AI is becoming an essential part of edtech software. Gitnux experts claim that between 2021 and 2024, the adoption of this technology in the industry had a CAGR of 47%. This shows that this technology has become a vital part of edtech software.
How Is AI Used in EdTech?
Artificial intelligence offers a more efficient learning process for students and educators. Products built with this technology help track academic progress, create study materials, and provide personalized learning. Established and newly founded AI edtech startups have found several ways of using this technology in an educational setting:
- Adaptive learning. AI helps solutions create learning paths based on the student’s knowledge and needs. They allow people to study at their own pace, offer additional resources, and adjust the difficulty levels of assignments.
- Content creation. Generative AI tech provides educational institutions with the means to produce various types of content. Companies involved with edtech develop solutions that turn text into video using virtual avatars or generate tailored study guides.
- Grading automation. Some edtech startups specialize in AI-based products that automate the grading process. They analyze oral and written responses on different assignments, providing timely feedback and more free time for educators.
- Improved accessibility. With AI technology, programmers to create text-to-speech and speech-to-text solutions. They make education accessible for students with hearing or sight disabilities.
- Intelligent tutoring. Developers utilize AI to create intelligent educational platforms that mimic the behavior of professional tutors. Such products explain subjects and offer real-time help, improving the learning experience.
- Predictive analysis. Educational institutions use AI solutions specializing in academic progress analysis. These products provide insights into possible education outcomes, the effectiveness of teaching methods, and individual learning patterns.
- Student assistance. Companies and startups in edtech use AI to create guidance solutions through chatbots and virtual assistants. These products provide information about the rules of life on campus, daily curriculum, events, mental health support, and other information learners may find helpful.
EdTech AI Agents and How They Work
AI Agents for education and training are custom software applications that are designed to boost productivity and performance for educational institutions and businesses.
EdTech AI Agents are powered by artificial intelligence that assist in various educational processes. They can be embedded in AI LMSs, apps, or websites to automate tasks, provide interactive learning experiences, and facilitate communication between students, teachers, and administrators.
Educational AI agents can:
Assist with personalized learning by adapting educational content to individual student needs.
Automate administrative tasks like grading, attendance tracking, and feedback generation.
Provide AI Tutoring and 24/7 access to educational resources.
Enable virtual classrooms with real-time support and interaction.
Today, over 65,000 companies in the edtech software industry compete for their rightful place in the sun. Artificial intelligence is vital to the educational solutions business, with over 67% of edtech unicorns founded in recent years using this technology in their products and services. These companies will make the most impact in 2024.
1. IONI
IONI is multi-agent platform that helps to create AI Agents for education and customize them up to the specific needs. There are many features that could be useful in educational process both for students and teachers.
For Students:
AI Teacher. A personalized learning companion that adapts to each student's pace, providing tailored lessons and instant feedback to enhance understanding.
AI Studdy Buddy. An interactive study partner that helps students review material, practice exercises, answer questions, and reinforce their knowledge with personalized support.
AI Mentor. Guide the student based on your unique process, set learning goals, and help achieve them. Engage via personalized learning assistance, exercises, and data-driven insights.
For Teachers:
AI Teaching Assistant. An intelligent assistant that streamlines classroom management and automates tasks, reducing teachers' workload.
AI Grader. A teacher’s sidekick that automates grading, providing quick, consistent feedback for students and saving educator’s time.
AI Gamification. Boost student engagement with interactive game-driven learning experiences. Benefit from diverse complexity levels to match student skills, relevant challenges, and rewards.
Overall, the internal structure of IONI is presented in the schema below:
IONI - Multi-Agent for Education
2. Dreambox Learning
This educational startup has been around since 2006 to make math education more enjoyable and personalized. Its solutions rely on artificial intelligence to offer an adjustable learning environment for children aged 5 to 14. Dreambox Learning products establish learning styles, track progress, and see how well students tackle problems.
With this approach, teachers better understand which individuals could use some help with their math comprehension. The company solutions also conduct predictive analysis to show how well students will understand math by the end of the year.
3. Carnegie Learning
The US startup offers comprehensive learning products for K12 learning institutions. Their products use cognitive science and artificial intelligence to create tailored mathematical and scientific courses. These solutions analyze responses and provide individual support, making learning more engaging and enjoyable.
Carnegie Learning’s solutions also help educators better find an individual approach for their students. Its MATHia Adventure is a game-like solution that helps children practice math skills in a colorful environment. Currently, its solutions are used in over 1,500 school districts across the United States.
4. Memrise
UK’s language learning edtech startup is one of Duolingo and Babbel's main rivals. Memrise combines adaptive learning and AI technology to provide tailored education. Everybody interested in studying a foreign tongue can check out the 150 courses in 25 languages. This solution, available for web, iOS, and Android devices, has over 50 million users.
Memrise developers use repetition patterns to reinforce language concepts for better comprehension. The learning platform voice recognition to assess pronunciation. Individuals can use smartphone cameras to point at objects and see the correct words for them in different languages.
5. Osmo
Among all the edtech startups on our list, Osmo has the most significant emphasis on education games. The company provides school solutions for teaching young children critical thinking, communication, and collaboration. In addition to AI, these solutions use AR technology, such as special Osmo letters, pens, and play cards.
Since its foundation in 2013, the startup has gathered many prestigious awards, including the Parent’s Choice award, the Oppenheim ward, and a Toy of The Year Finalist in 2016. Currently, over 31,000 classrooms use Osmo’s products.
6. Riiid
The South Korean company developed an AI-based solution that works as a personalized student tutor. Like all professionals, it teaches, evaluates assignments, recommends learning paths, and assesses overall performance. The platform offers unique study plans, leading to better outcomes in exams and standardized tests.
Recently, Riiid rose to the top of the CB Insights AI 100 list as a company that helps transform the edtech industry. During its extensive history, the firm has won the 2020 Brilliant People and Brand Awards and the AI Korea Awards 2020.
7. Squirrel AI
One of China’s top AI startups specializes in providing tailored education. The company gained access to some of the world’s largest student databases to train the large language models used in its platform. YiXue Education played a big part in developing its AI algorithms.
Squirrel AI aims to provide a unique educational experience through adaptive assessments and tailored learning paths. In 2019, the platform won the GITEX Best Education Technology Award, and in 2021, it took the Artificial Intelligence for the Benefit of Humanity trophy with a $1 million prize.
8. Udacity
Udacity is a startup and educational platform that uses AI for personalized education. Its algorithms help the solution provide feedback, academic assessment, and content recommendation. Unlike other platforms, Udacity offers education on technical subjects like data science, software engineering, robotics, AI, and ML.
Founded in 2011 in California, Udacity is one of the oldest educational startups. The platform teaches over 160,000 students from more than 190 countries.
We are closely looking at this edtech solutions market because one of the most exciting projects we worked on was an online course builder and learning tool. With the growth of AI technologies, EdTech agents are expected to become even more sophisticated. They will likely take on more complex roles, such as facilitating deeper cognitive learning, offering emotional and social support, and even assisting with career guidance by analyzing a student’s strengths and weaknesses.
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