동두천 토익과외 While the government has increased its focus on vocational training, the real booster for Everonn may come from the government’s decision to set up vocationaltraining centres in government schools/colleges in a public-private partnership (such as ICT).동두천 토익 We understand that some of the global education players such as Apollo Group and Raffles Education, which provide vocational education, are keen on entering India, preferably through partnerships with Indian companies. Given Everonn’s beachheads in the segment, it may be a potential candidate for such a tie up.동두천 토익 ViTELS may drive growth but scale up is critical (Rsm) FY08CL FY09CL FY10CL No. of classrooms 325 475 625 Average revenue per old classroom 1.35 1.35 Average revenue per new classroom 1.0 1.0 Revenue from ViTELS (Rsm) 284 589 791 Investment per school classroom 0.25 0.25 No. of classrooms added 150 150 No. 동두천 토익 of studios added 1 2 Investment per studio 15 15 Capex in ViTELS 46 61 Source: CLSA Asia-Pacific Markets Early-stage expansion into newer segments Schools management Everonn is aggressively looking to enter the schools business by taking over the management of public schools in operation. It manages a school in Kochi 동두천 토익 and expects to add two to three more schools to its portfolio. Also, it plans to target schools run in public sector undertaking townships (Sail/Isro) for children of resident-township employees. Testing and alliance partner services (Taps) Everonn designs and delivers customised and standardised testing and assessment services to individuals, educational institutions and corporations. Execution capability will need to be watched International partnerships are likely in vocational training Government participation may result in positive surprises Multimedia in schools is a new wave Everonn can extract a pie of this opportunity Everonn Systems - U-PF Indian education 76 bhavtosh.vajpayee@clsa.com 14 March 2008 It has tied up with Educational Testing Services (ETS) to administer tests such as TOEFL and GRE. With about 85,000 students taking either one
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