As teachers and administrators strive to improve student performance and graduation rates, they're increasingly leveraging new Educational Technology (EdTech) to deliver a higher quality learning experience. To gain a competitive advantage, EdTech market players are integrating advanced technologies such as augmented reality (AR), virtual reality (VR), artificial intelligence (AI), robotics, and Blockchain that are set to be the largest revenue contributors to the education sector in the coming years. In the UAE, 1.2 million school and university students started their e-learning journey a year ago with the onset of the pandemic, which has fueled the surge of EdTech startups. The EdTech sector has been gaining significant momentum, leading to an acceleration of investments in 2020. For instance, the regional EdTech companies raised almost $4m in March last year.
Rationalize and streamline – that's what advanced technologies demand today. In the sphere of education, there is EdTech to make a difference by the means of tech advancements. Through state-of-the-art tools and powerful techniques, educational technologies assist students with their academic efforts and ease the burden of the teachers' mission. Artificial intelligence (AI) has a treasure trove of tools to help the education industry make headway into the future. We'll take a gander in depth.
We invest in early-stage companies that develop tools, applications, content, and services to improve education opportunities for all children. 2 2017 Reach Capital. About Reach Capital 3. 3 At Reach, we believe in... Learning that... Technology that... Have a sense of purpose and actively pursue it Are empathetic, caring, and connected Work together to solve problems and improve the world Enables and respects a person's agency and voice Exposes one to broad perspectives, places, and challenges Enables meaningful human interaction Minimizes boundaries and deepens connections between people Enhances and scales effective practices Increases access to quality education Communities where people... 2017 Reach Capital. Today's students are mobile and always connected Photo sources: Express Newspapers 2015, Mr. Martin's Web Site, MacStories 2017, Independent Digital News & Media 2017 6. 6 2017 Reach Capital. Then Now 67%of millennials agree they can find a YouTube video on anything they want to learn Learning is now bite-sized, on-demand, and accessible anywhere Think with Google Photo sources: Amazon, Buzzfeed 7. a K-12 schools are making headway 8. 8 2017 Reach Capital. PC Revolution Begins: first computers in school 1:5 Computer:Student 2:3 Computer/Tablet:Student 1977 2000 2016 NCES Schools are moving rapidly to one device per child Photo sources: Computer History Museum, Ben Schumin, Google 9. 9 2017 Reach Capital.
Among many changes that the country is undergoing at present, the'New Education Policy' (NEP) 2020' is a harbinger of directional change. The new policy, which has come after 34 years is expected to bring new opportunities for India's education sector in the 21st century. It is set to provide a significant impetus to the role of technology in all aspects of education. During the pandemic, India's education system went through a phase of realization and learning. When the infectious coronavirus disease started to spread, over 260 million students, the second-largest school-going population in the world went under lockdown.
It's hard to see anything other than artificial intelligence being the next frontier of the edtech front. More specifically, machine learning has quickly gained the potential to overhaul what educators can accomplish with technology due to how rapidly the field has advanced within the last two years. Using machine learning, truly "smart" education solutions that can perform intelligent, self-informed actions are poised to change how we facilitate learning inside and outside of K-12 and higher education classrooms. Here's four ways artificial intelligence is going to do just that: As edtech authority Eric Sheninger (1) has noted, digital tools can boost student collaboration while they grapple with class material. This increased and streamlined student engagement with other students, as well as the subject matter at hand, has been known to produce more holistic and deeper learning.