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Digital Disruption in the Global Education Sector

Digital Disruption in the Global Education Sector

  • June 2016
  • 49 pages
  • ID: 4109131

Summary

Table of Contents

Micro to Macro Implications of New Trends and Game-changing Technologies in Education

This market report on digital disruption in education will provide information technology (IT) vendors with an insight into the growth opportunities of the sector. Historically, education has been characterised by underestimated opportunities, given the poor visibility of the trends and challenges faced by the sector. Education technology can disrupt traditional service providers, and other IT vendors with applicable tools need to seize the opportunities before more nimble start-ups can lock them down. Education now represents a huge underaddressed market with significant new revenue streams available.

Definitions
Education Sector: The education sector comprises people, companies, and institutions offering education services at the K-12/primary, higher education, and professional/corporate levels. This includes schools, publishers, academia, and other service providers.
Artificial Intelligence/Machine Learning: Artificial Intelligence is a target of complex data analysis which Machine Learning is an approach to achieve. Machine Learning uses software to perform complex tasks like image recognition, categorisation, and recommendation.
Internet of Things: The Internet of Things is a new computing paradigm in which every physical object also has a digital presence to enhance its capabilities, bringing new sensors, and data.
Blockchains: Blockchains are a new data structure that allow secure and verifiable peer-to-peer data and resource transactions without the need for a middleman.
Big Data: Big Data encompasses a variety of tools and storage methods for data in the modern age, as millions of devices are connected in the Internet of Things.
Cloud Computing: Cloud computing is the efficient use of hardware resource and investment by outsourcing storage and processing power to huge datacentres.
Quantum Computing: Quantum computing (currently in the research phase) is a breakthrough in processing power that will exponentially accelerate machine learning and require a redesign of security and encryption protocols.

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