Developing e-learnings within your own organization can require a significant investment. Online research shows that designing an online training typically costs around €10,500 (210 hours x €50 per hour, or the entrepreneur's own rate). These five phases include analyzing, designing, developing, implementing, and evaluating the training. Additionally, there are costs for professional video and audio recordings, which amount to approximately €3,000, and optional costs for editing texts by a virtual professional, depending on your needs. In total, the costs can rise to around €15,000, with a development time of 4 to 6 months.
Given this substantial investment, it’s understandable that many companies consider purchasing e-learnings externally. By using an LTI integration (Learning Tools Interoperability), external parties can deliver high-quality e-learnings that are directly integrated into your Learning Management System (LMS) without you having to develop the content yourself.
An LTI integration is a standard that allows learning resources such as e-learnings, hosted by external parties, to be directly integrated into your own LMS. This means that users have access to all training materials within a single platform without realizing that the content is being delivered from another system.
This not only provides convenience for the employee but also makes it easier for companies to quickly respond to changing learning needs. Instead of spending months developing your own content, you can simply utilize existing, professional e-learnings that are optimized for your sector.
Having e-learnings developed can be costly and time-consuming. By collaborating with external parties through an LTI integration, you can benefit from several advantages:
Not every LMS supports an LTI integration by default, but for those that do, this technology offers significant added value. It allows you to purchase the best e-learnings externally while maintaining a seamless user experience.
Would you like to know how an LTI integration can help your organization save costs and improve the quality of your e-learnings? Or would you like to offer your own e-learning through LTI? Read our article on the benefits of an LTI integration or schedule a demo with Linqur to explore the possibilities for your company.
Ralf is our dynamic growth hacker and marketing jack-of-all-trades. He is the driving force behind our marketing efforts and loves exploring new markets. Outside of work, you can often find him traveling or surfing, always on the lookout for the next adventure.