Innovations like artificial intelligence, augmented reality, and machine learning certainly have advantages in the edtech sector. Photo by Klaus Vedfelt/Getty Images

Once upon a time, gaining knowledge was relatively a simpler task. Going to school, being taught through books, the joy of taking notes on a neat blank page, and the use of bright, colorful stationery had another level of excitement.

Now, the overwhelming innovations in the educational sector has changed the entire landscape and left educators, students, and parents wondering whether they will be able to adapt to the changing times.

Innovations like artificial intelligence, augmented reality, and machine learning certainly have advantages in the edtech sector.

What are AI, AR, and machine learning?

It is common to see these acronyms flash around in product innovations, news, and the educational sector. Artificial intelligence is the capability of a robot that is managed or controlled by a computer to do tasks that are carried out by humans, such as analyzing and making decisions.

Whereas augmented reality is the experience of a real world where the objects belonging to the real world are enhanced by the computer. Machine learning is a part of artificial intelligence that allows computers to act without being explicitly programmed.

According to the report published in Statista, “the global artificial intelligence market is projected to grow rapidly in the future years, reaching around $126 billion by 2025."

The Business Research Company has stated in their article that “the global augmented reality in training and education market size is expected to grow from $6.27 billion in 2021 to $10.37 billion in 2022 at a compound annual growth rate (CAGR) of 65.4 percent.”

Will the education industry be able to survive in these rapidly evolving times?

One thing which the pandemic has proved is that e-learning and e-teaching became easily accessible, adaptable, and preferred by the majority of the working class. Not only that but post-pandemic, both students and educators preferred online education over traditional methods since over time we have recognized the upside of e-learning.

Some of these include studying at your own pace and convenience, you get to design your schedule, and improved time management because you get to skip on travel-time and it leads to enhanced learning through innovative educational tools such as AI, AR, and machine learning.

As explained by Communications of the Association for Information System (CAIS), a study was conducted regarding what were the factors of receiving distance education despite the normal circumstances. A model was developed based on social cognitive theory and social cognitive career theory. It was then tested by using data from 525 college students surveyed after enrolling in distance learning classes. Per the report, "results indicate that personal and environmental factors drive intentions to continue with distance learning through their impact on distance learning perceived performance, and satisfaction.“

Augmented Reality in the educational sector has enabled teachers to engage their students through virtual examples of various concepts, by utilizing gaming-like strategists to help students understand the textbook materials easily.

As a result, students have shown keen interest, high engagement, faster learning, and easy memorizing capabilities.

A recent example of augmented reality in the educational sector is Google Expedition, which enables students to see 3D objects in the classroom like volcanoes, the human brain, DNA, etc., which helps them to understand, visualize and experience the learning process. It goes beyond the traditional imaginative process of learning and experiencing.

According to Assembler Blog, “statistics have revealed that 80 percent of more students are likely to attend a class that incorporates augmented reality experiences.” Moreover, “70 percent of students also say that they could grasp the material faster and improve their learning experience” through AR technology used in teaching.

Similarly, machine learning and AI have also taken the educational industry by storm.

A blog written in The Journal has stated that: “According to the eLearning Industry, 47 percent of learning management tools will be enabled with AI capabilities in the next three years.”

Artificial intelligence has helped students in tutoring when students face problems and are not able to reach their teachers at that moment, making virtual tutors, artificially intelligent software, and chatbots perfect solutions in these situations.

Moreover, personalization is something that every student prefers to have in their education. Through machine learning, AI has enabled its students to choose their program based on their capability, pace, and desire. We must recognize that each person has learning preferences, most of us only memorize through visual means. Similarly, another person might be an auditory learner or a kinesthetic learner. Hence, it is imperative to identify these cognitive traits to deliver personalized and successful learning experiences to our students.

AI has created benefits for educators as well, such as it has created a task automation system in which all kinds of daily mundane tasks including grading papers, admin work, replying to queries, etc. have been directly automated.

Although adopting cutting-edge technology in the educational industry for most institutions is certainly not a piece of cake as it is time-consuming and very costly.

But by looking at all the facts and figures, the benefits and students teachers' high engagement evidence shows that indeed the educational sector will transform and cope with the speedy changes gradually.

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Ghazal Qureshi is the founder and CEO of UpBrainery, a Houston-based immersive educational technology platform that taps into neuroscience research-based programs to provide adaptive learning and individualized pathways for students at home or in the classroom.

Raptor Technologies, a Houston-based company providing safety-focused software to schools, has made an acquisition and announced new investment. Graphic via raptortech.com

Houston-based edtech company makes international acquisition following strategic investments

M&A Moves

A Houston company that provides school safety software to schools across the country has made a strategic acquisition.

Raptor Technologies announced last week that it has acquired United Kingdom-based CPOMS, which provides student safeguarding software to schools in the UK. Raptor reported that the M&A activity follows strategic investments from Chicago-based Thoma Bravo and existing investors JMI Equity, a Maryland-based firm, and New York-based Ares Capital. The terms of the deal were not disclosed.

"We are excited to add CPOMS best-in-class wellbeing products to Raptor's market-leading school safety product suite and to welcome the CPOMS team into the Raptor family," says Gray Hall, CEO of Raptor Technologies, in the press release. "Combining CPOMS software and domain expertise with Raptor further advances our mission to protect every child, every school, every day. We are eager to bring the proven capabilities of CPOMS to the US market and continue advancing CPOMS leadership position in the UK."

Raptor was founded to provide schools with a suite of software that can help implement safety across visitor, volunteer, and emergency management services. The software that the CPOMS platform provides targets reporting abuse, cyberbullying, and more.

"Raptor was the perfect fit for CPOMS. Both companies have dedicated themselves to keeping schools and students safe and share very similar cultures," says John Wild, managing director at CPOMS, in the release. "We at CPOMS are excited about joining the Raptor organization and look forward to the enhanced growth opportunities ahead."

Hall will lead the expanded organization, and Wild will transition to managing director of UK Operations for Raptor and CPOMS.

The acquisition was connected to Raptor's recent funding. The company did not disclose the amount raised.

"School safety needs in the US and UK continue to evolve, with solutions for managing the wellbeing and safety of students being paramount," says Adam Solomon, a principal at Thoma Bravo, in the release. "Through this investment and acquisition, we see tremendous potential for Raptor to extend its market leadership in K-12 school safety and its continued deployment of innovative solutions to schools in the US and UK."

The Houston company was founded in 2003. In 2018, Raptor received investment from JMI Equity.

"Combining CPOMS with Raptor creates a company with unique capabilities to help schools manage the safety and wellbeing of their students," says Bob Nye, general partner at JMI Equity, in the release. "We're excited about this acquisition and the strategic opportunity ahead."

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Rice University rises to No. 1 spot in new ranking of best college investments

money moves

By one measure, earning a degree at Rice University is the smartest move in the Lone Star State.

In its eighth annual ranking of colleges and university that give students the best return on their educational investment, personal finance website SmartAsset places Rice at No. 1 in Texas and No. 10 in the U.S. It’s the only Texas school to break into the national top 10.

To determine the best-value colleges and universities in each state, SmartAsset crunched data in these categories: scholarships and grants, starting salary for new graduates, tuition, living costs, and retention rate.

While the tuition ($47,350) and student living costs ($17,800) at Rice are the highest among the top 10 Texas schools on the list, the average amount of scholarships and grants ($43,615), average starting salary ($77,900), and retention rate (97 percent) also are among the highest.

According to Rice, tuition, fees, on-campus room and board, books, and personal expenses for the 2022-23 academic year add up to $74,110. That figure, which excludes financial aid, applies to a full-time, degree-seeking student living on campus.

“Rice University is consistently ranked as a best value in higher education and is one of America’s leading teaching and research universities,” the school’s Office of Financial Aid says. “By attending Rice, you will not only receive a superior education at a reasonable cost, you also will benefit from having a Rice degree long after graduation.”

Three other schools in or near the Houston metro area appear on SmartAsset’s list of the biggest-bang-for-your-buck schools in Texas:

  • Prairie View A&M University, No. 4. The university posted the lowest retention rate (74 percent) among the 10 schools. The remaining figures sit roughly in the middle of the pack.
  • University of Houston, No. 5. The university’s tuition ($8,913) was the lowest in the top 10, as was the average amount of scholarships and grants ($6,544).
  • Texas A&M University-College Station, No. 6. The university’s living costs are the second highest among the top 10 ($17,636), while its average starting salary for new grads lands at No. 3 ($64,400).

Other schools in the state’s top 10 are:

  • University of Texas at Austin, No. 2.
  • University of Texas at Dallas (Richardson), No. 3.
  • Texas Tech University in Lubbock, No. 7.
  • LeTourneau University in Longview, No. 8.
  • University of North Texas in Denton, No. 9.
  • Texas State University in San Marcos, No. 10.

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This article originally ran on CultureMap.

Houston expert addresses the growing labor shortage within health care

guest column

Long before COVID-19 became a part of our new normal, the concerns around shortages in health care staffing were present.

To put this in real terms, according to the Bureau of Labor Statistics, the latest projection of employment through the end of this decade is an increase of nearly 12 million jobs. A fourth of those — 3.3 million to be exact — are expected to go towards health care and social assistance roles.

Before the pandemic, the concerns centered around managing a growing retired population and a slowing in higher education nurse enrollment. Then amid the growing shortage concerns surrounding the support for aging baby boomers, we were all thrusted into a pandemic.

The stressors on health care professional staffing have doubled down and what the increased shortage has shown us is the need to intervene and change the traditional hiring practices. Speed to place a nurse on assignment doesn’t just ensure productivity — it is a matter of life or death.

Over the past several years, the evolution of technology has drastically changed how health care facilities operate and interact with their employees as well as patients. There was a point in time where the structure in health care staffing was rigid without flexibility or varieties of employment type. Conversations around travel positions, per diem, and permanent are all now commonplace as the recent shortages caused us to normalize the discussion around role type and use of technology to influence speed to hire.

This whole evolution was put to test when April 2020 came, and the initial brunt of the pandemic was in full swing. The entire world was in panic mode. During these quarantine times, we were in a state of a health care emergency with thousands of patients seeking health care. Unfortunately, hospitals could not keep up with this demand with their existing nurse professionals, and became severely overloaded and dangerous. Due to this the United States saw unprecedented labor shortages, impacting a large number of nurses and health care workers as it pertains to both their physical and mental health.

What we are seeing now is a period classified as the “The Great Rethinking,” where nurses and health care workers alike are speaking up for what they believe in and deserve. Salary transparency and flexibility are just the tip of the iceberg for this movement.

SkillGigs is unique in that we are giving the power back to registered nurses and health care professionals, while meeting the demand created by the pandemic. Our team has been fortunate to be a catalyst to direct the change in the future of work, and we look forward to continuing to innovate.

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Bryan Groom is the division president of health care at Houston-based SkillGigs.

Houston energy giant expands implementation of Canadian startup's tech

big, big energy

CruxOCM, a startup with a significant Houston presence that specializes in robotic industrial process automation for energy companies, has secured even more business from energy giant Phillips 66.

The value of the deal wasn’t disclosed.

Houston-based Phillips 66 has agreed to expand it use of CruxOCM’s pipeBOT technology to cover even more pipelines. The pipeBOT technology is designed to improve the safety and efficiency of control room operations for pipelines and reduce control room costs.

CruxOCM and Phillips 66 launched a test of pipeBOT in 2020.

CruxOCM, based in Calgary, Canada, says pipeBOT is engineered to decrease manual controls through intelligent automation. With this technology in place, the fatigue of control room operators declines, because as many as 85 percent fewer manual commands must be entered, according to CruxOCM. Therefore, control room operators can focus on higher-level tasks.

“At CruxOCM, we empower control room operators with modern software that enables the autonomous control rooms of tomorrow, within the safety constraints of today. We look forward to continuing to strengthen our relationship with Phillips 66 for many years to come,” Adam Marsden, chief revenue officer at CruxOCM, says in a news release.

Founded in 2017, Crux OCM (Crux Operations Control Management) established its Houston presence last year. Also in 2021, the startup raised $6 million in venture capital in a “seed extension” funding round. Bullpen Capital led the round, with participation from Angular Ventures, Root Ventures, Golden Ventures, Cendana Capital, and Industry Ventures.

In 2019, Angular Ventures and Root Ventures co-led a $2.6 million funding round.