(5 Oct 2020) Indonesian education technology (EdTech) companies have the potential to expand to a wider market, including vocational training and the digitization of schools, as the COVID-19 outbreak has increased the need for such services, experts have said.
“EdTech is still an uncharted territory with a few players and plenty of potential. It is also very segmented, as each level of education needs a different approach; that is what makes it interesting,” Institute for Development of Economics and Finance (Indef) researcher Bhima Yudhistira said in a phone interview with The Jakarta Post on Sept. 28.
In the future, EdTech platforms could offer learning management systems (LMS) through business-to-business (B2B) partnerships with education institutions, he said, adding that there was also an opportunity to create tailor-made digital solutions, such IT system development.
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