Why The Future of the American Workforce Will Be Molded By Virtual Reality

The practice of using Virtual Reality (VR) technology in educational settings is increasing at a compounded annual growth rate (CAGR) of 82 percent. This innovation in learning is not a surprise considering the benefits of the technology. Through VR, students gain immersive learning experiences, like those medical students need to learn to perform tasks like surgery. The success of VR learning in classrooms is leading many companies to implement the technology for training purposes.

How VR Can Be Used for Training

Learning is not confined to traditional classrooms. In most job settings, employees must learn skills, rules, procedures, and more to succeed. That is why companies offer training to their staff members.

Typical training programs used to consist of slideshows, supervision, and manuals. Through VR, employees can learn through a digital presentation, interacting with it to practice the skills and procedures taught. VR can include simulations and activities as well as written, visual, and auditory cues. Many of these components can replace traditional training practices.

Why VR Helps with Cost-Effectiveness

The advantages of using VR as a training tool are numerous. One of the main reasons companies implement the technology is simply the cost-effectiveness. VR training can:

  • Reduce the amount of time spent in training
  • Cut the cost of training supervisors and shifts that include shadowing
  • Eliminate the need for extensive training equipment, sets, or spaces set aside for demonstrations/simulations

United Rentals, for example, reports a 40 percent time savings using VR for training.

Safety Enhancement Through VR Training

In many industries, an important part of training is giving employees experience handling stressful, dangerous, or potential emergency situations. Simulating these types of situations can be costly and can also be dangerous.

Aviation training, for instance, can be risky. There is quite a difference between using controls while watching a computer screen and handling those same control thousands of feet in the air. That is why the aviation industry was quick to adopt VR for training, allowing new pilots to immerse themselves in the experience and practice flying as if in the air (without actually being up in the air and at risk.)

Other industries are now using VR to safely address potential issues. Walmart, for example, is using VR training to prepare employees for the potential hazards of Black Friday. A sheriff’s department in Arizona uses VR to give staff experience in a variety of threatening situations.

VR Creates Training Experiences, Not Just Lessons

Another advantage of VR training is how immersive the technology is. Traditional training includes many lessons, but it does not tend to offer real practice or experience. VR transforms theory into reality. Since VR is immersive, it accelerates the learning process.

Farmers Insurance used VR to turn claims adjusting training into real practice. Previously, it built sets to help employees gain experience. Now, using VR, employees can engage with more scenarios and work through situations as if they were actually there.

Learning from VR Training Can Improve Business Practices

Since VR training simulates real scenarios, many businesses are also using them to test run initiatives. For example, companies can virtually create scenarios and have employees practice new procedures to see how effective the new policies are.

With so many possibilities available through VR training and simulations, companies should expect VR to continue to increase in popularity as well as in types of uses.

For the latest news, videos, and podcasts in the Pro AV Industry, be sure to subscribe to our industry publication. A new episode of the Pro AV Show drops every Thursday.

Follow us on social media for the latest updates in B2B!

Twitter – @ProAVMKSL
Facebook – facebook.com/marketscale
LinkedIn – linkedin.com/company/marketscale

Follow us on social media for the latest updates in B2B!

Image

Latest

One-of-a-kind shopping experiences
The Resurgence of Brick-and-Mortar Stores: One-of-a-kind Shopping Experiences Are Turning Customers into Brand Ambassadors
April 24, 2024

In the convenient world of e-commerce, big box stores are seeing a resurgence. Chains like Dick’s Sporting Goods, Walmart, and Target are experimenting with one-of-a-kind shopping experiences that can turn casual shoppers into loyal fans. In a recent Experts Talk roundtable, Allen Adamson, Co-Founder at Metaforce, highlighted how one-of-a-kind shopping experiences make for exciting […]

Read More
digital augmentations
Revolutionize Customer Engagement Through Digital Augmentations in Physical Retail
April 24, 2024

The digital transformation of retail experiences in physical stores has become crucial as big-box retailers strive to maintain their relevance and competitive edge in a digital era. These retailers are embedding interactive features and digital augmentations in their physical locations to offer unique, engaging customer experiences. This approach merges the tactile allure of in-store […]

Read More
experiences
Enthusiastic and Trained Employees can Enhance Experiences and Drive Success in Physical Retail
April 24, 2024

In today’s retail landscape, big-box retailers are emphasizing the importance of their physical locations, even as the digital marketplace continues to expand. Stores like Dick’s Sporting Goods and Walmart are not just maintaining their brick-and-mortar presence but are actively enhancing it with features like interactive elements and new store openings. This reassertion of the […]

Read More
The Coexistence of Big Box and Small Retail Relies on Synergistic Relationships
April 24, 2024

Despite being long time competitors, big box retailers and small local businesses can both coexist in ways that benefit the other. Of course, both retail formats are different but by maintaining their core business models, the two can bank and leverage their strengths and still be open to synergistic relationships. During an episode of […]

Read More