Sibling Group Holdings, Inc.’s (SIBE) 21st Century Approach to the Global Learning Curve
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
Please see disclaimer on the QualityStocks website: http://Disclaimer.QualityStocks.com
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
Please see disclaimer on the QualityStocks website: http://Disclaimer.QualityStocks.com
