Phil Nicholls presented on Learning Information Services (LIS), a specification that allows different systems like student information systems and learning management systems to exchange student, course, and outcome data in a standard way. LIS was developed by IMS Global, a non-profit organization, with contributions from companies like Oracle, Ellucian, Blackboard, and Desire2Learn. Implementing LIS provides benefits like easier system integration and migration compared to custom integrations between individual systems. Current adoption includes Oracle, Ellucian, Moodle, and Desire2Learn passing conformance testing for exchanging data through LIS.