According to the US Distance Learning Industry, distance learning revenue was $425.6 million in 1994 (Frost & Sullivan). By 2003, annual revenue was $4.5 billion, an over tenfold increase in less than a decade. What is more, that figure is expected to reach $11 billion by 2009!
At the heart of WECTAC's program is the company's copyrighted Tran-needc platform. This platform allows the presenter/instructor to deliver both "live" and "on-demand" interactive sessions to a large number of participants, regardless of their locations. The system is comprised of several completely integrated modules (Administrator, Instructor, Participant) that allow both complete control and unhindered access.
Tremendous Benefits: From corporations to educational institutions to individuals, the advantages of WECTAC's program are many and varied. Corporations can eliminate expensive training locations and reduce travel and expenses. Educational institutions can reach students well beyond the borders of their campuses and drastically reduce costs. Individuals can retain scheduling flexibility and save on tuition and expenses.
Latest Technology: Largely a result of the remarkable profligation of the Internet, e-learning began to take shape in the mid 1990s but lacked significant interactivity. With the latest developments in broadband access, instant messaging, and satellite data transmission, distance learning students can now actively participate in real time with live instructors in a virtual classroom environment.
Widespread Acceptance: Distance learning is now a serious option for virtually all types of education at every level. Harvard University offers distance learning options, and accredited universities offer everything from B.A. to PhD programs. Some estimate that as much as half of all traditional campus programs are now available online.
Wide E-Convergence Technologies Americas Corporation (WECTAC) (www.wectac.com) provides a powerful platform and consulting services for Interactive Distant Learning (IDL). WECTAC works with corporate and institutional organizations to develop creative solutions for complex, multi-site locations. WECTAC's full range of software and services enable organizations and institutions to meet their e-learning needs, reduce travel expenses, offers customized just-in-time education programs, product launch programs, engage in real-time training and testing across many concurrent locations, and a more effective communication strategy. WECTAC's services are provided within their IDL, a Learning Management System platform to better equip clients to make informed e-learning decisions. Through the integration of a proven technology platform, WECTAC effects a positive change in the e-learning environment while directly reducing training and travel budgets. Additionally, clients are able to customize their training and testing programs, promoting efficiency in delivery and organizational success.