Sector News

How Education Technology Calmed the Storm for Students Amid Coronavirus Michael Jurgen Garbade

July 23, 2020
Borderless Future

The coronavirus pandemic has taken a direct swipe across several industries such as manufacturing, finance, and healthcare among others. It has also affected the education sector.

Around 1.2 billion students and youth are or were forced to study from home as a result of the virus that has already killed more than 483,000 people globally.

But this is not where the story ends. For some, it’s where it begins. A crisis likes this requires us to question our methods of teaching and learning. Big and small companies are coming up with novel solutions for the education challenges posed by the virus. The future of education is unfolding right before our eyes as digital learning takes center-stage.

Education institutions and stakeholders form partnerships.

Students have to continue learning even if it means using alternative methods. Over the past several months, we have seen governments, private and public companies, publishers, educators, and technology providers forming partnerships to find a temporary solution to the ongoing crisis. China launched a remote program to keep students learning. Primary school students received their educational material on national television.

When governments began locking down their countries, many tech giants such as Facebook, Google, and Twitter encouraged their employees who could work from home to do so. Twitter and Square employees will continue working from home even when the coronavirus is contained.

Working from home was only a temporary solution. However, it has become permanent for some employees. This, in turn, will have domino effects that can potentially extend beyond the tech industry. While the online education sector has been growing even before the start of the virus, we are likely going to see a scenario where more students opt to learn from home. It is still very early to say goodbye to onsite learning. There will always be students who prefer mortar-and-bricks classrooms.

Ed tech companies prepare for an influx of users.

Technology has become a very important factor in the delivery of education. Existing edtech companies know that. The majority of them are preparing to handle an influx in the number of users on their platforms. Education Ecosystem has been scaling content on its platform to give users a variety of practical projects to learn from. Users can complete a variety of practical projects such as using machine learning in stock trading or creating a login system for a game in Unity among others. These vary in nature and they are provided by vetted experts who have many years of experience in their career fields.

Other growing edtech companies are knocking on the doors of venture capital firms to raise funds to sail through these times. New Markets Venture Partners, an edtech VC, has seen an increase in the number of education companies reaching out to them for investments, said the firm’s general partner Jason Palmer. The bottom line is that education companies see an opportunity that extends beyond the coronavirus pandemic.

The future of online education.

Here in Europe and across the globe, education companies have become a lifeline for the millions of students who can’t attend physical classes due to the coronavirus pandemic. The pandemic pushed the world toward an experiment of working or learning from home.

It is no longer just an experiment. It could be the future of education. There is still a long way to go before remote learning becomes the major norm internationally. But this pandemic has shown us what the possibilities are. And with education companies coming on board to save the day, they have set for themselves a future where anything is possible.

By: Michael Jurgen Garbade

Source: Entrepreneur

comments closed

Related News

October 2, 2022

Why AI-Managed supply chains have fallen short and how to fix them

Borderless Future

Why hasn’t artificial intelligence fully transformed supply chains? Several years ago, some of us predicted that AI-powered automation would lead to “the death of supply chain management.” However, despite heavy investments, companies have not realized the vision of AI-managed supply chains.

September 25, 2022

Motivations for work are changing

Borderless Future

According to our survey, only 22% of workers globally rank compensation as the thing that matters most to them in a job. This isn’t to say that people will accept a job without fair pay: Compensation still ranks higher than all other job attributes. But it’s evident that a coin-operated view of workers, where firm leaders see employment as a purely financial transaction, underestimates the deeper human motivations for work.

September 17, 2022

The Future of Work now: Pharmacists and the robotic pharmacy at Stanford Health Care

Borderless Future

In November 2019 Stanford Health Care moved into a new hospital building. With seven stories and 824,000 square feet, the hospital required over a decade and two billion dollars to plan and construct. Most descriptions of the hospital focus on the airy private patient rooms or the state-of-the-art operating rooms, but one of the most technologically sophisticated aspects of the building is found in the basement.