CEO & Managing Director, Mindlogicx Infotech Limited Mindlogicx Infotech Ltd specialises in knowledge management delivery in virtual learning space. The company has developed and successfully deployed intelligent assesment known as “VEDAS”. This provides technology platform for the flagship services of Mindlogicx including MindSpace for universities; Knowledge Assessment Platform (KAP) for corporate skills assessments and Knowledge Network (K.Net) services for its Online Finishing School
You have seen the higher education markets closely in India. What is the role and potential of technology solutions in the education system in the future?
Indian higher education market is at a nascent stage vis-à-vis the global markets for two reasons, one of which is market acceptance. Indian markets are just picking up. The decision-makers in the universities continue to carry the weight of conventional mindset mode of operations and don’t want to take a chance on new technologies. The second roadblock is the marketability of product, as various states have their own regulations. Hence IT deployment in higher education has been slow until now. The demand for IT-enabled services and facilitiesis expected to surge with the increasing competition amongst higher education players.IT is going to be the driving force in the delivery of higher education in India. That is the only way to scale up operations beyond physical and geographical boundaries. With the market becoming more competitive and foreign universities trying to enter India, the only way an Indian university can cope up with stiff competetion is by adopting IT technology and tools. This is crucial for their success.
What gives MindLogicx the edge over other competitors offering technology solutions in the education sector?
We came across three major requirements of the universities; one is to scale up their operations and take their courses beyond geographical boundaries. We built a learning solution called MINDSPACE for delivering education through virtual platform. Second challenge is to conduct a hassle-free examination and examination management. o we introduced assessment solution and an examination management solution deployed under the controller of examination to cater to distribution delivery of examination papers, assessment, conducting offline examination and enabling multiple digital valuation of answer scripts, publishing of results, declaration of marks etc. The third challenge is to get employment opportunities for the students. Every Vice Chancellor is looking for creating employment opportunities for his students through campus placements. We wanted to introduce a solution that would help the student be industryready. Most of the students out of
universities are not industry-ready. The statistics say only 10% are employmentready and 90% of the students are not in a position to get employment, because they lack the skill sets
which the industry is looking for. indly tell us more on the Finishing school solution GradFirst?
There is a quality gap between education delivery and knowledge skills. Finishing schools in India cater to only IT graduates and we conveniently forget about those from B.Com, B.Sc Maths, B.Sc Physics, etc. How will they get an employment? There are ample number of opportunities available for them and we need that specialisation training for these sectors. There is a distinct difference between education and knowledge. Education is all about preparing a student for a curriculum and authentication of the process and its thrust is primarily on certification. Knowledge is more about acquiring skill sets for employment, catering to the needs of the industry environment. We provide two kinds of knowledge services- one is re-skilling and second is up-skilling. Re-skill is to create employment opportunities for the job environment and make them industry-ready. Upskilling is to upgrade their skills sets and new specialisation and domain knowledge. GradFirst is a finishing school designed for creating job or self-employment opportunities for students. The finishing school aims to convert a job-seeker to a jobprovider. It is a technology platform and we have tied up with knowledge partners who provide industry-approved content