IBS
Capital forecasts 15-fold growth in the e-learning market in the span of a mere
decade, fueled by an increased integration of digital technology into the
learning environment. In a shorter time frame, industry experts anticipate that
50% of all high school courses will be delivered online by the year 2019. As
the education sector swells with the investments from stakeholders who
recognize the potential for capital gains as well as positive outcomes for
students, Sibling Group Holdings is taking steps to remain a pioneer in the
transition to digital education.
In
the second quarter of 2014, Sibling Group acquired the Blended Schools Network
(BSN), which currently serves more than 160 school districts and has generated
historical annual revenues of approximately $3 million. Founded by a group of
Pennsylvania school superintendents in 2002, BSN’s focus is to deliver
high-quality online learning to kindergarten – 12th grade students, and to this
accord offers more than 190 online courses, 15,000 lessons, 12,000 videos and
more than 8,000 modules.
Blended
learning is a combination of face-to-face classroom methods with
computer-mediated activities, allowing the student access to content at any
time of the day. The idea behind this method is to incorporate digital content
into coursework; empowering teachers with cutting-edge learning technology and
communication tools while enabling students to move at their own pace and
engage in advanced interactive experience. The ultimate goal, of course, is to
improve student outcome.
BSN’s
initial focus was on the Mid-Atlantic region. Flagging the opportunities to
apply this learning model outside its original reach, however, Sibling Group is
taking the BSN product offering nationally and internationally via direct sales
and joint-marketing agreements. In addition to digital delivery of educational
materials, the company also provides professional development for teachers,
complete course authoring tools and learning management system (LMS)
administration and support.
Part
of Sibling Group’s growth tactic is to pursue additional tuck-in acquisitions
that will provide long-term learning opportunities for the company’s customer
base while enhancing shareholder and company value. Guided by a management team
with extensive and diversified experience in the education and business marketplaces,
Sibling Group is positioned to capitalize on the blended learning model while
providing students with incredible educational opportunities.
For
more information, visit www.siblinggroup.com
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