Technavio's latest report on the global
library management system (LMS) for the education market provides
an analysis of the most important trends expected to impact the market
outlook from 2017-2021. Technavio
defines an emerging trend as a factor that has the potential to
significantly impact the market and contribute to its growth or decline.
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Technavio has published a new report on the global LMS for education market from 2017-2021. (Graphic: Business Wire)
Educational libraries comprise different data sources such as journals,
e-books, records, magazines, and other publications. In addition to
managing these content resources, as a part of the library management
task, there are several other resource planning activities that are
prompting educational institutions to switch to automated LMS.
Jhansi Mary, a lead analyst from Technavio, specializing in research on education
technology sector, says, "The availability and advances in
technologies, such as Java, Net, ASP, SQL, and web services, and the
existence of the cloud platform enable the software to function
effectively. This is facilitating the increased implementation of LMS in
educational institutions. As a result, the fragmented market is
attracting several vendors that can differentiate themselves from others
in terms of product features, user capacity, and cloud deployment
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The top three emerging trends driving the global LMS
for the education market according to Technavio research
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Blockchain technology for library management
The technology enables distributed library resource management
activities. Library books and other resources can be borrowed, reserved,
and can be requested from any participant library using modernized
procedures. By leveraging this technology, users will be able to lend
and exchange library books with other registered patrons without having
to visit the library.
"The LMS software should be compatible with the blockchain layer to
work seamlessly in combination with the existing system. This
facilitates a decentralized lending system across libraries, which
allows a person X from library A to exchange or borrow a book from
person Y of library B without having to know their individual identities
of who they are," according to Jhansi.
Implication of library intelligence and analytics
Analyzing library operations and obtaining insights are also gaining
prominence. Library activity recordings and monitoring of library
processes, borrowings, user credentials, cataloging, and fulfillment
help the library management to gain insights and make decisions to
improve the effectiveness of library.
The changing needs of borrowers can also be tracked and acted upon
instantly. This is to be in line with their demands and preferences. It
also facilitates better user engagement by rendering interactive online
experience, service marketing, and providing access to the digital
library and their traditional resources.
Emergence of next-generation integrated library system
An integrated LMS offers several consolidated patron services. These
services include rendering secured access by authenticating and
streamlining resource discovery with flexible configurations, which
facilitates coordination among libraries, patrons, and other library
The integrated library system (ILS) follow an agile development
methodology, which considers user inputs and streamlines delivery model
that is student-centric. The library solution can also be customized by
an organization or individual institution.
The key vendors are as follows:
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