Background information on RM plc

The following is an excerpt from Step 3 of my first assignment…

I had been really hoping to be allocated an Australian firm who I was already familiar with, or at the very least, a firm who did something “exciting”, so when I saw that I had been given a computer software company from the UK, my initial reaction was rather uninspired.

When I perused the firms other students had been given, I have to be honest that I felt more than a little envious. I would have much rather been given firms such as Woolworths (who we are all familiar with), Buderim Ginger (a local company here on the Sunshine Coast), or Diageo (an alcohol distributor who can thank me for at least part of their success).

However as I started reading about RM plc, I found myself becoming surprisingly interested in who they were, especially as I learnt that they predominantly provide technology, software and play-based resources to the education sector. This interests me on multiple levels – my husband is a teacher, my son is a prep student, and I am now a university student. So, education based software is at least something that I feel that I can relate to.

RM plc (formerly Research Machines) are a UK based firm who were founded in 1973.

The group is made up of three distinct companies:

RM Resources
RM Resources supplies schools and nurseries in the UK with curriculum and education resources. They have two key brands – TTS and Consortium. TTS have a lot of the “fun” learning resources like what you often see in classrooms here in Australia, such as building blocks and magnetic letters. They also have other unique products, such as large foam numbers, which are designed for learning math in the outdoors. Consortium, “the education supply people” are a recent acquisition for RM plc. They seem to have more stationery and essential supplies, such as glue and pencils, rather than teaching resources. Both brands appeared to include a wide variety of high quality products.

RM Results
RM Results provide technology and software which allows for exams to be marked electronically. Specifically, they have developed the market leading e-marking platform RM Assessor, which is used to mark around 160 million exam pages each year.

The following short video entitled “What is e-marking?” explains clearly how their software works.
https://vimeo.com/168306296

RM Education
RM Education provide a wide variety of technology-based solutions to thousands of schools throughout the U.K. These include products and services such as charging trolleys and mounting options, RM Accounts – accounting software specifically designed for the education system, audio visual, cloud backup, desk top and laptop computers, device management, tuition software, web filtering, print services, flexible IT support, teaching and learning apps and essential infrastructure hardware.

They are also the UK’s only dedicated educational internet service provider for schools.

To further highlight their position as a market leader in the area of technology, have a quick read about one of their recent staff development events, where they explored the potential development of products such as robots and AI assistants for classrooms, and using facial recognition software to mark attendance!

https://www.fenews.co.uk/press-releases/27365-edtech-athon-at-rm

Reading through RM plc’s website, it seems that the Department of Education in England is one of their biggest customers, as they provide services to over 7000 schools nationally. However, I was surprised to notice that ACCA (Association of Chartered Certified Accountants) is also listed as a client.

If anyone is interested in reading the case study, it can be found here:

https://rmresults.com/case-studies/acca-doubles-exam-capacity-with-rm-assessor

One thought on “Background information on RM plc

  1. Wow Emma. What a wonderful inventive company you have been given to critique. I have done some of the education degree and hence I am also passionate about it; not only myself but for my children as well. What an interesting concept RM Resources/Results/Education have created for themselves and reading about their equity investors the company sounds like it is sitting pretty. I have a friend who is a teacher but lectures at the Mackay CQUniversity. She is currently doing her doctorate on the fairness of marking exams/assessments across the country. I am surprised that software can assess grammar, like adjectival phases and embedded clauses for example. Very intuitive of computer programmers indeed. Personally, I’m not so sure about the facial recognition software though, I think we receive enough radiation from the devices around us. I have this option turned off on my iPhone. Your blog is easy to read and highlights the firm subsidiaries beautifully. Looking forward to seeing the spreadsheet and reading your KCQs of Chapter 2 and 3.1-3.2. Cheers, Deb 🙂

    Like

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