The Educational Software Industry: The Market Consolidation and Future Directions
from TIE-Boston
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Monday, April 28, 2008, 6:00pm - 9:00pm
The educational software originated at the tail-end of the Internet Bubble and are popularly termed as the "Learning Management Systems (LMS)" also known as CMS - the course management systems, and LCMS - learning content management systems. It was expected that LMS and related educational technologies, such, as, digital repository, content management system, the HTML production software, the video and audio streaming, discussion boards, chat room, videoconferencing software will solve most of the problems related to quality and completion rates for distance and on-campus delivery of education using online courses.
Even after 20 years of deployment and considerable growth and consolidation of the industry the completion rates for online degree and certificate program are disappointing and dismal (below 50%), Both purely synchronous technologies, such as, Centra Symposium, WebEx, Elluminate, IBM Lotus WebDialogues, Polycom, Tandbarg and Sony have failed to achieve results and asynchronous software powered by Blackboard, Virtual Campus, Angel, Desire2Learn have delivered dismal completion rates for the success of online education. Yet the number of learners /students have grown to millions with an annual growth rate of online programs close to 30%.
Early 90s witnessed great serge of LMS and CMS companies leading to numbers reaching over 200 corporations and now after 20 years the industry is consolidated to almost 20 LMS/LCMS systems. Further only handful of them, such as, Blackboard (WebCT), eCollege, Desire2 Learn, Angel, and Saba have taken most of the market share. The open source software, such as, SAKAI and Moodle are also getting adapted in sizable number of Universities and College. The industry is moving towards adaptive and intelligent learning systems to help learners reach desired learning outcome. The delivery mode is moving towards blended approach combining both asynchronous and synchronous modes of interactions.
This panel session will bring together thought leader and educational entrepreneurs together to look into past, present and future direction for educational technology industry.
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