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Pioneering Education With AI-Driven EdTech Firm Amesite (NASDAQ: AMST): Insights From CEO Dr. Ann Marie Sastry

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5 months ago

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–News Direct–

By James Blacker

Amesite Inc (NASDAQ: AMST) CEO Dr. Ann Marie Sastry spoke with Benzinga recently about the companys mission and the transformative role of Artificial Intelligence (AI) in education. Below, we take a look at the key insights gathered from the interview, including Amesites unique approach and vision for the future.

What Is Amesite?

Amesite is an AI software company dedicated to building platforms and apps that facilitate learning. Their focus ranges from colleges and universities to individual consumers, with an emphasis on accessibility and effectiveness in education.

What Sets Amesite Apart From Its Competitors?

Other names in the space include Coursera Inc (NYSE: COUR), 2U Inc (NASDAQ: TWOU) and Udemy Inc (NASDAQ: UDMY). According to Dr. Sastry, Amesite gets its competitive edge from the use of AI coupled with a student-centric approach. The company aims to provide not just content but also the tools necessary for success.

This is especially true for professional learning, Dr. Sastry noted, which is a lifelong endeavor and has a big impact on financial security and career growth.

Amesites approach appears to be paying off, as in February the company reported an overall retention rate of 98% for paid learning experiences on its platform, far exceeding the industry average of 68-73%.

Why Is Amesite Focused On Education?

Continuous upskilling is essential in the world of work. Most of what people do on a daily basis is learned after formal education.

The CEO highlighted the pitfalls of traditional learning management systems, which are mainly content repositories and lack a well-designed user experience. Course aggregators, meanwhile, offer courses on everything, making it difficult for consumers to pick out exactly what they need.

Amesite, therefore, sees its partnership model with colleges and universities as an ideal way to curate relevant content and tools, addressing the diverse learning needs of individuals and ensuring localized, impactful education solutions.

What Does Amesite Foresee Will Be The Next Evolution Of AI In This Space?

Amesite invested early in AI and was discussing the technology even back when the company was founded in 2018, shared Dr. Sastry.

In April, the company announced the beta release of its new NurseMagicTM app, which uses AI to provide helpful and easy-to-use tools for over 5.2 million nurses.

Dr. Sastry sees this strategic shift towards mobile apps as a way to provide people with faster access to AI-powered learning tools.

Surf the AI wave. Make sure you have access to those tools so you can be competitive. Thats something were extremely excited about, she said.

Key Targets And Goals For The Company

Amesite recently moved to a no-fee model for its higher ed platform, where customers pay monthly per user instead of paying set-up fees. Since then, the company has announced several five-year deals with colleges and universities. It most recently partnered with Volunteer State Community College and Joliet Junior College in March.

These partnerships enable tailored learning experiences, addressing regional needs and industry demands.

Dr. Sastry highlighted implicit bias training and active shooter preparedness as programs that Amesite now makes available nationwide, as this is a work requirement for many.

In March, the company also announced a partnership with Partners for Advancing Clinical Education (PACE) to deliver accredited healthcare education.

What's Behind Your Recent Momentum With Five Contract Wins With Various Colleges?

Dr. Sastry attributes Amesites success to a tailored approach that caters to each institution's unique needs, especially when it comes to aligning with regional requirements and legislative shifts.

By working directly with colleges and universities and generating sustainable revenue, we can actually give the people what they want, she said.

With our 98% retention, we are a very strong argument for colleges and universities to use the Amesite system, generate impact, and meet the needs that are required from legislators and assemblies.

Watch the full interview here.

Featured photo by Compare Fibre on Unsplash.

Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders.

This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice.

Contact Details

Benzinga

+1 877-440-9464

info@benzinga.com

Company Website

http://www.benzinga.com

View source version on newsdirect.com: https://newsdirect.com/news/pioneering-education-with-ai-driven-edtech-firm-amesite-nasdaq-amst-insights-from-ceo-dr-ann-marie-sastry-641309743

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Exclusive Markets grandly celebrates the Winner of the Range Rover Contest in Dubai

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1 hour ago

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October 25, 2024

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Dubai, UAE, 25th October 2024, ZEX PR WIRE, In a majestic celebration, Exclusive Markets, a leading international provider of online multi-asset trading and related services, honoured the winner of the Range Rover Contest. After three months of intense competition, the most skilled trader emerged victorious, driving away with the luxurious car, valued at $130,000.

Who won the Grand Prize?

Exclusive Markets team flew to Dubai and arranged a glittery ceremony in the vibrant city. Amid the excitement and fanfare, Panagiotis Mouroudelis aka MasterMind from Greece, whose exceptional trading skills stood out among all participants, was presented with the keys of the grand prize, i.e. the brand-new Range Rover Sports SE.

The event was filled with celebrations and applause as everyone congratulated the winner.

Upon receiving the keys, the winner shared his excitement, stating, “This contest has been an incredible experience. It was a roller coaster filled with moments of highs and lows. However, winning the Range Rover is a dream come true, and I am grateful to Exclusive Markets for organizing such a rewarding contest.”

A Journey Filled with Excitement and Rewards:

The Range Rover Contest, designed to reward both strategic trading and perseverance, was launched with great excitement. Participants were required to make an initial deposit of $1000 and trade consistently, refining their skills and strategies as they moved closer to the ultimate prize. But it was not only about this. Every week, the top-performing traders were presented with weekly rewards that ranged from a $200 Trading Bonus to an iPhone 15 Pro Max.

These prizes added another layer of excitement to the contest, keeping participants engaged. However, the challenge was not only about winning but also about growth and learning, pushing traders to test their strategies and grow their expertise.

At last, Hemant Kumar, Exclusive Markets’ CMO, reflecting on the success of the contest, stated, “We are thrilled by the exceptional participation and competitive spirit shown by all traders. Congratulations to our weekly prize winners and especially to Panagiotis Mouroudelis for his outstanding performance. For those who couldn’t participate or weren’t as fortunate this time, stay tuned for more exciting contests ahead. Keep trading smarter, trading exclusive.”

About Exclusive Markets:

Exclusive Markets is dedicated to providing traders with a robust, secure, and transparent platform for investing in a variety of financial instruments. With a focus on cutting-edge technology and holding ISO/IEC 27001:2013 Certification by MSECB, Exclusive Markets offers traders an exceptional platform that seamlessly integrates advanced features with user-friendly interfaces.

Traders can access a wide array of trading instruments, including CFD stocks, commodities, forex, and spot metals. The company’s expert team is committed to meeting the evolving needs of its clients by continually expanding its range of products and services, allowing traders to invest according to their preferences.

Risk Warning: Trading involves risk.

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Press Release

Exclusive Markets’ Mr. Lambros Lambrou Honoured with ‘Top 50 Financial Markets CEO Awards 2024’ in Dubai

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2 hours ago

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October 25, 2024

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Dubai, UAE, 25th October 2024, ZEX PR WIRE, Exclusive Markets proudly announces that Mr. Lambros Lambrou, CEO of the esteemed organization, has been awarded the prestigious ‘Top 50 Financial Markets CEO Awards’ at the Middle East Financial Markets Awards Ceremony Dubai 2024 – 2nd Edition. This award is not only a testament to his exceptional leadership, visionary approach, and significant contributions to the financial sector but also highlights his dedication to excellence and his role in driving the success and growth of Exclusive Markets.

Lambros Lambrou leads Exclusive Markets, guiding the firm through dynamic market landscapes and ensuring sustained growth. His strategic vision has been instrumental in positioning Exclusive Markets as one of the top players in the global trading sector. Under his leadership, the firm has expanded its portfolio and consistently delivered exceptional value to its clients.

On receiving the award, Lambros Lambrou expressed his gratitude for the recognition, saying, “I am deeply honoured. It reflects the collective efforts of the entire team at Exclusive Markets. Together, we have strived to create an environment that fosters innovation, integrity, and excellence. This award inspires us to continue our journey towards setting new standards in the industry.”

This marks the relentless commitment to excellence of Lambros Lambrou. His innovative strategies and client centric approach have set new benchmarks in the industry. The leadership in Exclusive Markets is characterized by a deep understanding of market dynamics, a keen eye for emerging trends, and a passion for nurturing talent within the organization.

About Exclusive Markets

Exclusive Markets is committed to delivering a robust, secure, and transparent platform for investors in various financial instruments. With a strong emphasis on advanced technology and ISO/IEC 27001:2013 Certification from MSECB, Exclusive Markets provides traders with an outstanding platform that seamlessly blends advanced features with user-friendly interfaces.

Traders can explore a diverse selection of trading instruments, including CFD stocks, commodities, currencies, and spot metals. The company’s expert team is dedicated to meeting the evolving demands of clients by broadening the array of products and services, enabling traders to invest according to their unique preferences.

Risk Warning: Trading involves risk.

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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Press Release

Exclusive Markets Receives Top Honors at International Business Magazine Awards 2024

Published

3 hours ago

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October 25, 2024

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Dubai, UAE, 25th October 2024, ZEX PR WIRE, Exclusive Markets, a globally renowned leader in online multi-asset trading, has once again showcased its commitment to excellence by holding several prestigious awards at the highly esteemed International Business Magazine Awards 2024. The company has emerged victorious in the following categories:

  • Most Trusted Forex Broker Global 2024
  • Best FX Broker Global 2024
  • Best Customer Support Global 2024
  • Best Partners Program Global 2024
  • Most Transparent Broker Asia 2024

These esteemed awards reaffirm Exclusive Markets’ steady dedication to setting new benchmarks in the industry and delivering unmatched service to its worldwide clientele. The company’s forward-thinking strategies, which are always at the forefront of industry trends, its emphasis on transparency, and its unwavering focus on providing exceptional experiences for traders and partners have set it apart in the fiercely competitive market.

The official award presentation is scheduled to take place at the prestigious Grand Annual Awards Ceremony 2024 in the luxurious Atlantis, The Palm, Dubai, UAE, later this year. This highly anticipated event, set for Q4, will bring together top professionals from the global finance industry to celebrate outstanding achievements and innovation.

Hemant Kumar, Exclusive Markets’ CMO, expressed his gratitude, remarking, “Securing 5 prestigious awards is a testament to our relentless pursuit of excellence and the firm trust that our clients and partners have placed in us. Our entire team has worked tirelessly to uphold these values, and we take immense pride in seeing our efforts acknowledged on such a prestigious platform.”

With these remarkable awards, Exclusive Markets has further solidified its position as a revered leader in the Forex trading industry, strengthening its reputation as a company that prioritizes partnerships and remains dedicated to delivering unparalleled client satisfaction!

About Exclusive Markets

Exclusive Markets is dedicated to providing traders with a robust, secure, and transparent platform for investing in a variety of financial instruments. With a focus on cutting-edge technology and holding ISO/IEC 27001:2013 Certification by MSECB, Exclusive Markets offers traders an exceptional platform that seamlessly integrates advanced features with user-friendly interfaces.

Traders can access a wide array of trading instruments, including CFD stocks, commodities, forex, and spot metals. The company’s expert team is committed to meeting the evolving needs of its clients by continually expanding its range of products and services, allowing traders to invest according to their preferences.

Risk Warning: Trading involves risk.

About Author

Cloud PR Wire

See author's posts

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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