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GeoMetrix customers have lowest annual operating cost - Bersin 2009 LMS Report

Victoria, BC, Canada; April 16, 2009: GeoMetrix got top marks in 10 categories in Bersin's Learning Management Systems 2009 and is recognized for having the lowest operating cost of any LMS vendor.

Learning Management Systems 2009: Facts, Practical Analysis, Trends and Provider Profiles, published April 14, 2009 by Bersin & Associates, contains a detailed review of the learning management systems (LMS) market, including a discussion of market trends and profiles of the top providers.

The reports notes, "GeoMetrix, one of the most established companies in the LMS Market, prides itself on its easy-to-use and easy-to-upgrade solution. The company has a large set of customers focusing on training management and e-learning."

GeoMetrix received the highest marks available for the following capabilities:
* System Administration
* ILT and Events
* VILT
* Enrollments and Registration
* Security and Permissions
* User Management
* Search
* Reporting and Analytics
* Communications and Notifications
* E-commerce and Financial Functionality

TrainingPartner also scored high in a dozen other categories. GeoMetrix was also well positioned in the 'Ability to Scale X Number of Customers' and the 'Ability to Scale X Current Product Feature Set' market maps.  

The report states that, "The company focuses on providing a customizable, feature rich solution to budget conscious LMS buyers. Customers of GeoMetrix have the lowest annual operating cost of any vendor due to a combination of reasonable licensing, customization and implementation fees."

"We're always pleased to be recognized by an industry expert for our product's functionality, but we are especially pleased when we're also recognized for our low cost of ownership," said GeoMetrix President, Justin Hearn. "Our goal has always been to provide a cost-effective solution that provides features relevant to our customers' needs. In the current economy, that is more important than ever."

About Learning Management Systems 2009
Learning Management Systems 2009: Facts, Practical Analysis, Trends and Provider Profiles published April 14, 2009 by Bersin & Associates. The 345-page study report is based on detailed briefings and product demonstrations provided by LMS vendors and an extensive quantitative survey of more than 525 LMS customers representing a broad cross-section of industries. Learning Management Systems 2009 discusses LMS market drivers, growth and requirements by segment, buyer needs, strategies for system selection, and research on implementation best practices.  It also includes in-depth profiles and feature-by-feature evaluations of the top 30 solution providers.   The study also includes discussion on implementation models and challenges; outsourcing options; developing and communicating a business case; and purchasing options for small business, mid-market, and departmental solutions. To help organizations navigate the complex market for learning management solutions and identify the short list of providers, the study also includes Market Maps® which depict relevant differences among providers.  In addition, product capability charts provide a framework for evaluation against a standard set of criteria. Bersin & Associates began studying the LMS market in 2003; this is the company’s fifth published study on the LMS market.  Learning Management Systems 2009: Facts, Practical Analysis, Trends and Provider Profiles is available at no cost to all Bersin & Associates research members. Non-members can purchase the study for $995 at click here

To download a PDF of this release click here

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