- 42% companies use some form of educational technology to train their employees during formal hours, and this number is only going to increase.
- Companies that use e-learning tools for their training generate 26% more revenue per employee as compared to those who don’t.
- Nearly 7 million students take at least one online course, and by 2021, approximately half of all college classes are estimated to be e-learning based.
Technological Development Opportunities In E-Learning Sector-
1. Cloud-Based Learning-
Single time downloads and installation of course material will stop being the norm, and the complete shift to cloud based learning is inevitable. Cloud based learning offers convenient, cost effective and customized content. It also allows collaboration for companies to pool their resources, share learning strategies and grow central knowledge bases. As this already exists now, the greater development in cloud based technologies means it will make seamless and efficient collaboration. Students or employees can access individual/complete e-learning modules that can be purchased and downloaded on demand creating tailor-made solutions for students and businesses.
2. xAPI-
xAPI means Experience API is one of the hot topics in the e-learning world today. It allows the collection of data about the learning experiences of an individual. xAPI will give us solid quantifiable answers to the same and track progress of each individual. It records each employees’ activity that includes e-learning, m-learning, games, online reading, social media etc. and send this information to record store which can be accessed to generate meaningful data.
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