There are many types of LMSs to suit different needs and budgets. Here are the most common ones to keep in mind:
Open-source LMSs
Open-source LMSs are free and customizable. The source code is available for users to adapt to their needs. Many contributors improve these systems and share updates with the community. This collaboration can lead to rapid development. However, open-source LMSs usually lack official support. Instead, users rely on online forums and email lists for help.
Commercial LMSs
Commercial LMSs are paid solutions. They often include advanced features, detailed documentation, and reliable support. These systems are usually stable, bug-free, and user-friendly. However, not all commercial LMSs are perfect, so reviews are essential before choosing one. Check out the features to ensure that everything you need is included.
Deployed LMSs
Deployed LMSs are installed on your premises and operate behind your firewall. A deployed solution (or Internal System) has higher upfront costs due to software and installation fees. You’ll also need an IT team to handle maintenance and resolve technical issues. Deployed systems give you full control but require ongoing effort to keep them running smoothly.
Hosted (SaaS) LMSs
Hosted LMSs, or Software as a Service (SaaS), run on external servers managed by the provider. These systems are easy to set up and don’t require in-house maintenance. The provider handles updates, backups, and support. Or they offer you a simple interface to schedule your own backups, for example. Hosted systems are typically ready to use immediately and involve fewer technical responsibilities. Meaning, providers are able to implement any updates and fixes remotely for you.
Before you choose, think about these:
Deployed systems may be costlier initially but could save money long-term.
Hosted systems have lower upfront costs, but might become more expensive over time.
Overall, consider your budget, resources, and future needs before deciding which type of LMS is right for you.