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Sanjeev Mansotra on Digital Revolution in Africa: Unveiling the Potential for Growth and Innovation
Africa, sometimes called the "dark continent," is currently experiencing a digital revolution that is altering how people live, work, and interact. The African continent is embracing the digital era and unlocking its potential for prosperity and creativity because of technological advancements and improved internet connectivity. According to Sanjeev Mansotra digital technology, including computers, applications, and machine learning, presents new possibilities for individuals, companies, and occupations. This shows that having access to the Internet in African nations boosts employment and lowers poverty.
The broad adoption of mobile technology has been one of the main forces behind this digital revolution. In Sub-Saharan Africa, smartphone use will rise to 87% by 2030 from 51% in 2022, predicts the Global System Operators and Manufacturers Association (GSMA) report "The Mobile Economy 2023," which was published on February 27, 2023. “By incorporating AI into banking, education, health care, and many other industries, Africa has a significant opportunity to make its mark on the digital revolution and advance the digital culture there”, asserts Sanjeev Gandhavraj Mansotra.
One such invention that is altering the financial environment in Africa is mobile money. Mobile money platforms have developed as a substitute for traditional banking services, making it possible for people to send and receive money, pay bills, and access financial services via their mobile phones. Traditional banking services are inaccessible to many Africans. Millions of formerly unbanked people now have access to financial services, boosting the economy and lowering poverty.
In Africa, the digital revolution is changing entrepreneurship and education. The education gap is closed, and African youth are given more power thanks to e-learning platforms and online courses. In industries including fintech, e-commerce, health tech, and agritech, African tech startups are on the rise, utilizing technology to address regional issues and raise living standards. As per Sanjeev Mansotra’s core education analysis African government must adopt the growing digital culture, whether it is about AI in education, banking healthcare, or fintech, the continent must educate itself with digital literacy as today’s era is completely transforming into digital aspects.
The digital revolution is also making it easier to access necessities like healthcare. To receive medical advice and consultations without having to travel, telemedicine platforms connect patients with doctors virtually. Bridging the gap between isolated people and healthcare experts is especially important in rural areas with few healthcare facilities.
Africa's digital revolution is not without its difficulties. Obstacles including the digital gap, a lack of infrastructure, and cybersecurity issues must be addressed. However, there is a tremendous opportunity for growth and innovation if firms and governments invest in digital infrastructure and regulations.
In Africa, the digital revolution is leveling the playing field, empowering people, and opening new avenues for social and economic advancement. As Africa uses technology to its advantage, it will soon dominate the digital economy and serve as a powerhouse for creativity and innovation. Africa's digital revolution is paving the way for a better future by creating a connected, thriving continent that is equipped to meet the challenges of the twenty-first century.
#education#sanjeev mansotra#technology#digital revolution#digital economy#innovation#digital growth#growth#sanjeev#mansotra#africa
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Africa’s social infrastructure sectors are on the brink of a transformative revolution, thanks to the visionary efforts of Sanjeev Mansotra.
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Sanjeev Mansotra - AI to Empower Africa's Future
It is crucial for the academic curriculum of Africa to adapt and incorporate courses, a generous requisition by Sanjeev Mansotra, Planet One Group mentor, that provide students the information and skills they need to flourish in the AI-driven world as the development of AI continues to transform numerous industries, including education. To prepare pupils for the age of AI, the following topics must be taught in African academic curricula:
1: Computer science and programming- Sanjeev mansotra’s core education affinity, he comprehends that the basis of AI technology is computer science and programming. Early exposure to these topics in the curriculum enables students to comprehend the underlying concepts of machine learning models, coding languages, and AI algorithms.
2: Analytics and data science- AI uses data to train and make decisions. Students will learn how to gather, analyze, and interpret data through the teaching of data science and analytics, which is essential for creating and utilizing AI systems.
3: Ethical AI and Responsible AI Use- By including ethics and responsible AI use into the curriculum, it is made sure that students are aware of the ethical issues that arise with the use of AI technology and the significance of utilizing AI responsibly while maintaining privacy, fairness, and bias avoidance.
4: AI and Robotics- AI & Robotics is on top of the list of Sanjeev Gandharaj Mansotra. Teaching students about AI and robotics offers insights into the convergence of these technologies and fosters a knowledge of how robots and AI-driven technology are revolutionizing industries.
5: Mathematics and Statistics- The algorithms and models used in AI depend heavily on mathematics and statistics. Students will be better able to understand the basic concepts of AI if their statistical and mathematical skills are developed.
6: Critical thinking and problem-solving- AI enhances human problem-solving abilities. The capacity of students to recognize problems and come up with original solutions utilizing AI and other technologies is improved when problem-solving and critical thinking are included into the curriculum.
7: Business and Industry- By introducing AI in the context of business and industry, educators can help students comprehend how technology is changing the nature of employment and the economy.
8: AI and Data Privacy- As AI and data collecting grow more prevalent, it is important to understand data privacy and security. Students can better understand the challenges of data security in the digital era by including AI and data privacy in their curriculum.
African academic curriculum that includes these topics will provide students with the knowledge and abilities needed to embrace AI's promise and productively participate in the AI-driven future, says Sanjeev Mansotra, Dubai based businessman. Africa can position itself to take advantage of the numerous benefits that AI presents while also addressing possible obstacles and guaranteeing ethical AI adoption by providing the future workforce with AI literacy and expertise.
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Sanjeev Mansotra's Take on Education Due to Coronavirus
Access to Education Technology is very important in today's time and one of the biggest barriers is their availability, reliability, and cost of mobile data in many developing nations. Read more on how Sanjeev Mansotra looks at education in the developing world.
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Sanjeev Mansotra on Incorporating Artificial Intelligence into Educational Programs
http://dlvr.it/RLgcNM
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Sanjeev Mansotra, Chairman & Global CEO, CORE Education & Technologies Ltd
Sanjeev Mansotra, Chairman & Global CEO, CORE Education & Technologies Ltd is a first generation entrepreneur who founded CORE Education & Technologies Ltd. (CORE) in 2003. Mansotra’s ability to forge strategic alliances with key partners across the globe has led to the bringing in of prestigious global education organizations like the University of Oxford; Centre of Higher Learning, NASA; Texas Instruments; East Valley Institute of Technology, Arizona into India. His unique understanding and skill in working with Government bodies have seen CORE form credible long term associations with Governments of the USA, UK and India among many others. Mansotra’s strategic vision has today resulted in CORE emerging as India’s largest global education leader present across the entire continuum of education – K-12, Higher Education, Skill Development. Mansotra is also the Chairman of the CORE Group which, apart from Education, consists of successful business entities across the globe in Wellness, Energy and International Business.
CORE Education & Technologies Limited is India’s largest global education company that has presence across 18 states in India, 46 states in the US, 40 LEA and institutions in the UK, 8 African and 3 Caribbean countries. We enable the creation of a better future across the globe by providing transformational and innovative solutions for the entire education continuum of K-12, Employability Education and Higher Education.
Replying to Anil Mascarenhas of IIFL, Sanjeev Mansotra says, “Our global order book as of 31 March 2012 stood at about US$ 220mn with India contributing roughly about US$ 120mn.”
Brief us about your business model. Explain to us your presence in the education space. Core Education & Technologies Ltd is India’s leading global educational continuum, listed in BSE and NSE with headquarters in Mumbai, and international head quarters in Atlanta and London. CORE is an end-to-end, technology-enabled education solutions provider that aims to transform the education spectrum that covers Pre-K, K-12, Higher Education and Vocational Education. CORE’s 95% of revenue were derived from US, UK, African and Caribbean countries with increasing focus on Indian operations which contributed 4% in FY12. CORE has a presence in 15 countries with 36 offices across the globe.
Give us an overview of the education sector. What is the size and what growth rates is the industry witnessing? Governments around the world are currently faced with unprecedented challenges in educating and preparing their populations to compete in the global marketplace of the 21st century.
The overall education market on a global basis amounts to US$ 2.2 trillion in which CORE is focused on key developed markets such as USA ($ 750 bn), UK ($ 60 bn) and have started focusing on emerging markets such as India ($ 40 bn), Middle East ($ 67 bn) and endeavors to serve as a vital partner to both the public and private sectors through its delivery of highly-effective, technology-based solutions that track and assess students’ academic progression as well as teaching effectiveness.
We have already marked our Pan India presence. We are working with various state governments such as Haryana, Maharashtra, Gujarat, Jharkhand, Nagaland, Karnataka, Assam providing various solutions in advanced technologies and education governance space. We have a significant presence in developed economies such as USA and UK and have entered into strategic partnerships for our business growth. In US, we have a presence in 46 states out of 50 while in UK we are present in 40 counties with a network of about 1600 schools. Apart from that, we are present in two Caribbean countries and seven African nations.
Which are the various segments you cater to? How is the revenue pie distributed? The company provides a wide range of products and solutions spanning across various stages of education, covering K-12, Higher Education and Vocational Training. CORE’s business is aligned across six key elements of education delivery that are designed to present CORE’s customers with a comprehensive, end-to-end solution viz – * Teaching * Learning * Assessment & Intervention * Governance * Advanced Technologies and * Consulting Solutions What are the enabling factors that will help CORE build new paradigms in Education? Enabling factors for CORE can be identified as follows – * Unprecedented global need for more effective and accessible education solutions creating massive market opportunity * Comprehensive platform providing economies of scale * Significant focus on research augmented product innovation & development * Strategic partnerships driving industry leading content and innovation * Cost efficient onsite off shore delivery model * Strong and focused management team What is the current order book? Our global order book as of 31 March 2012 stood at about Rs. 1100 crore (US $ 220 million) with India contributing roughly about Rs. 600 crore (US$ 120 million) and balance contributed by other geographies.
Brief us about your capex plan? How would they be funded? We do intend to focus on our Advanced Technologies business in emerging markets and will continue to make investments in product development to augment our growth with a adequate mix of debt and equity
Tell us about your financials? What is the outlook? CORE has exhibited robust top-line growth with historical revenue CAGR of 33% from FY 2009 – FY 2012 as well as significant operating leverage as EBITDA margins has expanded by 6.9% over this timeframe. CORE’s scalable business model has been driven by the Company’s ability to leverage its on-site-offshore model in the midst of integrating various acquired businesses. In addition, the Company’s track record of successful student outcomes has translated into a highly stable and recurring revenue base. This dynamic has led to high levels of visibility for future revenue from CORE’s existing client base as well as creating a reputation for CORE as a trusted partner in an industry that relies, in part, on customer referrals when chasing new business.
You have done a number of acquisitions over the years. Have you managed to successfully integrate them? Any further inorganic plans? In which segments? CORE has carried out as many as 12 successful acquisitions in the past 7 years. It acquired US$ 35mn UK-based education firm ITN Mark and completed 3 FCCBs of USD 12.25 mn, US$ 80mn and US$ 75 mn respectively in past 5 years. CORE Education also bagged one of India’s biggest education advanced technologies projects worth Rs. 295 cr.
As a result of the CORE’s successful track record of strategic acquisitions, it is regularly approached to consider new acquisition opportunities and proposals and is frequently invited to bid for particular assets. CORE intends to continue evaluating acquisition opportunities and proposals as they arise and may act rapidly to pursue attractive future opportunities.
What would be your suggestions to the government to improve education in our country? India needs significant quality improvement in education and hence governments at all levels should encourage PPP through initiatives like infrastructure support, tax breaks, co-funding of local IP creation and facilitate capacity building of industry manpower.
Quality improvement is the major area that needs to be given more focus. Government of India has an agenda of Access, Inclusion and Quality in education hence equal amount of weightage should be given to all these three and it can be achieved only through ICT and through PPP model.
Also, government should be open to create more IT driven accountability frameworks with PPP so that planning & outcomes are transparent to all stakeholders.
How difficult is it for a new entrant into this business? What are the entry barriers? This sector is highly regulated by various regulatory bodies, Central and State Govt., were policies and frameworks are laid and it takes its own course to get implemented. Further, Education is also considered at Social Subject in India, so, expertise and domain knowledge in the field is required and it takes years to learn and build.
Education is dynamic in nature, constant innovation on product and solution front is required in the sector to address the sector and its demand.
Profitability is also a key issue for serious players who came into the segment with long term outlook and sustainable solutions. CORE has worked with various governments of the most developed and challenging markets such as USA and UK and our experience & expertise from these tested markets for building innovative products and solutions come handy for India markets. All these offerings are accessible and can be adapted, applied and scalable to the needs of Indian markets. Thus, we attempt to build cost advantage compared to other players.
What is the future of education likely to be in terms of delivery in the coming years? Education customers are showing great deal of trust on IT based & output driven products & solutions, and we have seen various states adopting cloud based solutions, Software as a Service (SaaS), Platform as a Service (PaaS) in their operations & we expect these demands to grow to next level.
Output driven solutions at various government and private sectors will play a major role, where return on investment is guaranteed and it can be achieved without hampering the quality education. CORE’s plans to push its globally successful products and solutions like Assessment (which assesses a student’s progress in class), MIS (to keep track of schools day to day operations and expenses), School Quality improvement programme (aims to improve teacher’s teaching quality in schools and teacher training), E-Governance initiative like Child Tracking System (CTS, which creates Unique ID for every child in school covering entire state) etc., in Indian market.
Comment on the major alliances you have and what do they bring to the table? CORE also has some prestigious global partnerships for building new paradigm in education. Company’s alliance with University of Oxford for teacher capacity building focuses on assessing teacher enhancement, developing training & intervention modules and create content. Company has also entered into a partnership with the Centre of Higher Learning at NASA, for cutting-edge Immersive 3D Visualization technology. CORE will bring modern 3D immersive learning by simulating real life experience for complex subjects on topics that are difficult for students to grasp, learn, experience and then apply.
Further under vocational training segment, CORE has an agreement with East Valley Institute of Technology (EVIT), an Arizona based non-profit public school, to develop a high quality CTE curriculum (including virtual and non-virtual coursework) as a part of “Core Careers” (a technical education program for high school and post-secondary education in online and physical environments).
These initiatives are in line with the strategic focus of CORE to offer holistic and integrated Global Education Solutions through a single window.
Do you hire from B-Schools? What is your message to B-School students to become job-ready? We definitely hire from leading B schools of the country. All B schools students should take industry training/internship very seriously to become ready for their future jobs.
What would you describe as your key differentiators? CORE’s biggest differentiators are its vast international expertise and its end-to-end education solutions spanning both the front & back end of the education business – which is unmatched by any other player in the sector today. Unlike other Indian education companies, CORE has worked extensively with governments from across the world in building solutions to support the highest standards of education. We have built strong domain knowledge in the education sector, having product suites providing end-to-end solutions to education institutions, to manage various functions of the public education system. As a result, we believe that our end-to-end product offerings increase customer satisfaction, and hence increasing CORE’s revenue stickiness from existing clients.
Global Delivery Model Headquartered in India, we provide substantial cost advantage to our subsidiaries in US and UK, delivering quality solutions to our clients from multiple locations.
Aggressive growth strategy CORE’s strategy has been to acquire companies which have IPR-led products and are available at 1-1.2x TTM sales, and are in the early stage of business, are cash strapped and finding it difficult to grow on their own.
We have retained the core management teams of most of our acquisitions so as to benefit from the domain expertise and to leverage existing client relationships. CORE has successfully integrated the businesses and the personnel of the acquired companies, to ensure a smooth amalgamation of the offerings and the services for the education community.
With the world class array of products and solutions, coupled with domain knowledge, we are all set to penetrate developing markets like the Middle East, Africa and Sri Lanka.
Add Research Augmented Product Innovation & Development global RAPID – for global markets. Company remains focus in creating IP that helps us differentiate from conventional competition. Examples of item bank development in New Jersey, special education solutions from Atlanta office, teacher learning platforms from oxford, STEM solutions from Mumbai.
What is your shareholding pattern? Around 47% is held by Promoter Group entities with 27% held by institutions and balance held by general public with a market capitalization of about $ 600 mn as of date.
from JournalsLINE http://journalsline.com/2017/05/25/sanjeev-mansotra-chairman-global-ceo-core-education-technologies-ltd/ from Journals LINE https://journalsline.tumblr.com/post/161073042575
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Advancing Women in Africa: Challenges and Opportunities - Sanjeev Mansotra
The problem of gender equality and women's empowerment has received a lot of attention recently on a global scale. While there has been improvement in some areas, there are still significant obstacles for women in Africa to overcome to advance in a variety of societal domains. Despite these difficulties, Africa still has a chance to use its women's potential to promote sustainable development. According to Sanjeev Mansotra's perspective, a woman's ability to advance is most hampered by her lack of access to education. To remove this barrier and to advance women's education, the government and international NGOs must actively participate and make sizable investments in education with a focus on African women.
More than 47 million girls (about twice the population of New York) in sub-Saharan Africa lack access to a basic education, according to the latest statistics. This not only hinders their potential and personal growth but also feeds the cycle of inequality and poverty. African governments and international organizations need to make investments in girls' education a priority, guaranteeing their access to quality education and eradicating obstacles such as early marriage and cultural biases.
Regarding the advancement of women in Africa, think that there should be a complete halt to the stereotypical mentality of society toward women, especially in rural areas that causes girls to stop attending school from an early age. Cultural barriers must not obstruct a girl child's educational journey, and society must create a positive mentality towards educating a girl child. The government must educate all segments of society, with a concentration on rural areas, and undertake awareness campaigns centered on "Educating a Girl Child," he continues, to reach this milestone.
Limited economic opportunities for women in Africa, primarily working low-paying jobs with limited benefits, hinder their independence and family contributions. Governments and private sectors should focus on inclusive policies, entrepreneurship training, and increased finance access.
In Africa, gender-based violence and discrimination are rampant because of cultural and social norms that are built on patriarchal institutions. To achieve gender equality, governments, civil society, and local leaders must oppose these conventions. Opportunities for increasing women's rights and empowerment are presented by Africa's young population. Women can be empowered by making investments in their health, education, and professional growth. For sustainable development, international organizations like the African Union and the United Nations place a high priority on gender equality.
According to Sanjeev Mansotra, advancing women in Africa necessitates tackling current issues including restricted access to education, limited economic possibilities, and discriminatory practices.
By concentrating on these issues, Africa can realize its full potential and enable women to contribute to the social, economic, and political advancement of the continent. Africa can pave the road towards being more inclusive and affluent with the help of coordinated initiatives from governments, civil society, and the international community.
#education#sanjeev mansotra#business#social work#women advancement#motivation#inspiration#blog#article#women development#africa
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Sanjeev Mansotra is an acclaimed educational mentor integral to multiple educational and national building projects across Africa. He is currently a senior mentor to Planet One Group. For more information, visit: https://sanjeevmansotra.com/
#africa#sanjeev mansotra#education#sanjeev mansotra dubai#sanjeev mansotra africa#business#sanjeev mansotra planet one group
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https://www.business-standard.com/content/press-releases-ani/sanjeev-mansotra-on-revolutionizing-education-sector-of-africa-with-the-power-of-ai-123080300619_1.html
African education might undergo a revolution with the aid of artificial intelligence (AI), which can solve major problems and generate game-changing chances for growth and learning asserts Sanjeev Mansotra.
#sanjeev#sanjeev mansotra#mansotra#sanjeev gandhavraj mansotra#sanjeev mansotra core education#ai#education
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#digital art#sanjeevmansotra#sanjeevmansotracoreeducation#sanjeevgandhavrajmansotra#sanjeevmansotrawife
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How AI can be Used in Educational Programs - Sanjeev Mansotra
The steady increase in classroom sizes has made it difficult for teachers to pay equal attention to each and every student. Here AI can step in, as it is capable of determining the strengths and weaknesses of individuals with regards to how they learn. Find more details on what Sanjeev Mansotra has discussed about the role of AI in education.
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Sanjeev Mansotra Believes Building A Legacy & Driving Positive Change Across The Planet
Sanjeev Mansotra is a serial organizer and philanthropist. He wants to help as a beacon of inspiration to others who, similar to himself. He has hopes and dreams to give something amazing and make a difference on the planet.
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