eLearning Growing, Changing Enterprise Training
E-learning has emerged as one of the hottest technologies that corporations are using to train employees.
How popular is e-learning among enterprises? A recent study from Elearning! Magazine surveyed a wide range of business leaders and decision markers across multiple industries including healthcare/pharmaceuticals, manufacturing, technology, telecommunications and others. The study showed that last year e-learning investment increased to an average of $4.9 million annually per respondent, a 9 percent increase from 2013.
This indicates the continued growth of e-learning will carry forward in 2015 and beyond.
The use of e-learning is growing – changing the way companies do business and how they enhance their workforce. The study also gave us an insight into what e-learning tools companies are using to accomplish their goals.
The survey found that 75 percent of respondents use one or more e-learning development tools (assessment/testing, content development, virtual event/classrooms, etc.). Not far behind e-learning development tools, 71 percent of respondents claim to use web conferencing tools.
E-learning and Business Objectives
The study found that 61 percent of total employee training hours are now deployed outside of traditional classroom settings. The percentage of total training hours delivered via e-learning, blended or virtual classroom technologies remained steady at 48 percent.
Fueling this growth is the need to increase employee engagement, which 68 percent of companies rate as the number one business objective for investing in learning, and globalization of the workforce.
Participating companies cited globalization as the top business challenge impacting training organizations. Other objectives include increasing collaborative learning (46 percent) and improving collaboration across the enterprise (44 percent).
Virtual classroom technologies, including Virtual Learning Environments and virtual classrooms, are used by 45 percent of enterprises, and 27 percent of companies plan to purchase virtual learning solutions in the future—a 60 percent increase.
Delivery and Measurement of E-learning
Web conferencing tools and project management tools are among the most highly used e-learning services, followed by assessment and testing tools and content development services. For the first time, the top method for measuring learning was testing and assessments, with 72 percent usage, pushing employee feedback to second place at 68 percent.
Also changing is the adoption of cloud, or SaaS (Software as a Service), technologies. Among learning and talent management systems, cloud-based systems showed the highest rate of growth: 28 percent. Enterprise LCMS usage was down 40 percent, LMS enterprise use was 22 percent lower and enterprise talent management systems shrank by 13 percent.
Cloud peer evaluation grew for the second year in a row, up 29 percent, with usage now at 27 percent. More companies are increasing their focus on internal talent development, fewer on reporting and tracking activities.