video series, are not always effective; in fact, research shows that learners forget 70 percent of this type of content within 24 hours and nearly 90 percent in a month. The need for engaging, immersive learning is clear, and we believe that Talespin is well-positioned to address this challenge.”
Talespin is part of Accenture Ventures’ Project Spotlight, an engagement and investment program that connects emerging technology software startups with the Global 2000 to fill strategic innovation gaps. Project Spotlight offers extensive access to Accenture’s domain expertise and its enterprise clients, helping startups harness human creativity and deliver on the promise of their technology. Talespin is also the latest addition to the investment portfolio of Accenture Ventures, which is focused on investing in companies that create or apply disruptive enterprise technologies.
Accenture is a global professional services company with leading capabilities in digital, cloud and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Interactive, Technology and Operations services all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 674,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities. Visit us at accenture.com.
Talespin is building the spatial computing platform to power talent development and skills mobility for the future of work. Founded in 2015, the company leverages its proprietary platform to offer enterprise customers, partners, and individuals an end-to-end solution for creating, distributing, and measuring the impact of immersive learning content. Talespin is building a future of work where the distance between learning and execution is collapsed, enabling people to explore unique career paths that meet the needs of both businesses and individuals.