prnewswire | September 01, 2020
Riding the crest of demand from schools forced into remote learning in the spring and fall 2020, providers of K-12 courseware and digital supplemental resources are expected to see growth of 5.2% in 2020, according to Publishing for the PreK-12 Instructional Materials Market 2020, a newly published report from Simba Information."The momentum provided by the immediate need to accommodate totally online or hybrid learning models in the 2020-2021 school year should fuel lasting demand," said Kathy Mickey, senior analyst and managing editor of the Education Group at Simba Information.A wrinkle in growth could be the hiccup in meeting demand for devices. Some districts seeking to buy laptops for their students to create a 1:1 digital environment for home and school are running into supply pressures.
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CORPORATE EDUCATION AND TRAINING
Codecademy | October 22, 2021
Codecademy, the leading online learning platform for technical skills, today announced the launch of Teams+, its newest B2B offering that helps organizations optimize their technical training programs for better onboarding, upskilling, and retention of talent. Utilizing Codecademy's library of technical content and interactive learning features, Teams+ allows companies to customize and curate Codecademy curriculum to meet the specific needs of their employees, resulting in a robust, tailored training experience.
The release of Teams+ comes at a time when employee turnover is at a record high, with technical training offering a potential solution. According to a recent survey of over 100 tech leaders, Codecademy found that:
67% of respondents reported a decrease in retention in the past year
79% of respondents report that the decrease in retention is hurting team morale
Of the 73% of organizations developing plans to combat turnover, 59% are incorporating technical training into their retention strategies
"Employees are retained when they are properly onboarded, given the opportunities to learn and grow from within, and eventually promoted -- all of which can be accomplished through technical training. Organizations need to invest in training programs that address the entire employee lifecycle, otherwise they will fall behind when it comes to attracting and retaining talent, as well as keeping their teams' skills up to date."
Jonathan Naymark, General Manager of Codecademy for Business
Teams+ empowers organizations to develop a custom technical training program that meets the multifaceted needs of their employees, no matter where they are in their careers. Leveraging Codecademy's interactive learning platform and extensive catalog of technical courses, Teams+ introduces a suite of new features including:
Customizable curriculum. Organizations can build their own custom curriculum by picking and choosing from Codecademy's ready-to-use courses and skill paths, as well as developing their own quizzes, articles, and assessments, to reflect what's most relevant to their teams.
Management of multiple training programs. Managers can group learners by team, department, level, or subject area, and assign course content that meets their specific learning goals. Team members can also collaborate on coding projects in real-time via private, shareable workspaces.
Ability to track ROI on training. Organizations gain full visibility into how individuals and groups are progressing and performing with their assigned content, helping them keep track of how well they are hitting their training goals.
Teams+ signifies the growth of Codecademy's B2B footprint since Codecademy for Business launched in 2019. Codecademy for Business has doubled its revenue in 2021, and has been used by over 850 customers including IBM, The Guardian, Tucows, The Motley Fool, Paradox, Mixpanel, and the Institute of Health Metrics and Evaluation.
"Codecademy has helped us move away from reinventing the wheel. We've built custom curriculum around their existing modules for onboarding and upskilling and have even recently opened it up to more employees as a professional development opportunity," said Sean Lassiter, Senior Learning Manager at the Institute of Health Metrics and Evaluation.
About Codecademy
Codecademy is the leading online learning platform for technical skills, empowering over 50 million people worldwide to lead inspiring careers in technology. Codecademy's innovative, scalable approach to coding education makes it possible for anyone to master the skills needed to succeed in today's tech-powered society. In addition to helping individuals, Codecademy for Business supports companies like IBM, Dailymotion, and Reverb as they train and upskill their teams for the future. Codecademy has also worked with The White House and government partners in the UK, Brazil, and Argentina to make technology education accessible for all. Headquartered in New York City, Codecademy has raised $82.5M from investors including Owl Ventures, Prosus, Union Square Ventures, Kleiner Perkins, Index Ventures, and Y Combinator.
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2U | June 23, 2020
Education technology company 2U will offer scholarships of $2,500 each to "Black, Latino, and Indigenous learners, as well as women," to attend online technical training programs. According to the company’s June 10 statement, it will provide the scholarships, totaling $3 million, to candidates demonstrating "both need and merit." 2U said the program is specifically for individuals from underrepresented groups enduring financial hardship or who lost their jobs.The scholarships can be used for more than 100 programs spanning digital marketing, data analytics, coding, fintech and more. The programs are offered by more than 30 universities partnered with 2U, including Columbia Engineering, The George Washington University, University of Pennsylvania, Rice University, University of California Berkeley, University of North Carolina and Vanderbilt University. For many, the program is offered by an extension school or school of professional studies."As the economic impact of the pandemic continues to unfold, millions of people have seen their livelihoods disappear overnight, with people of color and women disproportionately affected. Many of these jobs — especially in sectors already at risk of automation — aren’t coming back," 2U Co-Founder and CEO Christopher "Chip" Paucek said. "This scholarship fund removes barriers for workers who are traditionally underrepresented in the tech industry by increasing the affordability of top university boot camps across 2U’s network."
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