AnalyseLearning
This is a hypothetical venture that combine PLE and learning analytics. It is based on developing a platform for the GP registrar training program, so it is a bit context specific. Hope I have given you all enough background.[youtube]http://youtu.be/xallIsHW3G4[/youtube]
Venture pitch – AnalyseLearning
Posted in: Venture Forum
jtpatry 6:22 pm on July 29, 2012 Permalink | Log in to Reply
Hey Denise, your video is set to private FYI
Denise 6:35 pm on July 29, 2012 Permalink | Log in to Reply
Thanks- youTube and I have been having a bit of a fight over this pitch! I hope it is fixed now.
denise
jtpatry 6:43 pm on July 29, 2012 Permalink | Log in to Reply
Good to go now!
jtpatry 3:19 pm on July 30, 2012 Permalink | Log in to Reply
Good day Denise,
Thank you for sharing your elevator and venture pitches. With the push for personalized learning environments, it seems to make sense to have one that is catered for the learning environment, and in this particular case the GP learning space. Your use of graphs provides a good visual for what the PLE would look like and how it will be incorporated. One suggestion maybe would be to compare (if there is any data) how similar PLE’s are effective in other marketplaces and how this specific venture PLE can utilize the current market and make it better.
Thanks for sharing
Jon
Denise 5:48 pm on August 1, 2012 Permalink | Log in to Reply
HI Jon,
Thanks for the advice. I think a good international search would be useful as there isn’t anything like it in vocational training or with unis here at pesent. Agree that including other success stories woudl have been good for the pitch, but also to inform the venture.
Thanks
Denise
janetb 10:57 am on July 31, 2012 Permalink | Log in to Reply
Hi Denise,
Personalized learning and analytics are certainly trends in the educational technology marketplace and I think you have presented a great idea in combining them. You have identified a market niche in GP training as well as identifying how your product is unique. Something that might add to your pitch is some information on dissatisfaction with the current system. Something that would indicate that your product is highly needed or can solve a problem in the way GP training is currently done.
A really interesting idea – best luck on your venture.
Janet
Denise 6:00 pm on August 1, 2012 Permalink | Log in to Reply
HI Janet,
Thanks. This was really a hypothetical but I found myself wondering if I could in fact roll something like this out, especially integrating actual patient data information.
I thought about pain points and there really isn’t one – we could keep doing what we are doing for a while longer! But as an innovator I think the PLE and analytics would add real education value for the learner and then ultimately our RTPs. So i agree that I need to pitch more to why this prodiuct is needed than I did. Thanks for the feedback.
Denise
gregcamp 4:44 pm on July 31, 2012 Permalink | Log in to Reply
Great job Denise. PLEs are definitley growing in value and we are seeing more of them in the educational market. I enjoyed your pitches and venture idea.
Greg
Claire Burgoyne 5:16 pm on July 31, 2012 Permalink | Log in to Reply
Hi Denise,
Analyze Learning is well described in your elevator pitch. While you’ve described the features and niche market you don’t identify the gap that Analyze Learning addresses. Who is the competition and what does Analyze Learning offer that is currently unavailable?
Claire
Denise 6:10 pm on August 1, 2012 Permalink | Log in to Reply
Hi Claire,
Thanks for the feedback. I did try and indicate there was no competition in Australia at least. If it was missed this then my pitch didn’t highlight it well! I also agree that I may not have clearly articulated the benefits. Sometimes one gets embedded in an idea and doesn’t think about how others are seeing it.What is offers that isn’t anywhere yet in our market
– increased learning and involvement of the registrar througha PLE integrated witht an LMS
– visual analytics for the learner but ones that encompass all of learning and trianing ie the educaiton they do but also the actual patient exposure they have (and where the gaps would be).
Thanks for identifying that I wasn’t as clear as I ahd hoped.
Denise
lisamallen 10:53 am on August 2, 2012 Permalink | Log in to Reply
Hi Denise,
It’s clear that this is your area of specialty. Knowing that you’re experienced in this niche market, as an investor, it’s comforting that you’re so well vested here. I would invest for sure. The only weakness with your pitches, as other have already noted, is the comparables: What’s out there already? Who are your competitors?
Well Done,
Lisa
maybacon 11:13 am on August 2, 2012 Permalink | Log in to Reply
Hi Denise,
I like the idea of combining PLEs and Visual Analytics, especially in your area of expertise. I am certain that this venture would provide vital statistics and deepen understanding of a variety of elements in the medical arena. I also liked the examples of the interface, which really helped to clarify the venture for me. However, I would need to know a bit more about the existing competition to make a decision about investing in such a venture. It’s great to know, however, that you have the expertise to pull off this venture and have a good idea of your market.
Best of luck!
May
chrisaitken 12:13 am on August 3, 2012 Permalink | Log in to Reply
The combination of learning analytics and PLEs got me very interested in your venture.
The growing interest in PLEs typically presents a problem for educators in measuring and tracking learning for the purposes of assessment and ultimately granting a credential. A venture that is able to adequately address this issue is likely to find success albeit an ambitious one.
Your venture pitch describes a very specific market group of vocational training in Australia – approximately 1100 positions. Initially I thought that an idea like this would have traction also in the general adult education and post secondary area. However, your paper details how AnalyseLearning will pull specific data from an LMS related to this specific training program. At this part, I begin to get confused. I think of a PLE as an open and often chaotic mix of digital learning tools and content existing largely outside of an institutional LMS and at times, outside of a standardized curriculum. For instance, a PLE could be comprised of annotated bookmarks, RSS feed, blog conversation, twitter feeds, etc which could all be very valuable to the overall continued learning of a student. AnalyseLearning appears to be specific to a particular learning program in pulling data from an LMS and presenting it in a tidy visual format.
However, I do believe in your venture plan and you as an expert in your field. given the opportunity I would be interested in investing in this venture with the hopes that the intellectual property could spin off into further ventures in the analytics/PLE combination.
Denise 3:53 am on August 3, 2012 Permalink | Log in to Reply
HI Chris,
Yes I can see how the term PLE woudl cause confusion. As you identified this I wondered if I would have been better to call it a hybrid PLE. The idea being that some of the PLE links are predetermined within the setting that the PLE is integrated into and some are whatever the indivdiual wants. So in the GP training field there would be some organisation decided links, some individual decided links to education material/activities in the site and then totally random individualised linkages (like the classic PLE). If we developed this product well well then any industry could use the portal and link through to what they wanted the learner to focus on as well as what tools the learner wanted.
Not sure I have stille xplained it well?!
Denise
danishaw 7:42 am on August 4, 2012 Permalink | Log in to Reply
Denise,
I found your venture analysis to be quite thorough as it outlined the general learning structure for general probationers in Australia. In addition, I believe the concept of AnalyseLearning is well rooted in theory for you draw on both emerging technologies of personal learning environments and visual learning. The use of diagrams aided in the description and the plan of the venture for it enabled the viewer to see the need for such an en devour; well done! To enrich your venture more so, perhaps you could include potential barriers to the program and strengthen your pitch so that it is straightforward and to the point. I found it a tad bit confusing as to what the product was and why I should want to invest in it. Overall, your venture is well researched and seems to serve a real need. Good luck with the next steps!
Danielle
Denise 4:23 am on August 5, 2012 Permalink | Log in to Reply
HI Danielle,
Thanks for the feedback esp that it wasn’t clear what the product was! Missed the pitch here then!
Denise