TAMPA, Fla., Dec. 30 /PRNewswire/ -- Demand for online courses will almost
double in 2005, as professionals and companies realize e-learning's distinct
advantages, according to officials at RedVector.com
( http://www.RedVector.com ), a Tampa-based company that offers online courses
to professionals involved in the design and construction industries.
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A recent survey of RedVector.com clients indicates professionals and
corporate leaders had different reasons for adopting online education:
professionals cited the variety and depth of course offerings while corporate
leaders cited cost savings and relevance of courses to business goals.
Recent research indicates the entire online professional education
industry may experience similar growth in 2005:
* Spending on online continuing education passed the $9 billion mark in
2003, according to IDC Research, and grew to between $12 and 14 billion in
2004, according to Bersin and Associates.
* IDC predicts a 30% increase in yearly e-learning spending worldwide
through 2008.
* The number of companies using online learning to train employees will
grow by 50% in 2005, according to Bersin and Associates.
Economics has been a driving force behind growth in online professional
education. With online courses, companies no longer have to pay travel and
hotel costs and employees can be more productive since they aren't spending
time traveling.
Growth in online learning is also driven by specialization in course
offerings. According to the Distance Education and Training Council, more
than 500 companies and organizations now offer online courses focusing on
specific industries and professions.
RedVector.com, for example, offers courses for professionals in
engineering, architecture, construction, interior design, land surveying,
building inspection, water and wastewater operations and landscape
architecture. In just a few years RedVector.com has attracted 40,000 customers
who can choose from 2,500 course titles authored by more than 100 exclusive
subject-matter experts.
"We expect demand for our online courses to almost double in 2005," says
Lisa Maier, Senior Vice President Marketing for RedVector. "A recent survey
of our clients indicates they're using RedVector.com because of convenience,
time savings, cost savings and the variety of courses we offer. And they are
highly satisfied with their online learning experiences, which is a real
recipe for high growth."
About RedVector.com
RedVector.com is dedicated to helping professionals achieve their goals,
advance their careers and enrich their lives through education. For more
information, log on to http://www.RedVector.com or call 866-546-1212.
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