Signal Note No. 01 · Learning management · September 2026

Two in three buyers run something you have never heard of. That is the market.

We called 1,096 people about the learning system they use. Two in three run something with no recognizable name on it, three in four can tell you exactly what it fails at, and the people responsible for it are almost never learning specialists.

A Signal Note on Learning Management cover

Free download

Get A Signal Note on Learning Management

One field. The guide opens as soon as you hit the button.

We don't sell or share your information. No newsletter unless you ask for one. Privacy Policy

1,096
Recorded conversations, none of them paid
63.7%
Run a system that is on no shortlist
74.3%
Named a high-priority thing it cannot do

You already know this moment.

Nobody owns learning management. Two in three buyers run a system that is not on anyone's shortlist, and three in four of them can name something it cannot do. That 74.3% unmet-need rate is the highest of any category we measure, against 65.6% in payroll and 50.0% in HRMS. The complaints are never about content: it is completion tracking, reporting, integration and getting employees to finish, and in 1,096 conversations nobody asked for a bigger course library. This is a Signal Note rather than a full report because the data supports fewer claims, and it shows the working on each one it declined to make.

What's inside

  • Who we talked to, and why the sample profile shapes everything after it
  • There is no incumbent to displace
  • Three in four are carrying something broken
  • Why there is no in-market figure here
  • Why there is no trend here either
  • How this sits against the industry
  • What to do with this: four decisions, each pointing at the section behind it
  • The receipts: method, denominators and the questions as asked
Only one system in the entire category cleared our reporting threshold. In HRMS, seventeen did. There is no incumbent here to displace and no shortlist to assume you are on.

A thin dataset published honestly is worth more than a thick one published confidently. Get the note and the working behind it.

We don't sell or share your information. No newsletter unless you ask for one. Privacy Policy