Education: open to
digital disruption?
Barry O’Callaghan June 2015
The global education sector is valued at over $5.5tn.
How much can the private sector compete for?
Maybe 10%.
Source: GSV
Advisors report
e-Learning expenditure is growing at 23% CAGR vs 7.4%
for all education. However it represents less than 3% of
the overall market.
Source: IBIS Capital report
Despite this, all is not rosy in the edtech sector.
“Most	
  of	
  what	
  we	
  have	
  	
  today	
  is	
  
very	
  much	
  like	
  an	
  Egyp:an	
  pyramid	
  
with	
  millions	
  of	
  bricks	
  piled	
  on	
  top	
  
of	
  each	
  other,	
  with	
  no	
  structural	
  
integrity,	
  but	
  just	
  done	
  by	
  brute	
  
force	
  and	
  thousands	
  of	
  slaves.”	
  
––	
  Dr	
  Alan	
  Kay,	
  renowned	
  computer	
  scien7st	
  and	
  
one	
  of	
  the	
  earliest	
  members	
  of	
  Xerox	
  PARC
Products are many and disparate and the market is
fragmented.
Teach&&&Learn&Mgt&
Iden0ty&
Mgt&
Lesson&Plan&
Config&
Assessment&
Crea0on&
Comms&&&
Messaging&
Repor0ng&&&
Analy0cs&
Role/Right&
Mgt.&
Content&Mgt.&
En0tlement&
Mgt&
Registra0on&
&Schedule&
Mgt&
LBObject&
Delivery&
Progress&
Mgt&
Assignment&
Mgt&
Performance&
Mgt&
Assessment&
Delivery&
External&
Interfaces&
Collaborate&
&&Search&
IP&Usage&
AKendance&
Designed&
User&
Learning&
Objects&
Lesson&
Plans&
External&
Interfaces&
Usage/User&
AKributes&
Content&
FormaMng&
Content&
Authoring&
Grade&
Discipline&
Creator&or&
Licensor&
Difficulty&
Levels&
Standards&
Correla0on&
On,&Below&
or&GiSed&
IP&Format&
Rights&&&
Permissions&
Assessment&
Item&/Form&
Usage&
Analy0cs&
Content&
Architecture&
User%Access%
Student%
Access%
Parent%
Access%
Administrator%
Access%
Affiliate%
Schools%
Community%
Orgs%
Teacher%
Access%
Systems%&%Data%
Content%
Gradebook%
Learning%
Mgt%
Teacher%PD%&%
EffecCveness%
Assessment%
Data%Mgt.,%
AnalyCcs%&%
ReporCng%
SIS%
Lesson%
Plans%
InstrucCon%
&%Learning%
Objects%
Assessment%
Items%&%
Forms%
PD%and%
Teaching%
Resources%
Parent%
Resources%%
Pacing%
Guides%
Initial Universe of Companies
SIS
Eagle Software
Edupoint
eSchoolData
Focus SIS
Follett (X2)
SASixp
Scantron Corporation
SchoolMax
Skyward
STI
Tyler Technologies
Zangle
Gaming and Apps Teacher Tools
360Ed The Education Arcade
BrainNook Woogi Academy
CarrotSticks Mangahigh
DimensionU
Fingerprint Digital
GameSpark
littleBits
MindSnacks
Motion Math
Quizlet
Sokikom
Stickery
Assessment / Platform Systems LMS
AcademicMerit, LLC NWEA
ALEKS Pacific Metrics
ASSISTments Performance Matters
ATI Galileo PLATO Learning (ARCL)
Avant Assessment Questar Assessment Inc.
CCKF Vantage Learning
Data Recognition Corp.
Datawise
Dreambox Learning
Edmin
ExamView
Illuminate
LMS
Angel Learning Inventive Technology
BrainHoney Iqity
CourseKit / LORE itsLearning
Desire2Learn Moodle
eChalk Moodleroons
eCollege NaMaYa
EDMin Nixty
Edmodo Renzulli Learning
Education Elements RM Learning Platform
Haiku SchoolCity
HotChalk Schoology
Instructure (Canvas K-12) SKY
Social / Communication Tools Online Course Delivery
ClassLink Sophia
Edmodo TeachStreet
eduFire
Edutone
eGenio
ePals
Gaggle
Goalbook
Klablab
Pocket Tales
School Loop
Schoolwires
Comprehensive Platforms
American Virtual Academy
Bookshare / Benetech
ConnectEDU
GlobalScholar
Time to Know
VSCHOOLZ
Sclipo
Initial Universe of Companies
Online Course Delivery Classroom Mobile Use
Advanced Academics Kaplan Virtual Education All In Learning
American Academy OdysseyWare Brainchild
Apex Learning Udacity Brainscape
Calvert Udemy eSpark
Compass Learning Highlighter
Coursera MasteryConnect
e2020 Matygo
EdisonLearning Socrative Learning
EPGY Online High School Top Hat Monocle
General Assembly
Insight Schools
K12, Inc.
Language Learning
Abroad101
Eleutian
Mingoville
Myngle
Open English
Rosetta Stone
SayHi Translate
Interactive Online eLearning / Resources (inclusive of Test Prep, Tutoring, HW)
A-List Education Koofers smsPREP
Academic Earth Magoosh SnappSchool
BenchPrep Memrise StudySync
BlueTeach OpenStudy SureScore
Brightstorm PrepMe Tutor Cloud
Compass e-Tutor PrepU Tutor.com
Cramster Revolution Prep TutorVista
EducateNcare Shmoop Virtual Nerd
Grockit Skillshare WizIQ
I Need a Pencil Slader
Kaplan SMARTTHINKING
Knewton
Textbook Plays
Amazon Student App
Boundless
Chegg
Courseload
Eleven Learning
Inkling
Kno
Sapling Learning
Test Prep
BenchPrep
Grockit
I Need a Pencil
Kaplan
Magoosh
PrepMe
Revolution Prep
Schmoop
smsPrep
Initial Universe of Companies
CORE Instruction and Intervention
Achieve3000 Class.com/Cambium Inspiration Software Success For All
AdaptedMind Conceptua Math istation TenMarks
Adaptive Curriculum Curriculm Associates IXL Math TUNEin to Reading
Agile Mind Destination Math/Reading Learning A to Z UMathX
ALEKS ExploreLearning Learning.com Waterford Early Learning
Apangea Learning Fast ForWord Reading Program Lexia Learning Wowzers
Big Universe FASTT Math MathScore.com
Brainpop Guaranteach MIND Research Institute
Brightstorm Headsprout/Mimio Moving with Math
Brittannica Digital Learning HeyMath! Psychological Software Solutions
BuzzMath I CAN LEARN Education Systems Reasoning Mind
Carnegie Learning Imagine Learning School of One
Specialized CORE
CAST
Discovery
Everfi
Livemocha
Presence Learning
Psychological Software
Rethink Autism
Ripple Effects
SAS Curriculm Pathways
Spongelab
Voyager Learning
Initial Universe of US edtech companies,
from recent research by Education Growth
Advisors.
Beanstalk Innovation - products in the
edtech ecosystem.
Meanwhile, how much has really changed
in classrooms?
Would a surgeon from 1920…
…be able to work in an operating theatre
from 2015?
What about a teacher?
How should we think about the edtech
sector?
USA
International
B2B B2C
Emerging markets
B2G
A bit about Rise Global. Having initially established Rise
in China in 2007, this business was successfully sold to
Bain Capital in October 2013.
0
2
6
10
17
9A 10A 11A 12A 13F
EBITDA
12-16 CAGR 51%
10
19
32
46
66
9A 10A 11A 12A 13F
GAAP,Revenues
US$m’s5
12-16 CAGR 28%
2009 2010 2011 2012 2013 2009 2010 2011 2012 2013
We are now expanding around the world. Rise Global’s
joint venture partners include:
Country( Partner(
South&Korea& Time&
Indonesia& Binus&
Thailand& iGroup&
Myanmar&& iGroup&
Japan& CELN&
Saudi&Arabia&/&GCC& Al&Mojel&
Nigeria& Gamma&
China& Rise/&Bain&Capital&
India& S.&Chand&
Brazil& Abril&
Puerto&Rico& Bean&Stalk&InnovaIons&
Panama&& Bean&Stalk&InnovaIons&
Rise Global partners around the world include:
Is technology a disruptor in education? No. It’s an
enabler. Nothing will replace the social contract, the desire
to learn and the will to teach.
Thank you
boc@riseglobal.ie

RiseGlobal - NOAH15 Berlin

  • 1.
    Education: open to digitaldisruption? Barry O’Callaghan June 2015
  • 2.
    The global educationsector is valued at over $5.5tn. How much can the private sector compete for? Maybe 10%. Source: GSV Advisors report
  • 3.
    e-Learning expenditure isgrowing at 23% CAGR vs 7.4% for all education. However it represents less than 3% of the overall market. Source: IBIS Capital report
  • 4.
    Despite this, allis not rosy in the edtech sector. “Most  of  what  we  have    today  is   very  much  like  an  Egyp:an  pyramid   with  millions  of  bricks  piled  on  top   of  each  other,  with  no  structural   integrity,  but  just  done  by  brute   force  and  thousands  of  slaves.”   ––  Dr  Alan  Kay,  renowned  computer  scien7st  and   one  of  the  earliest  members  of  Xerox  PARC
  • 5.
    Products are manyand disparate and the market is fragmented. Teach&&&Learn&Mgt& Iden0ty& Mgt& Lesson&Plan& Config& Assessment& Crea0on& Comms&&& Messaging& Repor0ng&&& Analy0cs& Role/Right& Mgt.& Content&Mgt.& En0tlement& Mgt& Registra0on& &Schedule& Mgt& LBObject& Delivery& Progress& Mgt& Assignment& Mgt& Performance& Mgt& Assessment& Delivery& External& Interfaces& Collaborate& &&Search& IP&Usage& AKendance& Designed& User& Learning& Objects& Lesson& Plans& External& Interfaces& Usage/User& AKributes& Content& FormaMng& Content& Authoring& Grade& Discipline& Creator&or& Licensor& Difficulty& Levels& Standards& Correla0on& On,&Below& or&GiSed& IP&Format& Rights&&& Permissions& Assessment& Item&/Form& Usage& Analy0cs& Content& Architecture& User%Access% Student% Access% Parent% Access% Administrator% Access% Affiliate% Schools% Community% Orgs% Teacher% Access% Systems%&%Data% Content% Gradebook% Learning% Mgt% Teacher%PD%&% EffecCveness% Assessment% Data%Mgt.,% AnalyCcs%&% ReporCng% SIS% Lesson% Plans% InstrucCon% &%Learning% Objects% Assessment% Items%&% Forms% PD%and% Teaching% Resources% Parent% Resources%% Pacing% Guides% Initial Universe of Companies SIS Eagle Software Edupoint eSchoolData Focus SIS Follett (X2) SASixp Scantron Corporation SchoolMax Skyward STI Tyler Technologies Zangle Gaming and Apps Teacher Tools 360Ed The Education Arcade BrainNook Woogi Academy CarrotSticks Mangahigh DimensionU Fingerprint Digital GameSpark littleBits MindSnacks Motion Math Quizlet Sokikom Stickery Assessment / Platform Systems LMS AcademicMerit, LLC NWEA ALEKS Pacific Metrics ASSISTments Performance Matters ATI Galileo PLATO Learning (ARCL) Avant Assessment Questar Assessment Inc. CCKF Vantage Learning Data Recognition Corp. Datawise Dreambox Learning Edmin ExamView Illuminate LMS Angel Learning Inventive Technology BrainHoney Iqity CourseKit / LORE itsLearning Desire2Learn Moodle eChalk Moodleroons eCollege NaMaYa EDMin Nixty Edmodo Renzulli Learning Education Elements RM Learning Platform Haiku SchoolCity HotChalk Schoology Instructure (Canvas K-12) SKY Social / Communication Tools Online Course Delivery ClassLink Sophia Edmodo TeachStreet eduFire Edutone eGenio ePals Gaggle Goalbook Klablab Pocket Tales School Loop Schoolwires Comprehensive Platforms American Virtual Academy Bookshare / Benetech ConnectEDU GlobalScholar Time to Know VSCHOOLZ Sclipo Initial Universe of Companies Online Course Delivery Classroom Mobile Use Advanced Academics Kaplan Virtual Education All In Learning American Academy OdysseyWare Brainchild Apex Learning Udacity Brainscape Calvert Udemy eSpark Compass Learning Highlighter Coursera MasteryConnect e2020 Matygo EdisonLearning Socrative Learning EPGY Online High School Top Hat Monocle General Assembly Insight Schools K12, Inc. Language Learning Abroad101 Eleutian Mingoville Myngle Open English Rosetta Stone SayHi Translate Interactive Online eLearning / Resources (inclusive of Test Prep, Tutoring, HW) A-List Education Koofers smsPREP Academic Earth Magoosh SnappSchool BenchPrep Memrise StudySync BlueTeach OpenStudy SureScore Brightstorm PrepMe Tutor Cloud Compass e-Tutor PrepU Tutor.com Cramster Revolution Prep TutorVista EducateNcare Shmoop Virtual Nerd Grockit Skillshare WizIQ I Need a Pencil Slader Kaplan SMARTTHINKING Knewton Textbook Plays Amazon Student App Boundless Chegg Courseload Eleven Learning Inkling Kno Sapling Learning Test Prep BenchPrep Grockit I Need a Pencil Kaplan Magoosh PrepMe Revolution Prep Schmoop smsPrep Initial Universe of Companies CORE Instruction and Intervention Achieve3000 Class.com/Cambium Inspiration Software Success For All AdaptedMind Conceptua Math istation TenMarks Adaptive Curriculum Curriculm Associates IXL Math TUNEin to Reading Agile Mind Destination Math/Reading Learning A to Z UMathX ALEKS ExploreLearning Learning.com Waterford Early Learning Apangea Learning Fast ForWord Reading Program Lexia Learning Wowzers Big Universe FASTT Math MathScore.com Brainpop Guaranteach MIND Research Institute Brightstorm Headsprout/Mimio Moving with Math Brittannica Digital Learning HeyMath! Psychological Software Solutions BuzzMath I CAN LEARN Education Systems Reasoning Mind Carnegie Learning Imagine Learning School of One Specialized CORE CAST Discovery Everfi Livemocha Presence Learning Psychological Software Rethink Autism Ripple Effects SAS Curriculm Pathways Spongelab Voyager Learning Initial Universe of US edtech companies, from recent research by Education Growth Advisors. Beanstalk Innovation - products in the edtech ecosystem.
  • 6.
    Meanwhile, how muchhas really changed in classrooms?
  • 7.
    Would a surgeonfrom 1920…
  • 8.
    …be able towork in an operating theatre from 2015?
  • 9.
    What about ateacher?
  • 10.
    How should wethink about the edtech sector? USA International B2B B2C Emerging markets B2G
  • 11.
    A bit aboutRise Global. Having initially established Rise in China in 2007, this business was successfully sold to Bain Capital in October 2013. 0 2 6 10 17 9A 10A 11A 12A 13F EBITDA 12-16 CAGR 51% 10 19 32 46 66 9A 10A 11A 12A 13F GAAP,Revenues US$m’s5 12-16 CAGR 28% 2009 2010 2011 2012 2013 2009 2010 2011 2012 2013
  • 12.
    We are nowexpanding around the world. Rise Global’s joint venture partners include: Country( Partner( South&Korea& Time& Indonesia& Binus& Thailand& iGroup& Myanmar&& iGroup& Japan& CELN& Saudi&Arabia&/&GCC& Al&Mojel& Nigeria& Gamma& China& Rise/&Bain&Capital& India& S.&Chand& Brazil& Abril& Puerto&Rico& Bean&Stalk&InnovaIons& Panama&& Bean&Stalk&InnovaIons& Rise Global partners around the world include:
  • 13.
    Is technology adisruptor in education? No. It’s an enabler. Nothing will replace the social contract, the desire to learn and the will to teach.
  • 14.