This post is a bit late in getting to you (blame my camping vacation) but I certainly wouldn't want to pass it over entirely, as Phil Hill offers this good overview of the LMS market (I did link to one pot that summarized some aspects of this discussion). In particular, Blackboard's " picking up only a handful of new LMS clients, while they are losing hundreds of LMS clients per year." Today, "The market is more competitive, with more options, than it has been for years (but) it is also interesting in what is not being seen as a strategic blurring of lines – between LMS and student information systems."
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