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Learning Management Systems (LMS) The Continuous Learning Move


To sustain through the intense competition, organizations across various industries are aligning their resources to train individuals and develop skills as retaining the existing talent for the business is more cost effective than recruiting new workforce. The educational institutions are also focussing on designing a learner friendly environment to foster individual growth. The learning and development processes are undergoing modernization with businesses realizing the role of continuous learning in strengthening customer satisfaction. Learning Management Systems (LMS) redefine the traditional learning process to compliment e-learning. The LMS applications have existed since the 1990s and its adoption is proliferating with availability of Software as a Service (SaaS) deployment model. Evolving business practices and emphasis on continuous learning to deal with changing economic conditions and business needs has given way to the adoption of engaging learning models and disruptive technologies.

To sustain through the intense competition, organizations across various industries are aligning their resources to train individuals and develop skills as retaining the existing talent for the business is more cost effective than recruiting new workforce. The educational institutions are also focussing on designing a learner friendly environment to foster individual growth. The learning and development processes are undergoing modernization with businesses realizing the role of continuous learning in strengthening customer satisfaction. Learning Management Systems (LMS) redefine the traditional learning process to compliment e-learning. The LMS applications have existed since the 1990s and its adoption is proliferating with availability of Software as a Service (SaaS) deployment model. Evolving business practices and emphasis on continuous learning to deal with changing economic conditions and business needs has given way to the adoption of engaging learning models and disruptive technologies.

Over the past few years, organizations are embracing LMS applications to efficiently deliver and manage learning activities. LMS facilitates personalized and self-paced learning environment, thus conveying convenience to users and enrich their experience with anytime, anywhere learning. Today, businesses accentuate holistic development for individuals rather than compulsive learning with efficient and innovative systems to track and monitor their performances. The LMS applications simplify the learning process accountability and support informed decision making to retain public trust.

The SaaS delivery of LMS applications designed by blending cloud technology with traditional learning management solutions have empowered the organizations to focus on the delivery of effective training and development practices by offloading the burden of maintenance of LMS to the vendors. The open source options of LMS are becoming relevant as they reduce the cost of ownership and deliver customization flexibility to address unique needs. Proprietary or open source, inherently the LMS applications help in better training administration and efficient management of learning activities.

With the penetration of cloud technology, the LMS application providers are designing service plans to address the varying customer demands. The SaaS delivery model simplifies the customization and integration of LMS. The SaaS deployment for LMS applications helps in reducing the capital expenditures and operating costs.

Organizations are aggressively moving their business processes on the cloud to reduce the reliance on in-house expertise. Learning and development processes on the cloud are deployed by organizations of all sizes across various verticals to reduce the large upfront investment and deliver flexibility and scalability to comply with the changing business needs. Businesses keen on automating and streamlining the learning process to enable anytime, anywhere and just-in-time access to learning content are deploying LMS applications.

Businesses are leveraging the technological advances to build cost-efficient and flexible learning processes by employing LMS to deliver effective and engaging learning for desired business outcomes. MarketsandMarkets forecasts the LMS market to grow from $2.55 billion in 2013 to $7.83 billion in 2018 at a CAGR of 25.2% during 2013 to 2018.

Related Report:

Learning Management Systems (LMS) Market [Products (Content Management, Student Management, Performance Management, Collaboration, Administration), by Users (K-12, Higher Education, Corporate)]: Worldwide Market Forecasts and Analysis (2013 - 2018)

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