The LMS market is projected to reach $11 billion in worth 2020. With this anticipated growth, corporate training investments are also steadily inclining - there is nearly $4.5 billion being invested in learning management systems for corporate training, as organizations are quick to jump on effective ways to deliver employee training.
Learning Management System News
LMS Reporting is a) The most sought after LMS feature, b) The feature LMS users are the least happy with, and c) The number one reason people seek to switch LMS vendors.
This is because many of the LMS LMS reporting and analytics solutions fall short in delivering what users need, making the search for a good solution a lengthy process. To make the process a little bit easier, our reporting experts have compiled a list of the 6 LMS reporting features that will meet your reporting needs, and prove the value of your learning and training programs to your stakeholders.
Last week, we published Part 1 of our recap of Bersin by Deloitte's report, HR Technology Disruptions for 2017: Nine Trends Reinventing the HR Software Market. Here is Part 2.
#4) Growth and Evolution of the Learning Market
The market for corporate learning and training is in the process of transformation. What’s driving the change? A few things:
In 2015, approximately 2.4 billion was invested in HR vendors - a 60% jump from the year before, signalling a massive disruption in the industry. This sudden increase in focus on HR technologies has people wondering, where did this interest come from?
One of the major decisions organizations have to make when implementing an LMS is whether to go with DIY (do-it-yourself), or outsourced hosting. Cloud-based hosting is an advanced form of hosting that incorporates greater support and service levels, and offloads the aforementioned duties to the managed hosting firm.
Topics: cloud hosting
LMS Reporting for open source learning is one of the top pain points among Moodle and Totara users. Moodle reporting needs are often complex, and they only increase over time (as programs grow, and organizations expand). Unfortunately, many of the LMS reporting and analytics solutions that are available simply do not have the capacity to provide what users need. This can make shopping for a LMS reporting solution a lengthy process, with limited success. We have compiled an easy checklist to help you select a robust solution, perfect for your LMS reporting needs.
We also held a webinar on Selecting the Right LMS Reporting Tool for your learning management system, where we go over some tips for the evaluation process.
The LMS landscape enhances training effectiveness for organizations in various markets, if you know which features to look for — but with over 600 options in the LMS market, shopping for a new platform is no easy task. We're going to outlinewhich LMS features allow you to enhance the effectiveness of training delivery, increase learner engagement and retention, enhance the user experience, all while saving time and money. This is the last blog in our 7-part series, Must Have LMS Features. Check out the last post here.
A common misconception about Moodle LMS is that it is only used by the education sector for the purpose of providing online learning. This is simply not the case, given Moodle’s diverse functionalities and it’s proven utility in almost every industry. Moodle LMS is used by organizations in a variety of fields, including but not limited to healthcare, government, enterprise and non-profit, in countless different ways. In our eBook, Corporate eLearning: Six Strategies for Leveraging Moodle, we discuss six of the most common ways Moodle is used to reach business objectives by organizations of all shapes and sizes. Here are the different areas in business that Moodle can assist you with:
The LMS landscape enhances training effectiveness for organizations in various markets, if you know which features to look for — but with over 600 options in the LMS market, shopping for a new platform is no easy task. We're going to outlinewhich LMS features allow you to enhance the effectiveness of training delivery, increase learner engagement and retention, enhance the user experience, all while saving time and money. This is the sixth of seven blogs in our series, Must Have LMS Features. Check out the last post here.
Educause recently published the NMC Horizon Report: 2016 Higher Education Edition, identifying the key trends, technologies, and challenges in adopting technology in higher education. Here, we will go over the challenges faced by higher education institutes in the digital age, and the steps they can take to solve them.