“The effectiveness of a tool is not that it exist but that it causes your organization to work in a more proficient and efficient environment. Therefore, allotting funds to manage the system is essential to its success.
One would think to create a virtual learning system like LMS or CMS is simply transferring or reorganizing data into a template. On the contrary, analysts say that Learning Management Systems are investments ranging from $500,000 to millions of dollars. “
Karen,
Wow! I knew that the cost of fully integrating technology or creating a new learning platform could be very expensive, but $500,000 to millions? I honestly would not have thought it could be so extravagant.
On the flip side of that... I do believe it is a crucial necessity for many companies and educational institutions to create learning systems like the LMS or CMS, especially when the common goal is as you said in your writing, allowing the company to work in a more proficient environment and efficient environment.
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