® Creatng the FUTURE EdTech Ecosystem TOGETHER 2018 ANNUAL REPORT Fiscal Results and Progress 2017 IMS GLOBAL ANNUAL REPORT 1 Message from the CEO and the Chairman To IMS Global Stakeholders Worldwide: We are pleased to present the annual report for calendar and fscal year 2018, the 13th consecutve year of growth for the IMS Global Learning Consortum. This report features some of the highlights of the progress within the IMS community during 2018. The IMS vision of seamlessly integrated educatonal applicatons that work together to improve educatonal experiences is shaping both the present and the future. Thousands of hours and millions of dollars of investment made by IMS members (imsglobal.org/members), now involving more than 4,400 leaders across suppliers, universites, school districts, and states worldwide, have made IMS technical standards a pervasive element across K-20 educatonal technology. IMS has become one of the largest and best-resourced technology collaboratons. Every day IMS members are putng in place a new interoperable fabric to enable and support diverse needs for innovaton and educatonal transformaton. As of December 31, 2018, over 490 organizatons are now collaboratng via IMS Global, including 50 new member organizatons that joined in 2018. The annual IMS revenues rose 15% to over $5.4 million. The IMS conformance program surpassed 1,600 certfcatons since its incepton in 2009 with 523 certfcatons in 2018 alone. Leading suppliers are using IMS standards in service to thousands of universites and school districts worldwide, with millions of integrated app launches and data events every month. Most importantly, universites, school districts, teachers, and students have benefted with beter integrated, more innovatve, and efectve digital products featuring tmely data and insights. IMS believes that the challenges and solutons in educaton are best shared across all levels of educaton: K-12, higher educaton, and lifelong learning. At the votng membership level, IMS is split 50/50 across suppliers and insttutonal organizatons. It is also a 50/50 split among higher educaton and K-12 representaton. This is a powerful formula that ensures IMS is innovatng by achieving a high return on investment across all stakeholders. The collaboraton across the K-12, higher educaton and corporate educaton sectors in IMS is resultng in the creaton of substantally beter ways for a student to tell their story and link their accomplishments to career and life opportunites. Examples of breakthrough IMS cross-sector work that is enabling this beter future include Open Badges 2.0, Comprehensive Learner Record, and Competencies and Academic Standards Exchange® (CASE®). In 2018, IMS began some historic collaboratve investments that will make it even easier for insttutons and suppliers to leverage the connected ecosystem and to achieve even deeper levels of seamless integraton, including the 1EdTech Ecosystem Initatve and the CASE Network. As we enter 2019, the need to innovate in the delivery of educaton in both formal and informal setngs has never been higher and will contnue to grow. Working closely with our many partners in the sector, IMS will be working diligently to ensure that every classroom is digital on day one, every faculty member has access to actonable insights, and every student has the means to compile a lifetme of meaningful educatonal experiences. The future of educaton is in your hands through the IMS collaboraton. Thank you for your leadership! 2017 IMS GLOBAL ANNUAL REPORT 2 LEADING the advancement of educatonal technology and innovaton and CREATING VALUE for educatonal insttutons for over 20 Years 2018 AT-A-GLANCE 1EdTech & CASE Network Announced and began work on two major collaboratve initatves that will make it radically easier for school districts to make digital resources and applicatons available to teachers and students, and for districts, states, and edtech suppliers to align learning standards and edtech products. Both projects are set to launch in 2019. App Vetng & Privacy Alliance Created a new community-driven process to examine and share informaton about the data privacy supported by educatonal applicatons. The IMS App Vetng service ensures that a minimum standard of privacy and security is met and provides assurance that the informaton gathered by these educatonal applicatons is being used responsibly. Caliper Analytcs v1.1 Published a major upgrade of the leading learning analytcs interoperability standard. Caliper provides a framework for standardizing the collecton of learning actvity data from multple systems and the disseminaton of learning analytcs. Open Badges 2.0 Certfed all of the leading digital badge issuing platorms for the new OBv2 standard. This set of innovatve products and companies are providing the leadership that will make it possible to implement new educatonal models at scale by making it easy to adopt a beter educatonal credental. Partner Collaboratons Established agreement with EUNIS (European University Informaton Systems) to work together to advance technology infrastructures and promote teaching and learning excellence across Europe. Started program with New Markets Venture Partners that is open to all venture capital frms to help early and growth-stage edtech startups partcipate in IMS and streamline their path to become market leaders. 2018 IMS GLOBAL ANNUAL REPORT 3 Becoming one of the LARGEST & MOST INFLUENTIAL member-based standards consortum in the world and the only organizaton achieving pervasive edtech standards adopton across K-20 & corporate educaton 50 + NET NEW MEMBER ORGANIZATIONS ADDED IN 2018 492 523 MEMBER ORGANIZATIONS (AND GROWING) PRODUCT CERTIFICATIONS IN 2018 $5,496,989 RECORD LEVELS OF REVENUE GROWTH FOR THE 13TH YEAR IN A ROW $8,008,096 2018 NET ASSETS MEMBERSHIP HAS INCREASED 19.23% CAGR OVER THE LAST 13 YEARS REVENUES HAVE GROWN 13.24% OVER THE LAST 13 YEARS 2018 IMS GLOBAL ANNUAL REPORT 4 Creatng a verifed ecosystem of innovatve, plug-and-play, and data-rich edtech products based on open standards via the investment and commitment of our CONTRIBUTING MEMBERS HIGHER EDUCATION INSTITUTIONS Academic Center for Computng & Media Studies, Kyoto University Southern New Hampshire University/College for America American Public University System SURFmarket bv Arizona State University Univeritat Oberta de Catalunya Bill & Melinda Gates Foundaton University of Britsh Columbia Brandman University University of California San Diego Brigham Young University University of California System Brigham Young University - Idaho University of Central Florida Board of Trustees California State University, Ofce of the Chancellor University of Florida Capella University University of Kentucky Colorado State University Online University of Maryland University College Colorado Technical University University of Maryland, Baltmore County Cyber University University of Michigan Framingham State University University of Notre Dame ICT & Systems Development, Umeå University University of Phoenix Indiana University University of Toronto Jisc University of Wisconsin Kentucky Community & Technical College System (KCTCS) University of Wisconsin Extension Kyoto College of Graduate Studies for Informatcs University of Wisconsin System Adminstraton Madison College: Digital Credentals Insttute Washington State Board for Community and Technical Colleges Northcentral University Western Governors University Online Educaton Center of OUJ Wichita State University Ofce for Workforce, Professional and Open University Community Educaton Oregon State University Pennsylvania State University Purdue University Research Center for Computng & Multmedia Studies, Hosei University K-12 SCHOOLS & DISTRICTS Alief Independent School District Austn Independent School District Henry County Schools Baltmore County Public Schools Houston Independent School District Bibb County School District Idaho Digital Learning Broward County Public Schools Katy Independent School District Chicago Public Schools Keller Independent School District Clayton County Public Schools Laramie County School District #1 Colorado Virtual Academy Lee County Public Schools Crosstown High School Mastery Transcript Consortum Deer Park Independent School District Neosho School District DeKalb County Schools New York City Department of Educaton District School Board of Pasco County North Allegheny School District Edina Public Schools Orange County School District Escambia County School District Park Hill School District Fayete County Public Schools - GA Pitsburgh Public Schools Fayete County Public Schools - KY Polk County Public Schools FLVS - Florida Virtual School School District of Palm Beach County Forsyth County Schools School District of Philadelphia Fulton County Schools School District of Pickens County Grapevine Colleyville ISD Seatle Public Schools Gwinnet County Public Schools Spring Branch Independent School District Hall County Board of Educaton Volusia County Schools Harford County Public School Wisconsin eSchool Network Inc. 2018 IMS GLOBAL ANNUAL REPORT 5 GOVERNMENT / STATE EDUCATIONAL AGENCIES College voor Examens New Meridian Corporaton (PARCC Consortum) Delaware Department of Educaton New South Wales Department of Educaton Georgia Department of Educaton New Zealand Ministry of Educaton Kennisnet Foundaton Norwegian Directorate for Educaton and Training KERIS Smarter Balanced Assessment Consortum, State of Washington Maryland State Department of Educaton South Carolina Department of Educaton Michigan Collaboraton Hub