Future of Online Education

-

 Future of Online Education

Owing to prolonged lockdown to contain the spread of the global pandemic, educational institutions across the world were forced to close down and students were forced to remain at home. The crisis continued even after months and there was no end in sight. But schools cannot be kept shut forever; education has to continue. This has led education institutions to think about alternative ways of providing education to ensure the continuity of teaching and learning. As a result, most countries rushed to online distance education using online platforms, e-learning etc.  As a result, we witnessed a rapid shift in the education pattern.

Education technology companies from across the world also come forward to offer their services to ensure that learning never stops. Even many of EdTech companies have been offering free online courses during the lockdown period. With more and more schools and institutions taking their courses online and other education stakeholders start to use various online platforms, EdTech sector has seen a massive growth both in terms of number of users and revenues over the last few months. The pandemic has been a watershed moment for EdTech sector everywhere. The valuations of many major EdTech companies have been increasing many folds and that is justified too looking at the bright future ahead for them. Even before COVID-19, there was already high growth and adoption in education technology, with global EdTech investments reaching $18.66 billion in 2019 and the overall market for online education projected to reach $350 billion by 2025.  However, the COVID-19 crisis has further accelerated this trend at a never before rate. Whether it is school curriculum, language apps, virtual tutoring, video conferencing tools, or online learning software, there has been a significant surge in usage since COVID-19.

EdTech has always been a source of innovation, enhancing education, and during this pandemic it has put forth advancements that has completely changed the education environment globally. Online education has now become a significant part of learning and it has to remain imperative even after the schools, colleges and coaching institutes reopen again.  There has been a significant shift in the education pattern now and we can foresee an exciting future for education technology companies providing large number of innovative learning programs.  The student’s preferences have meaningfully changed and they will be opting for more online education program as they are providing innovative and efficient module for specialized learning. Although we cannot ignore the face-to-face class room school education system as it has its own advantages of personal interactions with teachers.  However, coaching institute will be seen struggling as people would prefer to adopt efficient online learning program.  Students need not to move to coaching institute if they are getting a better way of learning distantly.  This will not only save their time but saves a lot of money as well since online learning programs are much cheaper compared to coaching institute’s fee and other expenses.  Due to online learning through internet during lockdown, most of the families have already now been equipped with tablets, computers and laptops having internet access and as such it has become more easier for them to opt for online learning programs for their children.

The COVID-19 pandemic has absolutely disrupted an education system that many proclaim was already losing its relevance. The crisis has, in fact, provided a unique opportunity for the education stakeholders to reimagine education. And out of the crisis, we will see some inevitable changes in the ways we’ve been imparting education to children until now.

The pandemic has indeed posed immense challenges not just for the educational institutions and teachers but also for students and parents. We have to rethink how we educate, and question what we need to teach and what we are preparing our children for? Let us take time to reflect on how this disruption can help us define what learning should look like for future generations, take advantage of this crisis and turn it into an opportunity.

-Rajendra Jhanwar

Comments

Post a Comment

Popular posts from this blog

-
Image
  BULLION YEAR 2025 Hello Friends, There have been many market events from last Diwali to this Diwali. One notable highlight has been the strong performance of Gold & Silver, surpassing all other asset classes. We have witnessed historic movements in bullion rates, making those who invested a substantial amount proud while others regret not investing in Gold & Silver due to FOMO. The million dollar question now is whether to buy at the current level or hold investments and potentially book profits. No one knows for sure and everyone is waiting with bated breath. In my opinion, it is best to keep a low anxiety level and remain invested if you have already put in a decent amount. Resist the temptation to book profits and instead maintain a long-term horizon as a safe haven. At the same time, many of us may feel frustrated for not investing in Gold & Silver. However, it is important not to let that frustration get the best of us. Keep a close watch and consider starting a ...
Read more

An exciting future ahead for IT Companies.

-
Image
 An exciting future ahead for IT Companies.   We observe that technological evolution has been taking place with rapid pace amid Covid-19 pandemic. The pandemic has accelerated digital transformation journey of many countries. As a result, we are witnessing digital transition with unprecedented pace. Socially distanced culture and repeated lock down due to increase in Coronavirus cases all over the world have forced everyone to adopt more tech enabled tools for survival. The entire world is now looking for more Automization & Robotic Techniques, e-commerce, e-education, virtual meetings and tele-health services. As a result, we are seeing a manifold increase in demand for tech enabled services. Over the next decade, Digital economy in the US is set to grow to 10 percent of the US' GDP. This would create great opportunity for Indian IT firms, driven by automation, cloud, digital transformation and consumer experie...
Read more

Should we buy from small traders?

-
Image
  Should we buy from small traders? Companies like Amazon, Flipkart, D mart and Jio retail prefer to buy directly from manufacturer for taking cost advantages of buying in bulk quantity.  In this way they are offering aggressive pricing to the consumers.   The practice being used by these big retailers has become threatening for the small players. The disrupters like these have been creating a lot of gap in the system.   Though consumers are happy with it as they are getting good bargain.   However, in country like India these big fishes are eating the food of small players and literally these tiny players are being thrown out of the market creating a serious problem of unemployment in the country. India having such a large population and its survival is possible only through the coexistence theory.   If one starts eating the part of other, the system might face a big threat on social level some time in future. The problem is much bigger and there is no w...
Read more