Top 54 LMS Software (Jun 2024)

LMS Buyer's Guide

Overview

LMS (Learning Management System) software is a tool used by businesses and educational institutions to create, manage, and deliver online courses and training programs. It provides a centralized platform for organizing learning materials, tracking progress, and assessing the performance of learners.

Why Businesses Need It

Businesses need LMS software to streamline their training processes, reduce costs associated with traditional classroom training, ensure compliance with regulations, and improve the overall effectiveness of their learning programs. It also allows for personalized learning paths and on-demand access to training materials.

Main Features

Key features of LMS software include course authoring tools, content management, assessment and grading capabilities, communication tools (such as discussion forums and messaging), reporting and analytics, and integration with other systems like HR software.

Main Business Processes LMS Software Can Help With

LMS software can assist businesses with onboarding new employees, delivering ongoing training and development programs, tracking certifications and compliance requirements, and fostering a culture of continuous learning within the organization.

Steps to Buy LMS Software

1. Identify your organizations learning objectives and requirements. 2. Research different LMS software providers and their features. 3. Request demos or free trials to test the software. 4. Consider scalability, ease of use, customization options, and customer support. 5. Evaluate pricing plans and choose the one that best fits your budget and needs. 6. Implement the chosen LMS software and provide training to users. 7. Monitor the effectiveness of the software through analytics and feedback.

Things to Consider

When buying LMS software, consider factors such as scalability to accommodate growth, mobile compatibility for remote learning, security features to protect sensitive data, integration capabilities with existing systems, and the level of customer support provided by the vendor.

Popular Vendors and Market Share

Some popular LMS software vendors include:

• 1. Moodle - Market Share: 18.6%
• 2. Canvas LMS - Market Share: 15.1%
• 3. Blackboard Learn - Market Share: 13.8%
• 4. SAP Litmos - Market Share: 11.2%
• 5. Google Classroom - Market Share: 9.7%

Trends and Next Steps

Some current trends in the LMS software category include the rise of mobile learning, the use of AI for personalized learning experiences, gamification elements to increase engagement, and the integration of virtual reality for immersive training simulations. The next steps for LMS software may involve further customization options, predictive analytics for learner success, and increased focus on user experience design.

10 Questions to Ask Software Vendors During a Demo

1. 1. How does your LMS software support multimedia content creation?
2. 2. Can the software integrate with our existing HR or CRM systems?
3. 3. What security measures are in place to protect user data?
4. 4. Does the LMS software provide customizable reporting and analytics?
5. 5. How easy is it to create and update courses in the system?
6. 6. What kind of customer support options do you offer?
7. 7. Is the software mobile-friendly for on-the-go learning?
8. 8. Can the LMS support social learning features like discussion forums?
9. 9. What are the scalability options as our organization grows?
10. 10. Are there any additional costs for implementation or ongoing support?

Head to head LMS software leaders comparisons:

List of LMS Software:

Learning Management Systems Software Price Range

Companies in need of Learning Management Systems (LMS) software would typically have to pay between $10 to more than $1,000+. The price range reflects the different model vendors use; such as “Pay-per-Learner”, “Pay-per-use” and Licensing fee system. Software vendors would also charge for additional features such as certification and Gamification. Depending on the size of the organisation, LMS software price ranges are as follows:

• Small businesses will generally have to pay between $3 - $300 for LMS software. For example, iSpring Learn starts at $4 a month, Talent LMS pricing goes for $59 a month, and Easy LMS costs $50 monthly. Coassemble starts at $99 a month, with its standard plan at $299 per month.
• Medium-sized companies can expect to pay between $99 and $1200 for LMS software. Tovuti LMS, for instance, charges $450 a month, uQualio Professional pricing plan goes for $499 a month, and LearnWorlds costs $99 per month. Other vendors bill users per year; some examples of these vendors are GoSkills, which charges $199 a year, and SkillCast pricing goes for $1200 annually.
• Large organisations should typically expect a price range of $1000-$7000 for an LMS software setup. Vendors may also charge for implementation, which brings about additional costs. For example, Docebo pricing starts at $1600 a month, LearnUpon Premium at $1700 and Looop Enterprise subscription cost price goes for $1199 per month. Nimble LMS costs $2950 a year; Gyrus goes for $3000 per year.

Prospective users can consider the price range of other LMS products as well.

Here of the best LMS best of breeds price ranges are as follows:

• Certification Tracking Software Certification Tracking Software products typically have a price range of $3 - $6 a month for base subscriptions. For example, SAP Litmos begins at $4 per month with another “Plus” plan starting at $6 a month; also, CoreAchieve pricing starts at $3 per month/per user. However, there are other mid-to-high tier subscription plans as well, which can be up to $800 monthly. For instance, MindFlash cost price begins at $599 a month, Intertek Alchemy costs up to $499, and Prosperity LMS goes for $295 per month. Lastly, Absorb LMS costs $800 per month, excluding setup and user fees.
• Mobile Learning Management Systems Software Mobile LMS software pricing typically falls within the range of $2 and $99 per month. For context, Brainsert Enterprise LMS pricing goes for $39 a month, KMI LMS for $2 a month and AllMyHR for $99 monthly. Other plans geared towards larger-sized customers have costs starting from $180. Examples are Canvas LMS, which goes for $380 a year, with a “Medium” plan for $760 yearly, and Moodle, which has a Mini plan that costs $181 a year.
• Course Creation Software Course Creation software has price points which lie between $0 and $300. Eurekos, for example, begins at $300 per month, Think Exam Standard subscription goes for $65 a month and Tutor LMS costs $149 monthly. Other vendors use annual price models as well, such as ServiceSkills, which goes for $2990 a year, and MyPass LMS, which costs $18 annually for each user.
• Employee Training Software Most Employee Training Software products start with a price point between $3 and $100. For instance, Degreed pricing begins at $10 for each user, ScriptPro price starts at $19 a month, and Newrow Smart beginning at $27 a month. There are other enterprise-level products in the best of breeds, such as Xapiapps which starts at $1000 per month, and KITABOO, which subscription runs up to $15000.
• SCORM-Compliant LMS Software Users can expect to pay up to $1300 for SCORM-Compliant LMS software. For instance, Iridize starts at $500 a month, Arlo Training pricing starts from $99 and Articulate 360 charges $1,299 annually. Other Professional SCORM subscriptions have a price range of $175-$499. DigitalChalk Corporate pricing costs $499 a month, and Exambuilder Pro plan goes for $250 per month.
• Social Learning Platforms Social Learning Platforms software have price points within $5 minimum and above $200 for various subscription plans depending on the vendors offering the software. For example, Basic subscriptions pricing begin at $5 a month, going up to $99; myQuest costs $99 a month, Eduson.TV pricing goes for $5 per month and Versal Pro for $5 as well. Examples of other mid-to-high tiered Social Learning products includes JoomlaLMS, which goes for $299 a month and Teachable Business plan, which costs $249.