|By Business Wire||
|January 29, 2014 08:01 AM EST||
Ellucian® is entering the continuing education and workforce development market to meet the growing need for a solution for higher education institutions to effectively market and administer their non-traditional programs.
About 44 percent of American adults are taking some form of continuing education, according to the U.S. Department of Education. Meanwhile, corporate training is expected to rise to $18 billion in 2014, according to the Education Advisory Board which called the trend an “underexplored funding source.” In addition, Forbes.com cited workforce development as “one of the top issues facing higher education” this year. Despite this demand, the market lacks an effective software solution that delivers the workflow and administrative processes unique to these learners while staying in sync with the institution’s existing student information system (SIS).
Ellucian will deliver its SaaS-based continuing education and workforce development software in 2014. The solution will help institutions manage the unique business rules and administrative processes—including program marketing, course management, and student enrollment—required for non-traditional course offerings. Deep real-time integration to Ellucian’s student information systems will provide three key benefits currently lacking in other solutions:
- Provide a complete picture of the offerings on campus and the learner who might have more than one role in the institution
- Preserve an institution’s existing SIS as the system of student record
- Eliminate the need for additional technology infrastructure and thereby minimize additional IT support
Institutions will also have the option of implementing the software as a stand-alone solution.
“Non-traditional program offerings are essential to higher education’s mission to meet the needs of its varied learners and the workforce, but administering these programs has been a challenge,” said John F. Speer, president and CEO of Ellucian. “Ellucian’s solution will give institutions the right tool to better serve the ever-changing needs of their community.”
Ellucian will bring the solution to market quickly in 2014 by leveraging its recent acquisition of CampusIT.
“We saw the need for a nimble and integrated solution and made a strategic acquisition to help our customers as quickly as possible,” said Mark Jones, chief product officer, Ellucian. “By adding new capabilities and deep integration to CampusIT’s foundational technology, we are taking the fastest path to bring a comprehensive and effective solution to the market.”
Delivery of the new solution and its integration to Ellucian’s core administrative systems are additional proof points of the Ellucian Extensible Ecosystem that helps customers build out their digital campuses in the ways that make sense for their institutions, their business processes, and their constituents, and extends the value of their administrative systems.
Ellucian helps education institutions thrive in an open and dynamic world. We deliver a broad portfolio of technology solutions, developed in collaboration with a global education community, and provide strategic guidance to help education institutions of all kinds navigate change, achieve greater transparency, and drive efficiencies. More than 2,400 institutions in 40 countries around the world look to Ellucian for the ideas and insights that will move education forward, helping people everywhere discover their futures through learning. Visit Ellucian at www.ellucian.com, follow Ellucian on Twitter (@EllucianInc), and like Ellucian on Facebook (/EllucianInc).
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