This document provides an overview and summary of the state of learning management systems (LMS) in higher education. It outlines the agenda for a presentation, including an introduction, discussion of the LMS vendor market and trends, information on peer institutions' LMS strategies, and a question and answer section. Major trends highlighted include the growing adoption of open source solutions, a shift toward more localized instances of LMS platforms, and ongoing disruption driven by vendors. The presentation aims to help institutions understand LMS choices and strategies at peer schools.