• Learning Management System

What is an LMS (Learning Management System)?

A learning management system (LMS) is used to book, deliver, monitor and measure online learning.

For some organisations, the administration time alone (managing bookings, confirming completion, and reporting on results) can make it worthwhile having their own learning management system.

Learners can be enrolled in an online course in a learning management system and can log on and work on it on a flexible basis (in the options we provide, at any time, on any computer with an internet connection).

Learning records for individuals are held securely and can be made available to selected people to view progress and offer support.

Reporting is one of the most powerful parts of a learning management system. An LMS collects evidence of course completion – useful for compliance purposes and for helping with staff development when you're providing training for your own people. If you're offering training to your clients, strong reporting allows you to track progress for a range of potential purposes, such as offering support while your clients learn and providing certification in your product on successful completion.

What is the ROI on an LMS (Learning Management System)

These days there are so many different ways to measure the effectiveness of eLearning and delivery of learning via an LMS.  Here are just a few facts and statistics to ponder as you consider your investment in digital learning.

Time Savings

Learning through eLearning typically requires 40% to 60% less employee time than learning the same material in a traditional classroom setting.

Increased Retention

eLearning increases retention rates 25% to 60% while retention rates of face-to-face training are very low in comparison: 8% to 10%.

Increased Engagement - the Learning Organisation

After implementing an eLearning program in their company, IBM found that participants learned nearly five times more material without increasing time spent in training.

Increased Revenue

For a big portion of the companies surveyed, knowledge translates directly into revenue. Specifically, 42% of companies say that eLearning has led to an increase in revenue.

Huge ROI

In one study for every dollar invested in online training resulted in $30 in productivity, mainly because employees are able to resume their work faster and apply their skills immediately.

Competitive Advantage

72% of organizations believe that eLearning helps them increase their competitive edge by giving them the opportunity to keep up with the changes in their particular market.

Increased Employee Engagement

Organizations can achieve an 18% boost in employee engagement by using eLearning technology.

Increased Revenue

Revenue generated per employee is 26% higher for companies that offer training using technology, including eLearning

Cost Savings

IBM saved approximately $200 million after switching to eLearning

It is Clean and Green

Producing and providing eLearning courses consumes an average of 90% less energy and produces 85% fewer CO2 emissions per student than conventional face-to-face courses

 

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