Learning management system
The key goal of the LMS is to guide the educational system and enable an interactive learning environment to enhance learning capabilities by incorporating an increasing number of features. To keep staff professionally educated and more informed about goods or services, businesses use LMS. The LMS increases staff effectiveness, which can profit business organizations in turn. In the LMS industry, gamification is growing significantly; it is a valuable strategy to improve learners’ learning abilities.
A detailed SWOT assessment is conducted by 360Quadrants which precisely analyzes the firms chosen for examination. This helps software providers explore new opportunities and improve on areas that they lag behind their peers. It also encourages customers to select the most fitting alternative and vendors for their requirements.
Learning Management System 360quadrants Categorization
50+ companies offering learning management system solutions were analyzed and ranked, of which, 26 companies were positioned on a 360Quadrant that categorized them as Visionary Leaders, Innovators, Dynamic Differentiators, and Emerging Companies.
Visionary Leaders:SAP Litmos
360quadrants Company Evaluation Methodology
Substantial analysis has been employed to obtain a variety of software builders by a professionally experienced group of researchers and subject matter experts. A framework (patent pending) has been used to gather relevant information from the stakeholders involved, consultants, customers, product merchants, and 360Quadrants researchers based on more than 100 factors for product range and corporate strategy creation.
Core parameters under Product Portfolio include Single Sign-on, Strong SSL/TLS Encryption, Secure Access, User Tracking, Reporting, Enrollment, Learner Dashboard, Live Training, Video Conference, Personalized Training, SCORM and xAPI Standards, Assessment or Surveys, Gamification, Extended Enterprise Portals, 3rd Party API Integration, Virtual Classrooms, Mobile Learning, Social Learning and Social Media Integration, Content Creation and Curation, Multi Language Support and e-Learning. Other parameters analyzed are deployment options, policies and regulations, reporting features, client invoicing, and support provided by the vendor.
Geographic reach and partner network include Distributors, VARs, OEMs, Agencies & Consultants, Managed Service Providers and System Integrators or Builders, Financial Capability, Client Coverage or Market Footprint and Industry Verticals catered constitute criteria within market strategy development.
Each factor is designated a percentage relying on the information gathered relating to all of the above factors as well as particular sources. The outcomes are evaluated, and each service provider is assigned a conclusive ranking. Depending on its ranking, a company is positioned in the most appropriate quadrant after the finalization of the rankings.