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E-learning is the future. Traditional educational approaches, like colleges and universities, in addition to corporate training departments, are embracing digital reality – from using online platforms to leveraging VR and AR for training. Global Industry Analysts projected that e-learning would reach $107 billion in 2015, and it did. Current Research and Markets forecasts show that revenue will reach triple the value of 2015, with e-learning set to grow to $325 billion by 2025.
Businesses have a greater opportunity to reach potential new clients. Moving online allows public institutions to reach those who have limited access to traditional education.
People are constantly searching for opportunities to improve their performance and grow. E-learning is focused only on the needs of one particular learner, providing enough time to learn and cope with other tasks.
E-learning reduces expenses that are usually spent on a venue. It also makes learners less exposed to environmental influences – they choose the time and place for learning on their own.
Employees have the opportunity to take online training from anywhere and get real-time feedback from their managers during the course. When done in the right way, e-learning can improve business profitability.
The Digital Revolution is happening before our very eyes, and each business needs to find a way to respond to it. Digital transformation is not an option anymore; it’s a necessity and a matter of survival.
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