Why Do You Need to Develop an eLearning Platform in 2021?

The digitization of learning went into overdrive when the COVID-19 hit. Since then, online education has catapulted like never before.

Experts feel that the most significant trend of 2021 will be the mainstream adoption of eLearning platforms in schools, colleges, universities, healthcare, and corporate firms. Statista even predicts that the global eLearning market will reach over US$ 370 billion by 2026.

Several online training providers have even received substantial funding from global investors to step up marketing and sales. For instance, Coursera (the online learning platform) has raised US$130 million, Udemy (the online course provider) has raised US$50 million, and Duolingo (the language learning website) has raised US$35 million in funding by the end of 2020. Besides, tech giants like IBM and Adobe have also heavily invested in eLearning platforms to remotely train their employees.

At a time like this, the most effective way for businesses to gain a competitive edge is to implement a custom EdTech solution that addresses today’s learners’ needs. We’ve listed down some of the critical reasons that show why an EdTech solution is the need of the hour.

Why Do You Need to Develop an eLearning Platform in 2021?

Cost-efficiency Use eLearning platforms to save on hiring, engaging, and retaining online training staff while eliminating costly subscriptions and onboarding.	Real-time Updates Update courses, calendars, multimedia content, assignments, databases, etc., in real-time, and do away with long lags in information delivery.	Tailored Programs Create unique learning experiences through tailor-built online courses, workshops, videoconferences, podcasts, and on-demand libraries, depending on user requirements.
Seamlessness Sort, structure, organize multiple online courses within a centralized space, and offer a seamless learning process without siloes.	Sustainability Go for eLearning platforms since it’s a sustainable option with zero carbon footprints and keep endless piles of printed textbooks at bay.	Agility Bring in flexibility with eLearning programs that are agile enough to meet varying learning needs on a near real-time basis.
Workflow Automation Leverage automation in eLearning to distribute course materials, send timely notifications, create reports, and take away all tedious tasks that involve replication or repetition.	Increased Outreach Optimize online courses for tablets, mobiles, and smartwatches so that a large number of students/employees can access updated content anywhere, anytime.	Advanced Reporting Rely on built-in reports and analytics in eLearning platforms to gauge learners’ progress and online training programs’ effectiveness.

Remember, a full-fledged eLearning portal with seamless integrations can help you innovate, drive learner productivity, and improve your revenue opportunities.

Schools, colleges, universities, and corporate firms that have already introduced robust eLearning portals have a clear advantage in 2021 over those still striving to work out a profitable EdTech solution.

If you want to have an edge over the others, build a feature-rich eLearning portal that proves to be a great product-market fit. Your EdTech solution can cater to multiple niches such as the following:

Sectors that Benefit from eLearning Solutions

Education Sector Build a powerful eLearning solution to improve classroom engagement and bolster knowledge retention among students.	Corporates Create an enterprise-grade eLearning portal to step up collaboration, brush up employees’ skills, and keep staff motivated.
Non-profit Sector Integrate an EdTech solution to provide practical and affordable training courses to volunteers working in non-profit organizations.	Startups Invest in a reliable eLearning platform for startups looking to expand their client base, invite corporate partnerships, and improve their bottom line.

In a Nutshell

There’s no doubt that software will reshape learning in ways we’ve never seen before, and this isn’t a short-term trend anymore. There will be increased adoption of EdTech software in the years to come, given the pandemic has already jeopardized in-person training to a large extent.

So, before it’s too late, develop an eLearning platform that can help you one-up the competition in 2021 and beyond.

If you’re not sure how to fit the pieces together to create an eLearning portal, drop us a message. Our EdTech experts will work out a strategy that’ll offer unparalleled usability and support a growing number of learners in a socially-distanced world.