Government Elearning! Magazine

FALL 2015

Elearning! Magazine: Building Smarter Companies via Learning & Workplace Technologies.

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Page 12 of 52

12 Fall 2015 Government Elearning! Trend lines Top Business Objectives for Investing in Learning Improving employee engagement (65%), personalizing learning and improving leadership skills (56%) are the top drivers for investing in learning today, reports the "2015 E-learning User Study" conducted by Elearning! magazine. The study queried 436 learning leaders across public and private sectors, 62% of whom held management titles. Leadership development is a perennial driver. However, personaliza- tion of learning and improving engagement jumped to the top of the list in 2014. In 2013, personalization was only 4% of the respondents; it's now the second-most-important objective. Why the shift? Wayne Mc- Culloch, senior vice president of Salesforce, attributes it to personaliza- tion due to available technologies. Personalization was not conceivable in 2011, but with digital content, evolving learning ecosystems and data analytics, this is a reality for leading enterprises. Learning leaders are leveraging various learning solutions to achieve these business objectives. >> 86% are focusing on enterprise-wide learning; 61% across multiple locations and 30% multi-nationally. >> 43% use virtual learning; 22% plan to purchase solutions within the next 12 months >> 36% use social networking, 15% plan to purchase >> 32% use mobile learning; 28% plan to purchase >> 21% use MOOCs; 9% plan to purchase >> 16% use gamifcation; 21% plan to purchase >> 12% personalize learning; 14% plan to purchase Top Business Drivers for Learning Investments — Source: 2015 E-learning User Study at IoT's True Value to Business May Go 'Beyond the Hype' A new McKinsey Global Institute report, "The Internet of Things: Map- ping the Value Beyond the Hype," fnds that the hype may actually understate IoT's full potential — but that capturing it will require an understanding of where real value can be created and a successful effort to address a set of systems issues, including interoperability. According to McKinsey research, IoT has a total potential economic impact of $3.9 trillion to $11.1 trillion a year by 2025. MGI's Michael Chui believes that these factors will determine how successful businesses are at unlocking trillions of dollars in value dur- ing the next decade: >> Interoperability between IoT systems is critical. >> Currently, most IoT data are not even used for optimization and prediction, which provide the greatest value. >> Business-to-business applications will probably capture more value—nearly 70 percent of it—than consumer uses. >> IoT users (businesses, other organizations, and consumers) could capture 90 percent of the value that IoT applications generate. —Download the podcast and/or report: insights/business_technology/the_internet_of_things_the_value_of_ digitizing_the_physical_world?cid=other-eml-nsl-mip-mck-oth-1507 Personalization of learning is a top business driver, yet only 12% of learning leaders have solutions deployed. Te expected annual growth rate is 116%. —2015 E-learning User Study Improve employee engagement Boost leadership bench strength (succession, high potentials) Increase collaborative learning (informal, blended) Personalize learning (adaptive, predictive) Improve collaboration across enterprise Drive sales and profts Improve leadership skills Respond to competitive environment Faster time to market 19.03% 42.16% 56.72% 41.04% 45.90% 56.72% 54.48% 41.42% 65.67%

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