AgenciesThe advancement in technology has led to the emergence of the ed-tech industries which in turn has transformed how the workforce operates in a business landscape. In addition, ed-tech has opened various new avenues for upskilling and retraining which as a result is benefiting the workforce to a greater extent as they are getting the opportunities to improve and equip new skills and make their best use.
With the rise of more Edtech platforms, the opportunities for the employment market across all industries are also expanding. Many professionals are opting to EdTech platforms in order to pursue their educational needs while still advancing in their employment.
Edtech as a workforce developer:
Edtech companies are playing a very important role in developing a skilled workforce in the country. Whether a student looking for job or working employees looking for skill enhancement, the edtech sector can act as a force multiplier at all the places.
“The future of our country's economy depends on workforce development. The Ed-Tech sector plays a huge role in this development. The Indian ed-tech sector has not only helped to generate thousands of new employment but has also allowed for the retraining and upskilling of many employees. Technology and digital literacy are also aided by edtech which is really necessary for workforce development in this technology-driven era,” said Kounal Gupta, Founder & CEO, Henry Harvin Education.
Skill enhancement:
Ed-tech companies and solutions that specialize in online learning and education make it possible for aspiring learners and professionals to upskill themselves and continue learning irrespective of the boundaries of geography, time and space. Aiding the education ecosystem’s transformation from a conventional to a digital or a blended model, education technology or edtech has enabled working professionals to re-engineer their skill sets in line with the demands of the market and simultaneously enhance their career prospects.
“The Covid-19 pandemic, with its emphasis on digitization and new age technologies, brought into greater focus the skills gap that exists in the workforce and the growing need for professionals with digital skills attuned to the evolving market ecosystem. In the wake of the pandemic, there has been an intense war for talent amongst organizations, especially in IT and associated domains, highlighting the pressing need for upskilling amongst working professionals,” Ritesh Kumar, Country Lead, Wiley India said.
The edtech can also help employees to get retained in the same company. “The Indian ed-tech industry has created thousands of jobs, but it has also made it possible for our current workforce to be retrained and upskilled. The idea that people can change occupations or advance in their existing career pathways merely with a smartphone and an internet connection has completely changed the game. The EdTech industry is opening doors for better employment and educational prospects," Harpal Thethi, Professor & Senior Director - Corporate Relations & Career Planning, Lovely Professional University said.
Challenges before ed-tech sector:
But it has been observed in the recent past that mass lay-offs have started in the Edtech industry, creating doubt in the minds of end users and the employees. In order for EdTech to survive they would have to chalk out a different strategy and bring constant innovation. More so, the content and tech has to work in sync as most students are enticed to migrate to EdTech platforms for their educational needs.
"The workforce today requires a continuous learning environment. While some companies have specific tie-ups with universities or private enterprises, which handle these on-line learning requirements of an organization, however, the EdTech companies on the other hand are understanding the gap between workplace requirement and formal education and model a specific learning environment for the youth. Thereby providing them options to shortlist and select. This enhances the current skill set of this workforce and gives them future learning opportunities as well,” Amit Kapoor, Co-Founder, Eupheus Learning said
The ed-tech sector is crucial in closing the market's skills gap in addition to producing employment possibilities. The ed-tech organizations are well informed that tech-savvy employees will possess an advantage in the marketplace in this constantly changing world.
With the rise of more Edtech platforms, the opportunities for the employment market across all industries are also expanding. Many professionals are opting to EdTech platforms in order to pursue their educational needs while still advancing in their employment.
Edtech as a workforce developer:
Edtech companies are playing a very important role in developing a skilled workforce in the country. Whether a student looking for job or working employees looking for skill enhancement, the edtech sector can act as a force multiplier at all the places.
“The future of our country's economy depends on workforce development. The Ed-Tech sector plays a huge role in this development. The Indian ed-tech sector has not only helped to generate thousands of new employment but has also allowed for the retraining and upskilling of many employees. Technology and digital literacy are also aided by edtech which is really necessary for workforce development in this technology-driven era,” said Kounal Gupta, Founder & CEO, Henry Harvin Education.
Skill enhancement:
Ed-tech companies and solutions that specialize in online learning and education make it possible for aspiring learners and professionals to upskill themselves and continue learning irrespective of the boundaries of geography, time and space. Aiding the education ecosystem’s transformation from a conventional to a digital or a blended model, education technology or edtech has enabled working professionals to re-engineer their skill sets in line with the demands of the market and simultaneously enhance their career prospects.
“The Covid-19 pandemic, with its emphasis on digitization and new age technologies, brought into greater focus the skills gap that exists in the workforce and the growing need for professionals with digital skills attuned to the evolving market ecosystem. In the wake of the pandemic, there has been an intense war for talent amongst organizations, especially in IT and associated domains, highlighting the pressing need for upskilling amongst working professionals,” Ritesh Kumar, Country Lead, Wiley India said.
The edtech can also help employees to get retained in the same company. “The Indian ed-tech industry has created thousands of jobs, but it has also made it possible for our current workforce to be retrained and upskilled. The idea that people can change occupations or advance in their existing career pathways merely with a smartphone and an internet connection has completely changed the game. The EdTech industry is opening doors for better employment and educational prospects," Harpal Thethi, Professor & Senior Director - Corporate Relations & Career Planning, Lovely Professional University said.
Challenges before ed-tech sector:
But it has been observed in the recent past that mass lay-offs have started in the Edtech industry, creating doubt in the minds of end users and the employees. In order for EdTech to survive they would have to chalk out a different strategy and bring constant innovation. More so, the content and tech has to work in sync as most students are enticed to migrate to EdTech platforms for their educational needs.
"The workforce today requires a continuous learning environment. While some companies have specific tie-ups with universities or private enterprises, which handle these on-line learning requirements of an organization, however, the EdTech companies on the other hand are understanding the gap between workplace requirement and formal education and model a specific learning environment for the youth. Thereby providing them options to shortlist and select. This enhances the current skill set of this workforce and gives them future learning opportunities as well,” Amit Kapoor, Co-Founder, Eupheus Learning said
The ed-tech sector is crucial in closing the market's skills gap in addition to producing employment possibilities. The ed-tech organizations are well informed that tech-savvy employees will possess an advantage in the marketplace in this constantly changing world.
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