Reinventing the LMS Market — Again / Corporate learning has become one of the most disruptive markets within human resources.

Josh Bersin for Clomedia writes:  Corporate learning has become one of the most disruptive markets within human resources.

More than $1.8 billion of private equity investment has gone into the education technology sector in the past year. Hundreds of new video learning companies, marketplaces, tools and academic education companies have appeared. There has also been an explosion of written content, published in blogs and articles, all generally easy to find and curate with mobile tools, social media and various products that recommend content.

This new digital world now offers a veritable ocean of free or nearly free content, often authored by experts, seasoned professionals, business leaders and well-known academics. It’s not a world most traditional learning management systems, or LMS, were designed to manage.

The traditional LMS is typically a software platform that manages, tracks and provides reports on all aspects of formal learning. The estimated $2.5 billion  marketplace for these systems is largely dominated by products that track and manage courses, not content. This means most companies have to buy a system to help track compliance training, professional education and formal learning, but may struggle to help employees find, manage and track all the new content on the Internet.  SNIP, the article continues @ Clomedia, click here to continue reading…..

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