By Mike Hart
A major source of revenue for ERP software companies and their resellers is providing live training, both on site and via off site seminars. I believe that a significant portion of this revenue will erode in coming years because the economics favor video training over live instruction.
Live instruction has a low cost-benefit ratio. Not only are good trainers expensive, it’s the travel cost that eats you alive. It is rare for trainers to live in your locality or for seminars to be hosted in your city. To justify the travel cost, training sessions are stretched over several hours or days, which lessens their effectiveness because of information overload.
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