Eidex Education Analytics
What's the big idea?
School districts are buried under data reporting requirements — but little of that data ever returns to them in usable form. Eidex uses the power of business intelligence to make sense of district data, and bring insight to administrators. With Eidex Focus, districts can evaluate their academic and financial performance and identify opportunities for improvement. Districts are already finding savings, highlighting their successes, and communicating with their stakeholders — all through Eidex.
Describe the nearest player in your field.
There are a number of companies that either allow school districts to evaluate their financial data or to analyze academic data.
How are you different from that player?
No competitor allows for comparisons across data types, e.g., comparing expenditures alongside academic performance.
Few competitors are focused strictly on education.
How does this idea scale into a big business?
There are almost 14,000 school districts in the United States, and, based on our initial sales efforts in Michigan, Eidex Focus is welcomed enthusiastically by school administrators.
Why are you the one to run with this idea?
We’re already running — the product exists, and is having success in the market. We’re looking for the push we need to expand nationally.
What is a $5,000 experiment you can do to move your idea forward?
We would use the $5000 to develop our marketing plan and campaign for our first outside state.