RevTech for Higher Education
Data-Driven Revenue Growth in Higher Education
Higher education is a world in flux: online learning has presented an array of indirect and direct competition. Driving revenue is now a neck-and-neck race for the finish line (or the Fall start date) - more and more students seek alternative higher education routes, and traditional institutions seek to innovate to attract this option-rich generation.
But innovation is difficult when legacy systems restrict revenue insight, and digital revenue channels (online learning) are a puzzle complemented by digital media channels (online marketing).
RevTech enables growth for higher education institutions by integrating with any technology stack in place for tracking student engagement, enrollment and transaction. RevTech then incorporates marketing efforts, and leverages machine learning to analyze opportunities for sustainable, long-term revenue growth.
Why is Data-Driven Revenue Growth Imperative for Higher Education Institutions?
Higher education institutions that do not innovate will not make it the economy of tomorrow. But data-driven revenue growth - the approach enabled by RevTech - presents a no-nonsense means for understanding existing routes-to-revenue, and identifying opportunities for acquiring students, and winning hearts and minds.