SolutionPath, the company behind StREAM a predictive data analytics tool for higher education, is a UK company. As such, when they first released this remarkable product, it was in the UK where the first year drop out rate in colleges and universities is 7%. That number may seem high to those in the UK, but now, as SolutionPath is bringing StREAM to the U.S. the opportunity is over 4x greater. The US first year dropout rate is a whopping 30%.
The goal of most higher ed focused edtech companies is to, in some way or another, either get students to completion or retain them beyond their first inkling to drop out. There are several mobile app and web based platforms designed to appeal to the student and to make their campus life a little easier.
SolutionPath and StREAM are designed for colleges and universities to look directly into their data and other tools available, identifying at risk students and intervening earlier than they have in the past.
StREAM is a multiple award winning learning analytics platform. It’s designed to help universities understand engagement and improve attainment. StREAM does this through traditional avenues like looking into LMS and SIS tools but it goes even further than that.
The systems algorithms examine historical data and real time digital interactions from centralized data points like library swipes, and e-learning portals. If your school has a student that’s never tardy, goes to the library four times a week and logs into their LMS every night by 10pm, if that student suddenly stops doing those things, it may be time to intervene. No other system offers this kind of insight.
StREAM notifies administrators, faculty members and each student’s stakeholders if there is an abnormality in their routine. The system is also set up to let these crucial educators know when students fall below an academic threshold. StREAM gives a 360 degree view of each student via dashboards and even a mobile app. With StREEAM, faculty are able to deliver targeted support, intervening 6-8 weeks earlier than universities without the system. This directly correlates to better retention.
You can find out more about StREAM and SolutionPath in the Startup Alley at EDUCAUSE in Philadelphia, October 31- November 3 and online here.