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Friday , 18 January 2019
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Shantanu Prakash: Education sector needs Edtech

Edtech pioneers like Educomp Shantanu Prakash and Monica Malhotra Kandhari pull in weight as Indian education traverses the cusp of an indiscernible industrial revolution.

Students in India are now getting an edge over concepts that earlier took them more than one class to understand. Be it the Bohr Atomic Model or Solid State Chemistry, virtual reality is giving students an in-depth and accurate overview of important concepts in 3D.It’s mostly fueled by smart education brought forth by ‘edupreneurs’ like Shantanu Prakash and Monica Malhotra Kandhari.

Rather than replacing traditional teaching techniques, edtech (education technology) solutions are aiming to complement them. However, processes that have become obsolete due to technology, are being discontinued. Computer classes and homework are being done with. The focus is being driven towards learning, rather than ‘go to school’. 

Edtechcompanies have revolutionized the sector. The changes above entail organizations that understand where Indian education lags. For example, Shantanu Prakash’s Educomp Solutions prioritized the promotion of smart classes in remote Indian villages after they gained a foothold in the metropolitans.

Quality education = Digitization

There was not much to be added as E-learning companies have already infused virtual reality and interactive content in theirsmart classes and are moving along with the recent technological developments. Educomp Shantanu Prakash shifted his attention towards increasing the territory rather than fortifying the already strong fortress. In an interview, he explained, “The addressable market for Smart class is more than 2 lakh private schools in India. Of these, less than 10% are currently digitized. This fact apart, 14 crore children do not attend schools.

Shantanu Prakashadded, “The need for digital content like smart class in schools is very high in this country because our growing young population desperately needs access to quality education.”   

Innovation a top priority

Monica Malhotra Kandhari, the Managing Director of MBD Group agrees. Like Shantanu Prakash’s Educomp Solutions – which introduced Smart Classes in the 90s, MBD Group provides ICT classrooms, Virtual Reality, smartboards, and interactive videos that make learning fun and effective – as their market pitch elaborates. Internet of Things is allowing these devices to create an environment where teaching and managing big classrooms becomes easier. This comes in handy, especially when there’s a single school for multiple towns and villages.   

It’s the inclusion of ideas like IoT that hint Edtech startups gaining on traditional education in the market. Although these organizations are trying to deliver something unique to incline the market towards their unique solutions for education. The innovators in the space will also need to invest in new technologies keeping the business propensities of the sector in mind – to open new dimensions and create profitable ventures in education.

Educating special-needs students has been made easier as well. American universities are using text-to-speech tools, graphic organizers, sip & puffdevices, and other cutting-edge hardware and software to teach differently-abled students. 

The Indian edtech industry is distinguished for a prolific market. It is steadily growing by 25% each year, and will surely touch $2 billion in 2022. More than 20,000 institutes and a network of almost 1.4 million schools are providing a huge opportunity to E-learning and education technology companies. These tools will soon be accessible to every student if the government and private education entities work hand-in-hand to elevate the reach and quality of Indian education.

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