Top 5 Benefits of eLearning Solutions for Modern Organizations

This pandemic, if there is any industry that has seen a remarkable change, then it is definitely the education industry. Online learning is the new trend these days. Modern technology such as smartphones and computers have brought a remarkable shift in the eLearning industry as now students can easily study at their own leisure. And not just for students, the introduction of these online learning solutions has also changed how companies used to train their employees. With interactive learning for students, these eLearning solutions can also be used to train your employees in an interactive manner.

The Research Institute of America reports that learning retention rates improve from 8 to 10 percent for face-to-face training to 25 to 60 percent for e-learning. No wonder, that this industry has reached over $56 billion in 2015 and is expected to hit $200 billion by 2024, and seeing such numbers the demand for eLearning software development companies has also increased among the business owners. 

 

Interactive learning is not the only benefit of learning online, there are many more benefits which your company may reap by implementing these solutions in your business. Let us discuss a few of the other benefits of eLearning for both your employees and the company.

 

Cost-effective 

It is one of the clearest advantages of implementing eLearning solutions into your business. Costs related to travel time; catering, training room gets saved. Employees just need to have access to a computer or a mobile phone, and sometimes, to complete their training. There are many companies that have saved quite a few dollars by switching to smart online learning solutions. These solutions are all the more useful when now companies have started working with teams dispersed in multiple locations.

Engagement

Engaging content always makes the learner or the reader keen to read the content. From text to animation, graphics, and gamification, a variety of engaging content is being made to increase retention and comprehension of content. The big training module is always lengthy and feels boring while going through.

Unlike the traditional methods where employees were dependent on the instructor's long lectures and thick printouts, eLearning solutions are far more interesting. It was found that employee engagement increases by 19% when learners turn to eLearning programs, and this is the reason why more and more companies are opting for eLearning software development services. 

Accessibility

24/7 access to training is the greatest benefit of eLearning. As per one's own time schedule and convenience, training can be done. Also, with these online learning modules, you can even train your remote employees as they need not have to visit your office just for training. You can hire the services from a proficient mobile app development company, to get smart app solutions developed per your requirements.

Scalable for any number of employees

Once you are ready with your eLearning module, all you need to do is to roll out to 'n' number of employees. Also, language is not a barrier here, finding a person in every city to instruct your employees makes it quite challenging. With the help of the eLearning platform, any employee can access the data and can convert it into their preferred language. HubSpot Academy is one of the examples, which has adopted eLearning programs with just a fraction of the workforce they have now.

Contextual content

The learning need for each employee and department varies. A new employee requires training of everything from A to Z whereas a seasoned employee requires different training, which might be to upgrade his or her skills. Hence, the eLearning module can be customized based on the needs. 

Conclusion

Elearning solutions not only help students in interactive learning but are also beneficial for industries, looking for digital transformation, as using these smart eLearning software solutions they can provide interactive training to their employees and encourage them to actively participate in those training sessions. Many enterprises and universities have discovered the benefits of eLearning and have started replacing their outdated methodologies with these smart online learning solutions. Now's the time to join the eLearning boom, and reap its benefits as this is both, present and the future of Learning.

Market Intelligence and Product Engineering the Two Pillars of a Successful Business

We talk about any business that either solves a query or gives a solution to some problem through its products and services. Thus, the business needs to understand the need of the market and the right solution that would fulfill its purpose of earning great ROI. For the great ROI, it is required to launch in the market a product that is engineered to perfection to resolve the problem the business aims at.  

In short the success of your business product depends on market intelligence, and product engineering. 

Let’s talk about one at a time. 

Market Intelligence

When talking about MarWhenket Intelligence, it can simply be explained as gathering information based on various data sets, analysing the information gathered, breaking down the gathered information into small sets, and distributing it over various channels. 

Big data analytics is a major part of marketing intelligence that helps experts to have an idea what would work in the market. 

Product Engineering 

The process that involves the ideation of the product to its deployment to the clients or in the market and regular updates is product engineering. To step in the market with a solution that can help you be in a win win situation you need a product engineering service providing company. It is important you reach the right team so the idea is conceived and implemented perfectly. 

Now that we have understood the definition of both the pillars that would turn your business to a success, let’s explore the importance of each of these. 

Why Market Intelligence Is Important?

Market Intelligence is important because it gives you an opportunity to explore the chances in the market. This helps you understand and realize what your customers need, and what could be their possible reaction to your new product. 

It also helps you reach your target market easily with various communication channels. With Artificial Intelligence based solutions integrated with your business you can always engage your customers better and have their reviews. 

The major reasons why experts suggest to have a market analysis are: 

• Better understanding of the market and its trends

• Comprehensive value proposition of your product

• Analyze the need of the product in the target market

• Realize the right marketing campaign to reach the consumer base

• Enlist the channels of product distribution

• Find opportunities of expansion in the market

The features, design, functionalities, operations, and some other aspects of your product are the result of market intelligence based analysis itself. 

Why Product Engineering Is Important?

To come up with a product that satisfies the result of market analysis, one needs to hire a product engineering service that is reliable and trustworthy. It is a product engineer who would work right from the ideation to launching of the product. The complete process would include taking care of the product design, development schedules, testing results, and deployment. 

Product engineering helps businesses hit the market with a solution that is meant to gain popularity. Also, it helps businesses achieve the following: 

• Come up with a product that would satisfy the results of market research

• Include new features in the product to beat the competition

• Introduce customized products to meet the technological, social, and cultural needs of the customers 

• Reduce the operating cost of the product and its risk of failure in the market.

Thus, it is of great importance to hire an expert to help you build a product that would be your identity in the market. With a dedicated development team, we at A3logics ensure to deliver you products that would help you expand  your business several fold. 

Key Takeaway!

Product engineering and Market intelligence together lay the foundation of a strong, profitable business that is accepted by the market and is ahead of its competitors. If you have a business idea and want a technology partner to turn your thought into reality then reach to the best IT consulting firm in just a click.