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Educomp-Case Study
This document summarizes a case study review of EduComp Solutions Limited, an Indian education company. It provides an introduction to the company, outlines its business initiatives and strategies, and analyzes its strengths, weaknesses, opportunities, and threats. Key points include that EduComp was founded in 1994, provides IT-enabled learning solutions in India and abroad, and aims to serve 15 million learners by 2010 and become a top 5 global K-12 education company by 2012.
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Educomp-Case Study
- 1. This is yourpresentation title A CASE-STUDY REVIEW
- 2. • Introduction • Businessinitiatives • Strategies • SWOT analysis • Financial statement • Awards • Road ahead
- 3. VISION To apply innovativesolutions to solve critical problems relating to "Quality of Education" and "Access to Education" for all
- 4. INTRODUCTION Founded in1994 by Mr. Shantanu Prakash It provides ITES It serves the K-12 segment in India as well as in other countries like US, Singapore, China and Sri Lanka Reaches out to over 23000 schools and 12 million learners world wide
- 6. BUSINESS INITIATIVE B2B Division SmartClass, ICT, Professional Development Product Retail and Consulting Mathguru, ETEN, Millenium Schools, TMS, Vidhya Prabhat schools, learninghour.com,RTW and Euro Kids
- 7. STRATEGIES • EDUCOMP recognizedscope and opportunity for providing IT Enabled learning solutions in Indian schools • EDUCOMP deployed a trained program administrator at every school that implemented smart class EduComp EduInfra Responsible for constructing establishing infrastructure(K-12 schools) EduManage Supplying IP like curriculum books, smart class products etc.
- 8. • It focusedon acquisitions, acquired equity stakes in global companies like Learning.com, Ask n learn pvt. ltd to expand its smart class product globally. • For govt. schools , they adopted PPP strategy and also provided content in regional languages. • They partnered with WIPRO & MICROSOFT and many NGO for executing its teacher training program. • It followed franchising route to expand pre schools
- 9. RETAIL PENETRATION STRATEGY •MATHGURU • LEARNINGHOUR.COM • WIZIQ TUTORING MILLINEAUM LEARNING SYSTEM K-12 INITIATIVES • PRE SCHOOL • ROOTS TO WINGS • CATERED TO THE K-12 SEGMENT • HIGH QUALITY EDUCATION
- 10. SWOT ANALYSIS STRENGTHS First moveradvantage Develop content in regional languages Expansion through -Acquisition and joint ventures abroad & integration and diversification strategies Training for teachers acted as a barriers for new entrants WEAKNESS Requires trained staff – so less teachers available Govt. schools low spending on infrastructure Charges on per student basis: 1.dependent on no. of students 2. dependent on reputation of school OPPORTUNITIES NCLB act of US Emerging IT era Lack of standardize and high quality education in tier III towns Shortage of schools in country Increased govt focus on education THREATS Its a capital intensive business Being an emerging and growing business it invites competition Payments from govt. could be delayed Risk of change in govt. policy Gaining acceptance in tier II and tier III cities
- 11. INCOME STATEMENT 2006 2007 20082009 537.72 1121.72 2769.03 5175.30 322.78 672.02 1739.21 3154.70 214.94 449.70 1029.93 2020.60 Particulars Total Income Total Expenses Net Revenue
- 12. RECOGNITION & REWARDS!!! •Featured in BT-500 2009 list of most valuable private companies in India • Awarded CNBC-ICICI Bank emerging India award as Company of the year 2005 • Featured in Forbes magazine's 200 Best Under A Billion
- 13. To serve 15 million learners by2010 Become top 5 K-12 education companies worldwide by 2012 1-business management 2-hospitality 3-tourism management
- 14.
Editor's Notes
- #2 If education is all about intellectual and mental evolution, then we are about raising the pace and scale of that evolution and achieving new echelons of success-this thinking which has given tremendous success to one company –which is none other than ‘Educomp’….!!!
- #5 Currently, it has empowered over 30 million learners and educators across over 65,000 schools to imagine, think and create a better future. K-12-Kindergaten to 12th std. 1988 passout from IIM-AHMEDABAD Started in 1994 ITES-information technology enabled solutions - The offering of the services from the remote locations with the help of the harnessing of the power of the Information Technology with the help of the telecommunications is referred to as the Information Technology Enabled Services. These services generally include the whole gamut of the operations by which the information technology for the improvement of the efficiency of an organization is exploited.
- #6 Smart-class: helps teachers in private schools in using digital resources such as graphics, 3D images and video clips in addition to the traditional chalk and board method for teaching. Root to wings: pre-school designed to cater to children aged between 2 and 4 in delhi Mathguru: provides online math-help to students in an innovative way. Mathguru provides solutions to students’ mathematics problems step by step using a virtual pen and notebook. Wiziq: web based platform developed by AuthorGen. WiziQ provides services to connect students and tutors online through audio-video and whiteboard capabilities. Learning hour: It provides one-to-one online tutoring services for all curriculums for grades 6 to 12 primarily in India and the Middle East. It also provides coaching for entrance tests like IIT- Joint Entrance Examination and other competitive courses. Educomp online: The millennium school: MLS provides a unique library feature on the laptop provided to the student which explained each word learnt in a lesson visually
- #15 Educomp as a company started with a vision to apply innovative solutions to solve critical problems relating to “Quality of Education” and “Access to Education” for all. They implemented various techniques and strategies primarily for expansion of their business by adopting techniques with less investment requirement. Their too much concentration on business expansion and its efforts for penetration in each and every domain with the view to have higher scalability, according to us, is one of the major reasons of failure currently faced by the company.