Unlocking Digital Insight for Education Leaders

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Digital insight can be a game-changer for education leaders, helping them make data-driven decisions that improve student outcomes. According to a study, schools that use digital tools to analyze student data see a 10% increase in student achievement.

With digital insight, education leaders can gain a deeper understanding of their students' needs and abilities. This can be especially helpful for identifying students who are at risk of falling behind and providing them with targeted support.

By leveraging digital tools, education leaders can also streamline their operations and make better use of their resources. For example, a school that implemented a digital attendance system reduced its truancy rate by 25%.

For more insights, see: Digital Wallet Data Cloud

Data Management

Data management is crucial for extracting valuable insights from digital data. A well-structured data management system can help organizations to efficiently process and analyze large amounts of data.

According to our previous discussion on data quality, high-quality data is essential for accurate insights. By ensuring that data is accurate, complete, and consistent, organizations can avoid costly mistakes and make informed decisions.

Suggestion: Pimco Insights

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Data storage options such as cloud storage and on-premise storage can be used to manage data effectively. These options provide scalability, flexibility, and security for data storage and management.

Data governance is also a critical aspect of data management. It involves establishing policies and procedures to ensure that data is properly managed, secured, and shared within an organization.

Edtech Visibility and Control Across Districts

Lightspeed Insight gives IT and instructional technology leaders a single view of district edtech usage.

This allows them to quickly understand app engagement and ensure the value and security of their investments.

With a unified view, leaders can manage their digital learning ecosystem more effectively.

Lightspeed Insight also streamlines manual edtech data privacy management by providing privacy policy scanning with notifications when policies change.

This proactive approach helps protect students' personally identifiable information (PII) from getting into the wrong hands.

Decision Making and Reporting

With Digital Insight, you can take the guesswork out of understanding how your digital learning apps are being used, getting real-time usage data across your district for more effective decision-making.

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You can share critical financial reports with all stakeholders, tracking and providing accurate federal spending reports for critical Title 1 and ESSER funding. This includes tagging applications by funding source to help administrators track, compile, export, and quickly share reports on budget and spending.

Granular reporting allows you to drill down on the details of each individual app, software, or online resource, showing which students, classes, groups, or schools use it. This level of detail can be incredibly helpful in making informed decisions about resource allocation and student support.

Improve Decision Making with Real-Time Metrics

With real-time, standardized metrics, you can take the guesswork out of understanding how your digital learning apps are being used. This allows for more effective decision-making.

You can get real-time usage data across your district, making it easier to make informed decisions. This data can be accessed at any time, giving you the flexibility to respond to changing needs.

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Granular reporting is also available, enabling you to drill down on the details of each individual app, software, or online resource. This shows which students, classes, groups, or schools use it.

Having a comprehensive dashboard that presents all data on your community's usage in a single view is incredibly helpful. This includes data from anywhere students use their devices.

Share Financial Reports with Stakeholders

Sharing financial reports with stakeholders is a crucial part of decision making and reporting. It helps administrators track and provide accurate federal spending reports for critical funding, such as Title 1 and ESSER.

Tagged applications by funding source enable administrators to quickly share reports on budget and spending, facilitating collaborations across departments. This streamlines the process of sharing financial information with stakeholders.

By sharing critical financial reports, administrators can ensure transparency and accountability in their decision-making processes. This helps build trust with stakeholders and promotes a culture of openness.

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Digital Insight is teaming up with Mobile Money Ventures to expand mobile services to financial institutions.

This partnership aims to provide more information to customers, no matter where they are, and help them manage their finances in today's strained economy.

Mobile Money Ventures is a global mobile financial services provider, specializing in applications for financial institutions and carriers.

They were selected as the preferred partner for providing mobile banking solutions due to their financial services expertise and heritage from Citi.

Their heritage also includes mobile technology, which they leveraged to secure this opportunity and gain a competitive advantage.

Mobile Money Ventures has deployed mobile products worldwide, including banking and stock trading with Citibank Hong Kong.

They have also secured $12 million in second-round funding from strategic investors to fuel their innovation strategy and accelerate the deployment of mobile financial services.

The MMV mobile platform allows customers to access their financial information, transfer funds, pay bills, and more from any mobile phone with a Web browser.

To protect financial information, the platform uses two-factor authentication and 128-bit encryption, and no financial information is ever stored on the mobile device.

Mobile Money Ventures has worked with Citi to launch mobile banking and other financial services in five countries worldwide.

If this caught your attention, see: Digital Money Concept and Application

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NCR's acquisition of Digital Insight (DI) last year has been a significant move, marking DI's third owner in a short period.

NCR's ability to differentiate itself from competitors like Diebold, Wincorp, and Nautilus Hyosung is expected to lead to market share gains in the down market.

DI's solutions will be taken to a new level with NCR's investment, making them more attractive to a previously unattainable market, including international markets.

A well-laid foundation has been established by NCR's group of expert online banking pioneers, who once thrived within the company but lacked the necessary investment to flourish.

Collaboration and Approval

Digital Insight makes collaboration a breeze with customizable and shareable dashboards that keep teams up to date with the information they need to make decisions.

These dashboards are a game-changer for teams, allowing them to access the information they need in one place.

With Digital Insight, teams can easily manage their public list of approved applications, making it simple for teachers to request new apps through the digital insight platform.

This streamlined process saves time and reduces administrative hassle, allowing teams to focus on what matters most.

Easy Collaboration

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Collaboration is at the heart of any successful team, and it's essential to have the right tools in place to facilitate it. Customizable and shareable dashboards are a game-changer in this regard.

These dashboards allow teams to stay up to date with the information they need to make decisions, keeping everyone on the same page.

App Requests Approval

Managing app requests is a breeze with our digital platform. You can easily manage your public list of approved applications.

Teachers can request new apps through the digital insight platform, making it a convenient process for everyone involved.

Transparency and Compliance

Lightspeed Insight provides the visibility and control schools need to ensure the compliance and ROI of their edtech resources and apps.

Meeting app transparency requirements is crucial, and Lightspeed Insight makes it easy with public app lists that show edtech resources in use and their data privacy practices.

Schools can streamline manual edtech data privacy management by using Lightspeed Insight's privacy policy scanning with notifications when policies change.

This proactive approach helps protect students' personally identifiable information (PII) from getting into the wrong hands.

Real-Time, Real-World Impact

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Having real-time insights is incredibly powerful, and it can lead to real-world impact. You can uncover actionable opportunities to capitalize on the latest market trends.

Your target consumer can demonstrate new behaviors, sentiments, or buying preferences at any moment. This can give you a competitive edge if you act quickly.

A competitor can change its approach to its product or marketing, and you need to be aware of it to stay ahead.

Industry trends can also change rapidly, with new challenges, regulations, or gaps to exploit.

Here are some potential next steps you can take in response to these changes:

  • Launch a new campaign to capitalize on the trend
  • Target a new audience that's emerging
  • Personalize your creative to resonate with the changing consumer
  • Prioritize content that addresses the new challenge or opportunity
  • Add a landing page to capture new leads
  • Shift your investment to where it will have the greatest impact

Frequently Asked Questions

When did NCR buy Digital Insight?

NCR Corporation acquired Digital Insight on January 10, 2014, for $1.65 billion. This acquisition marked a significant milestone in NCR's expansion into the financial services industry.

What is the revenue of digital insight?

As of September 2024, Digital Insight's annual revenue is $750M. This significant revenue milestone reflects the company's growth and success in the industry.

What is lightspeed digital insight?

Lightspeed Digital Insight provides a unified view of edtech usage, helping IT leaders understand app engagement, value, and security. It's a powerful tool for managing digital learning ecosystems.

Elena Feeney-Jacobs

Junior Writer

Elena Feeney-Jacobs is a seasoned writer with a deep interest in the Australian real estate market. Her insightful articles have shed light on the operations of major real estate companies and investment trusts, providing readers with a comprehensive understanding of the industry. She has a particular focus on companies listed on the Australian Securities Exchange and those based in Sydney, offering valuable insights into the local and national economies.

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