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Top 5 eLearning LMS Platforms [Industry-Focused]

Your company needs a learning management system.

“I can just grab anything, right? All LMS platforms are the same.”

If you run head-first into LMS software, you could easily go through an ocean of paperwork, payment, implementation, course creation, and learning curve before you realize it doesn’t work for you. That’s a lot of wasted time.

And time is money.

But with just a little research, you can nail down the features that benefit your organization’s industry to ensure you get the specifics and services necessary.

Make sure you get what you need. Don’t pay for what you don’t need.

Do we need to tell you that this article will go into LMS features, challenges, and recommendations? Do we need to tell you that you’re going to learn all about LMS platforms with a specific focus on industry?

We didn’t think so.

What is an LMS Platform?

How to choose best lms

Online LMS software is a platform for organizations to facilitate education through automation, engagement, course design and delivery, learner progress tracking, and more.

LMS learning platforms are taking the professional world by storm:

  • The number of LMS users is estimated at 73.8 million
  • 77% of learners feel their LMS has had a positive impact on satisfaction, productivity, and teaching
  • 79% of L&D professionals expect to spend more on online learning
  • eLearning is increasing the income of 42% of US organizations

Get the whole scoop from our blog post eLearning: Modern Online Learning Explained.

But let’s move on to the different types of LMS training platforms.

Types of LMS Services

LMS e Learning platforms don’t come in only one flavor.

There are different types for different needs. Depending on your organization, they offer varied benefits and challenges.

Installed LMS

A locally-installed LMS means the software is hosted on your system or computer. Usually, you’ll download the system and then renew the license yearly to continue the service.

Since it’s installed on your computer, you’re responsible for updates, maintenance, and tech issues. Not a problem if you already have an IT team.

Some perks of an installed LMS are storing all data locally (great for security) and controlling all customization and personalization.

Web-hosted LMS

Also called SaaS (software as a service) and cloud-based LMS, a web-hosted LMS is (you guessed it) hosted on the vendor’s server – so on the web.

These typically have a monthly fee based on the size of your company and how many employees you have. You usually also pay more for extra features.

Being cloud-based means the vendor is responsible for updates and maintenance. A support team is in charge of troubleshooting and solving tech issues.

Your data will be stored on the cloud, but it won't be an issue as long as your system has top-class LMS security features as Tovuti does.

Open-Source LMS

lms

Now, we’re getting into the system’s source code.

An open-source LMS platform means the developer made the source code public. Anyone is allowed to modify, enhance, and distribute the program.

Oftentimes these are community projects with a group of individuals creating and updating the system. They may release updates and bug fixes, though you’re also expected to troubleshoot through the community if you run into a problem.

The learning management system Moodle is a well-known open-source LMS.

Commercial LMS

This is a private source code LMS service.

Commercial LMS platforms have a source code that can only be edited by the individual, organization, or team that owns it. They hold the legal rights to it.

It’s also called proprietary or closed source.

This type of LMS has all the updates and support handled by the owner of the source code. This means a top-notch support team like Tovuti’s will handle your potential technical issues.

You can hear more about this in our webinar on our support system between Tovuti and Zendesk.

Here’s a quick summary of LMS services:

 

Scalability

Licensing

Support

Customization

Installed

Re-licensing is necessary for scaling

Licensing is purchased on a schedule

Handled personally, often via your own IT

Limitless

Web-hosted

Upgrade your subscription

Licensing cost

Vendor handles all support

Customization varies

Open-source

Scalability only limited by your hardware

Free licensing and public source code

User is responsible

Limitless

Commercial

Upgrade your subscription

Licensing cost and protected source code

Vendor handles all support

Customization varies

Online LMS Platforms Specifics for Various Industries

lms for finance industry

It pays to know which features in online LMS platforms benefit your industry.

It pays to know which features in online LMS platforms benefit your industry.

Besides impacting your revenue, it’ll also affect productivity, efficiency, time, security, and ease of use.

It’s not one-size-fits-all. You need something that’s specifically made to make your life easier.

Let’s pick out some professional, made-to-fit slacks.

LMS Learning Platform for Healthcare

Healthcare is loving LMS platforms.

Flexibility and ease of use are particularly sought after in healthcare – after all, healthcare professionals often work odd hours or are dealing with one emergency after another. Therefore, they need software that offers an easy interface and a smooth learning curve to keep up with them.

Healthcare professionals are also keen on compliance and regulations, so it’s important to grab an LMS with tight security and HIPAA compliance.

For more on this topic, check out this webinar: All Things Compliance.

This industry has constantly shifting regulations and that requires constantly shifting regulation courses. Streamline this with:

  1. Easy editing of courses
  2. Easy delivering of courses
  3. Easy review of courses
  4. Easy completion of courses

It’s got to be easy…what if you have to go through all that again next month?

The healthcare industry is utilizing online LMS platforms for training and upskilling, and discovering new skills employees already have. Michael Garron Hospital in Toronto used LMS surveys to find transferable skills during the pandemic to identify which staff could speak a second language or had clerical experience.

eLearning LMS Platform for Financial Services

“Financial services” is a broad umbrella covering real estate, consumer finance, insurance, banking, and more. And they all use LMS services.

Finance professionals highly prize white-labeling and customization. Keeping consistent branding across platforms increases overall trust and reliability – and only 8% of people fully trust their financial institution.

This blog post has the low-down on Tovuti’s brand customization - White-Labeling: Customize Learning Management System.

Security and privacy are absolutely vital. Here are some things to look for:

SSO

Permits a user to use one set of login information for multiple applications

SSL

Encrypts transmitted data from third parties

TLS encryption

Encrypts data sent across the internet

SAML

Allows identity providers to pass authorization credentials to service providers

OAuth

Provides applications the ability to secure designated access

PCI compliance

Ensures that companies and applications process, store, and transmit credit card information securely

America’s Health Insurance Plans (AHIP) say they found streamlined certifications to be the best feature of an LMS. Bundling courses into certifications that can be easily purchased online, tracking certifications and re-certifications, and the ability to easily print said certifications were considered vital to their insurance team.

LMS e Learning Platform for Government Services

The government is big.

Okay, that’s over-simplifying. But needless to say, one of the key features for a government LMS platform is multitenancy - or the ability to represent multiple brands and groups for smooth, seamless education.

The Government of Andorra used online LMS software to create three different educational programs for a country-wide campus. It serves 14,000 users, is available in French, Catalan, and Spanish, and handles nearly 5,000 subjects.

Going hand-in-hand with this is audience management. Tailoring your education to different groups by role, education, job function, spoken language, and more is incredibly useful to a broad sector like the government.

They also demand security. Government facilities often have an extended enterprise, so they want to deliver education to third-party vendors, and to efficiently and safely do that, you need tight security.

SSO (single sign-on) is a great LMS security feature to look for. You can learn more about SSO from our blog post on single sign-on eLearning authentication.

LMS Platform for Consultants

When you’re training people who are essentially training people, it’s critical to have clear courses that are simple to review, edit, and update. Also, your consultants will love being able to review courses and use them again and again.

LMS user groups streamline managing separate clients and teams from a single system. It’ll improve your ability to painlessly manage organizational change because let’s face it; it’s an inevitability. It might as well be easy.

Self-paced eLearning was key for the Industry of Consulting and Quality Management when they adapted an LMS learning platform. They say they benefited greatly from the flexibility.

eLearning professor Dorina Grossu said blended learning boosted the company greatly as she loves teaching virtually, but their Lean Six Sigma consultant Cornelio Abellanas loves teaching in-person. A perfect combo.

Challenges in Choosing an Online LMS Platform for Various Industries

challenges in choosing lms

Each industry already has difficulties in training and education. And the challenges carry over when choosing an LMS.

The solution? Address the difficulties. Know your goals and needs.

Healthcare

Can you think of anything more stressful and erratic than the medical industry?

The biggest issues for healthcare workers are inefficient time usage, poor knowledge retention, and being unengaged by content. 

Check out these stats:

  • 76% of healthcare workers report exhaustion and burnout
  • 75% feel overwhelmed
  • 67% feel too tired
  • 93% regularly experience high levels of stress

An intuitive, engaging course will help them digest information, grab their attention, and keep them productive. Plus, flexible LMS e Learning platforms will be there whenever they have a moment in their hectic schedule…even if it’s at 3 AM.

Finance

Regulations, compliance, red tape, security…

The rules are one of the biggest challenges in the entire financial industry.

Therefore, it’s crucial to have an LMS up to date on compliance and certifications, plus one with solid security features in place to ensure the safety of sensitive information. Features like SSO, SSL, TSL, and other acronyms (we kid, we kid).

It’ll also help to have easy to update and deliver courses when your industry or organization ships out a new batch of rules and laws. That way, you can stay on top of regulation training for your employees.

You don’t want anybody doing anything outdated.

Trust us. It’s even worse than that sweater being passé.

Government

Two words: skill gaps.

The Government Accountability Office (GAO) says skill gaps play a role in about 49% of high-risk government areas. They went on to say: “Skills gaps within individual federal agencies can lead to costly, less-efficient government.”

LMS learning paths address this problem directly. Learning paths are personal to individual employees, teaching them the skills they lack or strengthening their weaknesses.

Individual development, customized to a particular employee’s job requirements and tasks, is what LMS learning paths are made for. This, coupled with regular assessments, will monitor knowledge retention, knowledge application, and overall current skill level.

Read more about assessments in our blog post on online assessment for learning management systems.

Consultants

The growing need for skills and the growing mass of obsolete skills.

40% of management consultants said that a significant challenge in their industry was the growing need for new skills and the pressure to keep up.

Upskilling? Reskilling? New hires? LMS services have got your back.

Upskilling and reskilling are simple with quick, effective course design. The main problem with upskilling staff is having them torn away from their actual, lucrative job…not a problem as online courses are completed 60% faster than in-person training.

And new hires won’t be an issue with LMS onboarding. Training new employees via LMS platform not only reduces training costs, but it reduces turnover.

Let these sink in:

  1. 58% of organizations say their onboarding programs focus on paperwork and processes
  2. Only 12% of employees think their employer does a great job with onboarding
  3. Employees who take part in an engaging, structured onboarding are 69% more likely to stay with a company for three years.

You pickin’ up what we’re throwin’ down?

How to Choose the Best Online LMS Software?

How to choose best lms

So you’re convinced. You’re saying:

“I get it! Get to the point so I can start shopping already!”

Okay, okay! You’re so demanding.

Here are five solid points to consider when choosing an LMS, whichever industry you’re in.

Features:

Take a good look at the software's main features (they’re usually listed pretty clearly on most LMS sites). Some features will vary from program to program. Still, a solid foundation of features to start you off are:

  • Course creation, management, and delivery
  • Gamification
  • Data and analytics
  • Third-party Integration
  • Virtual classrooms and webinars
  • SCORM compliance

That last one stands for “sharable content object reference model compliance” and is a big fancy string of words that mean that content can be brought back and forth between any system that’s SCORM compliant. It means it’s interoperable.

You can take a closer look at Tovuti’s LMS features over here.

Implementation

Implementation implies a lot.

  1. Signing paperwork
  2. Payment details
  3. Getting into the system
  4. Learning the system
  5. Designing a course
  6. Transferring old training material

How straightforward and simple this process is depends on the program. And it’s essential to have this process simple, trust us. It’s the difference between starting your training program in days or months.

So how will Tovuti help me learn the program? Tovuti pairs all clients with a training coach for the first 30 days to help iron out any issues or questions and teach ‘em the ropes.

Usability

53% of L&D professionals say that poor usability is the biggest factor when choosing a new LMS platform.

Even after you learn how to make courses, read analytics, and set reminders…you need a simple interface so your trainees don’t struggle. Ease of use is one of the most significant considerations for any software, especially learning management software.

You don’t want to have an entire course on how to use the course.

That’s a little complicated.

Support

Support is important.

Things could be going well, but if you hit technical issues like a username and password not being recognized or simply having an important question, an LMS having great support is critical.

And all we’re saying is that Tovuti was awarded “Best Enterprise Support” by G2 for our exceptional support team. It’s right here with our other LMS awards.

Not that we’re flexing.

Cost

Everyone looks at price tags, right? Everything from a turkey club sandwich to a high-rise apartment in Vancouver – you scrutinize the cost.

And you should. Ensuring you get the best platform for your company’s budget is essential. 

Free options can look tantalizing at first, but it’s good to remember that free options often lack key features, but freemium options usually cost more than most in the long run.

Aim for a middle-of-the-road, not free but not your child’s college savings, eLearning LMS platform. 

You want to get a quality product but you also want a good return.

Top 5 eLearning LMS Platforms

Alright, so let’s give you a quick list of online LMS platforms to get you started.

These top-class LMS services offer fantastic features and have the numbers to back them up.

1. Tovuti

This isn’t just a shameless self-plug…Tovuti really is one of the best online LMS platforms out there.

A simple interface, cost efficiency, smooth implementation, dozens of third-party integrations, and a myriad of features such as –

  1. Killer course design and management
  2. Detailed analytics and data
  3. Virtual classrooms, forums, and communities
  4. Engaging gamification

– it’s easy to see why in Fall 2021 G2 awarded Tovuti with:

  • Easiest To Do Business With - Enterprise and Small Business
  • Easiest Admin - Enterprise
  • Best Support - Enterprise
  • High Performer - Enterprise and Mid-Market
  • Highest User Adoption

Plus, it’s been adopted by the Saint Louis Science Center, SafetyNet, Digital Ocean, and more. 

It’s a powerful and easy-to-use LMS platform that’s taking the education and training industry by storm.

2. TalentLMS

Source

With a quick set-up time, customizable interface, and a diverse range of course design options, TalentLMS is a solid learning management system with solutions for many different industries.

It’s found its home in over 70,000 organizations, including Rosetta Stone, Isuzu, eBay, and Panera. Food delivery service Deliveroo says that TalentLMS helped them during the first pandemic lockdown in 2020 to onboard restaurants that had never had a delivery option before.

Helping people: great. Helping people eat delicious food: awesome.

3. ProProfs LMS

Source

ProProfs Training Maker is a great, affordable option for small and large businesses alike. It features good course design, reporting and analytics, virtual classrooms, third-party integrations, and white-labeling customization.

Capterra and FinancesOnline both give it a 4.5 out of 5. Plus, it has a 4 out of 5 on G2 and a 4.3 out of 5 on GetApp. It’s being used by companies like Acer, Dell, and Shell.

Ooh, we didn’t even try to rhyme.

4. SAP Litmos

Source

SAP Litmos is an excellent corporate LMS training platform with broad accessibility, solid encrypted security, and rapid deployment and implementation.

It’s SCORM compliant and has built-in course authoring, plus it comes loaded with pre-created content in compliance, leadership, management, communication, and more.

Litmos has worked with companies like Youtube and Fitbit and has been used in 150 countries by over 30 million learners.

Quite a testimonial if we do say so ourselves.

5. Coassemble

Source

Coassemble features a visually-appealing and easy-to-use interface to make training a little less drab and unengaging. It provides great data and analytics to really understand your employees. It also offers customization to promote consistency and brand recognition.

This eLearning LMS platform provides for over 1000 teams, including the Los Angeles Zoo, Hopper, and UMKC.

Coassemble also helped non-profit organization Cultivate International develop and equip disadvantaged communities to better support and educate themselves. One of these communities is in Zambia, which has now been empowered to start a small school of 50 learners.

Conclusion

Knowing that lms benefits your business

So you leave today knowing two main points:

  1. Every business would benefit from an LMS
  2. But different industries benefit from different features

Every industry should consider some things when choosing an LMS platform:

  • Solid features
  • Smooth implementation
  • Ease of use
  • Awesome support team
  • Its cost and your budget

But also keep in mind different models of LMSs, the main challenges your company faces in education, and the main problems your industry faces daily. 

Someone else’s solution isn’t necessarily yours.

Why not watch Tovuti’s demo video and see if it meets all your organization's requirements? See if it solves your industry’s issues and challenges?

We’re going to bet it will.

Author:
Tyson Chaplin

Tyson Chaplin earned his Master of Educational Technology degree from Boise State University in 2014. He also earned a graduate certificate in Technology Integration and holds teaching certificates in online teaching, special education, and history.

Tyson is an Idaho native who is passionate about technology and how it can help all people learn and better themselves. He has worked in both public and private sectors. Tyson enjoys cooking and traveling with his wife, Malia, and restores vintage video game systems in his free time.

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