What the Corporate LMS Market Tells Us About the Future of Online Learning in the Workplace

 

 

The corporate LMS market tells us much about the future of online learning in the workplace. But, before we dive into this topic, let’s take a moment to ensure we are on the same page with our definitions of ‘LMS’ and ‘online learning’:

LMS – ‘LMS’ stands for ‘learning management system’. A learning management system is a software application designed to deliver educational courses, as well as track, report, document, and administrate them. We love Business News Daily’s definition of ‘LMS’:

“A learning management system is a powerful resource for employers focused on training and professional development, whether it’s for staffing agencies or extension schools or corporations. This powerful software combines database management with the digital framework for managing curricula, training materials and evaluation tools. The impact of an LMS is mostly felt outside of traditional educational institutions, though the same technology is slowly finding its way into even those entities.”

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