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– Emeritus ranks first in TIME magazine’s ‘World’s Best EdTech Companies in 2024’ ranking
Emeritus leads the way among educational technology companies, standing out for its strong financial performance, global impact and significant industry influence, as recognized by TIME magazine
MUMBAI, India, May 1, 2024/PRNewswire/ — Emeritus, a global leader in providing high-quality accessible and affordable education, has been ranked the world’s number one educational technology company by TIME magazine’s inaugural ranking “The World’s Best EdTech Companies of 2024.” This recognition recognizes Emeritus’ significant impact on the global educational landscape and its commitment to providing high-quality online education.
The top ranking highlights Emeritus’ remarkable growth and impact through its continued innovation in the landscape of high-quality online education around the world. Emeritus witnessed a staggering 75% growth over the previous year, putting the company far ahead of its peers. Offering a wide range of courses from prestigious universities around the world including Cambridge University, Harvard Business School, University of Pennsylvania, MIT Sloan, Indian Business School, Indian Institutes of Management ( IIM), the Indian Institutes of Technology (IIT), the University of Western Australia, John Hopkins, NTU Singapore, Carnegie Mellon, UC Berkeley Executive Education, INSEAD, Wharton Executive Education, among others. Emeritus has empowered students in more than 80 countries. This TIME Magazine top spot comes just after the Emeritus success story recently became a Harvard Business School case study.
Announcing this milestone, Ashwin Damera, Co-Founder and CEO of Emeritus, said: “We are honored to be recognized as the world’s leading educational technology company by the prestigious TIME magazine. We dedicate this feat to the entire Emeritus team and its dedication to constantly raising the bar, as well as the unwavering commitment of our students and partner institutions around the world. Chaitanya and I embarked on this journey with the bold ambition of breaking down the barriers to high-quality education. transformative impact of our work and inspires us to continue to innovate and expand our reach.”
TIME magazine, in collaboration with Statista, evaluated edtech companies based on a comprehensive framework. Factors for evaluation included the company’s financial strength and impact on the industry, as well as revenue, employee growth and financing data. The industry impact was assessed based on the quality and scope of the company’s offerings, intellectual property portfolio, and user base. Emeritus’ exceptional performance on all of these criteria propelled it to the top spot.
TIME and Statista’s global ranking also reflects the enduring importance of online learning in today’s industry landscape. This means growing demand for high-quality, accessible learning opportunities that serve working professionals looking to advance their career.
About Retirement
Emeritus is committed to teaching the skills of the future by making high-quality education accessible and affordable to individuals, organizations and governments around the world. To this end, he collaborates with more than 80 top-level universities in the United States, Europe, Latin America, Southeast Asia, India and China. Emeritus short courses, degree programs, professional certificates, and senior executive programs help people learn new skills and transform their lives, businesses, and organizations. Its unique model of cutting-edge technology; curricular innovation; and hands-on instruction from top-level teachers, mentors and coaches has educated more than 350,000 people in more than 80 countries. The Emeritus Group has more than 1,750 employees worldwide with offices in Mumbai, New Delhi, Shanghai, Singapore, Palo Alto, Mexico City, New York, Boston, London and Dubai. The company is backed by the Chan Zuckerberg Initiative, Leeds Illuminate, Prosus Ventures, GSV Ventures, Peak XV, Bertelsmann, CPPIB, Accel and SoftBank Vision Fund 2. For more information, visit www.Emeritus.org.
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