American Public University System Selects Analytikus Foresight Platform...
Charles Town, WV and Miami, FL – Jan 28, 2020 – American Public University System (APUS), a leading online learning provider and wholly-owned subsidiary of American Public Education, Inc. (Nasdaq: APEI), today announced that it will implement Analytikus Foresight, an artificial intelligence-based platform designed to measure and improve student retention and learning outcomes. The solution is expected to go live in the first quarter of 2020.
Foresight was developed to monitor learning activities in a digital learning management system and highlight unique factors that may present challenges along the academic pathway for individual students, according to Analytikus Chief Learning Officer Dr. Phil Ice.
“APUS has a long history of excellence in predictive analytics and data-driven decision-making, with an emphasis on retention,” said Dr. Ice. “We are very excited to be working together to implement Foresight and more fully explore the capabilities of our technologies.”
“Student success means more than just reducing drop-outs,” said APUS President Dr. Wallace E. Boston. “This new initiative reflects our ongoing commitment to proactively identify potential trouble spots for each student before they impact academic progress to help ensure the best possible learning outcomes.”
Analytikus, a 2017 Global EdTech Awards finalist based in Miami, leverages artificial intelligence to assist higher education institutions in simplifying admissions, improving student retention and enhancing career planning. It combines state-of-the-art analytic solutions with deep pedagogical knowledge to help partners anticipate and mitigate persistence and completion challenges. For more information, visit www.analytikus.com
About American Public University System
American Public University System, recipient of the Online Learning Consortium's (OLC) Gomory Award for Quality Online Education and five-time recipient of OLC's Effective Practice Award, offers more than 200 online degree and certificate programs through American Military University and American Public University. More than 90,000 alumni worldwide have benefited from APUS's relevant, flexible curriculum and value, 72% completing their studies with no APUS-incurred debt. For more information, visit www.apus.edu.
Statements made in this press release regarding American Public Education, Inc., or its subsidiaries, that are not historical facts are forward-looking statements based on current expectations, assumptions, estimates and projections about American Public Education, Inc. and the industry. These forward-looking statements are subject to risks and uncertainties that could cause actual future events or results to differ materially from such statements.
Forward-looking statements can be identified by words such as "anticipate," "believe," "seek," "could," "estimate," "expect," "intend," "may," "should," "will," "continue," "future" and "would." These forward-looking statements include, without limitation, statements regarding the changing workforce and industry and opportunities that may result, expected growth and ability to deliver sustainable long-term growth, plans with respect to recent, current, and future initiatives, strategies, and partnerships. Actual results could differ materially from those expressed or implied by these forward-looking statements as a result of various factors, including the various risks described in the "Risk Factors" section and elsewhere in the Company's Annual Report on Form 10-K for the year ended December 31, 2018, Quarterly Report on Form 10-Q for the period ended September 30, 2019, and other filings with the SEC. The Company undertakes no obligation to update publicly any forward-looking statements for any reason, unless required by law, even if new information becomes available or other events occur in the future.
Brian Muys, APEI
Phil Ice, Analytikus