| Learning management software systems are | | | | the addition of added LMS functionality to individual |
| considered to be important components in majority of | | | | enterprise software. However, despite these mergers, |
| the processes of various businesses in different | | | | there are still a lot of LMS options to be evaluated by |
| industries. The market for this technological innovation | | | | different organizations and companies because |
| is at an all-time high and is being used as a benchmark | | | | apparently, the pace of consolidation still can't keep up |
| for trends and comparisons. | | | | with the ever-growing market and the continuous |
| It has been discovered that the observation of learning | | | | stream of small independent vendors. |
| management software system trends can be used to | | | | Recently, the BPM market is experiencing the same |
| uncover the direction of the current trends in BPM or | | | | situation. Examples were IBM's acquisition of Lombardi |
| Business Process Management. Business Process | | | | and Progress Software Corporation's acquisition of |
| Management is an approach in management that is | | | | Savvion. Experts predict that more consolidations will |
| centered on the alignment of all the aspects of a | | | | continue for the industry, but the options for vendors |
| company or organization with regards to the wants | | | | will remain the same. |
| and needs of clients or customers. It is a holistic | | | | Social Media |
| strategy that promotes effectiveness and efficiency | | | | Various enterprises in the different industries have |
| while supporting innovation, flexibility and integration with | | | | been scrambling to get their hands on social media |
| technology. | | | | such social networking sites, web blogs and forums. |
| Upon careful consideration of the definition of business | | | | LMS software vendors have rushed to include social |
| process management, one can see that it is | | | | media tools in their products because they improve the |
| somewhat similar with electronic learning or eLearning. | | | | efficiency of informal learning. Majority of learning |
| Its ties with technology, innovation and objectives for | | | | nowadays have become more informal and occurs |
| efficiency are the same with that of the increasingly | | | | between individuals in casual communication. The use |
| popular elearning which heavily relies on learning | | | | of these new tools will hopefully demonstrate to |
| management software. It is therefore no surprise if | | | | corporations how to facilitate informal learning and |
| one mirrors the other, especially since both have | | | | capture the resulting information and knowledge into a |
| markets that are very fragmented with countless of | | | | searchable database. |
| vendors. | | | | It may seem that BPM is the "antithesis" of social |
| Here is a simple comparison overview of the latest | | | | media, considering that it follows more formal paths |
| trends in LMS to determine the trends in BPM: | | | | when accomplishing tasks. However, it has actually |
| Consolidation | | | | begun to implement the use of social media in |
| Five years ago, the consolidation among the major | | | | customer service and technical support. It is no longer |
| LMS vendors began. There has also been | | | | uncommon for companies to refer consumers to blogs |
| consolidation among companies that exclusively | | | | and forums for their needs. Like LMS, this industry will |
| develop and market LMS software, acquisition of | | | | soon embrace more changes in their processes as |
| smaller companies by larger vendors and firms and | | | | social media continues to dominate the market. |