One week ago I started to learn a new language. My last attempt to broaden my knowledge of the romance languages was some fifteen years ago when I studied Spanish at an adult education center taking evening classes. So, it’s been a while.
Since 2009 EDUKWEST has been covering education technology startups from across the globe. On the consumer side the main driver for innovation in the field of online learning in the past few years has clearly been the rise of smartphones, tablets and high speed internet connections.And on the business end it has been the rise of cloud based applications and the sinking cost of web hosting.
If an edtech startup disappears and nobody notices, did it ever exist? Luvo, formerly Flashnotes, seems to have gone into hibernation, or possibly full shutdown. When you are visiting the website these days, all you see is a wooden texture and a “Thank you from Luvo” note in the browser tab.
While some tech outlets have been reporting on a possible drought for edtech startups due to shrinking investor interest in western markets, Asia appears to be headed in the exact opposite opposite direction.
The enthusiasm for all things edtech, fueled by all the different stakeholders, likely makes Asia the most dynamic market for education technology right now.