Top 13 features you need in your next Corporate LMSDevelopment of Learning Management System (LMS) has been one of the stepping stones of the modern era. LMS software is a progressive tool for automating learning between instructor and students. The concept of LMS has narrowed the division between reality and imagination. It has made the most challenging prospect of the last century possible, by bringing education to people even in the remotest areas, just with the medium of internet. Over the past five years, the market for this product has expanded potentially, and it has soon become a billion dollar industry. A host of industrial sectors like corporate, pharmaceutical, healthcare, advertising, education, government processes and many others are using variants of LMS. Thus, we can observe that LMS has had a global reach and a worldwide impact on many industries. The purpose of this paper is to:
- familiarize the readers with the concept and elements of LMS;
- outline the key trends in the market,
- present the market standing for various LMS products worldwide;
- discuss the key features that corporate companies are looking for while purchasing LMS.