Recently, New Oriental Online and Tmall Smart announced that they have reached a cooperation. The two sides will carry out comprehensive cooperation in technology, content, service and other aspects around educational intelligent hardware to jointly create hardware products that meet user needs.
What is the technical composition of New Oriental in terms of the layout of educational intelligent hardware?
Since its establishment in 2005, New Oriental Online has been in the field of education for more than ten years, accumulating rich educational content, learning methods and related concepts, and having a deep understanding of students’ learning habits and psychological characteristics.
At present, the education intelligent hardware industry in transition has developed rapidly in recent years: it is estimated that the market size will be close to 100 billion yuan in 2024. In the face of the rapidly growing market, New Oriental Online announced that it had begun to make continuous efforts in technology, products and sales.
In terms of technology, New Oriental Online and Tmall Smart will achieve in-depth interoperability, so as to ensure that the intelligent hardware reaches the industry-leading technical capability and algorithm level; In terms of products, New Oriental Online focuses on real learning scenarios, analyzes user needs, and designs and builds practical and effective educational intelligent hardware.
Experts from Smart Bud said that as of the latest, New Oriental Education and Technology Group Co., Ltd. and its affiliated companies had 74 patent applications in 126 countries/regions. According to the trend of patent application, the company’s patent applications in the above fields showed a trend of decentralized application. In 2007, the company had a total of 9 patent applications, all of which were authorized patent applications. In 2011, 2015 and 2018, the company’s patent applications were relatively small, only 1-2. In recent years, the number of patent applications has increased significantly. Although the number of patent applications in each year has increased, they are not more than 50.
According to the technical composition of the company, at present, there are 24 patents related to “reading or identifying printed or written characters or graphics”, and 20 patents related to “computer systems based on biological models”.