Is EdTech the new FinTech?

Digital technologies are starting to transform education. The range of new learning begins in early childhood and continues with baby-boomers looking to continue their studies or learn something new. Also, increasingly more students are using technology in various ways to learn: through tablets, computers and on their mobile phones. Teachers are also using more edtech products and screens to strategize and modify their lesson plans. Online texts are replacing physical textbooks, and personalized learning provides students with the ability to learn and explore at their own pace and on their own time.

Last year, David Bainbridge, CEO of UK-based Knowledgemotion, published an article on TechCrunch titled “Edtech is the Next Fintech.” According to Bainbridge, a new education world has begun with investments in edtech set to reach $252 billion globally by 2020.

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By Robin Shulman, Forbes

 

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