World’s High EdTech Firms of 2025 Methodology

For the second time, TIME is awarding the World’s High EdTech Firms 2025, in partnership with Statista, a number one worldwide supplier of market and client information and rankings. The results of this quantitative examine: 350 corporations devoted to the event and provision of instructional applied sciences, encompassing each services and products. This is how the winners have been chosen.

Methodology

The analysis mission “World’s High EdTech Firms 2025” is a complete evaluation performed to determine the highest performing EdTech corporations in the US. First, corporations needed to primarily give attention to creating and offering instructional applied sciences, merchandise, or providers. The 350 corporations with the best rating have been awarded as “World’s High EdTech Firms 2025.”

The rating is constructed on two pillars: monetary power and business impression. Statista gathered and scrutinized information from over 7,000 corporations by way of desk analysis, on-line utility varieties, and collaborations with different information and market intelligence corporations. An organization obtained scores in every of those dimensions, which have been then mixed into an total rating.

For the primary dimension, monetary power, Statista analyzed income, worker, and funding information, obtained from publicly obtainable sources like annual studies, firm web sites, by way of media monitoring, and through databases. Moreover, firm disclosures submitted through a web-based utility kind, which was freely accessible through the TIME web site, have been thought-about.

For the analysis of the business impression, Statista cooperated with HolonIQ and LexisNexis® Mental Property Options to evaluate corporations in numerous impression dimensions, encompassing elements similar to:

• high quality and impression of their product/service portfolio
• amount and worth of an organization’s IP (mental property) portfolio

As well as, Statista researched numerous metrics round internet visitors, to evaluate the relevance of the services and products to the respective goal teams.

The analysis course of concerned assessing all related corporations inside the international EdTech sector that exhibited above-average efficiency on monetary metrics of their geographical area. Subsequently, the choice was narrowed down to incorporate solely these corporations that not solely excelled financially but additionally demonstrated important business impression inside their particular classes. This choice course of allowed us to ascertain our remaining rating of the World’s High EdTech Firms 2025. As soon as the info was collected and evaluated, it was consolidated and weighted inside a scoring mannequin. The ultimate rating was calculated as follows: 70% x monetary power rating + 30% x impression rating. The businesses with the best rating have been awarded as “World’s High EdTech Firms 2025” by TIME and Statista.

Alongside the listing of 350 high EdTech corporations, Statista and TIME are additionally publishing a “Rising Stars Rating” highlighting the businesses with the best income development charges over the previous three years out of those that submitted firm information through the net utility course of.

Utilized standards:

• firm age 10 years and youthful
• minimal income of 1 million U.S. {dollars} in 2022
• income development price of greater than 20% during the last three years
  

Disclaimer
The number of the businesses and the definition of the analysis standards have been primarily based on impartial journalistic standards of TIME and Statista. The analysis was carried out by the statistics and market analysis firm Statista. TIME and Statista make no declare to the completeness of the businesses examined.

The rating solely consists of corporations that qualify in accordance with the factors described on this doc. A place within the rating is a constructive recognition primarily based on analysis of publicly obtainable information sources on the time and data obtained through an utility course of and thru collaboration companions.