Education Data Analytics Solutions

Data-Driven
Transformation
in Education
EDUCATION industry is a highly competitive sector that has to always be on the edge to keep up with the changing dynamics of the market. The industry comprises of mainly 3 segments - Higher Education, Primary Education, and LMS (Learning Management System).
And of the many instruments of change that the educational institutions and e-learning entities need to thrive in the fast-changing world, business intelligence (BI) and data analytics play a pivotal role.
They can not only help institutions improve the quality of education and stay ahead of the curve, but also help them with better decision-making, improved school-level reporting, and restructuring of the complex legacy processes that are prevalent in the industry.
Each sector in the Education industry, be it schools, colleges, universities, or online courses. has varied data sources that comprise of the humungous amount of data. Those are the data generated from students either enrolled in them, or those collected through ‘education fairs’ and meetups and stored in their respective CRMs. So greater the number of data sources, the higher is the level of complexity.
At Data Nectar, we help streamline your educational institution’s complex data from various sources with the help of data integration and transform them into high-performing database architecture to be stored to a proper data warehouse for timely reporting. This paves a great way into optimizing resources like infrastructure (school, college, etc.) and lab utilization.

Besides that, we help derive data insights from the videos and course notes in LMS by analysing key trackers like:

  • - Number of users who attempted the course
  • - Dwell time by the users to consume the data
  • - The frequency of content accessed
  • - User’s performance on assessment
Using best open source LMS powered by Python and Django DB also gives us detailed insights from a video downloaded to uploading of Assessment, to the student Log data. In short, Data Nectar keeps a close track of all your courses, learners, and instructors/ educators with analytic precision and business intelligence.
Data Nectar Technosys has been at the forefront when it comes to unleashing the power of data to create efficient processes (even) in a legacy system - by reducing management complexity and discovering the facts.

The COVID-19 pandemic has changed the face of the education industry wherein online syndication of content has skyrocketed and has set a trend that is going to be in demand forever.

Our offerings as a data analytics consulting company are restricted not only to facilitate decision-making in top management, but also in enhancing the quality of education that includes sharing data insights that can be beneficial in providing an academic direction and marketing.

Most educational institutions have legacy systems that are complex and redundant to manage the huge amount of data they produce. Data Nectar harnesses the power of data analytics and BI solutions to help them use data to properly manage and make smart decisions

We analyse your raw data, measure them against separate KPIs (Key Performance Indicators), and transform them into Reports and Dashboards using data visualisation.
Are you thinking of BI and Analytics solution for your educational services?
Book a 30-minutes free consultation with our Business Intelligence experts today.
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HOW TO LEVERAGE EDUCATION ANALYTICS

FOR THE EDUCATION INDUSTRY SOLUTIONS

INTERPRETING EDUCATION KPIS

LMS
UTILIZATION

LMS platforms are armed with varied analytics and reporting features that help measure the performance and progress of your platform and its learning courses. This is an important KPI that tracks crucial matrix-like learner progress, job competence, training completion, and attendance rates, etc. that can help determine the ROI of your training program.

STUDENT TO FACULTY
RATIO

This is a significant education KPI since it witnesses the highest variation from year to year. It indicates the ratio that represents the ‘number of students’ enrolled at a school, university, etc. against the ‘number of faculty’ that work in those institutions. This metric is an important indicator that represents the quality of teaching in the concerned educational institution.

COURSES OFFERED
vs. ACCEPTANCE

This is an important metric particularly when it comes to assessing highly competitive private educational institutions. Furthermore, this KPI helps you keep track of the statistics and informs the institution’s top management about the number of learners (in percentage) who applied to the school/ university vs. the number who were offered Acceptance to study.

STUDENTS
DEMOGRAPHICS

This KPI measures the demographic distribution of students in an educational institution and is a significant indicator to showcase the diversity graph in the student population. From mapping ethnicity, racial category to the demographic origin of the students, this metric is an essential metric for your institution to reach out across to a wider cross-section of the society, the students demographically represent.

GRADUATION
RATE

This Is a key metric that determines the rate of the number of students in a school, University, or e-learning platform who has completed their education/ courses or received a particular certificate or degree within the stipulated time frame. However, make sure you have a well-crafted policy for tracking transfers in and out of your grades, which otherwise would keep you ignorant of the actual progress.

TRAINING COMPLETION
AND ATTENDANCE RATES

A key KPI in the education industry, it helps calculate the ROI of your training program. Starting from calculating the average completion time of training to calculating the number of individuals who have finished training, to tracking their average hourly salary, this metric helps schools, universities, and e-learning platforms determine the cost of training incurred.

FACULTY & STAFF
ATTENDANCE RATES

Attendance rates of faculty and staff members is a key determining factor in ascertaining the credibility and quality of education for a school or university. This KPI is crucial as a low attendance rate from faculty and staff members can harm the organization, its reputation and performance.

FACULTY & STAFF
RETENTION RATE

Faculty and staff retention are integral to maintaining a uniform level in the quality of education for an educational institution. The high retention rates for faculty and staff members help students and faculty build a better rapport that helps deliver a superior performance. Also, retention saves the management’s time and effort to retrain new staff and faculty regularly.
Let’s have a conversation to know more KPIs that can help you make better decisions
on improving the quality of your educational services
Let's talk
As per the Fortune BI report, the global Learning Management System (LMS) market is projected to reach $29 billion by 2026, with annual growth of 19.1%. At the same time, the global e-learning sector in the Education Industry is predicted to grow to $ 336.98 billion in 2026, from nearly $200 billion in 2019. Also, with the COVID-19 pandemic forcing institutions to go online, there is going to be a huge influx of data created for the institution to manage. Data Analytics and BI Solutions will play a big role here.

Data Security & Confidentiality

Your trust is important to us and so also is the confidentiality of your Data. At Data Nectar Technosys, we consider the privacy and protection of your data at the highest priority, along with following the provisions of the EU General Data Protection Regulation (GDPR). We follow stringent data protection guidelines and take adequate measures to ensure that we fulfil our promise of being fully GDPR compliant.
Read our Data Security & GDPR Compliance