When switching an LMS as an HR or L&D professional, it is very important to ensure the new system is worth the switch. Furthermore, the complication of moving from an older system to a newer system has to do a lot with learning the new functions, ensuring third-party integrations, and transferring data. Read this article to understand exactly what is required. https://abaralms.com/blog/switching-an-lms-what-must-you-consider/
A Learning Management System (LMS) is software or the category of software which is used to perform multiple tasks like documentation, tracking, reporting, and administration of online learning of educational courses or corporate training material. The global learning management system market had revenues of around $2.15bn in 2013 and this is expected to increase to around $4.7bn at a CAGR of around 17%.
There are around 500 LMS solutions based on proprietary software as well as open source offerings, but the learning management system market is dominated by established companies like Blackboard, Desire2Learn, Instructure etc with respect to revenues. However open source offerings like Sakai, Moodle, ILIAS, ATutor also have significant user share in this industry.
Most universities across US, Canada, Australia either opt for commercial or open source LMS solutions which are then self-managed or hosted on third party service providers. Overall, around 64% use hosting services for their LMS software solutions with the remaining opting for self-managed or on-campus hosting. The scope for managed hosting across APAC, Europe and other geographic regions is also comparatively huge.
The top LMS software solution providers in the higher education sector are:
Avail more info @ http://bit.ly/2p4cso2
Want to join the discussions?
Log in to read, write and comment on group posts.