SOURCE: LearnLive Technologies

LearnLive Technologies

February 16, 2010 13:23 ET

LearnLive Technologies CEO Offers 10 Predictions for Online Training and eLearning in 2010

Focus on Billable Hours and Reduced Expenses; Consolidation of Services Into Single, Central Platforms; Increased Government Regulation; and International Focus Expected to Drive Adoption

SEATTLE, WA--(Marketwire - February 16, 2010) -  A focus on billable hours and reduced expenses; consolidation of online training and eLearning services into single, central platforms; increased government regulation requiring additional compliance and accreditation; and a drive toward streamlined, international training are some of the factors that will drive growth and adoption of online training and eLearning in 2010, according to Shawn Englund, CEO of LearnLive Technologies.

A centralized Learning Management System can allow firms to deliver on a learning strategy that can facilitate "learning cultures" and drastically lower costs by eliminating manual administration, excessive travel, redundant efforts due to schedule conflicts, and the need for managing disconnected internal and external systems and vendors. Professional benefits include a rich and interactive learning environment, with personalized dashboards for managing coursework, matriculation, accreditation history and requirements wrapped within company-branded "University" portals.

LearnLive Technologies is the leading platform provider for the automation, delivery, management, and certification of accredited learning programs for professional service firms including accounting, legal and finance. Mr. Englund recently identified 10 key trends that will make a major impact within the online training and eLearning industry in 2010:

  1. Billings hours will trump all: There are fewer billable hours to chase; firms that have the most competent and educated employees can increase billings and expand their brand; the pathway toward this is via mature learning strategies that leverage and make available internal knowledge/IP to professionals anytime, anywhere to drive billings and productivity.
  1. Overwhelming Consensus for E-Learning: Firms will continue to leverage e-learning within their firms, driven by the economy and an across-the-board mantra to keep the focus on billable hours, reduced expenses and less travel. This now greatly appeals to partners once resistant to (technology) change, while more recent, wired professionals, eager to take advantage of the Internet, Web 3.0 and new technologies change cultures and drive change.
  1. Consolidated services/one learning platform: Companies will look more toward single, central repositories to manage their learning initiatives, streamline and standardize training and development across their organizations, develop "learning cultures," and provide their professionals with single point of access to their company's "university portal." Asking professionals to manage four or five vendor accounts, then piecing together disparate completion records has become outdated.
  1. Fewer options: Continuing consolidation in the marketplace is squeezing out smaller providers who do one thing (i.e. content provider) or offer a singular and limited product (like a compliance tool). To survive, single tools must fit into open architectures, content providers must be AICC or SCORM compliant, quality tools will be acquired and integrated into larger systems.
  1. Regional (professional services) firms take the training reins: With off-the-shelf packages that manage all facets of learning and online training, it is now much easier, affordable and wholly realistic for smaller, regional firms to take the reins and go well beyond the logistics of training to instead develop and build "learning cultures" that advance professionals from both a professional and firm perspective. 
  1. National firms have fewer options: With consolidation in the industry, it will be interesting to see what the consolidators do to open their combined solutions and react with increased flexibility to the customized needs of the National Firms. Will these companies allow their competitors content, at the choice of the firm, into their combined solution? To date, the consolidators have said no, which has frustrated the National firms. 
  1. The Big 4 will become overwhelmed: The Big 4 are striving to deliver 40% of their content via webcast to the desktop and traditional online courseware. This volume is unmanageable and is causing the training infrastructure to burst at the seams. How do they scale to this percentage and meet NASBA and state requirements without overwhelming PD staff and their subject matter experts? How do they avoid costly travel expenses by moving to webcast delivery? How do they deliver content to reach 10K professionals without delivering that same content 20 different times and getting an instructor to teach it 20 times? 
  1. Learning strategies will become internationally focused and streamlined: IFRS will continue to drive the global focus of firms. With trend toward single, consolidated services coupled with open architectures, it is now fairly easy to provide a seamless, standardized learning environment and content across global offices, with ability to micro-customize content as necessary. 
  1. Government will expand regulations into more industries: Banking, insurance, securities and insurance are seeing the effects of stricter rules and in some cases unprecedented government oversight, which can bring new regulations and requirements in the number of credits and type of content required by licensed professionals in these professions. 
  1. Leverage eLearning platforms into mechanisms to extend brand/marketing reach into existing and potential customers: A huge benefit of a cohesive leaning strategy including eLearning systems is the ability for firms to more easily leverage content/internal knowledge across their organizations, and to repurpose it back out to existing and potential customers as a way to extend brand and marketing reach at virtually zero additional cost. 

About LearnLive Technologies
LearnLive Technologies automates the creation, delivery, management, and certification of accredited eLearning programs for professionals including accounting, legal and finance. LearnLive manages real-time learning management, administration, registration and cataloging, including the delivery of client-specific content that meets requirements for continuing professional education such as live and on-demand webcasts, state-to-state compliance, accreditation and certification, course authoring, archiving and more. LearnLive drastically lowers costs by eliminating manual administration, excessive travel, redundant efforts due to schedule conflicts, and the need for managing disconnected internal and external systems and vendors. The LearnLive platform includes Compass™, an integrated learning management system (LMS), Compliance Tracking™, an automated compliance manager, Connect™, a webcast delivery platform, and Capture™, a course authoring tool. For more information or free demo please visit www.learnlive.com or contact us at 206.812.4700 or sales@learnlive.com.

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