{"id":3670,"date":"2022-01-31T15:36:12","date_gmt":"2022-01-31T22:36:12","guid":{"rendered":"https:\/\/blogs.ubc.ca\/etec522\/?p=3670"},"modified":"2022-01-31T16:41:28","modified_gmt":"2022-01-31T23:41:28","slug":"priya-lakhani-founding-ceo-of-century-tech","status":"publish","type":"post","link":"https:\/\/blogs.ubc.ca\/etec522\/2022\/01\/31\/priya-lakhani-founding-ceo-of-century-tech\/","title":{"rendered":"Priya Lakhani, Founding CEO of CENTURY Tech"},"content":{"rendered":"\n<p><strong>Founder\/Leader:<\/strong> Priya Lakhani OBE,  is the founder CEO of <a href=\"https:\/\/www.century.tech\/about-us\/\" data-type=\"URL\" data-id=\"https:\/\/www.century.tech\/about-us\/\">CENTURY Tech<\/a>, a company that designs AI powered learning tools for all age groups (amongst several other impressive ventures).\u00a0<\/p>\n\n\n\n<p>In her words, CENTURY Tech is \u201cProven to save one day per week per teacher\u201d (Based on a study of K-12 teachers, and the reduction in admin, feedback, and marking provided by this technology).  You can watch her pitch her company here: <a href=\"https:\/\/youtu.be\/xH8dD2vrI2M\" data-type=\"URL\" data-id=\"https:\/\/youtu.be\/xH8dD2vrI2M\">Watch Priya Lakhani Pitch Century Tech<\/a> (Solve &#8211; MIT, 2018)<\/p>\n\n\n\n<p><strong>The Venture:<\/strong> Founded in 2014 CENTURY Tech is a platform which provides personalized learning to students through AI and machine learning.\u00a0 It assesses students of all levels and makes suggestions for a learning journey for that student based on their performance using microlessons and videos. The system uses AI to analyze student behaviour, including their focus level, how long they take to get through a lesson and can even even evaluate when a student is more likely to be guessing an answer.\u00a0 It compares behaviour of students using an anonymous database, while the individual student work is kept on another database for security.\u00a0 This is considered a for-profit company, however they have a fee pyramid, where corporate users pay more than higher education, who pay more than public education and in turn, all users help to subsidize learning for chartable causes, such as the education of Syrian refugees in Lebanon.\u00a0 This company argues that it has leveled the playing field for disadvantaged students, showing equal learning impact on disadvantaged children as privately educated ones.\u00a0 The company\u2019s current estimated annual revenue is $14.8M\/year, with contracts in public school systems, businesses and private institutes around the globe.<\/p>\n\n\n\n<div class=\"wp-block-columns are-vertically-aligned-center is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-vertically-aligned-center is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:100%\">\n<figure class=\"wp-block-embed is-type-rich is-provider-embed-handler wp-block-embed-embed-handler wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"CENTURY - Our Story\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/HOO0DT62UqQ?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n<\/div>\n<\/div>\n\n\n\n<p><strong>The Entrepreneur:<\/strong> Priha Lakhani grew up in East Africa, witnessing poverty and inequality which inspired her to give back to those in need.\u00a0 Now UK-based, she started out as a barrister, then changed directions after four years in order to pursue a career which had a greater impact.\u00a0 Her first start-up was a successful sauce business, <a href=\"https:\/\/startups.co.uk\/startups-100\/2010\/29-masala-masala\/\">Masala Masala<\/a> in 2008, where the profits were used to fund meals for the homeless and vaccinations to children in Africa.\u00a0 In 2014, after reading a book on neuroscience, she decided she wanted to help \u201cfix education\u201d, and founded CENTURY Tech in order to help improve equality in education.\u00a0 Ms Lakhani has won many awards including the 2009 UK Business Entrepreneur of the Year and the Office of the Order of the British Empire. \u00a0She also founded the <a href=\"https:\/\/ethical.institute\/index.html\">Institute for Ethical AI &amp; Machine Learning,<\/a> a research centre dedicated to the responsible development and operation of machine learning.\u00a0 Although Ms Lakhani\u2019s background is not in education, the team at CENTURY Tech consists of software engineers, neuroscientists, and teachers and are backed by funding sources such as MIT.<\/p>\n\n\n\n<p>I chose Priya Lakhani because she is a truly inspirational innovator. This project isn\u2019t just a money-maker for her, she has designed it to be a disruptor to the EdTech industry, producing a product that is desirable to the top private educational systems and making it accessible to the disadvantaged. If you\u2019re in need of motivation, she talks about how she went from being a mediocre student to where she is today by following her passions in this talk: <a href=\"https:\/\/youtu.be\/8DjB9giauxI\">Priya Lakhani OBE \u2013 Don\u2019t be afraid of failure<\/a> (Wow Talks, 2016)<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-embed-handler wp-block-embed-embed-handler wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"Priya Lakhani OBE - Don&#039;t be afraid of failure\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/8DjB9giauxI?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Founder\/Leader: Priya Lakhani OBE, is the founder CEO of CENTURY Tech, a company that designs AI powered learning tools for all age groups (amongst several&#8230;<\/p>\n<div class=\"more-link-wrapper\"><a class=\"more-link\" href=\"https:\/\/blogs.ubc.ca\/etec522\/2022\/01\/31\/priya-lakhani-founding-ceo-of-century-tech\/\">Read more<span class=\"screen-reader-text\">Priya Lakhani, Founding CEO of CENTURY Tech<\/span><\/a><\/div>\n","protected":false},"author":89532,"featured_media":3671,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[],"class_list":["post-3670","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-founders-parade","entry"],"_links":{"self":[{"href":"https:\/\/blogs.ubc.ca\/etec522\/wp-json\/wp\/v2\/posts\/3670","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.ubc.ca\/etec522\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.ubc.ca\/etec522\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.ubc.ca\/etec522\/wp-json\/wp\/v2\/users\/89532"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.ubc.ca\/etec522\/wp-json\/wp\/v2\/comments?post=3670"}],"version-history":[{"count":5,"href":"https:\/\/blogs.ubc.ca\/etec522\/wp-json\/wp\/v2\/posts\/3670\/revisions"}],"predecessor-version":[{"id":3678,"href":"https:\/\/blogs.ubc.ca\/etec522\/wp-json\/wp\/v2\/posts\/3670\/revisions\/3678"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blogs.ubc.ca\/etec522\/wp-json\/wp\/v2\/media\/3671"}],"wp:attachment":[{"href":"https:\/\/blogs.ubc.ca\/etec522\/wp-json\/wp\/v2\/media?parent=3670"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.ubc.ca\/etec522\/wp-json\/wp\/v2\/categories?post=3670"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.ubc.ca\/etec522\/wp-json\/wp\/v2\/tags?post=3670"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}