eLearning - a 52.6 billion USD market | SIVECO Romania

eLearning - a 52.6 billion USD market

Friday, February 27, 2009

The development of eLearning solutions for K12 education and universities is on a growing trend. A recent study conducted by specialists from Global Industry Analysts (USA) estimates that by 2010, the eLearning market would exceed 52.6 billion US dollars, globally. 

However, in a world where education is closely related to computer use, 776 million young people and adults - 16% of the world's population - have no access to IT resources and no possibility to accumulate basic knowledge in this area, according to a report recently published by UNESCO "Education for all - Overcoming inequality: why governance matters". 

If until now the focus was on integrating technology in the classroom, the trend shifted toward programs aimed at increasing the students’ and teachers’ knowledge regarding the use of computers, eLearning platforms and customized educational software. In Romania, 12,000 schools have IT laboratories equipped with the AeL eLearning platform and 3,700 interactive AeL lessons and over 140,000 teachers have participated in training programs that aim to integrate technology in the educational process. The Romanian educational system has made significant steps to ensure the access to educational resources for both students and teachers, but further actions still need to be taken in this direction. 

"Currently the educational solutions, as well as the entire educational industry, have a high degree of complexity. Major projects are the outcome of partnerships between the most important players on this market, since they are based on integrated solutions. SIVECO Romania is a renown international software company that provides products and integrated educational solutions for Europe, Asia and Africa," said Stefan Morcov, Vice President for eLearning, SIVECO Romania. 

Regarding the eLearning solutions for companies the trend is towards training programs on demand, which are based on the customized needs of users, collaboration and sharing of resources. Since during economical crisis the training budgets decline, organizations won’t choose any longer expensive programs. They will migrate toward more efficient activities and trainings like the implementation of modern eLearning systems, which include courses and valuable educational content that bring relevant benefits.