Edtech Platforms : Same Old Wine In New Bottle?

Edtech Platforms : Same Old Wine In New Bottle?

There was a television advertisement for spoken English courses and willing students could call them.

Edtech Platforms: Same Old Wine In New Bottle?

It is the age of technology, everything and everywhere we can see the improvement of technology. The education sector is no exceptional case. After the pandemic situation, the EdTech culture became more prominent.

So the general question is what is EdTech? 

It is nothing but a combined form of education and technology. So is it a new thing for students or aspirants or did the concept come much before? The answer is that the thing is not new but it came to us in recent days with a new look. In the education sector, the audio course on any subject is not a new concept and the concept of the video course came to prominence in the mid- 90s. For example, let’s go back to the 90s.

There was a television advertisement for spoken English courses and willing students could call them. They will give audio cassettes or the DVD to the students which consists of the total course divided into several modules. This concept has changed itself after 2005 when the internet entered the middle class and lower-middle-class life.

At that time with YouTube and other online platforms, some educational channels came into existence. And this number multiplies itself with the geometric progression everywhere.

Before 2010, software engineering or software development was a costly possession but right now several options are pocket-friendly for the customers or the businessmen.

So, nowadays, this online education platform changes itself a lot. And this is the age of smartphones that is the reason, every online education platform has its mobile application where the students can have access to their course and with the premium subscription, the students can have interaction with the respective subject teachers. 

They can watch the lecture video, comment on the video, and in the doubt section, they can raise the doubt. Right now there are 4530 EdTech startups in India. And out of them more than 450 startups were founded between 2019-2020 Which indicates the potential of this sector. 

Funnily, we can say that there is a course of everything on the internet. And there is also some course about to making a course. 

If we have a look at the number of the EdTech apps then the number is more than 3500. And with the market capitalization, the top five EdTech companies are given: Byju’s, Brainly, CollegeDunia, Greadup, MeritNation. These EdTech companies become the household name, and almost every person who is attached to the education sector knows these names. In the case of Byju, it is not only India’s top but it has ranked among the world-leading EdTech platforms. 

Another leading and popular EdTech platform is Unacademy, a company made by Roman Saini, it provides various courses with much fewer courses. There are some advantages and some disadvantages to this mixed culture. Let’s have some good points, the students can get their preferred course anywhere at any time with fewer price.

If the candidate missed the class then he or she can save the class and watch their letter, in this case, they cannot do the interact with the instructors. There is no need to shift towards the coaching center to do some courses. But apart from these, there are some bad things, some EdTech company gives unrealistic promise towards the candidate and later the students get nothing from there. 

For example, EdTech offers the 10 years boy’s parents to teach their son coding and software engineering which is an unrealistic and unethical business. Some EdTech instructors are not happy with their company for various reasons. There is a huge number of EdTech platforms, which is the reason a student can be confused about which one is the best. 

EdTech companies capture the market of education, that is the reason the traditional educational system is in question, and in India, the rural population is high so everyone can’t access the platforms. There is no physical interaction between the teachers and the students, so everyone will be stuck in the virtual world.

In the end, it can be said that EdTech platforms are not a new concept but have lots of potentials to capture the market, but we should not forget our traditional education system.
Edited By Team CLIQTAX

Want to get your business journey featured on CLIQTAX ? Send an email to us at editor@cliqtax.com