Digital Learning Management Corporation (OTCBB: DGTL)
Digital Learning Management Corporation (OTCBB: DGTL.) is a leading provider of e-Education learning solutions.
The Company offers an extensive suite of products and services tailored for a very broad set of markets including Corporate, Higher Education, Government and International.
DGTL is following a savvy business model with this product focus on the Corporate Training Industry.
The product eTrain(SM) is Digital Learning’s comprehensive “out-of-the-box” virtual learning solution, based on its acclaimed “Virtual University System”. The product allows companies to quickly and cost effectively create 100% web-based learning environments. The platform enables customers to develop, publish and deliver courseware for e-Learning, in addition to managing their traditional classroom-learning environment.
The potential market for this product is huge and growing! Corporate training is expected to top $730 million dollars spent in 2006.
According to the ASTD (American Society for Training & Development), US organizations are increasing their investments 16.4% in employee learning. Annual training expenditure per employee increased to $944, up from $820 last year. Formal training per employee increased from 26 hours to 32 hours. Training delivered via technology increased from 24% to 28%.
http://biz.yahoo.com/iw/060525/0131352.html
DGTL looks right on track with this product offering.
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