Enterprise Learning Management Software: When to Invest, Examples, and Features to Implement

TL;DR

• Companies implementing e-learning, on average, see a 42% increase in revenue per employee.
• The top signs you need to invest in custom enterprise LMS development include unique business processes, the need for scalability and customization, lack of features in your current solution, high training costs, strict regulatory requirements, etc. 
• When creating an enterprise level LMS, you can opt for a cloud, on-premise, or hybrid solution. 
• The top features we recommend to include in your custom LMS are integrations, secure data storage, course & user management, assessments, and reporting.
• Implementing gamification in learning content boosts employee engagement by 48%.
• As remote work increases and the mobile learning industry is expected to grow 27% annually through 2028, LMS platforms must offer mobile access to facilitate training anytime, anywhere, especially for international companies.
• A custom LMS allows a company with 1,000 employees to save 20,000 hours annually on in-person training, equating to $1,000,000 in savings at an average hourly wage of $50.
• Our team has developed a custom LMS that led to a 30% increase in employee engagement, a 25% decrease in compliance violations, and a 20% reduction in training costs.

How Our Team Developed Custom ELMS that Increased Employee Training Engagement by 30% 

Once, our team collaborated with a large international financial services company, bustling with several thousand employees spread across countries. The enterprise faced a significant challenge of ensuring effective training and development for its diverse workforce. With labyrinthine regulatory requirements and the need for continuous professional growth, they sought a solution to enhance compliance and engagement while cutting down on training costs.

Client objectives

The company had clear objectives in mind:

1. Personalized training: They wanted to tailor the training process to meet individual needs and goals.
2. Regulatory compliance: The goal was to enhance compliance through regular, structured training programs.
3. Cost efficiency: They aimed to optimize the training process using technological solutions to reduce overall costs.
4. Increased engagement: The company needed to boost employee engagement in training initiatives.

Turning point: Implemented features

To address these objectives, we developed a robust Learning Management System (LMS) with a suite of tailored features for the client:

• Course Management: The LMS enabled the creation, organization, and management of training courses. Employees could be assigned specific courses based on their roles, and progress could be tracked seamlessly. Various content types, including videos, presentations, and interactive modules, were easily uploaded to enhance learning.
• User Profiles and Roles: The system allows managing user accounts with different access levels. Administrators, managers, and employees had roles configured to meet their needs. It ensured that everyone had the appropriate access to information.
• Progress Tracking and Reporting: Real-time analytics provided insights into training results, including course completion rates and test scores. Managers could generate detailed reports, pinpointing areas needing improvement.
• Quizzes and Assessments: The LMS included tools for creating tests and assignments, complete with grading and feedback mechanisms. Upon course completion, certificates were automatically issued to recognize achievements.
• Certifications and Compliance: Automated reminders ensured that employees stayed up-to-date with their certifications, particularly crucial in regulated industries. Tracking compliance training became a seamless process.
• Analytics and Reporting: Advanced analytics offered detailed insights into training effectiveness, employee engagement, and learning outcomes. Integration with business analytics tools facilitated comprehensive data analysis.
• Content Library: A centralized repository housed all training materials, complete with search and filtering capabilities, making it easy for employees to find what they need.
• Integration with Other Systems: The LMS seamlessly integrated with existing HR, CRM, and other management systems, synchronizing data across platforms. API support enabled connections with third-party solutions, like analytics tools and video conferencing platforms.
• Mobile Learning and Accessibility: With a responsive design for mobile devices, employees can access training anytime, anywhere—even offline—making learning more flexible.
• AI and Machine Learning: Integrating AI and machine learning allowed for advanced analytics, personalized learning recommendations, and automated content curation, enhancing the overall learning experience.

Transformation unveiled

After the implementation of the LMS, our client saw transformative results:

• Increased Employee Engagement: There was a 30% increase in employee engagement in training initiatives, driven by personalized recommendations and adaptive learning paths.
• Improved Compliance: Regulatory compliance violations decreased by 25%, thanks to regular reminders and automated certification tracking.
• Cost Reduction: Training costs were reduced by 20%, owing to process optimization and the adoption of technological solutions.

Ready to revolutionize your company’s training and development? Contact us to explore how a custom Enterprise LMS can work for you!

7 Signs You Need to Invest in Custom Enterprise Learning Management Software 

Before investing in any software, it’s crucial to understand your goals first. That’s why our team always takes the time to gather and analyze clients’ requirements before starting a project. This way, we can recommend enterprise learning platforms tailored to your needs.

“Every company is unique, and naturally, their employee training needs are too. Ready-made LMS platforms often come with limited customization options, meaning you might struggle to adapt them to fit your needs. Or think about the healthcare industry, where training systems can be even more complex. In that case, additional integrations are often necessary to make the learning process smoother and more efficient.”

— Nazar Kvartalnyi, COO of Inoxoft

Watch the video below to find out three ways to get your company to invest in learning and development.

Based on our experience, here are seven signs your company might need to invest in a custom solution:

Read a comprehensive LMS checklist and an LMS vs LCMS guide in our blog. 

What Enterprise LMS Can You Create? 

When creating an enterprise Learning Management System (LMS), you have three main options: cloud-based, on-premise, and hybrid solutions. Each comes with its own benefits, and the right choice depends on your organization’s needs.

• Cloud-based LMS: A popular option due to its flexibility and cost-effectiveness. Since it’s hosted on the cloud, you won’t need to worry about maintaining hardware. Your team can access training materials from anywhere, and updates are automatically applied.
• On-premise LMS: Ideal for organizations with strict data security and regulatory requirements. This solution is hosted on your company’s servers, giving you full control over the data, but it requires more upfront investment in infrastructure and IT support.
• Hybrid LMS: A blend of both cloud-based and on-premise systems. It offers flexibility in managing sensitive data locally while still enjoying the accessibility benefits of the cloud. You can choose it if you need to comply with industry regulations and want the convenience of cloud-based access.

“There’s no one-size-fits-all answer here—it really depends on your specific needs. You can consult with a software development company that specializes in creating these types of solutions to help you find the best fit. Usually, things like cost, security, and integration capabilities are the key factors to consider.”

— Nazar Kvartalnyi, COO of Inoxoft

Wondering how to create an LMS from scratch and how much it costs? Contact us today to get an estimate for the solution tailored to your business. 

Features We Recommend to Include in Your Custom Enterprise LMS

The feature set of your custom enterprise LMS will always match your needs. Yet, we’ve identified some core functionalities most companies find essential. Here are those we recommend based on our experience with the insights from our Senior Software Developer. 

Integration capabilities

Seamless integration with your existing systems is key to streamlining training processes. For example, if your company uses an HR system, integrating it with the LMS can automatically assign training courses to new employees during onboarding. 

“Incorporating LMS with existing systems, such as HR or project management tools, creates a cohesive experience where training aligns with daily workflows. This automation simplifies onboarding and ensures that employees receive the right training at each stage of their journey, enhancing productivity and compliance.“

Secure Data Storage

Data security is critical, especially in industries like healthcare. An LMS should store training materials and personal data securely to ensure confidentiality. In healthcare, secure data storage guarantees that sensitive information, such as patient confidentiality, is maintained. 

“In highly regulated industries, secure data storage is a non-negotiable requirement for compliance and trust. LMS solutions support secure data management by safeguarding information and ensuring that training records meet strict privacy regulations.”

Course management

An enterprise training management delivery system manages a variety of learning materials. The LMS should support different formats to cater to your learning objectives, whether it’s new product courses, video tutorials, interactive simulations, or text materials.

“Custom course management tools let you create, organize, and update content easily, making it simple to keep your training relevant.”

User management

This functionality allows you to control access to training materials. Different departments may require varying levels of access. For example, the marketing team might need one set of content, while the production team accesses something entirely different. HR, on the other hand, can monitor everyone’s progress. 

“Custom user roles ensure that everyone sees the content they need, making training more efficient and less overwhelming for users.”

Assessment and testing

Assessments are essential to measure learning outcomes. In IT companies, for example, employees need to get certified in new technologies, and the LMS can facilitate online tests with immediate feedback.

“Asynchronous testing is a game-changer. It allows employees to complete assessments on their own time while providing managers real-time performance insights.”

Reporting and analytics

Understanding the effectiveness of your training is crucial. Reporting tools, such as dashboards, learner progress trackers, and course completion analytics, can help track learner progress, identify knowledge gaps, and measure the overall impact of the training.

“Harnessing data from training sessions helps companies improve learning outcomes and boost productivity. With integrations for tools like Power BI, Tableau, or Google Analytics, LMS analytics can pinpoint knowledge gaps and highlight areas where content needs refinement.”

Mobile compatibility

With the rise of remote work, mobile compatibility is critical. The mobile learning industry is predicted to grow 27% annually through 2028. Therefore, enterprise learning platforms should offer mobile access to ensure training can happen anywhere, anytime. It is especially vital if your company is international, with employees located worldwide.

“Mobile learning has become a necessity, not just a nice-to-have. Ensuring mobile learning means choosing an LMS with responsive design, offline access, and app compatibility, allowing employees to engage with content from any device.”

Gamification

Gamification elements include badges, leaderboards, or point systems. When implemented correctly, gamified learning boosts employee engagement by 48%. 

“Making learning fun through gamification is one of the best ways to keep employees motivated and actively participating. It enhances engagement and fosters a sense of accomplishment that drives continuous learning.”

Personalized learning paths

Personalized learning tailors education to individual needs using data-driven methods, improving engagement and learning efficiency. Tools like Khan Academy and Duolingo show its success by adjusting content and pace for each learner. 

“Customizing the learning experience to individual needs ensures better engagement and long-term results. By leveraging data analytics and AI, personalized learning paths dynamically adapt to each learner’s progress. It ensures more efficient knowledge retention and fostering deeper understanding over time.”

Discover more LMS features and edtech trends in our blog. 

Are you ready to take your employee training to the next level with a custom LMS solution? Contact us to learn more about how we can help you build a system that meets your needs.

Business Outcomes You Can Achieve with Custom Enterprise LMS

Implementing a custom Enterprise Learning Management System (LMS) can bring significant financial and operational benefits to your organization. Below are some illustrative examples of how a tailored LMS can enhance business outcomes.

Scalability

As your company grows, so do the costs associated with a ready-made LMS. For instance, if your workforce expands from 1,000 to 5,000 employees, you might face a substantial increase in licensing fees. A ready-made LMS may charge $10,000 annually for 1,000 employees but jump to $50,000 for 5,000 employees, resulting in a $40,000 increase in costs. In contrast, you can scale a custom LMS to accommodate growth without incurring additional licensing fees.

Reduced need for in-person training

In-person training can be costly, particularly for large teams. For example, training 1,000 employees might cost around $1,000 per person, totaling $1,000,000 when factoring in venue rental, travel, and trainer fees. A custom LMS can significantly minimize these costs, reducing them to approximately $50,000 for maintaining the online platform. This results in a staggering $950,000 in savings compared to traditional training methods.

Improved efficiency and productivity

Custom LMS solutions can also enhance the efficiency of training processes. Traditional training might take around 40 hours per employee, whereas a custom LMS could reduce this to just 20 hours. For a company with 1,000 employees, this saves a total of 20,000 hours per year. At an average hourly wage of $50, this translates to an impressive $1,000,000 in annual savings.

Ready to explore how a custom LMS can transform your enterprise? Contact us to discuss your unique requirements and get started!

Make Us Your Trusted Partner for Improving Corporate Training Outcomes 

Our company specializes in developing enterprise learning management systems tailored to meet the unique needs of your organization. With over seven years of experience in the education industry, our skilled team is well-versed in the latest trends, audience preferences, and essential corporate learning goals.

Why choose us as your partner? Here are compelling reasons to collaborate with us:

• Strong Domain Expertise: Our extensive experience in the EdTech sector means we understand the complexities of educational software development and can provide insights that drive effective training outcomes.
• Comprehensive Services: We offer end-to-end solutions, from initial concept development to final deployment, ensuring that your project is handled with care and expertise every step of the way.
• Advanced Technology Integration: We harness cutting-edge technologies like artificial intelligence and machine learning to create adaptive learning environments that personalize the training experience for each employee.
• Global Accessibility: Our solutions help provide equal educational opportunities by enabling access to courses and training materials from anywhere in the world.
• Trend Tracking: We stay ahead of the curve by monitoring and implementing educational trends such as gamification, remote learning, and personalized learning paths.
• Innovation-Driven: By incorporating the latest innovations in the industry, we ensure your training platform remains competitive and effective in meeting the evolving needs of your workforce.

Reach out for a consultation on building your enterprise educational platform. Let’s turn your ideas into a market-leading corporate training solution!

To Sum Up

Investing in a custom Enterprise Learning Management Software (LMS) can be transformative for businesses grappling with complex training needs. By addressing inefficient onboarding and inconsistent employee training, an LMS can significantly enhance operational efficiency and employee engagement. Companies that implement custom LMS solutions often see increased revenue per employee, improved training efficiency, and significant cost savings.

Our experience as a software development company has equipped us with the expertise to create custom LMS platforms that meet the unique needs of various industries. Our dedicated team is committed to delivering solutions that align with your business goals and foster an engaging learning environment for your employees.

If you’re ready to take the next step towards optimizing your employee training with a custom LMS, contact us to empower your workforce and drive your business forward!