Why Israeli EdTech Continues Ranking Best in Class
The Startup Nation is not only known for its strength in high tech, but also its world-renowned academic institutions. From the Hebrew University in Jerusalem and Tel Aviv University to the Technion and the Weizmann Institute of Science, Israel’s educational institutions are developing Israel’s human capital and employing some of the globe’s top academic minds– particularly in science, technology, engineering and mathematics (STEM) – to produce world-class research.
There is one area in particular where the two worlds of high tech and academia converge, applying the very best of the country’s research and innovation: education technology.
EdTech utilizes technological resources to improve the learning styles of all types of learners, from childhood to adulthood. There are an estimated 30,000 EdTech companies across the globe and somewhere between 300 to 500 such companies in Israel.
The local ecosystem is committed to building on its impressive track record in the sector. Headquartered in southern Israel, one organization – MindCET – is bringing together educators, and entrepreneurs to develop the latest ground-breaking technologies for real-world use by students, teachers, and lifelong learners worldwide.. Established by the Center for Education Technology (CET), MindCET believes EdTech has the power to “fill the void” between education provided at school and knowledge required in adult life. Since 2012, the organization has been seeking out EdTech startups, tapping into gaming, artificial intelligence, and machine learning, to transform the modern learning environment.
Here are some of the startups leading the way:
Market intelligence platform HolonIQ predicts the global education market will reach $10 trillion by 2030. In our digital world, technology will be central to the sector’s future growth – and Israel will be at the forefront.
For more information, please visit http://www.itrade.gov.il/ or contact your local Israel Economic Attaché.