LONDON--(BUSINESS WIRE)--Technavio has announced the top five leading vendors in their recent global student information system (SIS) market for higher education report. This research report also lists seven other prominent vendors that are expected to impact the market during the forecast period.
|Technavio’s market study analysts forecast the global SIS market for higher education to grow steadily during the next four years and post a CAGR of nearly 13%.|
The need to automate the management of day-to-day information related to students is driving educational institutions to implement SIS. Students use these systems for daily tasks such as registering for courses and classes, viewing their grades, and accessing transcripts. Faculty uses these systems to view their teaching schedules, submit final grades, and access academic information related to students. Administrators use SIS to automate various manual processes such as data entry. Educational institutions can enhance their strategic initiatives by using data drawn from built-in analytics of SIS.
Competitive vendor landscape
The global SIS market is expected to show moderate growth during the forecast period. A large number of higher educational institutions are adopting on premise as well as cloud-based SIS solutions to effectively manage their student records and meet their strategic goals. The market has become fragmented due to the entry of a large number of vendors with no clear leader in terms of market share. Vendors are capitalizing on growing trends of cloud computing, along with providing training, consultancy, and support to administrators at higher educational institutions for effective implementation of these systems in colleges and universities.
“Due to the rise in maintenance, personnel, and infrastructure costs, along with increased requirements in institutions to support non-traditional learning, many institutions are re-evaluating the various deployment models available to support institutional requirements with reduced budgets,” says Jhansi Mary, a lead education technology analyst from Technavio.
Institutions are investing in these systems to ensure that there is transparency in their procedures and essential documentation. The data collected is further fed into analytical tools, such as learning analytics and visual analytics software, to help administrators and faculty in their decision making.
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Top five SIS market vendors for higher education
Campus Management has established its presence in the education technology sector with its software solutions for higher educational institutions. It caters to various higher educational institutions consisting of 4-year private colleges, 4-year public colleges, community colleges, career and technical schools, graduate and professional institutions, proprietary institutions, as well as institutions offering online higher education. In the SIS market for higher education, the company offers its product CampusNexus Student, which is powered by CampusVue.
Ellucian has established its presence in education technology sector with its higher education ERP tool Banner.
In April 2016, the company introduced Ellucian Ethos, a new technology platform for campus modernization and innovation. This tool aims at enhancing the company's entire portfolio of on-premise, SaaS, and blended solutions.
Jenzabar serves private and public institutions, online institutions, specialized schools, and various associations and organizations. The company supports around 1,000 campuses globally. It has an operational presence in the US and Ireland.
Oracle offers a broad range of SIS that are used by colleges and universities throughout the world for efficient management of students. Its solution offerings for the market includes Oracle Student Information Analytics, PeopleSoft Campus Solution, and Oracle Student Cloud.
Unit4 focuses on providing innovative solutions to education sector to leverage student information management that enable acceleration in institutional growth, achievement of student success, institutional effectiveness, and delivery of research excellence.
The other prominent vendors are:
- ComSpec International
- ITG America
- Tribal Group
Browse Related Reports:
- Global Cloud Computing Market in Higher Education 2016-2020
- Global Higher Education Game-based Learning Market 2016-2020
- Global Higher Education Market 2016-2020
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