The expansion of education technology solutions that followed the pandemic has resulted in an increased number of complexities for IT professionals in K12 schools. More products equals more research and vetting processes which is made even more difficult considering many of these products are still in their infancy. That’s why it might be helpful for you to read up on some of the solutions providers that have recently been recognized for their effectiveness and overall success.
TIME, in collaboration with Statista, a provider of market and consumer data rankings, recently published its list of the “World’s Top EdTech Companies 2024,” a global recognition of 250 companies that are “changing the field of education technology,” TIME wrote. Those that made the list were selected based on two criteria: financial strength and industry impact.
Among the top 15 most successful companies were nine online learning providers. Eruditus, the top edtech company on the list, provides more than 80 universities around the world online courses, including the University of Pennsylvania, the University of Cambridge and MIT.
More from DA: No phone zones: Statewide bans are emerging across K12
U.S.-based companies also make up more than one-third of the rankings, followed by China (10%) and the U.K. which makes up more than 6% of the list.
Several U.S.-based companies earned their spots in the top 15, including Yellowbrick, Strivr Labs, Civitas Learning, Class, Quizlet and Articulate. Now here’s a look at the top 10 edtech companies according to the list:
- Emeritus
- Memrise
- Afya
- Knowbox
- Vitru Education
- Yellowbrick
- Strivr Labs
- Civitas Learning
- Lottus Education
- Class
In addition to these rankings, TIME recognized 15 “rising stars of 2024,” which showcases organizations that have had the highest revenue growth rates over the last three years. Scaler Academy, an online learning provider based in India, earned the top spot. Similarly, several familiar faces based in the U.S. made this list, including:
- Raising Superstars (early childhood development)
- HelloSubs (connects schools to substitute teachers)
- Buddy.ai (an AI English tutor)
- GetSetUp (online learning community for older learners)
- Yellowdig (online learning platform)
View TIME’s complete list here.
