As the global business environment becomes more complex and competitive across most every industry, the need for corporate training continues to grow. In fact, the global corporate training market, estimated at roughly $330 billion in 2019, is expected to reach roughly $418 billion in 2027, for a CAGR of 9.4%.
The challenge for many smaller and mid-sized companies is in finding the time and resources to build and deliver effective corporate training. Given this, any company that provides technology, content, and services to support a company’s corporate training and employee development efforts can have a tremendous amount of success in this highly lucrative market.
SaaS-Based Corporate eLearning
Today, businesses of all sizes rely on the Internet to access the software services they need, without having to make a large, up-front capital spend software, hardware, and supporting infrastructure. The SaaS (software-as-a-service) model now impacts most every area of a company’s operations, including accounting, human resources, inventory management, and more.
Corporate training, in the form of “eLearning” has become one of the hottest areas for SaaS technologies as most companies do not want to make the capital commitment to “stand up” an LMS on their own servers. Nor do they want to allocate labor to the ongoing management and maintenance of the system.
What is White Label SaaS?
White-label SaaS products are offered from vendors to give their reselling partners a resale opportunity with their own branding. With white label SaaS, the reselling organization benefits from all of the research and development (R&D) required to develop enterprise-level SaaS technology, without having to make the investment. Instead, they license the use of the platform and have the ability to add their own branding to each instance of the application they deploy.
In addition to cost savings and branding, white label SaaS partnerships eliminate the long timeframes associated with the development of a SaaS platform and allow you to enter the market right away. And with white label SaaS, the developing company takes full responsibility for the management and maintenance of the system while ensuring the features are up to date with industry standards.
What is Multi-Tenant Architecture?
A SaaS architecture is typically deployed in one of two ways, single-tenant or multi-tenant. A single-tenant SaaS architecture allocates the entirety of the infrastructure to servicing a single audience. In contrast, a multi-tenant SaaS architecture, allows an administrator to launch and mange a dedicated instance of the application for each unique audience. Given this, a multi-tenant SaaS platform is usually the preferred architecture for a reselling organization that expects to have multiple clients on the platform and would prefer to host all of the environments from a single management console.
LMS Portals: A White Label Multi-Tenant LMS
At LMS Portals, we provide our clients and partners with a SaaS-based, multi-tenant learning management system (LMS) that allows an administrator to launch and manage a dedicated eLearning environment (portal) for each of your unique audiences. Each portal is launched under a white label, allowing you to add your own branding or your client’s branding, if you prefer. And each portal includes a powerful course development engine, along with robust supporting tools for learning path creation, group management, live remote training, certificate awarding, analytics, and more.
We also offer a library of 140+ brandable courses, covering most every aspect of corporate training and employee development.