Essential E-Learning Ecosystems Move to the Head of the Class
NEW YORK, Feb. 16, 2021 /PRNewswire/ -- Long before the COVID-19 pandemic, the trend toward digital online learning in both education and business was growing at a steady pace. As the pandemic surged, tens of millions were forced to work from home and college classrooms were shuttered, and the trend turned to a tsunami, leaving many businesses completely unprepared for the new normal. Now both the present and the future of learning and work has moved online, and whole ecosystems must move to e-learning to survive. Demand has surged for customized and scalable online learning products in a single, easy-to-use format. This is the sweet spot for Amesite Inc. (NASDAQ: AMST) (Profile), an award-winning artificial intelligence (AI) software company that delivers online learning ecosystems for business, higher education and K-12. Amesite's product portfolio is complemented by a robust suite of services that help partners implement new programs and improve existing ones. Most recently, Amesite introduced Manage, a creative new functionality that enables schools and businesses to efficiently build and customize new courses, or onboard existing ones, at their own pace. In September, Amesite completed its initial public offering, joining peers such as 2U Inc. (NASDAQ: TWOU), Stride Inc. (NYSE: LRN), Chegg Inc. (NYSE: CHGG) and Pluralsight Inc. (NASDAQ: PS) that strive to improve learning environments with their technology and services.
- Amesite platform reports a remarkable 98% retention across enterprise, higher education and K-12 programs.
- Amesite's new Manage feature allows organizations to develop, establish and administer as many courses as they wish — all in one place and on the same system.
- The company offers essential tools for educating staffers about crucial trends, such as AI, Blockchain, data analytics, cloud computing, autonomous vehicles and smart cities.
Click here to view the custom infographic of the Amesite editorial.
Recognizing the Need, Providing the Solution
Business and education have historically been conducted in person and offline, in offices and in classrooms. That dynamic has certainly changed. Among other things, 2020 taught the world that many interactions can be efficiently and effectively accomplished in a virtual format. One of the biggest impediments to more rapid uptake is that workforces are unprepared to learn online. Sure, Zoom and other communication platforms serve a purpose, but these aren't the type of comprehensive platforms that will properly shepherd in the next generation of educating people in a process that is easily accessible, affordable and engaging.
To achieve education transformation, technology must be able to easily address both new and legacy programs. Gone are the days of "one size fits all" video cassette sessions or, even worse, wasting money on printed material to provide information. People simply don't learn, retain or have the opportunity to excel under those moribund modalities. Furthermore, there's a necessity today to be able to teach a multiplicity of individual complexities such as safety and compliance Issues or new skills in data management delivered digitally and customizable in a single ecosystem with the ability to track and enhance efficacy.
Easing into the Digital Age
Amesite Inc. (NASDAQ: AMST) was founded for the exact purpose of overcoming these challenges and bring businesses, schools and universities easily into the digital age. Dedicated to improving the way the world learns, passion and technology drive Amesite, with the whole team committed to ensuring that education is accessible to all. Not just accessible, Amesite is intent on making education better, making teacher's jobs easier and encouraging engagement, which is when the best learning transpires. Considering that COVID-19 caused the loss of between 500 million and 1 billion school years worldwide, the value of Amesite's platform becomes obvious.
Online education will almost certainly co-exist with traditional in-class learning even on the other side of the pandemic. "Online learning has the potential to transform all of education, and online tools are crucial for supporting all kinds of learning," stated Amesite CEO Ann Marie Sastry. "Online offers flexibility, engagement and customization for students. Most importantly – it's often the only practical way that professionals can upskill. So it's absolutely essential that the best technology be deployed, to support growth for individuals and for enterprises."
Amesite builds and delivers unique artificial-intelligence software products designed to improve learning across any industry or educational discipline. For business, AMST provides a single, easy-to-use platform for compliance and training that increases productivity and up-to-date certifications. Amesite couples this success with best-in-class analytics to analyze trends with 24/7 dashboards and autogenerated daily, weekly, monthly, and quarterly reports. With Amesite, businesses may gain invaluable insights that go beyond teaching and training employees. They can track employee progress and obtain insight on course corrections that work, break down analytics at multiple levels, and make data-based decisions while teaching employees with actionable, real-time analytics.
In K-12 education, Amesite's technology and focus on the user experience help solve the key challenges in K-12 learning. Stale, outdated interface design and complicated multiclick platforms can be boring and confusing for students and teachers. Amesite's social-media-inspired interface attracts and engages students. Updated content keeps education fresh and engaging, allowing instructors and students to interact with each other using upvotes and endorsements. The platform also delivers first-class communication tools with built-in video conferencing and messaging functionality and intuitive interface design.
In addition, AMST offers AI-driven, out-of-the-box scalable solutions for higher education. Universities and other higher education facilities can reduce training times — often to zero minutes — with intuitive interface design and transition effortlessly with full vendor support from Amesite. Amesite provides custom-branded turnkey programs on a cutting-edge learning platform.
Amesite provides universities, businesses and K-12 schools with essential tools to launch the products they need to upskill students and staff in whatever the core curriculum may be in a key trend, and it does so in a way that learning can go on at anytime, anywhere.
Amesite continues to demonstrate product excellence in creating and launching courses and programs tailored to its partners across diverse sectors. The company's new Manage feature now allows organizations to develop, establish and administer as many courses as they wish — all in one place and on the same system. Manage is a category maker that empowers learning and development teams to launch with a solution for the whole company rather than a single course covering one topic or an unfamiliar new platform for existing materials. In fact, the ease of use may be unprecedented. Customers can create offerings using a "build-as-you-go, drop-and-drag" format, taking full advantage of the flexibility to customize and build as time allows. Plus, the AMST system's architecture allows for easy management as well as tracking new and existing programs without leaving the program.
Amesite's technology and passion support critical workforce goals such as high engagement, low turnover and high loyalty. It's not a tremendous surprise that AMST products deliver a remarkably high retention rate. The retention rate is an astounding 98% across all its enterprise, higher education and K-12 programs.
Amesite offers the passion, products and service that wins and keeps customers, while making a positive impact on communities worldwide.
The New Age Is Here
There was a growing movement towards digital learning long before anyone had even thought about a COVID-19 pandemic. As it unfolded, a seismic shift occurred for education and businesses to stay operational, a dramatic transition that quite possibly reshaped culture forever and certainly changed the way the world learns. A new sector seems to have developed around the new normal in education.
2U Inc. (NASDAQ: TWOU) operates under a mission to eliminate the back row in higher education, building, delivering and supporting more than 475 digital educational offerings, including undergraduate and graduate degrees, professional certificates, Trilogy-powered boot camps and GetSmarter short courses. This month, the company partnered with the Institute for Management Development, a Swiss-based academic institution with global reach created by business executives for business executives, to expand online programs.
Stride Inc. (NYSE: LRN) is active in philanthropies with a mission centered on reimagining learning as a lifelong and deeply personal experience. The company provides innovative, high-quality, tech-enabled education solutions, curriculum and programs directly to students, schools, the military, and enterprises in primary, secondary and postsecondary settings. The company has learners in all 50 U.S. states and more than 100 countries. COVID was a boon for business, with revenue during the third quarter surging 46% year over year to reach $376.1 million.
Chegg Inc. (NYSE: CHGG) operates under the mantra of "A Smarter Way to Student(R)," striving to improve educational outcome by putting the student first. The company came into the national spotlight more than a decade ago when it acquired "Shark Tank" participant Notehall, an online marketplace where students can buy and sell class notes, ultimately incorporating it into the Chegg Homework Help site. In general, Chegg's business is all about supporting students through high school to college and into careers by helping them succeed in classes through services available online 24/7/365. Like Stride, Chegg caught investors' attention with a jump in revenue during the coronavirus economy, which resulted in raising 2021 guidance.
Pluralsight Inc.'s (NASDAQ: PS) Skills unit helps enterprises build technology skills at scale with expert-authored courses on today's most important technologies including cloud, artificial intelligence and machine learning, data science, and security among others. The Skills product also include tools to align skill development with business objectives, virtual instructor-led training, hands-on labs, skill assessments and one-of-a-kind analytics. Flow complements Skills by providing engineering teams with actionable data and visibility into workflow patterns to accelerate the delivery of products and services.
Common threads run through what these companies, which are leaders in the new normal education sector, are doing. Technology is imperative to provide individuals, institutions and businesses the tools that they need to teach or learn on demand. As Amesite's Sastry indicated, digital education isn't going anywhere when the pandemic is a thing of the past. In fact, it is probably only going to become even more mainstream.
For more information about Amesite Inc., please visit Amesite Inc.
NetworkNewsWire ("NNW") is a financial news and content distribution company, one of 50+ brands within the InvestorBrandNetwork ("IBN"), that provides: (1) access to a network of wire solutions via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions to ensure maximum impact; (4) social media distribution via IBN millions of social media followers; and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience comprising investors, consumers, journalists and the general public. By cutting through the overload of information in today's market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
To receive SMS text alerts from NetworkNewsWire, text "STOCKS" to 77948 (U.S. Mobile Phones Only)
For more information, please visit: https://www.NetworkNewsWire.com
NetworkNewsWire is part of the InvestorBrandNetwork
DISCLAIMER: NetworkNewsWire (NNW) is the source of the Article and content set forth above. References to any issuer other than the profiled issuer are intended solely to identify industry participants and do not constitute an endorsement of any issuer and do not constitute a comparison to the profiled issuer. FN Media Group (FNM) is a third-party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated with NNW or any company mentioned herein. The commentary, views and opinions expressed in this release by NNW are solely those of NNW and are not shared by and do not reflect in any manner the views or opinions of FNM. Readers of this Article and content agree that they cannot and will not seek to hold liable NNW and FNM for any investment decisions by their readers or subscribers. NNW and FNM and their respective affiliated companies are a news dissemination and financial marketing solutions provider and are NOT registered broker-dealers/analysts/investment advisers, hold no investment licenses and may NOT sell, offer to sell or offer to buy any security.
The Article and content related to the profiled company represent the personal and subjective views of the Author, and are subject to change at any time without notice. The information provided in the Article and the content has been obtained from sources which the Author believes to be reliable. However, the Author has not independently verified or otherwise investigated all such information. None of the Author, NNW, FNM, or any of their respective affiliates, guarantee the accuracy or completeness of any such information. This Article and content are not, and should not be regarded as investment advice or as a recommendation regarding any particular security or course of action; readers are strongly urged to speak with their own investment advisor and review all of the profiled issuer's filings made with the Securities and Exchange Commission before making any investment decisions and should understand the risks associated with an investment in the profiled issuer's securities, including, but not limited to, the complete loss of your investment.
NNW & FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and NNW and FNM undertake no obligation to update such statements.
Corporate Communications Contact:
New York, New York
FN Media Group, LLC
Released Feb 16, 2021