Inexorable forces are propelling the growth of e-learning at a blistering pace. Online-learning markets were ignited by high education costs, business training programs and a wave of tech innovations, then scorching pandemic demand turned the market into an inferno. The market has legs far beyond the pandemic with constant requests coming from businesses, universities and K-12 schools, eager to train and upskill workers. Little wonder a myriad of companies look to gain traction in the space since the online education market that stood at just $144 billion in 2019 is expected to catapult past $374 billion by 2026. Even more astounding is that these stellar-growth projections are pre-pandemic numbers, and market estimates should easily blow past current forecasts. However, to deliver e-learning that works, tech platforms must address and meet the widely disparate needs of individual schools and varied businesses. A one-size-fits-all approach is doomed to fail when trying to educate, especially in a virtual venue. There’s a critical need for tailored programs as well as wholesale improvement in the way content is created and delivered. Technology innovator Amesite Inc. (NASDAQ: AMST) (Profile) has established a new paradigm in e-learning. The company has created what is arguably the most advanced artificial intelligence driven online learning platform in the entire industry. With the capacity to upload an organization’s entire training and educational materials into a single point of access, Amesite’s customizable SaaS (software-as-a-service) platform is engaging, easy to use and delivers concrete measurable results. The company’s cloud-based platform and content creation services uniquely provide fully managed learning environments that easily integrate and work for business, universities, and K-12 schools. Taking a different tack, Chegg Inc. (NYSE: CHGG) operates direct-to-student learning platforms as well as provides digital textbook rentals, online tutoring and other student services. SaaS behemoth Microsoft Corporation (NASDAQ: MSFT) offers a portfolio of business training applications and Office 365 Education for students, faculty and staff to meet virtually, create content and share resources. This transformation of the education experience is made possible by technology from companies such as Cloudflare Inc. Class A (NYSE: NET), which protects and accelerates internet applications online without adding hardware or installing software, and Zoom Video Communications Inc. (NASDAQ: ZM), which easily connects people through frictionless video, voice, chat and content sharing across multiple devices and diverse locations.
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About Amesite Inc.
Amesite is an ed-tech, software-as-a-service (“SaaS”) company with the most advanced artificial intelligence-driven online learning platform in the industry, providing both content creation and a best-in-class infrastructure for the multibillion online learning markets in business and education. For more information, visit www.Amesite.com.
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