- Moodle vs Canvas
- Excerpts from Canvas Instructure’s presentation to Investors
- Canvas has 20 pages of risk factors in its annual report (Form 10-K filed with the SEC) a few excerpts
Moodle vs Canvas
- Why are we focusing any energy on evaluating an alternative to Moodle when 80% of the SSU faculty responding to a survey indicated that they are: “extremely or somewhat satisfied" with Moodle?
- Features in Moodle 3.4. How does Canvas compare?
- Check out new features in Moodle 3.4
- r-exams is an powerful tool that I use to create quizzes for Moodle that are not compatible with Canvas.
- r-exams: One-for-All Exams Generator to export the same exercises to written exams, online quizzes, self tests, and live voting software.
- Create randomized dynamic exercises
Note: Canvas is not one of the possible outputs!
- All of my quiz questions are the cloze type (combination of the question formats), which is only compatible with Moodle.
- I will lose years of work if SSU switches to Canvas.
- If SSU continues with Moodle, I will offer free training and support to anyone that wants to learn how to use r-exams.
- Moodle is open source software
- SSU can host it or a third party can
- Third party hosts have little pricing power because there are low barriers to entry for competitors
- Canvas is commercial software owned by the public company, Instructure
- Only Canvas can host it
- Instructure’s strategy is to its increase market share at any cost
- Large losses now for future profit
- For every $1 of revenue it has 63 cents of Sales and Marketing expense
- For every $1 of revenue it loses 48 cents
- Negative cash flow
- Administrators conflicting messages to faculty
- to lower textbook costs for students by substituting open source for proprietary material
- to switch from an open source LMS (Moodle) to a proprietary one (Canvas)
- What are the attributes of a “next-generation” Learning Management System?
- If SSU switches to Canvas, what criteria will be used to assess whether the choice was a success?
- Why isn’t SSU carefully evaluating the options?
- Customers that Canvas promotes in its marketing materials have identified feature/functional gaps.
- Why would we rush to adopt a product only piloted by 16 classes with a total of 400 students for one semester (avg. class size of 25).
- Many of the Major features/functional gaps identified by Stanford are for larger classes that use quizzes for assessment.
- From Stanford’s website: Canvas feature/functional gaps list
- From UC Irvine’s website: it is listed as a customer but only 31% of instructors use it as of Winter 2018 and it will continue to have “Homegrown Tools”
- From UC Berkeley’s website: it also customizes its version of Canvas.
- Canvas executives have no experience in the educational market, but have lots of experience marketing
- Canvas lists stricter privacy and labor regulations in the EU relative to the US as risk factors for expanding its business in the EU. Why?
Excerpts from Canvas Instructure’s presentation to Investors
Canvas has 20 pages of risk factors in its annual report (Form 10-K filed with the SEC) a few excerpts
- Factors that are alarming
history of losses and anticipate that we will continue to incur losses for the foreseeable future and may not achieve or maintain profitability in the future.
We have incurred net losses of $110.9 million, $53.0 million, and $41.4 million 2016, 2015, and 2014, respectively. We had an accumulated deficit of $196.5 million at December 31, 2016.
- Revenue growth depends on government funding of education
We could lose revenue if there are changes in the spending policies or budget priorities for government funding of colleges, universities, schools and other education providers.
We face intense competition from other software companies that develop learning management systems. Canvas primarily competes with systems offered by Blackboard, D2L and Moodle in the education market.
Current competitors have, and potential competitors may have, significantly more financial, technical, marketing and other resources than us, and may be able to devote greater resources to the development, promotion, sale and support of their applications and services, have more extensive customer bases and broader customer relationships, and longer operating histories and greater name recognition than us.
- Concerned about stricter privacy laws in the EU relative to the US
more stringent regulations relating to data security and the unauthorized use of, or access to, commercial and personal information, particularly in the European Union;
- Concerned about stricter labor laws in the EU relative to the US
Differing labor regulations, especially in the European Union, where labor laws are generally more advantageous to employees as compared to the United States, including deemed hourly wage and overtime regulations in these locations;
- Collection and use of personally identifiable information, or PII, and other data from its customers and users
We use this information to provide services to our customers and users and to support, expand and improve our business.
Many foreign countries and governmental bodies, including the European Union, Canada, Australia and other relevant jurisdictions, have laws and regulations concerning the collection and use of PII obtained from their residents or by businesses operating within their jurisdiction.
These laws and regulations often are more restrictive than those in the United States. Laws and regulations in these jurisdictions apply broadly to the collection, use, storage, disclosure and security of data that identifies or may be used to identify or locate an individual, such as names, email addresses and, in some jurisdictions, Internet Protocol, or IP, addresses.
|Accounts||Year ending Dec 31, 2016||% Total Revenue|
|Subscription and support||97115||88%|
|Professional services and other||13765||12%|
|Subscription and support||24252||22%|
|Professional services and other||8497||8%|
|Total cost of revenue||32749||30%|
|Sales and marketing||69991||63%|
|Research and development||35973||32%|
|General and administrative||25542||23%|
|Total operating expenses||131506||119%|
|Loss from operations||-53375||-48%|
|Change in fair value of warrant liability||62||0%|
|Other income (expense), net||-353||0%|
|Total other expense, net||-26||0%|
|Loss before income taxes||-53401||-48%|
|Income tax expense||-167||0%|