What is the cost of an LCMS? Is your company considering developing a platform LCMS ? In this article, discover the costs to be expected and the gains to be expected in the long term!
The type of platform, a data to be included in the cost of an LCMS
The first step in evaluating the cost of a LCMS is to know which solution you are going to opt for. There are two types: Open source software And the proprietary platforms.
Open Source LCMS
Open Source LCMS is often free because the program code is available to everyone. Any company can acquire it and then take care of making the parameters independently.. This is where the main constraint of Open Source LCMS lies: installing and operating an LCMS platform on a company's servers requires solid technical skills, and therefore the availability of specialized staff in-house.
Some Open Source platforms offer paid add-ons or installation services to alleviate this problem. It is also possible to use one or more service providers to perform some of the required tasks.
Finally, the company must take care of maintaining and updating the platform itself.
Proprietary LCMS
As part of a proprietary LCMS, the publisher provides the platform already designed and ensures the training of the main users (training manager, trainers, learners).
The implementation is fast and the costs are covered by the LCMS publisher, however, the initial investment can be significant. There are two types of billing:
- The purchase : the publisher invoices for the sale and installation of the solution.
- The subscription : the publisher charges every month, but ensures the monitoring, maintenance and updates of the platform.
Hardware, to be included in the cost of an LCMS
Once the LCMS is purchased, it is necessary to move on to the deployment phase with potentially new hardware to be purchased. This concept should be included in the cost of the LCMS. Indeed, it is possible that the hardware that the company has is not capable of running the solution. It is therefore necessary to include in the budget the cost of the hardware to be changed, such as computers or the update of the operating system. This cost is particularly important for LMS that will be hosted on local servers.
Content creation
Once the platform is installed, it must be enriched with content. The estimated cost here is that of the time spent by the trainer to design the training and then to integrate it into the LCMS via theAuthor tool of the software.
Depending on the trainer's expertise, he will have to go through a digital learning training phase in order to be able to build engaging sessions and take advantage of all the technological potential of the platform, especially in terms of interactivity.
Once the cost has been determined, it is necessary to measure the profitability of the platform for LCMS. The transition to digital training allows a company to save money by reducing to a minimum the costs of travel, accommodation or even room rentals. In addition, employees can train faster by benefiting from personalized learning, which will ultimately have a positive impact on company productivity.
