WASHINGTON, May 9, 2017 – Learning Management Systems (LMSs) are used by schools, universities and companies as well to train their students and employees. This has resulted in a booming global eLearning market that is expected to reach about $325 billion by the year 2025.
You can select a suitable app appropriate for your needs by shortlisting and testing those solutions that have received LMS software awards for 2017. It also pays to keep up with LMS and eLearning trends so that you know what is happening in the industry.
When exploring LMS and eLearning solutions for your organization, these the important LMS trends every school and company needs to know.
Today, mobile learning is enabling employees to access training resources anytime or anywhere from any internet-ready device. As a result, the mobile learning market is developing rapidly and is expected to grow to more than $37 billion by the year 2020. This clearly indicates that users are keen to learn on the go and improve their productivity in the field.
“Gamification” – the application of typical elements of game playing to the learning experience – makes training and learning fun and entertaining. That is why it is widely used by companies to promote education and knowledge retention. Employees can have a good time even as they update and inform themselves during the training sessions.
Research has proved that gamification helps to improve learning speed as well as knowledge retention. It boosts engagement and allows trainers to maximize the learning potential of employees and students using incentivized behaviors. Organizations can track the activities of learners and distribute points and rewards to them based on their achievements while also measuring how effective current training processes are.
Everybody loves to watch videos. In fact, a study reveals that U.S. adults watch videos for more than five hours per day. LMS designers are capitalizing on this craze and are including video elements in their online learning systems. As a result, a majority of organizations are expected to include video-based training in the strategies they use for digital learning.
Learning based on competency
This type of learning is evoking widespread interest among both employers and employees alike. Employees can use it to gain fast promotions by self-assessing to determine what skills they need to advance their careers. Companies can benefit too, as their staff members can use this type of learning to develop useful and demonstrable skills. Therefore, organizations are increasingly incorporating training programs based on competency to improve their employees’ skill-sets and their value to the organization.
Learners generate a lot of data as they interact with training content. Organizations can use LMSs and BI apps to collect this data for analysis and insights. Many companies now consider big data to be a crucial element for business success. As a result, the market for learner analytics and big data is predicted to reach more than $48 billion by the year 2019.
Companies are realizing that a LMS can help them in many ways, ranging from management training to customer education. LMS can help manage the training and education needs of all stakeholders. Management training helps the company by improving planning, motivation, and employee productivity. This kind of training can minimize conflicts and employee turnover, and boost morale.
Apart from your organization’s employees, a quality LMS can also serve your business partners and customers who can benefit from its information distribution, tracking, and organization features. The app can be used to create a customer service website, develop eCommerce plans, and provide product info to customers. On top of that, these features offer built-in financial reporting and tracking, enabling companies to precisely calculate success metrics as well as ROI.
Software-as-a-Service (SaaS) solutions are cloud-based and can be accessed anytime, anywhere. Today’s SaaS systems and open source products are widely used in the LMS arena. But, both have a downside. SaaS apps can be hard to customize, while open source solutions are easy to customize but frequently suffer from downtime. The way out is for adopters to use an open/SaaS platform that combines the advantages of the two delivery systems by reducing setup expenses and enabling effortless customization. This type of service delivery is flexible and can be personalized for the specific needs of companies of any size.
Use of social features
Social websites are acessed by millions of internet users every day to share information, track the activities of their contacts, get details about events and happenings and more. LMSs are also adopting social features to engage users and improve portal popularity. LMS vendors are designing learning solutions that can be customized according to the preferences of users, and measure customer knowledge to provide suitable learning content.
Industries that need to provide hands-on training fpr their employees are making use of the blending learning features offered by LMSs. You can combine classroom sessions with eLearning sessions to provide practical experience required for the job. The LMS helps augment classroom learning by offering learning materials, efficiencies, and scheduling capabilities. Organizations can use LMS to easily schedule classroom sessions and reduce the time required for these classes, thus providing effective hands-on training for employees in a cost-efficient manner.
We hope this article has helped bring you and your organization up to date on the latest developments in the LMS industry. If you or your organization are currently using LMSs in an innovative manner to train your students or employees, please feel free to share the details with us.