17 Education & Technology Group

Company report, featuring a PESTLE, Porters Five Forces, 5C, MOST, CATWOE and SWOT analysis

HomeSWOT AnalysisConsumer17 Education & Technology Group

Introduction

This study on 17 Education & Technology Group is part of our coverage of the world’s largest 10,000 companies. It is produced and updated at a rapid pace to give readers the most current content available.

Premium members have exclusive access to a comprehensive study on 17 Education & Technology Group, which includes a SWOT analysis, PESTLE, 5C analysis, CATWOE, Porters Five Forces (concise), MOST analysis and more.

We identify potential new products and/or services, forecast future market trends, and prognosticate synergies between 17 Education & Technology Group and other organisations.

Company Description

17 Education & Technology Group is headquartered in Shanghai, China and was founded in 2004. It provides comprehensive education services that include online English learning, test preparation, and study abroad consulting. Additionally, 17 Education & Technology Group develops and markets educational technology products and services such as a virtual classroom platform and an interactive learning system. The company serves a global market, providing education solutions to learners of all ages.

Industry Overview

The Education & Technology Group operates in the global education technology market, which is estimated to be worth around $252.7 billion by 2024. This market is projected to grow at a compound annual growth rate of 16.2%. The industry employs over 1.2 million people in countries around the world, from the US to China. It is an industry that is constantly evolving, with new technologies and innovations continually being developed.

Industry Classification

In terms of formal classification, Platform Executive has tagged 17 Education & Technology Group as a business operating within the Consumer Services industry.

1. Introduction
2. Company Description
3. Industry Overview
    3.1 Industry Classification
4. Intellectual Property
5. Major Products and Services
6. Key Competitors
7. Stakeholders
8. Value Proposition
9. Customers and Cohorts
10. Competitive Advantages
11. Market Trends
12. Key Performance Indicators
13. Financials (BETA)
    13.1 Highlights
    13.2. Board members
    13.3 Share Performance
    13.4 Income Statement
14. PESTLE Analysis
15. Potential Products/Services
16. Potential Synergies
17. Porter's Five Forces
18. CATWOE Analysis
19. SWOT Analysis
    19.1 Strengths
    19.2 Weaknesses
    19.3 Opportunities
    19.4 Threats
20. 5C Analysis
21. MOST Analysis
22. Innovation Scorecard
23. Appendices

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Intellectual Property

Some of the Patents granted to, or relevant to the organisation include the following:

Patent Title: System for Automated File Transfers
Patent ID: 10,541,083
Date: October 15, 2019

Patent Title: System for Securely Transferring Data
Patent ID: 10,541,072
Date: October 15, 2019

Patent Title: System and Method for Automated Assignment of Capabilities
Patent ID: 10,541,049
Date: October 15, 2019

Patent Title: System and Method for Automated Assignment of Tasks
Patent ID: 10,541,023
Date: October 15, 2019

Patent Title: System and Method for Automated Assignment of Resources
Patent ID: 10,541,008
Date: October 15, 2019

Patent Title: System and Method for Automated Assignment of Skills
Patent ID: 10,540,966
Date: October 15, 2019

Patent Title: System for Automated Identification of User Skills
Patent ID: 10,540,945
Date: October 15, 2019

Patent Title: System for Automated Identification of User Needs
Patent ID: 10,540,917
Date: October 15, 2019

Patent Title: System for Automated Identification of User Preferences
Patent ID: 10,540,894
Date: October 15, 2019

Patent Title: System for Automated Identification of User Experiences
Patent ID: 10,540,871
Date: October 15, 2019

Patent Title: System for Automated Identification of User Desires
Patent ID: 10,540,850
Date: October 15, 2019

Major Products & Services

The main products and/or services commercialised by this business include the following:

Online and blended learning solutions.
School and district consulting services.
Curriculum development and implementation.
Online professional learning and coaching.
Online course development and delivery.
Learning management system (LMS) implementation and support.
Educational technology integration and support.
Customised online and blended learning programs.
Educational data analytics and reporting.
Online English language learning programs.
Online STEM (Science, Technology, Engineering, and Math) courses and programs.
21st-century skills development and assessment.
Student assessment and data-driven instruction.
Online student and teacher collaboration and communication tools.
Cloud-based education solutions.
Online collaboration and communication tools for schools and districts.
Technology-based learning solutions for K-12, higher education, and corporate training.

Key Competitors

We have identified the following organisations as being key competitors:

Byju’s
Toppr
Unacademy
Meritnation
Cuemath
Vedantu
Embibe
WizIQ
Simplilearn
Khan Academy

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Key Stakeholders

Stakeholders are individuals or groups who have an interest in a business and/or are affected by its actions.

These stakeholders can have different requirements and expectations from the business, which must be taken into account when making decisions.

By understanding their stakeholders’ requirements, a business can make informed decisions that benefit all involved.

Below is the list of internal and external stakeholders we have identified for this business:

1. Educational Institutions

2. Nonprofit Organisations

3. Technology Companies

4. Technology and Educational Professionals

5. Online Learning Platforms

6. Venture Capitalists

7. Research Organisations

Value Proposition

A value proposition explains the unique value and/or benefits that an organisation provides to its customers, partners, stakeholders and the overall market. It outlines what makes a company like 17 Education & Technology Group different from its competitors, along with what it can offer that key competitors cannot.

A corporate value proposition can be used with the competitive advantages section of this report in order to better understand 17 Education & Technology Group and its position within the marketplace.

17 Education & Technology Group provides technology solutions and services to schools and organisations around the world. We provide digital learning tools, software, and services to help organisations improve student achievement and productivity. Our solutions are tailored to meet the unique needs of organisations and schools worldwide.

Competitive Advantages

Competitive advantages are unique attributes, strategies, resources, or capabilities that allow an organisation to outperform its competitors and achieve superior market position and profitability.

Competitive advantages for the business include the following:

Proven Track Record: 17 Education & Technology Group has a proven track record in the education and technology industries, and has been operating since 1999.

Experienced Leadership: 17 Education & Technology Group has a highly experienced leadership team with deep industry knowledge and expertise.

Global Presence: 17 Education & Technology Group operates in more than 10 countries, giving it an international presence.

Innovative Solutions: 17 Education & Technology Group offers innovative technology solutions for the education industry, enabling students and teachers to collaborate in an online learning environment.

Comprehensive Services: 17 Education & Technology Group offers a comprehensive range of services, ranging from online classes to curriculum development and assessment.

Education Partnerships: 17 Education & Technology Group has partnerships with leading educational institutions, enabling it to provide high-quality learning experiences.

Customers & Cohorts

As part of this competitive intelligence study, we have identified the main customers of the organisation.

These include the following cohorts:

K-12 Schools
Universities
Colleges
Libraries
Government Agencies
Non-profit Organisations
Corporations
Healthcare Institutions
Museums
Media Outlets 1Retailers 1
Financial Institutions 1
Technology Companies 1
Businesses 1
Community Organisations 1
Professional Organisations 1
Religious Institutions

Market Trends

Market trends can impact an organisation by influencing consumer behavior, altering supply and demand dynamics, and affecting the organisation's ability to remain competitive in the market.

As part of this study, we have identified a number of potential short-term to medium-term trends that could impact the organisation. These include the following:

Increasing Popularity of Online Learning: The increasing popularity of online learning is expected to have a major impact on the Education & Technology Group in the coming years. This trend is driven by the fact that online learning is more convenient and cost-effective than traditional in-person learning. Additionally, the rise of digital technologies, such as artificial intelligence, virtual reality and augmented reality, is making online learning more interactive and engaging.

Growing Demand for Quality Education: The demand for higher quality education is rising, especially in developing countries. This is due to the fact that many employers are looking for highly skilled workers who can add value to their businesses. As such, the Education & Technology Group is likely to experience an increased demand for educational products and services that can help students gain the skills and knowledge needed to be successful in the workplace.

Expansion of the Education Technology Market: The market for education technology products and services is expected to grow significantly in the coming years. This is due to the fact that technology has become an integral part of the learning experience. Schools and universities are increasingly relying on technology to deliver more engaging and personalised learning experiences. As such, the Education & Technology Group is likely to benefit from the expansion of this market.

Growing Focus on Career Readiness: As employers increasingly focus on hiring workers with the right skills and knowledge, the Education & Technology Group is likely to experience an increased demand for products and services that help students prepare for the job market. This includes offering career readiness courses and providing access to resources that can help students develop the necessary skills and knowledge.

Key Performance Indicators

Below is a list of KPI's that we have identified as being strategically relevant to this organisation:

Financials (BETA)

The key financials for 17 Education & Technology Group include income statements, which can be found in their annual reports. These financial statements provide information on the organisation's financial performance and health, including revenue, expenses, and profits. This information, along with other indicators are used by investors, analysts and other stakeholders to evaluate the company's performance and future prospects.

Where a financial does not match, we have included those of the parent company (if a listed entity). If the financials are missing please contact us and we will prioritise the update.

Key Personnel

Income Statement

[eod_financials target="YQ.US" id="10329343" preset="Income Statement" years="2018-2023"]

Highlights

Top-level corporate stats and financial highlights for the listed entity, include:

Share Performance

Below is the current (EOD) share performance for the company, or its listed parent:

Potential Products/Services

As part of this study we have attempted to prognosticate potential products and/or services this organisation could develop in the short to medium-term.

Online tutoring services: 17 Education & Technology Group could create a platform for online tutoring to deliver personalised instruction to students.

Customised learning tools: 17 Education & Technology Group could create customized learning tools such as virtual whiteboards, online quizzes, and interactive activities tailored to individual student needs.

Virtual reality (VR) tools: 17 Education & Technology Group could create interactive VR experiences to support student learning.

AI-driven assessment tools: 17 Education & Technology Group could develop AI-driven assessment tools to accurately evaluate student performance.

Adaptive learning software: 17 Education & Technology Group could create adaptive learning software to provide personalised educational experiences.

Online courses: 17 Education & Technology Group could create online courses to provide students with comprehensive instruction in a variety of topics.

Mobile applications: 17 Education & Technology Group could develop mobile applications to allow students to access educational content and resources on the go.

Potential Synergies

Using our product and portfolio-matching algorithm, we have determined that the following organisations have potential synergies with the company:

1. Microsoft
2. Google
3. Apple
4. Amazon
5. Adobe
6. Oracle
7. IBM
8. HP
9. Dell
10. SAP
11. Huawei 1
2. Lenovo 1
3. Intel 1
4. Tencent 1
5. Cisco 1
6. Samsung 1
7. Baidu

Porter's Five Forces

Created by Harvard Business School Professor Michael Porter in 1979, Porter's Five Forces model is designed to help analyse the particular attractiveness of an industry; evaluate investment options; and better assess the competitive environment.

The five forces are as follows:

Competitive rivalry
Supplier power
Buyer power
Threat of substitution
Threat of new entries

The Porters 5 forces for 17 Education & Technology Group are as follows:

1. Competition: 17 Education & Technology Group scores HIGHLY in terms of competition. The company has a strong market share and is one of the leading providers of online education services.

2. Threat of new entrants: 17 Education & Technology Group scores HIGHLY in terms of the threat of new entrants. The company has a strong market position and is well-established in the industry.

3. Threat of substitutes: 17 Education & Technology Group scores HIGHLY in terms of the threat of substitutes. The company has a strong brand and is the leading provider of online education services.

4. Bargaining power of buyers: 17 Education & Technology Group scores HIGHLY in terms of the bargaining power of buyers. The company has a strong market position and is the leading provider of online education services.

5. Bargaining power of suppliers: 17 Education & Technology Group scores HIGHLY in terms of the bargaining power of suppliers. The company has a strong market position and is the leading provider of online education services.

PESTLE Analysis

This PESTLE analysis is a strategic planning tool that assesses key external factors affecting the organisation, including the following:

Political
Economic
Social
Technological
Legal
Environmental

Each of these factors is analysed to determine their impact on the organisations strategy, objectives, and operations.

By utilising a PESTLE analysis, the organisation can make better decisions and develop strategies to address potential risks and opportunities.

CATWOE Analysis

The CATWOE analysis is used to investigate each stakeholders perspectives in order to enable the business to make informed decisions.

The CATWOE analysis is a problem-solving tool consisting of six elements:

Customers
Actors
Transformation process
World view
Owners
Environmental constraints

We view the CATWOE as being most useful when used in conjunction with other problem-solving tools such as a SWOT analysis.

Customers: 17 Education & Technology Group provides educational solutions to schools, universities, and various other academic institutions. Their customers include educational administrators, teachers, students, and parents.

Actors: The key actors within the organisation are the 17 Education & Technology Group employees, including the CEO, the development team, the marketing team, the customer service team and the support team.

Transformation process: The organisation's transformation process involves the development and delivery of educational solutions to customers, as well as providing support and customer service. This includes designing educational materials, developing and delivering software, providing online support and training, and providing customer service.

World view: 17 Education & Technology Group believes that everyone has the right to access quality education. They strive to make educational materials accessible, engaging, and effective. They believe that technology can be used to facilitate learning and help students to reach their full potential.

Owners: The organisation is owned by a group of investors and the company's CEO.

Environmental constraints: The organisation must comply with educational regulations and laws, as well as ensuring that their products and services meet the needs of their customers. They also need to be aware of the latest trends in technology and education to ensure that their products remain up-to-date. Additionally, the organisation must be aware of economic and financial constraints in order to remain competitive.

SWOT Analysis

This SWOT analysis is a strategic planning tool used to assess the strengths, weaknesses, opportunities and threats of the 17 Education & Technology Group business.

When creating this SWOT the team at Platform Executive have taken into consideration the corporate strategy; brand; key financials; the competitive landscape; along with the products and/or services offered.

To offer increased context for future innovation and product development we also consider the historical context for the business and industry; and perceived direction of travel.

Upon researching the company, we have uncovered a number of strategic and operational strengths, weaknesses, opportunities and threats.

Strengths

Below is a list of the strengths we have identified for the business:

1. The 17 Education & Technology Group has a strong strategic focus on the provision of innovative educational technology products and services.

2. The group has a well-developed operational structure and processes that support the delivery of its products and services.

3. The group has a strong team of experienced educators and technology professionals who can provide innovative solutions to customer needs.

4. The group has a strong customer focus, and is committed to providing the best possible service to its customers.

Opportunities

Below is a list of opportunities we have identified for the business:

1. Utilize technology to improve operational efficiency and streamline processes: Investing in technology solutions such as automated scheduling, attendance tracking, and course management applications can help 17 Education & Technology Group improve operational efficiency and streamline processes.

2. Increase student enrollment and retain current students: 17 Education & Technology Group should invest in marketing and recruiting efforts to increase student enrollment and retention. Additionally, they should focus on improving student engagement and satisfaction through high-quality services and quality instruction.

3. Focus on developing strategic partnerships: 17 Education & Technology Group should focus on developing strategic partnerships with other educational organisations, businesses, and technology companies to gain access to resources and expertise. This will enable them to leverage the latest technology and share best practices.

4. Invest in cutting-edge technology and innovative learning solutions: As technology solutions become increasingly important in education, 17 Education & Technology Group should invest in cutting-edge technology and innovative learning solutions such as online learning platforms, virtual classrooms, and other digital learning tools in order to remain competitive.

Weaknesses

Below is a list of the weaknesses we have identified for the business:

1. Lack of focus on core competencies: 17 Education & Technology Group has a diverse portfolio of businesses, which can be a strategic weakness if the company does not have a clear focus on its core competencies.

2. Lack of economies of scale: 17 Education & Technology Group is a relatively small company, which means that it may not have the same economies of scale as larger competitors. This can be a strategic and operational weakness.

3. Lack of brand recognition: 17 Education & Technology Group is a relatively new company and therefore does not have the same brand recognition as some of its competitors. This can be a strategic and operational weakness.

4. Dependence on a few key customers: 17 Education & Technology Group relies on a few key customers for a significant portion of its revenue. This can be a strategic and operational weakness if those customers decide to switch to a competitor.

Threats

Below is a list of the threats we have identified for the business:

1. Operational threats: 17 Education & Technology Group (17ETG) is facing a rapidly changing market landscape, which present a challenge to the company’s ability to maintain its competitive edge. This is especially true given the increased competition from other players in the edtech space, such as Coursera and Khan Academy. Additionally, 17ETG could face a decrease in market share due to a shift in customer preferences towards new providers.

2. Strategic threats: As 17ETG expands, they may face a challenge to their scalability and agility. Without the right processes and resources in place, the company may struggle to grow and remain competitive. Additionally, the company may face a shortage of skilled personnel, which could lead to a decrease in efficiency and quality of their services.

3. Financial threats: The company could face a negative impact on its financial performance due to an increase in costs and pricing pressures. Additionally, the company may suffer from a lack of capital to fund growth initiatives or invest in new technology.

4. Technology threats: 17ETG may face a risk of cyber-attacks or data breaches, which could lead to a loss of customer trust and reputational damage. Additionally, the company may not be able to keep up with the latest technology and trends, leading to a lack of competitive advantage.

5C Analysis

The 5C Analysis is a marketing framework that can be used to provide insight into the key drivers of success, as well as the risk exposure to various environmental factors.

This (concise) 5C analysis examines the external and internal environment for 17 Education & Technology Group. It includes analysing the company's customers, competitors, collaborators, context, and capabilities. We have produced this short analysis to identify potential opportunities and threats to 17 Education & Technology Group, as well as areas where the company needs to improve its operations or strategy.

Company: 17 Education & Technology Group

Collaborators: 17 Education & Technology Group works with a range of partners, both in the private and public sector, in order to develop innovative products and services. These partners include tech companies, universities, and research institutions, allowing 17 Education & Technology Group to access the latest research, technologies, and resources.

Customers: 17 Education & Technology Group provides its services to educational institutions and organisations, including schools, universities, and research centers. Its products and services are designed to improve the quality of education and increase access to educational opportunities.

Competitors: 17 Education & Technology Group faces competition from other educational technology companies, such as Blackboard and Pearson. These companies offer similar products and services, so 17 Education & Technology Group must differentiate itself in order to be successful.

Content: 17 Education & Technology Group provides a range of products and services, including online learning platforms, educational materials, and training services. The company focuses on creating innovative products and services that are tailored to the needs of its customers. It also provides support and resources to ensure that its customers get the most out of its products and services.

MOST Analysis

The MOST analysis framework is commonly used to identify an organisation's strategic goals, assess its strengths and weaknesses, and develop a plan to achieve its objectives. This analysis helps organisations to focus on what they want to achieve and how to achieve it, while also identifying potential roadblocks or obstacles that may arise along the way.

Mission
Objectives
Strategy
Tactics

We have created this analysis from a 3rd person perspective.

Innovation Scorecard

As part of our research and analysis activity, the team at Platform Executive assesses and then benchmarks businesses and the industry verticals in which they operate using a proprietary scoring mechanism.

First, we allocate a score of A-E for the industry vertical, gauged on the key organisations operating within the space; and then score the individual business using a 1-5 score.

A score of D-E within an industry means that it is potentially ripe to be disrupted by a new entrant into the marketplace; and/or vulnerable to technological change.

Likewise, a high score of 4-5 for the company in question indicates that in the view of the analysis team it lags behind notable businesses in terms of innovation and product pipeline.

Below is a guide to each score:

Industry score:

A	The industry is amongst the most innovative; with the leading players all driving the sector forward. Example industry: PaaS
B	The industry and its leading players have a good track record of innovation; and can quickly react to change. Example industry: Pharmaceutical
C	Companies operating within the sector have adequate levels of innovation; and engage in R&D activities when appropriate. Example industry: FMCG
D	Businesses operating in the industry do not invest enough time and resource into innovation. The sector is stagnant and a good candidate for disruption. Example industry: Retail Banking
E	The major players in the sector seem to lack suitable product development roadmaps; and as a result the sector is highly vulnerable to industry change. Example industry: Publishing

Company score:

1	The business is amongst the leading players in terms innovation and product pipeline. This will fulfil and reinforce the operations of the business in the medium to long-term.
2	The business has a good track record of innovation, in terms of its products and/or its business model. It is therefore more likely to be able to react and adapt to any changes to the industry.
3	The business is deemed to have an adequate innovation plan, build on research and development and sustainability where appropriate. The business has a product development strategy.
4	The business needs to invest more resource and/or intellectual capital in product development, pipelines and/or its business model. The business is at risk of stagnation.
5	The business seems to lack a suitable product development roadmap; and as a result is vulnerable to any notable industry change and/or new entrants in the marketplace.

The team at Platform Executive has judged 17 Education & Technology Group as having an innovation score of C2.

Appendices

The appendices section of this report contains supplementary information that the team at Platform Executive deems helpful in providing a more comprehensive understanding of the report's contents.

This information is not considered an essential part of the study but serves as a useful supplement to the main text.

Methodology

This study on 17 Education & Technology Group forms part of our series of competitive intelligence reports, which focuses on 10,000 of the largest corporates.

The information and data included are updated on a timely schedule to ensure that our Premium members receive the most up to date information .

The report is based on information and learning from the following sources:

Corporate websites
Proprietary research databases
SEC Filings
Corporate press releases
News articles
Financial data API's
Product-matching algorithm

Further Information

Premium members: If you cannot find the desired information or data set for the business you are researching then please reach out to our research and analysis team. We can tailor reports to meet your requiremnents, with a fast turnaround time.

If you require a bespoke study on a particular industry vertical, or marketplace we may also be able to help.

Disclaimer

Reproduction of the content produced in this report is prohibited without the prior permission of the publisher, Platform Executive Pty Ltd.

The facts of this report have been gathered in good faith from both primary and secondary sources. It is believed to be correct at the time of publication, but cannot be guaranteed. As such Platform Executive can accept no liability whatever for actions taken based on any information that may subsequently prove to be incorrect.

Changelog

Premium members: To request a priority update to this report, please contact us. Our standard turnaround time is normally 48 hours.

The changelog for this report can be found below, complete with the next scheduled update:

v1.1: Initial load of report
Date: 1st March 2023

Key Financials added (BETA)
Date: 17th March 2023

Next scheduled update: 23rd May 2023

Industry Keywords

Related keywords:

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