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MCGRAW-HILL EDUCATION INC

Company Profile Analysis

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MCGRAW-HILL EDUCATION INC - ICT showcase

Year Founded & Workforce

1888

35,400 Employees

Industry

ICT

Services

Online Education
M

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MCGRAW-HILL EDUCATION INC Overview

Company Headquarters: US

Founded: 1888

Workforce: ~35,400

Company Working: McGraw-Hill Education Inc. is one of the leading providers of outcome-focused learning solutions that deliver both curated content and digital learning tools and platforms to the students. The company provides customized educational content, software, and services for pre-K through postgraduate education. It currently has offices across North America, India, China, Europe, the Middle East, and South America, and the solutions provided by them are available in nearly 60 languages. The company specializes in adaptive learning, data and analytics, K-12 assessment, higher education, educational technology, professional learning, learning science, career readiness, software, professional development, teaching materials, instructional design, college, elementary, and education technology or EdTech. The company aims at accelerating the learning process through intuitive, engaging, efficient and effective experiences to the users. It offers various digital platforms such as Access Medicine, Access Engineering, Access Science, ALEKS, Connect, Connect2, Create, LearnSmart, SmartBook, and Elevate English. The company also offers various services such as professional development, custom solutions, McGraw Hill Campus, and the Connect Community. The company has evolved itself from a print-centric producer of textbooks and instructional materials to a leader in the development of digital content and technology-driven adaptive learning solutions that are delivered anytime, anywhere. The company operates in four segments namely, higher education, K-12, international, and professional.

Strategy

The company intends to capitalize on increasing market demand for digital learning solutions by expanding the portfolio of technology-enabled adaptive tools. As a part of its growth strategy, the company intends to expand its investments in higher education market. To increase this penetration, the company intends to target the synergies across the entire learning environment including technology platforms and services. The company focuses on introducing new enterprise solutions aiming at effective education and student retention. The company also intends to focus on leveraging its digital solutions in international and professional markets.

Company Snapshot

$1,830M

Revenue

35,400

Employees

1888

Founded

US

Headquarters

SWOT Analysis

Strengths

  • Widely recognized brand with global reach
  • Diversified portfolio of education business
  • Attractive business model

Weaknesses

  • Issues regarding accreditations

Opportunities

  • Need for better customer service
  • Increasing focus on developing economies

Threats

  • Intense competition
  • Fluctuating currency exchange rates

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Product Offering

  • MCGRAW-HILL EDUCATION INC
    • Online Education

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Global Revenue fell from USD 1.8 Bn in 2014 to USD 1.6 Bn in 2018.
MCGRAW-HILL EDUCATION INC — By Business Segment
Series (USD Bn)20142015201620172018
Global Revenue1.81.81.71.71.6

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