I am sure many of you are familiar with WebCT/blackboard. Your current/old university most likely uses either webct or blackboard. If you know what I am talking about, these CMS just plain suck. They don't follow web standards, they have a horrible user experience, they are not easy to setup, and most importantly they are ridiculously expensive.
Many of us are focusing on building amazing innovate apps/services, but I don't think any one
has given these companies competition.
This is one killer app this is missing from our web ecosystem.
I really want to do something about it and want some feedback from you guys.
The only way to do so is to get a leading university to use the product first and you could leverage sales of that hence peeling away the webCT monopoly. The software side seems pretty easy though. I have no doubt you couldn't make a better product.
Perhaps the reason that there is no innovation in this market is a function of the inertia of these customers and the lack of financial incentive to build something better.