LMS System(learning management system) In Large Companies:

Large Companies
Large companies need to continuously train hundreds and even thousands of employees from different subsidiaries. Many of them use learning platforms to keep distributors, franchisees, and other sales channels up to date on product launches, compliance requirements, and more.
Small And Medium Enterprises (SMEs)
Do you think an learning management system s only for large companies? Today, even a small company can launch e-learning to train employees and develop their skills with less human resources and training costs. By empowering their employees with technology, companies scale their business growth and adapt to the ever-changing marketplace. Other learning management system users include non-profit organizations, government agencies, and educational institutions.
What Tasks Does An LMS Automate?
Here are some cases in which using an LMS system is a good idea:
Induction
With an learning management system you can automate employee onboarding. You only need to create a training program once and then assign it to all new employees.
Compliance Training
An LMS system can help you keep employees up to date with compliance regulations. With a learning platform it’s easy to update your training program as you can add new compliance standards to your online course in just a few minutes.
Product training
With an LMS you can train sales staff and other professionals about your company’s products or services. The system allows you to provide product training on time, exactly after the launch of new products and constantly update on subsequent catalogues.
Sales training
An LMS system can help you teach sales reps in different offices and geographic locations how to sell better. You can develop their sales and communication skills with the help of mock dialogues and SCORM courses, and test their knowledge with online tests.
Training for partners
An LMS system allows you to train thousands of partners around the world using the same program. You can easily educate your partners on how to market, sell and support your products.
Knowledge base
All learning content is saved in one place. Even if employees don’t take a course, they can easily find the information they need at any time. This is especially convenient for companies that need to provide training for sales staff on a wide variety of products.
Learning management industry
In the US higher education market as of Fall 2018, Blackboard (31%), Canvas (30%) and Moodle (18%) were the top three LMSs by number of institutions. The same three systems led in student enrollment, but Canvas slightly outperformed Blackboard. Globally, the picture is different: Moodle has more than 50% of the market share in Europe, Latin America and Oceania.
Many LMS users use an authoring tool to create content, which is then hosted on an LMS system . In some cases, LMSs that do use a standard include a primitive authoring tool for basic content manipulation. More modern systems, especially SAAS solutions, have decided not to adopt a standard and have rich course writing tools. There are several standards for creating and integrating complex content into an learning management system, including AICC, SCORM, xAPI, and Learning Tools Interoperability. However, the use of SCORM or an alternative standardized course protocol is not always required and can be limiting if used unnecessarily.
Advantages
There are six major advantages of LMS: interoperability, accessibility, reusability, durability, maintenance and adaptability, which in themselves make up the concept of learning management system.
Other benefits include:
An LMS supports content in various formats: text, video, audio, etc. Materials can be accessed anytime, anywhere, teachers can change the content, and students can see the updated materials. Student evaluation is simpler and fair, based on student attendance and online quizzes. Teachers can easily track student performance in the form of tables and graphs.
Students and teachers can reuse the material every time they need it.
Students can learn together by setting up a school website with the learning management system software and help ” Keep organizations up-to-date with compliance regulations. If your organization needs to stay up-to-date with current compliance regulations , then you can a Learning Management System are an invaluable resource Compliance laws change regularly, and updating a traditional course to reflect these changes can be a time-consuming task.