E-learning against the odds

(Last Updated On: October 14, 2002)

MANY people are embarking on e-learning not because they see the need or understand its benefits, but because they are being told to do so.

This is due to the hype that surrounds this phenomenon of learning over the Internet using learning management tools, as opposed to distance learning.

E-learning enterprise training alone is expected to be one of the fastest growing markets on the Internet over the next few years.

According to a Red Herring report, the corporate e-learning market is expected to reach US$23 billion by 2005. While the NASDAQ lost 37% of its value in 2000, a WR Hambrecht + Co E-Learning Index declined by only 4.5% during the same period.