Connect with us

Technology

Pearson and Cebr research: £8.7 billion benefit for UK economy from investment in technology in schools

Published

18 hours ago

on

LONDON, Jan. 9, 2025 /PRNewswire/ — An annual investment of approximately £130 million a year in technology in schools over the next decade would deliver an economic benefit to the UK of up to £8.7 billion. For every £1 invested, technology in schools would bring a return of up to £7.90, benefiting both the education sector and the growth of the economy.

Pearson and Cebr research: £8.7 billion benefit for UK economy from investment in technology in schools

These findings are from a new report commissioned by Pearson (FTSE: PSON.L) the world’s lifelong learning company and produced by the Centre for Economics and Business Research (Cebr). The research highlights the transformative economic and educational benefits of investing in digital transformation within UK state-funded schools and the stronger role it could play in both curriculum and assessment.

Using Pearson’s digital transformation framework for UK schools, the Pearson-Cebr analysis found that strategic investment across three main areas – device provision, broadband improvement and teacher training – could deliver substantial improvements including:

Teacher time savings of around £900 million in the first year alone – freeing up teachers’ time equivalent to almost five average working weeks.Additional earning potential for new entrants to the labour market – this would increase from under £7 million in year one to around £200 million by year 10 thanks to improved skills through the use of EdTech underpinning higher student attainment.Economic productivity – wider economic benefits from a more skilled workforce would see returns starting at around £6 million in the first year and rising to around £180 million by year 10.Positive environmental impact – potential for nearly two million kg of CO2E savings by the tenth year of the appraisal period – that’s enough to power hundreds of households for a year.

Sharon Hague, Managing Director of Pearson School Qualifications said: “Investing in digital transformation within our schools is an investment in our future. The benefits of technology extend far beyond the classroom – helping underpin student outcomes, freeing up teacher time and driving economic growth too.

“With discussions ongoing about the future of curriculum and assessment, we believe it’s crucial to look at the benefits that technology can unlock for schools, students and the economy. Our goal with this work is to progress these conversations and identify practical suggestions. Strategic investment in both infrastructure and teacher training will support UK state-funded schools to make better use of technology, better prepare students for future life and work and ultimately, help to build a more productive workforce.”

Elizabeth Anderson, Chief Executive of the Digital Poverty Alliance said: “Children learning today are entering a digital world tomorrow, with the pace of digitisation and tech growth at an unprecedented level. This report shows the power of giving young learners access to tech in the classroom – which we feel is especially important for those living in lower income families without a laptop at home on which to learn or complete education. Combining this with meaningful teacher training on providing digital skills has the opportunity to transform the futures for millions of young people who can forge a better future if given the knowledge and confidence to succeed in accessing jobs that are ever more reliant on tech.”

Sam Miley, Managing Economist and Forecasting Lead at Cebr said: “Our report highlights the benefits that could be accrued through increased investment in EdTech. These benefits grow over time and begin to outweigh the costs by several multiples. At a time when productivity growth in the UK is feeble, particularly in the public sector, this presents an attainable approach to improving skills and both educational and labour market outcomes.”

What’s needed
Cebr-Pearson analysis drew on existing research across the sector to define what technology and training was needed for schools. This includes:

additional device provision – currently just 34% of secondary schools and 31% of primary schools say they have a sufficient numbers of devicesan overhaul of broadband for schools – slow internet speed is reported at 27% of secondary schools and 36% of primary schoolstraining of 20+ hours per teacher – for example, currently 24% of teachers consider a lack of confidence in their digital skills to be a barrier to using technology in learningteaching and assessment of the digital skills that young people need for the futureadditional exam formats – currently only pen and paper are used in the majority of exams.

Pearson now calls for a national strategy for the deployment of technology in schools. In 2025, Pearson will launch a wider Digital in Schools project – guided by research, insights and practical suggestions to help unlock the benefits of EdTech in schools.

Explore the Pearson-Cebr summary report
Explore the full Cebr report findings 

Media Contact:
anna.osullivan@pearson.com

About Pearson
At Pearson, our purpose is simple: to help people realize the life they imagine through learning. We believe that every learning opportunity is a chance for a personal breakthrough. That’s why our c. 18,000 Pearson employees are committed to creating vibrant and enriching learning experiences designed for real-life impact. We are the world’s lifelong learning company, serving customers in nearly 200 countries with digital content, assessments, qualifications, and data. For us, learning isn’t just what we do. It’s who we are. Visit us at pearsonplc.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/pearson-and-cebr-research-8-7-billion-benefit-for-uk-economy-from-investment-in-technology-in-schools-302346917.html

SOURCE Pearson

Related Topics:
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Nadcab Labs Launches 25-Day Wallet Development Guarantee for Decentralized Finance

Published

48 minutes ago

on

January 10, 2025

By

PRAYAGRAJ, India, Jan. 10, 2025 /PRNewswire/ — As decentralized finance (DeFi) continues to redefine the global financial landscape, the demand for secure and efficient DeFi wallets has skyrocketed. Nadcab Labs, a leader in blockchain innovation, is meeting this demand with its 25-day DeFi wallet development guarantee. This game-changing service ensures businesses can launch fully operational wallets rapidly, with a promise of a 10% discount if the timeline is not met. It offers a comprehensive DeFi wallet development service designed to empower businesses with fast, secure, and customizable solutions for the decentralized finance ecosystem. With a focus on rapid delivery, Nadcab ensures that clients can launch their wallets in just 25 days, gaining a competitive edge in the fast-evolving DeFi space.

The key benefits of Nadcab’s DeFi wallet development include rapid market entry, tailored solutions to meet specific business and user needs, advanced protection through encryption and multi-signature capabilities, and compliance support to navigate complex regulatory landscapes.

Additionally, they provide seamless user experiences with intuitive UX/UI designs, multi-chain compatibility for interoperability, and scalability to accommodate growing demands. To achieve such rapid development, they employ a modular architecture with pre-built components, an experienced team of blockchain experts, an agile methodology for iterative testing and deployment, and advanced toolsets to ensure precision and efficiency in every project.

“Nadcab Labs is redefining how DeFi wallets are developed. With our rapid delivery model and commitment to quality, we’re empowering businesses to capitalize on opportunities in the decentralized finance market,” said Aman Vaths, CEO of Nadcab Labs. “The 10% discount guarantee reflects our confidence in meeting deadlines without compromising on excellence.”

About Nadcab Labs

Nadcab Labs is a globally recognized blockchain consulting and development company specializing in DeFi, tokenization, and cryptocurrency solutions. The company’s mission is to drive innovation, scalability, and security in the decentralized economy.

For more information about Nadcab Labs’ DeFi Wallet Development services, visit www.nadcab.com.

Media Contact: Aman Vaths
Founder: Nadcab Labs
Email: info@nadcab.com
Phone: +91 8081059613

Social Media Links
Facebook – https://www.facebook.com/nadcablabs
Twitter – https://twitter.com/nadcablabs
LinkedIn – https://www.linkedin.com/company/nadcablabs
Instagram – https://www.instagram.com/nadcablabs/
YouTube – https://www.youtube.com/@nadcablabs

Logo: https://mma.prnewswire.com/media/2595209/Nadcab_Labs_Logo.jpg

View original content to download multimedia:https://www.prnewswire.com/in/news-releases/nadcab-labs-launches-25-day-wallet-development-guarantee-for-decentralized-finance-302347707.html

Continue Reading

Technology

GTPL Hathway Reports Stable Performance in Q3 FY25

Published

48 minutes ago

on

January 10, 2025

By

AHMEDABAD, India, Jan. 10, 2025 /PRNewswire/ — GTPL Hathway Limited, India’s largest Digital Cable TV Service Provider and a leading Broadband Service provider, announced its Financial Results for the Quarter ended December 31, 2024

Key Financial Highlights: 

Key Consolidated Business & Financial Highlights: Q3 FY25 (Y-o-Y)                                                                   

Q3 FY25 Total revenue stood at ₹ 8,957 million, a  growth  of  4%  Y-o-YEBITDA for Q3 FY25 stood at ₹ 1,138 million with an EBITDA Margin of 12.7 % and an operating EBITDA margin of 21.8%.Q3 FY25 Profit After Tax stood at ₹ 102 million.

 

Particulars (₹ in million)

Q3 FY25

Q3 FY24

Q2 FY25

FY24

Digital Cable TV Revenue

3,024

3,249

3,129

12,604

Broadband Revenue

1,383

1,352

1,367

5,268

TOTAL Revenue

8,957

8,607

8,620

32,460

EBITDA

1,138

1,305

1,138

5,111

EBITDA Margin (%)

12.7 %

15.2 %

13.2 %

15.7 %

Operating EBITDA* (%)

21.8 %

24.2 %

21.8 %

24.4 %

Profit After Tax

102

238

129

1,069

*Operating EBITDA (%) = (EBITDA net of Activation & Other income) / (Subscription+ ISP + Other Operating income)

Operational Highlights

Digital Cable TV

Active subscribers were 9.60 Mn as of December 31, 2024, with an increase by 200K Y-o-YPaying subscribers stood at 8.90 Mn, increasing by 200K Y-o-YTotal subscription revenue from Cable TV stood at 3024 Mn

Broadband

Increase in broadband subscribers by 37 K Y-o-Y thus standing at 1042 KHomepass as on December 31, 2024, stood at 5.95 Mn – an addition of 350 K Y-o-Y. Of the 5.95 Mn, 75% available for FTTX conversionBroadband average revenue per user (ARPU) stood at ₹ 465 per month per subscriber for the quarter, increased by ₹ 5 Y-o-Y.Average data consumption per user per month was 365 GB, an increase of 6% Y-o-Y

Commenting on the results, Mr. Anirudhsinh Jadeja – Managing Director, GTPL Hathway Limited said, 

“GTPL continues to consistently grow subscriber base across both business divisions, reflecting our commitment to provide best in class and innovative products and services to our customers. Our focus on providing a holistic experience for our subscribers has enabled us to maintain our position as the largest MSO in the country. We are confident of our growth in upcoming quarters in both the business segments based on favorable industry dynamics towards continued consolidation. “

About GTPL Hathway Limited

GTPL Hathway Limited is India’s largest MSO providing Digital Cable TV services and is one of the largest Private Wireline Broadband service providers in India. The Company is the largest Digital Cable TV and Wireline Broadband Service Provider in Gujarat & is a leading Digital Cable TV Service provider in West Bengal. The Company’s Digital Cable TV services reach 1,500 plus towns across India in 23 states. The company enjoys an expansive network, comprising over 47,000+ business partners, 200+ broadcasters, 1,750+ enterprise clientele, and active participation in 30+ government projects. The company offers an enviable catalogue of 970+ TV Channels with 130+ channels which are GTPL Owned & Operated Platform Services. As on December 31, 2024, the Company has 9.60 million Active Digital Cable TV Subscribers and 1.04 million Broadband Subscribers and a Broadband Home-pass of about 5.95 million.

Safe Harbor

Any forward-looking statements about expected future events, financial and operating results of the Company are based on certain assumptions which the Company does not guarantee the fulfilment of. These statements are subject to risks and uncertainties. Actual results might differ substantially or materially from those expressed or implied. Important developments that could affect the Company’s operations include a downtrend in the industry, global or domestic or both, significant changes in political and economic environment in India or key markets abroad, tax laws, litigation, labor relations, exchange rate fluctuations, technological changes, investment and business income, cash flow projections, interest, and other costs.  The Company does not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date thereof.

Logo: https://mma.prnewswire.com/media/1982843/GTPL_Logo.jpg

View original content:https://www.prnewswire.com/in/news-releases/gtpl-hathway-reports-stable-performance-in-q3-fy25-302347331.html

Continue Reading

Technology

MotivatedSellers.com Launches Enhanced Platform for Real Estate Investors

Published

48 minutes ago

on

January 10, 2025

By

MotivatedSellers.com, formerly NeedToSellMyHouseFast.com, unveils its rebrand with a streamlined platform, real-time lead delivery, a new mobile app, and compliance updates to enhance transparency and efficiency for real estate investors.

AVENTURA, Fla., Jan. 9, 2025 /PRNewswire-PRWeb/ — NeedToSellMyHouseFast.com, a trusted name in motivated seller lead generation for real estate investors, is thrilled to announce its official rebranding to MotivatedSellers.com. This strategic move reflects the company’s growing commitment to delivering high-quality, real-time leads for real estate professionals, while offering robust support and innovative features to maximize deal-closing potential.

We’re here to deliver a direct, straightforward experience that lets real estate professionals and motivated sellers find each other quickly and efficiently.

“We’ve always believed that a great service deserves a great name,” said Sarah Moalem, Customer Success Manager at MotivatedSellers.com. “Our previous name, NeedToSellMyHouseFast.com, accurately described our service but was cumbersome—try spelling out ‘leads.needtosellmyhousefast.com’ over the phone. MotivatedSellers.com is not only simpler and easier to remember, but it also perfectly reflects our core mission of connecting real estate investors with motivated sellers.”

Introducing MotivatedSellers.com

MotivatedSellers.com is a lead generation service connecting motivated sellers directly to real estate investors, flippers, and agents seeking off-market opportunities. By leveraging advanced marketing strategies across multiple channels, the platform ensures a consistent flow of high-quality leads. Key highlights include:

Pay-Per-Lead Model: Pay only for good leads. With our generous return policy, you can dispute leads that don’t meet key criteria—such as being listed on the MLS, no-response leads, or mobile home leads—within 10 days for a return or credit.Real-Time Lead Delivery: We deliver leads as soon as they come in, ensuring you’re first in line to contact motivated sellers. While we don’t pre-vet each lead (to ensure speed and freshness), our 10-day dispute window covers invalid leads under our policy.Omnipresent Marketing Approach: Our team uses cutting-edge techniques and constant ad rotation to avoid ad fatigue, so you can focus on what you do best: closing deals. We advertise across multiple channels and refine our campaigns based on performance data.New Mobile App: Access, track, and manage your leads from anywhere with our mobile app. Get push notifications for new leads, so you never miss a hot opportunity.

Existing customers can log in seamlessly using their current credentials at motivatedsellers.com/leads. To ensure compliance with new FCC regulations and provide sellers with the confidence to connect, all users are required to update their Display Name, Display Photo, and Display Company—details sellers will see before granting consent for contact.

This simple update is essential to streamline the user experience for both sellers and investors while aligning with our commitment to transparency and regulatory compliance.

Future Features and Improvements

High-Motivation Alerts: If a seller resubmits their information, we’ll send you an alert indicating a potentially higher level of motivation. You won’t be charged for duplicate leads.New Appeal Process: While we strive to make fair decisions on all lead disputes, we recognize that mistakes can happen. Soon, you’ll have a one-time appeal process to challenge a denied dispute.Compliance Upgrades: MotivatedSellers.com is moving to a 1-to-1 consent model, aligning with new FCC guidelines. Sellers will see your name or company name before submitting information, granting you explicit consent to contact them.Improved Affiliate Program: We’re revamping our affiliate program with enhanced reporting and new marketing materials. In addition, commissions will shift from PayPal to direct deposit or lead credits—offering greater flexibility and convenience.

Why the Rebrand?

As the platform and its community of investors have grown, the company recognized that NeedToSellMyHouseFast.com—though descriptive—didn’t fully capture the essence of connecting investors with highly motivated sellers. Moreover, the lengthy domain name was often unwieldy and difficult to communicate. By transitioning to MotivatedSellers.com, the company can reinforce its core mission, simplify user onboarding, and ultimately provide a more memorable brand that resonates with both new and existing clients.

The name MotivatedSellers.com aligns perfectly with our vision,” added Sarah. “We’re here to deliver a direct, straightforward experience that lets real estate professionals and motivated sellers find each other quickly and efficiently.

To support the announcement, MotivatedSellers.com has prepared a comprehensive Press Kit. This kit includes the company’s updated logo, brand guidelines, and other assets that journalists and bloggers can easily reference when covering the brand.

About MotivatedSellers.com

Formerly NeedToSellMyHouseFast.com, MotivatedSellers.com has been a leading resource in off-market real estate for investors nationwide. We pride ourselves on delivering real-time, high-quality leads backed by a fair return policy, a dedicated mobile app, and a highly effective, omnipresent marketing strategy. Our mission is to simplify the process of finding and contacting motivated sellers, allowing real estate professionals to focus on what matters most: closing deals.

Media Contact
David Saba, MotivatedSellers.com, 1 (305) 771 1557, press@motivatedsellers.com, MotivatedSellers.com

View original content to download multimedia:https://www.prweb.com/releases/motivatedsellerscom-launches-enhanced-platform-for-real-estate-investors-302345533.html

SOURCE MotivatedSellers.com

Continue Reading

Trending