Tencent | April 30, 2020
Education has changed dramatically, with the distinctive rise of e-learning, remotely and on digital platforms.
The COVID-19 has resulted in schools shut all across the world. Globally, over 1.2 billion children are out of classroom.
Research suggests that online learning has been shown to increase retention of information, & take less time.
While countries are at different points in their COVID-19 infection rates, worldwide there are currently more than 1.2 billion children in 186 countries affected by school closures due to the pandemic. In Denmark, children up to the age of 11 are returning to nurseries and schools after initially closing on 12 March, but in South Korea students are responding to roll calls from their teachers online.
With this sudden shift away from the classroom in many parts of the globe, some are wondering whether the adoption of online learning will continue to persist post-pandemic, and how such a shift would impact the worldwide education market.
Learn more: REMOTE LEARNING – A BRAVE NEW WORLD?
“In response to significant demand, many online learning platforms are offering free access to their services, including platforms”.
~ Highly valued edtech company
Even before COVID-19, there was already high growth and adoption in education technology, with global edtech investments reaching US$18.66 billion in 2019 and the overall market for online education projected to reach $350 Billion by 2025. Whether it is language apps, virtual tutoring, video conferencing tools, or online learning software, there has been a significant surge in usage since COVID-19.;
To support large-scale remote work, the platform tapped Alibaba Cloud to deploy more than 100,000 new cloud servers in just two hours last month .
~ DingTalk CEO Alibaba
In response to significant demand, many online learning platforms are offering free access to their services, including platforms like BYJU’S, a Bangalore-based educational technology and online tutoring firm founded in 2011, which is now the world’s most highly valued edtech company. Since announcing free live classes on its Think and Learn app, BYJU’s has seen a 200% increase in the number of new students using its product, according to Mrinal Mohit, the company's Chief Operating Officer.
Tencent classroom, meanwhile, has been used extensively since mid-February after the Chinese government instructed a quarter of a billion full-time students to resume their studies through online platforms. This resulted in the largest “online movement” in the history of education with approximately 730,000, or 81% of K-12 students, attending classes via the Tencent K-12 Online School in Wuhan.
Learn more: 3 LEADING ONLINE AND DISTANCE EDUCATION PROVIDERS IN THE US
prnewswire | June 04, 2020
Curriculum Associates recently added new features to i-Ready to meet emerging educator needs during school closures and beyond. These features include a new instructional report for educators as well as new reading comprehension lessons for middle school students. Today, the award-winning i-Ready program serves over eight million users nationwide and approximately 25 percent of all K–8 students across all 50 states."We are always listening to our educators and working to improve our programs to meet their evolving needs, especially in challenging times like these with extended school closures," said Rob Waldron, CEO of Curriculum Associates.
Blackboard | July 21, 2020
Blackboard Inc. today announced that in the last 18 months, the number of institutions that have transitioned to the SaaS deployment of Blackboard Learn has increased by more than 50%. The move to SaaS has enabled institutions to scale their online learning programs at an unprecedented rate, while also accelerating their digital teaching and learning strategies in response to the global pandemic."The SaaS deployment of Blackboard Learn has enabled the education community to scale at an incredibly rapid pace as they move towards a more robust, holistic, and data-driven teaching and learning model," said Jim Chalex, Vice President of Product Development at Blackboard. "The foundational role SaaS plays is underscored by the fact that today, nearly 70% of our Learn clients are fully operational on SaaS or have begun planning to move to the cloud."The SaaS deployment of Blackboard Learn enables institutions to access the Blackboard Data platform, an analytics infrastructure that fuels a more holistic, mature EdTech environment. Through Blackboard Data, institutions have access to a range of consolidated learner- and institutional-level insights that can be leveraged to improve the learning ecosystem for individuals, departments, and institutions. The cloud-based solution also allows institutions to activate Blackboard Learn Ultra—Learn's next-generation user experience—which allows instructors and learners to leverage an intuitive digital interface for a seamless experience. In fact, over the past year, the number of clients using Learn Ultra has increased by more than 90%.