Digital learning is projected to be worth $325 billion globally by 2025, and public sector spending is booming.
How do you best position your business to get in on the action?
It’s no secret that companies must be flexible and adaptable in meeting the challenges of such a dynamic, increasing market. Technology evolves quickly and new tools drive new ways of using them. No one has a crystal ball to predict it.
Let us help you save time, save money, and grow faster as you consider your next moves bidding for new work. We have the experience you can rely on to maximize your opportunities in this rapidly-changing environment.
But first, let’s get some terminology squared away.
What is Digital Learning?
The State of Georgia Governor’s Office of Student Achievement has a good overall definition of digital learning.
To clarify, digital learning overlaps or encompasses other terms you may be familiar with: E-learning, online learning, computer-based training, Virtual Reality (VR) training, Augmented Reality (AR) training, web conferences, et al.
Why Do Public Sector Entities like Digital Learning?
For the same reasons the private sector likes it: it’s effective and efficient!
Schoology recently surveyed 9,279 K-12 education professionals, asking them to rate the “Impact of Digital Learning on Instructor Effectiveness”
The results showed that 46.1% said that it had “Very Much” impact, while 49.3% indicated it had “Somewhat” of an impact.
The same group was also asked to rate the “Impact of Digital Learning on Student Achievement”
The results were similar: 47.9% said it had “Very Much” impact and 47.6% indicated it had “Somewhat” of an impact.
The correlation is undeniably clear. Not surprisingly, public education at all levels has embraced the use of digital technology and the tools it brings to broaden course offerings and expand accessibility for student participation.
In an era of tight public budgets, digital learning offers a way to get more with less. It’s the lever principle!
The percentage of spending allocated for digital learning in is easily justifiable to leadership because that spending:
- Cuts costs for travel and per diem to attend meetings or seminars in person.
- Minimizes the opportunity cost of lost productivity due to time spent on-site in a traditional instructor or facilitator-based setting.
- Eliminates time, expense, and occasional frustrations associated with students getting to a brick-and-mortar classroom.
- Allows for scalability, flexibility, and portability in adjusting training curricula to meet demand, saving time and money in training instructors to teach it and allowing students/employees to access it regardless of their location.
Obviously, this is not an all-inclusive list, but you get the idea. You can get your slice of the pie here! There’s ample room to expand your share of this growing online learning market size.
Opportunity Meets Preparation
You can do it, with our help!
We’re specialists in the government procurement process. We’ll assist you in focusing your prospective bids in the skyrocketing digital learning arena.
We welcome the chance to prove it to you. Contact us for more details!