Why more companies are looking for a new Online Training Software

• 2 min read

New data shows why more companies are looking to replace their Online Training Software

According to new insights on learning technology trends from Brandon Hall Group for 2016, companies that use an online training software certainly have their priorities in order.

In fact, a whopping 48 percent of companies surveyed as part of a new report from the learning technology analyst cite exploring new and/or different learning technologies as a top priority for 2016. But why is that? Why are so many companies looking to ditch their existing learning management system (LMS) when doing so involves replacing the single largest load on the average learning technology budget?

One hint could involve the number three cited priority: creating a stronger link between learning and performance. Previous Brandon Hall Group research has shown that “companies that adopt a framework that incorporates more informal and social elements report an improved link between learning and both individual and organizational performance.”Below, Brandon Hall Group explains as part of a new research brief:

Social and mobile technologies are the biggest priorities

Companies say that new technologies are the top priority, but there are myriad technology issues clamoring for attention. Within the chaotic learning environment, the biggest priorities within technology are social and mobile solutions.

Brandon Hall Group has been researching learning technology for years, and mobile and social have been steadily climbing the priority list. Now, they sit firmly on the top, and organizations are hungry for platforms that leverage new technologies to allow for a more “just-in-time, just-for-me” learning experience.

While the LMS accounts for about 39% of the learning technology budget on average, companies are still spending averages of 4.7% and 4.3% on social and mobile technologies, respectively.

That’s on top of the money they are already spending on their LMS, and more than one-third of companies expect those percentages to grow over the next year.

When it comes to technology-enabled informal learning, more than half of companies consider discussion forums and collaboration platforms as either essential or critical to the business. The problem is that they give all major solutions a failing grade.

When 46% of companies consider discussion forums  essential  and  8%  consider  them critical  to  the  business,  it’s  a  significant problem when only 5% say they are very satisfied with the discussion functionality of their current platform.

What online training software trends should you watch in 2016?

Want to learn more about how companies are shifting their focus to new learning modalities as online training software that support social, informal and experiential learning continue to boom? Download a new infographic from Brandon Hall Group that outlines a recent study on learning technology trends for 2016.