News of EdTech Product Development

What is new in the EdTech industry in 2023? What are the core trends and solutions to today's educational challenges? Let's dig deeper and have a close look at the innovations in the EdTech industry.

The Essence of EdTech

You probably guess that such words as 'education' and 'technology' underlie EdTech. It comprises tools, methods, and other technologies that assist in digitalizing the educational process, ensuring individual approach, and improving the outcome.

Since it becomes harder to catch students' interest, there is a pressing need to invent new ways to deliver knowledge and develop skills in an unobtrusive way. Today, learners can not imagine a day without their gadgets, considering them an integral part of themselves. So, software and hardware solutions became an inevitable part of the educational process.

What Is New In The EdTech Field For Today?

Innovations in the EdTech industry are mainly based on the learners' needs and experience applying modern technologies to gain new knowledge. Startups and existing companies in this field are aimed to simplify and automate teachers' participation in the educational process and upgrade the availability of information sources and training tools for students. So, what top apps and platforms of EdTech exist and are successfully applied today?

# 1 Preply: Platform for Effective Language Learning

An online platform for finding language tutors worldwide. Ukrainian entrepreneurs founded the company in 2012. It was relaunched the following year, becoming a language-learning-oriented platform. Preply has a repository of over 32,000 professional tutors in over 50 languages. The user-oriented platform offers well-tailored lesson plans for 1-on-1, group, and corporate classes.

You may say that the platform has existed for over 10 years in the market of educational services, so why do we mention it in our news? According to AIN information, the number of Preply users has increased four times. In 2023, the company attached $70 million as new investments and plans to spend these funds on AI technologies. One of the co-founders, Kirill Bigai, said, 'We strive to expand the company's lead with the help of AI technologies, ensuring a powerful educational experience.' The connection Person+AI is a prerogative of the company today.

# 2 GoStudetn: Wide range of Subjects for Different Age Groups

Founded in 2016, the company provides tutoring assistance across 22 countries with 30 subjects. It conducts 1-on-1 50-minute classes on the Zoom platform, engaging over 20,000 tutors worldwide.

Today, it follows the hybrid strategy of implementing AI-based tools into the platform. Planning to increase the number of tutors on the platform to 23,000, GoStudent will apply an AI-driven lesson plan generator to shorten the lesson preparation time to 15 minutes. In addition, they will also introduce AI content-based learning that will allow students to study anytime, managing the content and defining areas requiring profound training.

# 3 Prisms VR: Upgrade Your Math Leveraging Virtual Reality

Prisms VR, a pretty young company, was launched in US schools in 2021. It presented a revolutionary way of math studying through solving real-life problems, visualization by applying hands-on models, and virtual reality. In January 2023, the learning platform raised $ 12.5 million to boost math literacy at schools across the USA using virtual reality. The application simulates real-life scenes in a virtual environment, allowing students to deal with the problem. Such a pioneering solution in math learning makes it fun and engaging.

# 4 Sophia Learning Partnership with Labster: New Opportunities for Future Scientists

Sophia Learning was founded in 2012 to assist with obtaining high-quality college-level credits fast and for a reasonable price. Recently, it announced its cooperation with Labster, one of the leading platforms providing learning with virtual labs and virtual science.

In such a way, this collaboration ensures affordable and accessible +50 college-level courses supported by virtual laboratories and the simulation content of Labster.

# 5 Coursera & MedCerts: Globalization of Healthcare Specializations

You have heard about Coursera if you are interested in EdTech. The platform was founded in 2012 and was nominated for the 'Best Startup of 2012' title. It offers hundreds of free online courses from the most prominent universities worldwide.

At the same time, MedCerts is a company that specializes in short-term training that helps get certifications and credentials in healthcare and IT. The cooperation of the mentioned companies assists the globalization of healthcare specialization, particularly Medical Billing and Coding, among regular Coursera students.

Conclusion

Every new generation of learners requires modernization of educational tools, methods, and technologies. If you belong to the EdTech community, perhaps you know the main challenges facing modern teachers and students. So, there is an urgent need to keep up with the times and implement AI-based solutions to engage and motivate students and simplify and automate preparation and progress tracking for tutors. Yojji may help you realize practical and exciting ideas unrelated to education if you strive to improve and digitalize this industry.