Among all the words you could use to
describe the sentiment of business, technology or even education in the 21st
Century, a handful of them would likely be innovation, reinvention,
convenience, progression and digital. Educational technology company Sibling
Group Holdings is a prime example of how today’s businesses are using any
combination of these century staples to harpoon learning opportunities for
future generations.
Sibling Group, through its wholly
owned subsidiary Blended Schools Network (BSN), represents the full convergence
of digital and education. BSN provides benchmark-quality online curriculum for
K-12 schools, as well as professional development for teachers, complete course
authoring tools, and learning management system (LMS) administration and
support. BSN offers 212 different online courses, serving more than 160 school
districts with more than 300,000 course enrollments last year.
The concept of “distance learning” or
“e-learning,” as it’s often called, has been part of the broader academic
environment for quite a while, but is increasingly gaining more traction as a
preferred, innovative means of education.
IBIS Capital has forecast 15-fold
growth in the e-learning market over the course of the next decade and suggests
that under certain circumstances the transition to digital education may be
quicker and more disruptive than ever experienced in the media industry.
While BSN solely offers K-12 classes
at this time, it’s worth noting the growth of online higher education
enrollment as a barometer of online learning’s increasing popularity.
According to data from Online
Learning Survey, 1.6 million students enrolled in a higher education online
course in the fall of 2002. By 2012 that number spiked to 7.1 million,
representing compound annual growth rate (CAGR) of 16.1%. For comparison
purposes, the reports shows that the overall higher education student body grew
at CAGR of a more shallow 2.5% – from 16.6 million in 2002 to 21.3 million for
2012.
There are several components to the
allure of online learning opportunities. Not only does online learning provide
immeasurable convenience for students, it also reduces the cost of education
and increased the ability to personalize education.
As a progressive company with a
highly experienced management team, Sibling Group is uniquely positioned to
further expand its portfolio through additional acquisitions and fundamental
growth to be a leader in education transformation creating high-quality
lifelong learning options for the global marketplace.
Evidencing the company’s aggressive
push for global saturation, Sibling Group recently entered into a strategic
partnership and completed of a $3.75 million funding from Shenzhen City Qianhai
Xinshi Education Management Co., a People’s Republic of China LLC, and other
accredited and institutional investors. The strategic investment is intended to
accelerate Sibling Group’s penetration into critical strategic markets around
the world.
In addition, Sibling Group’s Urban
Planet Mobile™ (“UPM”) subsidiary has signed a deal to implement its web-based
writing practice tool, Writing Planet™, through a partnership with Integrative
Counselling Services Limited to work with Lok Sin Tong Schools in Hong Kong,
China, and also recently launched a partnership with India-based Trio Tech, a
mobile solutions company, and VMS India, a subsidiary of VMS Communications,
representing the company’s first distribution partnership in India.
For more information, visit
www.siblinggroup.com
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