LMS software Pricing : How Much Does an LMS Cost ?
LMS solutions may vary in their price. Some vendors offer on-premise software, here
the client on need to consider about the purchase of upfront equipment and
software. However, other vendors offer Software-as-a-Service (SaaS) solutions,
or cloud-based deployment, so that the client have to purchase hosting services
under a subscription plan.
Open-source LMS solutions are also
available in the market, which can be attractive for a company because they’re
free and customizable. But, they are not that much effective and can be
complicated as there is no support when something go
wrong.
The LMS pricing structures are:
- Pay per Learner : It is important in SaaS solution. The client should pay for the solution based on the number of users or learners actively joining in training per month. This will be an initial or start-up fee.
- Pay per Use : This allows the client to pay for the features or modules they really need. This will be discussed by the vendor and client, and it can be agreed in the pre-implementation phase.
- Pay per Course : This plan is specially for industries with employees who need to renew their certifications or adhere to regulatory compliance. The price can be based on access to a vendor’s internal data of training content.
- Pay for Licensing : It is mainly for clients that prefer to have their IT staff host and maintain their data. The vendor typically charges an annual support fee.
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