As Recession Worries Grow, Smart Education Investments Can Provide Growth And Resilience

Investors are stepping up their interest in the education sector recognizing it as a relatively safe harbor in any coming economic downturn that will continue to provide strong returns. Not all types of education businesses are created equal, though. It’s important for investors to differentiate between which market niches and which types of businesses will be more resilient in a recession. Although not totally immune from a recession, the $830 billion K-12 market in the U.S. will probably prove the most robust part of the education sector thanks to its reliance on public funding. However bad the downturn is, kids will still go to school and education districts will still demand services related to classroom learning and administration services. Providers that focus on meeting school districts’ targeted outcomes for students and those that have a strong technology component should prove to be the most attractive.

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Education Technology

New Canvas Alignment Tool streamlines flow of data between One45 and Canvas learning management system

GlobeNewswire | September 14, 2023

Acuity Insights announces that its One45 product now offers a Canvas Alignment Tool, which streamlines the flow of data with Canvas – one of the most widely-used learning management systems (LMS) in higher education. This new tool allows programs to ensure that their curriculum mapping and facilitator reporting are consistent and accurate between the two systems. As a result, it reduces administrative burden, duplication of effort and reporting inconsistencies, ensuring program reporting meets accreditation standards with ease. This new tool will improve functionality and productivity for health professions programs that use both One45 and Canvas. "The Canvas Alignment Tool is an exciting addition to our groundbreaking One45 product. This tool combines complex data from diverse systems, delivering an efficient and effective solution for program administrators," says Rich Emrich, CEO of Acuity Insights. "This is yet another step in our strategy to enable program administrators to harness the power of data easily and effortlessly. We offer seamless integrations with leading education technology platforms in higher education. By doing so, administrators can gain valuable insights, ensuring both program and student success, without the hassle of making sense of data from various disconnected systems." What is One45? One45 by Acuity Insights is a comprehensive program management solution that allows health professions programs to simplify complex workflows, streamline accreditation, and enhance program assessment. Streamlined solutions for health professions programs One45 empowers programs with a dynamic, all-in-one platform that powers scheduling, curriculum management, assessment and evaluation, and MSPE processes with unparalleled flexibility. Simplified reporting tasks One45 solves tedious reporting challenges. It fully supports accreditation requirements in assessment, curriculum, clinical experiences, and Student Affairs, while effortlessly meeting day-to-day reporting needs. Seamless collaboration The One45 program management solution facilitates easy information sharing, collaboration, and communication among departments and learners alike. To find out more about the Canvas Alignment Tool, please read our blog post about integrating Canvas with One45. About Acuity Insights Acuity Insights is the leading provider of admissions assessment, program management, and analytics solutions for higher education. The company’s solutions help higher education institutions deliver on their mission holistically, considering the whole student, widening pathways into higher education, and ensuring both student and program success. Recognized as one of Deloitte’s Technology Fast 500 companies for 2021 and 2022, Acuity’s solutions are used by over 600 higher education programs worldwide. Its Casper situational judgment test (SJT), taken by more than 150,000 applicants every year, is the most widely used open-response SJT in higher education and is backed by almost 20 years of efficacy research. For more information, visit acuityinsights.com.

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Continuing Education

Vernier Science Education Announces Strategic Corporate Transition for a Sustainable Future

PR Newswire | September 28, 2023

Today, Vernier Science Education, a leading provider of innovative science and STEM education solutions, announced a significant organizational shift that will chart the course for its mission and values for the foreseeable future. The company will evolve from partner-owned to being owned by a Perpetual Purpose Trust. This allows Vernier Science Education to ensure values-aligned ownership succession and uphold its core mission and values indefinitely, ensuring that its social and charitable objectives remain a priority in perpetuity, securing the futures of its valued employees, and reinvesting profits back into the business while sharing benefits with employees, customers, and communities alike. The Perpetual Purpose Trust is a bold and innovative approach that aligns perfectly with Vernier's vision of serving educators, students, the STEM community, and communities at large. The decision to reevaluate and reimagine Vernier's ownership model and long-term commitment to its mission comes as John Wheeler, the CEO of Vernier Science Education, prepares to step back from day-to-day activities, ushering in a new era of innovation and purpose-driven sustainability for the company. "Our decision to reevaluate our business and establish a Perpetual Purpose Trust stems from our unwavering commitment to STEM education and sustaining the values and principles that have defined Vernier for decades. This transformational shift will enable us to secure the future of our employees, reinvest in our business, and continue our mission of creating a STEM-literate society," said Wheeler. "I am honored to continue to guide our work during this transition, and I look forward to the remarkable achievements that lie ahead for Vernier Science Education." Wheeler will remain in his position as CEO until a nationwide search identifies a replacement. He will continue to be active in Vernier Science Education providing guidance and leadership to the organization and supporting the new CEO. The transition from partner-owned to Trust-owned will be funded by both gifting and purchase of shares from current Partners. Dave and Christine Vernier, the company's co-founders and key figures in its success, will remain actively engaged in the Vernier Science Education family, offering their invaluable insights and support as the company embarks on this exciting new chapter. "Vernier Science Education has always been driven by a deep commitment to advancing STEM education. As we transition to a Perpetual Purpose Trust, we're reaffirming our dedication to our mission and values, and commitment to staying a local independent Oregon-based company for generations to come," said Dave Vernier. "Christine and I are excited to continue contributing to the Vernier family and witnessing the positive impact this strategic move will have on educators, students, and the STEM community. This is how we pay back the years of success our organization has had and give back to our community." By establishing a Perpetual Purpose Trust, Vernier Science Education joins other socially-conscious organizations, foundations, and companies committed to long-term sustainability, fostering a sense of purpose that extends far into the future. About Vernier Science Education Vernier Science Education is a leading provider of innovative solutions for STEM (Science, Technology, Engineering, and Mathematics) education. For over four decades, Vernier has been dedicated to supporting educators and inspiring students to explore and understand the world of science. With a commitment to quality, Vernier's comprehensive range of data collection and analysis tools, along with its educational resources, empowers educators to facilitate engaging and hands-on learning experiences. To learn more, visit vernier.com.

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Corporate Learning Systems

D2L Unveils D2L for Business

PR Newswire | September 21, 2023

D2L, a global learning technology company, today announced the formal launch of D2L for Business – a corporate learning solution designed to maximize return on investment (ROI) in learning and help empower employers to attract, retain, onboard, and upskill their workforce. D2L for Business combines the benefits of an existing network of world-class education providers, skill development solutions, and expert consulting services along with D2L's world class Learning Experience Platform (LXP) and authoring tools, creating one integrated, easy-to-use corporate solution. The 2023 World Economic Forum's Future of Jobs Report predicts that 44% of workers' skills will be disrupted in the following five years – rising significantly from 35% in 2016. And, according to D2L's 2023 White Paper, 80% of U.S. adults expressed some interest in pursuing additional skills training over the next 12 months. "With recent rapid advancements in AI, the changing nature of jobs, and skills shortages, it's essential for employees to continue to upgrade their skillsets – and for businesses to offer the right learning to remain competitive in the talent market," said John Baker, CEO of D2L. "For over two decades, we've helped hundreds of organizations drive their business forward with the right learning for the skills they need. D2L for Business will help take our customers to the next level with a simple, seamless, and personalized mix of technology and services to help fuel a skilled workforce prepared to take on the future." D2L for Business helps employers maximize organization-wide learning ROI and their workforce's satisfaction, retention, and internal mobility through: Skills Mapping and Pathways: D2L for Business uses AI-driven algorithms and industry experts to help develop a comprehensive skills audit, map skills to careers, and identify custom learning pathways for desired careers and skill sets. This helps businesses create a skills pipeline aligned with business objectives, fill open roles, and close skills gaps. Network of World-Class Education Partners: D2L for Business can help businesses streamline their learning administration through a curated provider network of industry-leading universities, colleges, and training organizations. Employers can easily deploy a centralized catalog of career-aligned programs and courses to talent at every level of the organization. Customized Learning: D2L for Business can help businesses create and deliver their own customized digital learning experiences through D2L's LXP. This can enable organizations to rapidly scale and deploy learning that aligns with their strategic goals. Learning Analytics: D2L for Business offers built-in insights to help maximize businesses' ROI with a birds-eye-view into learner progress and outcomes. Employers can gather integrated, organization-wide data about course completion rates and employee skill development, and then make data-informed decisions to help ensure future-readiness. "When it comes to revamping your learning and development program, it's important to have a plan in place that's going to take your business to the next level, and into the future," said Melissa Stein, Officer of Learning & Development at Tompkins Financial. "Tompkins specifically chose D2L as its corporate learning platform for its flexibility, ability to provide content in all areas of learning, and its two decades of trends-focused, forward-looking innovation." D2L for Business can help empower companies to make their skilled teams a competitive advantage, future-proofing their organization to fuel growth. For more information on D2L for Business, please visit https://www.D2L.com/solutions/corporate/. About D2L D2L is transforming the way the world learns—helping learners of all ages achieve more than they dreamed possible. Working closely with clients all over the world, D2L is supporting millions of people learning online and in person. Our growing global workforce is dedicated to making the best learning products to leave the world better than they found it. Learn more about D2L for K-12, higher education and businesses at www.D2L.com.

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