Education isn't any exception to the evolution of technology and a fresh learning teaching method has brought place however not within classroom walls but within cyberspace.

eLearning provides the exact same teaching course provided by the traditional schools but it's powered by probably the most information packed medium today, the Internet. Through this, students can study online and their progress are monitored via an application software called online Learning Management System.

This learning managing system is utilized in education, administration and corporate set up due to its multiple functions. It's used by colleges and universities to assess and monitor their learning progress of the students who're taking online courses. This system is also used by corporate companies in training their existing workforce and will be employees. In corporate training, this technique guides the employee through a series of training program as much as designating them for their suitable position on the basis of the assessment of the reports gathered.

The internet learning management software represented $860 M market in 2009, this consists of 60 different providers. The six biggest LMS product companies constitute roughly 50% of the sum total, smaller product vendors, training outsourcing firm, consulting firms and enterprise resource planning vendors completes the market.

The training managing system sounds very promising but according to the survey conducted by American Society for Training and Development or ASTD and the E-Learning Guild, respondents say they're unsatisfied with LMS. The amount of unsatisfied purchasers of the machine doubled while those who were very satisfied decrease by 25%. Many clients of the internet learning managing system are not contented with the machine they have acquired and they seek advanced versions of their earlier purchased program. Almost a quarter of buyers intended to replace and buy a new LMS or outsource their LMS functionality over the next 12 months. Probably the online learning managing system couldn't meet the necessity of the education industry; perhaps something is missing from it.

The competition is tough nowadays consumers are buying a "complete package" in the merchandise and services they need to purchase. The educational managing system can't be looked at as an entire package. Unfortunately even when the LMS features a wide variety of function it still lacks something: It cannot provide its own learning content. The advent of Learning Content Management System can't be stopped, LCMS it is a more advance version of LMS, it has the same function of its prototype system nevertheless it can cause, store, reuse learning content from a central object repository.

The newly developed Learning Content Managing System has been accepted in the online learning industry but it really has a great deal to prove because of it to be viewed as a great online learning managing system. It's features will be put to the test and system flaws will undoubtedly be uncovered, how will LCMS fair? Only time can tell.

The teaching and training industry has greatly leaped from the old traditional ways. The rise of the Internet has almost made the standard practices obsolete, with a simple click here and click there online research beats browsing through a lot of books while getting exactly the same information or perhaps a far detailed version of it. Online Learning Management System is one of many technological advancement developed for the improvement of the education system, but nonetheless there's always room for improvement and man will continue to produce more complex teaching and learning systems.