TI also announced today that Statworks India Pvt. Ltd. would be the distributor for scientific calculators in India. An agreement to this effect was signed by Dr. Peter Balyta, General Manager, Sales and Marketing, Education Technology, TI Asia and Mr. Maheskantha Balasubramaniam, Managing Director, Statworks India. The TI scientific calculators feature a high quality MultiView display, MathPrint capability and enhanced analytical functions best suited for the needs of the Indian engineering, science and commerce students. From basic calculations to sophisticated 2-variable statistics, conversions, regression analysis and scientific data plotting, TI’s scientific calculators provide a range of functionality for engineering, general mathematics, algebra, trigonometry and statistics. With these calculators, students will have more tools for learning and exploring mathematics and science concepts. They will also enable students to determine the numeric derivative and integral for real functions. Users can also perform one- and two-variable analysis, and display six different regression models.
“The launch of TI scientific calculators in India is significant because of the government’s initiative of declaring 2012 as the Year of Mathematics,” said Dr. Peter Balyta, General Manager, Sales & Marketing, Education Technology, TI Asia. “Students all over the world are leaning towards advanced technology enabled interactive methods for analysis and calculations. We are confident that TI scientific calculators will be a very useful tool in the hands of students as they expand their horizons in mathematics and allied subjects.” Mr. Maheskantha Balasubramaniam, Managing Director, Statworks said, “We are happy to partner with TI for distributing their scientific calculators in India. We believe that TI scientific calculators will get a very good level of acceptance among teachers and students in India.”
The market for scientific calculators in India is growing at a CAGR of around 15 percent year-on-year according to IMRB Scientific Calculators Market Study, 2012. This growth is being driven by growing acceptance and increase in enrollments to higher education. Engineering is the single largest segment contributing to more than a third of the market. Science and Commerce are emerging sectors witnessing increase in usage of scientific calculators in the recent past.
Along with the launch of scientific calculators, TI is also unveiling an initiative titled “Promoting Mathematics through Technology”. The aim of this initiative is to increase students' engagement in the classroom learning process and set up a strong foundation in concepts related to math and science. In 2011, TI introduced ‘Nspired Learning' in India, a math and science learning solution for schools. TI is also exploring opportunities to introduce TI Nspire CAS Learning solutions for higher education.
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Sourced From: Genesis Burson-Maresteller