Four-Billion-Dollar E-Learning Industry Growing As Powerful Tool For Smaller Businesses
Electronic-learning, which is increasingly used as a productivity tool by small to medium-size businesses (SMBs), has become a $4 billion industry growing at 10-15 percent yearly, reported the Information Technology Solution Providers Alliance (ITSPA), a national, non-profit group that helps SMBs understand how technology and local technology providers can help them succeed.
E-learning involves a variety of technologies such as e-mails, Web-sites, CD-ROMs, DVDs, videoconferencing and "blogs" that supplement online classes.
For SMBs, e-learning eliminates costs associated with traditional training, which usually is conducted at off-site seminars that involve costly travel and lodging, as well as additional time away from the job
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