Whether you’re creating a learning platform to support employees in their upskilling and career development journey or you’re an EdTech company hoping to boost profitability, harnessing the power of AI can help you give your platform a needed update. Gain insights from software development company Sciforce, who walk you through the process they took to help one EdTech client better engage learners with more relevant content and increase its return on investment. Learn why it’s time to find solutions for classifying content that are more sophisticated than relying on keywords and tags.
EdTech companies can boost engagement and their return on investment with AI solutions.
If you’re hoping to increase the profitability, personalization, and reach of your educational platform, then you may want to leverage the power of AI to create individualized learning pathways. Boutique software development company Sciforce teamed up with an EdTech client to create such a platform, which serves as a case study for EdTech companies hoping to harness the power of AI to better aid learners and the organizations that support their development and upskilling, while increasing profitability. Creating AI-powered learning solutions can help you maximize profits: Sciforce’s client used the platform to boost its return on investment by 15%, a rise the client attributed to a 12% decrease in churn rates and a 20% increase in course sales.
Sciforce’s client faced the following challenges, which other EdTech companies may share: difficulty recommending content when there’s a lack of actionable data to do so (a “cold start problem”); ensuring data quality (due to factors such as incomplete data); balancing users’ right to privacy...
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