Pearson

Description

Pearson plc is a leading publisher of books and is into educational books. The company publishes higher education and professional training books and have presence in almost 200 countries. Broadly, the company caters to countries, such the United Kingdom, Europe, United States, Asia-Pacific, Canada, and others. The group is also provider of educational evaluation services and provides a platform for online teaching service, which has become very important in the present situation of pandemic.

The company was founded by Samuel Pearson in 1844. The company was initially started as a building and engineering company. Later, it started creating study material for the people who wanted to learn as per their requirements.

Past many years, the company has been developing a digital platform for providing education. This includes artificial intelligence products, online assessment modules and much more. The company has been the leader of new thinking and innovations, which have helped the company in becoming a market leader in the learning sector and constantly grow. Pearson has already developed the latest and advanced technology and concrete infrastructure that is required to offer highest quality content, digital products and online assessment modules to the customers or students all over the world.

Pearson has created three pillars as part of their Sustainable Business Plan 2030. This includes Learning for Everyone, Learning for a Better World, and Leading Responsibly. The company has identified the focus areas in order to set targets for themselves. It has been testing every new product and resources, analysing them by questioning its effects in order to be sure that they help them reach the set sustainability goals. The company has created these pillars to be 100% aligned with the UN’s Sustainable Development Goals, which has committed to provide education to all by 2030.

The global market for education and learning is very dynamic and is growing at a faster pace. By 2030, the industry is expected to be more than £7 trillion, which represents a 40% growth from £5 trillion today. There are many reasons responsible for the immense growth, this includes a growing global middle class, the ubiquitous nature of technology and digital push to education. The company is trying to help people who want re-skill and upskill themselves for their jobs. In addition, the company wants to help in filling up the global workforce skill gap by offering online, virtual learning modules, and more during the time of pandemic.