 Online Learning Update Ray Schroeder, editor, COLRS - Online@Illinois SpringfieldOnline Learning Update - a blog published daily since 2001 by Ray Schroeder, Professor Emeritus, University of Illinois at Springfield |
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Wednesday, April 18, 2007
Steady Growth in E-Learning Market - Training Zone UK
The UK e-learning market is growing at 18% a year, according to new research. The study, commissioned by e-learning company Epic shows steady growth, improving productivity, but poor profitability in the industry. Researchers looked at 157 companies providing e-learning product and services in the UK, and examined in detail the financial performance of 34 major e-learning suppliers over a three-year period, and shows: Year-on-year growth of 18% - at a time when general training revenues were static or declining. Improving productivity – topline revenue per employee increased by 24% over the period studied. Poor profitability – with certain players prepared to bear heavy losses in order to build market share.
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