The latest news and information about startups and innovations in education.
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The amount spent globally on education technology is expected to reach $342 billion by 2025, as EdTech is globally considered to be a viable way to address increasing learning demands. In parallel, a growing body of evidence supports learning through play as fundamental for children’s positive development. Leveraging technology to enhance the experience of learning through play will not only help revolutionize education systems, but also ensure our children are empowered to thrive now and in the future.
The United States has the largest number of edtech companies and the most venture capital funding for those companies, according to a report released this week from the UK-based industrial and electronics company RS Components.
A survey conducted by Teacher Tapp said that 54% of teachers were unlikely to trust claims made by edtech providers. Every school has a story of a piece of technology or a service purchased that was misunderstood, mis-sold or poorly implemented. Every school has their ‘cupboard of shame’, real or virtual, where ill-advised purchases gather dust out of view.
As an industry, we must do better to educate the educators on what our products offer in their context.
When it comes to implementing new technology initiatives, gaining support from school boards is key. Ultimately, school boards make decisions on how to best allocate funds to meet students’ needs and enhance learning. They also keep track of the progress and outcomes of these investments, ensuring that taxpayer dollars are spent wisely.
It’s fair to say that edtech is far from the darling of European tech. With zero unicorns, it’s lagging behind almost every other sector in terms of innovation and success. With billions flying around everything from bank accounts to dating apps, it’s difficult to understand why more time and money isn’t being invested into education. This article discusses the situation with regards to the market size and opportunity, internal resistance, government support, and edtech investment.
Laura Truncellito- Laura is the founder and CEO of Language Scholars, LLC, a company which seeks to utilize cutting edge technology to enhance global learning and communication. email@example.com
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