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March 18, 2021 03:21 pm
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/roY5K0SS0KI/learning-apps-have-boomed-in-the-pandemic-now-comes-the-real-test
Learning Apps Have Boomed in the Pandemic. Now Comes the Real Test.
Startups hope there's no turning back for online learning, even as more students return to the classroom. From a report: After a tough year of toggling between remote and in-person schooling, many students, teachers and their families feel burned out from pandemic learning. But companies that market digital learning tools to schools are enjoying a coronavirus windfall. Venture and equity financing for education technology start-ups has more than doubled, surging to $12.58 billion worldwide last year from $4.81 billion in 2019, according to a report from CB Insights, a firm that tracks start-ups and venture capital. During the same period, the number of laptops and tablets shipped to primary and secondary schools in the United States nearly doubled to 26.7 million, from 14 million, according to data from Futuresource Consulting, a market research company in Britain. "We've seen a real explosion in demand," said Michael Boreham, a senior market analyst at Futuresource. "It's been a massive, massive sea change out of necessity." But as more districts reopen for in-person instruction, the billions of dollars that schools and venture capitalists have sunk into education technology are about to get tested. Some remote learning services, like videoconferencing, may see their student audiences plummet. "There's definitely going to be a shakeout over the next year," said Matthew Gross, the chief executive of Newsela, a popular reading lesson app for schools. "I've been calling it 'The Great Ed Tech Crunch.'" Yet even if the ed-tech market contracts, industry executives say there is no turning back. The pandemic has accelerated the spread of laptops and learning apps in schools, they say, normalizing digital education tools for millions of teachers, students and their families. "This has sped the adoption of technology in education by easily five to 10 years," said Michael Chasen, a veteran ed-tech entrepreneur who in 1997 co-founded Blackboard, now one of the largest learning management systems for schools and colleges. "You can't train hundreds of thousands of teachers and millions of students in online education and not expect there to be profound effects."Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/roY5K0SS0KI/learning-apps-have-boomed-in-the-pandemic-now-comes-the-real-test
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