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LMS.org is here to help you find the best LMS software for your organization. We are a FREE service and are happy to hear from you with your questions! An LMS is a piece of software that manages learning and training for organizations. They can be very efficient if properly implemented and reduce costs for the organizations that use them. LMS’s are used to administer, track, record, and provide reports on the delivery of the organizations e-learning initiative. The learning management system market is extremely fragmented. There are only a few companies that command more than a 4% market share, these being SumTotal, Oracle, OnDemand, Cornerstone, Saba, and SAP. These six providers account for about 50% of the total market. The remaining market share is split between over 500 various providers so there is a lot of considerations when choosing the best lms system.