LMS: Understanding Learning Management Systems - 2021

A learning management system (or LMS) is designed to manage and deliver training materials or courses to online users. Corporate LMS platforms can be used for onboarding, employee training, and compliance training. Educational institutions often use an LMS to distribute learning materials, manage online courses and webinars, and administer students. Many organizations use a learning management system to train employees, provide education, and compile data. Some of the many benefits that an LMS platform offers are: - __Reduction of training costs and streamlining onboarding__: Online training can dramatically cut down on the costs of training new employees. An LMS solution can also help monitor the training of new employees to maximize efficiency and make onboarding simple for new users by consolidating many vital steps in the onboarding process. - __Tracking learner progress__: You can assess the results and metrics of your training programs or online courses in real time by using LMS software. - __Automated management__: An LMS can help reduce the workload of an organization’s Learning and Development departments and improve overall functionality by automating processes such as enrollment and deactivation. - __Increased accessibility__: Giving your learners the ability to access mobile learning or online learning from home makes usage more convenient. - __Increased engagement__: Interactive learning activities within an LMS make for greater engagement and retention across online learning platforms. - __Diversity of content__: LMS can facilitate many different types of course content, from instructor-led training to customized online courses to social learning. There are many features within an LMS that help optimize efficiency, engagement, and information retention for its users and for your organization. Some of the key features of an LMS include: - __Artificial Intelligence__: AI can help users personalize their learning experience by changing the user interface to meet their specific training needs. - __Automation__: Recurring tasks such as group enrollment and deactivation can be automated to save administrator's time. - __Customized learning paths__: An LMS often allows administrators to manage different user’s needs. For example, when onboarding new hires, the sequenced learning paths in an LMS will automatically manage the person’s completed training courses to make sure that they don’t overlap. - __Content Management__: An LMS provides administrators with the authoring tools for course creation and management of content. - __Content marketplace__: For organizations offering paid courses, LMS software allows learners to browse and purchase e-learning courses. - __Application Program Interface (API)__: An API serves as a bridge between your LMS and other software in your extended enterprise, allowing the user to integrate their most-used resources into one platform. - __Gamification__: Adding incentives like rewards for high scores on automated tests makes course materials more enjoyable and compels learners to stay engaged. - __Microlearning__: LMS software allows learners to engage with learning content in bite-sized increments, encouraging information retention and increasing accessibility. Vendors offer several types of Learning Management Systems, each of which offers different benefits that can be chosen to best meet the needs of different organizations. which include: 1. __Cloud-based LMS__: Cloud-based systems allow users to access content anywhere, because there is no specific hardware or software required to access the LMS. 2. __On-premises LMS__: Stand-alone software built and installed on a computer located on the business’ premises specifically for an organization's needs. Educational institutions often use an on-premises LMS. 3. __Software-as-a-Service (SaaS)__: Software-as-a-service (or SaaS) is licensed on a subscription basis, hosted by the software provider. Pricing models for SaaS typically vary based on the number of users, meaning costs can be scaled quickly as the user base grows. 4. __Open-source LMS__: Open-source means that the software creators make the source code available for independent software developers or users to customize to their specific needs. 5. __Free LMS__: Free LMS software allows users to use at least a portion of the courses or features for free. There is often a subscription option with a free LMS to access a fuller package of features. 6. __Proprietary LMS__: A proprietary LMS is typically built by a single company with a closed source, and is used for the sole purpose it is designed for. Get the [MasterClass Annual Membership](https://www.masterclass.com/) for exclusive access to video lessons taught by business luminaries, including Sara Blakely, Chris Voss, Robin Roberts, Bob Iger, Howard Schultz, Anna Wintour, and more. A learning management system or (LMS) allows you to manage training content or online courses for your business or educational organization.