Today, modern Learning Management Systems (LMSs) provides a plethora of
opportunities for enterprises to foster the talent on which they have invested
time and money. In the realm of using latest technologies, Virtual Reality (VR)
and Augmented Reality (AR) have completely revolutionized the corporate
training environment. As per the Dell
Future Workforce Global Study, approximately 66% of the
global workforce is willing to adopt AR/VR technology and tools as a trainingtool.
Paving Towards a More Competent and Engaging Workforce
Today, workforce collaboration
and engagement is crucial for attaining organizational success. As per the
study by Gallup, 87% of the globally dispersed employees are disengaged from
their training programs. In addition, employee engagement also
encourages effective communication across the enterprise- collecting their
feedback and exploring individual talent. VR/AR based e-learning solution
perfectly fits into these efforts. For instance, VR/AR headsets provide a
variety of tools such as videos, visual data and more to perform different
activities. AR is widely used by manufacturing companies to train their staff
on critical processes, complicated machinery installed at the factory floor and
more by providing animated instructions on the physical gear. Given below is
the graph that depicts the market size of AR and VR in the future. As per the
statistics, the AR and VR market is expected to reach 20.9.2 million US dollars
by the year 2022.
Figure
1: Forecast AR and VR Market Size
Source:
https://www.statista.com/statistics/591181/global-augmented-virtual-reality-market-size/
From
the above data, the picture is quite clear that the AR/VR market potential iswide across different industry domains. Taking great initiatives to leverage both
these technologies through LMSs, organizations can ensure seeking lucrative
business opportunities in the e-learning industry.
Unlike virtual reality,
where the learner is transformed into another environment, AR uses interactive
digital elements to enhance real-world conditions. Advanced technology uses a
camera and display, such as smartphones and tablets or wearable technology like
Google Glass to display graphical information in real time. Augmented reality
embraces shorter learning curves, efficient workforce and flexible workplace
environment, thereby delivering a uniform experience. Thus, the future of VR
and AR is very bright and their emerging use for corporate training point to a
workforce that is smarter, mobile and more productive than ever before.
Suggested for the Reading:
http://www.workforcetransformation.com/workforcestudy/assets/report/Dell-future-workfoce-study_GLOBAL.pdf
https://news.gallup.com/opinion/gallup/191765/organizations-going-above-beyond-engage-employees.aspx
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