Here is a company that has developed a very cool tool: the Academic Business Cloud – a cloud solution connecting students, professors, and executives with each other and bridging the gap between innovation management and talent management. The company, TELANTO, aims to change the way students are being educated in the classroom today. It digitizes a concept that has been developed in 1972: experiential learning based on company challenges.
Organizations face a plethora of challenges in their day-to-day work that need to be solved through innovation. Meanwhile, university students possess tremendous innovative power and the desire to apply their theoretical knowledge in practice.
Via their Academic Business Network, the parties can find together, and students can collaboratively solve challenges under the supervision of their professors – all as part of their university curriculum. Thus, this solution provides a win-win-win scenario for the parties involved: students gather practical experience and expand their professional network, universities can offer a practice-oriented and interesting curriculum, and companies gain innovative solutions and access to young professional talent.
It works on a freely scalable subscription model based on the number of named users and is completely free for students. What makes it unique is its vast network of partners from all around the world. As of right now, they are working with more than 1,500 companies of all sizes and more than 800 universities from 43 countries.
Their success speaks for itself: 97 percent of challenges get matched, and 99 percent of matches lead to a solution. Telanto recently earned a Cool Tool Award as part of The EdTech Awards 2021 from EdTech Digest, for “Best Hiring or Internships Solution”. Learn more.