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betterU $BTRU.ca signs Positive Venture Group into their SaaS Enterprise Ready-To-Go skills platform $ARCL $CPLA $BPI $FC.ca

Posted by AGORACOM-JC at 8:08 AM on Tuesday, April 14th, 2020

PVG to promote betterU’s solution to their 75+ Corporate clients

  • Announced that Positive Venture Group an Ottawa based outsource finance firm has entered into the Company’s newly launched Software as a Service program
  • PVG, one of betterU’s early beta clients, has been testing Ready-To-Go’s system and working with betterU to customize assessments for the accounting and finance sector

OTTAWA, April 14, 2020 — betterU Education Corp. (TSX VENTURE: BTRU, Frankfurt: 5OGA) (the “Company” or “betterU“) is pleased to announce that Positive Venture Group (“PVG”) an Ottawa based outsource finance firm has entered into the Company’s newly launched Software as a Service (“SaaS” or “Ready-To-Go”) program. PVG, one of betterU’s early beta clients, has been testing Ready-To-Go’s system and working with betterU to customize assessments for the accounting and finance sector.

This partnership has also now enabled betterU to assist PVG’s employees in managing COVID-19 pandemic pressures and over the months to come, betterU will be working to support effective skills development programs. betterU has already onboarded over 50 of PVG’s employees into Ready-To-Go and is working to support PVG for what they need today.

“It is important that all our clients know we are there to support them when they need it. Building a good partnership starts with understanding the challenges and working together to overcome them. COVID-19 has impacted all working families, employers and their clients, so we need to be supportive and willing to provide solutions to address the realities of the situation,” said Brad Loiselle, President / CEO betterU.

betterU has worked closely with Kaitlyn Buse, PVG’s Human Resource Manager to understand the structure, content and assessments that need to be in place to support the accounting and outsourced finance industry. betterU and PVG have since assembled multiple assessments for General Accounting, Accounts payable and receivable which received high reviews from PVG’s team. PVG is also now promoting betterU to their 75+ Corporate clients.

“Staying up-to date and keeping our employees informed is a priority for us at Positive. The biggest challenge was the over-communication in the news and online throughout the crisis. It takes time and effort to consolidate accurate information from reputable sources. Working with betterU changed that and while working on their SaaS program, the COVID-19 toolkit provided an all-in-one place that our employees can go to get up-to date information about the pandemic, including news updates, Health Canada information, and federal and provincial guidelines. My team was spending hours putting together information and guidelines on our new way of life – from how to be effective working from home to manage stress and anxiety during a pandemic. betterU’s app was already loaded with all of these tools, and more. I instantly had hours of my time back to focus on moving the business forward, while trusting that my employees were supported in every way possible.

The betterU team did everything – with almost no effort from us. They signed up our employees and provided the communication templates announcing the tool to our staff along with sign-up instructions. From there, when employees log in for the first time, they get an automatic tutorial that shows them how to use the application. betterU was able to get our employees up and running on the platform in just a few hours. We are looking forward to working closely with betterU in the weeks and months to come,” said Kaitlyn Buse, Positive Venture Group’s HR Manager.

Ready-To-Go, launched early 2020 and was developed to support corporate needs for delivering and managing effective skills development. The base program includes an assessment of an employee’s current skills, with up to 4 learning paths per month per employee, broken into microlearning programs to support and reinforce on-demand learning. Each month the employee is reassessed to determine their improvements in their skills gap and their learning path is adjusted accordingly. In addition, employers can use Ready-To-Go to support orientation programs, onboarding, policy and procedure updates and more customized solutions to meet their unique needs and challenges. “Our team has been working closely with our global education partners to build a solution that focuses on employee’s skills development rather than simply selling courses. With Ready-To-Go we are focused on providing only what an employee needs to support their corporate requirements. This approach creates better results, while saving money and time,” said Brad Loiselle, President, CEO betterU.

About betterU Education Corp.

betterU is an education-to-employment technology company offering an end-to-end solution leveraging business intelligence to automate skilling, reskilling and upskilling for companies operating on domestic and global scales. If you are looking for support in regards to COVID-19, please visit https://readytogo.betteru.ca/ to download your free COVID-19 Resource Toolkit.

betterU has integrated into its platform the content, technology and support for tailored skills assessments, learning pathways and training modules from 100+ of the world’s leading online education providers. betterU’s eco-system includes detailed job, skill, employer, and educational profiles spanning 3,000+ standardized jobs. betterU’s integrated platform is the most efficient solution to address evolving skilling challenges for employers and employees through the employment lifecycle from entry level to executive. We don’t sell content, we help build better people.

About Positive Venture Group

Positive Venture Group is Canada’s market leader in providing complete outsourced finance services, virtual CFO services and executive consulting solutions. Since birth, we’ve been 100% focused on helping startups, high growth ventures, and established companies meet their financial obligations, while also preparing them to raise capital.

We thrive on the energy of the growth stage company culture, and are always looking for opportunities to work with emerging companies on a customized, on-demand basis.

For more information, please visit https://corporate.betteru.ca/corporate-gov/

For more information about betterU’s Enterprise SaaS Program please visit https://readytogo.betteru.ca/

Contact:

Brad Loiselle, CEO
1-613-695-4100

betterU Education Corp.
Investor Relations
Email: [email protected]

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Eyecarrot $EYC.ca Ships Over 400 Binovi Touch Units to the Market

Posted by AGORACOM-JC at 6:55 AM on Tuesday, April 14th, 2020
Eyecarrot | LinkedIn
  • Shipped over 400 Binovi Touch units into the marketplace. With over 1500 practices in 20 countries using the Company’s products (Wayne Saccadic Fixator & Binovi Touch),
  • The Company continues to grow its base of monthly recurring revenue through the development of strategic alliances with neurovision training facilities, including world class sports teams, athletic training organizations, vision training clinics, and concussion recovery centers

Toronto, ON, Canada – Tuesday April 14th, 2020 Eyecarrot Innovations Corp., (Eyecarrot) (TSXV:EYC) | (OTC:EYCCF) is pleased to announce that it has shipped over 400 Binovi Touch units into the marketplace. With over 1500 practices in 20 countries using the Company’s products (Wayne Saccadic Fixator & Binovi Touch), the Company continues to grow its base of monthly recurring revenue through the development of strategic alliances with neurovision training facilities, including world class sports teams, athletic training organizations, vision training clinics, and concussion recovery centers. It is the company’s goal to exit 2020 with an installed base of 2500 Binovi Touch Units.

To meet this objective, the company has been actively pursuing strategic alliances with sports training organizations to gain further market exposure, with more to come in the near. These alliances will expose the Company to tens of thousands of athletes globally. Sports teams and high performance athletic training organizations are realizing the benefit of neurovision training to augment their physical training regimen. With the current COVID-19 pandemic and the isolation measures being taken to minimize exposure to coronavirus, athletes are looking to hone their skill set, including the gained performance advantages of neurovision training. This has led to a heightened level of interest in the Binovi Touch Platform. The company is not constrained by distribution problems due to COVID-19 and does not anticipate delivery problems of the product.

“Working with our suppliers, we have streamlined our manufacturing process to improve the reliability and performance of Binovi Touch. This latest generation of devices has brighter and more consistent light, improving stimulus recognition when combining multiple devices together for a larger field of view. This continuous innovation is a core tenet of everything we do at Eyecarrot,” commented Sam Mithani, CTO.

This achievement marks another major milestone in the continued evolution of the Company’s product fulfillment and distribution goals.

“As we seek to strengthen our global footprint, continuous innovation and timely order fulfillment represents a key milestone in our overall growth,” said Adam Cegielski, Eyecarrot Founder + CEO. “Product demand within sustainable markets outside of Canada demonstrates our commitment to deliver world-class human performance products across all of the markets we serve.”

For additional information, please visit our info page on the Binovi Platform and or https://www.binovitouch.com/.

About Eyecarrot Innovations Corp

Eyecarrot is a human performance technology company that has developed Binovi , a hardware and software-centered platform. Binovi combines hardware, software, specialized expert knowledge, and unique big data insights in order to deliver customized one-on-one training and treatment. Binovi is designed for vision optimization and the enhancement of cognitive skills related to human performance. We are working together under a common banner to help neuro-optometry, vision rehabilitation, and vision performance professionals gain measurable results in less time, and with less effort.

Adam Cegielski

Founder | CEO

Sam Mithani PhD

Chief Technology Officer

Investor Relations

Email: [email protected]

Toll-free: 1 (844) 866-6162

https://www.eyecarrot.com/investors/

Forward looking information:

Certain statements contained in this news release constitute “forward-looking information” as such term is used in applicable Canadian securities laws. Forward-looking information is based on plans, expectations and estimates of management at the date the information is provided and is subject to certain factors and assumptions, including, that the Company’s financial condition and development plans do not change as a result of unforeseen events and that the Company obtains regulatory approval. Forward-looking information is subject to a variety of risks and uncertainties and other factors that could cause plans, estimates and actual results to vary materially from those projected in such forward-looking information. Factors that could cause the forward-looking information in this news release to change or to be inaccurate include, but are not limited to, the risk that any of the assumptions referred to prove not to be valid or reliable, that occurrences such as those referred to above are realized and result in delays, or cessation in planned work, that the Company’s financial condition and development plans change, and delays in regulatory approval, as well as the other risks and uncertainties applicable to the Company as set forth in the Company’s continuous disclosure filings filed under the Company’s profile at www.sedar.com . The Company undertakes no obligation to update these forward-looking statements, other than as required by applicable law. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Embracing #Edtech in a post-lockdown world SPONSOR: BetterU Education Corp. $BTRU.ca $ARCL $CPLA $BPI $FC.ca

Posted by AGORACOM-JC at 11:22 AM on Monday, April 13th, 2020

SPONSOR:  BetterU Education Corp. aims to provide access to quality education from around the world. The company plans to bridge the prevailing gap in the education and job industry and enhance the lives of its prospective learners by developing an integrated ecosystem. betterU / Ottolearn launch FREE COVID-19 mobile resource toolkit to fight the global crisis – Click here for more information.

Embracing EdTech in a post-lockdown world

  • More than a billion children are currently out of school with no return date.
  • As we enter another month with educational institutions around the world in lockdown, it has become clear that the Covid-19 outbreak has the potential to forever change not just how we learn, but how we think about learning.

By Geoffrey Alphonso

While the world’s schools, colleges and universities may be closed, education must go on. This is a challenge unlike any we have faced before, but it is also an opportunity to harness the human capacity for learning and to further develop our tools.

In this environment, online systems, data-driven structures, and artificially intelligent algorithms offer critical resources for students, teachers and even parents. But realising the full value of these resources requires re-thinking how our education systems interact with technology, forging a new path and incorporating technology into every aspect of learning.

For several years now education has been one of the fastest growing sectors in technology.  According to HolonIQ, a global education intelligence firm, the ‘Edtech’ field is projected to be worth $341 billion by 2025.

This is unsurprising given its obvious potential, not just today, but for the cities of tomorrow, which will need to be agile enough to embrace change and disruption. Those that thrive will be the ones already investing in the wider strategic infrastructure that supports online learning.

Communities around the world have been wrangling with the demands of continued support for education through the Covid-19 lockdown. When Abu Dhabi closed schools on March 9th, the emirate immediately activated an “at home” model, with all of its school children continuing to learn through online platforms.

In a time of social distancing, that means that not only can students continue to learn, they can also continue to engage with their peers and their teachers. And during these trying times, it is clearer than ever just how important these relationships remain for our mental and emotional health.

That shouldn’t be regarded as a replacement for the social warmth of physical classrooms and human interaction, but it is a viable way to foster and maintain connections when the alternatives are not available.

In some areas, we shouldn’t be afraid of also considering how to retain some of these technologies in a post-Covid-19 world. Learning online means students can progress at their own pace, with personalised systems that puts each student at the centre of every class. Instant and ongoing assessments also provide teachers with feedback on individual progress, giving them a chance to adjust, correct and spend additional time on material through one-on-one instruction.

Videos, games and interactivity can also keep the lessons flowing, harnessing an approach known as the “gamification of learning”. This motivates them to learn, practice, and ultimately achieve full mastery of the material. The most successful platforms also allow for streamlined and consistent delivery of lessons, relieving teachers and parents of the time needed to build resources from scratch. This frees them up to focus on the actual delivery of the lessons, maximising their direct engagement with students.

It can be more than just continuing to teach, it can be a qualitative shift in our education systems if we grasp the nettle.

This is not to say that embracing Edtech is without challenge. For example, schools need to be scaled up with the necessary IT infrastructure and hardware, while external systems themselves have to be able to handle the processing demands of home access.

Similarly, the tools we use also have to be based on sound learning principles and properly aligned with national curricula, with the most important stakeholders in mind: the teachers and students. From a design perspective, teachers and students will bring endless varied challenges and Edtech systems must be designed with this diversity in mind, especially for those students with special educational needs.

Lastly, we should not be so arrogant as to assume that teachers and parents can simply be “dropped” into Edtech systems. Software designers may always be confident that their tools are eminently intuitive for all users, but the reality is that scaling up online technologies also means ensuring we provide support in the form of the training required for our students and children, helping them to get the maximum value from these technologies.

These things are not easy. They take time, they take investment and they require a government that is committed to deploying innovative systems in an environment that doesn’t always rapidly embrace change. Abu Dhabi invested heavily over the years, directly and indirectly, to support companies that deliver these programmes as well as a stable infrastructure to support them, giving the emirate and its students flexibility and a way forward.

Ultimately, the most effective providers will be those who keep users at the heart of their endeavours, offering a holistic learning experience which ensures that no student misses a beat, whether inside the classroom or out.

And the education systems that are best placed to thrive in a post-Covid-19 world will be those who retain the technologies and tools that have been tested so fiercely during this outbreak.

Source: https://www.techradar.com/news/embracing-edtech-in-a-post-lockdown-world

AGORACOM Companies Making Big News Over Last 10 Days Despite COVID-19 $CBDT.ca $BTRU.ca $HOLL.ca $NAM.ca $MOTA.ca $PRMO.ca $DM.ca $PYR.ca

Posted by AGORACOM-JC at 8:00 PM on Sunday, April 12th, 2020

Dear AGORACOM Members, we hope this message finds your families well.  We also want to wish Happy Easter and Happy Passover to those that are celebrating.

During this turbulent time, our job now more than ever is to bring you the small cap companies that are actually thriving in order to help you discover your next great company.  Thanks to our focus on quality over quantity, AGORACOM clients have been operating exceedingly well and we are very happy to provide you with the following highlights over the last 10 days (in reverse chronological order):

* Empower Clinics (CBDT:CSE) Up 55% On 4.5M Shares Traded – Clinic Patient Visits Up 478% In Q1 (NEWS + VIDEO)

* BetterU Education (BTRU:TSXV) UP 37% On 1M Shares Traded – Closes Deal With USA Paramount For Enterprise Skills Development (NEWS + VIDEO)

* Hollister Biosciences (HOLL:CSE) Up 60% on 4M Shares – Acquisition Adds $16.4M Rev / $2.5M EBITDA (NEWS + VIDEO)

* New Age Metals (NAM:TSXV) 2.9M Ounces Of Palladium Equivalent Is Why Eric Sprott Owns 18.5% (VIDEO)

* Mota Ventures (MOTA:CSE) Acquires Over 20,000 Customers in March, Launches New Immune Support Product Line (NEWS + VIDEO)

* Primo Nutraceuticals (PRMO:CSE) Up 100% On 2.6M Shares – Signs Acquisition LOI with Celebrity brand Beauty Kitchen (NEWS)

* Datametrex A.I. (DM:TSXV) Hired By US Government Agencies On COVID-19 / Coronavirus Fake News and Disinformation (NEWS + VIDEO)

* PyroGenesis (PYR:TSXV) Receives $550K Under an Exclusive Agreement with a US Tunneling Company (NEWS)

We know that most of you have seen most of these headlines on our front page – but make sure to never miss a timely piece of news by also adding us into your social media streams on Twitter and Facebook.

Finally, look for some big news and changes coming to AGORACOM in the next 60 days.  We are going to be bigger and better than ever!

Stay Home. Stay Safe. Keep Our Heroes Healthy.

Regards,

George et al.

Indian #Edtech’s Demonetisation Moment? Online Learning Takes Off Under Quarantine – SPONSOR: BetterU Education Corp. $BTRU.ca $ARCL $CPLA $BPI $FC.ca

Posted by AGORACOM-JC at 5:23 PM on Thursday, April 9th, 2020

SPONSOR:  BetterU Education Corp. aims to provide access to quality education from around the world. The company plans to bridge the prevailing gap in the education and job industry and enhance the lives of its prospective learners by developing an integrated ecosystem. betterU / Ottolearn launch FREE COVID-19 mobile resource toolkit to fight the global crisis – Click here for more information.

Indian Edtech’s Demonetisation Moment? Online Learning Takes Off Under Quarantine

  • Over 91% of the world’s student population is out of school currently
  • This has led to a surge of users on online learning platforms
  • Startups are looking to convert this temporary surge into a permanent customer base
  • As per The Future Of India’s $2 Bn Edtech Opportunity Report 2020 by DataLabs by Inc42, the Indian online education market is expected to become a $1.96 Mn opportunity

By: Kritti Bhalla

Indian education system might be one of the oldest in the world, but it is definitely not the most technologically advanced in the world. But this coronavirus outbreak has brought out a different side of learning and school education with the proliferation of edtech products and services. From local schools to colleges and universities, everyone is gunning for the new reality — online learning.

With almost 91% of the world’s student population out of school for the foreseeable future, many have said it’s time to take traditional education to another technologically advanced level. After all, for how long will the education of the students get affected by lockdowns, war, natural disasters and other such situations?

Mrinal Mohit, chief operating officer at BYJU’s, believes that learning from home has gained utmost importance more than ever before due to temporary school closure. “Students need a holistic and reliable solution that helps them continue learning from the comfort of their homes.”

Following China’s footsteps, Indian edtech startups and educational institutions have also emerged as leaders in ensuring that digital learning becomes a viable option for more students regardless of their capacity to afford online learning. In fact, edtech has ensured that education is one of the last things to get impacted by the pandemic. Whether it’s schools going online, or online classes going free, every stakeholder is doing their bit to keep the cycle of education running.

For Indian edtech startups, this means a sudden influx of online users, engagements and startups. It’s similar to what played out in the Indian market soon after demonetisation in 2016, when digital payments and the cashless economy got a major boost. Can India’s edtech startups capitalise on this momentary surge?

As per The Future Of India’s $2 Bn Edtech Opportunity Report 2020 by DataLabs by Inc42, the Indian online education market is expected to become a $1.96 Mn opportunity, rising from $247 Mn in 2017. In the financial year 2018, the gross merchandise value (GMV) of edtech startups was above $120 Mn, a surge of 48% compared to FY17.

The Numbers Behind Edtech Growth

BYJU’s, which is one of the most valued edtech startups in the world, has noted a 150% surge with 6 Mn new students on the platform in March 2020. The company has noted the hike in both metro and non-metro regions.

Meanwhile, other edtech platforms have also been noting increase, especially after school started shutting down as a precautionary measure to tackle the coronavirus pandemic. Prime Minister Narendra Modi’s announcement for a 21-day-lockdown led to another spike in the users opting for online learning platforms.

For instance, upGrad claimed that it started noting an exponential growth in usage from February 24 to March 2, with almost 34% hike compared to the previous week. Then, in the first week of March, the company’s traction went up by 75%. Moreover, the enquiries on the platform have also increased by 50% from 2,500 to 3,800 per day.

Doubtnut, which is a video-based Q&A platform, has also noted a 76% in engagement time and 72% in the questions asked and 75% between March 20 to April 5th. The company also elaborated that it has noted a 107% increase in Beetia, 52% in Muzaffarpur, 70% in Allahabad, 29% in Hyderabad and 34% in Vizag and 187% in Vijayawada.

Meanwhile, test prep startup Testbook has noted seven lakh transactions in the last 10 days and over 150x free users in the same time period. Simplilearn has also highlighted that it has witnessed a 20% increase in terms of volume and a 100% hike in usage. Whereas, Gradeup has noted an increase of 25% to 45% users, with JEE and NEET courses gaining high tractions. LidoLearning has also witnessed a 25% hike.

Khan Academy, on the other hand, 130% year-on-year (YoY) surge between March 29 to April 5. In the same time period, the company has also noted a 1000% YoY increase in parents, 700% YoY increase in teachers and 450% YoY increase in students.

Monthly learning time on the platform in March increased by 50% YoY.  The company also noted that until last year, March was the month where the company would face a drop in usage due to term-end exams, boards and schools preparing for summer holidays.

Meanwhile, Vedantu highlighted that it adds over 50K paid users on its platform annually. However, the company has added 100K new users in just 10 days. Besides this, Vedantu is also noting a 42% user stickiness on the platform, compared to 54% of paid users.

The company also noted that there has been a high session attendance of 70% from the free users. Overall, the company has seen a surge of 52x in the number of users signing up till date, while it has noted a 10x growth since March 12.

The Bengaluru-based online tutoring startup has raised INR 96 Cr ($12.5 Mn) in an extended Series C funding round led by global investment firm Legend Capital. Vedantu’s existing investors Omidyar Ohana Holdings LLC also participated in the round.

Online open course platform Coursera, on the other hand, has noted a 325% YoY hike in new registration, 284% YoY in overall enrollment and 1747% hike in public health content in the last 30 days till April 3. Overall, the company has over 53 Mn registered learners worldwide, 2100 enterprise partnership and 4,100 active courses. In India, Coursera has 5.9 Mn registered learners.

K-12 learning startup Toppr has also noted a 100% growth in free user engagement in the last month. Meanwhile, growth in time spent on Toppr by students of senior classes (10-12) is double that of junior classes (6-9).

Read More: https://inc42.com/buzz/indian-edtechs-demonetisation-moment-online-learning-takes-off-under-quarantine/

#Edtech startup closes $7.5m series B round led by Ant Financial-backed BAce – SPONSOR: BetterU Education Corp. $BTRU.ca $ARCL $CPLA $BPI $FC.ca

Posted by AGORACOM-JC at 4:40 PM on Wednesday, April 8th, 2020

SPONSOR:  BetterU Education Corp. aims to provide access to quality education from around the world. The company plans to bridge the prevailing gap in the education and job industry and enhance the lives of its prospective learners by developing an integrated ecosystem. betterU / Ottolearn launch FREE COVID-19 mobile resource toolkit to fight the global crisis – Click here for more information.

Edtech startup closes $7.5m series B round led by Ant Financial-backed BAce

Miguel Cordon

  • Following a string of investments in Indian education startups this year, local edtech firm Lido Learning has announced the close of its series B round at US$7.5 million
  • The round pushes its total capital raised to US$10.5 million.

The capital injection was led by Ant Financial-backed BAce Capital, while new investors including Picus Capital and Paytm president Madhur Deora, along with several existing investors in Lido, also participated in the round.

Photo credit: primagefactory / 123RF

Launched in April 2019, Lido aims to provide a one-size-fits-all solution to education in India through interactive online tutorials. Every session has a maximum of six students to ensure that each child receives attention and personalized feedback.

Students are also given customized homework, remedial help, and challenges based on class performance. AD. Remove this ad space by subscribing. Support independent journalism.

With the new funds, Lido aims to extend its reach into the less populated towns in India and expand into more curriculum-focused subjects. Right now, its online coaching sessions are focused on math and science for Class 5 to Class 9 students – typically children who are 10 to 15 years old – across all major cities.

According to Lido’s founder and CEO Sahil Sheth, online tutorials are set to take off in India, owing to the country’s high-speed internet penetration. “And as more students and parents experiment with online learning in the current pandemic, the customer mindset is ready,” he added.

Lido is BAce Capital’s first edtech investment in India, and the move is part of the latter’s strategy to invest in early-stage companies in emerging economies, focusing on India and Southeast Asia.

Several other edtech companies have raised funds this year.

In January, Bengaluru-based InterviewBit secured US$20 million in a series A raise led by Sequoia India and Tiger Global. In contrast to Lido, InterviewBit offers computer science courses aimed at creating job-ready professionals. AD. Remove this ad space by subscribing. Support independent journalism.

WizKlub, another startup from Bengaluru, also raised nearly US$1 million in seed funding this year and looks to further enhance its AI-based product and expand to other markets.

More recently, Vedantu in February secured US$24 million in an extended series C round led by GGV Capital, pushing its total funding to US$85 million to date.

Source: https://www.techinasia.com/lido-closes-7m-bace

betterU $BTRU.ca closes deal with USA Paramount Staffing for their newly launched Ready-To-Go SaaS Enterprise skills development $ARCL $CPLA $BPI $FC.ca

Posted by AGORACOM-JC at 9:14 AM on Wednesday, April 8th, 2020
  • Entered into an annual Software as a Service Enterprise agreement with one of the largest staffing firms in the USA, Paramount Staffing
  • Paramount, is a $200+ Million USD Staffing Firm, with over 300 employees across the USA and Canada
  • betterU, supported by many of their global education and assessment partners has been able to curate and integrate a Ready-To-Go content library across top subjects so that HR managers could provide simple access to their entire organization

OTTAWA, April 08, 2020 – betterU Education Corp. (TSX VENTURE: BTRU, Frankfurt: 5OGA) (the “Company” or “betterU“) is pleased to announce that it has entered into an annual Software as a Service (“SaaS” or “Ready-To-Go”) Enterprise agreement with one of the largest staffing firms in the USA, Paramount Staffing (“Paramount”).

Earlier this year, betterU’s CEO Brad Loiselle met in Chicago with Paramount’s VP of Sales Anthony Hegarty and President Matthew Schubert to demo the Company’s SaaS Enterprise Ready-To-Go platform. Paramount, is a $200+ Million USD Staffing Firm, with over 300 employees across the USA and Canada and, like many organizations, were in search of learning and development resources and skills development tools that was cost effective, agile, mobile and scalable to help support their employees’ learning on the go. Many company’s Learning and Development managers often do not have the ability or bandwidth to bring together the content required to support all their departments and teams. betterU, supported by many of their global education and assessment partners has been able to curate and integrate a Ready-To-Go content library across top subjects so that HR managers could provide simple access to their entire organization.

“With betterU’s Ready-To-Go platform offering so much value-add for a very appealing monthly subscription cost per employee, it was a no brainer for us to work together as we train and develop our rapidly growing sales teams. Brad and his team have been incredible with their development work, turnaround time and innovative thinking on how to support us during these unprecedented times. We are excited about the many great things we will do together over the coming years,” said Tony Hegarty, Vice President Paramount Staffing.

Ready-To-Go, launched early 2020 and was developed to support corporate needs -in delivering and managing effective skills development. The base program, for only $19.95 per employee per month includes an assessment of an employee’s current skills and up to 4 learning paths per month per employee, broken into microlearning programs to support and reinforce on-demand learning. Each month the employee is reassessed to determine their improvements in their skills gap and their learning path is adjusted accordingly. In addition, employers can use Ready-To-Go to support orientation programs, onboarding, policy and procedure updates and more customized solutions to meet their unique needs and challenges.

“Our team has been working closely with our global education partners to build a solution that focuses on employee’s skills development rather then simply selling courses. With Ready-To-Go we are focused on providing only what an employee needs to support their corporate requirements. This approach creates better results, while saving money and time,” said Brad Loiselle, President, CEO betterU.

About betterU Education Corp.

betterU is an education-to-employment technology company offering an end-to-end solution leveraging business intelligence to automate skilling, reskilling and upskilling for companies operating on domestic and global scales. If you are looking for support in regards to COVID-19, please visit https://readytogo.betteru.ca/ to download your free COVID-19 Resource Toolkit.

betterU has integrated into its platform the content, technology and support for tailored skills assessments, learning pathways and training modules from 100+ of the world’s leading online education providers. betterU’s eco-system includes detailed job, skill, employer, and educational profiles spanning 3,000+ standardized jobs. betterU’s integrated platform is the most efficient solution to address evolving skilling challenges for employers and employees through the employment lifecycle from entry level to executive. We don’t sell content, we help build better people. 

About Paramount Staffing

Paramount Staffing has created a strong reputation providing industrial staffing services for a wide variety of businesses. Their success is their ability to incorporate top performancing teams at their locations with a focus on the industrial sector of the market.

Paramount Staffing believes in working closely with clients, learning their long-term vision and long-term strategies. These strategic relationships allow Paramount Staffing to take full responsibility for both short and long-term staffing needs. The company’s complete focus on the industrial client makes them different from other companies who do not specialize. This focus allows Paramount Staffing to have dedicated team members who are trained, knowledgeable, and fully prepared to assist you in your recruiting needs.

For more information, please visit https://corporate.betteru.ca/corporate-gov/

For more information about betterU’s Enterprise SaaS Program please visit https://readytogo.betteru.ca/

Contact:

Brad Loiselle, CEO
1-613-695-4100

betterU Education Corp.
Investor Relations
Email: [email protected]

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#COVID19 propels growth of #Edtech, #upGrad, #BYJU”s see strong rise in learner base – SPONSOR: BetterU Education Corp. $BTRU.ca $ARCL $CPLA $BPI $FC.ca

Posted by AGORACOM-JC at 9:00 PM on Tuesday, April 7th, 2020

SPONSOR:  BetterU Education Corp. aims to provide access to quality education from around the world. The company plans to bridge the prevailing gap in the education and job industry and enhance the lives of its prospective learners by developing an integrated ecosystem. betterU / Ottolearn launch FREE COVID-19 mobile resource toolkit to fight the global crisis – Click here for more information.

COVID-19 propels growth of ed-tech, upGrad, BYJU”s see strong rise in learner base

  • Ongoing economic slowdown has made working professionals somewhat skeptical of the job environment in 2020, and they are therefore looking at upgrading their skills and staying ahead in the professional spheres
  • BYJU”S, which is backed by investors like Tiger Global, has witnessed a 150 per cent increase in the number of new students, with over six million new students joining the app in the month of March

New Delhi, Apr 7 (PTI) COVID-19 has spelt disaster for many sectors but one segment witnessing strong growth is ed-tech that has seen individuals – both school students and professionals – taking up online courses to study and enhance their skills amid the ongoing lockdown.

BYJU”S, which is backed by investors like Tiger Global, has witnessed a 150 per cent increase in the number of new students, with over six million new students joining the app in the month of March.

The company has recently introduced free ”Live Classes” on its platform to support students in their learning journeys.

Similarly, upGrad – which offers online programmes for working professionals – has on boarded 4,000 learners in March, and now aims to double this to 8,000 in April.

The ongoing economic slowdown has made working professionals somewhat skeptical of the job environment in 2020, and they are therefore looking at upgrading their skills and staying ahead in the professional spheres.

Swathi Karanth, a learner from Bengaluru who enrolled on upGrad, said his concern when the lockdown was announced was whether he will have a job in the next three months.

“I was told most companies would really tighten their belt over the next six months and only the better performers will survive,” he added.

The government, on March 24, had announced a complete lockdown in the country for 21 days to contain the spread of the coronavirus infection.

While schools are shut, many of them have started conducting online sessions to ensure students do not get impacted.

Similarly, many professionals have been asked to work from home to ensure business continuity. This also presents a growth opportunity for ed-tech platforms that can offer short-term courses to these professionals to help them enhance their skills.

According to Debjani Ghosh, president of Nasscom, coronavirus has thrown up “exceptional challenges” across the world and industries.

“While we continue to fight these challenges as a nation, amidst lockdown and remote working scenarios, it is extremely important that we continue harnessing our skill sets on emerging technologies to become future ready…we would encourage all stakeholders to use this opportunity of working from home to upskill themselves in the skills of the future,” she added.

The industry body has partnered Electronics and IT Ministry to launch an on-demand courseware on artificial intelligence.

Similarly, TCS iON, a strategic unit of India”s largest IT services firm Tata Consultancy Services, has announced a free, 15-day self-paced digital certification programme that has been specially designed for college students/working professionals to enhance their career skills by helping them effectively utilise the time at hand during this period of lockdown. PTI SR SHW SHW

Source: https://www.outlookindia.com/newsscroll/covid19-propels-growth-of-edtech-upgrad-byjus-see-strong-rise-in-learner-base/1794764

Microsoft $MSFT claims its #AI framework spots fake news better than state-of-the-art baselines – SPONSOR: Datametrex AI Limited $DM.ca

Posted by AGORACOM-JC at 5:09 PM on Tuesday, April 7th, 2020

SPONSOR: Datametrex AI Limited (TSX-V: DM) A revenue generating small cap A.I. company that NATO and Canadian Defence are using to fight fake news & social media threats. The company is working with US Government agencies on Covid19 and Coronavirus fake news and disinformation Click here for more info.

Microsoft claims its AI framework spots fake news better than state-of-the-art baselines

  • If the system’s accuracy is as claimed and it makes its way into production, it could help combat the spread of false and misleading information about U.S. presidential candidates and other controversial topics
  • A survey conducted in 2018 by the Brookings Institute found that 57% of U.S. adults saw fake news during the 2018 elections and that 19% believe it influenced their vote

Kyle Wiggers

In a study published this week on the preprint server Arxiv.org, Microsoft and Arizona State University researchers propose an AI framework — Multiple sources of Weak Social Supervision (MWSS) — that leverages engagement and social media signals to detect fake news. They say that after training and testing the model on a real-world data set, it outperforms a number of state-of-the-art baselines for early fake news detection.

If the system’s accuracy is as claimed and it makes its way into production, it could help combat the spread of false and misleading information about U.S. presidential candidates and other controversial topics. A survey conducted in 2018 by the Brookings Institute found that 57% of U.S. adults saw fake news during the 2018 elections and that 19% believe it influenced their vote.

Many fake news classifiers in the academic literature rely on signals that require a long time to aggregate, making them unsuitable for early detection, the paper’s coauthors explain. Moreover, some rely solely on signals that are easily influenced by biased or inauthentic user feedback.

In contrast, the researchers’ system employs supervision from multiple sources involving users and their respective social engagements. Specifically, it taps a small amount of manually annotated data and a large amount of weakly annotated data — i.e., data with a lot of noise — for joint training in a meta-learning AI framework.

A module dubbed label weighting network (LWN) models the weight of the weak labels that regulate the learning process of the fake news classifier, taking what the researchers refer to as an instance — for example, a news piece — and its label as input. It outputs a value representing the importance weight for the pair, which determines the influence of the instance in training the fake news classifier. To allow information sharing among different weak signals, a shared feature extractor works alongside the LWN to learn a common representation and to use functions to map features to different weak label sources.

Above: Graphs comparing the performance of Microsoft’s AI with various baseline models.

The Microsoft researchers tapped the open source FakeNewsNet data set to benchmark their system, which contains news content (including meta attributes like body text) with labels annotated by experts from the fact-checking websites GossipCop and PolitiFact, along with social context information such as tweets about news articles. They enhanced it with a corpus of 13 sources, including mainstream British news outlets, such as the BBC and Sky News, and English-language versions of Russian news outlets like RT and Sputnik, with content mostly related to politics.

To generate weak labels, the researchers measured the sentiment scores for users sharing pieces of news and then determined the variance between those scores, such that articles for which the sentiments widely varied were labeled as fake. They also produced sets of people with known public biases and calculated scores based on how closely a user’s interests matched with those sets, operating on the theory that news shared by biased users was more likely to be fake. Lastly, they measured credibility by clustering users based on their meta-information on social media so that users who formed big clusters (which might indicate a bot network or malicious campaign) were considered less credible.

In tests, the researchers say the best-performing model, which incorporated Facebook’s RoBERTA natural language processing algorithm and trained on a combination of clean and weak data, accurately detected fake news in GossipCop and PolitiFact 80% and 82% of the time, respectively. That’s upwards of 7 percentage points better than the baseline models.

The team plans to explore other techniques in future work, like label correction methods for obtaining high-quality weak labels. They also hope to extend their framework to consider other types of weak supervision signals from social networks, leveraging the timestamps of engagements.

These researchers aren’t the only ones attempting to combat the spread of fake news with AI, of course. In a recent study, MIT’s Computer Science and Artificial Intelligence Laboratory developed an AI system to spot misleading news articles. Jigsaw late last year released Assembler, an AI-powered suite of fake news-spotting tools for media organizations. AdVerif.ai, a software-as-a-service platform that launched in beta last year, parses articles for misinformation, nudity, malware, and other problematic content and cross-references a regularly updated database of thousands of fake and legitimate news items. For its part, Facebook has experimented with deploying AI tools that “identify accounts and false news.”

Source: https://venturebeat.com/2020/04/07/microsoft-ai-fake-news-better-than-state-of-the-art-baselines/

Using #Telehealth in a #Pandemic #Covid19: Focus on Flexibility, Scalability – SPONSOR: CardioComm Solutions $EKG.ca – $ATE.ca $TLT.ca $OGI.ca $ACST.ca $IPA.ca

Posted by AGORACOM-JC at 9:40 AM on Monday, April 6th, 2020

SPONSOR: CardioComm Solutions (EKG: TSX-V) – The heartbeat of cardiovascular medicine and telemedicine. Patented systems enable medical professionals, patients, and other healthcare professionals, clinics, hospitals and call centres to access and manage patient information in a secure and reliable environment.

Using Telehealth in a Pandemic: Focus on Flexibility, Scalability

Executives from three different health systems talk about how they’ve used telehealth to meet the demands created by the Coronavirus pandemic – and how those services are laying the groundwork for ‘the new normal.’

By Eric Wicklund

  • Healthcare providers are scrambling to keep up with the demand for telehealth services as the Coronavirus pandemic sweeps across the nation
  • Many are seeing unexpected benefits in the shift to connected health – and hoping the momentum continues after the emergency is over

‘Take Care of the Patients First’

“There’s been a lot of spontaneous action,” says Alexa Boer Kimball, CEO of Harvard Medical Faculty Physicians at Beth Israel Deaconess Medical Center, a network of roughly 2,900 physicians spread across eastern Massachusetts.

“The key is to take care of the patients first,” she says.

Kimball remembers using telemedicine as far back as 1998, though more recently the network had focused on urgent on-demand care. Now her physicians are seeing thousands more patients each week via telehealth than they had seen just a few weeks ago.

While the traditional barriers – reimbursement, patient and provider buy-in, technology – “have always been there,” Kimball says the accelerated pace of the nation’s response to the emergency has allowed providers to jump in and try things out.

“The first thing we realized was that you can do a lot of things just on the phone,” she says.

Actions by state and federal officials have loosened a lot of those barriers, allowing providers to test new platforms and see more reimbursement. Kimball says her providers have long clashed with payers over coverage, and she’s hoping the success they’re seeing now will convince payers to maintain these new guidelines after the pandemic has eased.

“Right now we’re pretty confident we’ll be reimbursed for that business, but we’re still not sure,” she says. “This (rapid uptake) is kind of proof in the pudding. We need to make sure we have the data to prove our point.”

Kimball advises providers to “pay attention to all the guidance” right now, identifying both state and federal guidelines that have a direct effect and positioning telehealth and mHealth services to take advantage of those new rules. This includes developing a compliance and payer-specific billing plan, and massaging that plan to cover not just Coronavirus cases, but all cases.

“We need to be ready for a new (environment),” she says. “There’s no going back.”

‘We … Jumped Forward 10 Years on the Adoption Curve’

Out in Renton, WA, the Providence St. Joseph Health system was caught in the middle of the first wave of Coronavirus cases. But Aaron Martin, Executive Vice President and Chief Digital Officer for the six-state, 51-hospital health system, says leadership had recognized the value of virtual care six years ago and had the infrastructure in place to tackle the surge.

Still, he says, they were caught by surprise by a tenfold increase in telehealth visits and a sevenfold jump in care providers joining the platform.

“We had to move very quickly from feature-driven (virtual health offerings) to scale-driven,” he says. “We basically jumped forward 10 years on the adoption curve.”

Martin says PSJ has a large digital health innovation program, employing some 120 software engineers and producing more than a few tools and incubator spin-outs, like Xealth. The health system also partners with telehealth and mHealth companies to test out the latest in tools and services.

That helped the health system expand from its fast-growing ExpressCare Virtual telehealth platform to a stable of services that now includes remote patient monitoring for roughly 300 patients in the Seattle area. That program will soon be expanded throughout the enterprise to help other hospitals manage their populations at home. 

Martin says the health system realized very quickly that it had to have a plan in place for expanding and evolving its virtual care services. 

“Move fast, but make sure you’re being very, very diligent about things,” he says. “Understand all the processes in place, and make sure the technology is very fungible and easy to configure.” 

In addition, make sure all telehealth and mHealth services are tested and fine-tuned not only by IT, but by the clinicians who will use them. 

“And be prepared to learn,” he adds. “We will learn some things that work in virtual visits, and we will learn some things that absolutely don’t work.” 

That includes addressing three specific goals: Make sure all online content is from a trusted source, be prepared to adopt all-digital transactions, and focus on engagement, both to get patients through the digital door and to keep them there for future care. 

With regard to future care, Martin says “we’re already thinking of the new normal.” That means preparing to transition from Coronavirus triage and care to a platform that can take on elective procedures, chronic care management and specialty care. 

Martin expects the healthcare industry, pushed by consumer demand and the successes of using technology during the pandemic, to pressure state and federal regulators to keep guidelines in place that expand telehealth coverage and reimbursement. But he also expects the industry will see an increase in fraud and abuse, as some look to take advantage of that new normal. 

“There’s going to be some time to adjust,” he says. “Let’s just make sure we don’t back ourselves into a corner (with new legislation) that we can’t get out of.” 

‘We Know It’s a Marathon’ 

At Houston Methodist, the health system has weathered the likes of Hurricanes Allison and Harvey, not to mention the surge of people displaced by Hurricane Katrina. Stephen Spielman, Senior Vice President of the Houston Methodist Physician Organization and President of the Methodist Primary Care Group, says the seven-hospital system has learned a lot from past disasters. 

“We’ve been through this – we know how this feels,” he says. “We know it’s a marathon.” 

Spielman says the health system has been expanding its platform since partnering with American Well some three years ago on its first virtual care service, and now has a broad network of services. 

The Coronavirus pandemic, however, pushed the health system into uncharted territory. 

He says Houston Methodist’s Virtual Urgent Care service worked well in the direct-to-consumer arena – handling the increase from 30-40 visits a day to 250-300 visits – but it didn’t mesh well with the network’s Epic electronic health record, giving providers fits as they tried to conduct telehealth visits with established patients. So the health system created a second telehealth network on the Epic MyChart platform, allowing providers to integrate primary and specialty care visits with each patient’s EMR. 

“This gave us better flexibility, and our physicians loved it,” Spielman says, adding that the shift to a virtual platform took only 10 days. It’s also giving network executives the confidence to push ahead with their third connected health platform: E-visits. 

Along the way, Spielman says he’s learned some interesting lessons. 

While federal authorities loosened the guidelines for video visits through consumer-friendly platforms like Skype and FaceTime, “it’s been a little bit cumbersome to do that operationally,” he says. Those tools might be great for quick, one-off visits demanded by the epidemic, but they don’t integrate will with the health system’s telemedicine infrastructure – and likely won’t be an option when the emergency passes and some of the old rules and regulations come back into play. 

On the other hand, Spielman says he’s had great success with the Press Gainey patient surveys sent out after every telehealth encounter, giving health system executives a good idea of what patients like and don’t like about virtual care. With so many people quarantined at home, more patients have time on their hand to complete those surveys. 

At present, Spielman says Houston Methodist is ramping up its telehealth platforms to not only deal with an expected surge in Coronavirus cases, but to give patients with other needs – treatment for issues not related to the pandemic – the same access to virtual care as those with the virus. The health system is also looking to expand its telemental health offerings to help staff dealing with the stress of the pandemic. 

Looking ahead, he says the health network will look to keep the momentum going after the emergency by expanding its telehealth services for chronic care management, health and wellness and other ancillary services that have been pushed to the side to tackle the virus. 

“What we’re learning here will change healthcare permanently,” he says. “The genie is out of the bottle. Telehealth is our passion now.”

Source: https://mhealthintelligence.com/news/using-telehealth-in-a-pandemic-focus-on-flexibility-scalability