Pearson plc, an international education company, operates in the education and consumer publishing markets. The company creates and manages intellectual property, which it promotes and sells to its customers under known brand names. It delivers its content in various forms and through various channels, including books and online services. The company offers services, as well as content, from test creation, administration and processing to teacher development and school software. Though it operates in approximately 70 countries worldwide, its largest markets are the U.S. and Europe. Operating Divisions The company provides educational materials and learning technologies. It provides test development, processing and scoring services to governments, educational institutions, corporations, and professional bodies worldwide. The company publishes across the curriculum and provides a range of education services, including teacher development, educational software, and system-wide solutions; and owns and operates schools. The company consists of its worldwide education businesses, including the FT Group plus a 47% interest in Penguin Random House. We report Pearson’s performance in three segments: North America, Growth, and Core. North America The company’s North American business serves educators and students in the U.S. and Canada from early education through elementary, middle and high schools and into higher education with a range of products and services, such as courseware, including curriculum textbooks and other learning materials; assessments, including test development and scoring; and services, including the provision of online learning services. Its primary market is North America, and across the U.S. the company works with states, schools and colleges to help make education more effective, accessible and affordable for a diverse community of learners. The company’s North America school business offers early learning solutions that help educators and families teach fundamental math and literacy skills; elementary and secondary imprints publish school programs in reading, literature, math, science, and social studies; and digital instructional solutions for pre K-12, such as enVisionMATH and Miller-Levine Biology. Through its Connections Education business the company provides school management services and operates virtual and blended schools. Testing plays an integral role in determining educator and student success and the company provides educational assessment services in the U.S. The company marks large-scale school examinations for the U.S. federal government and approximately 25 American states, scoring various machine-scorable test questions and evaluating approximately 111 million essays, portfolios, and open-ended test questions every year. The company’s solutions include learning assessments to help gauge how students learn, talent assessments to help growing companies develop their workforce, and clinical assessments to help psychologists and speech/language/hearing/occupational and physical therapists diagnose and monitor patients. The company’s North America Higher Education business offers learning services for students, colleges and universities in the U.S. It provides learning tools and technologies, and approximately 3 million U.S. College students are pursuing their studies online using Pearson Higher Education’s products. Its custom content and curriculum solutions offer educators the opportunity to tailor their programs based on the needs of students. The company also offers workforce education products and flexible workforce development solutions. Growth Markets The company reaches approximately 2 million students directly through its English language schools in China, Brazil and elsewhere, its partner schools in Brazil and India, and its higher education institutions in South Africa, as well as with its textbooks and educational software. In Brazil, the company offers primary and secondary education with its ‘sistemas’ or learning systems, which include COC, Dom Bosco, Pueri Domus and NAME. In South Africa, it runs 13 of its CTI and MGI campuses throughout
pearson plc (PSON:London)
London, WC2R 0RL
Phone: 44 20 7010 2000
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