The need for a Learning Management System eventually develops as the organization grows with respect to number of employees; however, taking decision over making or buying the system, puts the organizations on cessation for long. Developing in-house software when your core business revolves around it makes 100% justification; nevertheless, going against your core competencies and building a system from scratch would increase your constraint. The matter of fact with which we all would agree is the involvement of management in handling and managing core functionalities of premise over peripheral one’s thus, LMS development becomes a low priority project eventually an on-going.
While making decision on the kind of product level you are looking for, few major factors; standardization, time to market, features, and risk &resource allocation, places majority of emphasis in process.
Vendors in market today, understand each of the need along with the future road-map based on past trends. We have been helping one of the oldest and largest retail company, using online learning platform to train their sales executives on products FAB (feature/attribute/benefits) and customer pitching.
Below are seven strong balusters which justifies the derailing of custom learning management system (the make decision)
One of the confined benefit that you receive out of a vendor provided platform is the updated, standardize product, being served to major players in market.
Just like the best pasta are served by Italian restaurant, same is for the development of an LMS, although you can hire end number of technical developers and get your system on premise, yet, the range of efforts and knowledge pool residing with an expertise who considers each minute user experience while developing the system’s capabilities can never be compared. An expertise has a set view for long-term prospects of market who defines the problem from industry orientation and serves the best from his cards.
Simultaneously, before evaluating any aspect of product development don’t forget to assess its life cycle cost. Think on the implementation amount that would come, along with the long-term usage, as major changes in software emerges once it is deployed, leading to perpetual cost increment.
A cloud-native platform provider disperses his cost among clients, eventually fewer load on each subscription, compared to one developed on premise. Purchasing a third-party cloud-native LMS thus, becomes cost efficient, compared to building your own system from scratch, at the same time enjoying the lower cost benefits as the number of employees scales up on the other side.
You can anytime move for a vendor designed system which would take just a few weeks to choose the right LMS provider from the pool available in market. Once decided with the specific vendor it would not take more than a minute to start with your own branded system. From the time an organization feels for the requirement of having a Learning Management System to defining its capabilities, developing the road-map, accordingly hiring a team, training them on organizational competencies and then building the system from base, takes around a quarter to reach a decision, in-addition to carrying mid-way competitively prioritized projects. Whereas, these technological freak businesses have robust capabilities to develop the system which caters to each present as well as future need of organizations besides developing one specific to client requirements.
Building a LMS does not call for adopting a technology which is suitable only for specific organizational requirement, rather one which is compatible with the latest version of browsers, and Operating systems (Explorer, Chrome, Firefox, Safari, Android, IOs, so on) in order to work seamlessly and provide uninterrupted user experience. Adopting updated technology as per the market demand might prove to be an asset for current requirements, however, constantly upgrading it, and keeping a check on specific changes, do call for a well-trained industry expert. Adopting an established system gives you freedom to forget about such technical worries and see the system performing in latest versions, compatible with major technological environment changes.
Purchasing a LMS releases an organization with all worries about running, sorting, fixing, upgrading, and refreshing the software besides fulfilling each demand and enjoying the benefits of technology. It is always pertinent to purchase a subscription plan rather developing one and forget about daily testing, backups, clearance related to data and operations. Any updates being in demand related to industry growth will automatically get pushed in your system.
Growing organizations does demand a system which is constantly updated and scalable.
While developing your customized system, you ought to upgrade your platform and purchase more space, simultaneously refurbishing each capability, however, purchasing a cloud-native system, from a vendor, would just ask you to upgrade your subscription plan and you are ready with the system. LMS providers have their trays packed to serve, allowing ample of space for customization of any specific need.
Your LMS is fundamentally developed to serve learner’s requirement, any change in preferences or wrong engagement technique could cost you to revamp the system whereas, in third-party vendor integration, each of the activity is carried as per the best practices in market and in accordance to the demand. Besides, whenever you feel the system isn’t compatible with your organizational specifications, you can always choose to go with second best option available in market.
Using market driven, standardized product which provides maximum output for your requirement at the run-time does call for going towards a vendor developed industry wide recognized product.
Wants to learn more about E-learning Platform Try MindScroll and play on its free trial instance, prior to building your in-house system.