India’s commitment to the spread of knowledge and education is the key driver of the ICT and education market in the country. This apart, Central Government allocation towards education through education cess of 2% and additional higher education cess at 1% , budget allocation of INR 3235.2 billion for the year 2007 – 08,“Government spending target” for education to go up to 6% of GDP, allocation of INR100 billion for primary education as part of the Sarva Siksha Abhiyan, allocation under the ICT @ Schools scheme, etc. also make to the key drivers, according to P. Kishore the Managing Director, Everonn Systems.
Everonn is the front runner in setting up virtual and interactive classroom networks across India to deliver quality education that is affordable. The company employs more than 2400 professionals and has presence over 2000 Schools and Colleges.
One of the largest education systems in the world that covers 2020 lakh students, and 10 lakh schools, Government and private, shows the existing market strength of 40 thousand schools, both Government and private, and 100 Lakh students. 95% of the market is still untouched
Everonn’s vision is to take education delivery to the next dimension through an innovative blend of content, pedagogy and technology and be a leading and distinctive player in bringing education to students anywhere, preparing them to be productive citizens of the future. This fully integrated knowledge management, education and training company, operates through two strategic business units -
Everonn’s journey started with incorporating the company as a Public Limited Company in 2000. It got the contract for 332 Govt. schools in Tamil Nadu for computer education. In 2002, it partnered with Hughes Net (Direcway) Global Education bringing management education through virtual classrooms in 10 locations. The company bagged two of the top three prizes of the prestigious computer literacy excellence award for Govt. schools in Tamil Nadu. In 2004, it launched “Zebra Kross” - branded virtual classroom network in colleges with state of the art studio in Chennai. In 2005, test launch of Virtual learning happened at schools and corporates along with the ISO 9001:2000 certification. 2006 saw the strategic investment of USD3 million from Tamasek’s subsidiary ST Asset Management, India China pre IPO equity (Mauritius) Ltd. And in 2007, Everonn singed up more than 80 schools for virtual learning, awarded 216 schools IT education contract in the state of Karnataka.
While the overall revenue grew by 39.17% in terms of overall growth, IT education grew by 11.66% and virtual learning grew by 48.87%. The operating margin stood at 40.96%.
The current institutional education and infrastructure services of the company includes, setting up IT education infrastructure in schools and colleges, delivering IT education in schools and colleges. Currently it has a point of presence in 1900 schools, spread across 8 states.
The Virtual and Technology Enabled Learning Solutions (ViTELS) focuses on providing specialised content through a “live and interactive remote delivery mechanism.” Virtual Education is delivered to 197 colleges, schools and retail centres.
Various State Governments of India have recognised the importance of preparing youth in rural and remote locations to qualify for the opportunities of the future. To bridge the digital divide, Governments have relied on Private Public Partnerships (PPP) and involved companies committed to nation building. Everonn plays a key role in fulfilling this mission by setting up of IT labs in government schools across India. In some states, labs are also used to deliver curriculum support programmes in digital format.
One of the largest education systems in the world that covers 2020 lakh students, and 10 lakh schools, Government and private, shows the existing market strength of 40 thousand schools, both Government and private, and 100 Lakh students, Kishore calculates. 95% of the market is still untouched.
The company signed single largest contract with Govt. of Karnataka for delivering IT education and supply of connected equipments in 216 Schools under the BOOT model.
The company has tied up with educational testing service to offer testing services to the students for the TOEFL and GRE .The Company has put up 12 testing centers during the year. It has tied up with Cognizant Technology Solutions (CTS) to impart institution based training to fresh recruits.
The training services include live and interactive learning and training platform redefining access to education, interactive sessions with instructors and fellow students all over the country through a VSAT enabled network of classrooms, state of the art studios and lecture halls from where the expert teacher delivers classes using presentations, video, audio and digital content, turnkey solutions under the BOOT Model adopted for computer education and computer aided education to cater to the large number of Schools. 
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