Global Next Gen LMS Market 2016-2020
About Next-Gen LMS
A next-gen LMS is a software application used to plan, deliver, and manage the learning process. It uses web-based technology to manage, administer, track, report on the delivery, and evaluate the performance of participants. In addition to the functionalities of the traditional LMS, the next gen LMS addresses the following functional requirements:
Technavio Announces the Publication of its Research Report – Global Next Gen LMS Market 2016-2020
Technavio recognizes the following companies as the key players in the global next gen LMS market: Adobe Systems, D2L, Docebo, and Expertus.
Other Prominent Vendors in the market are: City & Guilds, Haiku Learning, Saba Software, and Schoology.
Commenting on the report, an analyst from Technavio’s team said: “There has been a growing trend of using mobile devices to access LMSs and cloud-based LMSs. This is because there is better integration and improvement in accessibility with such devices. A cloud-based LMS acts as a powerful tool that can offer learning anytime and anywhere. LearnTrak LMS of XpertLearning offers various benefits such as better space management on learner’s devices, m-learning, and accessibility to critical business information and learning materials.”
According to the report, social learning inclusion will be a key driver for market growth. Organizations and institutions are increasingly incorporating social media platforms such as Facebook, Twitter, and LinkedIn into their learning environments. Employees and students can use social networks to engage in informal learning options such as blogs, wikis, and discussion forums that are considered effective training tools. Many large organizations are adopting social learning tools such as internal employee blogs, wikis, and online expert communities. The social learning ways are also being given importance in the education sector.
Further, the report states that the corporate segment largely encounters this challenge frequently. Barring a few organizations, it is observed that most companies do not conduct effective learning requirements evaluation. The evaluation requirement process holds critical value prior to the deployment of any learning platform. The learning platform will act as the center for disseminating information on guidelines and process changes. Further, as the external economic environment changes, organizations also evolve in terms of job profiles and employee skills. Hence, to remain competent, a systematic evaluation of the system is required to ascertain knowledge gaps and identify areas that require attention. This will help organizations in chalking out a plan to address the learning needs of employees and how to deliver it. The absence of a robust system can inflict damages to any of the company's strategic goals that are aimed at gaining competence over other competitors.
Adobe Systems, D2L, Docebo, Expertus, City & Guilds, Haiku Learning, Saba Software, Schoology.
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