Open Discovery Space

Digitisation of Education is said to result in a fifteen fold growth for e learning in the next decade according to IBIS Capital and Edxus Group. Education is currently triple the size of the media industry at 4.2 trillion dollars. Education Technology is predicted to rise to thirty percent of that total education market due to the rapid changes made on the market floor.

In response to this revelation that education technology is set to be a booming industry, EdTech Europe led by IBS Capital and the Edxus Group at the London Business School on the 14th of June 2013. IBIS Capital is a London based specialist media firm that concentrates on disruptive innovative media technologies, whilst the Edxus Group is a London based education technology company specialising in the promotion of e-learning across Europe.

The conference will address the potential advances in education technology and e learning, and will discuss how education is a business that must be embryonic with modern advances and renew and refresh itself incrementally with change. The event will bring together academics, senior executives from professional learning and education, European investors and innovators who are disrupting the market order with new creative inventions. There will be a panel on the industry, innovators and investors with a question and answer session to discuss problems and challenges. Innovative players will also have the opportunity to showcase their new products and services.

Some of the creative solutions that will be proposed include:

  • languagelab.com, a strategic leading partner offering virtual world training with e learning solutions to promote student and educational development Virtual world training is a strategy that facilitates instant teacher and student interaction, which is much more personal and egalitarian. Languagelab also proposes plans for ‘on demand classes’ which can allow students to access any live class from any location in the world. These cross border classes broaden the horizon of knowledge, whilst also encouraging distance learning and more efficient and substantive revision methods. Languagelab also recommends ‘peer to peer diversity’ , an educational practice which encourages online learning between cross cultural communities. Such a step could stimulate social skills in young people including empathy and tolerance, whilst also being a practical advantage for the exchange of wider distributed and unfettered knowledge. Peer to peer diversity can also kindle an analytical mind that can take into account a multiplicity of world views other than the familiarly known. Moreover, languagelab has suggested more use of ‘blended learning’, in which teachers can oscillate between offline and online learning or combine the two into their work plans for more efficient and productive learning.
  • iVersity will also be presented at the conference. The initiative is a MOOC (Massive Open On-line Course) platform that initiates cooperation with universities, teachers, and knowledge based companies to help democratise education. The Berlin based platform seeks to improve the quality of learning by exploiting digital infrastructure, and help empower academics rather than replace them. iVersity promotes a structured course environment that features multimedia teaching materials.
  • InfoMentor- an on-line mobile platform for the unification of planning, teaching, assessment and collaborative functions will be presented at the summit.
  • Mendeley- a free reference manager and academic social network is another proposed technological tool for the education sector. The portal helps users collaborate and organise their research with others on-line. Mendeley allows students to secure and share their papers within a cyber capsule, and capture thoughts by making make real time annotations and notes on pd f documents. Users can access material through the cloud and on the web, and access it on any smart devices.

The EdTech Europe will look at key trends, the new business models and what investors will look for at the summit. Topics on the profusion of new content, audience fragmentation and data centricity will be discussed by companies who will brainstorm how to achieve the above goals in education through the use of technology.

This event is of importance to Open Discovery Space as it focuses on how businesses and those in the educational sector can invest in creative and new techniques in education technology to help promote and improve e learning.

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