Global trends in education innovation & investment - Maria Spies Co-CEO, HolonIQ Sydney, March 2020
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Global trends in education innovation & investment Maria Spies Co-CEO, HolonIQ Sydney, March 2020
HOLONIQ. GLOBAL EDUCATION INTELLIGENCE
Questions
What is shaping
1
tomorrow’s education &
training landscape?
How is this impacting
2 learning innovation?
What are some key
3 thematics and examples?
1
THE GLOBAL LEARNING LANDSCAPE What is shaping tomorrow’s education & training landscape?
Macro-Drivers • Globalization & Growth • Global Population Changes • Future of work and Skills • Advancements in Technology
HOLONIQ. GLOBAL EDUCATION INTELLIGENCE COVID-19. Global Education Outlook Across the board, organizations of all types are expecting to be worse off in the short term as a result of COVID-19. Education institutions are expecting to be the hardest hit with 91% of respondents indicating they will be moderately (61%) or substantially (30%) worse off in the short term. Source: HolonIQ March 2020 http://globaloutlook.holoniq.com/
HOLONIQ. GLOBAL EDUCATION INTELLIGENCE
COVID-19. Geo Impact.
72% of respondents from Oceania expect to be substantially or moderately
worse off in the short term, moderating to 41% worse off in the long term, closely
followed by Europe and Asia .
Sydney, March 2020
Source: HolonIQ March 2020 http://globaloutlook.holoniq.com/
HOLONIQ. GLOBAL EDUCATION INTELLIGENCE Disruption & Growth Strategy. Almost 85% of respondents expect disruption to their part of the education market before 2025 - 57% of those expecting disruption within the next 24 months. Almost a quarter of respondents cite technology as their top growth strategy going forward, an increase of 10% over the past two surveys. Source: HolonIQ March 2020 http://globaloutlook.holoniq.com/
THE GLOBAL LEARNING LANDSCAPE How is this impacting education & training innovation?
Global Education Market
Total Global Education Expenditure in USD trillions
Corporate Pre-K Pre-K
Training Corporate
Training
5.9T 8.1T
2018 2025
K12
K12
Post
Secondary
Post
Secondary
5% 25% 50% 75% 95%
Source: HolonIQ, 28 January 2019
HOLONIQ. GLOBAL EDUCATION INTELLIGENCE
Global Decade of EdTech VC
Global Education Venture Capital Funding by Year, 2010-2019 in USD Billions
8.2B
China 16.6B 7.0B
USA 10.5B
Europe 1.8B
India 1.8B
RoW 1.7B
4.4B
4.2B
3.2B
1.8B
1.3B
0.7B 0.9B
0.5B
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
Source: HolonIQ, January 2020. All numbers rounded.Global Learning Landscape
HOLONIQ. GLOBAL EDUCATION INTELLIGENCE
EdTech 2019 H2 VC Focus
Global Education Venture Capital Deals H2 2019 >= $5m USD
Admissions & AR/VR/Games & Sim
Financing
Test Prep/Tutoring
Content & Resources
Education Mgmt
International Ed
Language Learning
MooCs/OPMs/Bootcamps
Pre-K
Talent & Work
STEM/Coding/Robotics
5% 25% 50% 75% 95%
Source: HolonIQ January 2020THE GLOBAL LEARNING LANDSCAPE What are some key thematics and examples?
HOLONIQ. GLOBAL EDUCATION INTELLIGENCE
Thematics
1 Integration amidst disaggregation
Physical + Digital
Learning + Content + Experience
Learning + Working + Living
Technology Stack
2 Back-solving to education
Jobs to Skills to Education
Jobs to Skills to Assessment
3 Innovation from the edge
Emerging markets > developed markets
‘Non-accredited’ > ‘accredited’
Other industries > Education
13HOLONIQ. GLOBAL EDUCATION INTELLIGENCE
University = Distribution
Platform = Content
Coursera for Campus is an example of how MOOCs are pivoting on their position as an
intermediary to commoditise content and turn the tail of the Higher Education market back into
a distribution arm for higher quality/more sought after branded content.
Designed to help any university — even those
outside Coursera’s partner ecosystem — to use
content on Coursera to deliver job-relevant,
multi-disciplinary online learning to its learners.
Universities will have access to more than 3,600
high-quality courses to enhance their core
curricula, offer credit-eligible* and supplemental
learning to students, and deliver lifelong
learning to their alumni, faculty, and staff.
Faculty can use Coursera’s tools to author
content, assessments, and hands-on projects.
Educators can also improve learner outcomes
by tracking skill mastery and growth using
Coursera’s learning analytics.
These content blocks are intended to be credit
granting components of full degrees.
14HOLONIQ. GLOBAL EDUCATION INTELLIGENCE
Whitehat – Reinventing Apprenticeships
With a mission of “democratising access to the best careers”, Whitehat aims to offer an alternative
to traditional tertiary options by recruiting and training young people as apprentices for roles in
companies including Facebook, Google, Warner Music and BP.
WhiteHat’s approach consists of three main parts: a digital
marketplace that matches candidates’ profiles with potential
opportunities; access to coaching and educational resources;
and a community similar to a university alumni network.
In 2019, WhiteHat doubled the number of apprentices on its
scheme to 1,000 and received tens of thousands more
applications within the same period. It aims to take on 10,000
apprentices by 2023 .
5% 25% 50% 75% 95%HOLONIQ. GLOBAL EDUCATION INTELLIGENCE
Guild - ‘Education as a Benefit’
Guild's education platform allows employers to provide pathways back to study for their
employees through tuition assistance programs. Guild partners with employers, universities
employees to enable education completion. Guild has signed companies including Walmart,
Taco Bell, Lowe's, Discover, Lyft and Disney — along with some 3 million workers.
Guild’s model helps to solve a three sided problem.
Employers are seeking to retain and upskill their talent but managing
thousands of staff members undertaking many different study options
is impossible to track back to business needs.
Universities want to ensure their part time students are enrolled in the
best program for their needs and successfully complete their study.
Employees want to upskill in areas that fit their career aspirations and
want to complete their study programs.
5% 25% 50% 75% 95%www.holoniq.com/newsletter
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