Global AI Players from the EdTech Industry: Top 5 Companies to Follow
Technology is revolutionising and improving education around the world, from bridging skills gaps to elevating the focus on mental health education. Globally, there will be 800 million K–12 graduates and 350 million graduates of postsecondary education in the next ten years, and by 2030, worldwide education spending is expected to reach $10 trillion. And EdTech is going to be a key component of that global educational ecosystem.
A new era in education is now being brought in by AI, which offers efficient and personalised learning experiences. According to forecasts, the global market for AI in education is expected to grow by over $21 billion by 2028. 1:1 support, better productivity, and skill intelligence: nearly every education technology company is implementing AI, which will have a significant influence on learners and companies alike.
Aithor
Aithor is an AI-powered platform for academic and creative projects that helps to come up with concepts and ideas for different types of content. The service is available globally in seven languages. Among several features, it has the ability to "auto-AI disguise" and operate as a writing co-pilot. Unlike similar AI services, Aithor is capable of processing texts up to tens of pages in length, and its suggestions are genuinely perceived as human-written since Aithor's alterations and suggestions are verified using the two best-known tools (GPTZero and ZeroGPT).
Seamless text editing services allow users to overcome writer's block and make edits at any point in the writing process. Users can edit their text and make it longer, shorter, or more specialised by changing the style and tone. Besides, they can choose between formal, informative, objective, analytical, persuasive, narrative, descriptive, casual, and personal writing styles.
Strivr
California-based Strivr is a platform that enhances employee performance, engagement, and productivity by creating, delivering, managing, and overseeing virtual reality-based learning. Financial services, retail, hospitality, logistics, manufacturing, healthcare, travel, transportation, energy, and utilities are among the many industries that Strivr supports.
AI-backed immersive learning experiences are delivered in extended reality (XR), spanning augmented reality (AR), mixed reality (MR), and virtual reality (VR). It allows learners to engage with immersive content delivered through an intuitively designed user interface. With more than 100 data points captured per second, such as tone of voice, eye look, clicks, and head movements, Strivr provides businesses with a comprehensive understanding of how learners' actions, behaviours, and decisions in XR correspond to their real-world work performance.
Zensai
Zensai's Human Success is an AI-powered learning, engagement, and performance management platform integrated into Microsoft 365 and Teams. It is aimed at accelerating individual growth, supporting onboarding, and streamlining compliance. Three innovative apps are available through Zensai's cloud-based platform: Learn365 (formerly LMS365), Engage365, and Perform365.
With the help of AI, Learn365 seeks to promote individual growth, expedite onboarding, and automate compliance while enabling employees to become experts in their particular skill sets and talents. For instance, it helps employees with tailor-made training paths for new roles.
Engage365 aims to integrate performance conversations into workplace culture within the Microsoft 365 environment. Perform365's daily check-ins, real-time feedback, and AI-powered insights enable businesses to connect to employees while setting clear objectives.
Quizlet
Quizlet has more than 60 million monthly users and provides learning tools for students, including flashcards, study modes, and game modes. The platform offers several tools, including Magic Notes, a solution that repackages notes in a variety of ways to offer flashcards, practice exams, and other interactive experiences designed to improve and reinforce the learning process, and Q-Chat, which makes use of generative AI chatbots' conversational capabilities to give students a natural environment in which they can engage in question-answer models with the AI. The generative AI tool works similarly to ChatGPT; however, it asks questions instead of just answering them and is based on the Socratic method, which encourages critical thinking.
Quench.Ai
Quench.ai is an AI learning tool designed to assist users in finding the most useful data from the world's largest indexed educational video content library. Taking advantage of recent developments in conversational AI, Quench.ai has developed a tool that can help specialists in a range of industries pick up new abilities. For example, the solution can employ conversational analytics to identify the next training areas and enhance the impact you have on users.
From public and licensed course content, Quench.ai has the most extensive library of indexed educational videos and provides businesses with the capacity to index their own internal video resources to turn their knowledge into action.