Education and Employability
Why investing in edtech startups is a great idea
12 Jul 2021
1 min read
Education is the most important sector of the global economy that has been undergoing tremendous change in the era of technology. The sector has been witnessing digitalization to deliver more efficient and engaging content using artificial intelligence and automation. Education is a stream where there is little space for technologies to enter as it is the most traditional sector across the globe. However, COVID-19 has forced education to turn towards digitalization. The tread has transformed education technology to Edtech to the mainstream.
COVID-19 and the Edtech
Before the pandemic hit, online learning just complimented the traditional learning process. In other cases, it substituted live tutors where there was no other way to access them. During the crisis, having left without any alternative, online learning has become a norm in the educational sector. This in turn generated the growth of new and comfortable Edtech solutions taking the education sector ahead of ten years. Though there is resistance among the educators and students due to insufficient resources or by any means, Edtech is firm on the lines of exponential growth in situations such as a pandemic. Edtech has the ability to make the process of education more engaging, effective, and simpler.