An LMS (learning management system) is used by businesses to create online courses and manage daily training tasks.
Here are the main LMS benefits for companies of all sizes:
A learning management system (LMS) is an "online training hub" that provides a large and indispensable set of features to support e-learning activities such as creating and delivering training, tracking employee performance, and selling online courses.
Creating and delivering training content
Selling online courses
Tracking learner progress and performance
Collaboration on projects
Training the extended enterprise
In this tech-driven world, traditional corporate training can be easily interrupted or sometimes it can be inefficient, which is why employees need more interactive and captivating training methods. Instructors also need an easy way to create training content, organize their materials, data, and learner audiences. Managers need a complete solution to train employees, clients, and partners and also generate revenue through the LMS by selling online courses.
An LMS for training activities is suitable for companies of all sizes and from any industry. LMSs are versatile solutions that cover employee training and extended enterprise needs. Typical users are instructors, learners, administrators, and managers.
An LMS is an amazing platform that can do wonders to improve training activities and boost employee productivity.
"31% of organizations agree that gamification improves learning experience and enhances knowledge retention" Learning Management System User Report, Software Advice
"37% of LMS users have reported an increase in employee productivity" LMS Industry User Research Report, Capterra
"E-learning saves time and improves retention, an increase of 3 minutes of productivity per 1,000 employees can save around $200,000/year for a company" The value of e-learning, IBM
"The global LMS market is expected to expand from $5.22 billion to $17 billion by 2022" LMS Market Research Report, Market Research Future
"More than 57% of organizations use a cloud-based LMS" Learning Solutions Magazine
"E-learning courses consume roughly 90% less energy than traditional learning" Towards Sustainable Higher Education, Design Innovation Group