Explorance Named Among the World’s Top EdTech Companies by TIME

Montreal, Quebec – May 9, 2024 – Explorance, a leader in Feedback Analytics solutions, proudly celebrates its inclusion in TIME’s list of Top EdTech Companies of 2024, being the only organization from Quebec and one of only six from Canada to make the list. The ranking, based on financial strength and industry impact, involved gathering and analyzing data from over 7,000 companies. This recognition celebrates over 20 years of helping organizations and higher institutions optimize excellence in teaching and learning by harnessing the power of feedback.

The global ranking, conducted in collaboration with Statista, showcases the enduring significance of online learning in today’s educational landscape. Despite a shift back to traditional classroom settings post-pandemic, the demand for accessible and high-quality online learning remains strong. EdTech plays a pivotal role in enhancing teacher-led learning and improving educational outcomes. Explorance’s recognition underscores its commitment to transforming educational technology and adapting to the evolving needs of organizations and students worldwide.

“We are pleased to be recognized by TIME as a top EdTech company,” says Samer Saab, Founder and CEO of Explorance. “This achievement reflects our unwavering commitment to innovation and excellence in educational technology. As we continue to push the boundaries of AI-powered feedback analytics, we remain dedicated to delivering actionable insights that drive meaningful change to organizations and educators worldwide.”

Explorance’s innovative solutions empower organizations to make data-informed decisions by measuring the learners’ needs, expectations, skills, and competencies. For instance, Explorance MLY, an AI platform purpose-built for higher education, human resources, and learning and development, offers a concrete example of how technology can revolutionize feedback analytics. MLY categorizes comments, reviews, and social posts into specific topics related to the student, employee, and learning experience, empowering leaders to drive impact through timely and actionable insights. Through scalable automation and expert-based services like MLY, Explorance accelerates the insight-to-action cycle, fostering personal growth and organizational agility.

“The integration of MLY into Worldwide Learning’s data-driven approach is a significant step forward in our journey towards learner-centric training. MLY helps us amplify the Voice of Learner (VoL) and enables personalized and engaging learning experiences that reflect our commitment to our global learner community,” mentions Christian Wylde, Senior Director of Product Management, Microsoft Worldwide Learning.

Explorance’s feature in TIME’s first-ever Top EdTech Companies list marks a significant milestone in its growth journey. With operations in six locations and serving over 1,000 organizations across 50 countries, Explorance is continuously expanding its presence in the education and corporate sectors. Alongside this recognition, Explorance’s commitment to innovation has recently earned them the Ellucian Innovation Excellence Partner Award for 2023.

“This year’s award winners have demonstrated their commitment to innovation, customer service, and collaboration in our joint quest to deliver exceptional outcomes to the institutions we serve,” said Jeff Dinski, Chief Strategy and Corporate Development Officer at Ellucian.

For the first time in June, Explorance is bringing together industry leaders and professionals at Explorance World 2024 – the first conference dedicated to harnessing the transformative potential of feedback analytics and artificial intelligence.

Register to unlock the potential of feedback analytics across various sectors at explorance.com/explorance-world/.

ABOUT EXPLORANCE

Explorance empowers organizations with next-generation feedback analytics to accelerate the insight-to-action cycle, encouraging the philosophy of “Feedback for the brave” to drive purpose, impact, and growth.

Bringing 20 years of expertise, Explorance, a member of the World Economic Forum and a trusted partner for 35% of Fortune 100 companies and 25% of the world’s top higher education institutions, has influenced over 25 million individuals with award-winning solutions like Blue, Metrics That Matter, and MLY. 

Visit explorance.com or connect on LinkedIn, Facebook, and Twitter.