The Ultimate Definition & Importance of E-Learning

What Is E-Learning?

E-learning is a hot topic in the education and the corporate sector right now, especially in midst of the recent lockdown measures implemented across the whole world. It is a wonderful way to learn new skills, broaden your mind, and access learning modules at a much lower cost than the traditional method, that too from the comforts of your own home.

E-learning is a sort of digital learning that is conducted over the internet or other electronic media. It can be accessed through a computer, laptop, or smartphone, making it a convenient approach for students to learn from wherever they are. Software programs and digital courses, as well as interactive online platforms and applications, are examples of e-learning resources.

Value Of E-Learning

In recent times, E-learning has expanded rapidly because of its flexibility and excellent outcomes. Users benefit from the flexibility offered by E-Learning. On-demand content can be provided to individuals and teams on their preferred devices, whenever and wherever they want it. Learners can revisit topics, retake tests, and monitor their progress with greater self-paced, interactive access.

Content developers, industry professionals, and managers all consider eLearning simple to use. From changing the wording to adding new material and images, the module can be simply modified. This ensures that your courses are always up to date. It also allows for considerably more scalability for a larger audience. This way, experts can quickly engage with a far bigger audience with their content. Productivity is boosted with E-Learning.

When compared to instructor-led training, which typically takes individuals away from their work for hours or days and sometimes involves travel fees, E-Learning utilizes 40% to 60% less employee time. Employees will have more time to be productive as a result of this.

Since E-Learning is graphical and engaging, it helps students understand better. Furthermore, studies suggest that participants in eLearning acquire up to five times more content than those who receive traditional education, without having to spend more time in class. Schools that embrace E-learning technology are ahead of the game compared to others who still take a traditional approach to learning.

E-Learning In Business

In the business world, e-learning has proven to be the most effective method, particularly when MNCs conduct training programs for professionals around the world and employees can obtain essential skills while sitting in a conference hall, or when seminars are held for employees of the same or different companies under one roof. Online sessions and courses, made up of a variety of educational materials (PDF, PPT files, pre-recorded video, live training via video-conferencing software like Google Meet, Zoom, etc.) allow employees for fast learning.

The corporate and educational sectors have undergone substantial changes in the last two years. Many businesses had to adjust to new social isolation and quarantine circumstances. However, the true question presently is not about whether e-learning can help your company grow, but whether you can afford to overlook this exciting opportunity. If you haven't yet implemented e-learning, we'd like to share some statistics to urge you to do so.

Time Savings

Companies save a lot of time by using online professional training, especially when it is done remotely. They can be completed at the employee's leisure as soon as they register in this regard. They can then proceed at their own pace. According to the Brandon-Hall Study, employees spend 40-60% less time on e-learning than on traditional education.

High-Efficiency

As per CertifyMe.net, 72% of businesses improve their productivity to keep up with market developments.

Participation of Employees

Employees are more motivated and involved in corporate processes in terms of implementing e-learning for them. Moreover, the Molly Fletcher Company claims that online learning can boost employee engagement by 18%.

Minimization of Expenses

After gaining all of the benefits of eLearning, businesses can reduce their travel, equipment, and teaching personnel costs. Furthermore, the internationally recognized International Business Machine Corporation (IBM) saved $200 million as a result.

Measurable Impact

One of the major advantages of eLearning over traditional methods of employee training is that it can be measured. The impact of eLearning on companies can be monitored all the way to the bottom line, using baseline measurements to assess how well-trained the employees are.

Global Collaboration

With an increasingly international workforce, one of the most significant advantages of eLearning is that it can be designed to foster global online cooperation. Employees from various departments and countries can contribute to bigger corporate discussions right in the training session with some of the top eLearning solutions.

To Sum Up

E-Learning will continue to grow at an exponential rate in the future. E-Learning's importance will only grow as more educational institutions, business organizations, and online learners throughout the world discover its value. It already has a wide range of applications in the education and corporate sector and its future potential is enormous. The agendas of the biggest and most successful educational institutions have already realized that online learning has the potential to revolutionize people, knowledge, skills, and effectiveness, and other academic institutions will likely follow pace sooner rather than later.

Also if we do want to increase the productivity of a company or business, the Internet seems to be the only way to do so. E-learning is a cost-effective, time-efficient, effective, easy, and long-term answer for an internet business, according to statistics.

We must not, however, get ahead of ourselves. While the world of online education is undeniably interesting, many students, as well as employees who are uneasy with it, still prefer the conventional live, in-person teaching techniques that they are accustomed to. Because every person has a different learning style, online learning will almost certainly never be a one-size-fits-all solution to learning.

With that considered, there's no denying that we're at the start of a new age in education. What we have now in terms of e-learning will pale in contrast to what we shall have in the future in terms of online learning.