The Marketplace Live Business Simulation received a Silver Award for Excellence in Learning Technology in the Best Advance in 3-D or Immersive Learning Technology category.
The Marketplace Live Business Simulation’s win was announced on Thursday, April 29. The winners are listed at the Brandon Hall website.
The Marketplace Live Business Simulation is not one simulation, but a family of visually rich, realistic online business simulations in marketing, entrepreneurship and corporate strategy. Several hundred universities and colleges around the world use Marketplace Live as an experiential learning tool to make the learning process more effective, and to help their students better understand key business concepts, principles and ways of thinking. Marketplace Live features a realistic 3D environment, multimedia content and built-in tools for real-time team collaboration. The simulation is made available through Innovative Learning Solutions, Inc. of Knoxville, TN. More information about Marketplace Live can be found at the Marketplace Live website.
“We are excited about winning the Silver Excellence award,” said Ernie Cadotte, creator of Marketplace Live and Professor of Marketing at the University of Tennessee. “It is great to be recognized for our excellent design by an independent and world-renowned e-learning and research organization.”
The Brandon Hall Excellence in Learning Technology Awards are presented by Brandon Hall Research, one of the leading research firms in training and development. The Learning Technology Awards program showcases innovations in the products in the marketplace for creating and managing learning, talent and performance.
“These outstanding tools and systems propel the learning profession forward,” said Brandon Hall, Ph.D., chairman of the Awards program. “These innovative products let customers make learning faster, better and easier.”
The entries were evaluated by independent judges around the world.
About Innovative Learning Solutions, Inc. (ILS)
Innovative Learning Solutions, Inc. is a leading publisher of online learning solutions for business students and professionals around the world. Ernie Cadotte, creator of Marketplace Live, has been developing its simulation model for more than 20 years. In 2001, ILS released the first fully web-based business simulation that required no downloads or installation, which were then the norm. In January 2009, ILS released the first fully web-based business simulation with multimedia content and a realistic 3D environment.
About Brandon Hall Research
Brandon Hall, Ph.D. is the CEO of Brandon Hall Research and author of the ground-breaking “Web-Based Training Cookbook.” Since 1992, Brandon Hall Research has been providing independent research reports and expert advice on using technology in learning. Brandon Hall Research conducts Awards programs each year to recognize the best in innovative learning.
