K-12 schools, Universities and Vocational education providers had to switch to online teaching and learning in early 2020. EdTech got the starring role that digital education specialists and CIOs had been predicting for a long time. The challenge came when IT departments had to deliver a four-year digital strategy plan in six weeks.
Now the dust has settled, what happens? Well, online learning is here to stay, and there is an ever-increasing demand for EdTech solutions right across the education landscape:
The hunt for EdTech platforms and solutions to solve emerging challenges as a result of the pandemic is on. With this comes great opportunities for EdTech solution providers and their products.
A strong brand story, product value proposition and the right marketing strategy are now more critical than ever before for EdTech companies to connect their solutions to a rapidly growing marketplace.
If you want to think about EdTechs time in the sun, the time is now. There has never been a greater demand for new products and solutions. Many providers say the coronavirus pandemic is now triggering widespread engagement the sector needs. As companies rapidly modify technology solutions and respond to heightened demand due to anticipated school closures.
It seems the pandemic has only accelerated an already growing market. Sparking an online learning boom and fastening innovation in the sector.
This has led to many new entries into the EdTech space vying for their position. At the same time, many existing EdTech companies are in the process of pivoting their existing solutions towards larger opportunities within the sector. Others are discovering new problems that their tech platforms are providing solutions for. Solutions that weren’t even conceived in a pre-COVID context.
One thing is for certain, the competitive market is getting fierce. To get ahead, providers and their products must stand out with a clear value proposition and strong product pitch that resonates with potential investors and prospects.
It’s time to cut through the noise, get attention and evolve with a growing market.
With the pandemic shedding light on the possibility of remote virtual learning, it has opened the door for feasible learning environments for today’s students, regardless of educational level or geographic location. A good example is edX by Harvard and MIT Universities that grew to over 24 million users in 2020.
A very probable aftermath of the current pandemic might be the disruption of the Higher Education sector as we know it. Higher Education has long been an expensive option, leaving many with high student debt long after graduating or simply leaving others outside the educational race.
At the moment, the advantage of innovations like edX is seemingly flying under the radar of Governments and some institutes. However, once the cost and exposure benefits are more widely known, institutions and organisations will find it difficult to ignore the benefits.
It’s prospects like those mentioned above that present a significant opportunity for EdTech innovators and their products. There is no doubt that the market is growing, even getting crowded with similar solutions emerging constantly.
Like other disrupted industries and sectors, those who differentiate themselves from the noise have the best likelihood to stand out and succeed.
To do this, a solid product pitch, coupled with a clear brand message and right marketing plan will be key ingredients in putting these solutions in the right place at the right time.
Alto has over 15 years of experience helping organisations in the education and knowledge sector transform their brand. From local start-ups to global institutions, from traditional to online, we work with brands who strive to innovate, are driven to deliver exceptional experiences and aren’t afraid to stand out in the education and knowledge economy.
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There’s no lack of choice when it comes to EdTech solutions for learning providers. Want to position your product as the best option? Or is your aim to build more brand awareness in the hyper-competitive EdTech landscape? Alto has the expertise to create branded campaigns that have real impact.
Got a great idea that is almost ready for market? Pitch decks are a perfect way to take early ideas to market early to test and validate their viability. The perfect tool to help get your product in front of potential seed investors to secure that next round of funding. Often saving you time and money in the process.
Want to chat with brand consultants Andrew or Mark about your brand? Add your phone number below and we’ll give you a buzz.
By submitting your details, you agree with our Terms & Conditions and Privacy Policy