(GENEVA, Switzerland and NEW YORK, NY, June 26, 2014): Knewton, an international leader in adaptive learning technology, has been selected as a Global Growth Company by the World Economic Forum. The Community of Global Growth Companies includes more than 350 rapidly growing multinational companies that are reshaping the global economic landscape.
“When choosing entrants to our Community of Global Growth companies, we assess companies on their business model, annual revenues and growth rates, executive leadership, and market position,” said David Aikman, Managing Director and Head of the New Champions at the World Economic Forum. “Knewton — a dynamic company with clear potential to shape the future through its personalized learning platform and data analytics — is a perfect fit for the GGC community.”
“It is an honor to be chosen as one of the World Economic Forum’s Global Growth Companies,” said Jose Ferreira, Founder and CEO of Knewton. “We’re eager to collaborate with other member companies to ultimately create more access and opportunities for students around the world to learn and excel, and in so doing help drive global socioeconomic growth.”
By analyzing data to figure out what each student knows, Knewton recommends what to study next, helping more students master materials and get ahead. Education companies including Pearson, Houghton Mifflin Harcourt, Macmillan Education, and Cambridge University Press use the Knewton infrastructure platform to build powerful proficiency-based adaptive learning applications. Internationally, companies like Elsevier, a global leader in nursing, medical and health products and services, and Gyldendal, a leading publisher of print and digital educational materials in Norway, are some of the companies most recently partnering with Knewton to develop adaptive learning courses.
Knewton’s goal is to personalize lessons for students around the world. Education companies use Knewton technology to power course materials that dynamically adapt to each student’s unique needs. By analyzing data to figure out what a student knows, Knewton recommends what to study next, helping more students master material and get ahead. Knewton-powered analytics identify knowledge gaps and predict performance to help educators, parents, and administrators better support every student. Knewton was founded in 2008 and has offices in New York and London.
About the Community of Global Growth Companies
The Community of Global Growth Companies is comprised of rapidly growing emerging multinationals. It was founded in late 2007 and currently has over 350 members globally from all sectors. The community was created to recognize the next generation of industry leaders. It supports them as they navigate new geographies, markets, cultures, and regulatory systems to become a major driving force in social and economic development.
Members of the Community of Global Growth Companies convene every year at the Chinese-hosted Annual Meeting of the New Champions and at the World Economic Forum’s regional meetings, and collaborate through the private area of the World Economic Forum’s website, an exclusive online networking platform for business and government leaders.
For more on the Community of Global Growth Companies, visit http://weforum.org/ggc.