Desire2Learn, Inc., a Kitchener, Ontario-based company that makes educational software applications, has acquired Degree Compass, a predictive analytics technology for students. Desire2Learn was backed with C$80 million in funding by OMERS Ventures and New Enterprise Associates in September, 2012, the largest Canadian software deal in over a decade.
Desire2Learn Incorporated (“Desire2Learn”), a leader in providing innovative learning solutions, announces the acquisition of Degree Compass™, a predictive analytics technology that helps students select the courses to take that will drive the successful completion of their degree program. By predicting student success based on rich graduate data and current student data, the Degree Compass acquisition strengthens Desire2Learn’s robust analytics offering by providing colleges and institutions with technology that increases graduation rates.
The Degree Compass application increases student success by:
•Providing students with academic advice from the very first day of school;
•Monitoring progress and offeringongoing personalized course and degree path recommendations;
•Reducing time-to-degree with better course selection.
The National Center for Higher Education Management Systems (NCHEMS) reported that 55 percent of US students graduate from a post-secondary institution. After the freshman year of study, just 77 percent of those students move on to their sophomore year. According to Complete College America, 60 percent of full-time undergraduates take approximately 8 years to achieve a 4-year bachelor’s degree. Degree Compass deploys predictive analytics to help address these staggering statistics: “Degree Compass is transforming the higher education student experience,” said Desire2Learn CEO and President John Baker. “Using predictive models to determine ideal curriculum and the quickest path to degree completion, Degree Compass is a game-changer that will help guide students to academic success.”
Developed by Dr. Tristan Denley and Austin Peay State University, with a $1M grant from the Bill and Melinda Gates Foundation and Complete College America, Degree Compass is a web-based, personalized course recommendation and academic advisement application. The technology helps students select course curriculum, choose a “Major” and select programs that are most suited to their academic talents. Research from Complete College America shows the average student takes 20 percent more courses than required to fulfill their degree requirements so distilling hundreds of course-offerings into a personalized curriculum reduces the time necessary to achieve a degree and greatly optimizes a student’s chances of graduating.
“Degree Compass has helped institutions such as Austin Peay State University increase graduation rates,” said Tristan Denley, provost and vice president for Academic Affairs, Austin Peay State University. “We are excited to work with Desire2Learn to enable students all over the country to have access to that same personalized advice.”
Desire2Learn’s Degree Compass product will be generally available spring 2013.
1 NCHEMS – (55%, 2009)
3 NCHEMS – (77%, 2012)
3 Complete College-America (Time is the Enemy, 2011)
Desire2Learn is helping to transform the way the world learns. Providing the next generation learning environment and solutions to engage and inspire lifelong learners, Desire2Learn helps clients break down barriers to access the highest quality learning experiences, and is recognized for its leadership in accessibility. Desire2Learn is a global leader in cloud (SaaS) based learning solutions and provides an open and extensible platform to over 700 clients and over 8 million learners in higher education, K-12, healthcare, government and the corporate sector, including the Fortune 1000. Desire2Learn has personnel in the United States, Canada, Europe, Australia, Brazil and Singapore. For more information or to contact us, visit: www.Desire2Learn.com.
Director of PR
D2L Ltd., on behalf of Desire2Learn Incorporated
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