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Why low-cost LMS platforms are expensive in the long-run

Time to Know

You’ve heard it before – “We’re not rich enough to buy cheap things” – Meaning that low-cost products are likely to break or need replacing, so buying one high-quality, long-lasting item is a better investment. So why do low-cost LMSs end up more expensive in the long run? Or larger ones?

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LMS Low-Cost Webinars Hosted eCommerce Subscriptions

Tony Karrer

They are early stage, so low-cost would be good. What would you recommend they research as possible options? What’s hurting the LMS market 2010 LMS Products of the Year LMS Satisfaction Features and Barriers Low Cost LMS - Help Needed Why it’s hard to find an LMS LMS Spotlight: Topyx LMS vendors: R u hearing us?

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Incorporating Metaverse into Corporate Training Programs in 2023: A Look into the Future

Infopro Learning

According to a Verified Market Research analysis , the metaverse market was worth $27.21 Its immersive experience, low cost, flexibility, interactivity, realistic scenarios, ability to be customized and ease of use make it a powerful tool for making corporate training programs better and more effective.

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Smart eLearning Content Development: What You Should Know

Infopro Learning

eLearning content development involves lots of research and hard work. Do extensive research and go through the profile of individuals you’re targeting and learn about their objectives, preferences, etc. The best part is that they are low costing hence you won’t have to compromise with your budget.

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2024 Trends We’d Like to See

Upside Learning

However, do so at low cost, with low stakes, at first. We expect to see new technological announcements and new research results. Which isn’t to say you should avoid these technologies. In the right place and time, they can be effective tools. We’re hoping to see less of the latter, however.

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Coursera and Burning Glass Institute Release 2023 Skills Compass Report to Help L&D Leaders Develop High ROI Learning Programs

Coursera

Enduring: Skills in this category have very high longevity and are often extremely low-cost to either hire for or develop. Investing in skills like teamwork or research delivers a high ROI, as they are fairly quick to acquire while still having high longevity. Adaptive: These skills are costly to hire and costly to acquire.

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Open Source is Not Cheap, Leave Alone Free

Upside Learning

The reason they say – it’s free or at best, comes at a low cost. The problem we find with it is that it’s often not a well researched decision and many of these clients may have to review their decision at a later stage. We’ve known this all along that Open Source is never cheap, leave alone free.