[February 22, 2017] |
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Top 3 Trends Impacting the Soft Skills Training Market in Europe Through 2021: Technavio
Technavio's latest market research report on the soft
skills training market in Europe 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 soft skills training market in Europe from 2017-2021. (Photo: Business Wire)
Jhansi Mary, a lead analyst from Technavio, specializing in research on K12
and higher education sector says, "The soft skills training
market in Europe is expected to grow at a CAGR of more than 33%, driven
by factors such as the rise in digitization and implementation of
advanced technologies. These factors are exerting constant pressure on
vendors to update their training programs."
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The top three emerging market trends driving the soft
skills training market in Europe according to Technavio education
research analysts are:
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Training through social collaboration tools
-
Cloud-based m-learning
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Analytics in soft skills training practices
Training through social collaboration tools
A growing number of organizations are incorporating social
media platforms such as Facebook (News - Alert), Twitter, and LinkedIn into
their learning environments. Many large organizations are
adopting social learning tools such as internal employee blogs, wikis,
and online exert communities, as they are effective training tools.
Prominent organizations are encouraging their employees to use social
media as it provides the staff a chance to engage in active and
collaborative learning. Social learning helps them to create a network
of knowledgeable people across the world, which helps in making informed
decisions and solving complex problems. Using social collaboration tools
employees can easily share their accomplishments with their social
network colleagues.
Corporates are extensively relying on external data available in social
media, as most of the information shared by employees on these sites is
accurate and exhaustive when compared with the data stored in the
company HR systems. Employees are presenting their complete and updated
information on websites such as LinkedIn (News - Alert). The data provide crucial
insights to companies on how to design their leadership and talent
management policies.
"Various start-ups in the market are not only providing online
training course materials to companies but also capturing and providing
the external data of their employees. Companies such as Degreed, which
provides a platform for lifelong learning, also cater to employers by
collecting employee information from various social networking sites," says
Jhansi.
Cloud-based m-learning
Organizations worldwide are providing online training to their employees
who are in geographically diverse locations. With uninterrupted Internet
connectivity in mobile devices, m-learning helps learners connect
instantly to the required platform, thereby facilitating collaborative
learning. Companies use cloud computing to ensure seamless and easy
accessibility of stored data. Using cloud-based m-learning, employees
can access training materials stored in the cloud from their mobile
devices. This enables them to complete the training at their own pace
and based on their schedules.
Cloud-based m-learning is the best fit for training programs that
require minimal technical guidance. Technavio expects the concept of
cloud-based m-learning to gain considerable momentum in the future as it
supports bring your own device (BYOD).
Analytics in soft skills training practices
The implementation of various learning technologies and enterprise
resource planning software solutions among corporates has necessitated
the deployment of learning
analytics. Increasing competition and dynamic changes in
the global corporate sector are compelling organizations to adapt to
external changes. Adoption of online training methods in
workplaces produces a large amount of data about employee feedback,
types of courses undertaken, and difficulties faced in understanding the
training material. Organizations can extract and analyze this data with
the help of learning analytics tools. With the help of these tools,
organizations can determine the efficacy of e-learning courses.
This analysis can determine remedial actions about refining or modifying
courses.
The most important feature of analytical tools is that the progress of
learners can be tracked easily and their performance can be evaluated.
Consequently, helpful learning activities can be designed by learning
and development professionals depending on individual learning patterns.
Access to such data by human resource management systems (HRMS) will
help in designing better reward policies and compensation packages to
ensure employee retention.
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About Technavio
Technavio
is a leading global technology research and advisory company. The
company develops over 2000 pieces of research every year, covering more
than 500 technologies across 80 countries. Technavio has about 300
analysts globally who specialize in customized consulting and business
research assignments across the latest leading edge technologies.
Technavio analysts employ primary as well as secondary research
techniques to ascertain the size and vendor landscape in a range of
markets. Analysts obtain information using a combination of bottom-up
and top-down approaches, besides using in-house market modeling tools
and proprietary databases. They corroborate this data with the data
obtained from various market participants and stakeholders across the
value chain, including vendors, service providers, distributors,
re-sellers, and end-users.
If you are interested in more information, please contact our media team
at [email protected].
View source version on businesswire.com: http://www.businesswire.com/news/home/20170222005644/en/
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