Today, most organizations are adopting online learning technologies to train their workforce. According to the eLearning Market Trends and Forecast 2017-2021 report by Docebo, the size of the eLearning market was estimated to be over USD 165 Billion in 2015 and is likely to grow by 5% between 2016 and 2023, exceeding USD 240 Billion.
A Learning Management System (LMS) is a powerful software application used to facilitate effective training. It allows you to host training resources, manage training activities, track performance, generate reports, provide feedback and evaluate learners’ performance in a hassle-free manner.
E-commerce and globalization have brought corporate organizations to the forefront. Technological enhancements have paved the way to carry out businesses across the world. Most companies have spread their services globally, to reach customers in all corners of the world. However, a pressing challenge that continues to bother is the need to train global workforce in different languages. In simple terms, this calls for the translation of all online training courses, into multiple languages.
Most organizations are still using the “classroom-only” mode of training. While it is very effective, it has limitations in terms of logistical issues, cost, and employee time spent away from work.
Digital learning technologies allow employees to grasp knowledge quickly, at their desired pace and time, and engage with learning more readily, on multiple devices. Using digital learning for training employees will help you reach the desired business goals.
A simulation is the representation or imitation of the process of any learning activity in an effective manner. A simulation requires a model that represents the behavior and the key characteristics of a process.
Simulations help learners to practice more as well as allow them to learn the subject in a virtual environment. Here the “watch-try-do” strategy is used, where the learners can watch the steps which are involved in the application, try the instructions by ‘online guidance,’ and then attempt the assessments on their own.
Any e-learning course becomes effective when learners are motivated throughout the course. Thus, we need to design a course in such a way that they cannot be distracted easily. On the other hand, courses should be designed in a way that it will encourage learners and also enhance their performance.
Today, most of the organizations, educational institutions, and corporate companies are using e-learning in a major way to train their students and employees. In some countries like United Kingdom, Spain and Benelux, nearly 40% of companies train more than 50% of their employees via e-learning. About 75% of companies use e-learning to deliver training on core professional skills. (Source: 1st European E-learning Barometer by Cross Knowledge).