Looking for an LMS?
Here at e-Development we have teamed up with IT Associates to help companies create and own their own Learning Management Systems (LMS). Over the past few years, we have designed and created a system using a variety of open-source programmes and plugins to allow you to have your own LMS at a fraction of the cost of many other systems.
We have created an LMS for corporates, charities and SME’s all looking to make the most of a feature rich LMS without the ongoing rental costs.
Contact us to find out more about owning your LMS
So, should you own or rent your learning management system?
Learning management systems (LMSs) are one of the essential tools for businesses. Regardless of the company size, a system that helps you deliver, track, and manage your training programs in one place must be a good idea. But there are many different LMS options available, and some companies choose to rent an LMS from a third-party provider, while others choose to own their own LMS.
At e-Development and IT Associates we help you set up and run your own LMS.
What are the benefits of owning your own LMS?
- Save money in the long run. Rental fees typically increase over time, while the cost of owning an LMS is a one-time investment. Plus, you’ll have more control over your training costs when you own your own LMS.
- An asset instead of a cost. If you own your own your own LMS then it can be seen as an asset in accounting terms rather than a cost.
- Customise it to your needs. When you own your own LMS, you can add custom branding, features, and integrations to meet the specific needs of your organisation. This level of customisation is not typically possible with rented LMSs.
- Keep your data safe. When you own your own LMS, you have full control over the security of your training data. This is important for organisations that need to protect sensitive data, such as customer information or trade secrets. Rented LMSs may not offer the same level of security.
- Have complete control. Owning your own LMS gives you complete control over your training programs. You can choose the content, delivery methods, and assessment tools that are right for your organisation. Rented LMSs may have limitations on these features, or you may be required to pay additional fees for certain features.
- Use it for internal and external training. You can use your own LMS for internal staff training or to host and provide training to an external audience. This can be a very good revenue generation option for companies.
Contact us to find out more about owning your LMS
Here are some additional benefits of owning your own LMS:
- Improved learner engagement. An LMS that is tailored to the specific needs of your organisation can help to improve learner engagement. This is because learners will be more likely to use an LMS that is easy to use and that provides them with the content and features that they need.
- Increased training effectiveness. An LMS can help to increase the effectiveness of your training programs by providing you with the tools to track learner progress and identify areas where learners need additional support. You can also use an LMS to deliver targeted training to specific groups of learners.
- Improved staff compliance. Keep on top of staff compliance training by delivering just in time training to the right people at the right time.
- Reduced training costs. An LMS can help you to reduce your training costs by streamlining the training process and automating tasks such as enrolment, progress tracking, and reporting. Additionally, you can use an LMS to deliver training online, which can eliminate the need for travel and other expenses.
Is owning your own LMS a good investment for your business?
If you are serious about improving the quality and effectiveness of your training programs, then owning your own LMS is a wise investment. It can provide you with significant cost savings, customisation, security, and control over your training programs.
So, should you own or rent your LMS?
It depends on your specific needs and budget. If you are looking for a low-cost, easy-to-use solution, then renting an LMS may be a good option for you. However, if you need a more customised and secure solution, then owning your own LMS is the better choice.
If you want to know more we would be happy to have a chat.