Learning Experience Platform Features That You Should Know About
The learning experience platform has found its niche in the global learning system market.Â
It won’t be hypothetical to say that LXP has started challenging other forms of digital training approaches. Today, the LXP market is valued at $500 million and is projected to grow at a rate of 50%, proving this fact.
Let’s now get to the most important bit of LXP, starting with the definition of an LXP…
Learning Experience Platform Features: A Powerful Learning Advantage
- Learning Experience Platforms (LXP) is a modern training/learning platform that provides personalized learning experiences for users based on their interests and needs.Â
- They leverage digital technologies to prioritize engagement and collaboration with learning materials and peers, and users can add insights, suggestions, or comments on user-generated content.Â
- Key benefits include personalized training recommendations, skill development, learning anytime, anywhere, and from any device, employee training, and social interactivity.
What is a Learning Experience Platform (LXP)?
Learning Experience Platform (LXP) is a modern training/learning platform that delivers personalized learning experiences for users based on their interests and needs.Â
An LXP pulls content resources from internal or external sources to provide users with custom learning recommendations based on what they want to learn in a holistic learning environment. LXPs offers a highly customizable learner-focused approach that helps learners interact with the platform more personally. LXPs leverage innovative digital technologies to prioritize engagement and collaboration with the learning materials and peers. Users can add insights, suggestions, or comments on user-generated content to make learning more interactive and fruitful.
An LXP might sound close to a learning management system (LMS). While the two share a few similarities, there are key differences that differentiate the two. Hence, it is vital to understand the different perspectives they have.
With an LMS, administrators define the curriculum and control the entire training/learning process. However, in an LXP, the learner/user fully controls the learning process.
The global LXP market size was valued at USD 810.36 million in 2021 and is expected to expand at 32.71% during the forecast period, reaching USD 44427.35 million by 2027.
Key Advantages of Learning Experience Platform Features
Technology-enabled learning solutions have brought distinct benefits to companies. If you are looking for ways to deliver better employee training through personalized and digitized learning content, then LXP is the optimal choice.
Here are some benefits that LXP offers for improving a company’s employee training:
1. Provide Personalized Training Recommendations:
An LXP can provide personalized course recommendations without admins having to assign courses one after the other physically. It anticipates the learners’ interests and needs and tailors courses accordingly. An LXP offers learners the most relevant courses and learning methods, considering aspects such as their job profile, skills, preferences, previous learning history, and time spent on previous courses. This is not just a massive time-saver for organizations but promotes continuous learning by providing training that best suits employees and helping them learn new skills quickly and efficiently.
2. Focus on Skill Development:
An LXP records the employees’ learning/training history and is linked to the skills and job roles within an organization. Upon completion of courses by employees, the LXP gives an overview of the skills and knowledge possessed by the employees. This ensures that organizational goals are aligned with the employees’ learning goals. LXP provides a smarter learning approach to ameliorate employee performance.
3. Learning Anytime, Anywhere, and From Any Device
New-age working patterns are about office-based, home-based, and hybrid work models. The best LXP comes with mobile learning apps that employees can access anytime, anywhere, and at their convenience. They can attend their courses during the office, or after office hours, during weekends, without interruptions. Employees can easily access the app and get started with their learning in an instant. This promotes higher employee satisfaction and productivity.
4. Targeted Investment in Employee Training
Want to conduct training for your employees multiple times? Don’t worry about the cost or the effort. A top LXP platform can support accessing learning materials numerous times with no limit to consumption. The reports generated by LXP give you insightful business data on every aspect of training and learning- course attendance, progress, completion, and learners’ performance.
5. Social Interactivity
Social interaction plays a vital role in learning. LXP allows employees to interact with their peers or experts in the courses they are involved in. Users can connect and collaborate to exchange insights, thoughts, and suggestions to make learning more interesting and effective. LXP also promotes employee engagement, social interactions, and team building.Â
How Skill Lake’s Learning Experience Platform Features Empower Corporate Learning?
Skill Lake LXP goes beyond a traditional learning management system by providing employees with personalized learning based on their learning needs and skills. Skill Lake offers various features that help increase employee satisfaction and a sense of engagement, such as mobile learning, personalized learning, virtual mentoring, and gamification. Skill Lake assures a truly engaging and highly impacting learning experience for employees and organizations alike.
Skill Lake has much to offer that can redefine the training standards of a modern company like yours.Â
- Competency Mapping
- People Accountability
- Dual LearningÂ
- Intuitive Dashboards
- Business Growth Acceleration
- Social and Collaborative Learning
- Multiple Learning Delivery Options
Skill Lake is the best choice for you if you are looking for an LXP platform that provides control to both learners and admins. Explore Skill Lake and its exclusive features by reaching out to our experts or watching a quick 30-minute demo.
Build a culture of continuous learning with Skill Lake’s state-of-the-art people development platform. Give your employees professional training to help them excel in their job roles and propel your business to greater efficiency and success.
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Aarathy Jayakrishnan
Aarathy is an e-learning professional and enthusiast with a keen understanding of learning and development concepts. She writes insightful content, unraveling the possibilities that e-learning holds, and strives to make education open for all.