slowly come closer to the end of 2019, it’s that time of the year again to look
at what ‘was’ and what ‘will be’ in the year to come. Every year brings with it
a flurry of new trends, mostly driven by emerging technologies and innovations,
which transform employee training just a little bit every time.
With the global eLearning market on a growth trajectory and poised to touch $15.72 billion by the year 2021, it is up to organizations and L&D leaders to get ahead of the curve and start planning and strategizing to leverage the newer learning and learning technology trends for the coming year/s.
next few weeks, we will take a detailed and comprehensive look at what L&D
leaders must embrace and what they need to let go of in 2020 and beyond- be it
in terms of eLearning, learning technology, employee engagement, Artificial
Intelligence and more.
explore Big Data, Learning Analytics & Reporting.
Big Data, Learning Analytics & Reporting
quintillion bytes of data created every day, big data has certainly affected our personal and professional
lives. However, data within itself doesn’t amount to much unless it can be
measured and analyzed, which is why Analytics has now become an absolute
must-have for every business looking to achieve operational efficiently and sustainable
growth and success.
by the overwhelming amount of data organizations now possess, it is only
natural for them to start analyzing it to evolve in today’s fast changing
digital landscape. And, one of the industries where analytics is quickly making
a huge difference is the learning industry.
eLearning, Big Data stands for all the data that is collected from learners’ behavior,
activities, performance, completions etc. However, the sheer amount of raw data
(big!) available is just beyond traditional databases. Enter Learning Analytics,
which helps L&D professionals with data that is more structured and presented
in more suitable formats.
L&D exist to create effective learning programs to develop their
employees’ talent and skills to impact organizational output and, in turn,
business growth, the success of an organisation is the ultimate priority for almost
all business leaders, and learning analytics holds a key position in the
organization’s operational cycle.
surprises then why learning analytics has become a major driver of improving learner
experiences, and hence L&D outcomes. Today, 80% of organizations and 63% of SMBs are
using or are set to use learning analytics as per a research
study by IDG. Enterprises, governments,
educational institutions and SMBs alike, which have had tons of data about the
learning habits of their employees, are finally starting to join the dots
between data and insights using learning analytics.
Analytics in 2020 & Beyond
The learning analytics market is rapidly growing,
with the growing need for data-driven decision making. According to a report by Research and Markets, the
global learning analytics market is set to grow to $7.1
billion by the year 2023.
L&D professionals will most definitely
continue to leverage learning analytics tools to track learner activities, like
daily log-ins, curriculum completions, and performances and so on. Personalized
learning continues to be a buzz work in the market, which is again largely
fueled by insights gained from learning analytics.
As data and personalization go hand in hand, more
so in terms of learning where all analytics is focused towards improvement, learning
analytics is a great way to determine the requirement and provide customized
learning experiences to each learner to improve their learning engagement and
also the retention rate. As each learner is different in the way s/he learns,
learning analytics can enable L&D professionals to tailor their approach
towards each learner’s academic aptitude.
An LMS with an inbuilt reporting and analytics feature can track user progress status for all the
learners in the organization. This can be used to generate progress reports for
individuals or groups and can be linked to how active the learner is too.
Learner activeness is generally a factor of Curriculum Completions, CPD Points
and Gamification Points.
L&D professionals are increasingly finding
more value in leveraging learning analytics to access learner behaviors to improve
the training quality and delivery methods. In a marketplace flooded with
evolving technology, there is no denying that the learning industry will
continue leveraging analytics on a larger scale to understand today’s learner behaviors
and accordingly evolve to cater to the learners’ unique knowledge and
Moreover, with every department in
today’s organizations facing tremendous pressure to show value, L&D stands to
benefit more from learning analytics, as they can finally quantify the
learners’ needs based on data. According to IBM,
62% of employers report that the use of information and analytics is
creating a competitive advantage for
them. Furthermore, learning analytics provides valuable information on how employee training impacts ROI.
L&D departments can back their budget
requirements on analytics, thus adding more credibility to their work, which
let’s face it, is often lacking hard numbers.
and more organizations leveraging learning analytics to manage their L&D
efforts expertly, there is a stronger push towards improving processes and learners’
experience now more than ever, which is expected to help develop a certain
culture of data-driven decision taking throughout the organization.
a great way to analyze learner data, and in today’s fast-paced and dynamic
business environment, a learning analytics feature such as UpsideLMS’ innovative Reporting & Analytics dashboard is capable of relaying insightful information that helps
improve decision making and produces better results.
in the series, we will explore the emergence of Artificial Intelligence (AI)
technology in learning and how L&D can leverage it to achieve greater learning