Primary Education Group to Pharmaceutical Company as customers, it is Open Source Learning Management System, supports learning via Webinars, Blended Learning
SMB & Corporates Leaders in Course Programs, help varsity in assessment, Platform training solution for digital transformation, IT Training thru Webinars, Cloud
Web-based test maker, allows educators to develop online tests, track & report progress of learners thru online interface, survey, flashcard, certificate maker
A learning management system, popularly known as LMS, offers a digital platform for managing and delivering content and progress tracking in this ever-expanding learning environment.
Learning management system acts as e-tools for corporate houses to train their staff for businesses which in turn help them to blend business digitally with academic proficiency.
This not only helps entrepreneurs to grow and sell but also give the staff a chance to explore their expertise.
A learning content management system creates and manages training courses through trustworthy tools. Learning management system platform is cross-linked with training software and course authoring software.
Learning management system provides you and your team with a convenient platform with mobile access. It reduces costly training sessions conducted at offsite locations.
As the employees remain engaged excitingly with their respective teams, they tend to stick around for more extended professional opportunities and development of a cordial work environment can be seen developing in the companies. As the cost of replacing top performers and hiring new employees is significant leakage in the funds of the company, LMS comes as a respite by reducing training and placement costs.
Giving formal training programs increases revenue per employee, leading to higher profits for the companies. That is why the companies are nowadays investing significantly for conducting training programs for their employees.
Course management: helps in developing and managing course, presentations, and enrollment.
Course tracking: Provides tracking facility for progress, scores, and total time spent during session and assignments
Blended learning: Uses online e-tools and conversational helpers like wikis and message boards.
Mobile learning: Offers students to access course material through mobile or website
Tests/assessments: In-system tests for aptitude assessment created and delivery
LMS platforms may include gamification and certification helpdesk too.
Prevalent pricing models for LMS systems
Pay-per-learner: Model and most frequently used type, at times, paired with a one-time implementation fee. It has a flat monthly rate per learner to enrol.
Pay-per-use: Similar to the above plan but calculates learning material consumed rather than how many people are engaged.
License fee: A significant, one-time fee to access/install the software. Payments are more of an annual affair.
The factor for selecting the right learning management system for the organization is a crucial agenda. Never ignore these essential considerations while choosing an LMS:
Buy-in: Stakeholders like educators and training professionals, students, IT department, employees must be able to connect and understand questions and needs, whenever necessary.
Customer service: 24X7, the vendor should provide seven functional customer service. Demos and walk-through videos must be provided by the customer service and should be tested before buying. Just call, email, or use live chat to check the functionality and response time of the support reps.
Scorecard: e-Learning software systems is essential to make your purchase count. You should check tools to blend many e-tools and use a demo scorecard and rating system to note tool requirements and efficiency of the product.
LMS, fast-moving industry, has eLearning tools that are continually upgrading and improving. Here are some changes you must take into consideration:-
Microlearning: Small education bites are created to access learners from where they are and schedule in which they are working.
Gamification: Badges, Points, Score Boards, Leader Boards are the e-tools which are supported by LMSs to make their software more user-friendly and gamify their eLearning course.
Virtual reality classrooms: VR headsets and immersive technology allow trainees to learn by doing and not by watching. Costs for VR development tools will be reduced in the next few years, making it easier and accessible than ever before.