slides presentation o10tct innopitch 2014 (lucas wong)
DESCRIPTION
Presentation for Innopitch 2014 by Lucas Wong for o10tct.TRANSCRIPT
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Unconvention Innopitch
European Young Innovator of the Year 2014
Lucas Wong, Leuven, 31/08/2014
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Video-chat service providing authentic and personalized
language learning experience.
Putting theory into practice
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The problem
Frustration because of the lack of Interactive Learning , memorization
Too much distraction while trying e-learning solutions
Specific personal needs with a deadline
Easy access to high-quality coaches
Immersive feedback fades away
Need for
Appreciative Engagement to break through the frustration barrier
Effective learning of sub skills
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Solution
Video-chat platform which provides:
Rapid skill Acquisition
Interactivity : clickable fields during video
Learning-analytics : clicks are stored as data and visualized in smart report
Relevant and fast feedback loop : instant transformation of progress in trend charts
Personalized approach : highlighted individual working points become notification
Engagement : 1 on 1 authentic coaching experience
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Business Model
Yearly subscription fee
Still needs to be fine tuned after pilots in # EU countries
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Competitive advantage
Focus on rapid language speech skill acquisition versus credentialing
Tailored to personalized needs, targets and daily digests
Follow up on progress towards deadline
Relevant and engaging learning experience through
Interactivity, clickable audit within the video-chat window
Personalized feedback loop of past sessions, shared with different coaches
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Competitors’ differentiation
Language Learning Competitors are mainly
Start from point of view of teaching and focus on knowledge transfer, not learning and practicing for proficiency
Focus on learning the language theory whereas o10tct aims to help people practice and train their skills
Are too static: learning experience is not tailored to individual needs of the user
Are not engaging enough: personalized coaching is needed for further motivation
Integration of CRM systems and monitoring by higher organization makes a specific goal within a set timeframe.
Learners corpus to benchmark and retrieve most common difficulties in group
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Future plans
On the lookout for initial funding of 250,000 euros (of which 50,000 euros already personally invested in functional alpha-
prototype)
Testing in collaboration with OCMW Gent, Brussels and Antwerp
Develop and test beta-prototype
Gather feedback from test-users in different countries
Create more value for unemployed, non natives over the whole European Union
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Team
Joris Swinnen: T-Shaped generalist, passionate about languages and multimedia. Chief Learning officer passionate about communication, e-learning and webRTC.
Kristof Taveirne: Software architect, software developer, business analyst and business developer active for 5 years at Ghent University and 4 years as IT consultant.
Lucas Wong: Networker, PR and marketing. Optimistic entrepreneur and Startup Grind Brussels Chapter Director.