The average reader can view only the introductory page and PDF executive summary, but that's still enough to make an interesting (if quick) read. Major trends: the adoption of payment-based e-learning systems, the growth of e-learning providers into significant businesses, and the entry of established companies, such as IBM, McGraw-Hill, PricewaterhouseCoopers, Raytheon and Oracle, into the field. A word of caution: if you look at the venture capital figures at the bottom, you'll see that investments in even traditional corporate learning have tripled. I take this as a sign that the market is becoming saturated. This is the same pattern we saw in e-commerce a year and a half ago. Not all of these companies are going to make money, certainly not enough to justify the billion dollar investments being made today. Expect to see some business failures, layoffs, acquisitions and the usual upheaval. By Yegin Chen, Eduventures, June 18, 2001.
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