A Learning Management System (LMS) is a software tool that enables users to create, deliver, and report on courses and training programs. It acts as a large repository for storing and tracking information in one place. An LMS can be open source, meaning the user will need some programming experience to use it efficiently, or self-hosted, where the user must install the software on their hard drive or access it through their company's server. The Shareable Content Object Reference Model (SCORM) is a set of specifications created by the United States Department of Defense to promote the standardization of learning management systems.An effective LMS will allow instructors and administrators to manage elements such as user registration, content, calendars, user access, communication, certifications and notifications.
It also provides students with interactive features such as interactive discussions, video conferences, and discussion forums. Companies that already use SharePoint for content management can add a SharePoint-based LMS to further streamline the training process.The purpose of an LMS is to empower Learning and Development departments with the training and development of their students, so that they can continue the growth and success of the company and generate revenues. With hundreds of learning management systems available, it can be difficult to find the best solution for your business needs. Some offerings include AI as a feature of LMS to facilitate learning and make it more personalized.