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Education Industry Segments and Resources There is no universally accepted segmentation of the education industry, but there are some usable examples such as that of Eduventures.com ... Products Publishing Textbooks Multimedia Software School supplies Hardware and equipment
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There is no universally accepted segmentation of the education industry, but there are some usable examples such as that of Eduventures.com ... • Products • Publishing • Textbooks • Multimedia • Software • School supplies • Hardware and equipment • Supplementary materials • Services • Training • Corporate • Professional • Consumer • At-Risk • Educational • Rehabilitative • Correctional • Tutoring/Testing • Tutoring • Test preparation • Testing services • Supplementary services • Before, After, and Summer schools • Language • Consulting • E-Services • Portal • E-tail • Network platform • Schools • Childcare • Standalone • Worksite • Backup • K-12 • Charter schools • Contract managers • Proprietary • Postsecondary • Academic • Vocational • Online How do non-profit and government organizations fit into the picture though? Source: Eduventures.com: What is the Education Industry, January 2000
… or Merrill Lynch • Educational services • Educational products • Special education • At-risk education • Education of adjudicated youth • Teacher teaching • Tutoring & remedial education • Before- and After-school programs • Schools • Textbooks • Supplementary materials • Technology & Software • Consumers • Tutoring • Language instruction • Test preparation • Before- and After-school programs • Private schools • Books • Software • Toys and games Where are other target groups (companies, government, etc.)? What is a more detailed breakdown of each category? Source: Merrill Lynch, The Book of Knowledge, April 9, 1999
It is impossible to list all companies from all sectors, but here are examples of some well known companies • Segment • Sub-segment • Company • Name • Web address • Schools • Childcare • KinderCare L.C.* • La Petite Academy • Children's World L.C. • Childtime L.C. • www.kindercare.com • www.lapetite.com • www.childrensworld.com • www.childtime.edu • K-12 Charter schools • The Edison Project • The Leona Group • National Heritage Acad. • Beacon Edu. Mng.* • www.edisonproject.com • www.leonagroup.com • www.heritageacademies.com • www.beacon.edu • Post-secondary • Apollo Group • DeVry • ITT Ed. Services • www.apollogrp.com • www.devry.com • www.itttech.com • Distributed learning • U-Next • NYU On-line • Univeristy Access • www.unext.com • www.nyuonline.com • www.universityaccess.com * L.C. = Learning Centers Source: Merrill Lynch, The Book of Knowledge, April 9, 1999
It is impossible to list all companies from all sectors, but here are examples of some well known companies (CONTINUED …) • Segment • Sub-segment • Company • Name • Web address • Services • At-Risk • Cornell Corrections • Res-Care • www.cornellcorrections.com • www.rescare.com • Teacher training • Advantage Learning S. • Teacher Universe • www.advlearn.com • www.knowledgeu.com • Before-/ After- • Explore • Sylvan Learning S. • www.exploreinc.com • www.sylvanlearning.com • Products • Textbooks • Person • VarsityBooks.com • www.pearson.com • www.varsity.com • Technology • Nat. Computer systems • NetSchools • CampusPipeline • Blackboard.com • www.ncs.com • www.netschools.com • www.campuspipeline.com • www.blackboard.com • Corporate training • Textbooks • Provant • Franklin Covey • www.provant.com • www.franklincovey.com Source: Merrill Lynch, The Book of Knowledge, April 9, 1999
The background of industry trends, information and links to individual companies can be found at several places Best ready-to-use industry overview • Investment reports • Merrill Lynch • The Book of Knowledge • Eduventures.com • What is the Education Industry? • US Bancorp Piper Jaffray • e-Learning: Helping Investors to Climb the e-Learning Curve • Thomas Weisel Partners • e-Education: ".com Meets .edu" • News providers • Education Week • Eduventures.com • University Business Magazine • Yahoo • U.S. News • Business Week • Non-profit/ Government organizations • (striving for improvement in quality) • New Schools Venture Fund • Business Coalition for Education Reform • Center for Education Reform • WorldBank's Ed Invest • National Alliance of Businesses • US Department of Education Source: Eduventures.com: What is the Education Industry, January 2000
To save time, our suggestions … • www.eduventures.com • - perhaps the most comprehensive web site I've seen on the ed industry. News, company directories, trends, job announcements, etc. Excellent! • www.universitybusiness.com • - the web site for the best periodical I know of in the industry: University Business Magazine. Very well written articles on trends in higher education -- technology, tuition, training, faculty, HR, leadership, scholarship, entrepreneurial projects, public/private partnerships, etc. • www.mff.com • web site for the Milken Family Foundation site (yes, Michael Milken). Very comprehensive site, geared mainly toward K-12 issues. MFF is probably the most active (and best funded) not-for-profit out there right now looking for solutions to problems in education. • http://glef.org/ • The George Lucas Educational Foundation website. The e-resources link is worth noting. • http://www.edweek.com/ • Online version of the education newspaper. • http://biz.yahoo.com/n/y/y0009.html • Education news headlines from Yahoo! * Source: Monisha Kaplan, Charles Catalano, Kellogg Alums