A learning management system (LMS) is software that makes it easy to manage, deliver, and track analytics for business training programs.
The Learning Management System has become an incredibly powerful tool for organizations looking to improve the performance and retention of their workforce. Most learning management systems are cloud-based software solutions that companies use as their fundamental tool for managing their training programs. Just as sales teams use and depend on CRM software, or human resources teams depend on HRIS software, LMS software is usually the base technology used by training and development departments of companies.
Course and Catalog Management - Fundamentally, a learning management system is the central system that supports all courses and learning content. Administrators can easily create and manage courses and course catalogs for personalized delivery to each user.
Content integration and interoperability - Learning management systems must support learning content packaged in accordance with interoperable standards such as SCORM, AICC, and xAPI (formerly known as Tin Can).
The benefits and advantages that an LMS can bring to a business are not just theoretical - multiple studies have shown that an LMS can drive results. Research from the Brandon Hall group shows that 54% of companies that have invested in technology for learning have seen improvements in their productivity and motivation. 91% of these companies have also reported a stronger link between learning and business performance. The future of technology for learning
One of the most daunting realities companies face is the growing gap in knowledge as Baby Boomers retire and Millennials enter the workforce. Students need to constantly evolve as audiences change and new technology is introduced.
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