Spark Education | November 22, 2022
Spark Education Group (Spark Education), a world leader and innovator in interactive live small-class learning, announced a joint venture with Everest Education (Everest), a leading provider of premium offline and online education services in Vietnam, to bring world-class online learning to Vietnam. Since 2018, Spark Education's portfolio of brands have enrolled over half a million students in its programs. The company is backed by top investors including Sequoia, KKR, IDG Capital, GGV Capital, TrustBridge, Carlyle, and more. Everest helps students in Vietnam to gain entrance and succeed in international academic environments, offering Math and English enrichment courses, test prep, college admissions consulting, and private tutoring to students from Grade 1 to Grade 12. This collaboration merges Everest's online business with Spark Education's proprietary technology platform and courseware, localized for the Vietnamese market. The joint venture localizes VISPARK (www.vispark.edu.vn), and launches with its math program based on Singapore Math concepts taught in Vietnamese. This partnership leverages the competitive strengths of both Spark Education and Everest to bring an innovative learning experience to the Vietnamese market, improving the learning experience of local students.Don Le, CEO of Everest Education, shares his vision for the partnership, "Spark Education has invested over $100M into research and development of the VISPARK curriculum, including high-quality animations, interactive courseware, and a proven technology system that has served more than 500,000 students worldwide. We believe that Spark Education's R&D budget is more than the total amount invested by the entire Vietnamese edtech market. By partnering with Spark Education, Everest gains access to the most engaging learning platform with a track record of scaling successfully."
"We are proud to enter into this partnership with Everest Education, who has already established a strong reputation among Vietnamese families for amazing international learning outcomes through their learning centers and online small classes. They will help us localize our global offering for the unique needs of Vietnamese students, and we look forward to empowering K12 students throughout the country together."
Wilson Li, CSO & CFO of Spark Education Group
About Spark Education Group
Founded in 2017, Spark Education Group is headquartered in Singapore. Its portfolio of education brands aims to combine research-based pedagogy with technology to improve the learning experience and outcomes for students. It was recently awarded "Best Interactive Learning Experience" at EdTech Asia in 2022.
CLASS101 | December 08, 2022
CLASS101 (CEO Daisun Kong), South Korea's #1 online class platform, today announced the global consolidation of its subscription service, CLASS101+. In a phased rollout that had begun in August 2022, CLASS101+ had become available on three separate platforms – English, Japanese and Korean. Now, all three will begin sharing each other's class offerings via a globally-integrated product. This latest development is set to accelerate CLASS101+'s foray into the global online learning market, bringing its fast-growing number of subscribers and its 130,000+ registered creators all the closer. Breaking down language barriers is necessarily the most important key to success, and to this end CLASS101 is embracing Neural Machine Translation (NMT). Using this state-of-the-art technology, the company plans on gradually making available its 4,000+ classes across all its subscription platforms together with AI-generated subtitles in English, Japanese, and Korean. CLASS101's new language capabilities are unparalleled domestically, and so is its ability to internalize innovations in personalization and localization. Leveraging both the previously accumulated data and the expanded catalog of classes on offer, the company is actively honing its algorithm to deliver more accurate class recommendations on CLASS101+. Its machine translation capacity is being put to use for all aspects of UI localization, too. Together, these attempts aim to present a more personally gratifying learning experience to each and every subscriber.
"CLASS101 aspires to build a world where people live doing what they love, and the consolidation of our subscription platforms and class content is a momentous step toward achieving our vision on a global scale, The number of subscribers from South Korea has been on the rise, and we're confident that our enhanced ability to serve global users would help us attract more learners from Asia, Europe and the United States. For all intents and purposes, CLASS101+ is now a wholly globalized service, and our hope is for both our subscribers and creators from around the world to inspire one another and discover new and unexpected possibilities for growth and development."
Daisun Kong, CEO of CLASS101.
CLASS101, in fact, has a proven track record of producing content that could reach a global audience. In the past, classes from such famed South Korean creators as InHyuk Lee and Lia Kim (from ONE MILLION Dance Studio) had been translated from Korean into English and Japanese. These translated versions ended up accounting for about 36% of the revenue generated outside South Korea. An even stronger case in point is the fact that a number of classes produced abroad and taught in English were purchased in South Korea without translation. Precedents like these indicate that the sheer desire to learn new skills, hobbies and knowledge has no boundaries, be it lingual or geographical. It goes without noting that CLASS101+ has a truly exceptional roster of internationally-acclaimed creators. Yehuda and Maya Devir, married Israeli comic artists, share how to create webcomics as enthralling as theirs, which have led to their building a community of more than 9 million followers. Kathy Nakajima is a pioneering Hawaiian quilt designer and a renowned media personality in Japan. Hisanori Yoshida, an announcer and an award-winning radio host, teaches effective communication skills. David Yungin Kim is a world-class audio engineer and a three-time Grammy winner who has recently released a class on song mixing. In its fully-evolved form, CLASS101+ will be offering 4,000+ classes in 3 different languages (English, Korean and Japanese) in 25 categories, including digital drawing, crafts, photography, and fitness. For $19.99 per month, subscribers can access them anytime, anywhere.
UnifyWork | November 15, 2022
UnifyWork announced today the launch of its workforce intelligence platform, the first of its kind in the market. Its patented skills-based technology powers local talent networks by coupling the market demand for skills development with equitable hiring to remove the barriers associated with the traditional labor market. A Harvard-Accenture study in 2021 found that there are more than 27 million hidden workers who could work or find better work, but are not considered by the current methods of talent acquisition and development in the U.S. These hidden workers already have, or could acquire the skills needed to succeed. However, there is a siloed system of skills-based education and training in the U.S. that is misaligned, and UnifyWork is fixing it.
UnifyWork's platform replaces the time-consuming resume and application process with a brief assessment that identifies job seeker skills and interests. The platform's skills-based matching algorithm then presents select in-demand jobs – including detailed job descriptions and pay ranges – that align with the candidate's unique abilities and preferences. By leveraging UnifyWork to fill job openings, employers gain access to an untapped talent pool of prequalified candidates that will not find them on traditional job boards. The platform also masks candidate identities until a match between the employer and job seeker is made - minimizing bias in the hiring process. Beyond connecting employers and candidates for the careers of today, UnifyWork is helping ensure the long-term viability of full employment in the region. With UnifyWork, educators, workforce and economic development organizations can get real-time insights on job supply and demand, and assess opportunities to upskill or re-skill talent to meet current and emergent needs, addressing the historic labor shortage head on.
"Across the state, Ohio is creating jobs faster than employers can find people to fill them, and we welcome solutions like UnifyWork that have the ability to match Ohioans with meaningful careers, while supporting local business owners and entrepreneurs, It is critical for companies and institutions from both the public and private sector to collaborate on promoting transparent and impactful hiring practices, and this platform will work to generate a more robust and accessible labor market for all of Cleveland."
Ohio Lt. Governor Jon Husted.
UnifyWork is the fourth breakthrough technology company founded in Cleveland by local tech entrepreneur, Stephen McHale. With his deep experience in big data, machine learning, and leveraging supply chain workflow models, he and his team are determined to transform hiring for good. I love Cleveland and wanted to create a technology that would benefit everyone," said McHale. "That might seem overly ambitious, but I want to support individual and collective thriving in our area. Nothing touches everyone quite the way that work does, whether you are a job seeker, an employer, educator or a professional in workforce or economic development - you care about people being in the right work for their lives. In celebration of its launch, UnifyWork is welcoming its most active users, employers and partners to attend their exclusive launch event on December 7th at the Rocket Mortgage FieldHouse. Attendees will hear from community leaders, and walk away with two tickets to an upcoming Cavaliers game, with a chance to win courtside seats.
UnifyWork is the first workforce intelligence platform powering regional talent networks through its patented skills-based technology. The platform enables more equitable hiring practices, and provides real-time data on job market supply and demand to help regions unleash their full economic potential. Headquartered in Cleveland, OH, UnifyWork is a spin-out of Unify Labs, a 509(a)3 non-profit founded in 2017, with the mission of powering inclusive prosperity.