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Press Release: WizIQ, the Only Global Education Marketplace to Offer Live Instructor-led Online Learning
Company Unveils its WizIQ Learning Marketplace with the Most Comprehensive Online Teaching System Currently Available to Educators, for Free
Apex, N.C., May 14, 2014 – WizIQ, the online education company, is now the only global education marketplace to offer live instructor-led online learning by announcing its WizIQ Learning Marketplace as well as the most comprehensive teaching system currently available to educators, for free. It is the only marketplace where anyone can start teaching live online (not live pre-recorded classes) from any part of the world.
The WizIQ Learning Marketplace enables students to choose from courses offered by thousands of instructors. Educators and organizations can create a comprehensive quality online course – with live or self-paced instruction – in no time, and teach any learner or employee anywhere in the world. The courses on WizIQ are all created and owned by instructors, not WizIQ, providing complete freedom to educators and organizations to manage and charge for their content and teaching services any way they want.
Many professionals, looking for jobs or already in the job, feel a need to update their skills, but doing so poses challenges they face around synchronous learning (in-classroom) such as the time commitment, accessibility and cost. At the same time, professionals face challenges around asynchronous learning (non-live online) due to a lack of live instruction as it is primarily video-based and has no face-to-face interaction with instructors, leaving the learner on their own, resulting in poor engagement and motivation.
“For thousands of years, live instructors have been the key to quality education for an important reason: learners need their help to fully decipher the concepts. Many e-learning education providers have reduced this model of instructor-led learning to video-based instruction to make it more accessible through the internet. However, the higher online dropout rate suggests video-based learning without live instruction with an instructor, is not working. It’s time we enabled real educators to deliver online learning,” said CEO and Founder Harman Singh. “WizIQ is making it easy for working professionals to receive high quality, live instructor-led education, at their convenience.”
WizIQ’s Learning Marketplace provides a total solution for busy professionals, providing the unique features of traditional classroom learning experiences such as face-to-face live instruction, assignments and lab work along with the standard features of online learning, such as self-paced instruction including videos, presentations, tests, peer interaction, etc. In some courses at WizIQ, students even have access to remote, virtual labs to run programs practicing real world scenarios.
WizIQ features courses offered by instructors using the platform, in popular and in-demand categories such as Technology, Big Data, Project Management, Business, Finance, Languages, Lifestyle & Wellness and Music. With WizIQ, working professionals can stay relevant and advance their career today by enrolling in intuitive, highly interactive, live instructor-led courses taught by top teachers around the world. Some popular courses offered include Hadoop Big Data Training with Live Scenarios, Project Management, PMBoK 5 Certification Training, or Certified Spoken French Lessons for Beginners (Level DELF A1), among others.
For educators, WizIQ offers the most comprehensive online teaching system currently available, for free. The teaching system includes sophisticated tools educators need to create live interactive classes and an advanced test and assessment module. The platform provides access to global audiences to teachers and tutors, promotion material such as a library of banners, training classes on how to use the WizIQ platform and promote courses.
WizIQ’s teaching system features a public option and a private option. Educators who wish to reach a global audience can use WizIQ’s teaching system to create, publish and conduct public courses in the WizIQ Learning Marketplace. The WizIQ platform allows educators to collect payment for public courses from national and international students via WizIQ’s payment processing system for a nominal service fee of 10 percent per transaction.
For educators who prefer not to have their courses featured in the public marketplace, a private teaching system is also available to host private instruction for students or to offer a private branded academy online. Private instructors can collect payment directly or use WizIQ’s payment system, if desired. The WizIQ private teaching system is free for individual educators for classes up to 10 attendees. An advanced features package is available with a subscription fee.
Corporate training is a $150 billion industry. Businesses spend $1,195 on average per employee for training each year1. Companies looking for new ways to train employees and get them up-to-speed on new skills without spending money on travel, training facilities, and equipment can select WizIQ for Organizations, also a private teaching system, for two-or-more instructors. This platform is perfect for conducing private live instructor-led learning or hosting a private online academy for global or remote employees, franchises, dealers, distributors, partners or clients. WizIQ for Organizations offers access to advanced features and is available for a subscription fee.
Founded in 2006, WizIQ has evolved to be the first and only online global education marketplace to offer live instructor-led learning, where anyone can teach and learn. The company is successfully leveraging technology to replicate the classroom experience online making it more accessible, for both students and teachers. The WizIQ Learning Marketplace enables students to choose from courses offered by thousands of instructors. Educators and organizations can create comprehensive quality online courses – with live classes or self-paced instruction – in no time, and teach any learner or employee anywhere in the world. WizIQ is backed by Bertelsmann SE & Co., which runs Random House, and Kaizen, a private equity fund focused on the education sector.
1The American Society for Training & Development: http://www.astd.org/Publications/Blogs/ASTD-Blog/2013/12/ASTD-Releases-2013-State-of-the-Industry-Report