Time-Compression Technologies Magazine Archive 2002 (and backfills for previous years)
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Author John Connolly
Source Time Compression Technologies. v7 n2 March 2002, pp 36-9
Abstract With the world of rapid technology in the throes of constant change, those in business are challenged with giving cost-effective and real-time information to their employees and because of this, many in the corporate sector are embracing the online education - or e-learning - revolution. America has become quite a fertile and lucrative ground for companies offering this type of support, representing 65 percent of the world's e-learning market and $2 billion annually. Industry scribes forecast that by 2003, e-learning in this country will be a $12 billion market. Several software companies recently found that by using e-learning to give their sales force bits of information on new software development, they were able to cut six weeks off the time it took to get their products marketed. Users can proceed through a training program at their own pace and their own place with access to training at any time and only as much as they need. If changes need to be made in the program after the original imple mentation, they can be made on the server, and every employee worldwide can have access and update. There are no travel costs for bringing remote employees to a centralized workshop. The actual time required for training by the computer averages 50 percent that of instructor-led training, lowering costs even further. XX
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