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Share Name | Share Symbol | Market | Type |
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Instructure Holdings Inc | NYSE:INST | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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-0.35 | -1.38% | 25.00 | 25.55 | 24.70 | 25.43 | 324,394 | 01:00:00 |
Major product innovations for the Instructure Learning Ecosystem support the lifelong learning journey with a focus on AI and enhancements to insights and edtech effectiveness
SALT LAKE CITY, July 10, 2024 /PRNewswire/ -- Instructure, the leading learning ecosystem, announced major AI innovations, partnerships and significant core LMS enhancements to increase educator efficiency and improve student success at its annual InstructureCon conference. Product innovation is focused on key areas: AI, insights, edtech effectiveness and the lifelong learning journey. The company also announced the launch of a standalone product, Instructure Intelligent Insights.
From responsible integration of AI tools that enhance learning through personal connection to a more cohesive user experience with Canvas serving as the hub of all teaching and learning, the innovation announced by Instructure is designed to power a lifelong learning journey and turn education into opportunities. At InstructureCon 2024, new AI product announcements included features developed directly within Instructure products, a number of well-tested partner integrations, including Khan Academy's Khanmigo Teacher Tools and updates that enable partners to develop context-aware AI experiences within Canvas.
"We're excited to announce substantive innovations to the Instructure Learning Ecosystem, with a strong focus on Canvas built in close partnership with our customers," said Shiren Vijiasingam, Instructure's Chief Product Officer. "We started with equitability in mind, addressing use cases that would help create a more level playing field for all learners while honoring the expertise of the educator."
A Rich Landscape of AI Content Generation
Instructure leverages internally developed tools and those of its network of over 1,000 partners to help educators harness the power of AI. One such area is AI-assisted content generation, with an ever-growing landscape of available tools. One way the company will meet the rapidly growing educator demand for AI-assisted content generation is by announcing the upcoming availability of a Canvas integration with a teacher favorite, Khanmigo Teacher Tools.
Updates to Move AI Beyond Content Generation
Beyond content generation, Instructure also announced holistic updates that go even further in supporting institutions by partnering with them to develop their AI policies and plans, accelerate teaching and learning practices and implement their own transformative AI solutions. The company is making its new AI tools freely available for Canvas customers and working with AWS to safely, securely and efficiently scale to its community of tens of millions of educators and learners at more than 7,000 organizations around the world.
"With the LMS at the center of teaching and learning, Instructure is uniquely positioned to support institutions on their full AI journey," said Vijiasingam. "Not only can we connect our customers with a vast ecosystem of integrated content and efficiency tools, but we can also accelerate key learning experience workflows and help them transform to a future where AI is a core part of everything they do."
Tools that Prepare Institutions to Adopt AI
AI Tools that Scale and Enhance Teaching and Learning
Tools that Enable Institutions to Adopt and Create Their Own AI Solutions
Intelligent Insights Product Launch
Instructure announced the launch of Intelligent Insights, which leverages AI and analytics to help educators make data-informed decisions that improve teaching and learning outcomes. With this new product, educators get insights about students in need of attention, course readiness, LTI usage and more. They can also use Ask Your Data, a conversational AI feature, to ask and answer questions in natural language.
Core Teaching & Learning Innovation
Instructure developed a customer innovation program to drive a series of improvements to the Canvas experience. Over 60 product enhancements resulted, including improvements to everyday educator workflows, an optimized feedback loop, increased personalization and streamlined communication within Canvas LMS. In addition, new features will be available throughout the year including:
Product Updates to Support EdTech Effectiveness
Education leaders need insights and tools to optimize edtech efficiency, adoption and impact, both within and outside the LMS. These new features will help institutions engage with the Instructure partner network and take full advantage of the openness and extensibility of Canvas:
Supporting the Lifelong Learner Journey: Portfolio and Journey
Instructure announced its vision for the lifelong learning experience, which includes an Integrated LMS, Portfolio, Credentialing and Journey (Learner Record). Instructure has been building this through the additions of Portfolium, Concentric Sky, Parchment and Scribbles. The company is continuing to invest in a new lifelong learning experience by bringing together portfolios and credentials into one learner view. This will enable achievements to be housed and ultimately recognized by institutions and employers.
The InstructureCon 2024 event takes place from July 9 to July 11 at the Venetian Resort in Las Vegas. It features prominent keynotes from Jimmy Chin, Mary Murphy and Dr. Jordan Nguyen and addresses some of the most impactful edtech trends and how to adapt to the modern learner journey. With over 260 sessions to choose from, attendees will learn classroom-tested best practices, dive into the latest innovation and collaborate with other Instructure community members focused on driving student success.
For more information about InstructureCon, check out the Frequently Asked Questions page and the event agenda.
FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Forward-looking statements are based on our management's beliefs and assumptions and on information currently available to our management. All statements other than statements of historical facts are "forward-looking statements" for purposes of these provisions, including those relating to future events or our future financial performance and financial guidance. In some cases, you can identify forward-looking statements by terminology such as "may," "might," "will," "should," "expect," "plan," "anticipate," "project," "believe," "estimate," "predict," "potential," "intend," or "continued," the negative of terms like these or other comparable terminology, and other words or terms of similar meaning in connection with any discussion of future operating or financial performance. These statements are only predictions. You should not place undue reliance on our forward-looking statements. These statements are not guarantees of future performance and are subject to future events, risks and uncertainties, many of which are beyond our control, or currently unknown to us. Our assumptions may turn out to be inaccurate and cause actual events or results to differ materially from our expectation or projections. We discuss many of these risks, uncertainties and other factors in greater detail in the Company's annual report on Form 10-K filed with the Securities and Exchange Commission (the "SEC") on February 21, 2024 and as may be described from time to time in future reports we file with the SEC. All forward-looking statements included in this press release are based on information available to us on the date hereof, and we expressly disclaim any obligation to update any such forward-looking statements, except as required by law.
ABOUT INSTRUCTURE
Instructure (NYSE: INST) powers the delivery of education globally and provides learners with the rich credentials they need to create opportunities across their lifetimes. Today, the Instructure ecosystem of products enables educators and institutions to elevate student success, amplify the power of teaching, and inspire everyone to learn together. With our global network of learners, educators, partners and customers, we continue to deliver on our vision to be the platform that powers learning for a lifetime and turns that learning into opportunities. We encourage you to discover more at www.instructure.com.
CONTACT:
Brian Watkins
Corporate Communications
Instructure
(801) 658-7525
brian.watkins@instructure.com
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SOURCE Instructure
Copyright 2024 PR Newswire
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