What to Expect from a Student Information System in 2020?
Gone are the days of diving into the legacy ways of managing student records. We are at the brink of a tech revolution with Industry 4.0 – machine learning, artificial intelligence, internet of things, mobility is changing the tech landscape like never before– it is the time where solutions are more and more customizable and hyper available. The CXOs of today must be cognizant of what tech will truly help achieve set out business objectives in the most cost-effective manner.
Higher-education technology leaders are constantly looking for solutions that can easily align with their internal processes and improve their efficiency. The student information systems (SIS) serve as the core system for maintaining records for higher education institutions. The SIS in 2020s is desired to be highly configurable per the needs of an institution. It must speak seamlessly with other peripheral systems for a rich exchange of data and desired analytics for reporting and forecasting. This implies that colleges and universities must look for innovative technologies, primarily influenced by SaaS for tailored configuration and application uptime, Mobility for rich user interface & experience, AI for being intuitive & self-aware and at the same time an application that is easily manageable. Its common knowledge that when applications are highly configurable they are optimally used and have a high return on investment.
The market for SIS is likely to grow from USD 5 billion in 2018 to USD 9 billion by 2023, growing at a CAGR of 12.4 % during the forecast period, according to Markets and Markets.1 The market is likely to grow at the back of rising demand for robust solutions for managing higher-education institutions.
So if you are considering deploying the latest student information system software for your university then you must look at the trends that will impact the future of SIS.
SIS in 2020s will enable personalized student engagement, enhanced opportunities for student success, analytics and forecasting. Institutions will leverage SIS to improve the quality of education while keeping the CapEx and OpEx minimum.
New age SIS will enable more efficient workflows; create seamless user experiences and position universities for a transition to the next generation systems.
Cloud-based solutions will be much in demand
Cloud computing has transformed the classroom experience. The technology provides flexibility and scalability while optimizing costs. Colleges are deploying cloud-based SIS to improve mobility and scalability and also to reduce costs related to the solution, storage, and staff. This has led to universities switching from on-premises to the SaaS-based software.
Analytics for robust operations
Data analytics allows an institution’s management to measure, monitor, and respond in real time to faculty, students and parents. An analytics-driven web-based platform enables institutions to get organized, initiate effective communication and share resources efficiently and accurately among students and other staff members.
AI for automating processes
Artificial intelligence is starting to take over all the routine tasks in classrooms while revolutionizing the way colleges manage student information systems. Adoption of artificial intelligence in SIS and rising need of an enhanced user experience are expected to influence the SIS market positively. AI improves student engagement by providing community and communication features commonly found on apps like LinkedIn. AI-powered SIS also incorporates bots/personal assistants to assist students.
Not only does AI have the capacity to transform the conventional teaching and learning methods but it can also automate the existing student management systems, which automate administrative operations at the institution level.
Going forward, AI in SIS will reduce the dependency of institutions on automated ERP management systems for conducting or overseeing administrative operations, such as student registrations, course allocations, hostel management, staff recruitment, fee collection, and many more.
The bottom line is…
It is important to have a SIS with an easy user interface and can help institutions to operate smoothly and reduce the unnecessary workload. SIS comes with manifold benefits, which are not only cost-effective and efficient but can be integrated with a simple process, creating extensive opportunities for higher education.