Today, we announced the Xero Lifelong Learning Platform, an online learning tool aimed at students and the reskilling of the workforce, which will be delivered by educational institutions.
The globalisation of technology has not only reshaped the way we work but also the need for lifelong learning to stay relevant with the pace of change in the workforce. Handling finances, both personal and business, is a necessity for everyone, from school-age students to retirees. Yet many neglect this important life-skill. Xero Lifelong Learning Platform allows students to grow their financial literacy to help prepare them for the real world.
The Xero Lifelong Learning Platform paves the way for education to be accessible to everyone, from anywhere, at any time, democratising education for all. Best of all, it’s always up to date. Students and people reskilling will always be working on the latest version of the tools used in business, not the out of date desktop technology still taught across the world.
We’re delighted to be working closely with education experts and institutions, including Swinburne University of Technology in Australia, to create and deliver courses available online, initially in Australia and New Zealand, and globally in 2018.
Sharon Rice, Executive Director of Major Projects, Swinburne University said, “Technology has significantly changed the way many industries operate and it’s vital that education keeps up with the pace of change. Greater collaboration between industry and higher education is critical to producing high-quality, job-ready graduates and we’re proud to be working with Xero to spearhead this initiative to improve accessibility of financial and business acumen for the next generation of accountants, and everyone.”
This benefits everyone, not just Xero fans or users. Most importantly, the new platform will help accelerate the growth and performance of small and medium businesses, by giving learners the skills and knowledge that accounting, bookkeeping, and advisory partners are desperate to hire.
Technology and automation is changing the world we know and requires constant upskilling and reskilling to stay current. Spreading better business and financial literacy skills are vital for this future, and the new learning platform will empower graduates, businesses and accounting platforms, and grow the global economy.
The Xero Lifelong Learning Platform means the necessities of the new accounting economy are available throughout the learning journey. It’s a truly global platform, that couples the genuine Xero experience with real-time data, and machine learning capabilities. Built on Amazon Web Services, this means it’s ready to serve millions of students right out the gate. And, as with everything Xero it’s on the cloud, is always up-to-date, and we’ve built powerful tools for content creators right into the application so they can create and deploy realistic scenarios for learners with ease.
Together with Xero, this delivers features to automate grading and assessment, provide business scenarios and simulations for teaching advanced financial analysis, and integration with popular learning management and courseware systems. It’s easy to quickly provide classes of learners with working Xero applications, pre-loaded with example data for any scenario. A student using Xero Learning Platform is guided through exercises within Xero, and can use all of Xero’s regular functionality.
The Xero Lifelong Learning Platform will launch November 2017. It will be available first in Australia and New Zealand, and very soon after, the rest of the world.
We can’t wait to share it with you. Watch this space for more news, coming soon.