Startups Are Shaping eLearning Industry For The Radical Shift In Education

Startups Promoting E-learning on the Planet

“Think out of the box and create a learning experience where the learner can interact with the content and their brains,” well said by Rosalie Ledda Valdez, one of the profound learning experts.

Online learning platforms are increasingly doing big business across the world.  They are bringing excellent ways of learning for individuals in every part of this planet. Learning that not only confides to your course curriculum, but provides extensive, real-time knowledge benefiting you in your daily personal and professional lives.

According to recent reports, the Global e-Learning market is estimated to be $243.8 billion by 2022, an increase of 5% CAGR from what it is now. Education players like Udemy, Udacity, Vlurn, Coursera, Intellipaat, and many other startups are engaged in reinforcing and re-skilling all types of audiences on multiple top-notch platforms, software, applications and real-time projects. Using innovative ways of training through the internet and web portals, the training vendors are adopting animated videos, podcasts, social media posts, content-rich tutorials, interactive LMS (Learning Management System) and other methods to boost professional learning among the masses.

If you consider yourself an oldie to attend a classroom session, online learning is the perfect for you. These startups have been successful in raising ample funds from investors and incubators all across the globe. For instance, a Tanzanian edutainment startup, Ubongo, teaching mathematics to kids in a fun way, has gained a seed funding of US$75,000 and has secured a position in the list of the world’s top 10 most innovative companies of 2015 in Africa.

e-learning startups from India are not far behind in the race. The strengthening economy is helping such startups to register an impressive growth year over year. Bangalore-based Simplilearn is a clear winner in the segment, while Intellipaat, another Jaipur based e-learning startup, is also marking its presence. All such startups offer training courses on niche technologies like Big data, Data Science, Business Intelligence, Database, Digital Marketing and many others.

Thailand’s SkillLane is a popular startup in self-paced learning on young-professional segments of the market covering Computer, Soft Skills, Test Preparation, Entrepreneurship and Investment.

We all now understand that learning online is much more convenient and easier, which is why most individuals are gravitating towards learning on their laptops and mobile phones. A major reason contributing to the progress of these online training providers is that they have reached to your mobile phones. No wonder, we spend much of our time with our smartphone- it is our companion for necessity, luxury, education, entertainment and everything else. You can learn a core technology course like Tableau or Hadoop, anywhere on your device.

Most Industry-experts prefer associating with such learning startups as they find it meaningful to educate people around and thus, earning dollars just by sitting at their place. Since the competition is tough with an increasing number of online education platforms, each startup is focusing on providing an incredibly brilliant trainer who let learners apply what they have learnt in real-time projects in their organization. Similarly, they are making huge efforts in delivering quality content on their website, tutorials, blogs, interview questions, assignments and videos.

A range of enterprises is also getting benefited by these learning startups as there are special courses provided for corporate for their top-performing employees, giving them the opportunity to enhance their skill set and be more productive for the organization.

It seems the e-Learning industry is the next superpower in this fast-evolving digital world. Let’s see to what extent it will change the way we learn.

Share your thoughts on startups emerging as e-Learning providers in the comments section below.

About the Guest Author:

Vaishnavi Agrawal loves pursuing excellence through writing and have a passion for technology. She has successfully managed and run personal technology magazines and websites. She is based out of Bangalore and has an experience of 5 years in the field of content writing and blogging. Her work has been published on various sites related to Hadoop, Big Data, Business Intelligence, Cloud Computing, IT, SAP, Project Management and more.

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