Welcome to our dedicated page for Pearson news (Ticker: PSO), a resource for investors and traders seeking the latest updates and insights on Pearson stock.
Pearson plc (PSO) is frequently featured in news for its role as the world’s lifelong learning company and its focus on digital content, assessments, qualifications, and data. News coverage highlights trading updates, strategic partnerships, product launches, and developments in assessment and virtual learning that shape the company’s trajectory.
Recent announcements include unaudited trading updates describing underlying Group sales growth across Assessment & Qualifications, Virtual Learning, Higher Education, English Language Learning, and Enterprise Learning & Skills. These updates outline how sub-business units such as Pearson Professional Assessments, US Student Assessment, Clinical Assessment, and UK & International Qualifications contribute to performance, and how Virtual Learning enrolments and enterprise contracts support growth.
News about Pearson also focuses on AI-powered learning tools and partnerships. Examples include the launch of Communication Coach, an AI-powered learning product integrated into Microsoft 365, and global collaborations with IBM and Cognizant to build AI-powered learning platforms, assessments, and workforce skilling programmes. Additional coverage describes AI Literacy Modules for higher education, AI-powered Study Prep, and AI tools for teachers and English language learners.
Other articles highlight Pearson’s role in professional certification and workforce development, such as Pearson VUE’s exclusive multi-year collaboration to deliver Salesforce certification exams and contracts to deliver Google Cloud certifications. Stories about Connections Academy and partnerships with organisations like the Center for Energy Workforce Development illustrate Pearson’s efforts to connect education with career pathways.
Investors and observers can use the Pearson news stream to follow segment performance, product innovation, AI initiatives, enterprise contracts, and governance disclosures that appear in the company’s announcements and Form 6-K filings. Regular updates provide context on how Pearson is executing its strategy across learning, assessment, and skills.
SAE International has partnered with Pearson VUE to deliver the new Electric Vehicle Supply Equipment (EVSE) Technician Certification, starting May 2024. This certification aims to address the shortage of qualified EV technicians globally. The program is tailored for individuals transitioning into green technology or validating existing expertise. Candidates must meet eligibility requirements and pass a rigorous exam developed by SAE ITC Probitas Authentication. The certification will initially launch in the US and expand internationally. Pearson VUE will utilize its global test centers and online-proctoring platform to facilitate the exams.
New research from Pearson, a leading learning company, indicates that Generative AI could save UK workers 19 million hours per week by 2026. The report, part of Pearson’s Skills Outlook series titled 'Reclaim the Clock: How Generative AI Can Power People at Work', highlights that tasks such as maintaining records, data collection, and preparing reports could be significantly streamlined by AI. The study analyzed the impact across five countries: Australia, Brazil, India, UK, and the US, identifying the top 10 tasks that would benefit most from AI. The findings suggest that AI can free up time for more strategic, human-centric work and improve work-life balance.
Pearson's latest research, part of their Skills Outlook series, reveals that Generative AI could help US workers save 78 million hours per week by 2026. The study, titled 'Reclaim the Clock: How Generative AI Can Power People at Work', identifies the top 10 job tasks where AI can save the most time, such as maintaining health records and developing educational programs. The research covers five countries: Australia, Brazil, India, UK, and US. Pearson's workforce planning platform highlights that AI can effectively support tasks like data collection and maintaining records. By augmenting routine tasks with AI, companies can allow employees to focus on high-value activities like strategic thinking and collaboration. The study emphasizes the need for employers to integrate AI responsibly and provide adequate training and support for employees.
Pearson announced the integration of AI study tools into its Nursing: A Concept-Based Approach to Learning series, aiming to improve nursing education and address workforce shortages. These tools provide personalized support, including guided help with homework, summaries, and practice problems. The integration is set to be available by Fall 2024 in Pearson+ eTextbook and MyLab Nursing course. This move addresses the significant need for more nurses and nurse educators as highlighted by the National Academy of Medicine. A recent survey found 75% of students found the AI tools helpful. Pearson plans further AI integration across various subjects by August 2024.
Pearson's recent research reveals that 69% of UK secondary students want more education about generative artificial intelligence (Gen AI). Nearly 74% believe learning about Gen AI is important for their future, with 38% already using AI tools like ChatGPT daily and 64% considering it vital for their careers.
In response, Pearson launched the Edexcel Extended Project Qualification (EPQ) pathway, allowing A-level students to study Gen AI's role and ethics. The EPQ in AI literacy is equivalent to half an A level and can be integrated into sixth form studies, attracting up to 28 UCAS points.
Despite the enthusiasm, 48% of students feel other countries are ahead in AI education, 22% are unsure what AI is, and 43% lack confidence in understanding AI risks. Pearson aims to address these gaps with their Gen AI literacy pathway, preparing students for an AI-driven future.
Pearson's Connections Academy has partnered with the Future Business Leaders of America (FBLA) to provide middle and high school students with practical experiences in business and IT careers. This strategic alliance aims to bridge the gap between academic learning and professional environments by offering real-world experiences and connections to FBLA's collegiate and industry partners. According to the U.S. Bureau of Labor Statistics, employment in business, finance, and IT is projected to grow significantly, highlighting the importance of early career development. The partnership includes mentorship, training, and participation in competitive events, helping students develop essential skills like leadership, communication, and technical expertise. The initiative also offers a tri-credit approach that allows students to earn high school credit, micro-credentials, and college credit simultaneously.
PDRI by Pearson has released a virtual interview tool on its Palladium assessment platform to revolutionize the hiring process by providing structured interviews that predict candidate performance accurately. The tool incorporates best practices from industrial and organizational psychology, ensuring fair and unbiased hiring decisions. PDRI's assessment platform, Palladium, offers a seamless assessment experience with modern interfaces and stringent security standards.
Pearson is set to introduce generative AI study tools into global editions of its higher education titles, expanding to Australia, Asia-Pacific, Canada, the Middle East, and Europe by August 2024. The tools have shown positive feedback in the US with 75% of students finding them helpful. The company aims to provide personalized support to students internationally, enhancing the learning experience.
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