Why do I need Learning Management Software in Saudi Arabia?

3 years ago

PeopleQlik #1 Learning Management Software in Saudi Arabia Did you know that 83 percent of businesses now utilize a learning management system (LMS)? Indeed, by 2023, the worldwide learning management system market is anticipated to be worth $23.21 billion. However, with the advancement of technology, doubts regarding whether the LMS is dead continue to arise. According to a recent study by the ATD, the majority of respondents (73 percent) claimed their LMS usage has increased in the last two years, demonstrating that LMS usage is increasing rather than stagnating.

So, what exactly is a learning management system? What’s more, why do I require one?

PeopleQlik #1 Learning Management Software in Saudi Arabia

Why do I need Learning Management Software in Saudi Arabia?

What is a Learning Management System, and how does it work? The Fundamentals

A learning management system, or Learning Management Software in Saudi Arabia for short, is a software application that serves as the foundation for managing all aspects of the learning process — it’s where you store, deliver, and track your training content. While most commonly referred to as an LMS, it can also be referred to as a training management system or a learning activity management system.

A learning content management system (LCMS) is occasionally mistaken with a learning management system (LMS). An LCMS is a piece of software that allows you to create and manage learning content. The two systems are complementary, but they are not identical.

A Learning Management Solution in Saudi Arabia is designed to make the lives of individuals in charge of training and development easier—for example, setting and analyzing individual and organizational learning goals, tracking progress toward those goals, and collecting and displaying data for the learning process supervision.

An LMS can handle onboarding, compliance, and skills gap analysis in addition to delivering content.

It’s a reality that SharePoint is used by two out of every three businesses.

As a result, firms that already use SharePoint for content management may want to consider adding a SharePoint-based LMS to further improve the training process. A connection between the systems facilitates communication by allowing an administrator to log in once and manage content and cooperation.

What Are the Benefits of Using a Learning Management System? Benefits

If you’re still unsure what a learning management system is or why you should use one, consider the following advantages.

Cost savings: Using an LMS to train and teach employees lowers employee travel, optimizes training expenditure and usage, and reduces the amount of money spent on facilities and instructors. An LMS is a no-brainer in terms of cost reductions.

Training consistency: Because a Learning Management System in Saudi Arabia is centralized, training and course delivery are consistent. By providing a single source for information, course materials, and instructions, it ensures that all employees receive consistent training and learning.

Easy to track learner progress and performance: LMSs make it simple for companies to provide training reports on a global or user/student level.

Comply with regulatory requirements: Many sectors may be obliged to train, assess, and report in order to stay in compliance. Oil and gas, medicines, communications, and building and construction are just a handful of these businesses. These legal and regulatory obligations can be met with the help of an LMS.

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Call us at +966547315697 or contact sales@bilytica.com for a demo. The Learning Management Software in the Saudi Arabia team will be happy to serve you.

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Learning management systems, in general, have far more capabilities than those listed. These are, however, the most common selling points and top indicators of whether you and your company may profit from an LMS.

What Are the Advantages of a Learning Management System? Investment Return on Investment

Let’s look at the numbers if you’re still not convinced why you should invest in a learning management system. The numbers, as simple as they may be, do not lie! Consider the following scenario:

Let’s imagine your company sends a group of 200 salespeople to a one-day training conference every year.

At $200 for each person, a total of $40,000 is raised.

Course creation costs $1,500, while the cost of a trainer is $3,000, and the cost of equipment is $400.

$44,900 in total!!!

This identical training can be done in 12 days with an LMS and eLearning, saving you money:

The cost of a trainee is $20,000.

$3,000 for course development

$0 for the trainer and $0 for the equipment

A total of $23,000 was spent. This little modification in procedure resulted in a savings of $21,900, or 48.7%.

While this is a simplified example, there are a variety of ways to calculate a learning management system’s return on investment, including lower administrative costs, reduced travel, and facility costs, faster time-to-proficiency, the reduced financial risk associated with compliance, and decreased employee turnover, to name a few.

Is the LMS a thing of the past? Certainly not. With the present skills gap crisis affecting numerous industries, Millennials’ need for ongoing education, and a lack of leadership capabilities inside firms, the learning management system is set to thrive for many years. Choosing the proper Learning Management Software in Saudi Arabia for your company may boost employee retention, productivity, and reduce turnover.