NASHVILLE, TN Ė Vital Source Technologies, Inc., an Ingram Content Group company, today announced that Panworld Education, a leading e-learning solution provider, has selected Ingram's VitalSource Bookshelf platform to power e-textbook solutions for their customers throughout the Middle East and North Africa (MENA) regions.
"Leading universities in the Middle East and North Africa, and countries represented by the Gulf Cooperation Council (GCC), are transitioning to all-digital curriculums, and we are pleased with the ongoing adoption and growth of e-textbooks," said Gaurav Parwanda, Chief Executive Officer, Panworld Education. "Educational institutions are looking to provide their students with digital content that can be accessed anywhere, anytime and securely, and the VitalSource Bookshelf platform is the right solution for us to help our customers do that."
Mr. Parwanda continued, "We are pleased to join the Vital Source Global Reseller Network and expand our digital content offering. Through our strategic relationship, we will help many of our customers in their transition to digital content and realize the full potential of e-textbooks."
As digital content adoption and e-textbook use grows worldwide, the VitalSource Bookshelf platform provides Panworld Education with comprehensive tools to sell and deliver e-textbooks to its customers without costly infrastructure investments. Panworld Education maintains publisher and institutional relationships, content, contracts, orders and financial management, while orders are fulfilled through the VitalSource platform.
Institutions that work with Panworld Education can easily integrate to the VitalSource platform using industry-standard integration options, as well as through a range of learning management platforms and virtual learning environments (LMS/VLE). Customers who purchase e-textbooks from Panworld Education will benefit from the tools that the VitalSource Bookshelf platform provides which include, integrated download, the industry's broadest range of online and mobile content options, advanced searching, annotation, note-sharing and accessibility features.
"More institutions are looking for flexible digital content with multiple delivery options for their students and educators, and Vital Source helps resellers around the world provide a comprehensive and scalable e-textbook solution to customers," said Kent Freeman, Chief Operating Officer, Vital Source Technologies, Inc. "We are pleased to support Panworld Education in their efforts to make the newest interactive and media-rich content available to their customers."
The education marketplace in the Middle East is expanding rapidly, with industry sources projecting its worth to be approximately $61 billion by 2015, and the school-age population in the MENA region is predicted to grow to 53.6 million students in 2015. Recently, Saudi Arabia announced a 13 percent increase in its education budget, allocating $54 billion towards higher education and workforce training.
Panworld Education's e-textbook solution is now available to institutions throughout the Middle East. It launched this summer with its first customer in Dubai. For more information on Panworld Education, visit www.panworldeducation.com/.
The VitalSource Bookshelf platform is the most used e-textbook delivery platform in higher education with more than 3.25 million users across 6,000 campuses around the world. It uses the latest technology to enhance the learning experience through e-textbooks and digital education. Content from more than 350 of the world's top academic publishers is accessible to VitalSource Bookshelf users anytime, anywhere, and on a variety of operating systems and devices. For more information about Vital Source Technologies, visit www.vitalsource.com.
About Panworld Education
Panworld Education is a group company of the Panworld Group, offering technology based learning, resources and infrastructure solutions, consultancy & services to Educational Institutions from K-12 to Higher Education, Corporates, Governments & Ministries, and various industry sectors. Panworld brings to its customers the best of the solutions including Web based e-Learning Platforms and Portals, Course Content, Information Resources, Professional Education Solutions, Continuous Education, Technical Training, Soft Skills Training, Skill Based Education, and Consultancy Services. We partner with some of the leading solution providers and OEMs in this space to bring the best of the technologies and products from across the world to our customers in the Middle East region. Headquartered in Sharjah, UAE, we cater to customers across the entire Middle East and North Africa region.
Ingram Content Group Inc. is a subsidiary of Nashville-based Ingram Industries Inc. Ingram provides books, music and media content to over 39,000 retailers, libraries, schools and distribution partners in 195 countries. More than 26,000 publishers use Ingram's fully integrated physical and digital distribution, logistics, and manufacturing solutions to access global consumer demand, and realize the full business potential of book content. Ingram's operating units are Ingram Book Company, Lightning Source Inc., Vital Source Technologies, Inc., Ingram Periodicals Inc., Ingram International Inc., Ingram Library Services Inc., Spring Arbor Distributors Inc., Ingram Publisher Services Inc., Tennessee Book Company LLC, Coutts Information Services, and ICG Ventures Inc. For more information, visit www.ingramcontent.com