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What is EdTech?

Nowadays, technology has become a part of everyday life. when integrated into the education system. Therefore, it has evolved into an effective modern learning medium. and able to support more students or called EdTech for short.

EdTech’s innovations to help education lead to improvements in the quality of learning. Learners can access information more easily. leading to further development at the corporate level in developing new skills for employees and at the educational institution level that promotes continuous learning through new methods.

Therefore, it is another Tech Startup that investors are interested in.

Let’s get to know EdTech in detail with examples of EdTech Startup in Thailand.

EdTech Educational Technology

EdTech (Education Technology) is educational technology. that differentiate from traditional learning to create new learning styles that are suitable for learners of all ages Its main aim is to provide learners with effective access to education. Convenient and easy to use with the right resources

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EdTech and the importance of youth education

Although learning in today’s classrooms is still a necessity for young people. But the arrival of EdTech will be an alternative solution that helps meet the needs of learning solutions in the development of new formats, increasing the quality of the content. There is technology to support teaching and learning. And can measure the achievement that makes the results of the learners more clearly.

Youth must pay attention and care about learning. But with the difference in the basics of each child coupled with the behavior of the youngsters of the new era who study quite hard This can cause learning fatigue problems, which many EdTech Startups have created solutions to solve these problems.

Take, for example, Kahoot! EdTech Startup as Game-Based Learning that is changing the learning world. By inserting the content of the lesson into the game format. In which students will have to solve puzzles using the lesson content while playing. Let learners practice using knowledge on their own.

Using games as a learning medium It is an upgrade of teaching that will make players feel fun and knowledgeable. It is also instilling a Growth Mindset for youngsters to be interested in learning in the future as well.

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EdTech and the education of working-age learners

In addition to increasing educational efficiency for young people, EdTech also has a positive effect on learning for other ages, such as working age groups. who want to develop their own skills and abilities Currently, there are many EdTech Startups that are sources of new knowledge.

Take, for example, Coursera, edX and Udemy, which are home to many of the world’s leading universities such as Oxford or Cambridge, offering online courses to the public from anywhere in the world.

There are also many organizations that have applied EdTech to develop the potential of personnel within the organization.

Investor Interest in EdTech

In its early stages, EdTech was in its infancy. Only a small number of investors are interested. But due to the impact of COVID-19, EdTech has become one of the hottest tech startup businesses ever.

This crisis has caused people to lockdown around the world to prevent the epidemic. People can’t leave their homes. And many young people have to learn through online platforms. Such a crisis is a catalyst for learning adaptation, which EdTech answers the challenges in times of crisis to help fill education opportunities very well.

Integration with EdTech’s digital platform that can learn from anywhere, has an AI system that processes education to suit the learners. They can also measure the results that come out clearly. Responding to both student and teacher questions

when exposed to these powerful new learning experiences Make people more aware of the importance of EdTech, ready to adapt to learn and sees the importance that it will benefit the education system around the world in the development of educational models by leaps and bounds in the future. Not only during this crisis

This is why more investors are keeping an eye on EdTech.

The educational research agency HolonIQ has charted a statistical graph of investments in educational technology from 2010 to 2019. which last year amounted to $7 Billion ($7 Billion Dollar).

HolonIQ also forecasts $10 trillion ($10 Trillion Dollar) movements in the education market by 2030.

Unlike other technology businesses, technology education is not focused solely on the bottom line of profit. but also helps to solve social problems Many investors are willing to support innovations that make the future of society better.

However, the idea of ​​innovation must be interesting. Demonstrate profitability potential and really solve problems that are currently occurring So it can attract investors’ attention.

Examples of EdTech Startups in Thailand

Let’s take a look at EdTech Startup in Thailand and how to do business. and their adaptation

OpenDurian

OpenDurian “Open-View-Learn” is an EdTech Startup in the form of an online lesson platform that takes into account the educational success of students.

by bringing together many educational experts Analyze the suitability for different lesson plans, screen content. and appropriate study period for the maximum benefit for learners

OpenDurian’s idea began with a desire to change the way education in Thailand becomes more concrete. Thus sparked the idea of ​​creating a platform to improve education and help students to prepare for exams better. By choosing to do it in an online format for students to easily and conveniently access. What time can you study?

during development faced many obstacles and problems But it can reverse failure. Build your platform’s strengths with quality textbooks. On the point and answering the questions of students preparing for university entrance exams

This made OpenDurian a huge success through word of mouth among students. This made OpenDurian’s revenue exceeded expectations of millions of baht since the first year.

InsKru

insKru is an EdTech Startup community of teachers. to share teaching and learning ideas for the teaching profession

by including various ideas shared by teachers across the country Whether it is lesson plans, teaching materials, practice sheets, teaching techniques, ideas for use in the classroom. Including asking questions to ask for help

The beginning of insKru was caused by the founder’s view that In Thailand, there are many teachers who are good at teaching, fun to teach and ready to share ideas. but no space to share And at the same time, there are many teachers who want to teach well. But stuck with no ideas

The founders wanted a platform that could connect these teachers to share ideas and experiences. to help solve problems encountered inspire each other With the idea that “good stories are not limited to one classroom. but pass it on to classrooms across the country.”

insKru does not target learners. but a teacher As a result, there are many people in the same profession who are interested in each other a lot. More than 1,000 ideas have been shared and used in more than 10,000 classrooms across the country. become a large network that helps push Thai teachers to have the potential to teach children better

Summary

EdTech has shown its potential over the past year. There are many signs of future growth to be seen. In addition to the success in business terms, it also helps the society to develop. Fulfill lifelong learning and reduce educational disparities seen in society. Therefore, there are many people who are ready to support.

If you see an opportunity to improve the future of learning Don’t wait, hurry up and do it. because of your innovation It could be a major force that will make a big change. Upgrading the current teaching and learning standards, creating quality youths and personnel. for a better quality of society in the future