Who Needs Learning Management System Software?
There is no doubt that LMS now needs to be the backbone of every institution aspiring to deliver quality and continuing education. This is because COVID-19 is a reminder of the delicate nature of our gatherings. The post COVID-19 world is about to go for a more healthy social distancing option whenever possible. If you are into any type of training activity, an Learning Management System Software is essential, no matter if you are one of:
1. Big Enterprise
Enterprises that are running large scale training programs and providing educational services can also benefit immensely from LMS. Globally operated enterprises can sync their training sessions around the world with a powerful learning management system.
2. Medium Business
Medium businesses also benefit greatly in terms of cost of operation and conduct. Because for medium enterprises, training is an essential part of moving forward. They are already at a place where they have only marginal margin of advantage and capability with similar competitors. Making their human resource efficient is therefore the only masterstroke they can play to earn high dividends and enter the ranks of elite companies.
3. Small Business
Small businesses are always on the lookout for cost-effective solutions to grow and expand their capacity. An LMS is the best way to reach maximum customers in a single shot and still save on class rentals, teacher fees etc.
You may wonder, where does Freelancer fit into the picture? It is in the number of customers that he finds it difficult to manage them. A freelancer can attend multiple clients with Learning Management System Software. He can drop files, documents, pictures, designs etc into the client with a single click and save time and hassle.
What are the uses of LMS?
An LMS finds use in many things. As we have already seen, an e-learning management system is the heart of every e-learning programme. However, there are different models of Learning Management System Software. There are cloud and on-premises. As you can see below, cloud is more popular among small emerging companies because it is economical. But the size of the company is a deciding factor in this selection. Because a MNC or a large entity can make tremendous gains by going on-premises as the cost of setting it up is very less as compared to the returns you get as an actor of numbers.
Now coming to the uses for which you can put your Learning Management System Software, we see that they serve the following purposes:
1. Distance Schooling
A way to conduct classes, distribute courses, materials, and other essentials to promote education in places with holidays, pandemics or poor infrastructure.
2. Employee Coaching
Skilling your employees or giving them specific training. The Learning Management System Software can help organize classes, deliver learning modules, and test them for progress.
3. Extended Training
Providing critical information about your product to third party organizations or employees to whom you have outsourced your projects, the landscape in the current context of open economies is huge.
4. Giving instructions to customers
Innovative products require updated users. Delivering new products to customers, you may need to train them on some more delicate aspects. For example, let’s say you’re providing a mobile restaurant app. Your client will need training on how to use the backend, check parameters, enter code, if any, etc.
LMS helps with all such learning requirements.
What are the Different Types of LMS?
Although the main goal behind each Learning Management System Software platform is to facilitate learning, there are many ways to implement them. This gives rise to different types of learning management systems. Based on your goals and requirements, you can choose the type of LMS you want to implement.
1. Free vs. Commercial
When choosing an Learning Management System Software, it can be confusing to decide whether you should go for free or commercial. There are many free, open source learning management systems on the market. Most of them also offer a good number of features. However, some technical talent will be required to deploy the free Learning Management System Software. This is a good option if you are a small company with a limited budget and have good internal talent. Commercial LMS are designed for large companies with many users.
These are easy to deploy and will have assured service at their disposal. Commercial Learning Management System Software receives frequent updates so that it always stays on top of technical trends. Depending on the features required, the price of a commercial LMS will vary.
2. Corporate vs. Academic
A learning management system can be used to train employees of an organization or for academic learning purposes. Corporate LMS is used by businesses to train their employees, partners or customers. These could be onboarding training, customer training, compliance training, etc. In corporate LMS, the training material is more practical and needs to be updated frequently to reflect changes in the market. Academic Learning Management System Software are employed by schools, colleges or universities to provide academic training to the students.
The content here is determined in advance, and does not require frequent updates. Their technical requirements are also low and they do not need to be very feature-rich.