Choose The Right Learning Management System In 2022
If you want to start from scratch, please read this blog first: What Is A Learning Management System?—Everything You Need To Know
Learning Management Systems, or LMS, are considered strategic investments. This tool empowers the learning and development departments by providing training and development for their learners. It also helps the company grow and succeed and drives revenue. Therefore, it is important to choose an intelligent platform to achieve all these goals.
It is the platform that helps to enhance employee efficiency through different training programs. Therefore, the majority of businesses consider getting it. However, choosing the wrong LMS platform can lead to an absolute mess rather than a benefit. There are plenty of options available in the market.
Therefore, selecting the right learning management system platform for your organization can be challenging. Research the available options thoroughly and make the right decisions. This guide will help you choose the right platform.
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What Are The Types Of LMS?
Let’s start by understanding the different types of LMS available on the market. As we mentioned above, there are thousands of options for LMS to manage e-learning and deliver the course materials to the employees. Most of the IT platforms usually serve this common purpose; however, the individual features of each platform can vary. Therefore, it is important to consider how the platform delivers the training and resources while matching your organization’s needs. There are two types of LMS one can find: Private and Enterprise. Let’s discuss each one of these in detail.
Private LMS
The private LMS is safe and does not share any resources or codes with other businesses. It offers security and the best performance. The organization needs to handle the installation, monitoring, and updates, and you will have direct access to your learning management system. You can easily integrate it with your other systems or customize it according to your requirements.
Benefits of Private LMS
Great Customizability
Private LMS solutions usually offer many customization features. Therefore, you can customize the various components of your user dashboard and integrate the branding into your training materials.
Implement Your Data Security Measures
Most of the LMS solutions offer a certain level of data security and have protocols to ensure your information’s safety. However, you can apply additional security measures with a private learning management system.
Lower Continual Costs
With Private LMS, you pay only for the licensing that grants unlimited access to the system, unlike cloud-based platforms, which require monthly or yearly subscription fees. Therefore, you would pay lower continual costs.
In-house Team Control
With a private learning management system, your team has full control of the learning management system, and therefore, you can personalize it according to your needs. You can also get assistance from a trained specialist of your service provider if your team cannot resolve any issue.
Fully Integrated System
A private LMS gives you the power to merge all of the tools seamlessly in one place. With a private learning management system, you can easily integrate the new system with your current tools and other related software.
Control On Storage Capacity
With a private learning management system, you can choose how much data you can store and where to store it. Usually, cloud-based systems offer limited storage depending on their remote servers. However, with a private solution, you can easily back up your data with a secondary server if necessary.
Read our blog: How Coggno’s Free LMS Makes The Learning Process Fun
Enterprise LMS
The Enterprise LMS is a software application that delivers and manages training for employees to build professional knowledge and skills. This is used to educate the non-employees on the enterprise’s products and services. The Enterprise solution capitalizes on the best techniques from each historical training method and wraps them in one comprehensive design to formalize informal learning. Here, the administrator can easily log in and pull the reports about nearly any aspect of the training program. For most businesses, the enterprise LMS could be the best solution. With this learning management system, you can create the learning content rather than manage the LMS.
Benefits of Enterprise LMS
Salesforce Integration
The new-age enterprise learning system seamlessly integrates with your other tools, such as Customer Relationship Management. With this integration, your employees can easily access the online courses through a tab on your CRM.
Reduced Cost
The Enterprise Learning Management System lets you deliver online training without additional costs, such as infrastructure or traveling. Once you create the training, your employees can access it multiple times through their devices.
Automated Reminders
The advanced Enterprise solution helps professionals exchange ideas and retain knowledge. The system triggers automated notifications for the learners during their training and assessments. Therefore, your employees are aware of the new training programs and can easily scale their knowledge.
Content Management
The robust enterprise solution also lets you manage the different types of content utilized for your employee training. The training can include graphics, audio, videos, and more. The enterprise LMS also supports content formats that are compliant with Tin Can or SCORM.
Performance Tracking
With Enterprise learning systems, you can easily monitor how your partners and employees are doing with the training. It can incorporate the statistics and reports that allow tracking and identifying where improvements are required.
Related Blog: 11 LMS Trends That Will Impact LMS Adoption And Use In 2023
Factors To Consider Before Choosing The Right LMS
Do you know that 4 out of 10 US companies are less satisfied with the learning management system? The recent research done by Brandon Hall Group says that around 38% of the companies using learning management systems are considering a change. As a business, you need to make sure that you choose the right learning management system, as you will be investing a good amount of money in it. Therefore, you need to consider a few factors before selecting the right solution for your organization. Here are a few you should consider:
User Experience
This is one of the most crucial factors to consider while choosing the right LMS for your business. Your learners will be spending most of their time on this platform, and therefore, the platform should enhance their learning experience. It is always advised to keep the learning curve of the LMS low so that your learners can use it without asking for anyone’s help.
Integration
Another essential factor that provides an optimum user experience to your learners is integration. You can enhance the user experience with a single platform so your learners can access all the applications using the same credentials. Therefore, you can always check whether the LMS can integrate with your CRM and other platforms.
Configuration
Besides the user experience, you also need to ensure that the LMS is flexible enough to be configured according to your requirements. For example, you should be able to configure your LMS’s display to match your business’s branding and website.
Catalog and E-commerce
With the Learning Management System, you can host your online learning catalog and the eCommerce functionality. However, it depends upon your service provider’s systems. Some of the LMS platforms offer built-in services for Catalog and E-commerce, whereas few platforms use additional integration like Shopify.
Audience Management
Your audience is another crucial factor to consider while getting the LMS for your business. You may have to serve different audience types through a single platform with additional content. Therefore, you need to check whether the LMS serves this purpose. If not, you would have to invest in another online education platform to cater to your other audiences.
Reports
Most Learning Management System platforms offer standard reports and allow you to create customized reports. Discussing your report details and requirements with the service provider before making a decision is always advisable. Few service providers charge an additional cost for customized reporting services.
Support
Choosing the new service provider for the LMS also incurs a new relationship with the vendor. The success of this new relationship is determined by the level of support you receive from them. Therefore, it is recommended that you take a quick glance at their support system and online training resources to understand their way of working.
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How Can Coggno LMS Help?
The right learning management system can transform your business even before you realize it. Coggno, a leading private learning management system platform, serves as a one-stop solution to cater to your business’s pertinent needs. We are experts in delivering personalized learning solutions to all verticals. If you want to find out how Coggno can help your business, request a demo from our team. We will help you choose the best platform for your business that fits your budget.
Read this blog: WHY SHOULD YOU CHOOSE COGGNO AS YOUR ONLINE TRAINING PROVIDER?
