This article discusses three trending technology companies: Sibling Group Holdings, Inc. (OTCMKTS: SIBE), LiveDeal Inc. (NASDAQ: LIVE) & LRAD Corporation (NASDAQ: LRAD)
A recent report from EdNET Insight cited the push by school districts to move into the next phase of higher education as it relates to deployment and key learning infrastructures. According to the report, “US states are moving toward implementation of the Common Core State Standards (CCSS), and the assessment consortia are making progress on the design of the “next-generation” assessments that will be used to measure the standards beginning in the 2014-2015 school year.”
Juxtapose those findings with the latest announcement from Sibling Group Holdings, Inc. (SIBE), a leading player in the K-12 higher education sector and the practical implications of this brave new world in education becomes clearer.
SIBE has just announced a new agreement signed with LoudCloud to bring online, blended and competency-based learning to more K-12 students. The partnership has brought to the fore, new learning systems, particularly as it relates to online deployment.
SIBE and LoudCloud have now installed what they are calling “Blended Schools Network (BSN) content on the LoudCloud learning management system (LMS).”
Speaking about the new content library created out of the partnership, SIBE’s chief academic officer Jed Friedrichsen said that, “School districts are looking for the best combined solution for their school district. We have worked with LoudCloud so that our customers can now access their LMS platform with our content; students will also benefit from this new technology.”
Opportunities lie ahead
The report from EdNET Insight makes it very clear that the K-12 sector is the sight of massive potential growth in the coming years. Indeed the report cites the state-level rises in K-12 spending that has taken place since 2012.
According to EdNet, “Recovery at the state level continues to be steady but painfully slow—with any incipient optimism clouded by uncertainty about the ongoing effects of sequestration. State education budgets may finally have bottomed out in FY2012 (2011-2012 school year); in FY2013, 36 states increased funding for K-12 education, resulting in a net spending increase of $4.9 billion.”
Companies like SIBE operating in the space will no doubt see the increase in spending as a “call to deploy.” There can be very little doubt that cloud-based learning is the future of education (at all levels). The focus by the US education system puts the country in the driver’s seat and this practical realization will perhaps help drive growth for the K-12 players on Wall Street.
Strong lateral ties help boost other sectors
Sibling Group Holdings, Inc. (SIBE) move to increase its market presence via the cloud isn’t an isolated endeavor. In fact, several other industry sectors have seen companies incorporate new technologies into their operational focus.
LiveDeal Inc. (LIVE), a company that operates livedeal.com, a geo-location based mobile marketing platform that enables restaurants to publish “real-time” and “instant offers” to nearby consumers, has just enhanced its core offerings.
LIVE has doen this by deploying a faster, more enhanced version of its mobile iOS App. Underneath it all is “cloud.”
Another example of cloud-powered success on Wall Street comes in the form of LRAD Corporation (LRAD). The company which is the world’s leading provider of long range acoustic hailing devices (AHDs), and advanced mass notification systems has launched a new product – the LRAD(R) 450XL. The company says that The LRAD 450XL “gives operators the ability to broadcast clear, authoritative verbal commands, followed by powerful warning tones to modify a target’s behavior, enhance response capabilities, and provide security personnel with additional time and space to escalate the use of force if necessary.” This is a military application of the technology for sure, but its driving force is rooted in the strong advances being made with cloud technologies.
The small cap sectors have a lot of work to do for sure. But the progress of companies like Sibling Group Holdings, Inc. (SIBE) help add some silver lining to the clouds.
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