By Mohit Phogat on Apr 30, 2014
Please read the Oracle Higher Education Investment Executive Brief issued by Oracle.
As we move into the 21st century, the needs of students, staff and faculty have shifted and evolved. Rather than ‘traditional’ classes in brick and mortar classrooms held at regularly scheduled times, students demand flexible learning schedules that fit the needs of their lives, and programs structured to not just provide them with an education, but to prepare them for careers and to further their careers once they are in the workforce. New ways of learning and defining the outcomes of that learning, like competency-based credit, Massive Open Online Courses (MOOCs), and badging, are changing the definition of the learning experience. And students expect access to their learning environment and information across a spectrum of platforms – classroom, desktop, mobile – at all times, always on, always at their fingertips.
Faculty and administrators demand the decision support tools to promote the success of their students and meet accountability requirements, from evaluation of admissions targets, to the early identification of students at risk, to institutional accreditation. And with the information to support decisions spread across their enterprise, they need seamless, robust integration of information, served up in actionable dashboards.
And Institutions need to innovate, to find what differentiates them from their peers, and to focus scarce resources on the highest value activities to support their mission. They expect increasingly flexible ways to administer and provide learning and services to students, and they need to do so with efficiency and cost-effectiveness. As budgets tighten, the business of higher education is changing. Consistency and predictability of expenses becomes an operational necessity.
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