Moving with a SMART Approach to Technology
December 2006

Moving with a SMART Approach to Technology

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Nancy Knowlton is responsible for the day-to-day direction of SMART. Recognised as one of Canada’s top businesswomen, Nancy was the 1999 Canadian Woman Entrepreneur of the Year in the Export category, awarded by the Joseph L. Rotman School of Management at the University of Toronto and the Bank of Montreal. She and SMART co-founder David Martin were awarded the 1999 Prairies Region Technology Entrepreneur of the Year Award, sponsored by Ernst and Young, and a Manning Innovation Award in 2002.

 

Why did SMART choose to work in education?
We have to be fair and say that education chose our product. We were showing our new products at several trade shows and it soon became apparent to us that the people who really got it, who could see the need for the product, were all from education. Several educators went on at some length to tell us how they could use our product, and it was that clarity of thinking that caused us to  orient our plan to engage more  systematically with educators at all levels. Of course, there was very little money in education at that time for  technology, but that didn’t discourage us. The people who really  saw the benefit of our product somehow found the money and  became rabid fans.

Will SMART always focus on the urban sector in education?
We don’t think that we focus on the  urban sector of education now. We want our products to be equally   relevant to children in all locations. My husband and I both come from modest backgrounds. In fact, I grew  up on a farm. We believe in the equal  opportunity that education can provide because of our personal  experiences. Perhaps we have to do more for a rural education product,  but we will keep at the issue until we get it right.

How did you succeed in establishing a  place for SMART in this global niche market of e-Learning? What has been your forte in this sector?
We have established SMART one  customer at a time. We have become insiders by listening and delivering  products of value to our customers. We have focussed on our customers  and their needs and desires and not a sense of corporate importance, as we have grown larger. We have done many things right,  because we are always trying to think about the customer. We do not follow  fads and trends in business. Back in the dot.com era we didn’t focus on “eyeballs” and “burn rates” even  though everyone was saying that this was the new way of doing business. We thought for ourselves and  decided to run a business that was  solid and here for the long run. Jim Collins refers to this approach in his  book “Built to Last” and we still believe that this is the right

way to  run a business. How do you see the global market for e-learning?
Which sector of the market (K-12, higher education, corporate learning, etc.)  you think will see the maximum growth in the next few years? The global market for e-learning is exploding. People everywhere see  the opportunity that technology tools  can provide to really engage children in a way that pen and paper never  could. Whether it is a teacher shortage in certain subjects (such as  maths and science) or a classroom    teacher looking for novel ways to explain everyday topics, technology is being used the world over to effect change.  I don’t think that it is a case of  saying that K-12 will grow faster than higher education. There are different  ways of using technology in the various levels of education. What I  have seen, and what frankly excites me the most, is the great opportunity  that education presents to allow people who have been on the outside  looking in as the world has moved into the 21 st  century to fully participate in the global economy.    There are young children literally on  every corner of the earth who hav    the brainpower, and maybe more importantly, the desire to be  something special. Adding these children to the world’s workforce with  all of the energy and creativity that encompasses is what will be the  biggest boost to the world. What are the potentials for SMART’s  products for developing countries market, especially in rural areas? The best things that SMART products can do are really threefold: • They can  provide access to engaging learning experiences for children regardless of their  location and the quality of the teachers in the local communities. With digital content accessible to  all, there is no reason that these rural children cannot succeed to  the same degree at their peers who live in urban areas. • They can make children confident.  Children can recognize that they can learn and that develops a  sense of pride and self-worth. A lot can be accomplished when  these two elements are in place. • They can open the door to a world that many rural children have  never imagined. These children can visit a zoo, see a man land on  the moon and understand how  waves work – and all this before lunch time. The world is open to  them like it has never been before. We think that our products should be  in all classrooms around the world.

What has been SMART’s experience  in working with governments across the world?
Do you believe a high-end product like smartboards can become  a viable option for the rural areas in  developing countries? Governments around the world have  been very open to working with  SMART Technologies Inc. They know that we have a product to    offer, but they also can tell that we are not here to sell them on products that  won’t meet their needs. We have sold substantial numbers of  our products to: • Mexico through the Enciclomedia project. This project is changing the educational experience in   Mexican classrooms and engaging students in rich multimedia  experiences. The teachers are feeling comfortable  with the way in which technology is being brought into their  classrooms. • The UK through the BECTA project for interactive  whiteboards. This GBP50 million initiative drove adoption of technology to a critical mass. The momentum has continued and  there are exciting pockets of  innovation beyond the  interactive whiteboard as well.  It is clear that governments are looking at the opportunity that  technology can provide. There are  demands for lower process throughout the world. Volume drives  a lot of efficiencies for with our hardware product, so we can meet the financial needs of our customers. Our  customers also appreciate the superior quality of our product  and know that this has to be factored in to total cost of ownership  onsiderations. As the Co-CEO, where do you see 

SMART five years from now? 
We want to fulfill our dream  which is to change the way that the world works and learns. Our  products will be in classrooms literally  around the world. We will have our  SMART Board interactive  whiteboards in many, many more classrooms. We may reach a billion  dollars of annual revenue but we’ll still be hard at work for our  customers  .

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