Education technology, commonly known as EdTech, has revolutionized learning and teaching methods for over three decades now. In recent times, entrepreneurs and business leaders have adopted EdTech to improve the efficiency and growth of their teams. The 14th annual ASU+GSV Summit brought together over 720 innovative EdTech companies, entrepreneurs, and leaders who envisioned a new era related to the role of EdTech in developing educational pathways and valuable workforce skills for career success.
In this article, we will explore five ways EdTech is transforming corporate training.
Personalized Learning
EdTech has made it possible to offer personalized learning experiences, which are based on employee learning data analysis. This includes the use of chatbots and AI-powered learning tools to replace real-time instructors and provide relevant, personalized learning experiences. The use of AI and other software automation tools helps prevent the need to hire additional employees and supports the growth of current departmental teams by enhancing productivity and reducing costs.
Analytics and Big Data
Analytics and big data are important in driving innovation in companies. The use of diverse, cross-functional teams facilitates innovative thought leadership, and the use of data and analytics provides the foundation of digital business transformation. Companies like Dotmatics use information and statistics from Project Discovery – Flow Cytometry’s data to help teach its R&D scientific software to facilitate a machine learning (ML) approach to flow cytometry. By using flow cytometry data, Dotmatics has been able to impact the health and wellness markets for more medical discoveries.
Artificial Intelligence
Artificial intelligence (AI) has just begun to revolutionize approaches to education. The coming decade is expected to provide business leaders with more tailored solutions based on employee learning data analysis. AI-powered office automation is changing the way businesses approach internal operations and training developments. AI tools can greatly benefit team development and growth by supporting the growth of current departmental teams by enhancing productivity and reducing costs.
VR and AR Scenario-Based Learning
The opportunities and challenges of a millennial workforce have demonstrated the vast benefits of virtual reality (VR) and augmented reality (AR) scenario-based learning opportunities for employers. Scenario-based education technology addresses how employers can effectively adapt theoretical knowledge into practical applications. VR and AR learning further submerge employees in real-world experiences with life-like, simulated scenarios.
Gamification
Gamification involves incorporating game elements, such as rewards, points, and challenges, into the learning process to make it more engaging and effective. The use of gamification in corporate training can increase employee engagement, motivation, and retention.
Takeaway
In conclusion,EdTech is transforming the corporate training landscape in numerous ways. From analytics and big data to AI, VR, AR, and gamification, businesses can leverage technology to offer personalized learning experiences, promote innovation, and increase employee engagement and productivity. Entrepreneurs and business leaders need to be proactive in leveraging these technologies to improve team efficiency and growth, especially in today’s fast-paced business environment.
