Expanding Educational Partnerships Follett Higher Education's recent collaborations with Howard University, University of North Carolina, and University of Wisconsin-Milwaukee highlight a strong trend of forming strategic partnerships with academic institutions, indicating a growing demand for comprehensive retail and learning management solutions.
Innovation in Learning The company's partnership with Saxbys Coffee to develop experiential learning programs demonstrates opportunities for technology-driven, hands-on educational initiatives that can enhance campus engagement and foster innovative retail models.
Digital Commerce Growth Follett's efforts to integrate product advertising via Koddi and expand its online campus stores suggest increased investment in digital commerce platforms, creating avenues for targeted marketing, advertising services, and online inventory management solutions.
Technology Modernization The recent contract with Tata TCS to develop a cloud-based IT infrastructure indicates an emphasis on modernizing operational technology, providing a pathway for selling cloud services, infrastructure upgrades, and IT consulting tailored for large-scale educational retail operations.
Market Leadership & Revenue Potential With over 1,000 campus stores and a revenue exceeding one billion dollars, Follett's dominant market position offers significant opportunities for scalable sales of retail technology, service solutions, and content management systems to maintain its competitive edge and expand market share.