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TECHNOLOGY
IN EDUCATION
IS THERE
SCALE AND
OPPORTUNITY

Karthik K S
Can entrepreneurs build biz around technology in
education

IS THERE A MARKET
IS THERE SCALE

www.24x7learning.com
ELEARNING
IMPLEMENTATION
PARTNER OF LARGE
AND FAST GROWTH
COMPANIES
• 200 corporates have
trained
• 2mn learners
• in 25 countries

www.24x7learning.com
MARKETPLACE
SOME FACTS

www.24x7learning.com
Market Size

• $220 bn The Global Online Education Market -2017

• $20 bn Online education industry in India now
• $40 bn Online education industry in India - 2017

www.24x7learning.com
Mobile Learning
Opportunities in India

www.24x7learning.com
4 billion mobile phone users on the planet ~ 2012
30 % of the World’s mobile phone users live in
India and China
www.24x7learning.com
Some trends – as enablers for Mobile Learning
• Mobile Technology will be more
affordable, accessible and functional
• Mobile Devices will be able to collect, synthesize
and analyze massive amounts of data
• Mobile Devices will break the Language barriers
(Example: Apple Siri & Google Voice)
• Mobile Devices will encourage more Authentic &
Personalized Learning
• By 2015 70% of Top 500 organizations worldwide are
planning to implement mobile learning

www.24x7learning.com
Recent Funds Inflow into Tech Education !
• AuthorGen Technologies: a subsidiary of Educomp:
Rs 22 crore
• Meritnation: additional investment of Rs. 30 crore
• Simplilearn.com, : $10 million in a Series B round of
funding
• eDreams Edusoft : $2 million in its second round of
funding
• Edubridge Learning : raised $3 million
• Vienova Education: Rs.157 million

www.24x7learning.com
For all who wish to see a glimpse of an application
of ONLINE LEARNING

SO DOES IT REALLY WORK ?
HOW DOES IT WORK ?

www.24x7learning.com
www.24x7learning.com
So how does it work?

www.24x7learning.com
So how does it work?

THIS IS THE
MOBILE CLASSROOM
OF A STUDENT OF AN
ONLINE MBA OF

www.24x7learning.com
So how does it work?
www.24x7learning.com
CASE STUDY: Training on a Train!

 Prof. Bhattcharya bore the brunt of Mumbai’s infamous traffic
 Stuck on the train while he had to be in the studio
 The study center integrated his voice feed with the Virtual Campus’ LIVE
feed to the various students logged in from various locations

www.24x7learning.com
Technology in education is
ACCEPTABLE

www.24x7learning.com
www.24x7learning.com
So where do I look for
Opportunity

www.24x7learning.com
Opportunities for entrepreneurs
Online education market is attracting entrepreneurs, venture capitalist
funding and online enrollees
• The Advantage:
• Demand for sustained supply of knowledge workers
•

Target Population: 445+ million between 5 and 24

•

Making India: The world’s largest consumer of education services

•

Estimation: 40 million students pursuing higher education in India by
2020

•
•

The Scope: Indian education system is still archaic and has a lot of
scope for innovation and growth

•

The Need: 1000 universities and 45,000 colleges in the next year

www.24x7learning.com
Opportunities for entrepreneurs
• 19% of India’s population is in between 15-24 years
of age
• Objective to facilitate skilling/upskilling 500 million
people in India by 2022
• Labour force set to grow by 7 million every year (2%
of population)
• Director General Employment and Training alone
needs to add 20,000 trainers every year

www.24x7learning.com
Trends of Technology in Learning
• Trend 1: Less desktop; more mobile
• Trend 2: Less Tell: More Games and Gamification.
• Trend 3: Less PPT-only; More Cool Interactive Tools
within Lectures
• Trend 4: Less Formal Training; More Informal Social
Learning.

www.24x7learning.com
THANK YOU
- karthik@24x7learning.com

@ kskarthik
@ karthikks

www.24x7learning.com

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Technology In Education by Karthik K S | 24x7 Learning |

  • 1. TECHNOLOGY IN EDUCATION IS THERE SCALE AND OPPORTUNITY Karthik K S
  • 2. Can entrepreneurs build biz around technology in education IS THERE A MARKET IS THERE SCALE www.24x7learning.com
  • 3. ELEARNING IMPLEMENTATION PARTNER OF LARGE AND FAST GROWTH COMPANIES • 200 corporates have trained • 2mn learners • in 25 countries www.24x7learning.com
  • 5. Market Size • $220 bn The Global Online Education Market -2017 • $20 bn Online education industry in India now • $40 bn Online education industry in India - 2017 www.24x7learning.com
  • 6. Mobile Learning Opportunities in India www.24x7learning.com
  • 7. 4 billion mobile phone users on the planet ~ 2012 30 % of the World’s mobile phone users live in India and China www.24x7learning.com
  • 8. Some trends – as enablers for Mobile Learning • Mobile Technology will be more affordable, accessible and functional • Mobile Devices will be able to collect, synthesize and analyze massive amounts of data • Mobile Devices will break the Language barriers (Example: Apple Siri & Google Voice) • Mobile Devices will encourage more Authentic & Personalized Learning • By 2015 70% of Top 500 organizations worldwide are planning to implement mobile learning www.24x7learning.com
  • 9. Recent Funds Inflow into Tech Education ! • AuthorGen Technologies: a subsidiary of Educomp: Rs 22 crore • Meritnation: additional investment of Rs. 30 crore • Simplilearn.com, : $10 million in a Series B round of funding • eDreams Edusoft : $2 million in its second round of funding • Edubridge Learning : raised $3 million • Vienova Education: Rs.157 million www.24x7learning.com
  • 10. For all who wish to see a glimpse of an application of ONLINE LEARNING SO DOES IT REALLY WORK ? HOW DOES IT WORK ? www.24x7learning.com
  • 12. So how does it work? www.24x7learning.com
  • 13. So how does it work? THIS IS THE MOBILE CLASSROOM OF A STUDENT OF AN ONLINE MBA OF www.24x7learning.com
  • 14. So how does it work? www.24x7learning.com
  • 15. CASE STUDY: Training on a Train!  Prof. Bhattcharya bore the brunt of Mumbai’s infamous traffic  Stuck on the train while he had to be in the studio  The study center integrated his voice feed with the Virtual Campus’ LIVE feed to the various students logged in from various locations www.24x7learning.com
  • 16. Technology in education is ACCEPTABLE www.24x7learning.com
  • 18. So where do I look for Opportunity www.24x7learning.com
  • 19. Opportunities for entrepreneurs Online education market is attracting entrepreneurs, venture capitalist funding and online enrollees • The Advantage: • Demand for sustained supply of knowledge workers • Target Population: 445+ million between 5 and 24 • Making India: The world’s largest consumer of education services • Estimation: 40 million students pursuing higher education in India by 2020 • • The Scope: Indian education system is still archaic and has a lot of scope for innovation and growth • The Need: 1000 universities and 45,000 colleges in the next year www.24x7learning.com
  • 20. Opportunities for entrepreneurs • 19% of India’s population is in between 15-24 years of age • Objective to facilitate skilling/upskilling 500 million people in India by 2022 • Labour force set to grow by 7 million every year (2% of population) • Director General Employment and Training alone needs to add 20,000 trainers every year www.24x7learning.com
  • 21. Trends of Technology in Learning • Trend 1: Less desktop; more mobile • Trend 2: Less Tell: More Games and Gamification. • Trend 3: Less PPT-only; More Cool Interactive Tools within Lectures • Trend 4: Less Formal Training; More Informal Social Learning. www.24x7learning.com
  • 22. THANK YOU - karthik@24x7learning.com @ kskarthik @ karthikks www.24x7learning.com

Notes de l'éditeur

  1. Towards Maturity Benchmark Study 2012-2013 
  2. The current video which plays on the slide is linked to the file on my system.  You can right click on the player  properties and change the path of the URL to the location of the file on your system. You might have to copy the video on to the computer being used are use that link.
  3. The fast-growing online education market is attracting entrepreneurs, venture capitalist funding and online enrollees in record numbers.Economic Times: “With double digit economic growth demanding a sustained supply of knowledge workers, India has emerged as one of the world’s largest consumer of education services with a target population of more than 445 million (between age group of 5-24 years), which is expected to increase to approximately 486 million by 2025, far exceeding the combined target population in China (354 million) and the US (91 million) in the same year.”Estimation: It is estimated that there will be around 40 million students pursuing higher education in India by 2020There would be a need to open thousand universities and forty five thousand colleges in the next decade to cater to this need. The expansion of this scale can be achieved by more activate participation from the private sector