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Article: Bersin & Associates Research Shows SumTotal to be LMS Market Share Leader.
- Article from:
- Business Wire
- Article date:
- January 18, 2006
CopyrightCOPYRIGHT 2006 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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MOUNTAIN VIEW, Calif. -- SumTotal(TM) Systems, Inc. (Nasdaq:SUMT), the largest provider of learning and business performance technologies and services, announced that a recently released report from learning research firm Bersin & Associate shows SumTotal as the market share leader in total revenue, learning management system (LMS) license revenue and customer count. SumTotal's share of LMS market revenue, at 20 percent, is approximately 45 percent greater than the market's next leading vendor, and nearly 200 percent greater than the market's third-ranked vendor. As for LMS license revenue, SumTotal, with 16 percent of the market, is nearly 80 percent larger than its ...