Sramana Mitra: It’s not there. We hear from entrepreneurs from all of those places because we operate with a global footprint. In some ways, India is doing better. Latin America is behind because Latin America hasn’t had the technology outsourcing industry which is where the Indian technology product industry is coming from. That’s where they developed their skills.
Latin America hasn’t had that industry. Now there’s near-shoring. Technology talent is getting groomed in Latin America but it’s a very different market than the heavily technology savvy Indian market. Europe is also not a heavily technology savvy market. It doesn’t have the level of technology-trained
Sramana Mitra: What are the trends in your space that are worth discussing?
David Lord: The primary trend that is happening is this integrated classroom. We also have the Google Classroom. There’s this unified front where everything is tied together so that the solutions are delivered to classrooms in an easier way. They also apply to more students because they’re not as rigid. Integrated classrooms, adaptive learning, lower cost of entry are real big trends right now.
We’ve got a lot of assessment software out there. The trends that we’re seeing is a move to open resources. People are trying to >>>
Today’s 387th FREE online 1Mby1M roundtable for entrepreneurs is starting NOW, on Thursday, February 22, at 8:00 a.m. PST/11:00 a.m. EST/9:30 p.m. India IST. Click here to join. All are welcome!
Today’s 387th FREE online 1Mby1M roundtable for entrepreneurs is starting in 30 minutes, on Thursday, February 22, at 8:00 a.m. PST/11:00 a.m. EST/9:30 p.m. India IST. Click here to join. All are welcome!
According to a MarketsandMarkets report, the global sales performance management market that includes software and services is projected to grow 18% annually to $5.6 billion by the year 2020. North America is the biggest market in terms of market size, but APAC and Europe are expected to drive the biggest growth in the coming years.
Sramana Mitra: I actually don’t think it’s a problem. You’ve built a reasonable, profitable company that you own yourself with a small group of team members. You’re at $5 million in revenue. I don’t see why you apologize for it.
Janine Yancey: I guess the reason why is, I look back and I cringe at what I didn’t know.
Sramana Mitra: That’s normal.
Janine Yancey: You’re right. At this point in my journey, I have so much more clarity as you would expect. I guess there >>>
Sramana Mitra: What is your perspective of these global companies being started in various different places? India is just one of them. We are seeing companies coming out of Europe and Asia. There is a tendency or practice of them moving headquarters to Silicon Valley or somewhere in the US. What is your feeling about that? Is that something you require your companies to do? What’s your analysis?
Naren Gupta: The last few years, that has worked out well for companies. My belief in the long term is, that is going to be completely unnecessary. I think your headquarters will be in the cloud. Physical headquarters are going to become a thing of the past. Why do we move the headquarters to Silicon Valley? >>>
Sramana Mitra: What results do you have?
David Lord: We’re in 50 to 60 schools already. We’ve got 500 classrooms. We’ve got our first efficacy report that has been peer-reviewed. We’re seeing great results – about 18% improvement in scores in standardized tests using our Jumpstart Academy math product. We’re starting with that and we’ll build the rest of the suite. On the school side, we’ll not only offer grade-based products, but we also offer single subject stack.
There will be a STEM stack with a math product. There’s computational thinking. There will be reading. You can also >>>