More companies across the world are choosing to deliver their training online. In fact, the eLearning market is growing so fast that it has seen a 900% growth since the beginning of the century especially due to covid-19. To deliver eLearning courses, companies need a Learning Management System (LMS).
A Learning Management System is a software that companies use to develop, deliver, and track training for their employees, clients, and partners. Until recently, hearing the word “training” made us think of a classroom with an instructor giving a lecture in front of students. And if we were talking about “corporate training,” we would picture a large conference or a day-long workshop.
This is the traditional way of training. Online training has now gained popularity, especially in times where connecting online is easier than meeting in person. As companies, instructors, and learners see the benefits of virtual training, the eLearning market will keep growing.
When companies use an LMS to deliver training online, learners from anywhere in the world can connect with instructors, whether in real time or through recorded sessions. At the same time, trainees have access to online training material (courses, guides, quizzes, videos, etc.) any time they want.
The main purpose of a learning management system is to offer quality education to learners by managing the content delivery. An LMS delivers and manages all types of content, including video, courses, and documents. In the education and higher education markets, an LMS will include a variety of functionality that is similar to corporate but will have features such as rubrics, teacher and instructor facilitated learning, a discussion board, and often the use of a syllabus. A syllabus is rarely a feature in the corporate LMS, although courses may start with heading-level index to give learners an overview of topics covered.
An LMS can be either hosted locally or by a vendor. A vendor-hosted cloud system tends to follow a SaaS (software as a service) model. All data in a vendor-hosted system is housed by the supplier and accessed by users through the internet, on a computer or mobile device. Vendor-hosted systems are typically easier to use and require less technical expertise. An LMS that is locally hosted sees all data pertaining to the LMS hosted internally on the users internal servers. Locally hosted LMS software will often be open-source, meaning users will acquire (either through payment or free of charge) the LMS software and its code. With this, the user is able to modify and maintain the software through an internal team. Individuals and smaller organizations tend to stick with cloud-based systems due to the cost of internal hosting and maintenance.
Students can either learn asynchronously (on demand, self-paced) through course content such as pre-recorded videos, PDF, SCORM (Sharable Content Object Reference Model) or they can undertake synchronous learning through mediums such as webinars. This is high time for the world to go online completely and we’re happy to help.