What is a Learning Management System?
Learning Management System: LMS is a modern learning and training platform which helps with the storage, delivery, tracking, assessing, and certification of any learning activity in a digital format. Modern learners through their prolonged exposure to social media have adopted the habit of consuming educational, training, and informative content in bite-sized formats—micro videos—lasting 5 minutes.
A learning management system zeroes in on this and other such traits of the modern learner including the constant companionship of smartphones, to deliver training that is designed to meet their evolving needs.
Modern learners do not associate with traditional concepts of training, they prefer modern learning solutions like the learning management system which makes training accessible and easier to consume.
Learning Management Systems are standard enterprise software at most organizations
learning management systems are how the modern corporate world learns and develops. The market for learning management system is estimated to reach $15,391 by 2023. The success of an LMS and its growing demand is attributed to the actual need that it solves, which is structuring, formalising, and tracking training activities that were once ad-hoc with no records of training conducted.
The LMS simplifies training in a way like never before
Learning Management Systems work like any content delivery platform. They store eLearning courses for learners to access. These courses range from simple to complex like—text-based courses, animated explainer videos, interactive courses, and simulated courses. Learners access these courses from around the globe.
While learners access and train on the LMS, the platform tracks, records, and guides them through the entire activity. The data generated via the activities performed by the learners is then processed as information, this information sheds light on the learning habits of your employees. The LMS then generates reports to outline the strengths and weaknesses, areas of improvement, and the progress of the learners, which is presented to the administrators (generally the HR and L&D teams) as a bird’s eye view on the entire training activity.
What makes a learning management system so desired by corporates?
A learning management system is the most efficient way to train and replicate development activities that were originally carried out in traditional settings.
Learning management systems have simplified training like—on boarding, general training, compliance, and training the extended enterprise. It is a platform that eliminates the need for a teacher and a classroom along with its high associated costs like—lecturer’s fee, rent for the venue, paying for traveling employees, and the time + energy required to train people physically.
Today, the LMS is responsible for most training activities that corporates wish to undertake, owing to its digital and analytical nature where everything is stored and measured. It is also the preferred mechanism for corporates to train their regional offices, customers, vendors, and partners located across the globe from a central location.
Some major flaws with traditional training make it a secondary choice for training
Traditional training has never guaranteed the assurity of being a successful one-time activity. The issue of repeating traditional training brings with it the added costs of resource misappropriation.
With the LMS, this is not the case. Training once stored on the platform is accessible for learners to repeatedly access with no additional costs involved.
Why should your organization invest in an able learning management system?
Learning Management Systems are capable tools for:
- Onboarding and new-hire training
- Compliance Training
- Sales Training
- Employee Training
- Extended Enterprise Training
- Customer Training
Our LMS ‘Abara’ is a powerful learning platform to manage and systematically train your employees by:
Multiple Terminologies are Associated with Learning Management Systems
Here are some to keep in mind:
SCORM: It is a globally accepted standard of eLearning course outputs which are compatible with all learning management systems.
xAPI: Advanced LMS with in-depth tracking and assessing abilities. Most organizations do not need this feature, it adds to the costs of your LMS.
LCMS: The LMS is a platform to train the entire organization efficiently, whereas the LCMS focusses on personalised employee training.
API: A set of communication protocols that allow distant software components to seamlessly communicate with each other.
SSO: An API that allows central access to all systems within an organization using a single log-in and password.
LRS: LRS stands for learning record store. It is a recorder and repository for information collected by tracking instruments such as the xAPI.
Learning Management Systems are Classified into Three Broad Types:
Corporate Learning Management Systems:
These learning platforms are designed and built with the sole purpose of training corporates in a dynamic and ever-evolving environment. A Corporate Learning Management System delivers accurate and timely training to employees who seldom have the time to learn between work and personal life.
Educational Learning Management Systems:
These LMSes are frequently used by schools, colleges, universities, and other auxiliary training institutes to deliver training and subject related information to students. Designed with the intent of delivering purely academic training, it is rare for them to do anything more than what they are designed for. For organizations, an Educational Learning Management System is a complete misfit.
Training Company Learning Management System:
Some LMSes are designed to distribute training and course content as a revenue-generating service. This is usually meant for training companies to sell and license courses to the general public (B2C) or B2B (corporates). The aim is to deliver training content to individuals located across multiple regions. The training company’s responsibility ends with the creation and delivery of the content.
Abara is a trusted corporate LMS with users (organizations) across the globe
Learning management systems can further be classified based on
- On-Premises LMS
- Cloud Hosted — SaaS Platforms
- Open-Source LMS
- Custom built LMS
- Hierarchy and Size of control
- Single Location — Single Brand/Entity (Centralized L&D)
- Multiple Locations — Multiple Brand/Entity (Decentralized L&D)