Global Artificial Intelligence In The Education Sector Expected To Reach $17 Billion By 2027
Amesite Inc. (NASDAQ: AMST) BREAKING NEWS: Amesite Launches V5 Platform, Enabling Every Business, University and Museum to Deliver or Sell AI-Powered, Branded eLearning - Amesite Inc., a leading artificial intelligence software company offering a cloud-based learning platform and content creation services for business, university, non-profit, and government agency learning and upskilling, announces the expansion of its capabilities to serve larger entities, with the launch of Version 5.0 of its AI-driven online learning platform.
"According to the Department of Labor, there are more than 65,000 medium and large companies with over 250 employees in the U.S. Our platform is now an out-of-the-box solution for the enterprises that are onboarding, training, and upskilling large numbers of workers," commented Dr. Ann Marie Sastry, founder, and CEO of Amesite. "Our larger customers have told us their needs and we listened – and now we're delighted to be able to offer our proven, advanced features to the biggest markets in ed-tech."
Version 5.0 of the Amesite Learning Community EnvironmentSM (LCE SM) delivers features and service attributes that offer scalability, security, flexibility and the ability to sell learning products:
The company aims to serve the incredible need for U.S. and Global upskilling. According to Statista, the U.S. workplace training industry was valued at approximately $165 billion in 2020. Global Market Insights expects eLearning revenue to reach $1T by 2028. CONTINUED… Read this full release for Amesite at: https://ir.amesite.com/
Other recent developments in the tech industry include:
Microsoft Corporation (NASDAQ: MSFT) was recently joined by Toronto Mayor John Tory to celebrate the official opening of its new Canadian headquarters and significant investments the company has made over the past four years across Canada. This news also coincides with the launch of new research from EY about Microsoft's impact on the Canadian economy.
"Microsoft has been deeply rooted in Canada for nearly 40 years and our commitment to help grow Canada's innovation economy has never been stronger," said Kevin Peesker, President of Microsoft Canada. "With the launch of our new headquarters, official opening of our Data Innovation Centre of Excellence and expansion of our regional presence, even more organizations of all sizes and sectors can leverage the power of cloud and data to accelerate their organization's growth and drive new economic opportunity for Canada."
edX, a leading global online learning platform from 2U, Inc. (NASDAQ: TWOU), and the University of Maryland's A. James Clark School of Engineering – ranked twelfth in the country in online engineering programs – recently announced the launch of a new Master of Professional Studies (MPS) in Product Management. This new degree from UMD, launched in partnership with edX, is one of the first fully-online product management graduate degrees available from an accredited non-profit college or university, and is offered at approximately $25,000.
Product management – named a top 10 'Best Job in America for 2022' by Glassdoor – is a growing in-demand profession, with 24 percent annual growth in job openings and high earning potential. Following the success of its Product Management Professional Certificate program on edX, which has enrolled over 60,000 learners since it started in May 2020, UMD decided to develop and launch this competitively priced degree program with edX.
Blackbaud (NASDAQ: BLKB), the world's leading cloud software company powering social good, recently announced the launch of Prospect Insights—a new software tool within Blackbaud Raiser's Edge NXT® that enables social good professionals to access actionable, AI-powered insights to drive more major giving.
"Intelligent software is a necessary component of modern fundraising," said Carrie Cobb, chief data officer, Blackbaud. "Social good organizations rely on major gifts, yet many have limited resources on staff to mine through multiple data sources and identify potential donors. Prospect Insights elivers that intelligence, inside of Raiser's Edge NXT, to automate, simplify and improve the process and outcomes for the organization."
PowerSchool (NYSE: PWSC), the leading provider of cloud-based software for K-12 education in North America, recently announced the School District of Newberry County (SDNC) in South Carolina has expanded their use of PowerSchool solutions to make more data-informed educational decisions. SDNC recently selected PowerSchool's Unified Classroom® Performance Matters as its student assessment software solution after years of benefiting from PowerSchool Student Information System (SIS), PowerSchool's Unified Classroom®Schoology Learning, and PowerSchool Enrollment. Upon completion of implementation, SDNC plans to leverage their PowerSchool solutions to offer more personalized and data-driven instruction to its students.
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