- Renaissance Learning
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Renaissance Learning Type Public Traded as NASDAQ: RLRN Industry Educational software Founded 1985 Headquarters Wisconsin Rapids, Wisconsin Area served International Key people Judith and Terrance Paul (founders) Products Accelerated Reader, Accelerated Math Revenue $120.82 million (2005)[1] Net income $19.1 million Employees 956 (February 1, 2006)[2] Parent Permira Subsidiaries AlphaSmart; Humanities Software, Inc.; Renaissance Learning UK Ltd.; Renaissance Corporate Services Website http://www.renlearn.com Renaissance Learning Inc. (RLI) is an educational software and hardware company, publicly traded on the NASDAQ exchange under the ticker symbol RLRN.[3] It is headquartered in Wisconsin Rapids, Wisconsin, USA, with offices in Canada, and the United Kingdom. As of October 16, 2011 Renaissance Learning is no longer being traded as a public company, the company being privately owned by Permira, a British private equity company.
The company creates educational software (see list) and hardware for K-12 schools (primary and secondary), and over 67,000 schools in the USA use their software.[4][5] The company's software includes applications for reading, math, language acquisition, and early literacy. Most of the company's software products are daily task management and/or progress-monitoring tools for various academic skills (e.g., math practice).[6] With the 2005 acquisition of AlphaSmart and the release of the 2Know! Classroom Response System, the company now provides, in addition to its software products, hardware to assist with writing, scoring tests, and other educational purposes.
On August 16, 2011, the company agreed to be acquired by private-equity firm Permira Funds, a UK-based firm.[7]
Contents
History
Accelerated Reader, the company's flagship product, was created in 1985 by Judith and Terrance "Terry" Paul founded the company in 1986 under the name "Advantage Learning Systems" (ALS). The company's name changed to the current "Renaissance Learning, Inc."[8] (RLI) in 2001. The couple own about 75% of RLI.[4] For more information about the company's history, see the history profile from the International Directory of Company Histories.
The Pauls are also benefactors of the LENA Foundation, a non-profit organization that develops advanced technology for the early screening, diagnosis, research, and treatment of language delays and disorders in children and adults.
Subsidiaries
- Renaissance Learning of Canada Co., Nova Scotia, Canada*
- Renaissance Learning UK Limited, United Kingdom[9]*
- RL Investments, Inc., Nevada, USA*
- RL Asset Management, Inc., Nevada, USA*
* Source: Annual Report, Form 10-K, 2005[10]
Assessment philosophy
Renaissance Learning, Inc. believes that there are three types of progress-monitoring assessments, listed below in "Tiers". Most of the software created by the company fits into these three "Tiers." The company's pyramidal logo (see graphic) is a metaphor for the purpose and use of its software.
Tier 1: Daily Progress Monitoring
"Tier 1" assessments are daily progress-monitoring assessments. This type of software is designed to monitor skills practice and provide feedback on the impact of instruction. This software provides the most information, often on a daily basis; thus, the associated tier is larger than the other tiers. For example, Accelerated Reader monitors reading practice, and provides information concerning how well students are reading (like reading rates or amount of reading). Tier 1 software include Accelerated Reader, Accelerated Math, Accelerated Vocabulary, Accelerated Grammar & Spelling,* and Accelerated Writer.*Tier 2: Periodic Progress Monitoring
"Tier 2" assessments are periodic progress-monitoring assessments. This type of software is designed to provide information about student achievement two to ten times per year with at least monthly intervals. Basically, these assessments fit in between daily and high-stakes annual tests (Tier 3). Tier 2 software include STAR Reading, STAR Math, and STAR Early Literacy. (See STAR (software) for an overview of the STAR Assessments.)Tier 3: Annual High-Stakes Tests
"Tier 3" assessments are high-stakes assessments like state tests. The company provides a Tier 3-type assessment called AssessmentMaster,* but Tier 3 assessment usually appear in the form of state tests (not provided by RLI).*Product discontinued as of May 2006.[11]
Software platforms
Desktop software
Desktop versions of Renaissance Learning software were designed to run in client-server or standalone environments, using Renaissance Learning proprietary databases, on Macintosh, Windows or Novell networks, to Macintosh or Windows clients. In the case of the client-server environment, the database was installed onto a server, and the client software was installed on any and all machines required to access the database. For a standalone installation, database and client software resided on the same computer. In these older software versions, the databases consisted of one unified student list, per licensed school building, with classroom and teacher assignments unique to each program, but easily duplicated between their software packages, to minimize redundant data entry. Thus for example, STAR Reading, STAR Early Literacy and Accelerated Reader could all use one master list of students, with customized classroom organization per program. Further, Accelerated Reader quizzes and Accelerated Math libraries, also licensed to a single school building, could be installed into their respective databases (in either the stand-alone or network setups).
Client-server software / web-based
Renaissance Place, a newer, web-based system, runs on a Windows server platform, using MSDE 2000 or SQL Server for the database, and Internet Information Services (IIS) to deliver a front end to any computer, on any platform, with only a web browser required to be installed (except for some packages, which have further requirements). Renaissance Place hosts most of the software and all three types of assessment created by Renaissance Learning. Once a school purchases the software, students, teachers, and administrators can access the purchased software online by entering a user ID and password.
Renaissance Place provides a number of benefits over the traditional desktop versions. Instead of installing software on each computer, students, teachers, and administrators can access all of the purchased software in one place. Teachers and administrators can access reports and data from any computer, and data is consolidated in one area. Just as with the client-server model for the company's older desktop versions, the Accelerated Reader quizzes of any type and Accelerated Math libraries are all still installed to the server, as these are still licensed to individual school buildings. Additionally, Renaissance Learning offers to host the school's data for a fee, reducing the time required of the school's technical specialist for maintaining a server. Renaissance Place versions of Renaissance Learning's software are compliant with the Schools Interoperability Framework (SIF).
Reading software
Accelerated Reader
Accelerated Reader, the company's flagship software created in 1985 and defined as "reading management software," is intended to help "teachers guide students' independent reading practice and motivate students to read more books."[12] Essentially, "AR" is an assessment that primarily determines whether a student has read a book, with more efficiency, speed, and accuracy than a book report because it is computer-scored. The software provides additional information to teachers regarding reading rates, amount of reading, and other variables related to reading. In May 2006, the company announced Accelerated Reader Enterprise positioned for use for entire school districts. This version offers the entire library of quizzes.[13] See Accelerated Reader for more details.
STAR Reading
STAR Reading is a computer-adaptive reading test and database. It assesses students' reading levels and provides norm-referenced reading scores for students in grades 1 through 12.[12]
STAR Early Literacy
STAR Early Literacy, a computer-adaptive diagnostic assessment, is an assessment of early literacy skills of students in grades Pre-K through 3. It assesses phonemic awareness, phonics, and other readiness and literacy skills. Additionally, it identifies specific strengths and weaknesses in these skills.[12]
English in a Flash
English in a Flash is a language acquisition tool for grades K through 12 intended to be used with English Language Learners (ELLs) and English as a Second Language (ESL) students. It helps students build vocabulary and grammar.[12]
Read Now Power Up!
Read Now Power Up! is a reading intervention program for students in grades 5 through 9. It combines Steck Vaughn's Power Up! with Read Now.[14] It features lessons, activities, and reading materials that are intended to motivate students and provide teachers with information to address individual needs.[12]
Fluent Reader
Fluent Reader allows for students to practice reading texts out loud, into the computer, to diagnose their reading and pronunciation capabilities.[15] The package also comes with Audio CDs, so that students can listen to reading passages. The passages are available at several grade levels, and optionally include phonics practice.[16] Fluent Reader uses the Renaissance Place framework, along with other required software for its recording capabilities.[17]
Math software
Accelerated Math
Accelerated Math, a "math management program for grade 1 through calculus," is designed to work with any curriculum or textbook. It generates "personalized math assignments at each student's level," and it scores the assignements via scanner. Additionally, it provides reports and record-keeping functions to monitor student progress and address individual needs.[12] In May 2006, the company announced Accelerated Math Enterprise positioned for use for entire school districts. This version offers the entire math library, from first grade math to calculus.[18] See Accelerated Math for more details.
STAR Math
STAR Math, a computer adaptive math test and database, provides norm-referenced math scores for students in grades 1 through 12. Like other software provided by the company, it provides data regarding individual progress.[12]
MathFacts in a Flash
MathFacts in a Flash is software intended to enhance the mastery of computational fluency, and it is similar to math flash cards on a computer (thus the name "in a Flash"). It provides practice with addition, subtraction, multiplication, division, and other math facts. It allows students to work at their own pace and provides immediate feedback on areas of difficulty. It includes timed tests and reports of individual progress.[12]
Other software
- Renaissance Place (see above)
- The 2Know! Classroom Response System comes with software called 2Know! Toolbar, which assists with receiving and scoring response from the 2Know![19]
- Accelerated Vocabulary, now part of Accelerated Reader Enterprise Edition.[20]
- AccelTest, software for creating quizzes and tests[21]
Discontinued software
The following software were discontinued as of May 2006:[11]
- Accelerated Writer
- Accelerated Grammar & Spelling
- AssessmentMaster (formerly StandardsMaster)
Hardware
Renaissance Learning recently began providing educational hardware with the acquisition of AlphaSmart in 2005. For information on the AlphaSmart product line, see the AlphaSmart page.
The company has recently created the 2Know! Classroom Response System, which is intended to aid classroom participation and assessment. Each student uses a wireless handheld device that looks like a cross between a cell phone and a calculator. The device has a small LCD screen with a number of buttons, including a phone-type number pad, ABCDE voting buttons, True/False buttons, and other miscellaneous buttons.[22] Using wireless technology, teachers can post questions and receive student responses without using paper-and-pencil quizzes or disruptive raise-your-hand techniques. The system can use built-in assessments or teacher-made assessments. The hardware also comes with the 2Know! Toolbar, software to help receiving and scoring information from the 2Know!.[19]
Independent support and popularity
A number of independent agencies have found Renaissance Learning products to be technically sound. For example, the Comprehensive School Reform Quality Center ranked Renaissance Learning's comprehensive school reform model as third of 22 models.[23] "Sharing Success," a project that is "publicly funded by the New York State Legislature and the Governor's Office to identify and disseminate successful educational programs and practices statewide,"[24] has favorably reviewed the research on Renaissance Learning's products.[25]
In August and October 2006, eSchool News conducted an online survey asking readers which reading and math software were the best for various categories. Accelerated Reader, Accelerated Vocabulary, English in a Flash, Fluent Reader, STAR Early Literacy, and Read Now Power Up! were among some of the best reading software.[26] Accelerated Math was among some of the best math software.[27]
RLI itself maintains a research webpage, covering uses of its products for support of various curriculum.[28] Its products have also been covered by the Education Resources Information Center (ERIC).[29]
References
- ^ Key statistics for Renaissance Learning Inc.; Yahoo!Finance; retrieved September 30, 2006.
- ^ Renaissance Learning 2006 10-K, retrieved September 30, 2006.
- ^ CNN profile of RLRN
- ^ a b Yahoo! Finance profile of Renaissance Learning, Inc.
- ^ Northwest Regional Education Laboratory description of the "School Renaissance" system.
- ^ National Center for Student Progress Monitoring webpage
- ^ Stynes, Tess. "Permira to Buy Renaissance Learning". Wall Street Journal Online. http://online.wsj.com/article/SB10001424053111903392904576512461089645014.html?mod=googlenews_wsj. Retrieved 16 August 2011.
- ^ Consolidated Balance Sheet Form 10-Q, filed 8/13/2001.
- ^ Information regarding the UK division
- ^ Annual Report, Form 10-K from 2005
- ^ a b Electronic Education Report article (subscription only): Renaissance Learning will streamline product line and organizational structure. (2006, May). Electronic Education Report, 13(8), pp. 1, 6-7.
- ^ a b c d e f g h Renaissance Learning. (2006). Daily and periodic progress-Mason Hertzog assessment systems. Wisconsin Rapids: Author. (This is a new advertising pamphlet.)
- ^ Accelerated Reader Enterprise information on PDF.
- ^ Reading software webpage lacks "Read Now" alone.
- ^ Fluent Reader overview page
- ^ Fluent Reader reading passages page
- ^ Renaissance Place system requirements (PDF). Fluent Reader client requirements are listed at the bottom of page two, under "Other."
- ^ Accelerated Math Enterprise information on PDF.
- ^ a b 2Know! Classroom Response System webpage
- ^ Accelerated Vocabulary page, as part of Accelerated Reader Enterprise Edition.
- ^ AccelTest webpage
- ^ Image of the CRS
- ^ CSRQ Webpage See page 208.
- ^ Best Reading Software--the 2006 Reader's Choice Awards from eSchool News.
- ^ Best Math Software--2006 Reader's Choice Awards from eSchool News.
- ^ RLI Research Page Find research studies on RLI products.
- ^ ERIC Go to Education Resources Information Center to find studies on RLI products.
^ http://www.flickeringmind.net, "THE FLICKERING MIND: Saving Education From the False Promise of Technology," by Todd Oppenheimer (Random House, 2003, 2004), Chapter 9, pp. 240-304
External links
- Renaissance Learning, Inc.
- Renaissance Learning UK Ltd., the United Kingdom website
- Company History from the International Directory of Company Histories at Answers.com
- Description of Advantage Learning Systems in an equity research review of the company (see pp. 147-164).
- RLRN Merger Lawsuit Investigation Info
Categories:- Companies listed on NASDAQ
- Wood County, Wisconsin
- Educational software companies
- Companies based in Wisconsin
- 1986 establishments
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