Three Reasons Why EdTech Is Vigorous Right Now
There has been much discussion about how the COVID-19 pandemic has caused a shift in socio-economic structures, but we at Imperial EdTech believe that the pandemic has also been a catalyst for change, hastened the construction of things that were already underway and exposed the rusting structures of things that were on their way out. Nonetheless, the rate of change has been dizzying.
EdTech is flourishing, but it didn\’t happen overnight. The H1N1 pandemic propelled the expansion of EdTech in Mexico in 2009, much as SARS did in China in 2003, laying the groundwork for future growth.
The COVID-19 pandemic has gone considerably farther, not only because it is worldwide and long-lasting, but also because it occurs at a time when the antiquated model of standardized education at all levels is more open to change and ready to be replaced by a new lifelong and personal learning paradigm. EdTech has now won the case that its position in learning is not a passing fad, but a fact of life.
EdTech is in a good situation thanks to increased access to technology, borderless distribution methods, and individualized goods that can bend to demand and evolve on an endless scale. While it is no secret that the EdTech sector is growing at an almost anti-Newtonian rate, its distribution across K-12, higher education, and further (professional) education is rather even, implying enormous prospects for diversification.
It\’s no surprise that the worldwide EdTech market expanded by 22% in the first quarter of 2020, and with a 19.9% CAGR expected through 2027, that growth is here to stay. It\’s no surprise that investors are increasingly interested in new learning innovations.
Until recently, those of us who concentrated on highly flexible learning platforms, home-based learning, and personal learning aided by technological innovation was regarded as oddities. Now, the tide has shifted, and those of us with EdTech expertise from the perspective of a teacher are in higher demand than ever.
There are three main causes for the current growth of ImperialEdTech, but they are all part of a larger transformation framework. Here\’s why there\’s no more turning back.
The first reason
EdTech is becoming more popular, national, and large-scale.
Even the most tech-averse instructors in standardized schools had to realize that what they accomplished in the classroom did not convert to remote learning after the seismic shock of 2020. Japan compressed its five-year technology plan into a single year, and demand for mobile learning devices outstripped supply as educational institutions attempted to bridge the digital divide.
Technology has come to help, and it has stepped up. In 2020, EdTech became completely mainstream, with everything from Learning Management Systems that allow learners to connect and participate from home to a slew of learner support applications that take on more of the hard lifting in learning design.
Costa Rica invested in a digital toolbox to assist instructors in engaging with students and tracking their progress, while Uruguay created a national digital platform for all students that can be integrated with a variety of privately-made learning applications to provide flexibility and creativity.
Every week, new EdTech businesses are added to the listings in Sub-Saharan Africa. Everywhere you look, public funds and private businesses are collaborating; this is even sanctioned by supranational organizations like UNESCO. Everyone benefits from the triumvirate\’s efforts to improve learning quality and access.
The second reason
Educators are on board with the project.
No, they aren\’t all. Some teachers still have chalk on their elbow patches and believe that the digital is the devil\’s playground. The majority, on the other hand, typically believes that educational technology has a role in the classroom and at home and that this was already happening prior to the pandemic.
The pandemic demonstrated that educational technology is not an afterthought, but rather a critical part of the learning process. Learning guides were actually what students needed if they were to find their true route in life, as mainstream instructors were less concerned about technology diminishing their position to that of passive spectators.
Rather than trying to micromanage every aspect of the learning process, technology assisted educators in transfer agencies and empowering learners to self-direct through technological paths that provided them with self-control and self-determination throughout the process.
The hard work is done after you have earned the trust of the educators. We\’ve reached the end of the Gartner hype cycle, and everyone, except those stuck in the past, can see the benefits of widespread EdTech adoption.
The Third Reason
Learning innovation is creating a symbiotic relationship with technical innovation.
The future is a turbulent, unexpected, difficult, and confusing environment. Governments must be informed, not the innovative readers of EU-Startups. After the pandemic, policymakers realized that education needed to be fundamentally revamped in order to better prepare students to forge their own paths with adaptability, creativity, and purpose. This is not something that normally occurs in a conventional classroom.
It also included images of the parents. The nagging awareness that something about the one-size-fits-all standardized education approach wasn\’t quite right became a visceral realization that things needed to change. Parents began seeking alternatives, and innovative and flexible learning environments were at the forefront of the discussion, paving the way for change.
At every point of the process, EdTech stood out. Provides opportunities for individuals to stay connected, learn, reflect, share, investigate, grow, direct, and so on. Simultaneously, we must make sure that our digital learning is supported by natural-based, real-life, and analogue learning experiences. We must be cautious not to cross the line from a non-tech education system to one that is reliant on digital gadgets. Innovation will always find a way to show up. There comes a point when, like the seedling that finds the crack in the concrete, all that is left is sunlight and open air.