identified opportunity and offering
| 1 | 2 |
|---|---|
| Opportunity | Opportunity |
| There is limited access to affordable, high quality, easy to use online learning and training systems. | There is a low adoption of traditional online learning solutions due to low computer literacy and limited access to the computers / laptops required to access those solutions. |
| Offering | Offering |
| Lightbulb Edtech's Virtual Learning Environment (VLE) is a white labelled SaaS solution that enables organisations to provide training and learning online. As a proudly South African organisation, we have been able to reduce costs and provide high-end value at an affordable price-point. The intuitive content creation capability provides educators/instructors/trainers with an ability to seamlessly create their own content, defining the appropriate level of interactivity to ensure that the learning outcomes for each lesson can be achieved. | Our Virtual Learning Environment has been designed to work seamlessly on mobile devices, which most of our target users have access to. The user interface is designed to be intuitive, taking the complexity out of online learning and training for learners, educators, employees, trainers and the respective management teams. |
| 3 | 4 |
|---|---|
| Opportunity | Opportunity |
| There are many organisations which still use legacy learning management systems that are no longer supported. These organisations need to complete their digital learning transformation and development journeys to ensure that their institutional training resources are not lost. | Mega Infrastructure projects such as the 2Africa cable and the Equiano project will significantly increase access to high speed reliable internet connections at more affordable rates. |
| Offering | Offering |
| Lightbulb Edtech provides content development / conversion services, with options to either train the organisation to digitise the material. The offering leverages a core team supported by a wide network of freelance / casual workers to ensure that the service can be delivered quickly. | By partnering with AWS, we utilise technology that scales up easily when required. This ensures that the offering will provide users with the highest levels of performance irrespective of whether there are 1,000 users or 1 billion users. |
key differentiators on offering
| KEY FACTOR 1 Integrated communication tools for live and on demand streaming with interactive learning tools such as messaging and Q&A. | KEY FACTOR 2Customisable Business Intelligence tools. | KEY FACTOR 3Low mobile data consumption platform allows for global accessibility especially in poorly connected areas. The platform is also zero rated (no data costs for users) with the MNO Telkom (South Africa only). | KEY FACTOR 4Multiple device access including smartphones. |
| KEY FACTOR 5The only custom solution for online training and learning, with 24/7 support through our 3 tier support system ( Content, technical and administrative ) | KEY FACTOR 6In house content creation and consulting. | KEY FACTOR 7Learning and development advisory services ( including learning transformation) |
competitor index
Skyprep
Threat Level: 2
Global
talentlms
Threat Level: 5
Global
ispring
Threat Level: 5
Global
Canvas
Threat Level: 5
Global
Moodle
Threat Level: 2
Global
Google Classroom
Threat Level: 5
Global
D2L Brightspace
Threat Level: 8
Global
Blackboard
Threat Level: 2
Global
SAP SuccessFactors
Threat Level: 2
Global
