A Learning Management System (LMS) is a software intended for use in educational institutions. Usually web based so users get access from any place any time. It's purpose is to ease the learning process and make information flow quicker.
There are different types of licences for these softwares - open source and commercial. The benefit of open source is that you can install it for free and adjust it for your needs, but there are expenses to maintain it as you need your own servers and IT specialists.
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