Edupass – (Schoology | Moodle | LMS)

We have a school analysis and LMS tool built to curate teachers and students onto one platform. Its a learning management system. since you are here let us give you a bit more detail on the system as well as with some examples with Schoology and Moodle app.

What is the cost of an LMS? An Overview of pricing structure

As online learning becomes mainstream, it is essential to choose a Learning Management System (LMS) tailored to your institution’s mission and goals. If you are thinking of offering self-hosted online courses, you may have come across several options available to you about learning management systems. The decision to switch to a Learning Management System is easy, but the hard part comes when choosing an LMS. Many factors have to be considered like LMS costing includes set up fees, maintenance expenses, licensing fees and other additional costs and the LMS pricing model is always a serious consideration. Budgets vary, and suppliers can surprise you, so take a look at the full range of options available.

There are essentially 3 different costs involved:

  1. Implementation (Needs Analysis to Design and Development)
  2. Infrastructure
  3. Ongoing [Support & Enhancements]

For #1, it is important that there is some homework done on building your requirements, that is derived from your unique needs or challenges, that stand out for the uniqueness of what you are going to build. Arrive at a point where all the stakeholders have got a common understanding (at least 80%) of the envisioned product. Ideally, at this point of time it makes sense to go for evaluating the options available, taking into consideration the technical and the cost factors, and your TCO and RoI. Is it good to go with a cloud based option? Or, is it good to with a proprietary LMS with user-based Licensing? Or, is it a better option to pick an OpenSource platform and build from there?

Different options come with different time and cost considerations. A cloud based LMS is ready for action in almost no time but typically higher costs. It is a good choice if you want to keep it simple – pay that cost and live with what it offers, and turn to your equations on how to justify the cost, or make profit out of it – depending on the case. Similar is the case with on-premise proprietary LMS. The customizations in both cases are, in general, restricted or costlier. BUT if you want to avoid the additional burden of managing a product of your own, by yourself or by partnering with a Service Providers, these are good choices. On the other hand, trying to build something from an OpenSource platform, comes with a different time & cost matrix – the first version of the product may take slightly more time and the cost (because of the development costs involved), but it offers you a greater flexibility (technical and cost sides) and freedom to build something that fits your requirements precisely – through strategic and tactical approaches. Yes, it needs time investments from your side in defining what you want, working with internal stakeholders or the services providers or both as appropriate.

A common misunderstanding with respect to OpenSource platforms is that it costs nothing, or almost nothing. Yes, and No. Yes, if you want to use the platform as-is, and No if you want to use the platform as a base and build your own product out of it. This is where the skills of your own team or a service provider comes into picture, and this is where the cost is involved. Getting in all the raw materials and putting them all in once place cannot get the house ready. It takes Engineering and Construction skills to get the house ready.

For #2 (Infrastructure), it is about answering the question – “How well your infrastructure is designed to be highly-available and at the same time cost-effective?”. If the usage (load) is more or less the same all the times, it is about optimizing for this defined load. What makes the things more interesting (and sometimes challenging) is designing and deploying your infrastructure to varying load scenarios in a way to optimize the cost without impairing availability and good user experience. This needs study and analysis of various factors involved – number of peak users or concurrent users is just one factor. Who would like to pay extra cost for the infrastructure when it is not required? Who would like to compromise on the availability and user experience in trying to optimize the cost?

About#3 (Ongoing), Every product has a journey. If you take any popular eCommerce website or an eLearning website, it has got a journey. Your first version is just a “Getting Started” phase. If you understand this, you have already learnt that “Ongoing” cost is entirely a different type of cost from “Implementation /Getting Started” cost. BUT, no business would like to invest in Ongoing Cost unless there is RoI being seen from the initial investments. The product needs Support to maintain its state, make it more stable, and it needs ongoing enhancements as identified as the Users are on to it. Without this ongoing cost, your product will become obsolete very soon BUT at the same time, this cost has to be well justified – the equations may be different for different businesses.

The importance of LMS costing

Costs are also an essential factor in determining which LMS or systems can best meet an organization’s needs. For example, while some new LMS have little or no initial pricing costs and take up a large portion of the company’s time, more expensive LMS may find it harder to integrate seamlessly into your organization’s processes because of their higher pricing. The cost of LMS for your future needs and the price you are currently spending on implementing LMS will bring you to your answer.

Organizations in the LMS solution market should also consider other costs, such as subscription and license fees. If you need ad accounts for your online programs, these costs will be added to LMS’s cost. For example, if a virtual classroom costs $600, your LMS costing will be much higher than what is shown in this field. These expenses cover the total cost of a complete, full-fledged, cloud-based, or open-source LMS solution.

If in doubt, ask your LMS salesman if he will provide you with a list of the associated start-up costs – up to LMS – and their maturity. These answers will help you find out how much your Learning management system cost and provide a better understanding of your organization’s needs for a LMS. Before you do everything – fleetingly – remember that the best LMS should be able to work from the perspective of your organization and offer you good value for money.

Factors determining LMS cost

To get the best results, perform an LMS feature comparison, and evaluate each system’s cost to determine which options fit your budget and match your business goals. It would help if you also made some LMS feature comparisons with a specific price for each item for good results, which requires you to negotiate the final price.

Members of the LMS selection committee must also have a good understanding of the LMS Costing before making a final selection.

Your LMS pricing  will depend on many factors, such as the number of courses available, the quality of courses, and the availability of resources. Price based on a course’s consumption can be difficult for an LMS to track, so this may not be a viable option. LMS providers with transparent and easily accessible pricing model would greatly facilitate determining the costs of procurement and maintenance of the LMS.

Take the right LMS investment decision

Suppose the LMS does not fit into your budget or does not deliver significant savings in training costs. In that case, it may not be a viable investment for your organization, nor is it feasible as an investment in the organization. An LMS cost can change dramatically depending on the LMS pricing model, making it important for companies to plan their use carefully and evaluate different systems.

Some providers charge an annual fee for their LMS, regardless of how many people use it. Some offer an annual rate or charge annual fees, regardless of the interest rate. How many people: Some providers charge a weekly or monthly fee or a monthly or annual fee for the LMS without limiting the number of users.

LMS providers, many of whom do not charge fees in advance, may charge additional fees when integrating an LMS system into your current learning strategy. These additional costs can lead to higher fees and contribute to both the system’s overall cost and your overall learning experience.

LMS providers can calculate fixed costs based on the system’s total cost, such as a monthly or annual subscription fee. The fees charged by the LMS provider and the total costs depend on the LMS pricing model used by the LMS provider and the size of the company.

It is easy to see why developing your own LMS platform has the potential for unforeseen costs and why the vast majority of those who need an LMS solution choose a previously developed LMS platform. Frankly, it depends on the e-learning business and the LMS costing model that the LMS provider uses. Depending on who the provider is, common revenue pricing models may involve paying a percentage of course revenue to the LMS provider or paying the provider the number of registered users, courses, and the total duration of use of the LMS platform.

How much does it cost to develop a mobile app like the Schoology or moodle app?

 

For several years, traditional classrooms have been taking place in classrooms of schools, colleges, or universities. In recent years, the evolution of technology, particularly mobile phones has transformed the way of perceiving education for students. Still, many educational institutions had not adopted modern technologies for teaching the curriculum. But, the outbreak of COVID-19 has made them employ these advanced e-learning solutions. Virtual classrooms and eLearning solutions such as Schoology have aided students, teachers, and management to continue the process of education during such pandemic situations. This situation has offered a mandatory experience for everyone to know the process of e-learning when they are kept away for traditional classroom lectures.

E-learning:

Even before the outbreak of corona-virus, e-learning solutions had been aiding the students across the globe offering innovative learning experience. It acts as a comprehensive gear that combines expert humans for the creative learning process. As education encountered many hurdles like inaccessibility, lack of finance, quality, and other high demands, e-learning has come to the rescue. They have offered a great advantage by supporting to fight all the odds by providing affordable and easily accessible solutions. It was very evident during the stages of Corona-virus breakdowns where students were confined to the homes to stop the spread of the pandemic.

Schoology overview:

  • Schoology is a virtual learning environment and social networking service for K-12 school and higher education institutions which lets to develop, manage, and share academic content. The Schoology for PC was founded by Jeremy Friedman, Ryan Hwang, and Tim Trinidad while still undergraduates at Washington University in St. Louis, MO. It was initially developed with an intention for sharing notes and was released commercially in August 2009. This cloud-based Learning Management system (LMS) offers all modern tools to successfully carry-out online classroom activities. It aids teachers to communicate with students effectively by posting constant reminders, alerts, and manage assignment calendars.
  • Schoology is known to provide a combined learning experience and makes the traditional LMS for fun and effective. It offers a smooth learning platform to integrate easily with content management solutions. This simple and user-friendly solution enables users to share the training contents and other learning practices on a local and global stage. Owing to smooth integration and organized process of content creation and management, classroom management, etc, owners can invest less time on administrative tasks. The latest mobile app development for Schoology has made the features to reach remote corners of the globe with its usability and reach.

 

Benefits by using Schoology for teachers:

Dynamic tools:

The multipurpose platform lets teachers with robust content creation and management solutions, complete reports, a vast global community for sharing ideal resources and practices at free of cost.

Curriculum Management:

The managing curriculum will be an easy job with the app providing an excellent linked interface that is highly flexible. It follows an updated standard for content creation teachers will get a comprehensive overview of the content. This will finally lead to the fulfillment of all the student requirements and enhancing the results.

Global Learning Community:

There will be an easy connection to resources, advanced tools, and also individual experiences from local as well as global teachers at Schoology’s Global Learning Community. With Schoology, owners will be able to connect and gain knowledge from different sources across the globe.

Continuity:

Schoology will let the teachers take classes from any location and also students to connect from the comfort of their homes. It ensures that education is continued as desired without affecting the usual course from any other factors. Even students will be happier to receive their learning via an innovative source that is different from the regular classroom setting.

Online Data:

This app provides an automatically changing online performance-dependent system. This will be useful for teachers to access the data in the time of need and offer customized lessons for a more impactful education.

Collaborate and Improve:

Schoology’s Resource Centre and Groups lets the users collaborate with other teachers in a local-to-global setting. With a final aim to enhance the instructional ability, they are allowed to share individual experiences, updated methods, modern tools, and resources to aid each other.

Increase Engagement:

Schoology not only offers key classroom management skills from any location but also transforms the curriculum into a 1:1 activity. Students will be in constant touch with the teachers and management with an easy-to-use collaborative solution. The cost of investment is very minor when compared to the engagement and continuity offered by the app.

Build enthusiasm:

It will be a less burden on teachers as students will inculcate good levels of enthusiasm as they will be able to continue their education from the comfort of their homes. It was much evident during the times of the corona-virus pandemic where students were left with no other option.

How much does it cost to develop a mobile app like the Schoology app?

The overall cost for the development of a mobile app like Schoology is dependent on several factors like features, type of platforms, mobile app development company, etc. Every educational institution has its policies, characteristics and may want to include a specific type of Learning Management System solution. Hence it is key to analyze all the factors that are suitable to their approach, teachers, and students and also specific subjects they offer. Ask yourself some queries such as to help yourself in deciding the budget: Do you need a simple app or one with all modern features? What are the tools that are essential for your curriculum and approach?

 

Bottom-line:

The E-learning and mobile-learning sector has grown significantly especially after the outbreak of the Corona-virus pandemic. Even post-pandemic, as students return to a classroom setting, there will be no slowdown of this approach as all are aware of its benefits. But, for developing an effective app, it is crucial to choose a reliable mobile app development company in India who can guide you on the right channel at all stages.

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