The student information system (SIS) market has been growing at a steady pace owing to increase in the application of analytics in the educational sector. It is popular among administrators and educators to gain accessibility of data to evaluate the performance of students based on the goal and mission of the institutions. Institutions are generating huge amounts of data such as application data, personal data, financial data, facilities and estates data, and admission data. The data sets are applied as a tactical asset by organizations as it helps in business decision making and operational business and planning. The data helps in formulating policies and corrective measures to enhance student take liable on their possessions as well as retention of students. SIS turns as a data source which helps to collect and deliver raw data sets which needs to be analyzed. Increasing demand for collaborative visualization of data and presentation of procedures to learn and adjust to the pattern and needs of users is expected to drive the student information system market over the forecast period.
The important players in the student information system market are:
Jenzabar, Unit4, Ellucian, and Skyward. The other key vendors in the student information system market are Campus Management, Anubavam, Focus School Software, Illuminate Education, ComSpec International, Workday, SAP, ITG America, Foradian Technologies, and Tribal Group among others.
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The student information system market has been segmented on the basis of end user and deployment method. By end-user, the market has been segregated as K-12 SIS and higher education SIS. Higher education SIS was the most dominant segment in 2015 and is expected to remain so over the forecast period. Growth in the number of universities, acquiring educational hardware such as projectors, tablets, interactive whiteboards, swapping to digitized content, implementing social learning and gamification is driving the student information system globally.
Political developments and regional education which impacts the enrollment of students is expected to validate the disposition of student information system over the forecast period. By deployment method, the student information system market has been bifurcated into cloud and on-premise. On-premise segment is expected to dominate the student information system market over the forecast period. Strong foothold of on-premise deployment in Europe and North America is one of the key factors driving this segment.
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