Updated: Mar 1, 2021
The business climate is more challenging than ever before. Today, companies of all sizes and from every industry are dealing with advances in technology combined with more stringent regulations and increasing diversity and complexity in the workplace. All of this has led to a growing need for efficient and ongoing training to ensure your employees have the knowledge and skills they need to succeed in this ever-changing environment.
As a result, the corporate training market is experiencing significant growth. In fact, once recent study expects this market to increase by nearly $53 billion over the next four years. This growth represents a fantastic revenue opportunity for any company that can bring value, in the form of technology services, to those organizations looking to implement a corporate training program for their employees.
LMS Technology for eLearning-Based Corporate Training
The good news, for any company exploring the development of a corporate training program, is that the evolution of cloud-based technologies has made the implementation of online learning, or “eLearning” more affordable and easier to implement than ever. eLearning refers to the use of electronic technologies (the Internet, primarily) to build, deliver, manage, and track corporate training programs.
The core technology that supports all types of eLearning programs, including corporate training, is a Learning Management System, or “LMS”. An LMS is the application that is used to build, deliver, manage, and track your corporate training program.
While some companies choose to deploy an LMS on their own servers (self-hosted), they tend to be very large organizations that have the financial and labor resources available to support this implementation. Today, it is far more common for companies to work with a third-party cloud vendor to access the LMS features and capacity they need to support corporate training initiatives.
A B2B White Label LMS for Corporate Training
The shift to cloud-based technologies for eLearning-based corporate training has created a significant revenue opportunity for reseller and consulting organization in the corporate training industry. This is especially true for small and mid-sized companies that would prefer to outsource some or all aspects of their corporate training program in order to minimize their costs and allow them to maintain focus on the core aspects of their business.
B2B resellers of corporate training services and technology can benefit from the emergence of cloud-based LMS technology and easily add this offering to their portfolio of services and technologies.
Another, more recent, development in LMS technology is in the availability of multi-tenant architecture. While a single tenant LMS dedicates its entire infrastructure to use by a single training audience, a multi-tenant LMS allows you to “spin up” new instances of the application to support multiple training audiences, each with their own unique eLearning environment (portal). This multi-tenant approach is particularly well-suited for LMS B2B resellers as it allows them to deploy a dedicated corporate training portal for each of their clients.
LMS Portals B2B White Label Program
LMS Portals provides our B2B reseller partners with a white label offering that allows them to launch and manage private eLearning portals for their clients. Each portal you launch can have its own unique branding and includes powerful supporting tools for course development, user onboarding, learner collaboration, analytics, and more.