What is e-learning?

E-learning defines the use of electronic media to transfer skills and knowledge to individuals. It comprises network-based systems (internet, intranet) and other means like TV or CDs. In a modern environment, e-learning is mainly provided online on the internet with tools allowing the distribution, monitoring and management of training activities. It is an alternative to traditional instructor-based training.

What are the benefits of e-learning?

Cost Reduction: Improved training costs: E-learning reduces time away from the workplace, cuts down on expensive travel and reduces the need for costly classroom-based training.
Reduced material costs: Course is no longer delivered in expensive paper-based assessments or books

Improved Efficiency: Optimization of timing: No need to block a full day or week to get training
Personalized training: Students learn only the modules they need 
and do not have to go through the whole program.
Real-time access: Students can access the training at anytime and 
from anywhere.
Self-paced: Students learn at their own pace, not at the pace of the 
slowest member of the group.
Better focus: Student can focus on his work and training without being
bothered by topics or questions of other delegates that are irrelevant to his needs.
Monitoring of activities: Tracking of the learning progress, tests and 
certificates allow measuring the learning activities.
Standardization: A consistent message is delivered to all students. 
The exact same course is followed by the complete targeted group without any difference based on the trainer skills and experience.

Optimized Learning Speed
Fast delivery: Students do not need to wait for a scheduled
training session or availability of the trainer. One can simply register and start his course in a few clicks and a few minutes. 
Fast maintanance: Updates on the curriculum can be
built-in rapidly and made available for all students 
immediately and synchronously.

What about e-learning today?

- In 2014, e-Learning was a $56.2 billion industry, and it's expected to double in 2015.
- Corporations now report that e-learning is the second most valuable training method that they use. Replacing traditional Face to Face training with e-learning saves up to 50% of their training costs and decreases instruction time by up to 60%. 
- Over 40% percent of global Fortune 500 companies have now implemented e-learning to instruct their employees. 
- According to a report released by IBM, companies who utilize e-learning have the potential to boost productivity by up to 50%. For every $1 that company spends, it's estimated they can receive $30 worth of productivity. 
- It is estimated that about 25% of employees leave their job because there simply aren't enough training or learning opportunities. 
- 72% of companies who were included in a recent survey stated that e-learning helps them to keep up-to-date with changes in their industry, which helps them to remain competitive within their niche.