Increasing amounts of funds are invested in education but students do not seem to become better trained. Global education expenditure is huge at $4.4 trillion with 62.5 million educators teaching 1.4 billion students. E-learning represents a cost effective alternative. One would expect that now, in 2016, e-learning had entered a new era, responding more and more to the tutoring needs of a student. However, studies show that high school and college students spend an increasing amount at their computer, without their grades increasing. Looking at the PISA results and other studies, the role of e-learning - after numerous spin-offs and evolvements mainly based on video and audio enhancements - has reached a point of evolution that may not provide more than its current value to students and professors. Specifically, it is not reflecting business realities and is not aware of student needs.
To help make e-learning more student-centred and modern, we have created Icarus, an AI plugin system that can be installed on top of one of the most recognized free open source Dokeos e-learning platform. Icarus provides tools to students to frequent a learning path and to teachers to create one as a personalized and adaptive tutor with a series of modules.
The objective of the Phase I project was to conduct a Feasibility Study and draft a Business Plan including the following objectives: feasibility study, partner search, market, business model, risk and IP assessment as well as draft a work plan for Phase II.