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Startup Class Technologies Bets Big on the Future of Online Learning (and Zoom) – EdSurge News

Shout the information It might not appear too shocking that one of many best-funded edtech startups previously yr of pandemic has been an organization that piggybacks on the success of … Read More

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It might not appear too shocking that one of many best-funded edtech startups previously yr of pandemic has been an organization that piggybacks on the success of Zoom so as to add instruments for working on-line lessons. But the sheer measurement of its fundraising might elevate some eyebrows.

Class has raised greater than $165 million from a mixture of sources together with GSV Ventures, Owl Ventures and Reach Capital because it was based almost a yr in the past. Last month EdSurge sat down with its founder and CEO, Michael Chasen, to search out out what he’s seen to this point and the place the corporate hopes to go subsequent.

Chasen is a well-known determine in edtech: he co-founded Blackboard, one of many largest suppliers of studying administration techniques to schools and faculties, and served as its CEO for years. As he watched his personal youngsters modify to on-line education in the course of the pandemic, he felt that Zoom lacked options to let lecturers deal with customary classroom actions similar to taking attendance or giving quizzes.

He knew that Zoom had a growth equipment, or SDK, that allow different software program combine on prime of the video platform, so he determined to construct these options into what grew to become Class.

“Now you can use Zoom, but take attendance, hand out assignments, give tests or quizzes, proctor those exams, and talk one-on-one with the students,” he says. “We let you replicate the physical class in an online environment.”

The plan when the corporate began was to start out with increased training and Ok-12 and later increase into the company studying market. But Chasen stated Class received so many inbound requests from the company aspect that they’ve performed extra there already than initially thought.

In company coaching, he stated, “they moved these classes online, and they found that the employees are more engaged with the live teacher. If you tell your employees, ‘You could take this management course, it’s self-paced, it’s on your own,’ Half of them get around to it. Half of them don’t don’t really care. If you tell them, ‘It’s at seven o’clock on Wednesday night, there’s a teacher there,’ everybody shows up. And they’re more engaged. And now with Zoom, you can really have a live class [remotely].”

Most faculties have been already doing at the very least some on-line training even earlier than the pandemic hit. But Chasen says that increased training additionally supplied many on-line lessons asynchronously previously, which means that college students might undergo them on demand fairly than displaying up at a set time. But he stated faculties at the moment are additionally transferring to have extra reside periods in on-line programs, and so they’re on the lookout for instruments to make that occur.

Class already has a well-funded rival to supply a next-generation on-line classroom, a startup referred to as Engageli that has raised greater than $47 million previously yr. That firm’s device was constructed from the bottom up, whereas Class is an add-on to Zoom, which signifies that establishments who wish to use Class need to additionally buy a license to Zoom in the event that they haven’t already performed so.

Chasen argues that standing on the shoulder of a fast-growing video platform means he can provide a extra strong and safe expertise. “Zoom has multi-billion dollars of video and audio architecture behind them for streaming these classes or meetings live. I could never even build that,” he stated. “I was able to focus all of our development on really adding the teaching and learning tools to Zoom. I didn’t have to worry about the audio video transcribing or anything like that.”

But if Zoom is already constructed, why does Class want all of the funding cash?

“Zoom is actually a very expensive platform to develop on,” Chasen explains. Because it is a downloadable app, his staff needed to create separate variations of Class for Windows, Chrome, Mac OS and a number of other cell working techniques. That means his growth prices are almost 5 occasions as a lot as if he constructed a chunk of software program for the online. Currently, he estimates there are between 80 to 100 folks at Class engaged on “development and consulting services.”

While Zoom has grown in training for the reason that begin of the pandemic, there are nonetheless many faculties and faculties which have already adopted a rival video platform, similar to Microsoft Teams or Google Classroom.

Lessons Learned

What did Chasen be taught from his expertise because the longtime CEO of Blackboard?

He stated his greatest benefit is that he is aware of so many figures in increased ed and Ok-12 primarily based on his earlier work, which made it simpler to type advisory teams and get suggestions as he developed Class.

At Blackboard, Chasen had a repute as one thing of a enterprise shark, shopping for up opponents and suing rivals. And many professors and faculty leaders criticized the corporate throughout that interval for not feeling like a accomplice.

Chasen says he has discovered from that have as nicely.

“When I started Blackboard I was a lot younger and I didn’t have a lot of experience,” he stated. “I don’t think we were working as closely as we should have with institutions to be getting that feedback and getting input along the way.” In distinction, he says one of many first issues he did at Class was create advisory boards to get neighborhood enter.

At the second, Chasen sees loads of faculties keen to return to in-person. But he stated that many districts have began or expanded digital academies to provide choices to these college students that do higher on-line or want the web possibility.

He stated that he sees Ok-12 as extra of a “long-term opportunity,” since faculties have been doing little on-line training earlier than the pandemic. Now, many see it as one thing to maintain within the mixture of choices sooner or later.

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The plan when the corporate began was to start out with increased training and Ok-12 and later increase into the company studying market. But Chasen stated Class received so many inbound requests from the company aspect that they’ve performed extra there already than initially thought.

Source: https://www.allplacesmap.com/news/education/startup-class-technologies-bets-big-on-the-future-of-online-learning-and-zoom-edsurge-news.html

EdTech

Despite Physical Classes, EdTech to Dominate School Education in Schools in Post-Pandemic World, say Experts

The Coronavirus pandemic and the subsequent lockdown had prompted most schools to identify technology based innovative solutions to create a relevant learning ecosystem for all students.

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Pandemic Has forced EdTech Education in Schools, Claim Industry Experts (Representative image)

Pandemic Has forced EdTech Education in Schools, Claim Industry Experts (Representative image)

The Coronavirus pandemic and the subsequent lockdown had prompted most schools to identify technology based innovative solutions to create a relevant learning ecosystem for all students.

  • PTI New Delhi
  • Last Updated:November 23, 2021, 14:55 IST
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The Coronavirus pandemic and the subsequent lockdown had prompted most schools to identify technology based innovative solutions to create a relevant learning ecosystem for all students. Experts believe, that in a post pandemic scenario, when schools reopen, the trend would be towards higher adoption of technology and systems so that schools can not only weather disruptions better but raise their standards of learning outcomes.

The introduction of technology tools has helped democratise access to high quality education and facilitate student engagement. Satish Bommala, School Owner, of Great woods High School- Hyderabad stated that as the world is getting transformed due to the adoption of technology, it has also helped students get access to better quality of education now. Technology today has helped schools to increase the speed of learning and bridge the learning gaps among all students, he explained.

Read: SC Asks IIT Bombay to Allot Seat to Dalit Boy Who Missed Fee Payment Deadline

The education system in India had been very traditional, thus pushing the need to design a holistic curriculum with job creation as the objective of the future. The education reforms are therefore focussing on how to make education more universal in the country and more inclusive, Ramanan Ramanathan, Former Mission Director, Atal Innovation Missionand Additional Secretary, NITI Aayog said.

India is in the top 48 of the global innovative indices and to enter in the global top 10, bringing large scale educational reforms and leveraging on digital technology to impart learning is going to be crucial.

Technology has empowered the teachers in India to adopt a multi-modal form of learning which is a combination of audio-visual along with textbooks and experiential kits. This has enabled them to deliver learning solutions at global standards.

Read: Tamil Nadu Has Highest Number of Women Entrepreneurs: IIT Madras Study

Gouri Gupta, Lead, Education Technology, Central Square Foundation stated that reintroducing learning through a hybrid model will help in the recovery of the learning loss and help the transition back to school. The quality of education which we all worry about in affordable private schools or government schools, can be addressed with the use of technology, she said. Sumeet Mehta, co-founder and chief officer of LEAD explained that schools have traditionally been following a linear format where students are tested and given certain marks but carry forward their learning gaps without remediation.

There is a need to move towards a spiral format where technology can help. With the help of the student’s data which can be collated at a very granular level, technology can inform the teachers on the areas of improvement and the remedial action to help the weak students, he said.

Read all the Latest News, Breaking News and Coronavirus News here. Follow us on Facebook, Twitter and Telegram.

Source: https://www.news18.com/news/education-career/despite-physical-classes-edtech-to-dominate-school-education-in-schools-in-post-pandemic-world-say-experts-4477139.html

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DeepSphere.AI Personalizes Complex AI Curriculum Using Cognitive Learning Methodology | Chennai NYOOOZ

Chennai, Tamil Nadu, India (NewsVoir) • Its on-cloud intelligent Learning Management System (iLMS) provides fully personalized study materials, lab projects, and assessments • Offered on a SaaS subscription model, iLMS increases the active participation of students by 100% and boosts their learning potential by 96% DeepSphere.AI, an EdTech company with its presence in Palo Alto, USA and Chennai, India offering a wide range of foundation, intermediate, and advanced courses on Artificial Intelligence for students and professionals, achieves 100% personalization of learning by providing personalized study materials, lab projects, and assessments on its on-cloud intelligent Learning Management System (iLMS). iLMS is a first-of-its-kind platform that turns complex AI curriculum into personalized and cognitive learning methodology. It also achieves 100% student engagement, besides boosting the learning potential of students by 96%. Available on a subscription model for schools, colleges & universities, organizations and self-employed, iLMS offers recommendations and feedback on the learning speed, ability, and participation of students, as they learn. DeepSphere.AI maps and reviews the goals of learners and takes appropriate corrective action to help students realize their goals. Founded in September 2018, DeepSphere.AI’s team comprises board members of the University of California, lead instructors, MIT learning facilitators, Harvard PhDs, Stanford alumni, industry leaders, and entrepreneurs. Its Co-founder, Mr. Jothi Periasamy is a learning facilitator. He taught artificial intelligence for business at MIT Computer Science & Artificial Intelligence Laboratory (MIT CSAIL), focusing on personalizing and simplifying the learning of AI. To facilitate in-person learning, the company opened its Chennai office on 27 August this year. In his comments, Mr. Venkatrenga Gupta, Managing Director, DeepSphere.AI, said, “AI is making inroads in every industry. But we are hugely short of skilled manpower. Our aim is not only to offer AI education, but to do it in a way that befits AI science. Hence, we developed iLMS which itself makes use of AI and Machine Learning to understand the learning stages of the students and accordingly customizes their learning process. We also coach and mentor students and help them gain hands-on practical problem-solving skills and learning experience in applied artificial intelligence. To date, we have trained more than three hundred thousand students and professionals through our partnership with fifty educational institutions and hundred organizations.” On employment facilitation, he said, “When it comes to career development and transition, we work with every learner on a one-on-one basis to understand their career goals and objectives. Also, we provide leads and recommendations for employment opportunities. Further, we also hire students as interns for our internal projects and product development. Till date, we have helped over 300 students make career transformations and thousands of them plan for career advancements.” The iLMS platform is built on SAP Litmos and Google Cloud technologies, and it

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Source: https://www.nyoooz.com/news/chennai/1628778/deepsphereai-personalizes-complex-ai-curriculum-using-cognitive-learning-methodology/

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Businesses have approached the government to clarify the impact of GST.

Businesses have approached the government to clarify the impact of GST on discounts, reduced prices and extended payment cycles.

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Businesses have approached the government to clarify the impact of GST on discounts, reduced prices and extended payment cycles.

Businesses have approached the government to clarify the impact of GST on discounts, reduced prices and extended payment cycles which they had provided to the customers. The COVID-19 pandemic had driven customers to renegotiate prices.

The goods and services tax is paid when an invoice or bill is issued. As such, businesses are now finding it difficult to claim credit or amend taxes already paid when they have not received payment from the clients or have received reduced amounts. Abhishek A Rastogi, partner at law firm Khaitan & Co, told ET that IGST element on the credit note issued is not treated as an input tax credit and as a corollary there is a restriction in the system to adjust IGST and CGST or SGST.

He highlighted that the GST is divided into three components – IGST, CGST and SGST. “A part of the tax is levied on goods imported. CGST and SGST are two components of the tax framework where revenue generated is collected by the central and state governments respectively. Under the GST framework, the input tax credit is essentially a tax paid on raw materials or input services. This can be used to reduce future GST liability.”

Also Read: RBI tightens norms, directs lenders not to standardize NPA account

Rastogi pointed out that as there is no specific provision in the statute to provide such a restriction, the constitutional validity of this restriction may be tested as the situation is a clear example of tax cascading, which is not the objective of GST. “Companies are unable to claim GST already paid under the present GST framework even if they have not received the money or have had to return it or offer reductions to customers.”

Furthermore, experts believe that if the government does not provide clarity, the businesses would have to turn to the courts.

Also Read: RBI tightens norms, directs lenders not to standardize NPA account

Source: https://mybigplunge.com/business/companies-seek-clarity-on-gst-applicability/

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