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Every day, technology innovations transform the way people learn and how educators teach. In the last few years, the edtech field has attracted a lot of talented people, all with excellent knowledge bases and ideas. Though the edtech industry has been around for a few decades now, the last few years, in particular, have seen a surge in investment from both school districts and investors.

The education market is currently worth around $5 trillion globally, and it is forecasted that education technology investment alone will reach $252 billion by the year 2020. This growing investment into edtech startups has created some exciting changes in the world of education. Naturally, with increasing capital, the number of edtech companies is also growing.

Who are the top edtech companies in the world? The Edvocate editorial team has exhaustively researched companies in the edtech space and selected 10 of the top global edtech companies. To frame our methodology, we decided to define the term edtech company broadly. On this list, you will find startups, small and medium-sized businesses, as well as perennial juggernauts, etc. who are transforming the edtech space as we know it.

The companies that we chose are all active in the area of edtech, doing something influential in 2017, well-known throughout the edtech landscape, and making an impact globally. We are excited to witness how these companies continue to change the world this year, and we are anxious to see who will stand on the shoulders of these giants, and as a result, make our list next year. Without further ado, here is The Edvocate’s 2017 EdTech 10: A Ranking of Global Edtech Companies.

myON – The Personalized Literacy Ecosystem

Company Description: myON is an award-winning personalized literacy environment that incorporates a state-of-the-art learning platform, enhanced digital reading content, the Lexile® Framework for Reading, cutting-edge literacy tools, and embedded metrics to monitor activity and growth. myON NEWS, launched earlier this year, breaks new ground by being the first literacy program that matches digital articles to digital books, with unlimited access to both. myON NEWS presents students with five news articles written specifically for students at their reading level every day, 52 weeks a year. Together, these components power a Literacy Ecosystem that is built upon five pillars: personalization, unparalleled content, unlimited access, collaboration, and student success.

How They Are Transforming the EdTech Space: myON is transforming the edtech space by bringing unlimited access to books and informational media to as many children as possible. Through content that encourages student choice, myON provides an innovative, 21^st– century approach to personalized literacy that engages students and inspires a lifelong love of reading. Through the first-of-its-kind integration of myON NEWS and its literacy ecosystem, educators have the ability to seamlessly link literacy curriculum with real-world current events and introduce their students to a wide array of digital books published by industry-leading partners around the world. Any article students select is also linked to a fiction and/or a non-fiction book, encouraging them to dive deeper into subject matters and increase their curiosity about reading and the world around them.

Twitter: @myONreader & @myONnews

Email:  lwalker@myon.com

Company Description: Lightspeed is dedicated to improving teaching and learning with award-winning classroom audio solutions. Our passion is to improve the listening and learning environment for every child. Lightspeed believes technology should strengthen the connection between teachers and students, and enhance daily instruction. Lightspeed classroom audio systems are designed to engage the whole classroom, activate group learning, and promote growth and collaboration during professional development.

How They Are Transforming the EdTech Space: Lightspeed is focused on helping educators effectively use classroom audio systems to enhance instruction and improve student achievement. Lightspeed’s Access Technology products are wireless, easy to use, and engage the whole classroom by providing clear, low-volume, highly intelligible sound that is evenly distributed throughout the classroom. The company’s newest product line, Activate, promotes a collaborative, student-led learning environment. Activate features two-way interactive pods that provide direct insight into conversations happening in small groups and double as handheld microphones. The Activate App captures video, and allows users to push the content to a cloud-based video storage platform used for collaboration and growth within individual learning communities. The app is ideal for professional development, strategy-sharing, or showing evidence of student achievement.

Twitter: @lightspeedtek

Email: Carolyn.hollowell@lightspeed-tek.com

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