Pareteum for Schools, Universities, and Education Technology (EdTech)
Over the last few years, the education landscape has evolved in several important ways. For example, an uptick in remote learning has led many schools and universities to adopt e-learning and education technology (EdTech) solutions, along with a host of other digital tools for both classroom and administrative work.
These advances won’t be going away anytime soon, either. According to the World Economic Forum, students retain 25-60% more material when learning online compared to the classroom. As such, in the years to come, digitization is likely to become an essential feature of the education environment.
Global venture capital funding for EdTech increased from 500 million U.S. dollars to 7 billion U.S. dollars between 2010 and 2019.
(Ai Multiple)
83% of higher education institutions are on their way to full-fledged digital transformations. (EDUCAUSE)
The global EdTech market was valued at 89.49 billion U.S. dollars in 2020 and is expected to generate a CAGR of 19.9% from 2021 to 2028. (Grand View Research)
The Rise of Education Technology and the Digital Classroom
EdTech is evolving rapidly. As a result, online and in-person academic institutions have been adopting digital tools in growing numbers, enabling them to improve student experiences, generate revenue, and build more robust communities and alumni networks.
EdTech developers and academic institutions have focused especially on:
- Making education more accessible.
- Creating durable relationships with students, faculty members, alumni, etc.
- Improving outreach via digital channels for communication and fundraising purposes.
- Optimizing security for digital learning solutions.
Pareteum's Products and Solutions
Pareteum offers a full suite of products and solutions for schools, colleges, universities, EdTech developers, and more!