Hoboken, NJ (PRWEB) September 24, 2012
“Knewton’s adaptive learning technology personalizes course content, delivering the precise learning activity each student needs at the exact time he or she needs it most,” said Joe Heider, Senior Vice President, Wiley Global Education. “We’re very excited about Knewton’s ability to help students learn math more efficiently and effectively.”
The Knewton Adaptive Learning PlatformTM serves as a recommendation engine for learning, analyzing vast data sets in order to serve up the best activity for each student at a particular moment in time. Wiley will offer the Knewton Math Readiness course beginning in fall 2012.
Knewton Math Readiness has already generated significant improvements in student engagement and learning outcomes at schools across the United States. Following an implementation at Arizona State University, course withdrawal rates dropped from 16% to 7%, pass rates increased from 64% to 75%, and 45% of enrolled students completed the course four weeks early, an option previously unavailable to students.
“Knewton’s goal is to personalize education for the world,” said Jose Ferreira, Founder and CEO of Knewton. “Our platform combines big data with psychometrics to continuously and progressively personalize any publisher or school’s online learning courses. With this new partnership, Wiley can now leverage this data and our adaptive learning technology to deliver continuously personalized courses to their students.”
Wiley Global Education provides personalized content, tools, and services that deliver demonstrable results to students and faculty at two- and four-year colleges and universities, for-profit career colleges, and advanced-placement classes globally, as well as secondary schools in Australia. In addition to its print and digital textbooks programs, the company offers a variety of cost-effective, flexible print and digital solutions, including customizable solutions and WileyPLUS, a research-based, online environment for effective teaching and learning.
Founded in 1807, Wiley has been a valued source of information and understanding for more than 200 years, helping people around the world meet their needs and fulfill their aspirations. Wiley's global headquarters are located in Hoboken, New Jersey, with operations in the U.S., Europe, Asia, Canada, and Australia. The Company's Web site can be accessed at http://www.wiley.com. The Company is listed on the New York Stock Exchange under the symbols JWa and JWb.
Knewton is a technology company that uses data to continuously personalize online learning content for individual students. The Knewton Adaptive Learning PlatformTM is a recommendation engine that powers third-party learning solutions. Knewton analyzes data about the performance of each student and similar students on the platform, as well as the relevance of the educational content, in order to serve up the best activity for each student at a particular moment in time. Knewton partners with publishers, universities, and other educational content providers to make personalized learning available to everyone worldwide. In 2012, Fast Company named Knewton one of the world’s 50 Most Innovative Companies.
Knewton was founded in 2008 by Jose Ferreira, a former executive at Kaplan, with Series A, B, C, and D funding from Founders Fund, Pearson, FirstMark Capital, Bessemer Venture Partners, Accel Partners, First Round Capital, and prominent angel investors. For more information, visit http://www.knewton.com.
Matthew Mirandi, mmirandi (at) groupsjr (dot) com or 917.338.4933
Susan Spilka, sspilka (at) wiley (dot) com or 201.748.6147