A Call for Digital Transformation in Higher Education
Digital transformation in higher education is changing the way institutions establish, operate, and move forward. It is also bringing shifts in the delivery of services and execution of contracting, accounting, and financial management.
Before we dive into the details of how higher education institutions can jump on the bandwagon of digital transformation and set themselves apart, let’s discuss why it has become so important to do it in the first place.
Benefits of Digital Transformation in Higher Education
Initial resistance to digital transformation and the use of new technologies is expected. The process of undergoing change can be overwhelming, especially if you are uncertain about the outcomes. However, once you take the leap, you open several doors of opportunities for your institution that otherwise wouldn’t have been possible.
Besides, digital transformation in higher education is the need of the hour, considering that the ongoing pandemic has been upending things in the industry. Digital delivery of services is allowing higher education providers to serve students better while tapping into new audiences.
Digital coursework simulations and virtual labs make it easy for instructors to deliver personalized and interactive lectures. Mobile computing, on the other hand, makes for easily accessible support services and integration of remote learning experiences.
Simply put, investing in digital transformation in higher education has greater chances of paying off in the long run than spending on equipment and facilities. The key is to go digital in every function and department.
Modern-day students expect real-time access to information when and how they want it, an effortless connection with peers and instructors, and a personalized learning experience that adds value and equips them with the necessary knowledge and skills. The only way to cater to their needs is by capitalizing on the latest digital tools.
Does it Mean You Have to Hire Additional Staff to Meet the Students’ Needs?
You may think that a successful digital transformation warrants the hiring of additional team members, but that’s far from the truth. You can benefit from off-shore managed services and tap into the expertise of a professional, talented workforce without incurring the high costs and challenges of growing your team.
Pansoft Technologies offers a unique solution integrating the latest and most effective technologies to power higher education institutions. Our team of Oracle and Ellucian Banner experts will help you cut down your operational costs and offer a user-first personalized digital experience to the students.
Top 4 Technological Tools in Higher Education
Higher education institutions are making serious investments in digital tools and technologies. Below are the top four technological tools that our integrated solution offers.
Blockchain is a decentralized, transparent, and incorruptible database that helps institutions cut downtime and storage costs. It also eliminates the need for third-party authentication, significantly reducing transaction costs. Higher education providers are using Blockchain to enhance their institutions’ credibility by digitally issuing and verifying academic credentials.
MIT was one of the first universities to adopt Blockchain in 2017. The university’s administration employed Blockcerts, a standard for digital credentials, for issuing digital certificates to students. These digital diplomas shared the design of MIT’s paper-based diplomas, which made them credible.
2. Oracle On-Premise
Oracle on-premise services include a wide range of software, including Oracle E-Business Suite (EBS) and Oracle Fusion Applications. With the Oracle EBS, educational institutions use robust customer relationship management (CRM) and enterprise resource planning (ERP)systems. Ithaca College, a private liberal arts college, has integrated Oracle EBS into its campus. The college’s administration decided to use Oracle’s on-premises software and cloud offerings to automate planning and financial functions.
3. Oracle Cloud
Georgia’s Valdosta State University (VSU) is leveraging both on-premises Oracle BI software as well as Oracle BI Cloud Service to make their programs more efficient. These solutions allow them to identify students who are likely to drop out or fail, to make timely decisions, and boost student retention.
Oracle offers innovative cloud solutions for higher education providers, allowing them to enjoy greater sustainability and promote student success. At Pansoft Technologies, we offer the following Oracle solutions for institutions.
Oracle Human Resources:
Oracle Human Resources allows higher education providers to support the employee lifecycle with an integrated solution that takes care of human resources, payroll, and position control tasks.
This Oracle solution aims to promote security, efficiency, reliability, transparency, and compliance. It improves decision-making and governance across the higher education institution.
4. Ellucian Banner
The Arkansas State University (ASU) system serves 23,000 students in universities across Arkansas. The authorities recognized the need for a unified, robust system that could combine their existing resources, increase collaboration, and support future growth. Hence, this year, the ASU System decided to choose Ellucian Banner as its cloud-based ERP system to meet their growing computing demands.
Ellucian Banner is an excellent enterprise resource system (ERS) strengthening the departments in higher education institutions. It offers self-service options and enables users to access information anytime, anywhere.
With this integrated student information system, you can lay a strong foundation for a digital campus, where communication between users is clear, information retrieval is easy, and everyday tasks are accomplished with optimal efficiency.
The flexible cloud technology helps you save money when it comes to maintaining enterprise systems so that you can invest more in innovative IT initiatives.
5. Data Analytics Software
Sharda University uses Oracle Analytics Cloud to understand and track admission trends. In this way, the institution determines industry demand and expectations.
For a successful digital transformation in higher education, institutions need to digitize their decision-making processes as well. This is where data analytics software comes in!
The key to success is to have an efficient data collection strategy in place to stay on top of students’ performance reports and campus operations. Presenting the collected data in a way that promotes positive changes in the institution may be the most important thing you can do to forge your way into the digital world.
You need to find a way to use the gathered data in a meaningful way to make wise, well-informed decisions on behalf of the institution.
Let’s Join Hands for a Successful Digital Transformation in Higher Education
Pansoft Technologies is an IT consulting, services, and products firm that offers a full range of managed services along with end-to-end implementation and off-shore support and development of modern technologies and tools.
We strive to drive successful digital transformation in higher education while helping institutions reduce their operational costs. In collaboration with Ellucian, we offer an innovative solution for enterprise resource planning to ensure efficient student information management. We also help institutions improve their digital academic credential verification and validation process through Blockchain.
Moreover, our experts pave the way for information drivers to make informed decisions by capitalizing on the power of analytics and dashboards. With us, you can expect 24/7 support for a sustainable digital transformation in higher education!