Various Costs of Operating an LMS
One time expense
License Purchase
Fee for customers purchasing a license to host LMS software on their own network.
Ongoing, usually annual
Technical Support
LMS supplier provides this. Get questions answered and issues resolved.
Ongoing, usually annual
Software Upgrades
Covers a span of time and provides you with the latest system upgrades.
Ongoing, usually annual
Cloud-based Subscription
Eliminates server, personnel, connectivity, and infrastructure support/repair costs.
One time expense
Customization
Not all projects need custom enhancements. May need to be re-applied later.
Initial and periodic
Professional Services
Could include course building, system administration, report generation, others.