The COVID-19 outbreak has resulted in a worldwide crisis. Schools and companies worldwide have been temporarily closed to protect employees, students, teachers, and other staff members from this deadly infectious disease. According to WHO, 587 million confirmed cases and 6.4 million deaths had been reported globally by the pandemic.
But thanks to LMS Software Solutions, enabling learners to continue their learning virtually. The crisis has dramatically changed the organisation’s and educational institution ecosystem, escalating the demand for Learning Management systems.
A recent study shows that the use of learning Management systems worldwide is projected to grow from $16.19 billion in 2022 to $40.95 billion by 2029, at a CAGR of 14.2%. The demand for Learning Management systems is rising remarkably with the growing preference for conducting live employee training and learning sessions for students.
LMS software solutions permit educational institutions and companies to provide educational resources and training modules to students and employees. It is an effective tool that helps employers and teachers create, deliver, and manage their learning materials and track learners’ progress in real-time.
You can gain several other benefits if you choose to install an effective and efficient Learning Management System in your company or institution. Read on to know different benefits you can gain by installing a custom learning management system.
What Is Custom Learning Management System?
Custom Learning Management System is a software designed to train employees or conduct online teaching. Custom LMS offers different features like learners’ progress tracking, courses creation and management, analytics with detailed statistics, and more. The LMS can also be integrated with online discussion forums and social media websites like Facebook, Twitter, etc., to connect learners and instructors in real-time through videoconferencing, emails, chats, etc., and even allow file sharing.
To know how Knovator Technologies LMS software solutions enhance your organisation’s learning culture
When instructors use an LMS to deliver employee training online or to create digital classrooms, learners from throughout the world can connect with instructors in real-time or through recorded sessions, as well as can access online learning material (courses, modules, quizzes, videos, audios, etc.) any time they want.
Custom LMS softwares are designed according to the individual needs of the users. Custom LMS softwares are a bit costly as the softwares are specially designed according to the user’s requirement, so not everyone prefers custom LMS. But, there are a lot of ready-made LMS softwares available in the market with different functionalities.
This make it easy for you to choose the LMS software that align with your organization needs and goals
Want To Create Your Own Custom Learning Management System Software at an affordable cost? Fill out the form to get a free quote.
Related : Custom LMS Development Cost
What Can LMS Be Used For?
LMS can be used for different activities. Some of the common uses of LMS are given below:
Companies use an LMS to deliver online training to employees. An online employee training with LMS saves the organisation time and efforts as it facilitates the creation, delivery, managing, and tracking of employees’ training activities with a few clicks.
Employees On boarding
Employee onboarding programs are essential for organisations to conduct as it is the best way to familiarise new employees with the organisation’s culture. Companies use LMS to create engaging onboarding programs for employees to help them start new jobs easily.
Companies widely use Learning Management systems for compliance training as it helps them to protect from any legal issues. With the rich features of compliance training LMS, the organisation can protect its reputation and enhance a culture of business ethics as they can track, monitor, and manage everything from one place regardless of the location of their team members.
Educational institutions use LMS to manage and support efficient learning. It is software through which instructors create courses; and learners can access it anytime through their profiles. The system enables both face-to-face learning and virtual classes. Furthermore, it also facilitates communication, tracks progress, and records all important data of students and employees in a single place. The software not only helps instructors to work efficiently but also caters to the needs of the learners.
Benefits of Using Custom Learning Management System
Here are the different ways your business or institution will be benefited by installing an effective Custom Learning Management System Software:
E-Learning Materials Are Stored At One Centralised Place
Are you still wasting time searching for important e-learning materials on different devices and hard drives? No Issues! LMS Software Solutions are here to help you! The custom LMS development allows storing all your e-learning material in a single place.
This minimises your risk of losing important data and makes it easier for you to create E-learning courses.
Additionally, the Cloud-Based LMS software allows your entire team to access the information anytime they need it, enhancing efficiency in creating and distributing updated learning content.
Creating Engaging And Interactive E-Learning Courses
Are you still struggling to create interactive and engaging learning content? The custom Learning Management System allows you to create interactive and engaging learning content using videos, images, text, audio, animations, and more. Learners, if they find any doubt, can also raise their queries through an online discussion forum, making the learning more personalised and engaging.
Easy Content Customization
With custom Learning Management Systems, instructors can update existing learning content or add new content with a few clicks. This, in turn, helps learners to get learning material according to their needs. As a result, Custom Learning Management System makes blended learning possible in different simulation-based, classroom-based, and mobile learning scenarios.
Maximize Social Learning
Custom LMS development is the best way to maximize social learning. It allows organizations to integrate their LMS with social learning platforms such as Facebook and Twitter to make communication seamless and effective.
Furthermore, the LMS integration with a social media platform enhances compound learning as it enables organisations to develop interactive learning materials in different styles using audios, videos, and infographics. This facilitates learners to learn many things from different learning materials, and they can even share these learning resources to individual or group of learners.
Tracking Employees Progress
Custom LMS solutions help instructors track learners’ progress using effective and efficient tracking and recording tools. These tools enable organisations to record and track employees’ progress in real-time, ensuring they are getting huge benefits from the system. The LMS’s different evaluation tools make learners’ evaluation possible before taking the course (i.e., screening), during the course (i.e., training), and after the course to know their performance. Hence, LMS effectively allows instructors to evaluate learners’ performance in real-time.
Conservation of Money
LMS provides flexibility to learners as they attend training sessions or online classes anytime, anywhere, according to their convenience. As a result, this helps them to save money by reducing transportation costs. It enables instructors to save money as they don’t need to invest money in setting up classrooms and spending huge amounts on printing paper material. For example, organisations don’t need to spend on printing training modules as all the modules learners require during or after training are available right in the LMS.
Monetise Learning Materials
With a custom Learning Management System, instructors can earn money by selling single or bundled courses to learners once they have registered and signed up for the particular course. Instructors can further choose and integrate their preferred payment gateway, allowing learners to purchase courses with a single click.
Scalable Delivery of Content
As all training materials are stored on a single platform, the task of distributing learning courses or making changes to them becomes easy. This eventually enables instructors to distribute learning courses among several learners across geographies per their needs without affecting the quality or uniformity of the content.
Learning Management Systems have a lot to offer. From facilitating students and employees to attend training or learning sessions anytime, anywhere to make it easier for instructors to deliver lectures, training, and grade assessments, LMS is the most important tool to change the eLearning landscape permanently. With the rapid changes in technology and learning process, the future LMS versions can bring even more benefits for users.
Remember, making effective LMS purchasing decisions is the only way to reap the benefits of a Learning Management System. There are different factors that must be considered to make an effective LMS purchase decision for your company or institution.
Here are a few pointers that help you to know “What To Consider While Choosing A Learning Management System?”
How will LMS fulfil your business needs and goals? Are you getting a free LMS demo from the provider? Does LMS provide data or video security? Is the LMS easy to use? Is it scalable and SEO Friendly? Is It Provide Data Analytics? And more!
Need help choosing a Learning Management System for your company? Contact us. Our experts will help you choose the right LMS mostly preferred by the companies and educational institutions and enhance your business productivity.