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- W2625689901 abstract "No matter what you do, you are actually in education. I have been privileged over the past 7 years to seat at the front row of the education transformation global agenda. Combine that with 18 years of teaching in 4 countries and 30 years of digital transformation where it really happened and you get an overwhelming confused perspective where the linear meets the exponential. I now know that we can shape the future by transforming the way we teach and learn today at scale. I´m fully aware that new technologies not only replace what we did in the past, they extend and expand the life-long learning experience that happens anywhere, anytime. EdTech has been experiencing a boom in the number of startups, events and mentions that are discussed in media around the world. We are in the middle of one of the great revolutions in the history of education. Over the years, extensive resources have been invested in initiatives that combine technology and education, but, no great shake-up has taken place in the educational field as a result of this introduction and have not led to the required paradigm shift. It took us a while to learn the balanced innovation coming from technology and pedagogy that is required for education. In 2013, the world spent a collective $4.6 trillion on education products and services, across all categories. Yet, the combined market cap of all education companies that are publicly listed, and which possess market caps in excess of $500M, was barely $100 billion, or approximately 2% of the total global spend. All of these operators combined constitute what is the smallest market capitalization index of any major sector in the economy. Just a few years ago, there were no more than 50 private EdTech startup companies, active with some type of professional investment. By the end of 2013, that number had risen, tenfold, to over 500, and there are hundreds more of these startups backed by angels and founder teams operating throughout the world. I have closely witnessed how some of the major obstacles to broadly impact education globally are beginning to fall down. More impactful, how education has finally been perceived as an attractive field for capital investment and innovation. By being late, we now know how contribute to the aggregate market capitalization and social impact for the education sector. Creating value in education does not depend on policy, it has to be driven by an increasing and impactful supply of innovative approaches to the long standing challenges and to the new realities of life long engaging learners. I call now for the Edupreneurs the curators and the socially aware to step up to the accelerated field of Edtech" @default.
- W2625689901 created "2017-06-23" @default.
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- W2625689901 date "2017-04-28" @default.
- W2625689901 modified "2023-09-27" @default.
- W2625689901 title "Thank you for being late to EdTech" @default.
- W2625689901 hasPublicationYear "2017" @default.
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