Are you sick of reading the same blog post about the advantages of e-learning? Do you want some interesting data to refer to so that you can understand the advantages of e-learning and plan for future trainings and budgets? Look no further; sit back and look at some of the statistics to truly get an understanding of how e-learning has expanded.
1. Gamified approach to safety training, resulted in 45% reduction in safety incidents and claim counts; 55% reduction in shrinkage at Pep Boys, a retail chain (Source: Learning Solutions Magazine)
Using games in e-learning is a good strategy for engaging learners in courses to make complex and difficult content easy to learn. It helps in increasing the retention of knowledge gained by the learner when the games are based on the learner’s work environment.
Games help reduce distractions and make learners stay focused on the content, especially for trainings on safety because it makes employees aware of work-related dangers, and tells them how to be cautious, how to avoid injuries in the work place.
Example: In a course when you want the learners to learn about the safety equipment used for fire extinguishers, instead of just listing them, you can design a game where learners need to pick the gun and shoot at the right equipment. This provides hands-on-activities and motivates learners by giving positive feedback.
2. Businesses that expanded their translation budgets were 1.5 times more likely to report an increase in total revenue than their Fortune 500 peers (Source: Common Sense Advisory)
While companies expand their operations globally, the training the employees across the world is a great challenge for organizations. But with translations, trainings are seeing real results.
Translation increases the effectiveness of training by providing courses in the native language of learners. Because of the ease of their mother tongue, they can easily connect to the course and thus retain information better. The other important advantage of translation is that the course audio is provided with the accent of native speakers, which helps in better understanding and leads to better training outcomes.
3. LMS market is expected to worth approximately $4 billion in 2015 and over $7 billion in 2018
We all know that after conducting training, managers keep a record of learners’ details, courses assigned to each of them, score sheets, grade reports, issue of certificates, and details of registration.
This will be a hectic task for managers, but with the help of the Learning Management System (LMS) software, you can plan, develop, and manage trainings in organization easily and quickly. It is also used to automate the administration, tracking, and reporting of training programs.
4. Worldwide mobile learning market in 2015 will reach $8.7 billion and it will even reach $12.2 billion by 2017 (Source: Ambient Insight Premium Report)
Mobile learning is a great way to make your training more convenient and more flexible for the employees to access the courses. The importance of mobile learning has been highlighted by the evolution of the mobile in our everyday usage.
Mobile learning does not need huge investments to implement; you can use existing content and chop them into shorter modules or topics. You can use podcasts and short videos as just-in-time (JIT) learning for employees to recollect the information on your products before meeting customers. With these advantages there is no surprise why companies are showing interest in mobile learning.
Hope you find this blog useful. Please do share your thoughts in the comments section below.