Edtech is a $5 trillion business but most of what we thought we knew about this industry has changed because of Covid:
- The online tutoring and home education tools market, which was already exploding in Asia, has transformed overnight into a mainstream and global driver of growth across the edtech industry.
- Large and small edtech companies offering solutions for remote learning are seeing off-the-charts jumps in activity. Clients for our voice tech for kids have seen usage increase by as much as 600%.
- Edtech tools designed for the teacher/classroom scenario are being enhanced with new features like voice technology to offer a feedback loop to kids when they are remote learning. To fulfill the needs of these companies, voice tech companies like ours are seeing a huge surge in interest and business.
- Parents are joining the ranks of teachers as primary edtech consumers, opening up opportunities and challenges for edtech companies to provide more B2C solutions.
These are certainly exciting times for voice technology. But as Founder and CEO Patricia Scanlon says:
“Making voice tech work with the complexity of kids’ voices, accents, languages, and behavior patterns is challenging. Safety and security are also critical concerns. To win, edtech companies must offer parents, teachers and kids solutions with built-in accuracy and privacy”.
SoapBox Labs provides voice tech for kids solutions to companies in the education and entertainment industries. Our solutions are award winning and recognized as the leading solutions in the market today because they offer extremely high accuracy and built-in privacy.