A major goal for most every organization is to increase employee productivity. A productive team will have the ability to build and promote your brand while creating happy customers and increasing your profits. However, in today’s increasingly complex work climate, it has become more difficult for employees to meet a company’s expectations without the benefits of a structured and ongoing corporate training program.
Given this, the demand for corporate training and supporting technologies is growing. In fact, a recent study by the research firm Technavio reports that the corporate training industry will grow by almost $53 billion between 2020 and 2024, representing a CAGR of nearly 10%. Much of this demand will need to be fulfilled by third-party companies that can offer the skills and technologies to support their clients in these efforts.
In the past, the standard approach to corporate training was classroom-based sessions. However, in recent years, the availability of powerful cloud-based training technologies combined with an increasingly remote workforce (a trend that was underway even before COVID-19) has made online learning (commonly referred to as “eLearning”) the preferred method for corporate training and workforce development. And the core software technology that drives and supports all types of eLearning programs, including corporate training, is a Learning Management System, or “LMS”.
LMS Corporate Training Software
An LMS is the software application used to build, deliver, and track corporate training programs. While LMS software can be deployed on-premises (self-hosted) this option is typically chosen by large organizations that have the capital available to “stand up” the application themselves.
An increasingly popular LMS deployment option is cloud-based delivery through a third-party vendor. Under this approach, there is not need for your organization to make a large upfront investment in software and hardware as this infrastructure is made available to you through the cloud LMS vendor. And the vendor also assumes all of the responsibility for the ongoing management and maintenance of the application.
A cloud-based approach to LMS software deployment is especially powerful for reseller organizations as it allows you to go-to-market quickly with a corporate training software solution and allows you to focus your efforts on selling and delivering great corporate training programs and software.
The Benefits of a Multi-Tenant LMS Architecture for Resellers
A more recent architectural development and option in the use of an LMS for corporate training software is multitenancy. While a single tenant LMS architecture dedicates the entirety of an LMS deployment for a single audience, a multi-tenant LMS architecture allows you to “spin up” multiple instances of the application to support your various audiences. This approach allows you to launch and manage a unique learning experience for each of your corporate training audiences and enables a logical and segmented approach to scaling your corporate training program over time.
A multi-tenant architecture is well suited for reseller organizations as it allows you to deploy a private, branded eLearning environment (portal) for each of your clients.
LMS Portals: LMS Software for Corporate Training Resellers
LMS Portals provides our corporate training reseller partners with a cloud-based, multi-tenant LMS platform that allows you to launch and manage multiple eLearning environments for each of your clients, quickly and easily. Using our platform, you can “spin up” a new instance of the software application each time you sign up a new corporate training client. And each portal you launch will have its own corporate branding, user onboarding system, messaging and collaboration tools, analytics engine, and more.