If you search LMS on Google, you would probably end up getting over 60 million results. It is the newest trend in the corporate world and a possible solution for providing education to all. While you would get some information from your Google search, most of it would be from a specific point of view and over half of it would be marketing an existing incomplete product. So we decided to write a blog that should answer all your questions once and for all.
LMS is an abbreviation for Learning Management System. If one were to describe an LMS in a single sentence then “a Learning Management System (LMS) is a tool for managing online learning”. But in recent years the description and capabilities of an LMS has evolved not only to support classroom teaching, but for creating online courses, corporate training and making distant learning easier too.
So now, keeping the newer trends in mind a proper definition of an LMS would be -
“An LMS is a web-based software application that enables organisations to create online reading material, administer courses, document and track learning, assess learning and provide training for the said courses and reporting. Through an LMS; higher education institutions and corporations alike, aim to enhance learning and identifying training gaps”
One would be wrong to assume that an LMS is only used by higher educational institutions. Although the first LMS was built for educational institutions, this tool has found its way into the corporate world as well. To negate the increasing training costs and to reach out to more students across the internet, below are the three types of organisations that would definitely need LMS features -.
The scope of corporate LMS software is immense and with the rising training and monitoring costs it is time that more and more corporates would start adopting an LMS. The LMS market is ripe with competition. There are a number of open source LMS’s but the need of the hour is an LMS platform with an engaging User Interface. To match the changing user demands, the LMS should be able to evolve which is possible if the LMS platform is cloud-based.
Well, the reasons differ based on the kind of organisation you are. So we are going to look at the benefits of an LMS from the perspective of the three aforementioned organisations.
If you are a higher education institute, then the benefits of an LMS for you are -
If you are an online or a distance learning platform, you need an LMS because -
If you are a corporate, then you need an LMS platform because-