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SCORM stands for “Sharable Content Object Reference Model” - a standardized way to package online learning courses so they can be easily moved between learning management systems.
AICC is very similar to SCORM in capability, and is a format which is often used by third party course providers, such as Lynda.com when distributing their modules to clients.
xAPI is a more powerful version of the SCORM standard which facilitates increased reporting and offline course taking.