Education is not any exception to the evolution of technology and a new learning teaching method has brought place however, not within classroom walls but within cyberspace.

eLearning provides the same teaching course offered by the original schools but it's powered by the absolute 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 create due to its multiple functions. It's employed by colleges and universities to assess and monitor their learning progress of the students that are taking online courses. This method is also employed by corporate companies in training their existing workforce and would be employees. In corporate training, this method guides the employee through some training program up to designating them for their suitable position on the basis of the assessment of the reports gathered.

The web 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 based on 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 system doubled while people who were very satisfied decrease by 25%. Many clients of the online learning managing system are not contented with the system they've acquired and they seek advanced versions of their earlier purchased program. Almost a quarter of buyers meant to replace and obtain a new LMS or outsource their LMS functionality over the next 12 months. Possibly the online learning managing system couldn't meet the requirement of the education industry; perhaps something is missing from it.

The competition is tough nowadays individuals are buying a "complete package" in these products and services they desire to purchase. The educational managing system can't be viewed as a complete package. Unfortunately even though the LMS features a wide variety of function it still lacks something: It cannot provide a unique learning content. The advent of Learning Content Management System can not be stopped, LCMS it is a more advance version of LMS, it's exactly the same function of its prototype system however it can make, store, reuse learning content from a central object repository.

The newly developed Learning Content Managing System has been accepted in the internet learning industry but it really has a great deal to prove because of it to be considered as a perfect online learning managing system. It's features will undoubtedly be put to the test and system flaws is likely to 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 traditional 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 possibly a far detailed version of it. Online Learning Management System is among the technological advancement developed for the improvement of the education system, but nevertheless there is always room for improvement and man will continue to produce more complex teaching and learning systems.