The E-learning Boom Is Here!

Companies across verticals are increasingly turning to e-learning to deliver custom-built solutions to meet their training requirements. With Wipro, Satyam, Accenture, Convergys, ING Vysya Bank taking a lead in this space and more joining the bandwagon, CXOtoday finds out if e-learning is fast becoming the preferred mode of content delivery.
According to IDC forecasts, the e-learning market, which was about $7 billion in 2004, is likely to witness an exponential growth and touch the $28 billion mark by 2008. The global market for corporate E-learning will grow nearly 30% compounded yearly over the next four years.