Eduflow's integrated peer review functionality offers you both in one platform. For example, you could use one tool to run online courses, and another to facilitate peer review. It’s possible to use multiple LMS, or integrate multiple learning tools for different purposes. We store and organize course content for higher education and corporate training settings, along with other valuable features to track and increase engagement (like a built-in peer review tool). Eduflow is an example of a lightweight LMS platform. Schools alone spend an average of $10,243 on their LMS each year. And this year investments in EdTech are projected to top $252 billion globally. The LMS market is expected to grow to $22.4 billion in 2023. There are lots of LMS platforms out there.
An LMS also typically has tracking functionality to measure learner engagement and course completion rates. This training and educational platform allows users to create or upload courses, stores course content and takes learners through lessons and assessments.
Current estimates suggest 73.8 million people use an LMS. LMS means “learning management system” and is the base layer of any learning and development (L&D) tech stack.
Though similar, the two bring different benefits to the table. When putting together your e-learning tech stack, you’ll come across a learning management system (LMS) and a learning experience platform (LXP). In 2019, the e-learning market was worth $101 billion - the learning management system market accounted for $18 billion of that. E-learning is at the forefront of education and corporate training.
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