This article was contributed by VR Intelligence / VRX, a media partner of the Immersive Learning Research (iLRN). The views expressed herein do not necessarily reflect the views of iLRN.
As with any novel and paradigm-shifting technology, the initial boom of virtual and artificial reality (VR/AR) has seen a vast array of industries attempting to leverage its benefits, from entertainment to product design, marketing to construction. While some applications of XR have proved themselves less promising than others, research from ABI shows that the global enterprise VR training market is expected to grow to $6.3 billion by 2022, up from $216 million in 2018; a vast leap by any standards.
Business already demonstrably buys into the promises of XR; a survey by Perkins Coie found that 78% of employers in the technology field believe that XR is highly applicable to workforce development and in fact, training and education already constitute a significant proportion of all XR use cases. Some 71% of businesses who used VR technology in the fourth quarter of 2018 were doing so for training purposes. This confidence is echoed by SuperData, who study the use of XR across various industries. They found that the businesses who spent $13.1bn in 2018 can expect to save $13.5bn thanks to investment in XR training technology as early as 2019.
On July 31st, VR Intelligence were joined by John Cogliandro (Senior Engineer, Special Projects, Raytheon), John O’Shea (Head of VR & AR Enterprise Applications, Applied Materials), Mark Lee (Board Member, Immersive Learning Research Network and Adjunct Senior Lecturer, Charles Sturt University) and Michael Bloor (Co-Founder and CRO, iQ3Connect, Inc.) to find out how companies are using XR technologies to improve training in their organizations, and what impacts they’re seeing.
Access the full webinar recordings here for exclusive insights into:
- Which industries are seeing the biggest impact from VR & AR on training and worker guidance
- Why the changing workforce now expects better technology-led training, and how VR is enabling this
- How education providers are increasingly using immersive technologies and experiences to improve and accelerate learning
- What benefits can be had in terms of time and cost savings… and how companies are measuring this
- The place of AR – is it best placed for training, real-time worker guidance, or both?
This webinar was run in association with VR Intelligence’s upcoming VRX Conference & Expo, taking place December 12-13, 2019, at the Hyatt Regency San Francisco Airport Hotel. Expecting more than 600 senior attendees from across gaming, entertainment, healthcare, retail, automotive industries and more, VRX is the world’s premier B2B immersive tech event for those wishing to use XR to boost ROI, propel their business forward and engage consumers through immersive, innovative experiences. For more information, please visit the website at https://events.vr-intelligence.com/vrx or contact Kathryn Bloxham directly.
VR Intelligence / VRX
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