When Economy Slows, IT Training Increases
"It might sound counterintuitive, but as global economic growth slows, companies will be inclined to spend more on IT to cut costs from their bottom lines," said Michael Brenner, senior analyst for IDC's Corporate e-Learning and IT Education and Training Services research programs.
It is estimated  that e-learning will overtake classroom-based instructor-led training by 2004. According to IDC, the United States and Western Europe will account for nearly 80 percent of IT training.
"e-Learning removes barriers of time and makes it possible for end users to effectively learn when and where they otherwise could not," according to Cushing Anderson, program manager for IDC's Learning Services research.