LMS Development: Definition, Key Features & Cost of Development in 2021
Building an LMS for educational institutes and corporate offices have become the new normal. With the current COVID-19 pandemic situation, it has transformed the way we used to deliver learning and training to the students and the employees.
Investing in LMS development is an excellent solution for delivering comprehensive training in an efficient way. This is the reason for its higher adoption rate amongst the institutes and offices on a global scale. Needless to say that it has extremely bright future in the market.
In this post, we’ve discussed the information related to LMS like its basic definition, features and the development cost. This will provide an idea to the businesses that are planning for creating an LMS.
What is an LMS Software?
An LMS (Learning Management System) is a software designed to create and integrate course materials, monitoring learner’s progress, and developing customized tests to evaluate the performance of the learners.
Top Features of LMS Software
One of the best features of LMS is that it helps in building the customized learning course. This gives the businesses to upload the courses as much as they want to enhance the skills of their workforce.
There is no point of having an LMS that users can’t operate easily. You need to ensure that it has an intuitive user interface that can be used with ease. It should have a dashboard that provides a complete overview of the learning course.
There has been a growing inclination towards the mobile phone usage worldwide. An LMS should have mobile learning capabilities that leverage the learners to access the course while on the go.
To evaluate the skills and performance of the learners, this feature will be of great use. This makes the learners to enjoy learning flexibility, and take up the course whenever they want.
How much does it cost to build an LMS?
Typically, the estimated cost of developing a learning management system ranges from $50.000 to $150.000.
Although, the cost of building an LMS depends on the project’s complexity, selected technology stack, the development time, and the number of features that you wish to incorporate in it.
If you want an excellent LMS for your organization, you should search for the trusted LMS development company. They will thoroughly understand your requirement and deliver a suitable solution efficiently.