The corporate eLearning industry is booming. An article written in 2014 by Forbes contributor Josh Bersin states, “We just released our newest research on the corporate Learning Management Systems market and the numbers are astounding. The market is well over $2.5 billion and grew by over 21 percent this year.” These statistics prove that social learning management systems (LMSs) are doing a heck of a job meeting the needs of consumers. And, while the LMS market encompasses various types of LMSs, the cloud-based LMS is drifting to the forefront of the eLearning industry, leaving enterprise LMSs in the dust. Arunima Majumdar reports, “According to the 2014 LMS Trends Survey conducted by the Brandon Hall Group, 54% of all deployed LMSs are in the Cloud. This is indicative of the slow but steady movement towards cloud-based LMS deployments.”
Tags: LMS & eLearning