Elearning - April/May 2008 - (Page 15)

Explosive Growth for Digital Universe For the first time, the “digital shadow” — the amount of digital information being generated about people — surpasses the amount they create themselves. And the “digital universe” is bigger than estimated due to the explosion of digital cameras, digital television sets, surveillance cameras and social networks. This information comes our way via a study conducted by the International Data Corp. (IDC) for EMC Corp. The “digital universe” in 2007 was equal to almost 45 gigabytes of digital information for every person on Earth — the equivalent of more than 17 billion 8-gigabyte iPhones. Other fast-growing corners of the digital universe include those related to Internet access in emerging countries, sensor-based applications, data centers supporting “cloud computing,” and social networks composed of digital content created by millions of online users. “The Diverse and Exploding Digital Universe: An Updated Forecast of Worldwide Information Growth Through 2011” is a new whitepaper that indicates: >> At 281 billion gigabytes (281 exabytes), the digital universe in 2007 was 10 percent bigger than originally estimated. >> With a compound annual growth rate of almost 60 percent, the digital universe is growing faster and is projected to be nearly 1.8 zettabytes (1,800 exabytes) in 2011, a 10-fold increase over the next five years. >> The information explosion — in raw gigabytes — is predominately visual: images, camcorder clips, digital TV signals and surveillance streams. >> Approximately 70 percent of the digital universe is created by individuals, yet enterprises are responsible for the security, privacy, reliability and compliance of 85 percent. >> Thanks to VoIP, sensors and RFID, the number of electronic information “containers” is growing 50 percent faster than the number of gigabytes. The information created in 2011 will be contained in more than 20 quadrillion (20 million billion) of such containers. >> “E-waste” is accumulating at more than 1 billion units a year — mobile phones, personal digital electronics and PCs. Spurred by the switch to digital TV, the waste pile will double by 2011. For more information, visit the Website www.emc.com/. Web Seminar Series Join us for these engaging on-demand and live learning sessions: On-Demand: >> Best Practices in Customer & Sales Training >> Compliance in a Regulated World >> Leadership Development via Elearning Live Sessions: >> Beyond the Checked Box: Compliance Training in Banking >> Increasing Learner Performance Through Interactivity >> Virtual Classroom 101 Don’t miss another valuable learning experience. Hear professionals from Alcatel, CA, Scottrade, Caterpillar, Bersin & Associates and many others. Companies Spend $1,202 Per Learner Although management represents a small percentage of the corporate workforce, it gets the lion’s share of the corporate training budget, according to Bersin & Associates’ justpublished 2008 Corporate Learning Factbook. Approximately 21 percent of training program dollars is spent on leadership development and management/supervisory training. “Corporations are investing heavily in current and up-and-coming leaders,” says Josh Bersin, president of Bersin & Associates. “Looming retirements, gaps in management talent and economic pressures are causing companies to funnel dollars into their leadership pipelines.” Bersin’s 77-page factbook analyzes a wide range of metrics. Some findings: >> The corporate learning market increased from $55.8 billion in 2006 to $58.5 billion in 2007. >> The average spending per learner is $1,202. The highest spending sector is finance and insurance ($1,061 per learner), and the lowest is retail ($594 per learner). >> The use of self-study e-learning now accounts for 20% of student hours, up from last year’s figure of 15%. This growth is driven largely by an increase in online training among small organizations (100-999 employees), which are acquiring the skills and technology to make online training a reality. >> There has been a sharp increase in new Web-based and collaborative learning resources such as podcasts, communities of practice, blogs and wikis. >> 38% of organizations use a learning management system (LMS), with the highest growth in usage among mid-market buyers. Over half of all companies are using a virtual classroom tool, and between 20% and 30% use application simulation and rapid e-learning tools. The 2008 Corporate Learning Factbook is available at no cost to Bersin & Associates research members. Copies can also be purchased for $595. For more information, including a table of contents, visit the Website www.bersin.com/factbook. Register Now! Sign up for the complimentary Elearning! Web Seminar Series at: http://www.elearning.b2bmediaco.com/ webseminars.php Sponsored by: Elearning! April / May 2008 15 http://www.elearning.b2bmediaco.com/webseminars.php http://www.emc.com/ http://www.elearning.b2bmediaco.com/webseminars.php http://www.elearning.b2bmediaco.com/webseminars.php http://www.bersin.com/factbook

Table of Contents Feed for the Digital Edition of Elearning - April/May 2008

Elearning - April/May 2008 Editor's Note Contents News Targeting Africa Locating Courseware People in the News Upcoming Events Deals Trendlines Web Services Building a Learning Culture Measuring the Learning Experience Making Learning Fun and Social LMS's 2008: What You Need To Know Learning Leader: CA Case Study: AVI Case Study: IBM Case Study: QualComm WBS Case Study: National Center for State Courts Case Study: Grundfos Pumps Case Study: Virginia Tech Pop Quiz Last Word

Elearning - April/May 2008

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