Today, the companies need more efficient employees in order to be the best one in the market. There is tough competition in each and every sector and therefore, many organisations have now launched online learning programmes in order to train the workers.
Although a large number of organisations are now all happy with this new trend in educating and training the professionals, a few others are there who doesn’t value the e-learning mode to a great extent. Seeing the graphs of online learning in the past few years, it is, however, true that it has gradually gone up in the ladder of popularity among many around the globe.
If you are still in doubt about the efficiency of e-learning, let me make you aware of a dozen amazing facts about e-learning:
- In the year 2012, researches have shown that 77% American Corporations are using online education and it was only 4% in the year 1995. This clearly shows that the total number of organisations incorporating online learning is increasing at an alarming rate. This is due to the fact that the technological hindrances are deteriorating day by day and people are now becoming more open to the new developments in the field.
- Corporate training is a $200 billion industry and online learning alone has $56.2 billion share in this. Studies have found that by the year 2015, the numbers will grow to $107 billion. Therefore, it can be actually said that the corporate eLearning is one of the fastest developing markets in the educational sector.
- The term “eLearning” was first coined 13 years back and since then it has been proving itself as one of the biggest evolutions in the technological forum.
- 70% of the international eLearning industry is in the US and Europe. Asia Pacific is the best ever growing market of eLearning as the annual revenue in this field grows at an alarming rate of 20%.
- In most of the international organisations, eLearning is very commonly used as a training mode for the employees. The companies are increasingly shifting towards the eLearning and blended learning modes, rather than taking help from physical instructors. This mode is said to be more flexible, cost efficient as well as modern and hence the eLearning market will be over $100 billion by 2015.
- Now, a large number of organisations are implementing eLearning in their businesses in order to move ahead from the crowd. According to the Towards Maturity Benchmark Survey of 2011, 600 companies were surveyed and out of them 72% claimed that eLearning has helped them to adapt more swiftly to the change.
- The eLearning market in Asia is expected to get to $11.5 billion by the year 2016, as surveyed by the New Ambient Insight Report. Two countries with the most prominent growth rates in this sector are Malaysia and Vietnam, with 39.4% and 44.3% respectively. These countries will now be followed by Thailand, China, India and Philippines with an overall growth rate of 30%-35%.
- Now, almost 4, 600, 00 students in colleges are taking regular online classes and by 2014, the number will rise up to 18,650,000. And by the year 2019, most of the classes will be carried out online itself.
- In the year 2011, 51% of different organisations delivered online training sessions to more than 50% of their employees. The percentage was only 39% in the year 2010. For 76% of the organisations, the mode of training the employees were blended learning. According to the European Survey of 2011, almost 47% of the organisations already have planned to intensify the usage of this mode in making their employees trained.
- National Research Business Institute has reported that 23% of employees leave their current job as there is lack of opportunities and training. Hence, to avoid losing the talents and to avoid the recruitment expenses, the organisations have turned to the online and blended learning modes.
- The organisations can make a lot of saving, i.e. from 50% to 70%, if they replace the physical instructors with e-learning mode. Training the employees with the help of e-learning simply means that the course can be delivered through the computers and at a much lower cost. Also, the employees will not have to rush to the training centres by fighting the traffic as they can get hold of the programme from their home, online.
- ELearning is the advanced form of training and hence, it is now used by the technologically advanced companies only. A report from Workforce.com has shown that the Fortune 500 companies uses 73.6% of eLearning classes through the online mode.
So, if you are still thinking about the fact that how online learning is superior, I guess you should start learning online way yourself. Get yourself enrolled in an online degree programme of your choice, under an accredited university, and see how it makes your career prospects go higher.