EDUCATION TECHNOLOGY

ViewSonic Announces Investing in Metaverse for Education

ISTE | June 24, 2022

Remote_Ed_Tech_Solutions
ISTE Live 22 Conference & Expo in New Orleans, Louisiana, June 27–29, 2022, will feature UNIVERSE by ViewSonic, the newest EdTech solution from ViewSonic Corp., a major global provider of visual solutions. An immersive 3D virtual world designed for learning is shown in the beta edition of ViewSonic's UNIVERSE. For times when classes cannot be together in the same physical space, it allows interactive learning experiences that drive engagement, enhance collaboration, and foster a feeling of belonging.

"The pandemic has changed the education landscape, and we've seen how digital innovation and technology has helped the education community overcome unforeseen challenges during this time. Through ViewSonic's continuous commitment to innovation in EdTech, we've created an immersive digital learning platform designed to enhance out-of-classroom learning experiences.  UNIVERSE by ViewSonic aims to support educators teach with more creative freedom within online learning environments."

- Kevin Chu, director of UNIVERSE Business Unit at ViewSonic

Immersive virtual learning environments like classrooms, lecture halls, and collaborative areas are offered by ViewSonic's UNIVERSE. Through individualized avatars, students can communicate with peers and express themselves. They can interact with classmates in a secure digital environment using intuitive controls, making it easy for them to form a personal and meaningful connection. Emojis, realistic spatialized audio, private and group conversations, and all forms of communication can be carried out naturally.

To best meet the needs of each class, teachers can use all-inclusive teaching methods like screen-sharing, showing a video feed, and developing pop quizzes. While this is going on, students can work together in the main learning area through open conversations or separate into individual meeting rooms for more concentrated talks.

Depending on the learning circumstance, teachers can switch between the Lecture Mode and Discussion Mode using features designed specifically for classroom management. Additionally, after every session, teachers may get thorough learning reports that give them data-driven insights for better learning outcomes in a digital learning environment. These reports also give insight into the engagement levels of the students.

Spotlight

Embodied learning or body awareness combines expertise in somatics and physiology, psychology, neuroscience, nueroperception, behaviour and their impact. E.g. It helps leaders create inclusion and trust in seconds, whether in a meeting room, an auditorium, an outdoor event and even on a conference call. It improves listening, non-judgment and emotional connection because it radically improves people’s ability to connect but with far more than just their words, cognitive models and techniques.

Spotlight

Embodied learning or body awareness combines expertise in somatics and physiology, psychology, neuroscience, nueroperception, behaviour and their impact. E.g. It helps leaders create inclusion and trust in seconds, whether in a meeting room, an auditorium, an outdoor event and even on a conference call. It improves listening, non-judgment and emotional connection because it radically improves people’s ability to connect but with far more than just their words, cognitive models and techniques.

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EDUCATION TECHNOLOGY

Flywire Announces Acquisition of Cohort Go to Accelerate Growth with International Education Agents

Flywire | July 14, 2022

Today, Flywire Corporation , a global payments enablement and software company, announced that it has completed the acquisition of Cohort Go, an international education payments provider that brings additional students, agents and essential student services to Flywire. The acquisition will build on Flywire’s existing education business to accelerate the growth of its agent focus and team, deepen its commitment to product and payment innovation, and further invest in Asia-Pacific (APAC), a key geographic focus for Flywire. Cohort Go’s core focus is on providing international students with the ability to make cross-border tuition payments through international agents. Cohort Go’s agent platform is expected to bolster Flywire’s existing agent solutions to deliver even greater value to educational institutions, agents, and students. Additionally, with partner relationships in almost 40 geographies, Cohort Go’s global footprint and penetration in APAC and Latin America also present new growth and expansion opportunities for Flywire. “Recruiting agencies play a critical role in the international student journey by assisting students in finding placements in higher educational and other institutions. “Cohort Go has been prominent in this space, with a network of over 1,000 agent partnerships, including some of the most prestigious student recruitment agencies in the world.” Mike Massaro, CEO of Flywire Massaro continued: “As we continue to invest in our Flywire Advantage – the combination of our next-gen payments platform, proprietary global payment network and industry-specific software – we seek opportunities to embed deeper into the workflows of our clients, agents and payers, with the goal of driving more value for them. Cohort Go’s successful agent platform, global footprint and adjacent services complement our existing capabilities and will help us power the higher education ecosystem into the future.” Growth in international student recruitment indicates strong secular trend Recent research suggests that the international education industry is poised for significant growth. According to new data from the market intelligence firm HolonIQ, 8 million international students will be enrolled with foreign higher education institutions by 2030 – 3 million more than were abroad in 2019 – and that their total spending will amount to more than double what it was before the pandemic. As the demand for higher education accelerates, education agents are expected to play a critical role in international recruitment. Estimates from the international education consultancy, ICEF, suggest that more than 1 million students are placed through agents around the world, and rising. According to a 2021 report from the American International Recruitment Council and the National Association for College Admission Counseling, nearly half (49%) of U.S. colleges who responded were partnered with education agents, which is up from 36% of U.S. in 2017-2018. Agent growth is also on the rise in other popular higher education destination markets like Canada, whose international student population has grown sixfold over the past two decades. Cohort Go was founded in 2012 by industry experts Mark Fletcher and Paul Jones, who combined their respective expertise in banking and commercial software to enable students to pay for their international education using their local currency, saving on fees and transfer rates. Grounded in their aligned vision to deliver value to the broader education ecosystems, the founders continually sought ways to work with education agents, institutions and students alike, and evolved their single solution into an online platform that offers a tailored experience, with capabilities to reduce costs, increase choice and improve productivity. Today, Cohort Go partners with more than 1,000 agents globally. Students from more than 180 countries have leveraged Cohort Go, which services more than 60 currencies with local specialists all over the world. The integration of Cohort Go into Flywire’s existing agent platform will enable Flywire to provide even more value to agents, payers, and educational institutions. Combination of software and payments powers future vertical ecosystems Cohort Go’s strong regional focus in APAC, global agent relationships, and its existing payment infrastructure will help Flywire bolster its global payment network. Cohort Go’s relationships with payment partners all over the world will add to Flywire’s network of partners, further supporting Flywire’s clients and payers across all vertical industries. Additionally, the acquisition of Cohort Go also enhances Flywire’s ability to accelerate Flywire’s roadmap to enable a broader suite of financial services targeted to international students and other payers. Already, Cohort Go is improving the way students pay for and save on health insurance, which augments Flywire’s focus on adding more value through its payer services. “Working with our clients on delivering high-stakes, high-value tuition payments, we’ve continued to discover pain points in the education ecosystem that we believe we’re uniquely positioned to solve,” Massaro continued. “Cohort Go gives us an opportunity to accelerate the investment we have been making to further extend our value proposition to international students. With our Flywire Advantage, we can apply our existing framework of using software to drive value in payments to solve very specific use cases.” Complements strong organic growth The acquisition of Cohort Go is a continuation of Flywire’s long-term plan to supplement its strong organic growth and continually expand across all business lines. The acquisition is expected to be modestly accretive to revenue and Adjusted EBITDA. More details will be shared on the upcoming earnings call scheduled for August 9, 2022. About Flywire Flywire is a global payments enablement and software company. We combine our proprietary global payments network, next-gen payments platform and vertical-specific software to deliver the most important and complex payments for our clients and their customers. Flywire leverages its vertical-specific software and payments technology to deeply embed within the existing A/R workflows for its clients across the education, healthcare and travel vertical markets, as well as in key B2B industries. Flywire also integrates with leading ERP systems, such as NetSuite, so organizations can optimize the payment experience for their customers while eliminating operational challenges.

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EDUCATION TECHNOLOGY

FocalPoint Education and ClassLink Partner to Bring True Adaptive Learning to K-12 Education

FocalPoint Education | July 06, 2022

Today FocalPoint Education, (focalpoint.education) a successful edtech innovation firm announced their new strategic partnership with ClassLink, (classlink.com) a leader in single sign-on, class rostering, learning resource analytics, and account provisioning solutions. The new partnership provides greater access to FocalPoint’s LearningTree AI-empowered adaptive learning LMS through ClassLink’s App Library, extending FocalPoint’s wide SSO (single sign-on) capabilities to an even larger spectrum of solutions. ClassLink’s customers will see FocalPoint’s SSO tile to click for easier access, the same as FocalPoint’s existing clients do today. “This is exciting stuff. “LearningTree uses xAPI data and AI to create true adaptive learning pathways based on each students’ proficiencies. Our ClassLink partnership furthers our strategy to provide education and strategic content partners the full spectrum of FocalPoint’s solutions seamlessly.” Kiran Athota, CEO of FocalPoint Education The LearningTree solution is used extensively by both education agencies and strategic partners. It represents a complete re-thinking of the underlying technology used in most e-learning LMS and assessment platforms. The LearningTree technology represents an extraordinary advance in learning experiences, replacing a traditional architecture that originated in the 1990s when the LMS was invented to manage the distribution of curriculum. "Newer LMS solutions show significant evolution and improvement, yet they are built on an old foundation," says Randall Dennis, FocalPoint's Chief Strategy Officer. “The old foundations are ‘long in the tooth’ and struggle to sustain the needs of education in a post pandemic reality. Kiran Athota and LearningTree helps partners build a fresher, stronger foundation.” ABOUT FOCALPOINT EDUCATION FocalPoint Education is a metro-Atlanta based firm with extensive experience in educational technology innovations. FocalPoint has successfully deployed bespoke enterprise statewide solutions for Georgia, Rhode Island, Maine and North Dakota, as well as school districts in 14 states. FocalPoint provides their innovative xAPI (Xperience API) platform as a service (PaaS) to education organizations to measure and manage teaching and learning. The platform includes LearningTree (an Adaptive Learning LMS leveraging next-gen AI technology), LENS (learning analytics with a recommendations engine and data warehousing), AssessCloud (a solution allowing educators to develop and manage assessments), and Backpack (a blockchain-enabled credentialing portfolio maintaining credentials for life). FocalPoint’s solutions deliver advanced learning analytics to drive student engagement, match digital resources with targeted student needs and support data-driven, personalized learning. All FocalPoint solutions seamlessly integrate with countless third-party edtech solutions. ABOUT CLASSLINK ClassLink is a global education provider of access and analytics products that create more time for learning and help schools better understand digital engagement. As leading advocates for open data standards, we offer instant access to apps and files with single sign-on, streamline class rostering, automate account provisioning, and provide actionable analytics. ClassLink empowers 17 million students and staff in over 2,200 school systems.

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ONLINE EDUCATION

Parchment and EAB to Collaborate to Provide Seamless Application Completion for Educational Institutes

Parchment | June 09, 2022

On June 8th, Parchment, prominent academic credentials management provider, announced that it is teaming up with EAB, a leader in education research, marketing, and technology. The partnership will enable EAB undergraduate institutions to integrate Parchment to request transcripts and other supporting admission documents. "For more than 30 years, EAB has worked to reduce barriers to student enrollment. Partnering with Parchment gives our college and university partners another way to reduce friction in the application process to help boost their enrollment." - Chris Marett, President of Marketing and Enrollment Solutions at EAB Educational institutions who are currently using Parchment will get a seamless integration of these new applications into their existing workflow. It will allow administrators to save time and significant resources, as well as have the peace of mind that learner data and records are secure. "The people at EAB and Parchment believe that postsecondary education transforms lives. We are excited about this partnership as it smooths the path for learners in pursuit of their postsecondary goals. Our platform was built to create a seamless exchange of credentials and our partnership with EAB will help Admissions Offices efficiently collect and process applications, getting decisions to learners faster and increasing their likelihood to enroll." - Kevin Martin, General Manager of Higher Education at Parchment "High schools and districts are under-resourced and strapped for time. Giving Counselors and Registrars a streamlined way to support their learners' college pathway will give them back much needed time to engage with their learners in meaningful ways." - Sarah Kiley, General Manager of K-12 at Parchment

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