London, 6th June 2014: EdTech Europe, Europe’s leading e-Learning focussed conference platform, today announced the initial results of its EdTech 20 ranking, unveiling the top 20 e-Learning companies in Europe in terms of innovation, scale, market impact and revenue growth over the past year. Judged by an industry-leading panel including representatives from TSL, Pearson and Emerge Education, the entries from 15 European countries, highlighted a number of key trends in the education technology space, including the rise of the virtual classroom, language learning and tools for enhancing workplace and professional industry training.
Listed in alphabetical order, the EdTech 20 are:
• Circus Street
• Educations.com Media Group (EMG)
• Immerse Learning
• KTM Advance
• Learning Technologies Group
• The Student Room Group
• Virtual College
Organised by Education Technology company Edxus Group and IBIS Capital, a specialist media investment and advisory firm, the European EdTech 20 aims to highlight those e-Learning companies who have shown the most significant innovation and growth over the last year and whose businesses are primarily based within Europe. The top 3 companies will be named at EdTech Europe on June 12th, exposing them to senior executives from high profile education and media companies and private equity investors attending the event. This year’s shortlisted EdTech 20 entrants will also be considered for application to futureSXSWedu LAUNCHedu competitions.
“We have been really impressed with the entries received this year, from more than 100 innovative companies across 15 countries in Europe. It is clear that the digital disruption in Education is a Pan- European phenomenon and that Europe has a rich ecosystem of EdTech entrepreneurial talent and technology. Ensuring this talent and innovation is nurtured and supported is crucial to ensuring Europe’s EdTech market is able to grow in line with other global markets’ ” commented Benjamin Vedrenne-Cloquet, Edxus Group’s CEO and Co-Founder.
“It was interesting to see that within the Education Technology sector there are some areas of concentrated growth such as language learning and workplace training which are proving to be rich areas for development and opportunity. We hope that by helping to identify high-performing market sectors and companies in the European e-Learning field, greater expertise and capital investment can be brought to bear to help the industry grow and prosper,” commented Charles McIntyre, CEO of IBIS Capital and Co-Founder of EdTech Europe.
In addition to the European EdTech 20, three Emerge Education-Edxus Group winners have also been announced. Younger than the firms competing in the EdTech 20, the three firms were viewed as ‘highly innovative’ and reflected the key technology trends highlighted by the wider EdTech 20. They are: