Modern training needs to be easy and accessible. A learning management system (LMS) allows you to create, distribute and track training anywhere, on any device.
Over the past 20 years, powerful software for managing complex databases has been combined with digital frameworks for managing curriculum, training materials, and evaluation tools. The LMS allows anyone to create, track, manage and distribute learning materials of any kind.
The Learning Management Systems market is expected to be worth over $7 billion in 2018. The highest proportion of revenue contribution is expected to be generated in North America.
41.7% percent of global Fortune 500 companies now use some form of educational technology to instruct employees during formal learning hours.
By 2019, roughly half of all college classes will be eLearning-based.
It is more than obvious that eLearning has revolutionized and changed the way that we look at knowledge and skill acquisition. As a result, there is a great interest for Learning Management Systems to systematically implement and manage eLearning.