Key Aspects of why Institutes should Focus on Technology-driven Growth in 2024

Why Institutes should focus on Technology-Driven Growth
Why Institutes should focus on Technology-Driven Growth

Introduction

Digitization has helped us see not only a lot of growth but also a glimpse into the future. With the tools and technology, it brings to the table we only expect more and more from it. The tools and technologies that we have seen so far have brought significant growth to the education system and learning as a whole. 

Technology has only been evolving. From conventional classes to students pursuing full-time degrees online, we have come a long way. These AI and EdTech tools have only made it more effortless to navigate through the daily lives of students, workers or teachers. 

Technology has been growing regularly and providing us with better and more flexible features. Education from grades 1-12 has shown an increase of 6.3 times in 2022 compared to 2019. With the growth in technology and its use in the education sector, the gamification of education is also said to grow by around 32% by 2024. 

The global growth that K-12 e-learning will see starting in 2024 and by the end of 2028 is up to $12,930 million. And the online learning market is said to see a growth of $60.03 billion globally by 2024. 

How will this growth come with the help of technology?

Technology driven growth in 2024

1. Tools will play a vital role in the student base: 

Nowadays, most students and parents look for institutions that have a variety of offers for a student. They go through the online reviews by other students and alumni and only then make decisions for the best academic institution. 

In this case, if an institution offers online courses and also offers the use of EdTech, AI, and other technology in their curriculum whether it is for learning or as a part of the assessment, it makes a better impression on the students wanting to study further and, on the parents, as well. 

An institute that offered students online certification courses was said to have a much better student base than any other institution. These institutes even experienced more popularity and students applying for courses with these institutes. 

Therefore, it becomes important for an institute to create an online persona and have various offers for students who may find an interest in online courses. 

2. Offering online courses will help serve a larger student body: 

By offering online courses, students can pursue these courses without having to move away from family. Students who may want to learn further but do not want to change cities or are interested in distance learning may find these online courses very useful. 

Online courses have shown huge progress in students and learning. Students found it more comfortable and flexible, which made their work more efficient. Online courses can be a great way to reach out to more students in all geographical areas. 

With these, students who may be far away may live in remote areas, and those who have an interest in learning may apply only to the courses. Online courses have shown a great change in the results and progress of students. 

With the help of these, reaching more students in remote areas may help build a much more diverse and easy-going education structure too. 

Learning management systems can help you to take total control of your online courses, right from attendance management to academic control delivery.

Here are a few important things to know about LMS-

things to know about LMS
A. Prevalence

Learning management systems are widely used in education, with many schools and universities implementing them to facilitate online and blended learning. According to data from the Software & Information Industry Association, in 2021, about 90% of higher education institutions in the U.S. used a learning management system.

B. Adoption trends

The use of learning management systems has grown significantly in recent years. For example, data from the Software & Information Industry Association shows that the number of higher education institutions using a learning management system in the U.S. increased by about 18% between 2017 and 2021.

C. Student satisfaction

Studies have found that students generally have positive attitudes toward learning management systems. For example, a study by the Journal of Educational Technology Systems found that about 75% of students reported being satisfied with their learning management system, with the majority saying that it was easy to use and helped them stay organized.

Wondering how to start your journey with LMS? Here are 5 must-have features of LMS to look for.

3. Technology-driven automation in institutes:

Software and AI have been taken into consideration when it comes to a lot of workplaces. Task automation is the use of these software and AI tools to increase productivity and efficiency in a workplace. 

Institutions can adopt these software and AI tools to ensure fast and smooth working with accuracy and consistency. These AI tools also work as a great guide for various tasks and make the work much more effortless and cleaner. 

Like Automatic generation of question papers and merit lists for admission. The AI and software tools can be given the data necessary and these tools can help automatically generate the information necessary. 

Automation of Question Paper generation: 

Using the tools for automatic generation of question papers, the management can save much more time and with the use of these AI tools get an even more accurate question paper completely based on the information and data fed to it. 

But what if you were told that generation question papers may not be the only thing possible with these AI and software tools? If you were told that you could also evaluate descriptive answer sheets with AI tools, it would sound like a really good dream. But it’s true. 

AI-driven evaluation of descriptive answer sheets:

Just like feeding the AI to generate question papers, you can feed the AI data and information to evaluate descriptive answer sheets. Descriptive answer sheets can be difficult to evaluate as they are all so wide and unique but these AI tools can act as a guide or help evaluate descriptive answer sheets. 

They can also help point out plagiarism and grammatical errors made by students and make an evaluation of descriptive answer sheets much easier. 

4. Technology-enabled learning will find much more acceptance: 

Institutes can get a much higher acceptance rate among students and parents if they incorporate the use of technology in learning. Students are now looking for institutions which may not only have regular courses but also provide the use of EdTech and AI tools in these courses. 

In this instance, if a school offers online courses and makes use of EdTech, AI, and other technology in their curriculum, whether it be for learning or as a part of assessment, it has a better impact on the students who want to continue their studies as well as the parents.

Conclusion

Technology as it improves, also grows further and brings in benefits to the progress and productivity of an institute. Technology has been proving the power it holds and the change it can bring to education and learning. 

With the use of these advanced software and AI tools, an institute can build its reputation and grow further. It can also benefit us with a bigger student base and more students wanting to learn from these institutions. 

It can also help the management in these institutes with automation of tasks and workflow efficiency. This huge change and growth in education and learning can and will be seen at large in 2024 as it brings in even more benefits to the world of EdTech and AI. 

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