Vendors to focus on product/service extensions, technological innovations, and M&A.
Technavio, a company that develops over 2000 pieces of research every year and covers more than 500 technologies across 80 countries, has announced the top five leading vendors for the global cloud computing market for higher education in their latest research report. This report also lists three other prominent vendors who are expected to contribute to this market’s growth between 2016-2020.
To identify the top vendors, Technavio’s market research analysts have taken into account the revenue generated from the following segments:
- Software as a service (SaaS)
- Infrastructure as a service (IaaS)
- Platform as a service (PaaS)
This Technavio report, under the education technology vertical, is based on the synthesis, analysis, and interpretation of information about the global cloud computing market in higher education collected from specialized sources. The analysts have derived insights using a mix of primary and secondary research with an aim to provide a holistic picture of the market.
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Competitive vendor landscape
Majority of the vendors present in the global cloud computing market for higher education are from developed nations such as the US and the UK. This is due to the wide availability of digital infrastructure and the rise in demand from educational institutions. However, several regional and foreign players with smaller market shares also exist in the current market scenario. Many international players are expanding their presence worldwide, especially in the fast-developing countries of APAC, Africa, and Latin America. Furthermore, improved economic scenario in the US is fueling the growth of the market, creating attracting opportunities for the launch of new products.
“m-learning is becoming increasingly popular in the market owing to the rise in the adoption of smartphones and tablets among students. Vendors in developed countries, such as the US and the UK, provide users with real-time access to the educational content as when it is required through the adoption of m-learning. Several emerging countries such as India, New Zealand, and nations in the Middle East and Africa are modifying their educational structures and policies to create a technology-driven learning environment to keep pace with the increase in smartphone shipments,” says Jhansi Mary, a lead analyst at Technavio for research on education technology.
Top five vendors in the cloud computing in higher education market space
Blackboard
Blackboard provides enterprise technology and solutions to the educational industry globally. Its offices are located in Europe, North America, Asia, and Australia. It offers solutions through partnership with SAS Curriculum Pathways, Authentica, Baker & Taylor, NBC Learn, Peachjar, PowerSchool, Qwickly, Blended Schools Network, BusBoss, Discovery Education, Houghton Mifflin Harcourt, Kaltura, and SoftChalk.
Key products: Blackboard Mobile, Blackboard Analytics, Blackboard Collaborate, Blackboard Connect, and Blackboard Learn.
Cisco
Cisco Systems offer IP-based networking products and services related to the communications and information technology industries. It caters to businesses of all sizes, public institutions, telecommunications companies, and other service providers and individuals. The company offers products under segments that include data centers, standalone, switch-converged, and cloud-managed solutions and wireless access points, and network managed services, security solutions, and digital video systems.
Key products: Cisco Unified Data Center, Cisco Cloud Intelligent Network, Cisco Cloud Security, Cisco Collaboration Cloud Portfolio, and Cisco Services.
Ellucian
Ellucian provides software, services, and insights for higher education. It offers student information systems, finance and HR systems, and recruiting and retention systems. It also supports the higher education community with a range of professional services, including application software implementation, training, education, and management consulting.
Key products: Ellucian Elevate, Ellucian CRM Recruit, Banner by Ellucian, Colleague by Ellucian, Ellucian Talent Management Suite, Ellucian CRM Advise, Ellucian CRM, Ellucian Mobile, and Ellucian eTranscripts.
Instructure
Instructure is engaged in developing Canvas, a cloud-based learning management platform for academic institutions. It provides its platform through a SaaS business model. Some of the key features of Canvas include simple teaching and learning, lossless learning, time savvy, and enhances student engagement.
Key products: Instructure offers its platform through a SaaS business model.
Adobe Systems
Adobe Systems is a diversified software company that focuses on digital marketing and digital media solutions. The company offers a range of products and services used by creative professionals, knowledge workers, application developers, marketers, enterprises, and consumers for creating, managing, measuring, delivering, optimizing, and engaging with compelling content and experiences throughout multiple operating systems, devices, and media.
Key products: The company offers many of its products through SaaS model or managed services model and through term subscriptions and pay-per-use models.
Other prominent vendors in this market include EMC, NetApp, and Salesforce.com.
A more detailed analysis is available in the Technavio report, Cloud Computing Market in Higher Education 2016-2020. Technavio also customizes reports by other regions and specific segments upon request.
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Browse related reports:
- Global Higher Education Market 2016-2020
- Global Higher Education Game-Based Learning Market 2016-2020
- Global Simulation Learning Market in the Higher Education Sector 2016-2020
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