Edtech (Listing 10 best Edtech's)

By S Adeeb Mujtaba Ali

 According to Top Hat, Educational technology is a term that represents a wide assemblage of hardware and software for teaching and learning to be used in college and university. It is also called Ed Tech, for enabling an environment for improved learning, to ultimately boost students' outcomes engagement, participation, and access to cutting-edge technology.

Ed Tech on a broader scale refers to the use of technology that helps in facilitating collaboration in an active learning environment. Ed Tech usage provide the educators digitalized tools that have automized the teaching-learning process. On one side where we see this as a great inventory another side, it's not. of course in the fast pace, world technology has helped us in finishing any task in less time in an organized way with the least errors. A major drawback however remains is Ed Tech has disturbed the original teaching-learning process. 

In spite of the cons, edtech market is blooming with several innovations. It has become very easy to set up an edtech startup. There are many government fundings for promising startups. This fusion of technology with education is headed towards a promising future. This jamming not only made the teaching-learning process fun but also prepared students to voice their opinion.

Presently, the market requirements for edtech are in high demand. Various edtech startups are emerging with innovative and personalized products and CRM (client relationship management) services resonating with their clients' demands.

Some of the celebrated Edtech which are leading the show are:

1. Blackboard:

 Since 1997

Based in Washington

Mission to disrupt online education

Valuation $70 Million

2. Byju’s

Since 2011 first name :Think and Learn Pvt Ltd

 Based in Bengaluru, India

Mission or Aims to provide students with best technology based Education main focus on Maths and Science.

Valuation $5.4 billion as of 2019

3. Teachers Pay Teachers

Since 2006

Based in New York City

Aim at connecting teachers with other teachers for sharing, buying and selling study material.

Valuation not known

4. Dreambox Learning

Since 2006

Based in Seattle

Subject focus Mathematics

Student-focused, intuitive, and calibrated program.

Valuation not known

5. Coursera

Since 2012

Based in Mountain View, California

E-learning platform connecting 150 universities. Offering many free and paid certificate courses

Valuation $313 Million.

6. Instructure

Since 2008

Based in Salt Lake City, Utah

Mission Connecting more than 3000 universities, combining LMS and MOOC for imparting education

Valuation not known

7. Knewton

Since 2008

Based in New York City

Focus on adaptive learning

Valuation $182.3 Million

8. Chegg

Since 2005

Based in Santa Clara, Cliff

Aim online tutoring, homework, and e-learning. In addition, students can buy, sell or rent books.

Valuation not known

9. DONORSCHOOSE

Since 2000

Based in New York City

Aim a non profit organisation, works on external funding by connecting students and funders. Focus practical learning through projects

10. Simplilearn

Since 2010

Based in Bengaluru

Mission providing certificate professional courses to open job oppurtunities

Valuation  $31 million in funding

Conclusion:

Irrespective of geographical location, it feels good to know people have been doing everything best in their capacity to make education easy for all.

Aatma Nirbhar Bharat(ANB)

 By

S Adeeb Mujtaba Ali

 ANB (self-reliance India) 

Glimpse

Aatmanirbharbharat (mygov.in)

To be continued

Indian education sector-2

...continued

By, S Adeeb Mujtaba Ali

 Major Initiatives are taken up by government:

 November 2020:                                                                                                                                        The Indian Central Medicine Council (CCIM), which governs medical study and practice of Ayurveda, amended the 2016 regulations of the Indian Medicine Central Council (postgraduate Ayurveda education) to allow Ayurveda PG students to practise general surgery.

Two future-ready Ayurveda institutions—the Institute of Teaching & Research in Ayurveda (ITRA), Jamnagar, and the National Institute of Ayurveda (NIA), Jaipur, were dedicated by our Prime Minister, Mr Narendra Modi to forge interdisciplinary collaborations and give a contemporary boost to Ayurveda.

 Digital Skills Academy, by IIT Madras, launched training courses for banking, financial services and insurance sector.

All India Council of Technical Education (AICTE) inaugured 46 online AICTE training and learning (ATAL) academy faculty development programmes (FDPs) on ‘molecular manufacturing’ in a drive to develop and train its faculty worldwide.

  Prasar Bharati (India’s public broadcaster) entered into an MoU with the Ministry of Electronics and Information Technology to launch 51 direct-to-home (DTH) education TV channels.

Government allocated Rs. 59,845 crore (US$ 8.56 billion) for the Department of School Education and Literacy.According to Union Budget 2020-21

Announcement of revitalising Infrastructure and Systems in Education (RISE) by 2022 in Union Budget 2020-21 and proposed an outlay of Rs. 3,000 crore (US$ 429.55 million).

Under Union Budget 2020-21,  apprenticeship embedded degree/diploma courses by March 2021 in about 150 higher educational institutions proposed by the government.

In 2030, it is estimated that India’s higher education will:

Combine training methods that involve online learning and games, and is expected to grow 38% in the next 2-4 years.

-Adopt transformative and innovative approaches in Higher education.

-Have an augmented Gross Enrolment Ratio (GER) of 50%.

-Reduce state-wise, gender-based, and social disparity in GER to 5%.

-Emerge as the single largest provider of global talent with one in four graduates in the world is a product of the Indian higher education system.

-Be among the top five countries in the world in terms of research output with an annual R&D spend of US$ 140 billion.

-Have more than 20 universities among the global top 200 universities.

Besides focusing on new education techniques, such as E-learning and M-learning. Various government initiatives are being adopted to boost the growth of the distance education market

Education sector has seen a host of reform and improved financial outlays in recent years that could possibly transform the country into a knowledge haven.  In the current decade, the development of education infrastructure is expected to remain the key focus. In this scenario, infrastructure investment in the education sector is likely to see a considerable increase. With human resource increasingly gaining significance in the overall development of the country

The Government of India has taken up several steps like opening of IIT’s and IIM’s at new locations, allocating educational grants for research scholars in government institutions. Furthermore, with the online mode of education being used by several educational organizations, the higher education sector in India is set for major change and development in the years to come.

#sti

Reference:

Education & Training Sector in India: Education System, Growth & Market Size | IBEF