Formac Software Services - Radical Solutions to Groom High Quality Professionals
India stands at the threshold of a digital revolution where each and every sector is ready to be digitized. Although technology aided education has umpteen advantages, not many institutions are willing to embrace this trend. There is mass underestimation of the efficiency of edTech tools and their competency in grooming and transforming technologically advanced young minds. Formac Software Services, founded by Koushik Yachendra & Venkata Duvvuri in the year 2013, is an education technology provider in the market with a focus on making students engage with technology to gather and retain knowledge for using it to communicate, collaborate, and innovate.Formac has ventured into the market with a long-term vision to provide high quality technologically enhanced education. The focus of the company is to empower the educational institutions to produce high quality professionals who are more competent and industry ready. Formac has developed sophisticated tools and solutions for both educational institutions (EPracto) and corporate sector (EYardstick). EPracto is skill enhancement software developed to assess students on various skill sets to boost employability and crack any competitive examination. The philosophy of EPracto is practice by doing, facilitating students to fine tune their preparation, analyse their competency, and target their learning thus filling the gap of aiding innovation in our current education system.
Formac is catering to the corporate sector through two innovative products: EYardstick and EYardstick Pro. EYardstick, is an all in one online assessment software designed to help companies assess and zero in on the right talent. Some of its distinctive features include secure user friendly video assessments, innovative sourcing, huge question bank and robust platform.EYardstick Pro is an advanced assessment tool that features assessment questions around real time solutions required for actual job performance.
EYardstick has a user base of 40 corporate firms. Till now, Formac has successfully completed 10 Lakh assessments for firms pan India
Team at Formac believes, India is still far behind in reaping the benefits of digital learning solutions because of the various infrastructure and mindset challenges. In advanced countries, the learning systems are now a step ahead from basic digitization to collaboration, micro learning videos and more. It is time we as a country should start embracing the technology for education to produce the quality output from our academic institutions to align with the goal of making India a skill capital of the world. Koushik believes Formac is ready for being the major contributor to the upcoming challenge.
Speaking about the reach and success of the Formac, Today, there are over 100 colleges and over three lakh students using EPracto services across 8 states in India. Formac has partnered with Ministry of Skill Development & Entrepreneurship and NSDC in its Skill India Initiative. Significant improvement in the retention of learning has lead to soaring conversion numbers in Campus recruitment tests, academic and competitive exams. Upto 60 percent increase in the employment opportunities and around 1 percent contribution to the creation of innovators showcase the nascent success of the company and more to come.
Team at Formac believes, India is still far behind in reaping the benefits of digital learning solutions because of the various infrastructure and mindset challenges. In advanced countries, the learning systems are now a step ahead from basic digitization to collaboration, micro learning videos and more. It is time we as a country should start embracing the technology for education to produce the quality output from our academic institutions to align with the goal of making India a skill capital of the world. Koushik believes Formac is ready for being the major contributor to the upcoming challenge.
Formac is catering to the corporate sector through two innovative products: EYardstick and EYardstick Pro. EYardstick, is an all in one online assessment software designed to help companies assess and zero in on the right talent
Speaking about the reach and success of the Formac, Today, there are over 100 colleges and over three lakh students using EPracto services across 8 states in India. Formac has partnered with Ministry of Skill Development & Entrepreneurship and NSDC in its Skill India Initiative. Significant improvement in the retention of learning has lead to soaring conversion numbers in Campus recruitment tests, academic and competitive exams. Upto 60 percent increase in the employment opportunities and around 1 percent contribution to the creation of innovators showcase the nascent success of the company and more to come.
