Archive for the ‘New Economy’ Category

The 4 biggest challenges to our higher education model – and what to do about them

In a future of unprecedented societal shifts, education is crucial to managing the challenges ahead. With more automated, digitized and fluid job markets, today’s higher education systems are quickly becoming incompatible with the future we are looking towards. We are two decades into the 21st century, yet higher education is generally still geared to succeeding […]

Coursera For Business Announces 100% YOY Growth

Another MOOC provider has found the business training sector provides a more reliable customer base than academic students. On December 10, Coursera announced its enterprise training business has witnessed 100% year-over-year growth and now stands as the company’s largest customer share. Inside ELearning

Elsevier Acquires 3D Anatomy Content Provider for $50M

3D4Medical, a Dublin, Ireland-based provider of 3D lessons for anatomy education, has been acquired by Elsevier, the company best known for its academic journals. Raidió Teilifís Éireann reports that the deal was worth €46 million (approximately US $50.6 million). EdSurge

MOOC Platforms’ New Model Draws Big Bet From Investors

Australian company’s investment of roughly $165 million in Coursera and FutureLearn suggests open course providers have found a viable business model. Not everyone is sold. Inside Higher Ed

Calculating the Economic Viability of Corporate Trainings (Traditional & eLearning) using Benefit-Cost Ratio (BCR) and Return On Investment (ROI)

The intent of this paper is fourfold: (a) to document chronologically the history of corporate training; (b) to discuss the importance of corporate training highlighting the reasons why eLearning is gaining traction; (c) to report the results of a research study conducted with 85 sales employees in a U.S.-based organization; and (d) to calculate the […]

The Open University secures £50m investment in social learning platform FutureLearn

SEEK Group (ASX: SEK) will invest £50m to become a joint, 50% owner of The Open University’s FutureLearn social learning platform, it was announced today in a deal thought to be the largest ever private-sector EdTech investment in Europe.

Cengage and McGraw-Hill to Merge, Providing Students with More Affordable Access to Superior Course Materials and Platforms

NEW YORK and BOSTON – May 1, 2019—McGraw-Hill and Cengage today announced that they have entered into a definitive agreement to combine in an all-stock merger on equal terms. The transaction, which has been unanimously approved by the Boards of Directors of both companies, will bring together two premier learning companies that will deliver significant […]

Online Tuition Too High? Cut It in Half

Buoyed by growing enrollment, Champlain College slashed prices for its online undergraduate programs. Administrators are pleased with the results — which could point to a viable pricing model. Inside Higher Ed

UNC business school expands technology-based skills programs

To keep pace with changing needs in education and the workforce, the University of North Carolina’s business school announced Monday it will develop skills-based programs in partnership with educational technology company 2U Inc. The announcement comes as 2U acquires Trilogy Education, a skills-based training provider. edscoop

How MOOCs Make Money

In 2011, when a few Stanford (CA) professors experimented with delivering three of the university’s most popular computer science courses online for free, Dhawal Shah signed up for “Introduction to Artificial Intelligence.” The idea of Stanford opening up its top-caliber education to people who lacked access appealed to Shah. And besides, he needed a boost […]