How to Choose an LMS: A 4-Step Guide and tips
Naturally, choosing an LMS is not a process to be taken lightheartedly. LMS will become the living heart of your educational software ecosystem, as it has to be integrated with SIS, CMS, your learning management software, payments processing, etc. Below is a 4-Step Guide you should follow when selecting an LMS for K-12 schools, higher schools, or colleges. Have a brainstorm with your staff and discuss all the problems in the educational process you currently face, and why choosing an LMS should help you solve them. For example, the lack of a centralized course progress dashboard makes tracking topic progress across several groups of students difficult. Be prepared that you will come up with quite an impressive list of challenges and that none of the LMS software selection at your disposal will cover all of them. We will discuss the ways to overcome this below. Analyze the list of challenges you came up with and define the LMS features required to solve them. Once again, be prepared that you might face challenges not covered by any LMS vendor selection. Covering 80% of your requests should be a sufficient degree for starters. Following this logic, you should later be able to shortlist and choose an LMS that will provide the most advantages for students and teachers. Now that you know the challenges you face and understand the LMS features that can help solve those challenges, explore the market and look for software that offers the most complete match of features for your needs. Most importantly, it’s time to think of pricing, as it might be better to get by without some shiny stuff if it saves you 50% of costs. How to choose an LMS correctly then? Start with the core features at the minimum price and compare how adding more features affects pricing. You will quickly learn that many LMS vendors market costly coatings as absolute must-haves. Armed with this knowledge, you will be able to finally shortlist several LMS systems that match your needs best. How to choose the right LMS for your educational institution? Pricing should be the key concern. If the cloud-based LMS vendor charges per user and you have about 1,000 students — wouldn’t the annual price be comparable to buying an off-the-shelve LMS platform and not paying huge monthly subscription fees? However, running an on-prem LMS will incur additional infrastructure maintenance expenses. Even more importantly, on-prem LMS platforms are rarely capable of seamless API integration with a wide range of third-party software your educational institution might already be using. Thus, when choosing an LMS consider the ease of integration with your current toolkit, the long-term CAPEX and OPEX, and the degree of meeting your expectations. We’ve mentioned various LMS software types several times already, so it’s time to take a closer look at them. There are 4 main types of LMS systems around: Let’s now take a look at the most popular brands of various types of LMS you might consider for your K-12 school, higher education institution, or college. While there definitely is a wide market for such software, several vendors stand out as the most widespread LMS platforms that meet the most needs of elementary and K-12 schools: Depicting each of them in detail is outside the scope of this article, but you will definitely be able to google them up, read reviews, compare their feature lists and pricing models and see what fits your demands best. There is no need to explain how much the educational process in universities and colleges differs from one in K-12 schools. Differences in curriculum, new types of tasks, possibilities for edutainment, ML and Big Data usage, the need to integrate with a much wider range of tools, and many more specifics and requirements make university LMS systems stand out from the crowd: Once again, depicting the pros and cons of each of them is not needed here, you can look them up and see if any o these LMS solutions meets your needs. It’s time to explore the must-have features of your future learning platform to choose the best LMS. Keep in mind that different systems will have different names for them, and their implementation logic might differ. The key LMS features list: While some of these might look like basic features of any LMS, you might be surprised at how many vendors place them behind the paywall. Naturally, the full scope of must-have LMS features will depend on your unique project requirements. LMS platforms for schools should enable collaboration between school staff, pupils, their parents, and should provide a possibility of access for guests (external auditors, etc.). Therefore, content creation and import/export capabilities, course progress tracking, parental involvement, quizzes and surveys are the cornerstones of LMS usability for schools. On the other hand, not all university students have the same background. Some of them might have prior experience with the topic, which means they should not waste time waiting while the rest of the group catches up. Therefore, personalized learning paths with ML and AI, Big Data analysis to assess the course performance, SCORM, xAPI, LTI compliance to ensure course content interoperability and accessibility from other platforms make important LMS features for universities. Read also: Benefits of Multi-Tenant LMS How to choose an LMS by pricing models? The most popular are as follows: Please note that LMS costs listed on most vendor websites omit the cost of implementation. However, both your staff and students will face a learning curve when adopting and mastering the new LMS system. When you create the LMS cost comparison table of the systems you shortlisted, add 10-15% on implementation expenses. This can be up to $7,000 for cloud-based LMS solutions and up to $25,000 for on-premise LMS platforms. Also, keep in mind that your staff and learners will expect cross-platform functionality from your future LMS to enable them to access the software from desktop and mobile devices. Yes, learning management systems that don’t offer mobile apps or a mobile-friendly experience cost less. But they might ultimately fail as a cohesive and all-encompassing LMS for K 12 schools, colleges and higher education. Thus said, when you choose the right LMS final price comparison values will greatly depend on several factors: Sadly, no definitive LMS pricing comparison can be proposed with such a variety of factors implementing the final estimates. You will have to calculate the LMS price for your organization yourself or you can ask us for help. While doing this by yourself, you might conclude that investing in a purpose-built product specifically developed to meet your needs can be much more cost-efficient than trying to adopt an overly-complicated system where you will barely use most of the functions. While Academy Smart might seem biased on this point, we actually speak based on our rich LMS development expertise, portfolio of successful products built for organizations of varying scope, and deep understanding of eLearning industry specifics. Thus said — in the majority of cases, custom LMS development turns out to be much more cost- and effort-effective, as compared to buying an off-the-shelf platform and trying to adjust it to your needs (or rather, to adjust your educational process to the platform). We will list the benefits of custom LMS development in the next section, but the key advantages are as follows: However, it’s important to keep 2 aspects in mind when choosing an LMS: As you can see, with certain preparation and understanding, you can mitigate the risks and reap the benefits of custom LMS development. Let’s talk about these in more details now. Most LMS platforms are ready-made products — you can use them as soon as you buy and launch them. However, this quite often means their functionality is basic, and any customization requires time and additional expenses. In addition, not all LMS solutions are SCORM-compliant by default. Here is how custom LMS development from AcademySmart is different. As you can see, these benefits are quite significant and are definitely worth considering. Most importantly, should you decide you don’t need vendor support — you can totally manage running the system using internal resources. Keep in mind the system will need updates from time to time still. Read also: How to create a user-friendly LMS This guide shows all the steps of choosing the best LMS for your educational organization. From analyzing the current situation and gathering requirements, through explaining the differences and hidden costs in LMS pricing models, to showing must-have LMS features and benefits of custom LMS development — we help ensure you get the best return on your investment and the best outcome for your educational process. Should you have any questions or concerns — contact Academy Smart and we will be glad to answer them. Should you want to build a custom LMS for your needs — book a call and let’s talk business! Ready-made platforms are cheaper, but custom LMS have more benefits.How to choose an LMS for educational institutions in 4 steps
Step 1 – Set your goals and objectives
Step 2 – Define LMS platform features
Step 3 – Explore the market and compare the pricing
Step 4 – Choose your LMS platform type and vendor
Types of educational LMS platforms
Choosing an LMS for educational organizations: popular brands
Most popular LMS for elementary and K12 schools
Most popular LMS for universities
Must-have academic LMS features
Key features of an LMS for schools
Key features of an LMS for universities
LMS pricing comparison guide
How much does an LMS cost?
When to choose custom LMS development?
Custom LMS development advantages and disadvantages
Our custom LMS development services benefits for schools and universities
Benefits of choosing our custom LMS development
Conclusions
How to Choose an LMS: Frequently Asked Questions
What steps of choosing right LMS?
Which LMS is better?