Websites using Eab

Okay, let s break down EAB, covering its overview, revenue, alternatives, pricing, and customer care.

EAB Overview

EAB (formerly known as the Education Advisory Board) is a for-profit, global educational consulting and technology firm. They primarily work with educational institutions, including:

• Higher Education: Universities, colleges, community colleges.
• K-12 Education: School districts and individual schools.
• Healthcare Organizations: Academic medical centers, hospitals, and healthcare systems, though this is a smaller part of their business.

Key Areas of Focus:

• Research and Insights: EAB provides data-driven research, best practices, and strategic guidance on a wide range of topics, like student success, enrollment management, academic affairs, advancement/fundraising, diversity, equity, and inclusion, and financial sustainability.
• Technology Solutions: They develop and offer software platforms and tools to support their consulting services. These can include systems for:
  • Student Success Management (e.g., advising, early alert, retention)
  • Enrollment Management (e.g., marketing, recruitment, yield)
  • Financial Aid Optimization
  • Academic Program Management
• Consulting Services: EAB offers tailored advisory services delivered by consultants with expertise in different areas of education. These services help institutions implement their recommendations and use EAB s platforms effectively.
• Collaborative Networks: They foster peer-to-peer learning and collaboration through conferences, workshops, and online communities.
• Focus on Data: A core strength of EAB is its emphasis on using data and research to drive decision-making at client institutions.

In summary, EAB is an organization that provides a combination of consulting, technology, and research to help educational institutions improve their performance and meet their strategic goals.

Revenue

• Private Company: EAB is a privately held company, meaning it s not required to publicly disclose its financial information.
• Estimated Revenue: While exact figures are not available, industry sources and reports suggest EAB generates several hundred million dollars in revenue annually. Estimates in recent years range from around $300 million to over $500 million, with continued growth.
• Revenue Sources: Their revenue is primarily derived from:
  • Subscription fees for access to their technology platforms.
  • Fees for consulting services and advisory engagements.
  • Membership fees for access to their research and networks.

Alternatives to EAB

There are various organizations that offer similar services to EAB, depending on the specific need of the institution. Here are some alternatives grouped by function:

• Consulting Firms (General Management Consulting Focus):

  • McKinsey & Company: Provides broad management consulting services, including some work with educational institutions.
  • The Boston Consulting Group (BCG): Similar to McKinsey, offering strategic consulting services across various industries, including education.
  • Bain & Company: Another top-tier management consulting firm with experience in the education sector.
  • Deloitte Consulting, PricewaterhouseCoopers (PwC), Ernst & Young (EY): These Big 4 firms have consulting arms that often work with educational institutions.

• Consulting Firms (Specialized Education Focus):

  • Ruffalo Noel Levitz (RNL): Focuses on enrollment management, fundraising, and student success.
  • CampusLogic: Specializes in student financial success solutions.
  • Huron Consulting Group: Works with higher education institutions in areas such as operations, finance, and research.
  • Credo: Focuses on strategic planning, student success, and branding for higher education.
  • Carnegie Dartlet: Provides enrollment marketing and student recruitment services.
  • Academic Impressions: Offers training, consulting, and resources for higher education.

• Technology Solutions Providers:

  • Ellucian: Offers student information systems (SIS) and enterprise resource planning (ERP) solutions for higher education.
  • Workday: Cloud-based finance and HR management platform used by some universities.
  • Salesforce Education Cloud: A CRM platform used for student engagement and other applications.
  • Anthology (formerly Campus Management and Blackboard): Offers learning management systems (LMS), student information systems, and other tools.
  • Civitas Learning: Focuses on data analytics and student success technologies.
  • Starfish by Hobsons: Focuses on student success and advising technology.

• Research and Data Focused Organizations

  • The Chronicle of Higher Education: Provides news, data, and research about higher education.
  • National Student Clearinghouse: Provides enrollment and degree verification data.
  • Ithaka S+R: A research and consulting organization focusing on higher education and cultural heritage.

Pricing

• Varied and Complex: EAB s pricing model is not publicly available and is highly variable based on several factors, including:
  • The type of service or technology solution selected.
  • The size and complexity of the institution.
  • The length and scope of the engagement.
• Subscription Fees: For technology platforms, they typically charge annual subscription fees based on the number of users, students, or other factors.
• Consulting Fees: Consulting projects are often quoted on a project basis, based on the estimated time, expertise required, and deliverables.
• Significant Investment: EAB services generally represent a significant investment for institutions.

Customer Care Details

• Dedicated Support Teams: EAB typically assigns dedicated account managers and implementation specialists to work with their client institutions.
• Online Resources: They provide online help centers, training materials, and user guides for their technology platforms.
• Client Portals: They often provide clients access to online portals where they can access resources, track project progress, and communicate with their account teams.
• Consulting Support: Consulting clients receive tailored support during engagements, with regular meetings and ongoing communication.
• Collaborative Forums: EAB offers opportunities for clients to connect with one another for peer learning and support.
• Customer Feedback: They likely gather and use client feedback for continuous improvement of their services and support.

Key Considerations When Evaluating EAB:

• Cost: The cost of EAB s services can be substantial. Institutions need to carefully weigh the potential benefits against the financial investment.
• Alignment with Institutional Goals: It s crucial to ensure EAB s recommendations and solutions align with the institution s specific needs, mission, and strategic goals.
• Data Privacy and Security: Institutions should thoroughly vet EAB s data privacy and security practices, especially if sensitive student or institutional data is involved.
• Implementation Capacity: Institutions need to assess their capacity to effectively implement EAB s recommendations and integrate their technologies.
• Return on Investment (ROI): Institutions should clearly define their expected outcomes and metrics for success when working with EAB to accurately measure their ROI.
• Review Client Testimonials: Institutions should seek feedback from current or past clients to understand the pros and cons of working with EAB.

In conclusion, EAB is a major player in the education consulting and technology space. Its approach of combining research, technology, and advisory services can offer considerable value to institutions, but thorough due diligence and careful planning are essential before engaging with their services.