eLearning among learners is growing on a global level and Ireland’s growth rate is at 16.9%, which is second to Asia. The global eLearning market is expected to reach $107 billion in 2015 and has a 5 year compound annual growth rate of approximately 9.2%.
Benefits of eLearning for your clients business
- Eliminate scheduling hassles that are an associated need for management time & administration.
- Reduce direct staff costs by 40%.
- Reduce training time by 40%.
- Improve compliance: Interactivity & self-paced learning leads to greater knowledge retention.
- Increase flexibility with a lower impact on operations. Train employees at a time & place to suit you.
- Reduction in Time / Costs associated with travel, materials or room hire.
Positives of eLearning
- 90% of learners agreed that the use of technologies makes a positive difference to learning.
- More than 80% of learners agreed that the use of technology effectively enhances the learning experience and increases satisfaction with their course of study.
- Over 75% agreed that technology improved learner engagement with course material.
- Users are shown to remember 90% of course content where game mechanics are introduced as part of the learning experience.
- 77% of learners and 61% of lecturers agreed that using an eLearning platform as a form of blended learning improves the learning experience of learners more than using traditional teaching methods.
- 82% of learners agreed that using technology in higher education effectively enhances the learning experience of learner.
- 80% of Trinity College Dublin’s students and 68% of Dublin Institute of Technology’s students agreed that the quality of students’ learning is enhanced by using technologies to augment lectures.
(Research conducted by Trinity College)
“E-learning is a key growth sector, and I am determined that, with the establishment of this centre and through continued implementation of the Action Plan for Jobs, we can develop this sector in Ireland and make a major contribution to the growth and jobs we need.” (Richard Bruton – Minister for Jobs).
The Irish Government is injecting €6m over a six year period since 2012 in the Centre for Learning Innovation which will benefit Irish businesses across the technology and education sectors.