Company to Leverage OpenStax Content through its LoudCloud Learning
Analytics Solution
BASKING RIDGE, N.J. & HOUSTON--(BUSINESS WIRE)--
Barnes
& Noble Education, Inc. (NYSE:BNED), one of the
largest contract operators of bookstores on college and university
campuses across the United States and a leading provider of digital
education services, today announced it will extend its current
relationship with OpenStax,
a Rice University-based nonprofit that makes college more accessible for
students. Together, the companies will provide greater access to
quality, cost-effective course materials and advanced digital solutions.
"Barnes & Noble Education is committed to driving student success, and
as a leader in the Open Educational Resources ("OER") movement, OpenStax
demonstrates that same commitment," said Kanuj Malhotra, Chief Strategy
& Development Officer and Chief Operating Officer, Digital Education,
Barnes & Noble Education. "As a long-term, trusted partner to colleges
and universities across the country, our relationship with OpenStax will
allow us to facilitate greater access to high-quality, proven OER
content that complements our integrated offering of printed textbooks
and digital solutions."
Barnes & Noble Education will leverage OpenStax content through its
learning analytics platform, LoudCloud, making the content not only
cost-efficient, but also measurable. By tracking the effectiveness and
use of OpenStax materials via the LoudCloud platform to measure learning
outcomes, colleges and universities will gain affordable day-one
solutions and analytical insights that help to increase student success.
Additionally, the Company will offer a wider distribution of OpenStax's
cost-effective learning resources at the more than 750 Barnes & Noble
College stores nationwide.
"We have seen the incredible impact that OpenStax has had on the broader
educational community recently, and we are pleased to work with such an
innovative company," said Mr. Malhotra. "As we continue to grow our
digital solutions, relationships with organizations such as OpenStax
uniquely position Barnes & Noble Education's LoudCloud to act as a
complete support system in increasing student success and retention."
David Harris, editor in chief for OpenStax, said a
recent report from the Babson Research Survey Group indicated that
OpenStax resources are rapidly becoming standard in introductory college
courses in the U.S.
"By partnering with Barnes & Noble Education, we are able to accelerate
access for students through its tremendous network of institutions
across the nation," said Harris. "Furthermore, we are particularly
interested in evaluating usage metrics related to the OER materials so
we can continue to improve learning outcomes."
ABOUT BARNES & NOBLE EDUCATION, INC.
Barnes & Noble Education, Inc. (NYSE:BNED), one of the
largest contract operators of bookstores on college and university
campuses across the United States and a leading provider of digital
education services, enhances the academic and social purpose of
educational institutions. Through its Barnes & Noble
College subsidiary, Barnes & Noble Education serves more than 5 million
college students and their faculty through its 751 stores on campuses
nationwide, delivering essential educational content and tools within a
dynamic retail environment. Through its digital platforms LoudCloud and
Yuzu®, Barnes & Noble Education offers an excellent digital
reading experience and access to a broad catalog of digital academic
relevant titles. Barnes & Noble Education acts as a strategic partner to
drive student success; provide value and support to students and
faculty; and create loyalty and retention, all while supporting the
financial goals of college and university partners.
General information on Barnes & Noble Education, Inc. can be obtained by
visiting the Company's corporate website: www.bned.com.
ABOUT OPENSTAX
OpenStax provides open educational resources and textbooks free online
for any student, anywhere and partners with companies that provide
fee-based products and services that enhance the value of its books for
both instructors and students. OpenStax is a nonprofit initiative of
Rice University and is made possible by the support of the William and
Flora Hewlett Foundation, the Laura and John Arnold Foundation, the Bill
& Melinda Gates Foundation, the 20 Million Minds Foundation, the
Maxfield Foundation, the Calvin K. Kanzanjian Foundation, the Bill and
Stephanie Sick Fund and the Leon Lowenstein Foundation.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160809005223/en/
MEDIA:
Barnes & Noble Education, Inc.
Carolyn J.
Brown, 908-991-2967
Vice President, Corporate Communications
cbrown@bned.com
Source: Barnes & Noble Education, Inc.
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