LEARNING IN THE AGE OF DISRUPTION
IFC’s new Learning in the Age of Disruption webinar series launched on July 8 with a virtual event featuring Patrick Brothers the Co-CEO and Co-Founder of HolonIQ, a premier source of education intelligence. This webinar, which focused on the development and deployment of technology in the education sector, was attended by over 350 global education leaders, many of whom work in emerging markets.
The webinar, called The Anatomy and Future of Digitalization and Global Technology in Education, was chaired by Salah-Eddine Kandri, Global Sector Lead of Education, and moderated by Alejandro Caballero, Principal Education Specialist with the IFC. The main speaker, Patrick Brothers, has over 14 years of market intelligence and development experience and 6 years of dedicated education intelligence background. Brothers shared HolonIQ’s insights on the current state of education digitalization and technology development and how this has been impacted by COVID-19, the investment landscape of EdTech companies, and several potential scenarios for the future of education. HolonIQ organizes these trends in its Global Learning Landscape and Taxonomy webpage.
As Brothers pointed out during the event, while global education expenditure in 2018 was US$5.9 trillion, only around 3% of that spending was on education technology. This is expected to grow to more than 4% by 2025 based on several digital and educational trends. Meanwhile, in 2019, USD 7 billion was invested globally in EdTech and there has been a rapid growth, even prior to COVID-19, of Online Program Managers (OPMs), Pathways, and Bootcamps, which had a 25% compounded growth rate between 2008-2019. Participants in the webinar had the opportunity to learn about and discuss HolonIQ’s proprietary global scenarios for education. Attendees generally were in agreement that mass adoption of peer to peer learning models and regional educational alliances are the most likely future scenarios.
For more information please see the attached presentation or reach out to Alejandro Caballero at firstname.lastname@example.org