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Stunning Statistics That Prove The Power Of eLearning

Schoox

Check out these shocking statistics that show how valuable eLearning is in today’s corporate environments! When IBM adopted a new eLearning program , they found out that employees were able to learn between 3-5x more when training – compared to using physical manuals, books, and classroom education. By teaching more material in a shorter amount of time, IBM was able to streamline the workplace education process, and focus more employee time on day-to-day tasks.

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IBM Looks at Global Innovation

Kapp Notes

Recently, I got my hands on IBM's Global Innovation Outlook 2.0 In fact, you may want to check out a number of reports and ideas flowing at the IBM Innovation Web site. So it is filled with images, quotes and statistics from a variety of sources all juxtaposed to provide punctuation points to the information they are providing. Reading the report I was struck by a number of statistics and quotes which are splashed all over the pages and included in the margins.

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Top 10 eLearning Statistics for 2013

DigitalChalk eLearning

These are 10 eye-opening statistics about the eLearning industry and how they may affect you. eLearning can help companies boost productivity by 50%. Every $1 spent in eLearning results in $30 of productivity. ( IBM ). The training industry has changed dramatically over the past ten years as eLearning and mobile technologies have gone from early-adopter novelties to mainstream essentials.

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Suits and Scoreboards: How Gamified Learning Solutions can Massively Boost Workplace Productivity

G-Cube

According to elearninginfographics.com , 60% of learners claimed they were more motivated to learn and 80% of students studied reported higher productivity when experienced gamified learning solutions. And Bejeweled is not alone in either of these statistics.

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Suits and Scoreboards: How Gamified Learning Solutions can Massively Boost Workplace Productivity

G-Cube

According to elearninginfographics.com , 60% of learners claimed they were more motivated to learn and 80% of students studied reported higher productivity when experienced gamified learning solutions. And Bejeweled is not alone in either of these statistics.

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The Link Between BYOD and Increased Productivity

TOPYX LMS

IBM MobileFirst gives an excellent definition of BYOD: “ Bring your own device (BYOD) is an IT policy where employees are allowed or encouraged to use their personal mobile devices—and, increasingly, notebook PCs—to access enterprise data and systems. A BYOD policy also makes it easy for employees to access corporate data and online training materials, which can increase productivity. Of all the benefits listed here, increased productivity usually pleases company leaders most.

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Social Business by the Numbers

Marcia Conner

Seeking the source of a specific statistic that I included in a talk ? IBM’s 2012 CEO Survey of 1700 CEOs across the globe [released May 2012] tells many interesting things. In industrial products, only 34% of CEOs believe social media will play a significant role—the lowest of all industries; insurance (51%) and electronics (52%) are below the overall average. They are monitoring trends, promoting their brand and researching new product ideas.

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How to Get Executive Buy-In for New LMS Technology

Absorb LMS

The average age of workers is also increasing: By 2024, one in four workers will be older than 55, compared to one in 10 workers in 1994, the Bureau of Labor Statistics estimated. Skill investments can create a level of employee productivity and loyalty that may intrigue your C-suite. According to IBM , employees who believe that they cannot fulfill their career goals are 12 times more likely to leave their current organization.

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15 Stats About Sales Training You Won’t Want to Ignore

KZO Innovations

Bureau of labor Statistics). Bureau of Labor Statistics). 11) IBM saved $579 million over 2 years with video. IBM Case Study). According to buyer surveys, one of the most common gripes is that salespeople show off their product knowledge too much. Video engages employees into becoming problem solvers instead of product info absorbers. 1) There is a $1 TRILLION global spend on sales training.

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The Top 2 Functions of a Learning Management System

TOPYX LMS

What these statistics tell us is that eLearning, also known as online learning, or learning delivered via LMS, is effective. The article also said that “Cisco cut its overall training costs by about 40% to 60% when it transitioned to eLearning training” and “IBM saved big when it made the move to online corporate training. IBM actually cut its costs by roughly $200 million, which was approximately one-third of its previous training budget.”.

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The Pros And Cons Of Online Learning: Startling Lessons From COVID-19

Spark Your Interest

While the pandemic may have thrust us into this situation, the statistics show online learning has a healthy future. In terms of the pros and cons of online learning, cost-effectiveness is a clear benefit. “ IBM saved approximately $200 million after switching to e-learning ”.

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Nine Amazing Online Learning Facts

CommLab India

Let us now look at a few interesting statistics about online learning. For instance, when IBM implemented an e-learning program in their company, its employees learned five times more without increasing their time spent in training. In its annual whitepaper “ The Value of Learning “, IBM claimed it was able to deliver five times the training at just one-third the cost. They are ideal for demonstrating products and imparting soft skills.

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What is customer training? Benefits and how to successfully create it

Matrix

As the name indicates, customer training is learning designed specifically for the people using your company’s products or services. There is no universal recipe for customer training; it needs to be adapted to each product’s specifics and the client’s needs.

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Predictions for the Future of Digital Learning

ProProfs

These statistics show a rather slow but nevertheless stable growth of distant learning attendees in parallel to the similar fall of the traditional approach. IBM figured out that control over the digital process allows students to obtain five times more knowledge per time unit. The same IBM research calculations say that every single dollar invested in digital learning produces over $30. The quality of this work affects a website’s productivity and citation.

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Closing the Skills Gap with AI, VR, D&I, and Jazz

NovoEd

In 2016, leaders at IBM ranked technical core capabilities for STEM and basic computer and software/application skills as the top two most critical skills for employees. Today, IBM leaders now point to behavioral skills as the most critical for the workforce. We’ve seen a shift from product-focused training to skills-based training. Infor shared some statistics that underscore that learning in the flow of work is evolving to learning in the flow of life.

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Covid-19 forced millions of women to leave the workforce - here’s how to bring them back

Edume

Bureau of Labor Statistics , there were 2.2 Companies will also recognize that flexibility and remote work is productive and effective now that systems are in place to allow for it, and there will be a more progressive attitude to it.” you are launching a new product).

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What Is a Competency Model? +Benefits, Examples (2022)

WhatFix

IBM’s Data Science Skills Competency Model outlines the necessary skills and competencies required for success in roles related to data science, machine learning, and AI. Back to Blog. Employee Training. What Is a Competency Model? Benefits, Examples (2022). June 30, 2022. Disha Gupta.

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What it means that MS LifeScience Award Goes to 3D Virtual Conference Design

Kapp Notes

We've all read about IBM jumping into the 3D space and working hard to create a presence in 3D but one could always contend that they are being innovative because they are bringing innovation to their clients and want to "resell" 3D. But Microsoft with no known 3D product or initiative has recognized the importance of 3D for innovation. According to the Bureau of Labor Statistics, the Healthcare industry provided 14.3

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eLearning for the Petroleum industry with eFrontPro

eFront

One that is divided into several segments that are also huge themselves: the so-called upstream, midstream and downstream petroleum industry – concerned with the exploration and production of crude oil (upstream), transportation and storage of oil and refined products (midstream), and selling to retailers and consumers (downstream). eFrontPro helps you introduce your new hires to their working environment and give them the information they need to start being productive.

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eLearning for the Petroleum industry with eFrontPro

eFront

One that is divided into several segments that are also huge themselves: the so-called upstream, midstream and downstream petroleum industry – concerned with the exploration and production of crude oil (upstream), transportation and storage of oil and refined products (midstream), and selling to retailers and consumers (downstream). eFrontPro helps you introduce your new hires to their working environment and give them the information they need to start being productive.

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Learning Predictions for 2021

Aptara

A product of the Information Age, eLearning has grown above and beyond the capacity of merely learning. According to reports, game-based learning products are predicted to earn revenue of a whopping $7.3 The statistics are predicted to rise in the coming years. .

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“The average on-line learner is 34 years old”

Unicorn Training

In the latest in an occasional series on the use and misuse of statistics in e-learning, Unicorn CEOPeter Phillips examines Aurion Learning’s recent colourful infographic. link] seems to be a glut of statistics about the e-learning market circulating at present. No source is given for this stunningly useless statistic, but the median age of the whole world population is around 34, it’s a little higher in the US and approaching 40 in the UK.“82% It’s that IBM report again.

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12 Reasons You Should Invest in E-Learning

ProProfs

E-learning increases learning participation and facilitates building a centralized resource structure, aids in collaboration, and improves productivity. Improved Productivity. E-learning, especially in a corporate scenario, aids in improving the productivity of employees.

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Gamification Tools Winning Sales Teams Use

EI Design

LevelEleven uses gamification to increase engagement, productivity, and employee motivation through social contests. LevelEleven’s specialty is helping companies identify the driving principles behind productivity. So instead of tracking touchdowns, runs, tackles and other statistics in sports, players can earn points by achieving company’s sales goals. Also, you can continually tweak and refine rewards to boost productivity and improve the workflow of your sales teams.

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Presentations, The Numerati, Searching Google, Planning, & Swype

Big Dog, Little Dog

By building mathematical models of its own employees, IBM aims to improve productivity and automate management. Users Don't Search Google Effectively, Costing 40+ Hours of Productivity Each Year - BusinessWire. Boost eLearning discovered that 39 percent of all Google searches fail, leading to more than 40 hours - or one week - of lost productivity per user per year. The online survey found that respondents perform about 12 searches per day and, statistically, 4.7

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4 reasons why employee social learning will fail at work

Learning Cafe

Have a look at some the statistics: Facebook. Case studies of success of social learning at organisations such as IBM are compelling. Working at IBM and Google is very different from working at, let us say a bank or a mining company. If you can’t it will die a quick death or may even be counter-productive. Yes, I know that Facebook has 23 million users. Yes, I see people on Facebook everywhere I look – on the trains, at traffic lights and when at work.

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Nearly Half of Fortune 500 Companies Use E-learning. Why Aren’t You?

SkyPrep

According to statistics from IBIS Capital , 41.7% With an investment in professional E-learning software, the statistics speak for themselves: staggering employee development and financial gains. In fact, a report released by IBM revealed that companies who use E-learning tools can boost productivity by up to 50%. And for every $1 a company spends, it can receive $30 worth of productivity.

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Chief Learning Officer Unveils This Year's Top Companies for Workforce Development

CLO Magazine

It applies rigorous statistical analysis to evaluating the learning and development services that companies provide and ranks the organizations based upon business impact as well as innovation and execution. Siemens Healthcare Diagnostics, Global Product Education. • Learning Strategy: IBM. Dana Point, Calif.,

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Virtual Reality in Recruiting and Training

KnowledgeCity

Not being able to find the right workers who have the right skills at the right time slows economic growth and can cost a business more than $800,000 in lost productivity and advertising costs. Those are daunting statistics. According to IBM , 84 percent of employees at the top performing companies receive ongoing training. Virtual reality may seem like fun and games but is quickly becoming serious business at career fairs and recruiting events.

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Data on Big Data

Marcia Conner

Recent estimates from the US Bureau of Labor Statistics project a 22 percent increase in demand for professionals with management analysis skills between now and 2020. Ray Kurzweil as cited by IBM’s Tony Pearson ). 900 Billion/year: cost of lowered employee productivity and reduced innovation from information overload. We can throw the numbers into the biggest computing clusters the world has ever seen and let statistical algorithms find patterns where science cannot.”

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Getting Buy-In for eLearning: A 3-Step Process

SHIFT eLearning

Consequently, it improves worker productivity since it''s considerably quicker than the classroom-based alternative. Active engagement: eLearning can help increase participant engagement and improve employees'' learning experience and productivity. IBM has already done this with its own eLearning program for managers. Enhanced customer revenues: Customers in dire need of training to use a product or service are willing to pay handsomely for it.

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4 reasons why employee social learning will fail at work

Learning Cafe

Have a look at some the statistics: Facebook. Case studies of success of social learning at organisations such as IBM are compelling. Working at IBM and Google is very different from working at, let us say a bank or a mining company. If you can’t it will die a quick death or may even be counter-productive. Yes, I know that Facebook has 23 million users. Yes, I see people on Facebook everywhere I look – on the trains, at traffic lights and when at work.

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How to Build a Learning Culture: 7 Useful Tips

Eduson

The Gallup data statistics showed the astonishing results: 70% of workers are disengaged doing their job. It looks as if they are working, however, such employees show lower productivity and enthusiasm, let alone loyalty towards the company’s values. According to Bersin by Deloitte statement learning culture strategies for employees’ development are a part of the internal policies of such global companies as UPS, Google, Microsoft, IBM and many others.

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Baseball, Big Data, And Learnings From Advanced Analytics

Marcia Conner

He shared hours of commentary, anecdotes, and statistics related to the players and their game–our game, a game shared by my mother and the country. The University of Southern California (USC) Annenberg Innovation Lab (AIL), in partnership with IBM , is using advanced analytics technologies to uncover hidden sentiment from the Twitterverse around this year’s post-season play, for instance.

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The State of E-Learning in the Medical Device Industry

Webanywhere

This is especially true with regard to the time-to-market that is always affected within any production of a medicine or a device. As stated by the Florida Institute of Technology on the site orrodl.org in 2002, IBM estimated that around forty percent of its early classroom costs for training was spent on travel. A reduction in lost man hours makes it much more beneficial for companies; as productivity can be increased by nearly half (as the statistics emulate in their percentage).

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Technology and Training: Using Artificial Intelligence for Learning and Development

Abreon

For example, AI could look at a wide range of different employee statistics to find patterns that indicate when turnover is likely, allowing adjustments to be made to increase retention. Augmented Reality layers a simulated environment over the real world, such as apps that add game characters or virtual products over the live image from a smartphone or tablet camera. There are multiple companies that provide production and programming services for almost any budget.

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How to leverage online training for marketing

Coassemble

Think of HubSpot or IBM and how they offer public training for anyone using their platforms or practices. Be sure to include use cases with proven statistics from your current customers. This leads to improved productivity for new hires compared to traditional onboarding.

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Free L&D webinars for June 2018

Limestone Learning

That IBM found up to 40% of its classroom training costs were spent just on travel. In this webinar, we’ll walk through 5 ways you can answer the ROI question for video, and give you real tools you can use to estimate the cost savings and productivity boosts video can mean for you. And that makes sense, because it often feels like you need a statistics degree to understand HR analytics. How to calculate the ROI of video in terms of boosting employee productivity.

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From A to Z: The Essential Guide To Mobile Training Strategy Success

eFront

In fact, the president of IBM himself shared a dumbfounding prediction that there would be “a world market for maybe five computers” back in 1943. Statistics for 2017 have revealed that up to 91% of minutes spent on the Internet are on mobile devices. The team is excited to see the product of all their careful planning , late nights at the office, and countless cups of coffee, come to fruition. Did companies ever wonder why their offices needed computers?

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Five Reasons You Can’t Ignore Gamification

CLO Magazine

Learning leaders have found that integrating gaming elements into development offerings can increase productivity, employee engagement and retention, and promote innovation. Jeanne Meister, author of Corporate Universities , said that interactive learning games can increase long-term retention rates by up to 10 times — a significant statistic when considering knowledge retention (Figure 1).

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