Accreditation is an ongoing assessment procedure to ensure companies or organizations are technically competent, have appropriate resources,comply the required standards, and are capable of sustaining the respective marketsfor longer duration. Environment, manufacturing, health and welfare, commerce and finance, farming and food, education, aerospace & defense, and laboratories are among the prominent areas where accreditation management software are used.The accreditation management software also enable the easy integration of a fully customizable and comprehensive accreditation information management system into the user’s existing system.
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Impact of COVID-19 Pandemic on Accreditation Management Software Market
The COVID-19 outbreak, which began in Wuhan (China) inDecember 2019, has spread at a fast pace worldwide. The global factoryshutdowns, travel bans, and border lockdowns, to combat and contain theoutbreak, have impacted every industry and economy worldwide.To control thespread of virus globally, governments of different countries have beenimplementing several measures to promotesocial distancing. As a part of these measures, lockdowns have been imposed,encompassingschools, universities, colleges, companies, and factories.This step hasdisrupted education sector and different business activities. As a matter offact, accreditation is highly important in all sectors. However, shutdowns ofuniversities would lead to lesser use of accreditation management software,which are used for managing activities such as faculty management and studentmanagement.
Companies such as Ceatrix Campus offer accreditation management software to cater to the requirements of dental,medical, and nursing colleges. Comp WALK is another provider of premiere accreditation management systems that combine integral pieces of anaccreditation process into a single cohesive solution, resulting in a moreefficient and scalable accreditation process.
In the accreditation management software market, companiesmainly adopt the market initiatives strategy to expand their footprintworldwide by meeting the growing demand for their offerings. This strategy ismostly observed to be implemented in the market in North America. A few of therecent initiatives in the accreditation management software market are listedbelow:
2020: SPOL formed a strategic alliance with the Society forCollege and University Planning, combining SCUP’s programs and expertise inintegrated planning with SPOL’s technological resources. The companies havejoined forces to provide services and software designed to help institutionsrefocus their integrated planning efforts and strengthen their core structures.
2020: Watermark announced a new partnership with eWorks to better assist Australian higher education institutions in simplifying student feedback processes and getting valuable data into the hands of stakeholders.
2019: Liaison International partnered with Global Engineering Deans Council (GEDC). Becoming a member of GEDC would allow Liaisonto improve the future of the graduate engineering student experience and the engineering profession as a whole.
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