VR Education lays groundwork for virtual reality upsurge

proactiveinvestors | March 04, 2019

VR Education Holdings PLC's (LON:VRE) focus is not entertainment or gaming but the education sector.March saw the release of its latest showcase virtual reality experience, called Raid on the Ruhr and based on the Dambusters raid.Company has already released award-winning experiences Apollo 11 VR, Titanic VR and 1943: Berlin BlitzShowcase will be added to ENGAGE platform where educators and corporate trainers can create their own learning content. VR Education is focused on the benefits virtual reality can bring to education, with immersion and the remote connection opportunities as key drivers.The online student market especially will be perfectly suited to the immersion and remote aspects of VR, says CEO Dave Whelan.Even before its integration into the Oculus Go headset, VR Education’s Apollo 11 experience had already been downloaded more than 120,000 times and generated over €1mln in revenue for the group.Raid on the Ruhr, launched in March, allows users to experience the famous 1943 mission first-hand as they fly the Lancaster bomber from the UK to the Ruhr Valley. “Building on our previous research with the BBC while creating the Berlin Blitz experience, we have created this new title from the ground up providing users with more control as they fly the Lancaster to its target and drop the famous bouncing bomb on the Möhne and Edersee Dams.”

Spotlight

Udemy, Inc. is a global destination for teaching and learning online. It was founded in May 2010 by Eren Bali, Gagan Biyani, and Oktay Caglar

Spotlight

Udemy, Inc. is a global destination for teaching and learning online. It was founded in May 2010 by Eren Bali, Gagan Biyani, and Oktay Caglar

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BoomerangFX E-Learning platform expands to Asia-Pacific and Europe

BoomerangFX | November 23, 2022

BoomerangFX, a cloud-based, global integrated practice management software, digital marketing, and educational solution provider to the private-pay aesthetic medicine industry, is expanding its reach beyond North America. Having experienced demand for its e-learning solutions across Asia-Pacific and Europe, the company's educational platform, BoomerangFX LEARN, recently surpassed 10,000 participants worldwide. "We are seeing explosive consumer demand globally for highly effective, non-invasive treatments across all ages and demographics. This trend has driven an unprecedented number of new entrants launching aesthetic medicine practices, including traditional physicians, leaving managed care in droves to enter the lucrative, cash-based "med spa" industry. New non-invasive technologies, like the highly popular radio frequency fractional needle-based Morpheus8, introduced by global medical device leader, InMode Ltd. (Nasdaq: INMD) ("InMode"), have been a worldwide phenomenon and created a whole new category for safe, effective, office-based, and non-invasive treatments for facial and body reshaping." Jerome Dwight, CEO and Co-Founder of BoomerangFX The med spa industry continues to grow at double-digit rates and is proving to be recession resilient. With the entrance of 80 million millennials to the already engaged 80 million baby boomers, half of all North American consumers are potential clients for the cosmetic enhancement industry. Recent trends highlight that virtually every age group over 20 years, including both men and women of various socio-economic stature, is seeking out non-excisional and minimally invasive treatments that provide faster and highly effective outcomes without the downtime and risks of cosmetic surgery. Additionally, Dwight shared, "The industry is still in its infancy, and physician owners are seeking a global standard in training, certification, and ongoing support for their staff in basic and advanced techniques. They want to utilize the most popular technologies, like the Morpheus8, along with combination therapies that include a range of complimentary treatments such as the injectable Botox and soft tissue fillers, as well as non- and minimally invasive radio frequency devices and lasers. Alongside our core markets in North America and Mexico, we are seeing massive global demand in the United Kingdom, European Union, Indonesia, Philippines, Thailand, and Australia for cutting-edge learning delivered digitally. Doctors who are leaving managed care for the enhancement med spa space also need assistance in managing and marketing a private pay practice in the digital era, and our BoomerangFX LEARN platform can provide those much-needed educational tools and support. BoomerangFX currently offers hundreds of educational videos and webinars, certification programs, and content that cover a spectrum of training techniques and foundational business principles on how to launch, advertise, build, and manage a successful med spa practice. The educational resources, training videos, and companion materials are authored by BoomerangFX co-founder, Dr. R. Stephen Mulholland, one of the world's foremost authorities on cosmetic surgery, non-invasive aesthetic medical devices, and practice management. Mulholland was one the early pioneers in non-invasive aesthetic medical treatment technologies and helped to develop the underlying radio frequency technology and devices for InMode, which is one of the fastest-growing medical device companies globally. "I had the vision to launch the world's first and only specialized e-learning solution for the aesthetic medical market to enable future practices to learn the newest techniques and proven strategies to build and succeed in this exciting new industry," added Dr. Mulholland. Along with its e-learning cloud-based platform and solutions, BoomerangFX serves the aesthetic medical market with the industry's most advanced software as a solution (SaaS) practice management system, BoomerangFX RUN. It combines intuitive dashboards, integrated electronic medical records, scripting, patient workflow management, accounting, and scheduling. The BoomerangFX SaaS platform includes the industry's only fully integrated digital advertising and lead management solution, called GROW, which utilizes artificial intelligence and data science to optimize advertising on Google, Facebook, and other social media platforms to geo-target ideal customers for its med spa clients. Further, we complemented our software solution with virtual practice management consulting and coaching services, called OPTIMIZE. This additional unique feature, along with our integrated digital marketing and e-learning platform, is exactly what this new and dynamic industry needs to capitalize on the massive consumer demand. The team at BoomerangFX has worked diligently to provide these revolutionary platforms and we could not be more thrilled to be the global foundational platform driving the aesthetic medical market forward," Dwight continued. About BoomerangFX BoomerangFX is North America's fastest-growing cloud-based practice management company specializing in the aesthetic medicine industry. Co-founded by the globally recognized plastic surgeon and entrepreneur, Dr. R. Stephen Mulholland, along with technology entrepreneur and banking executive, Jerome Dwight, BoomerangFX revolutionized the private-pay aesthetic medicine industry by introducing the first turnkey practice management and digital marketing platform by seamlessly integrating digital ad placements, lead generation, electronic medical records (EMR), scheduling, customer relationship management (CRM), invoicing, and accounting in a single cloud-based service.

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EDUCATION TECHNOLOGY

Anthology Adds Data Security and Privacy Certification with Additional Solutions

Anthology Inc | January 24, 2023

Anthology, the largest EdTech ecosystem for education on a global scale, announced on January 23, 2023, that it would support more solutions with certifications for data security and privacy. The company, which provides educational solutions supporting the entire learning cycle, has now expanded its ISO 27001 security certification feature. After integrating Anthology and Blackboard in October 2021, one certification would combine Blackboard Learn, Anthology Ally, Anthology Student, and Anthology Reach. Furthermore, Anthology Encompass, Anthology Engage, Blackboard SafeAssign, and Blackboard Data attained ISO 2001 certification. Complete solutions approved by ISO 27001 are also approved for cloud service security controls and data privacy protection practices. An independent third-party auditor has confirmed that ISO 27001 certification is recognized globally for its best international security management practices and overall security controls. Thus, this certification guarantees that Anthology's security program satisfies high security and privacy standards. Richie Rodriguez, Chief Information Security Officer at Anthology, said, "Data security and data privacy are foundational elements of the learning journey. This expansion of certification by independent experts signals to learners, instructors and administrators that Anthology is committed to delivering the highest level of safety and security. Our team puts security and data privacy at the center of our product development and management lifecycle process, an approach that ensures our solutions will continue to provide seamless, industry-leading protection so learners can focus on achieving their goals." (Source – Cision PR Newswire) The mentioned products got certified for ISO 27017 and ISO 27018 as well. ISO 27017 establishes security protocols for cloud services, while ISO 27018 contains specifications for protecting personally identifiable information (PII) in public clouds. About Anthology The company supports over 150 million learners in 80 countries as well as educational institutes worldwide. It provides approximately 60 SaaS products and services dedicated to promoting learning. In addition, it serves the global education community with dynamic, data-informed events that will assist learners and instructors in achieving their objectives.

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EDUCATION TECHNOLOGY

PowerSchool Updates Solutions to Personalize Learning and Boost Operations

PowerSchool | January 31, 2023

On January 30, 2023, PowerSchool, a provider of cloud-based software for K-12 education, released updates for its PowerSchool Unified InsightsTM and PowerSchool Unified Classroom® solutions. The updates include LearningNav and ContentNav, new data-driven personalized learning products, and a new resource library inside Unified Insights MTSS, providing educators with verified, research-backed tools and strategies. The company also announced time-saving software Clouds, designed to give educators a more connected approach to engaging, planning, and monitoring the unique needs of their students. The National Assessment of Educational Progress's latest "National Report Card" results show the impact of learning disruptions that students have experienced. It illustrates declines in math and reading for fourth and eighth graders in the United States, with math scores experiencing the greatest drop since NAEP testing began in 1990. Each student is at a different stage in their learning journey, indicating that educators require tools and resources to address individual student needs, personalize learning, and optimize their operations. The updates, expected to roll out in the first half of 2023, provide the following: LearningNav, an intelligent platform using machine learning and AI to provide personalized learning paths that adjust to the student's needs. An educator can view a student's starting point, select learning goals, and then review a constantly adapting personalized pathway recommendation for that student. Once the pathway is assigned, students can cover it at their own pace. ContentNav, an update to Unified Classroom, is a one-stop shop for high-quality, pre-approved content that simplifies access to resources such as district-created materials, curated partnership content, and open education resources, which will support teacher instruction. Resource Library, released by PowerSchool Unified Insights MTSS to help educators address students' individual needs. This library will provide educators with vetted, research-backed strategies and tools. The company's new Clouds, that are persona-specific options that have been integrated and built to enhance how educators serve their students by bringing all necessary tools into one centralized location. The six Cloud types offered are Student Information Cloud, Personalized Learning Cloud, Educator Recruitment Cloud, Educator Effectiveness Cloud, Student Success Cloud, and Workforce Development Cloud. About PowerSchool Based in Folsom, California, PowerSchool provides cloud-based K-12 education software. Its mission is to supply the education ecosystem with unified technology that enables educators and students to fulfill their potential in unique ways. Schools and districts can manage state reporting and related compliance, finance, human resources, special education, talent, registration, funding, learning, instruction, assessments, grading, attendance, and analytics in one unified platform. The company serves around 45 million students worldwide, with 12,000+ customers, and sells solutions in over 90 countries.

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