Sample of CORE 11-12 Annual Report

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  • 7/30/2019 Sample of CORE 11-12 Annual Report

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    Company Overview | Management Discussion and Analysis | Management Reports | Financial Statements

    Core educatin & Tchnlgis Ltd. |

    Innovating to Transform the World----- - -------

    / The world is changing at/ a much faster pace today than onewould have imagined a decade ago. The

    way innovations of yesteryears like internet andJ mobil ity transformed the world of today; innovationsof oday would go on to transform the world tomorrow.In the words ofWilliam Wordsworth, The child is father ofman'. Quite rightly, the shape of future lies in the hands oftoday's youth. The responsibility to shape young mindsand prepare them for a new world rests on Education.The world needs to renounce some age old practices

    in its education system and adopt a futuristicpedagogy.

    CORE has been incubating innovationsthat are transforming the EducationSystems worldwide- from the US

    to the UK; from India to MiddleEast and Africa. Withinnovative interventionsacross Teaching, Learning,Assessmen t andGovernance, the companyis rigorously at work.Innovating today whatwi l l lead to atransformed worldtornorrov.. ~~ - - -

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    | Annual rpt 2011-12

    CORE is Idias argest goa educatio

    compa ith presece i US, UK, Idia,Sigapore, Midde East, Hog Kog,Africa ad the Cariea

    COREs piars of stregth

    n Hug ntwk - Indias lagst glbal ducatincmpany, psnc acss US, 40 cuntis in UK,

    Pan India, Singap, 9 cuntis in MeA, HngKng and 2 cuntis in th Caibban

    n Stng dmain xptis in th ducatin sct,psnc acss nti spctum f ducatin

    n Stng asst bas - rankd as th tp tansnatinalcmpany in India in USD 150-500 mn glbal asstbas

    n High thust n innvatin - Th Cmpany has thhighst r&D spnds in th sct in India and wasankd 12th fm India and 788th glbally in 2011eU Industial r&D Invstmnt Scbad

    n on f th highst quality standads - Appaisdat CMMi 5, th highst lvl f pcss matuitythat indpndntly vifis Cores capabilitis

    t cntinuusly nhanc its pcsss thughincmntal and innvativ impvmnts

    n Accss t quality suc bas - Binghadquatd in India, th cmpany has an accsst n f th wlds mst skilld yt cmptitivlypicd human sucs

    n Statgic alliancs with lading glbal playsincluding Univsity f oxfd in th UK; Cnt fHigh Laning (CHL), Txas Instumnts, eastnVally Institut f Tchnlgis (eVIT) in th US;

    and Institut Tchnical educatin (ITe) Singap

    amngst ths

    22

    - Seriously????

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    Compa Oerie | Maagemet Discussio ad Aasis | Maagemet Reports | Fiacia Statemets

    Core educatin & Tchnlgis Ltd. |

    Read to create

    a promisig futureTHe GLoBAL AGeNDA oF 21ST CeNTUrY IS SeT AroUND eCoNoMY AND TrADe. WITH MANUFACTUrING

    SHIFTING FroM THe WeST To THe eAST, eMPLoYMeNT LANDSCAPe WoULD IMMeNSeLY CHANGe AT BoTH

    eNDS. IN orDer To SUSTAIN THeIr eCoNoMIC GroWTH, DeVeLoPeD AS WeLL AS DeVeLoPING eCoNoMIeS

    NeeD To INTeNSIFY THeIr HUMAN CAPITAL ForMATIoN. NoT SUrPrISING THeN, NATIoNS ACroSS THe WorLD

    Are INCreASINGLY INVeSTING IN eDUCATIoN For CoNTINUeD DeVeLoPMeNT oF THeIr HUMAN CAPITAL,

    QUANTITATIVeLY AS WeLL AS QUALITATIVeLY.

    Th U.S. Dpatmnt f educatin has ppsd USD

    69.8 billin in disctinay funding f 2013, including

    a USD 5 billin invstmnt t pvid suppt t stats

    and disticts as thy pusu bld fms. Ky fm

    aas lik aligning ducatin pgams with wkfc

    dmands, nhancing th taching pfssin, and

    incasing cllg affdability and ducatin quality

    has vincd spcial intst fm th Psidnt with his

    ppsal t mak a USD 14 billin n-tim statgic

    invstmnt.

    In th UK, th Gvnmnt invstd USD 12.30 billin

    in 2011-12 in ducatin and taining f 16 t 19 ya

    lds aln. Additinally, it is invsting USD 2.27 billin in

    appnticship pgamm.

    In India als, Gvnmnt aims t significantly incas

    th spnding n ducatin in th 12th fiv ya plan. Th

    sha f ducatin in th 12th fiv ya plan has bnincasd t 19.4% f ttal plan utlay fm 7.7% in th

    11th plan. Cuntys makt f pimay, scnday and

    high scnday ducatin in ttality is stimatd t b

    at USD 60 billin(JP Mgan rpt Spt 2009).

    T mt th gwing dmand f skilld wkfc,

    GCC cuntis hav als ampd up thi invstmnts

    in taining and ducatin. In 2010, Saudi Aabia

    incasd its budgt f ducatinal activitis t 25%

    f its annual budgt. Similaly UAe and Qata invstd

    22.5% and 20.5% f thi annual budgt in th sam

    ya, significantly high than US which invstd 16% f

    its annual budgt.

    With gvnmnts acss th wld stpping up thi

    spnds n invnting thi ducatin systm in lin

    with th unflding alitis f 21st cntuy, Core is

    uniquly pisd t lvag its stablishd and fast

    impving dmain pwss. In ding s, it wuld hlp

    natins nhanc th pductiv capabilitis f thi

    futu wkfc and cat immns valu f all itsstakhlds v cming dcads.

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    | Annual rpt 2011-12

    Right timed, right pacedHAVING FAST MATUreD oVer THe LAST NINe YeArS, Core IS BeTTer PLACeD ToDAY THAN MoST oF ITS PeerS

    IN PArTNerING THe GoVerNMeNTS AND VArIoUS DeVeLoPMeNTAL AGeNCIeS IN THeIr eDUCATIoN AGeNDA.

    WITH A ProVeN TrACK reCorD oF eNHANCING eFFICIeNCIeS AND DeLIVerING IMPACT, IT IS FINDING A

    GreATer ACCePTANCe AND eVeN PreFereNCe AMoNGST ITS CUrreNT AND FUTUre PATroNS. ITS IMPreSSIVe

    reVeNUe GroWTH AT A CAGr oF 53 PerCeNT oVer THe LAST FIVe YeArS BeArS TeSTIMoNY oF THe SAMe.

    In a sht span f nin yas, Core has xpandd

    its ftpint glbally. Its divs clint bas includs

    custms fm Amica t eup t Asia t Afica. Thy

    cm fm th mst dvlpd cnmis lik US and

    UK, fm dvlping cnmis lik India and th UAe,

    and als fm mging cnmis lik Mzambiqu,

    Knya, Ghana and Zambia in Afica.

    Th impact f Cores intvntin is significantly hug

    tday, with bnfits accuing t m than 35 millin

    studnts, 60,000 yuth, 105,000 tachs, and 88,000

    schls wldwid. Having stablishd a stng glbal

    psnc thugh 36 ffics acss th glb, Core

    cnsids its juny t hav just bgun.

    Core lvags n its glbal bst pactics and a

    dp undstanding f vaying nds f fming

    ducatin systms acss diffnt cuntis in cating

    a divs suit f slutins. each cunty, ach pvincand ach distict is diffnt fm anth and s a

    thi quimnts. Cores ability t patn thm fm

    th stag f nd idntificatin thugh dvlpmnt

    f custm slutins t tsting and ll ut with dsid

    impact and fficincy maks it a pfd patn

    f thm.

    Having taditinally svd th wstn makts with its IT/

    ITS nabld slutins in ducatin, Cores vnu mix

    had pdminantly bn skwd twads ths makts.

    ov th cnt yas, it has bn incasing its fcus

    n mging makts and gins lik India, Middl east

    and Afica.

    Futhing its gwth plans in India, it is aiming t st up

    Mdl Schls und Public Pivat Patnship mdl,paticipat in Schl Dvlpmnt Pgams, intnsify

    Tach Taining pgams, and pat Vcatinal and

    Skill-basd taining cnts.

    Core has succssfully implmntd vaius pjcts

    und Infmatin and Cmmunicatin Tchnlgy and

    Cmput Aidd Laning pgams in v 10,000

    schls acss vaius stats bsids aning p-

    qualificatin t bid f a Gvnmnt pjct t st up 50

    mdl schls und PPP mdl in rajasthan.

    Duing th ya und viw, Core als xpandd

    its fcus n th mging makts. Duing th ya

    it has ntd int multipl jint vntus in th Middl

    east including patnship with th ras Al Khaimah

    Gvnmnt t pat Acadmic Laning Cnt at

    rAK FTZ in cllabatin with Bila Iinstitut f Tchnlgy

    ranchi, ffing pgams in engining, Achitctu

    and Businss Administatin.

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    Compa Oerie | Maagemet Discussio ad Aasis | Maagemet Reports | Fiacia Statemets

    Core educatin & Tchnlgis Ltd. |

    CORE has a impressie reeue grothat a CAGR of 53 percet oer the ast

    fie ears

    COREs fast expadig goa reach

    n In a sht span f nin yas, Core has stablishd

    its ftpint in v 14 cuntis glbally

    n Cores intvntin bnfits m than 35 millin

    studnts, 60,000 yuth, 105,000 tachs, and

    88,000 schls glbally

    n Core has succssfully implmntd ICT and CAL in

    v 10,000 schls acss diffnt stats in India

    n Core has bn p-qualifid t bid f stting up 50

    mdl schls und PPP mdl in rajasthann Core has ntd int patnship with th ras

    Al Khaimah Gvnmnt t stablish Acadmic

    Laning Cnt at rAK FTZ

    n Core has cntly ntd th Middl east makt

    and alady signd Jint Vntu agmnts in th

    Middl east

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    | Annual rpt 2011-12

    21st cntuy ducatin dmands an fficint us f mdn day tls and

    tchniqus t cat an xplativ and cllabativ laning nvinmnt.Core with its tchnlgy - ld slutins is abl t pvid a gamut f slutinsusing such ulta-mdn tls & tchniqus t vlutiniz th nti ducatinsystm. Thugh its innvativ slutins f Taching, Laning, Assssmntand Gvnanc, Core is hlping cuntis glbally t bidg thi vwidning skill dficit and t significantly ais thi ducatinal standads. CoreAdvancd Tchnlgis and Cnsulting Slutins a making u custmsm fficint.

    CORE soutios are trasformig theetire educatio spectrum from pre schoo

    to K-12, from higher educatioto ocatioa educatio

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    Compa Oerie | Maagemet Discussio ad Aasis | Maagemet Reports | Fiacia Statemets

    Core educatin & Tchnlgis Ltd. |

    Ioatig the Right Soutios

    TRAnSFORMInG nATIOnS by CREATInG HOlISTIC KnOwlEDGEECOSySTEMS

    Core sks t achiv tansfmatin f natins by

    vlutinizing th ky building blcks f ducatin,

    namly - Taching, Laning, Assssmnt & Gvnanc.

    Core pvids slutins t th nti spctum f

    ducatin - P-schl, K-12(Kindgatn thugh 12thGad), Vcatinal educatin and High educatin, t

    gvnmnts, schls and ducatinal institutins, acss

    th wld.

    By bsting litacy ats, incasing mplyability,

    nhancing th laning xpinc and making ducatin

    accssibl and inclusiv, Core slutins a hlping

    tansfm scitis and natins.

    Core addsss ky glbal ducatin challngs by

    ffing pduct slutins and svics f

    nAccssibility & Inclusin

    n Litacy enhancmnt

    n Impving emplyability

    n enhancing Laning expinc

    n ImpvingTaching

    CORE ADvAnCED TECHnOlOGIESCORE COnSUlTInG SOlUTIOnS

    PRE K &

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