Education is no exception to the evolution of technology and a brand new learning teaching method has taken place however not within classroom walls but within cyberspace.

eLearning provides the same teaching course offered by the standard schools but it is 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 found in education, administration and corporate set up because of its multiple functions. It's employed by colleges and universities to assess and monitor their learning progress of their students who are taking online courses. This system can be utilized by corporate companies in training their existing workforce and would be employees. In corporate training, this method guides the employee through some training program around 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 comprises 60 different providers. The six biggest LMS product companies constitute roughly 50% of the 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 number of unsatisfied purchasers of the machine doubled while those that were very satisfied decrease by 25%. Many clients of the online learning managing system are not contented with the machine they've acquired and they seek advanced versions of their earlier purchased program. Almost a fraction of buyers designed to replace and purchase 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.

Your competition is tough nowadays customers are looking for a "complete package" in the products and services they wish to purchase. The learning managing system can't be viewed as an entire package. Unfortunately even though the LMS includes a wide range of function it still lacks something: It cannot provide a unique learning content. The advent of Learning Content Management System cannot be stopped, LCMS it is a more advance version of LMS, it has the same function of its prototype system nevertheless it can create, store, reuse learning content from a central object repository.

The newly developed Learning Content Managing System has been accepted in the online learning industry however it really has too much to prove because of it to be viewed as a perfect online learning managing system. It's features is going to 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 traditional practices obsolete, with a straightforward click here and click there online research beats browsing through a great deal of books while getting the exact same information or even 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.