Top 5 B2B Ed-Tech companies using AI to transform education.
For a while now, artificial intelligence (AI) has been utilized in the field of education to perform tasks that require human-like intelligence. The first experience with AI would be an adaptive test, where the questions got harder the more accurately you answered them. Over the past ten years, computing power has improved significantly, and artificial intelligence is developing to play a larger role in education for both teachers and students.
According to a research from analytics company Tracxn, ed-tech players have attracted a staggering $3.81 billion in funding just in the first seven months of 2021. With the use of AI-based education technology, we will soon be able to use face recognition to read students' facial expressions, identify their points of difficulty, and adapt the lesson plan accordingly. Each student's profile will be fully disclosed to teachers. The top 5 B2B Ed-Tech businesses with the quickest growth rates that are utilising AI to disrupt the education industry are listed below:
1. Next Education
Through the Next Learning Platform, Next Education has been a key player in assisting schools in making the switch from offline to online academic activities. The platform, which is SaaS-based, guarantees the best virtual teaching and learning experience. It is jam-packed with AI-driven capabilities to evaluate and monitor students as well as assist teachers in keeping track of each student's academic development. For instance, the platform's Next Assessment is a potent AI-based tool that enables teachers to offer adaptive exams, construct assessments using an autonomous assessment generator, and provide students with individualised feedback.
With exams that adapt to the learning requirements of specific pupils, Next Assessment supports the success of all sorts of learners. The Smart Concept Test based on Item Response Theory and the Smart Revision Test based on Knowledge Space Theory are used to assess students' knowledge. The former measures students' conceptual understanding of a given chapter, while the latter assesses students' comprehension of the chapter as a whole by connecting its various concepts.
2. Lead School
By providing every kid in India with an outstanding school education that is both accessible and inexpensive, we hope to empower the country with the modest ideals of empathy and honesty. In order to help kids LEARN effectively, THINK deeply, DO good, and BE leaders, we consistently align our educational principles with our concepts of leadership. Our aim is crystal clear and defined: to give energising learning experiences to over 26 million kids by 2026. This vision is supported by strong core beliefs and a motto to strive for excellence.
3. Classpro
Jayesh Gopalan and two of his Mumbai classmates founded Classpro in 2011, which at the time was the first business to develop an online tool for managing coaching sessions. Coaching centres may now teach their students online, share pre-recorded lectures with students who might experience internet troubles while taking online lessons, assist students in digitally submitting their assignments, and even administer tests online thanks to their new technology.
4. Kneura
Kneura is a user-friendly virtual classroom platform that gives educators strong tools to create and deliver lessons (live and online), grade assignments, counsel students, and engage with them in order to produce exceptional learning outcomes. Using interactive tools and access to the most recent curated content resources, the platform enables teachers to design stunning classes. These classes are interactive, and after being shared, students can view them through real-time collaboration.
5. Upswing's Learning
Given how quickly technology is developing, it is essential that schools and instructors make this change. The Learning Management System from Upswing is designed to give teachers the tools and authority they need to engage students in learning. Time is of the utmost in everyone's life today, thus Upswing Learning is designed to support all the major stakeholders—school administrators, teachers, parents, and students—in their daily operations. LIVES ARE TRANSFORMED BY EDUCATION, BUT WHAT CHANGES EDUCATION? The House of MS Ramaiah gave birth to Upswing Learning on the basis of this very idea.