In a recent article by Howard Schechter, eLearning consultant for eLearn Magazine, Mr. Schechter details the cost of implementing the traditional learning management systems. Here is what he says:
“A typical first-year budget may be in the $100,000-$200,000 range for a Fortune 1000 company, while a small business or divisional learning initiative may spend $30,000–$50,000. Smaller learning initiatives cost less because there are fewer concerns, such as tying it in with CRM software."