Amazing Growth of Online Education & E-learning Market

3w Market News Reports | June 20, 2020

Online Education & E-learning Market research report growth rate, prices, market size, trading, and key vendors of the industry’s information with forecast from 2020 to 2027. This research report also combines industry-wide statistically relevant quantitative data and relevant and insightful qualitative analysis. This report has published stating that the global Online Education & E-learning Market is anticipated to expand significantly at Million US$ in 2020 and is projected to reach Million US$ by 2027, at a CAGR of during the forecast period. This is a latest report, covering the current COVID-19 impact on the market. The pandemic of Coronavirus (COVID-19) has affected every aspect of life globally. This has brought along several changes in market conditions. This study also provides an in-depth analysis of the global market with future estimates to identify current trends and investment trends for the forecast year 2020-2027.

Spotlight

EdTechReview (ETR) is a community of and for everyone involved in education technology to connect and collaborate both online and offline to discover, learn, utilize and share about the best ways technology can improve learning, teaching, and leading in the 21st century.Check out this infographic that contains the most recent stats about the state of e-learning market in 2018.


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EDUCATION TECHNOLOGY

Southeastern Career Center Selects PowerSchool to Improve Districtwide Collaboration and Student Performance Monitoring Capabilities

PowerSchool | May 17, 2022

PowerSchool (NYSE: PWSC), the leading provider of cloud-based software for K-12 education in North America, today announced Southeastern Career Center (SCC) in Versailles, Indiana has selected PowerSchool Student Information System (SIS) and PowerSchool Ecollect Forms as its primary learning management tools for the 2022-2023 academic year. Through these PowerSchool solutions, SCC will benefit from a unified system capable of increasing districtwide collaboration, providing access to student performance metrics in real-time, and creating, editing, and sharing online K-12 forms in a singular platform, among other benefits. “Thanks to PowerSchool SIS, we have improved our ability to communicate and share information swiftly with parents and students across the district, thereby alleviating a former pain point our district faced on a regular basis, PowerSchool’s overall intuitiveness and ability to facilitate everything from student performance monitoring to administrative reporting have been great value adds to our district. We look forward to having PowerSchool fully integrated within our district later this year.” - Quatara Askew, Southeastern Career Center Data Specialist. PowerSchool SIS’s intuitive, all-in-one platform has already helped SCC improve staff collaboration, parent-student-teacher communication, and reporting efforts. Similarly, Ecollect Forms has helped SCC efficiently create, distribute, and collect everything from digital surveys to e-learning consent forms, thereby freeing staff from excessive paperwork and data entry – all within PowerSchool SIS’s cohesive interface. Prior to PowerSchool, SCC did not have an SIS in place. SCC managed student information tracking and reporting through manual methods such as spreadsheets and physical filing systems. While functional, SCC faced several operational pain points due to the disparate tracking methods and began looking to pivot operations to a centralized SIS platform. “The benefits Southeastern Career Center has seen through utilizing PowerSchool solutions shows the positive impact technology can provide to schools, We are proud to support SCC through their digital transformation journey and look forward to helping them create optimal learning outcomes for students both this school year and into the future.” -Craig Greenseid, PowerSchool Chief Revenue Officer. Founded in 1966, SCC is the longest running career center and co-op system serving 12 schools within six counties in Southeastern Indiana. SCC offers a variety of career and technical education courses, including opportunities to acquire post-secondary credentials and dual-college credits. About PowerSchool PowerSchool (NYSE: PWSC) is the leading provider of cloud-based software for K-12 education in North America. Its mission is to power the education ecosystem with unified technology that helps educators and students realize their full potential, in their way. PowerSchool connects students, teachers, administrators, and parents, with the shared goal of improving student outcomes. From the office to the classroom to the home, it helps schools and districts efficiently manage state reporting and related compliance, special education, finance, human resources, talent, registration, attendance, funding, learning, instruction, grading, assessments and analytics in one unified platform. PowerSchool supports over 45 million students globally and more than 14,000 customers, including more than 90 of the top 100 districts by student enrollment in the United States, and sells solutions in more than 90 countries.

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CONTINUING EDUCATION

Unrivaled reach across higher education markets: THE acquires Inside Higher Ed

Inside Higher Ed | January 11, 2022

THE (Times Higher Education), the world's leading provider of higher education data and insights, is delighted to have completed the acquisition of Inside Higher Ed, the U.S. provider of news, analysis and solutions for universities and colleges. The acquisition brings together two of the leading brands in global higher education, with combined audiences exceeding 50 million unique users per year, encompassing university leadership, faculty, professional staff and students, as well as policy makers and others. Inside Higher Ed, founded in 2004, reaches an annual audience of 25 million, consisting primarily of higher education professionals in the U.S., with its independent news and analysis, industry insights, jobs board and other tools and services. It joins THE's portfolio of companies at an exciting time. With offices in the UK, U.S., Australia and Singapore, THE was acquired by Inflexion Private Equity in February 2019 following a period of rapid global growth. Celebrating its 50th anniversary in 2021, THE continues to provide news, insights and thought leadership, and works with thousands of universities globally, collecting data from more than 3,500 institutions, and working with 800 clients across its data, consultancy and hiring services. It is also known for its events, including the flagship THE World Summit Series, which engaged over 45,000 people globally in 2021. Inside Higher Ed will continue to operate independently under its existing brand. The two businesses will bring together their expertise, relationships and insights, and together will have unrivaled reach across the world's key higher education markets. This combined scale and their complementary strengths and services will enable THE and Inside Higher Ed to enhance their shared mission to provide news, information and services that help colleges and universities to analyze and improve their performance whatever their strategic goals. Scott Jaschik, who founded Inside Higher Ed with fellow co-editor Doug Lederman, said: "We are thrilled to be joining forces with THE, especially during this period of growth. We have often collaborated with THE and this new chapter in our relationship will allow us to be more effective than ever at informing the world about higher education, while also expanding our ability to provide essential tools and services to help organizations and professionals be more effective." "The rapid organic growth that THE has seen in recent years has been driven by its evolution into a powerful, global data business. Now, with the backing of our investors at Inflexion Private Equity, we are in a position to further strengthen our position in the market through strategic acquisitions. We see Inside Higher Ed as an ideal partner as we continue to extend our reach and the services we offer. It is a business that shares THE's values and mission to support excellence in higher education, and we look forward to working with Scott, Doug, Inside Higher Ed CEO Dari Gessner and the wider Inside Higher Ed team, so that together we can do even more to support universities and colleges across the US, and the rest of the world." Paul Howarth, CEO at THE ABOUT THE THE is the world's most authoritative source of data, analysis and information on higher education, with five decades' experience dedicated to the field: www.timeshighereducation.com ABOUT Inside Higher Ed Founded in 2004, Inside Higher Ed provides the latest news, analysis and solutions for the entire higher education community: www.insidehighered.com.

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TALENT DEVELOPMENT

Zovio Receives Recognition from the Textbook & Academic Authors Association

zovio | April 23, 2022

Zovio (Nasdaq: ZVO), an education technology services company, announced today that two of its textbooks have received Textbook & Academic Authors Association (TAA) awards. The TAA is a national organization dedicated to supporting textbook and academic authors. Each year the organization's annual awards attract publisher and author submissions from all over the United States. Published by Zovio, Organization Development: An Action Research Approach by Laura Bierema received the 2022 Textbook Excellence Award, and Introduction to Employment Law by Gwen Seaquist received the 2022 Most Promising New Textbook Award. "These awards recognize our commitment to creating and providing quality educational products and services to our university partners and the students they serve, Congratulations to Zovio teammates Laura L. Bierema and Gwen Seaquist, who authored the award-winning books." -Randy Hendricks, Zovio CEO. The Forbes School of Business and Technology® at the University of Arizona Global Campus has procured both texts to support student learning in undergraduate business programs. "We are thrilled about the recognition of these texts and congratulate both authors and the Zovio team on this esteemed honor," said UAGC Provost and Senior Vice President Dr. Sarah Steinberg. As a provider of education technology services, Zovio partners with higher education institutions and employers to deliver a suite of innovative solutions and learning experiences that support student achievement and help institutions achieve their missions. About Zovio Zovio (Nasdaq: ZVO) is an education technology services company that partners with higher education institutions and employers to deliver innovative, personalized solutions to help learners and leaders achieve their aspirations. The Zovio network, including Fullstack Academy and TutorMe, leverages its core strengths to solve priority market needs through education technology services. Using proprietary advanced data analytics, Zovio identifies the most meaningful ways to enhance the learner experience and deliver strong outcomes for higher education institutions, employers, and learners. Zovio's purpose is to help everyone be in a class of their own.

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EDUCATION TECHNOLOGY

BrightCHAMPS acquires Education10x, the world's first financial literacy education platform for children

BrightChamps | February 08, 2022

Goa-based global edtech platform, BrightCHAMPS, announced the acquisition of Education10x, a financial literacy education platform for children, in a cash & stock deal on Tuesday. The acquisition is in line with BrightCHAMPS' vision of providing a one-stop solution for future-ready life skills to children in the K-12 segment. 18-month-old Education10x was founded by IIM-Calcutta alumni Gyan Tiwari, Prasanna N Muley and Bhavishya Chaurasia. The company has developed the world's first gamified finance program for young children and teens from 8 to 16 years of age. The program's interactive curriculum is delivered in a live, 1-on-1 class model by finance professionals who hold CA and MBA degrees. Education10x currently offers classes to students from 20 countries, including Saudi Arabia, Kuwait, US, Canada, UAE, Qatar, Bahrain, and Oman. Announcing the deal, Ravi Bhushan, Founder & CEO, BrightCHAMPS, said, "At BrightCHAMPS, our aim has always been to equip children with all the next-generation future-ready skills which they will need to lead fulfilled, successful lives. We believe financial literacy is one of the best gifts that can be provided to the children. Aware and progressive parents across the globe have already started realizing its importance and we are already seeing an amazing early interest from people across the world. With that in mind, we're delighted to welcome Education10x, with its demonstrable track record of achieving phenomenal learning outcomes within the financial literacy for children's space, to the BrightCHAMPS family." "Education10x was started with the mission of teaching the critical life skill of financial literacy to children overlooked by current education systems. Over the last 18 months, we've seen tremendous response from parents and children globally and now with the support of BrightChamps, we will be further investing heavily in global expansion, launching new courses in cryptocurrency and entrepreneurship, hiring across verticals and building products that can provide an even more sophisticated experience for children." Gyan Tiwari, Co-Founder, Education10x Launched in 2020, BrightCHAMPS has presence in 30+ countries and was valued at $500 million in August 2021, after raising $63 million. It currently employs thousands of educators who deliver tens of thousands of classes around the world every month, for children in the age group of 6-16 teaching them next-generation future-ready skills for thriving in the modern world.

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Spotlight

EdTechReview (ETR) is a community of and for everyone involved in education technology to connect and collaborate both online and offline to discover, learn, utilize and share about the best ways technology can improve learning, teaching, and leading in the 21st century.Check out this infographic that contains the most recent stats about the state of e-learning market in 2018.

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