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AI in Education's Top 10 Companies

AI In Education's Top 10 Companies

In What Ways Does AI Affect How We Teach in the Classroom?

Healthcare, banking, and finance are just a few sectors that are undergoing radical changes as a result of the exponential growth of digitalization and technological innovation. Education is not immune to the revolutionary effects of AI integration on the development of industries. Modern technologies, such as Artificial Intelligence, are being rapidly incorporated into the educational system, influencing both the way students and teachers approach these activities. Globally, educational platforms are leveraging AI to foster more collaborative and engaging classroom experiences for its students. Personalization, more immersive digital teaching, accessibility around the clock, immediate feedback, and increased participation from students with special needs are just a few of the ways in which AI is improving the educational system.

An Explosion of the Global Market for Educational AI on Covid-19

According to Emergen Research, the global market for AI in education was worth $1.55 billion in 2020. By 2028, analysts anticipate it will have increased to USD $25.63 billion. The result will be a healthy compound annual growth rate (CAGR) of 43.8% for income throughout the projection horizon. Despite the COVID-19 pandemic, the global market for online education has increased. The increasing adoption of AI tools by instructors enables improved information delivery, performance assessment, and the streamlining of administrative work, according to a report by Emergen Research. The expanding demand for real-time monitoring of student progress, improved Internet access, especially in emerging countries like India, and rising awareness of intelligent tutoring systems all contribute to the expansion of the industry.

List of the Top 10 EdTech Firms Using AI to Improve the Classroom Experience

Nuance – Revenue

The headquarters of the global technology firm Nuance are in Cambridge, Massachusetts (USA). It provides services in the fields of medicine, finance, and instruction using AI. The company's cutting-edge speech recognition software has earned it accolades in the education technology industry, and it is considered a frontrunner in the field of conversational Artificial intelligence. The Dragon Speech Recognition software from Nuance is an excellent resource for classrooms due to its high speed of transcription (around 160 words per minute). Efficient lesson plans, in-depth comments, assessments of progress, and comments are all provided.

Edvantic

Edvantic's artificial intelligence (AI), data science (DS), and blockchain initiatives present a once-in-a-lifetime chance for educational institutions to implement cutting-edge infrastructures, courses of study, and credentials. By taking part, educational institutions improve their odds of promptly adopting and implementing cutting-edge courses in the ever-evolving sectors of technology. The prominent World Data Science Initiative has recognized Edvantic as a partner. Organizations like the Data Science Council of America, the Artificial Intelligence Board of America, and the Central Blockchain Council of America—three of the most prestigious bodies in the field of data science and AI—have made Edvantic their exclusive global partner for developing and promoting cross-platform, vendor-neutral knowledge standards.

Squirrel AI

China-based online education provider Squirrel AI. The company provides low-cost, high-quality, individual K-12 teaching and is the first Chinese provider of adaptive-learning solutions powered by artificial intelligence. Squirrel AI provides cutting-edge education with cutting-edge algorithms and real-time adaptable technology. There are more than 1,700 of them, spread throughout more than 200 cities.

Cognii

Cognii Inc. is at the forefront of the edtech industry, providing cutting-edge AI-powered educational and vocational training solutions. Many K-12 and corporate training organizations are partners of the company because of the better and cost-effective learning solutions they provide. Cognii Virtual Learning Assistant, the company's award-winning edtech product, is an educational assistant that provides users with individualized lessons, AI-powered coaching, and a forum for discussing their progress and questions.

Carnegie Learning

The Pittsburgh headquarters of Carnegie Learning, Inc. Solutions in the fields of applied sciences, mathematics, literacy, and English/language arts (ELA) are provided for students in grades K through 12. Tech Edvocate Awards recognized MATHia(r) as the "Best Artificial Intelligence/Machine Learning Application" in 2019. MATHia(r) is a tool that may be used in conjunction with LiveLab. In order to help pupils in middle school and high school improve their arithmetic skills, MATHia employs techniques from cognitive science and artificial intelligence. It also has a personalized feedback feature.

Blippar

Blippar is a London-based technology "unicorn." The firm's primary focus is on developing and distributing AR-based content for online and mobile platforms. WebAR, the company's in-house content production platform, and Blippbuilder, its proprietary content publication platform, are the firm's flagship products. Several major companies, including Jaguar Land Rover and Porsche, Cadbury, PepsiCo L'Oreal, GSK, and Procter & Gamble, have partnered with Blippar to launch innovative augmented reality (AR) campaigns.

Century Tech

Century Tech is a multi-award winning artificial intelligence (AI) based education and training platform. Its headquarter is in London, England. It integrates artificial intelligence with neuroscience to improve education at all levels, from elementary to university. The experts at Century Tech comprise both veteran educators and cutting-edge engineers and neuroscientists who work together to create adaptive, adaptive learning paths for each individual learner.

Querium

The Querium Corporation was founded that year. Its online assessment platform that employs AI to evaluate STEM subjects makes it a frontrunner among edtech firms worldwide. It stands out from the crowd because to its intuitive interface, expert systems with pending patents, and cutting-edge simulation technologies. With the support of step-by-step teaching, the platform's individualized lessons make it easier for kids to learn and retain essential STEM concepts. StepWise, Querium's online tutoring platform, provides students with a learning experience that is consistent with that of having a master instructor available whenever they need it.

HowNow

HowNow, with headquarters in London, United Kingdom, is an AI-based edtech service provider for the world's leading corporations. The process of hiring and training new staff members is sped significantly as a result. The firm's primary areas of expertise include business and employee training, skill development through workshops and seminars, and corporate and professional education. This system monitors and analyzes data in real-time to help boost employee performance and pinpoint skill deficiencies.

KidSense

Automatic speech recognition (ASR) and Edge-AI are both made possible by the cutting-edge Kidsense.ai platform. The American education technology firm Kadho created it. Kidsense.ai is a California-based firm that provides cutting-edge artificial intelligence (AI) technologies for classroom use. Among these is the transcription of spoken words. Kids can take better notes and expand their vocabularies with this tool made just for them. When ROYBI acquired KidSense.ai in February of 2020, the price tag was a mystery.



This post first appeared on 1stkare, please read the originial post: here

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