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Hot Areas for Ed Tech Investment in 2015

Spending in education-based technologies is increasing, especially in online training and professional development.

July 6, 2015 TD Staff Leave a Comment

Online training is only one aspect of professional development that ed tech companies are exploring.

Startups like Degreed and Accredible are working with employers to create new forms of transcripts that account for learning (like online training) that takes place outside of traditional classrooms.

Other companies, like Smarterer (recently acquired by Pluralsight), are developing skills and tests that test-takers can use to enhance their resumes and employers can use to assess job applicants’ capabilities.

With employers in all industries working to cope with digital skills gaps, the market for professional development tools such as these is likely to continue to grow.

All investors would love to have a crystal ball. Failing that, all we can do is identify environments that are conducive to fostering growing trends. With increased demand for more digital skills education starting in early grades and for more opportunities for lifelong learning, products for the K-12 market and continuing professional development are looking like pretty good bets for 2015 and beyond.

Sameer Bhatia is founder and CEO of ProProfs, a leading provider of online learning tools for building, testing, and applying knowledge. Through its Learning Management System, Survey Maker, and Training Maker products, ProProfs offers trainers, marketers, and educators powerful-but-simple features without requiring them to download or learn expensive software. ProProfs tools for building & testing knowledge are used by millions of users each month. The site hosts 1,000,000+ pieces of content in 90+ languages, and is a leading platform for online training and assessment with the world’s largest library of professional tests & quizzes.

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Tagged With: EdTech, Higher Ed

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