egage presentation
TRANSCRIPT
The Future of in-class Learning
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Opportunity Spaces
ObesityTransport Education Content Overload
EducationContent Overload
ConceptsLecture Digitizer
E-notebook
Interactive Desk
Assignment Manager
Lecture Tablet
Opportunity Space
Opportunity for professors and students get more out of class
• students interacting more with professors
• giving professors regular feedback on the course
The Problem
• Students have short attention-spans
• Misuse of technology in the classroom
• Phones, computers, etc.
• Lack of student-teacher interaction
Frequency of Distractions
95% of students are commonly distracted in their daily classes
11%
35% 49%
5%All of the time
Often Sometimes
Rarely
Distraction & Misuse of technology
of students frequently take class notes using their
laptops
of students claim that technology is their main
distraction in the classroom.
17% 60%
Student-Teacher Feedback & Interaction
of students do not ask professors to clarify questions based on lectures after class
82%
Student-Teacher Feedback & Interaction
of students do not give regular feedback to their professors about the lectures
91%
Story Board & Concept Ideation
• Use technology to benefit classroom experiences
• Give constructive lecture feedback to professors
• Easily track attendance and attentiveness
• Students interactive with lecture
• Enhance overall learning experience
Business Model
“Freemium”
• Basic features: free
• Premium features: $5 per student (by student)
• Low cost of customer acquisition
• Successful for SaaS companies
• Plethora of Competition
Target Market
• Edtech $31 bn. ➞ $60 bn. Worldwide (2018)
• 20,000,000 students
• 1,700,000 professors
• High Schools
Actual Build-out Costs
$20,000 -
$50,000
Lessons Learned
• Team Building
• Product Development
• The Market Environment
Next Steps
• Outsource a program developer
• Beta testing
• Branding and marketing strategy
• Pricing
• Set-up a sales team
Future Opportunities
• Conferences
• Sale of Data Analytics
• Additional Features: • Eye tracking attentiveness • In class proprietary hardware • Assignment management
Questions (via egage)
Appendix
Appendix - Competitors
• Lecture Tools - Not widely used as of yet but does everything our software does except the lecture feedback !
• Blackboard - Most well known competitor; most schools’ distributions include discussion board software for students and assignment sharing/announcement software for lecturers. Very little emphasis on in lecture work; mostly geared towards homework !
• SmartTech - Monitors and controls computers in the class, encourage collaboration and survey students on methods