As Instructure Revenue Grows, Questions Emerge Over Bridge Corporate Learning System

edsurge | October 31, 2019

Instructure’s third quarter performance left some investors beaming, but the company’s long term strategy appears more muddy. For one, the CEO of the learning management system provider didn’t shirk away from a possible sale of its corporate LMS, Bridge, which launched in 2015. “Nothing is off the table,” Dan Goldsmith told investors in response to a question about a sale or spinoff of Bridge, according to a transcript of the company’s earnings call Monday. He continued: “But the focus for us is really making Bridge successful, making Bridge financially beneficial and accretive and healthy and then continuing to grow over time.” Goldsmith promised more details at an investors event Dec. 3 at the company’s Salt Lake City headquarters. But until then, here are some highlights from the earnings call and how analysts have reacted. Perhaps best known for its Canvas LMS for K-12 and higher education, Instructure bested Wall Street expectations for the quarter that ended Sept. 30. The company reported $68.3 million in revenue for the quarter, a 23 percent increase year over year. Most of that revenue came from subscriptions and support services. Instructure has more than 4,000 customers, which includes learning institutions and companies.

Spotlight

Because so many kids play video games at home, some teachers feel like it's best to prioritize other materials like books in the classroom, while others say that technology skills are crucial for a child's sucess later in life. This infographic takes a look at how, when, why teachers are using games in class. What do you think?

Spotlight

Because so many kids play video games at home, some teachers feel like it's best to prioritize other materials like books in the classroom, while others say that technology skills are crucial for a child's sucess later in life. This infographic takes a look at how, when, why teachers are using games in class. What do you think?

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eDynamic Learning Announces the Passion to Purpose Student Scholarship Program

eDynamic Learning | October 28, 2022

eDynamic Learning North America's largest provider of Career and Technical Education (CTE) and elective digital curriculum for grades 6-12, announces it has expanded their scholarship offerings to include the new Passion to Purpose Student Scholarship Program. The Passion to Purpose Scholarship Program joins the company's growing Recognition & Rewards Program that honors, recognizes, and awards students and teachers and their accomplishments and contributions. The Passion to Purpose Scholarship Program will offer students an opportunity to write an original essay where they can reflect on their career exploration journey, visualize their future, and share their story. Every year, hundreds of thousands of middle and high school students use eDynamic Learning curriculum and now they can benefit even more from their experience by sharing their story about the impact the curriculum has had on their lives and in helping them make decisions about their future. This new scholarship program will complement the long-standing and popular Virtual Business Simulation Scholarship Programs for students that use Knowledge Matters' simulations. The combination of these programs will now offer the most scholarship programs available for K-12 students focused on career education in North America by one organization. "Our mission is to help students explore their career options early and often, so they can discover their skills, talents, and interests and do what they love. We are proud to grow our student recognition programs to support and highlight the valuable contributions students will make to our workforce and economy in the future," Jerry Wooden, CEO of eDynamic Learning. There will be two 1st place award recipients, one award will be open to all students who meet the qualifications of the program and the other 1st place award will be reserved for students with a documented Individualized Education Program (IEP), 504 Accommodation Plan or disability, as indicated by their guardians and teachers when applying. There will also be 2nd and 3rd place prizes as well as 10 finalists. Winners will receive valuable scholarship funds and the finalists will receive digital badges and their essays will be published on the eDynamic Learning website, where they will receive official recognition as a published author. Complete Scholarship Program details can be found on the Passion to Purpose website. Essay submissions will be accepted beginning March 1st, 2023. Our goal is for all students participating in the scholarship program to discover that learning challenges or disabilities do not define your future. We hope our scholarship opportunities help motivate and precipitate students to reach their educational goals whether their chosen career requires certifications, a license, college, or a 2 year degree, said Tyler Wood, Vice President of Marketing & Professional Development at eDynamic Learning. The company's Fall 2022 Virtual Business All-Access Scholarship competition kicked off earlier this month and Virtual Business Challenges with Career and Technical Student Organizations (CTSO) partners are also underway where student competitors will have the chance to win scholarship money. Registration for the DECA, FBLA, & FCCLA CTSO virtual events are still open and will remain open during, and in between, qualifying rounds. Challenge participants and CTSO advisers can register at the Knowledge Matters challenge page. Throughout the years, the company has remained dedicated to offering students a chance to earn scholarship money. These scholarship opportunities have offered an extreme value to students as well as teachers as they provide an additional level of engagement in their classrooms. Many students also find that including their competition scores on resumes or college applications has been extremely beneficial. eDynamic Learning's Recognition & Rewards Program also offers an avenue for educators to be appreciated and acknowledged through the Career Compass Teacher Awards, which honors outstanding teachers and provides opportunities to earn a curriculum grant, complimentary professional development, and much more. The Empowered Educators Program gives educators an opportunity to participate in pilots, provide input and feedback and ensure our programs are the best they can be for teaching and learning. About eDynamic Learning With offices in Southlake, Texas, Hadley, Massachusetts, and Kelowna, BC, Canada, eDynamic Learning is a teacher-founded company, established with a mission to support schools in helping students find their passion and ensure they leave high school with the knowledge and preparation needed to make life-shaping college and career decisions. eDynamic Learning offers nearly 250 CTE and career-focused elective digital courses and Knowledge Matters' career-based simulations. All curriculum is available online and works continuously in any instructional model, and is compatible with nearly all LMS systems.

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Snapology Celebrates National STEM Day as Leader in Education Space

Snapology | November 08, 2022

Snapology, the No. 1 children's STEM/STEAM franchise and part of the world's first Youth Enrichment franchise platform company Unleashed Brands, is celebrating National STEM Day (Nov. 8) after making tremendous strides in STEAM educational enrichment opportunities, franchise offerings, and helping millions of kids across the country develop foundational STEAM skills. The company is consistently seeing significant growth through franchise signings that will continue into 2023 as demand increases for STEAM-based learning programs nationwide. Since its acquisition and joining Unleashed Brands in July of 2021, the brand has been able to elevate its franchise offerings by launching a reimagined Discovery Center, developing a new business model with "Snapology-in-Urban Air," as well as continuing to offer mobile Snapology programs that allow franchisees to reach more families in the community. For franchisees, these redesigned business models offer a variety of revenue opportunities and the freedom to operate year-round. Year to date, the brand has opened 11 classrooms inside Urban Air Adventure Parks, seven community-based locations and two Discovery Center with one of the revamped Discovery Centers being the first-of-its-kind joint location with sister brand The Little Gym International. Snapology has also invested in perfecting the customer experience by offering new membership programs and gamifying education through their "Passport" program, which aims to encourage children to take classes to earn stamps and degrees to win swag and other prizes. This program entices children to continue their Snapology classes by creating incentives for children to learn fundamental STEAM skills, develop critical social skills and create recurring revenue for franchisees. Since the Unleashed Brands acquisition, Snapology has doubled franchise signings over the past year. In 2023, there are plans to open 15 new Discovery Center locations throughout the country, including debuts in New Braunfels and Cedar Park, TX, Lexington, SC, North Tampa, FL, Rogers, AR, Harrisonburg, VA, Troy, MI, San Diego, CA, and Lehi, UT. "We're incredibly grateful for our company's growth and success which reflects on the progress being made to revolutionize the way kids learn about STEAM, This year, National STEM Day is extra special to our team as we reflect on our success but more importantly, the impact Snapology has made to inspire the next generation of STEAM leaders." Laura Coe, Brand President & CEO for Snapology. The key to success has been the brand's understanding and commitment to play an active role in inspiring the next generation of scientists, engineers and mathematicians through excitement in STEAM concepts at an early age. Snapology encourages social skills and teamwork by teaching science, technology, engineering, art, math, and literacy concepts in a fun way. The brand uses a research-based curriculum, designed to be inclusive to all learning abilities with a hands-on teaching approach that uses LEGO® Bricks and other building toys, along with coding, video game design and robotics that encourage the perfect mix of play, academic enrichment, and social development. About Snapology Founded in 2010, Snapology is the #1 children's enrichment franchise in the country, giving children the opportunity to learn through play with more than 80 enriching, interactive STEAM and STEM programs. With over 180 locations in the U.S. and Internationally, Snapology is quickly growing and impacting children throughout the world with its balance of educational enrichment, social development, and fun. For more information about Snapology including franchise opportunities, visit www.Snapology.com. About Unleashed Brands Unleashed Brands, currently includes portfolio brands Urban Air, Snapology, The Little Gym, XP League, Class 101 and Premier Martial Arts and was founded to curate and grow a portfolio of the most innovative and profitable brands that help kids learn, play, and grow. Over the last 10 years, the team at Unleashed Brands has built a proven platform and know-how for scaling businesses focused on serving families. Its mission is to impact the lives of every kid by providing fun, engaging, and inspiring experiences that help them become who they are destined to be.

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EDUCATION TECHNOLOGY

Digilangua Partners with Magic EdTech to Launch Digital Library of Comprehensible Novels

Magic EdTech | November 30, 2022

Digilangua, a New York-based provider of a digital library of comprehensible novels, has partnered with Magic EdTech to offer an added solution for language teachers. The solution will empower educators with digital access to their publications and enable continued contact with languages being acquired. It will be available to teachers and students worldwide. Digilangua's digital initiatives for teachers and students will be powered by Magic EdTech's flagship technology solution, MagicBox™, an award-winning SaaS digital learning platform, accessed by over 6 million users globally. Easing Education Delivery and Access With close to a decade of success in publishing comprehensible novels, Digilangua seeks to broaden its scope by providing access to its learning materials via a digital platform. The company is an established leader in the publication of compelling, comprehensible novels. To date, their offerings include stories in Spanish, French, German, Italian, and English. The transition to MagicBox™ will allow the company to offer its libraries in a format compatible with multiple devices and operating systems. Digilangua will also continue to provide traditional physical textbooks for those who prefer them. "We are very excited to be leveling up our business to provide a stable, workable platform for students and teachers,Magic Box is going to allow readers to better interact with the stories in our library." Jennifer Degenhardt, co-owner at Digilangua. MagicBox's eReader will allow interactive and personalized learning in addition to online/offline capabilities for a smooth learning experience. We are excited to partner with Digilangua and help them share their digital learning content globally," said Dipesh Jain, VP of Sales & Marketing at Magic Edtech. About Magic Edtech Magic EdTech is a New York-based technology company with over 30 years of Education experience. Its flagship platform, MagicBox™, is focused on creating and conceptualizing digital learning solutions for K-12 and higher education. The platform is being used by over 6 million students worldwide. About Digilangua Digilangua is an online platform offering comprehensible novels with accompanying audio geared towards readers learning second languages. Novels are written with level-appropriate language and grammar, focusing on the repetition of both to aid in learning. An up-and-coming company, Digilangua has readership all over the world.

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