Showing posts with label edutech. Show all posts
Showing posts with label edutech. Show all posts

Tuesday, July 14, 2015

Education Technology - A competitive landscape that is a diamond in the rough for new startups



In my previous post, I wrote a how-to guide to choosing the correct device for your classroom.  One of the key components to choosing a device and probably the biggest player in actually getting the devices is always surrounding one word: "funding".

Funding for technology in classrooms has increased year after year, and as it becomes more prevalent, schools will start implementing technology in the classroom as a line item on their budgets.  In 2014, nearly $1.9 billion was spent on education technology and 2015 is looking to hit the $2 billion mark.  With this increase in spending, is also going to spark a new competitive landscape that will be readily primed for new startups.