As the global corporate environment continues to increase in competition and complexity, the expectations of employees has never been higher. And for employers, these growing demands have shifted the availability of corporate training and employee development programs from a luxury to a necessity. In fact, any company that does not offer formalized and ongoing training runs the risk of losing its competitive edge and may, in fact, find it difficult to recruit and retain top-level talent.
Unfortunately, smaller and mid-sized organizations often find it challenging to allocate the time and resources required for the effective development and delivery of corporate training programs. This challenge has created a significant business and revenue opportunity for any organization that can provide the technologies, content, and services required for these programs.
The Emergence of eLearning for Corporate Training
eLearning refers to the use of electronic technologies (the Internet, primarily) to support all types of learning activities. eLearning-based corporate training provides several advantages over traditional, in-person training, including cost-effectiveness, convenience, and accessibility.
The core technology that supports corporate eLearning programs is a Learning Management System, or “LMS”. An LMS is the application that is used to build, deliver, manage, and track an eLearning program.
Today, most companies prefer to work with a SaaS-based LMS vendor, rather than deploy an LMS on their own servers (known as on-premises deployment). Some of the benefits an organization can expect in working with a SaaS-based LMS include:
Minimal Up-Front Costs
Deploying an on-premises LMS requires a significant up-front expenses in software, hardware, and other supporting infrastructure. Working with a SaaS-based LMS eliminates these costs as the SaaS vendor already has the infrastructure available for you to utilize. And with a SaaS-based approach, the vendor take responsibility for the ongoing management and maintenance of the system.
Most SaaS LMS vendors offer access to the system on a subscription basis. This approach allows you to utilize the specific features and capacity you need and enables you to scale up (or down) your usage of the system as your company’s needs change over time.
In working with a SaaS-based LMS, your employees can access the training content they need at any time and from any place, all that is required is an Internet connection. This level of convenience and accessibility ensures that your workers can access training content exactly when they need it and allows for contextual-based training.
Most organizations do not have the time or resources available to achieve the same level of security a SaaS LMS vendor can offer. And typically, these vendors can make significant investments in security as they can spread the costs across their client base.
LMS Portals: A SaaS-Based LMS for Corporate Training Providers
At LMS Portals, we offer a SaaS-Based, multi-tenant LMS that enables our corporate training provider partners to launch and manage a dedicate corporate eLearning environment (portal) for each of your unique audiences. Each portal you launch includes a powerful course development engine, along with robust tools for user onboarding, group management, learning path creation, live remote training, certificate awarding, analytics, and more.
We also offer a full library of ready-made courses, covering most every aspect of corporate training and employee development. We allow our corporate training provider partners to re-brand and customize these materials to meet the specific needs of your clients.