Knewton is featured in a Time magazine article just out.
Working with Knewton costs clients a one-time integration fee between $100,000 and $250,000, depending on the organization’s needs. That’s not spare change–and Knewton’s algorithm improves with every user it adds–but it isn’t enough to sustain a growing company and pay off those investors. For that, the Knerds are hard at work on a second platform. By the beginning of next year, Knewton plans to release a retail edition that will allow any small business or tutor to make a course, content or product adaptive.
I guess that second platform is what PSA would like to incorporate into our DLE. “Sounds like” good news, but then, who knows how much they’ll want to charge. IIRC, Apple is still after their 30% for Mom and Pop app developers…
Also a press release on Knewton deal with Houghton Mifflin Harcourt.
Among the world’s largest providers of K–12 learning materials, HMH currently serves 60 million students in 120 countries.