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ROI

The business case for VR training

In 1987, Nobel Prize-winning economist Robert Solow famously quipped, “You can see the computer age everywhere except in the productivity statistics.” This sentiment is strikingly relevant to the current state of virtual reality (VR) training. A new-gen reality-bending simulation can provide immersive experiences where students and instructors interact seamlessly as lifelike avatars, collaborating and learning together in their day-to-day work contexts.

But most learning organizations are merely dipping their toes in the shallow end of the VR pool, testing the waters with small-scale pilots instead of taking the plunge with enterprise-wide VR transformation that drives 10x productivity improvements. Unlocking the true potential of VR demands significant investments, and learning leaders must construct a strong business case to illustrate the value of such a commitment.

Identify strategic VR use cases

The business case needs to tackle a strategic business problem that capitalizes on the unique capabilities of VR and enlist an executive sponsor to champion the project. The sweet spot of current VR tech is spatial hands-on training for tasks that are too dangerous, expensive, inconvenient or simply impossible to practice in real life – think safety, equipment, technical service, operations, logistics, manufacturing, emergency response and healthcare.

Cost savings

Upon identifying the use case, the business value of the immersive learning solution has to be demonstrated. Cost savings from reduced instructor time, travel, training facilities, and materials are easy to measure. Fewer operational disruptions can be another big cost saving as many companies are forced to halt plant operations or inconvenience customers during in-store training sessions. Student time savings is yet another underappreciated benefit of VR; the equivalent of a full day’s training can be packed in just a few hours in the headset.

Performance improvement

While cost savings are easy to measure, improved work performance represents the more substantial profit impact. Upskilling with VR can reduce accident rates, boost sales and improve productivity. A more elusive yet crucial metric involves fostering enhanced employee engagement, which in turn reduces turnover and strengthens talent acquisition efforts. Natural field experiments and control groups can assess the effect of VR training on work performance and its correlation to business outcomes.

Investment cost

The investment denominator of the ROI equation includes content development and internal resources. VR development is a complex and iterative process involving a team of 3D artists, game developers and learning designers. Most learning organizations contract with companies like mine, the Gronstedt Group, to custom-develop pixelated versions of their workplaces and products. This investment can be amortized for years to come.

While it’s essential to consider the in-house expenses associated with the development and implementation of a VR program, the hardware and platform costs are relatively minimal. Businesses can leverage a limited number of shared headsets. The market-dominating $400 Quest2 is supported by a robust new business platform from Meta and Microsoft that can integrate reporting to any LMS (contact me to discuss our experiences with the closed beta of Quest for Business).

Cross-functional, cross-platform

The business case for VR extends far beyond training. The same investment in a high-fidelity workplace can be leveraged for product strategies, operations, customer relations, marketing and recruitment. Our clients bring their VR simulations to recruitment fairs and marketing events, deploying them across a range of platforms, from mobile devices to large touchscreens at exhibitions. The enterprise metaverse is a versatile cross-platform asset, offering numerous applications across the organization.

Let me know if we can meet up for a web conference or in our demo app on your Meta Quest headset to discuss how the Gronstedt Group can help develop a business case for your organization and bring it to (virtual) reality.

Quelle:

https://www.linkedin.com/pulse/business-case-vr-training-gronstedt-group/?utm_source=share&utm_medium=member_ios&utm_campaign=share_via

30. Mai 2023 0 comment

Examples

Improve Employee Skilling ROI With Immersive Learning

Fifteen years ago, families were sitting together to watch American Idol in their living rooms and Pirates of the Caribbean in the movie theaters. Then Netflix and Hulu launched streaming services, forever changing the way we watch and consume media.

Training is going through a similar shift from scheduled training events to a continuous learning paradigm. Companies are prioritizing upskilling and reskilling to adjust to this new normal and compete in today’s labor market but are still facing barriers in their efforts to train their employees. Lack of time, low employee interest, poor social connection and unclear ROI are some of the obstacles that can hinder an effective training program.

Effective immersive learning experiences can help bridge these gaps. A virtual reality (VR) game is one example, but 2-D experiences like simulations, scenarios and learning games can be immersive, too. Just like binge-worthy TV shows, they provide relatable stories and context that capture attention and imagination, so employees are less likely to be distracted and more likely to focus on the task at hand. HR leaders can increase interest in training by demonstrating how skills are relevant on the job and illuminating a clear path to advancement. Immersive learning also offers valuable opportunities for peer-to-peer connection and feedback loops that support continuous improvement.

Maximize Learning Time

Instead of listing facts or steps that must be memorized and are likely to be forgotten later, immersive learning delivers a real challenge that requires learners to apply new skills. It provides space to overcome common challenges and misconceptions that would otherwise cause disruptions on the job. The sights employees see and the mistakes they make along the way make the experience more memorable and easier to recall later. All of this results in a more effective and relevant use of employees’ time and, ultimately, improved skills transfer and productivity.

Increase Interest In Training

Microlearning e-learning modules (quick learning moments) are an effective way to teach people on the job and in the flow of work, but all too often they are a monotonous “click next” experience that does not result in transferable knowledge and skills.

In contrast, you can create immersive learning experiences that engage learners every step of the way. To successfully advance in a simulation or scenario, employees have to think about what comes next and deal with the impact of their choices. Using new skills to overcome challenges gives them a sense of achievement and control. When employees see clear connections between training and the things they need to do on the job, they are more motivated to participate in training opportunities.

Build Social Connections

Think about a skill, from baking bread to building a bookshelf, that you learned from someone else. What did you gain from that experience? The 2022 Career Optimism Index found that a significant number of employees believe that it is important to talk or connect with people in the field they want to be in or personally know.

Immersive experiences open the door to these types of connections and provide the support that employees need so they do not start looking elsewhere. Virtual spaces create a sense of presence and can be used in tandem with chat or video conferencing tools to support synchronous teamwork and peer-to-peer mentoring. Group tasks or challenges, multiplayer puzzles and head-to-head mini-games are just some of the ways to bring people together in a learning community.

Provide An ROI Feedback Loop

Employees want to learn new skills and develop new expertise to be competitive. But what skills do they really need to be successful? Does your training support those skills, or does it only reflect your perceptions about what they need to know?

To answer these questions, you need to collect quality data and look at it through the right lens. Standard training and multiple-choice questions teach and test factual knowledge, which does not necessarily translate to job effectiveness. However, immersive questions and decision points reflect real-life job tasks and KPIs (key performance indicators). This not only supports more relevant learning and skills transfer but also generates rich analytics that you can use to identify and understand skill gaps.

Immersive learning can be a powerful tool for improving training programs. Simulations, scenarios and games maximize learning time, make training more relevant and collaborative, and can help you reflect on your investment and identify skill gaps. As you look for ways to incorporate immersive learning into your training program, start with a small virtual space or activity. For example, consider starting with a simulation of a common onboarding task, a scenario-based game that reinforces a critical skill or a cooperative puzzle with AR elements.

As you learn more about your employees‘ preferences and become more adept at meeting these needs, you can build a more effective and immersive learning culture that attracts and retains a quality workforce.

Quelle:

https://www.forbes.com/sites/forbeshumanresourcescouncil/2022/12/13/improve-employee-skilling-roi-with-immersive-learning/?sh=1ddf194246f5

30. Dezember 2022 0 comment

Examples

5 Reasons to Use VR in Hiring & Training

As the march of technology continues, we’ve seen VR leap forward. Institutions and individuals can use the technology in ways that range from education to gaming. Another area where VR starting to show its potential is HR functions like professional hiring and new-employee training.

This trend is related to a larger movement where companies, lured by the potential to increase productivity and lower turnover rates, are investing in a range of technologies. VR project management in human resources, though challenging, can bring several benefits.

How is it doing that? Here are just five ways…

1. Reusable Experiences

Many repetitive and often mundane tasks are involved in the hiring process. When looking for candidates, you need to ensure that they’ll be a good fit for the business. You’ll have to take them through a series of tests or interviews and background checks to ensure that they won’t steal anything or otherwise be a threat to the company.

All these steps might sound time-consuming, but you can use one job simulation multiple times without compromising quality. The simulation of the workplace and typical tasks is portable, and you can take it on the go for repeated use.

The re-usability element means having multiple simulations of potential employees in one place, allowing you to find the best match for your company without wasting time. In some cases, you might even be able to do a trial run with a candidate before making a final decision.

A new hire’s experience and understanding of the product or service can hugely impact their performance and productivity. It can profoundly affect candidates and make them more interested in the role they’re about to take on.

2. Employee Confidence

One area where VR has proven highly beneficial is employee training. Many companies are doing their best to ensure that their employees have adequate training to do their jobs. However, training becomes difficult as it’s challenging to replicate a work environment at a company’s training facility.

With VR’s immersive experiences, you can take a candidate’s existing knowledge and skills and let them experience every aspect of the company they’re interviewing with. This kind of immersion can help close the gap between what potential employees know and how they react to all the new things they’ll face when they start work.

VR training modules can help train employees on what to expect, act, and do in a particular business. This can help improve employee confidence and reduce turnover rates by making employees feel ready for challenges.

3. Personalized Training

Job training is essential for settling into a new workplace, but it can also be long and drawn out. You’ll have to have employees spend time at the training facility with other employees or even external trainers to learn about their trade and how things work.

While this is necessary due to the level of information covered in training, it can lead to productivity loss. Instead, most new hires would rather work on projects relevant to their job than attend lectures or sit through video presentations. VR can solve this issue by making your training modules interactive and hands-on.

VR can help uncover relevant information by showing candidates their future roles within their contexts. This gives them a sense of ownership over their position, which helps motivate them and improve morale. You can skip the long, drawn-out lectures and presentations and put your new hires at the center of their training experience.

It’s a much better way for them to learn about their job than just by reading about it or being told about it in a classroom environment.

4. Demonstrating Company Culture

Your organization’s culture is vital, but finding ways to communicate that culture to new hires effectively is not always straightforward. It’s hard to determine how well a candidate will fit into their new role.

However, VR technology can make this easier for you. What if you could give them the whole VR experience and let them explore a business through the eyes of your current employees?

Many companies now have interactive interviewing rooms that allow potential employees to interact with the company and feel its culture firsthand. In some cases, you can even go further and enable candidates to experience your company’s culture before starting work.

By projecting certain aspects of the corporate environment into their VR headsets, you can put candidates in a real-life, immersive environment. VR can significantly improve a candidate’s experience, allowing them to put themselves in your shoes before committing for the long term through a simulation.

5. Cost-Effective Training

When it comes to training employees, many companies face budget constraints. For some businesses, employee training can end up being incredibly expensive.

Companies need to make sure that they’re spending valuable time and money on the right opportunities. This helps make sure that their new hires are successful and productive.

VR lets you get the most out of your human resources department by training candidates faster and more efficiently. If you can conduct quality interviews through simulations, you can save a lot of financial resources by eliminating the need for personal interviews with applicants or third-party assessments.

VR will allow you to get closer to the quality candidates your business needs without spending as much money on training. Eventually, you want your hiring practices to have a positive return on investment.

VR and the Hiring Process

Given VR’s advancements over the past few years, it’s now easier than ever for businesses to use it to make smarter decisions on whom to hire next.

By implementing virtual and simulated experiences, VR can also make corporate culture more accessible to new candidates, thus setting them up to do their best work.

Quelle:

5 Reasons to Use VR in Hiring & Training

20. Juli 2022 0 comment

Examples Research

4 Ways Virtual Reality Training Can Save Your Organization Money

Virtual reality (VR) training typically costs anywhere from $20,000 – $150,000 or more. Although the upfront cost may be intimidating, the long-term benefits of VR can save your organization time and money.

VR training can cut costs at your organization in the following four ways:

Reduces turnover by providing realistic job previews
Lessens the time needed for onboarding new employees
Reduces safety risks
Creates more consistent training experiences

Setting a realistic budget is of the utmost importance when it comes to planning a new training program.

Lucky enough, future learning technologies, like VR, have become affordable options for organizations looking to reimagine their existing training program and save money.

This article will dive into what VR training is, explore multiple factors that affect VR training costs, and explain four ways VR training saves organizations money.

Use VR Training To Create An Unforgettable Immersive Experience

VR training simulates any world you can imagine, enabling your learners to encounter true-to-life scenarios without facing real-world risk. By putting on a headset, learners are fully immersed in a new simulated environment where they can look around, walk up to computer-generated objects, and interact with items and people.

There are two types of VR technology: full VR and 360° VR. Full VR allows a learner to move freely in their virtual world and interact with objects, while 360° VR has a fixed viewpoint where learners can look around them and interact with their surroundings via gaze control or laser pointer.

Examples of VR for corporate training include:

Scenario-Based Learning — Learners refine soft skills with a first-person perspective of real-life scenarios, like customer interactions or coaching.
Technical Skills — Teach learners how to assemble products or complicated machinery by allowing them to interact with digital recreations.
Onboarding — Introduce new employees to your organization by showing them the ins and outs of the business, shop floor, and more from their own training room across different locations.
Simulations — Military, aviation, and law enforcement are great examples of simulation-based training where you can work on reactions in hazardous situations.

VR is a versatile training option for any business need. Whether you need to train your employees in what to do in the event of a robbery or need to train leaders on how to properly coach their employees, VR can be an fascinating, engaging experience for learners at your organization.

How Can VR Training Save Your Organization Money?

VR is best utilized when organizations want to prevent or eliminate a problem before it happens. An example is allowing an employee to experience a dangerous situation, like a fire emergency, and better understand how to react in the moment. This prepares them if the situation were to occur in real-life. This saves your organization time, money associated with damages, and potentially lives.

VR training can range anywhere from $20,000 – $150,000 or more depending on several factors:

Required training equipment, including headsets, and developmental personnel
360° VR or a full computer-generated environment
Existing data that can be leveraged (CAD data, blueprint data, etc.)

The good news is that VR pricing has become considerably lower. Between equipment and developmental costs, VR has become a more affordable option for organizations looking for interactive, exciting training solutions.

1. VR training reduces turnover by providing realistic job previews

VR offers the unique opportunity of reducing employee turnover by providing potential employees with an interactive job preview. This means that before someone is hired for a specific role, VR can be used to experience a glimpse of their role that helps determine if they’d be a good fit.

A VR training program that previews a role sets realistic job expectations and prevents quick employee turnover for new employees. For tasks like technical training, VR is a great way to provide a job preview and prepare learners for their position.

For example, a potential warehouse employee could preview their day-to-day duties by completing a VR program for the proper stacking methods for shipment boxes. This way, the learner has a chance to preview their job duties and determine if the role is a long-term fit.

2. VR training lessens the time needed for onboarding new employees

VR training reduces the time needed for onboarding new employees. Onboarding material typically takes hours to present, but can be done in minutes with VR.

A structured onboarding program has four phases: orientation, role training, transition, and ongoing development. VR can be integrated into all four stages of onboarding and take an otherwise unengaging, traditional program to the next level through interactive activities.

eBook Download: 5 Ways To Integrate Technology Into Your Onboarding Program

For example, organizations can purchase cardboard VR headsets that double as swag and success -builders. They cost $7-$12 a set and can be customized with an organization’s brand.

You can use cardboard VR headsets for onboarding through the following four ways:

Showcase specific workspaces, like a sales or warehouse floor
Have employees learn about the company’s story through VR scenarios
Train new hires in role-specific skills, like providing feedback
Show your new hires different locations without having to travel

3. VR training reduces safety risks

A major advantage of VR training is that it removes learners from potentially dangerous environments, like a shop floor or construction site. VR can recreate any real world environment where learners can take risks, learn from mistakes, and repeat activities.

VR training allows learners to interact with and perform processes on simulated versions of large, expensive equipment. For example, warehouse employees could practice operating a forklift. In this example, learners can practice technical work and make mistakes without facing costly consequences.

Another example is a driving simulation where learners can sit behind the wheel of a delivery truck. Learners are tasked with turning on the vehicle, adjusting mirrors, and steering the truck appropriately to avoid collisions and pedestrians. This full VR experience takes an otherwise dangerous, potentially costly learning program and makes it risk-free without sacrificing quality.

4. VR training creates more consistent training experiences

Consistency across training experiences is key to ensuring every employee is adequately instructed and prepared for their job. VR also ensures consistency in task completion across locations and training facilitators. VR training creates more consistent training experiences because every learner completes the same virtual experience with the same material.

Consider the following two examples:

360° VR for Customer Service Training — By using 360° VR to recreate customer interactions, employees can learn how to manage interactions with customers the same way across different store locations. Plus, 360° VR uses actual actors that can demonstrate real emotions and facial expressions.
Full VR for Technical Training — In this hands-on VR experience, learners can practice stacking pallets. They can view informational text boxes identifying key information, watch videos explaining regulations, and correct improper placement or orientation.

These two examples listed above have the additional benefit of being accessed at any time from anywhere however many times a learner needs. When each of your learners completes the same virtual experience, you can ensure that everyone has the knowledge needed to perform the essential functions of their role correctly.

Level Up And Save Big With VR Training!

As we’ve discussed, VR training can save your organization money by preventing costly problems before they occur. High upfront costs may be intimidating, but the good news is that VR costs have become more affordable and are worth it in both the short and long term.

Quelle:

4 Ways Virtual Reality Training Can Save Your Organization Money

25. Januar 2022 0 comment

Knowledge Research

Determining The Return On Investment For Virtual Reality Training Software

There’s no way around it: Companies need to innovate often and require modern solutions to modern problems. Virtual Reality is one of the latest and greatest emerging software that enterprise groups are starting to learn about and utilize for enhanced training and simulation. The trade-off? VR is expensive to develop and even harder to budget for accurately. Luckily for you, the reader, we have a lot of experience in this sector and will try to break it down for you in this article to give you a better understanding of ROI measurement and benefit.

To make purchases more appealing to stakeholders and decision-makers, you may need to calculate the software’s return on investment. However, this is a complicated calculation — it’s important to get it right so you can rest assured your company will be investing its money wisely. With Virtual Reality, there are many things to factor into the ROI calculation. Things like training time, cost, travel time, opportunity lost, cost of onboarding and the overall number of employees that will be able to utilize the software are all metrics to look at.

Making an ill-measured estimate that might damage your stakeholders’ trust in you or even result in a bad decision is something you likely want to avoid. So to alleviate that concern, follow these guidelines to learn how to calculate the return on investment for VR training investment in a straightforward, accurate way.

What Is Return On Investment?

A return on investment, or ROI, isn’t an abstract term. It’s a specific calculation of an investment’s cost versus its benefit. ROI is always calculated the same way, whether it’s for VR development or anything else.

The formula used to calculate ROI is as follows:

ROI = (Gain of Investment) – (Cost of Investment) / (Cost of Investment)

You can check out our ROI Calculator and see how your organization could benefit from VR Training.

Let’s break down the two components of this calculation, one at a time, and consider how they relate to virtual reality development purchases in various job roles and sectors.

Gain Of Investment

Your investment gain is the amount of money you stand to gain from implementing the new software system. In some lines of work, the gain is easy to calculate. For instance, if a retail store opens an online storefront, it will almost certainly increase its sales.

In any manufacturing or industrial setting, oftentimes, there are repeatable processes that can be complex and cause production halts to train new employees. With virtual reality usage, we can automate the onboarding process and train new hires in a safe and controlled manner. You can also offset the cost of lost production time by training remotely and using virtual production lines instead of pausing live settings for training.

This leads to onboarding new hires faster, less production time lost for training and overall a smoother hiring process with a measurable return on investment.

Another major gain from using VR as a training tool is the travel expense saved from traditional training methods. Many times employees are flown to learning centers around the world which can carry exorbitant costs as well as productivity time lost. All of this starts to add up when you are running an enterprise organization with hundreds or even thousands of employees to train. This cost can be mitigated with VR learning altogether.

The other added benefit with virtual reality training comes in the work that is performed regularly without fail. The added time saved and the extra work you can do more efficiently due to the training allow for additional revenue saved. Lastly, you can factor in old, outdated means of training that will be discontinued due to the more advanced methodologies — and factor them into the equation.

True Cost of Investment

The actual cost to your organization is the total breakdown from the start of implementation to completing your new training program or platform. The most obvious areas will start with the development costs of the training scenario in itself. This will be the brunt of the cost and will vary depending on the project’s scope and the complexity of the VR training simulation.

The other area for raw costs delves into licensing fees, technical support, monthly updates, hardware costs and other various professional services. This could also include things like onboarding staff on how to use your new VR training systems as well as “training the trainer” for any training scenario you are undertaking.

In addition to measuring the raw costs, groups should consider the opportunity costs involved as well. Production increases and making fewer mistakes on the job can increase your bottom line and should be factored into the equation. On the flip side, there is lost production oftentimes when staff are being trained on live production lines. This can be negated altogether in a virtual environment.

Also, keep in mind to measure the actual usage of the VR training as not everyone company-wide will benefit from the learning medium. Finally, there’s also the potential that your new VR learning platform won’t be applicable to every area of your business, whereas traditional LMS’s may be better suited. To create an honest and fair assessment, factor this disparity into your investment’s cost.

Guidelines For Calculation

Despite these guidelines, calculating the true ROI for your VR training platform can be difficult. You might not know how to quantify the time you’re saving or the time you’re losing during the implementation period — much less the amount of money that time represents! Bring on innovation directors and anyone in charge of employee growth to ensure you are making the most of virtual training programs.

For clarity’s sake, it’s always best to express ROI in relation to a period of time. Your ROI for the first month after you implement your software, for instance, will probably be different from your ROI over the course of the year — and it’ll likely be much lower at first due to the high upfront costs of implementing a new VR training system.

To give a full assessment of your system’s ROI, you may want to prepare two or more estimates: a pessimistic estimate that assumes the lowest reasonable gain and the highest reasonable cost and an optimistic one with high gain and low cost. Your actual result will fall between the two, but this way, you’ll have modelled a reasonable range of possibilities.

For example, with most of our successful deployments, our clients would measure the cost for training new hires, including travel costs, productivity loss/gain and overall time to ramp up. Often training time was increased tenfold, and information was retained up to 65% better across the board. Overall the most important thing when looking to measure VR for training organization-wide is how many employees will be using it and how much more efficient they will be after the training (if at all). Please note that productivity gain is one of the harder metrics to measure due to the growth that happens over time and the way in which training programs evolve (many times there are multiple vehicles for training outside of VR).

While these are only guidelines, many times when developing immersive training scenarios there will be other elements that come into play. If you’d like to learn more about measuring ROI in VR training programs.

Quelle:

https://www.linkedin.com/pulse/determining-return-investment-virtual-reality-training-roni-cerga/?trackingId=y0WKV0JrSWO7zvJV2sPI%2FQ%3D%3D

24. Januar 2022 0 comment

Knowledge Research

XR Training: ROI and Cost Effectiveness

The dynamics of the current workforce — including training needs — are evolving at a rapid pace. The technology evolution has sped up dramatically, and the adoption of new virtual technologies like extended reality (XR) training has never been more valuable.

Industries such as health care, manufacturing, construction, and public safety are experiencing an uptick in adopting these technologies with little sign of stopping. MarketDigits predicts growth to continue globally, with XR experiencing significant expansion within the next five years.

XR Training Advances

Advancements in extended reality technologies are positioned to transform the way we train. The question is, how can you ensure you’re getting the greatest return on investment (ROI) and optimizing XR training cost-effectiveness? Though training that engages.

Effective training programs depend on individuals actually learning what is being taught. Low quality, inadequate training can cost your organization more than just money.

With an average attention span of fewer than eight seconds, implementing engaging training methods is more critical than ever.

What is XR?

Extended reality (XR) refers to the confluence of three technology areas: Augmented Reality (AR), Virtual Reality (VR), and Mixed Reality(MR). When used in combination, they provide an enhanced user experience primarily focused on consumer applications and gaming. Increased interest, research, and development have driven growth in XR training opportunities in areas such as public safety, medical, manufacturing, and other environments.

How XR Training Can Improve Employee Performance and Retention?

Comprehensive employee training that makes an impact is essential for business success. Navigating the evolving work environment is more of a challenge than ever before, and many companies are falling short of successfully adapting their training programs.

Reduced Turnover

With roughly 40% of employees who did not receive practical, engaging training leaving their post within one year, it’s easy to appreciate the value of training on employee retention. Not only do employees have a greater sense of job fulfillment that accompanies doing a job well, but they are also more likely to invest in a company that has invested in them.

Heightened Accuracy

XR training supports increased learner recall and strengthens the “learn-by-doing” approach favored by many education experts, making it arguably the most effective procedural skill or knowledge acquisition method.

Fewer Accidents and Fatalities

When current and future employees have access to practice in environments that allow for errors and mistakes that would otherwise prove damaging or, worse, fatal, students can focus on learning. By removing the genuine threat of accidents or fatalities, students can learn by doing in every situation, especially those that cannot safely be recreated in a workplace or educational setting.

Enhanced Soft Skills and Diversity Awareness

Soft skills, such as networking, negotiation, public speaking, and diversity communication, are growing in demand but can often prove challenging to successfully teach.

XR allows employees to experience simulations focused on soft skill acquisition and enhancement.

Diversity training with XR simulations can help diminish unconscious bias while improving overall employee engagement and communication, especially when tackling subtle non-verbal cues.

XR Training Cost-Effectiveness: Measuring ROI for your XR training programs

Augmented, virtual, and extended reality are becoming the chosen method for many organizations pursuing immersive training technologies. And with an 8.8% improvement in recall accuracy over traditional non-immersive learning styles, it’s easy to understand why. XR training cost-effectiveness and ROI go beyond safety and employment retention.

Become Competent Faster

Regardless of your sector, operational success boils down to a straightforward business reality: bring in more money than you send out. Increasing the speed at which new employees become competent or existing employees learn new skills will also increase your overall bottom line, and XR does just that. XR improves employee performance by up to 70% while reducing training time to achieve competency by 40%.

Increased Efficiency In Resource Allocation

Through XR, organizations can provide extensive knowledge transfer from subject matter experts to onboarding employees without pulling your SMEs away from their work. XR allows for comprehensive knowledge capture and global sharing abilities without downtime or incurring substantial travel and associated costs.

There’s a reason Star Trek placed an XR emergency medical hologram on all Federation vessels in the Voyager universe: they could be in every ship at once without compromising knowledge or learning integrity. Employees can access expert advice and guidance when and where they need it, without time lost to countless email chains or flipping through thousand-page printed manuals.

Reduced Operational Downtime and Expenses

Not all industries are created equal. Some business sectors can thrive with strictly instructor-led educational scenarios, while others demand practical, hands-on training. This can disrupt the work environment and require significant chunks of operational downtime in addition to moving–and retrofitting–specific equipment and technologies to support training requirements, costing you time and money.

XR training eliminates the need for a real-world, brick-and-mortar training environment and operational downtime it requires. It also allows for trainees to complete simulations in high-risk situations without compromising safety.

XR training technologies allow employees to safely gain the skills and confidence they need to safely work with heavy machinery or combustibles while learning in a danger-free environment. This carries over into the work environment with organizations like Ford, reporting a reduction in workplace injuries by 70% because of AR/VR training.

Positive Company Image

Implementing XR training is becoming an indicator of organizations with a growth and progress-oriented mindset. Big brands like Ford, Delta, and AT&T are leading the business world as industry innovators by using VR, MR, and AR technologies for their training programs. By inserting your company into this group of top-tier players, you’re letting everyone–including potential employees–know that you’re focused on the future. Potential employees, especially millennials, want to work for and stay with companies with a positive company image and an eye to the future, including training.

XR training as part of an employee education program offers a highly scalable framework that can be customizable for each office, branch, or individual learner, while delivering unlimited employee training and development opportunities.

Quelle:

XR Training: ROI and Cost Effectiveness

12. Januar 2022 0 comment

Examples

Improve Training Effectiveness With VR: A Future-forward Case Study

Several months ago, I wrote an article called “Measuring Training Impact for the Fourth Industrial Revolution.” The main point was: The only companies that will truly thrive in the future will be those that serve their customers in the simplest and fastest way, but somehow make it all feel more personal. This includes companies in the corporate training industry. Training must be more personalized and targeted to provide greater benefits, but also quicker and easier to keep costs down.

This case study explores what many consider a “futuristic” approach to training — the virtual reality (VR) experience.

A Real-world Case Study

VR as a training delivery option has been around for a while, but there have been few studies done to prove its value. How does it stand up against traditional delivery modes like classroom, online and blended learning? More specifically, what is its effectiveness when it comes to our six levels of training impact? Do participants like it better? Do they learn more? Is it better at improving behaviors on the job? Does it have more impact on the business? Does it carry a higher return on investment (ROI)? Are there factors back on the job that maximize that ROI? Let’s take a look.

The organization in this study was a multi-billion dollar Fortune 100 company, and the methodology compared two cohorts of 251 salespeople — one cohort was trained solely in a traditional classroom experience, the other cohort was trained in a half-classroom, half-VR environment. In essence, the entire group came together for core instruction during their first day of training and then broke out into these disparate groups for the second day.

As an evaluator, this provided a unique opportunity to isolate the impact of VR by controlling for so many other extraneous variables that typically confound these types of comparison studies. One group trained using VR, the other using traditional classroom. Would there be any differences in learning? And more important for the stakeholders: Would there be any difference over the next several months in the application and effectiveness of this training back on the job? VR has been around for a while, but there have been few studies to prove its value.

Summary of Results

Level 1 Reaction: The participants preferred the VR experience over the classroom, with an overall rating of 4.9 vs 4.3 out of 5.0. Even though both were engaging, and there had been some hands-on simulations in the classroom to make participants feel like they were on the job, it didn’t compare to the captivating and immersive experience of VR.

Level 2 Learning: We used a post-test only method where we asked participants to score where their knowledge and confidence was before — and after — the training. Participants reported a 19.8% higher level of learning from the VR experience compared to learning in classroom alone.

Level 3 Behavior Change: We measured improvement in six key behaviors two months after the training. Through a series of self and manager observations, we saw a “significant” to “exceptional” improvement in 67% of the virtual group, while only 34% of the classroom group showed the same high level of improvement.

Level 4 Business Impact: We knew we had to carefully “isolate” the impact of each of the delivery modes, so we compared both groups’ metrics over the three months post training and compared this key performance indicator (KPI) improvement to another group of employees who were not trained. This way, we could compare the respective increases in business performance to a true control group and attribute any improvement more validly to the training. Here, both groups outperformed the untrained group, and the VR group significantly outperformed the classroom. While there were three KPIs considered in the analysis, the main metric used and the easiest to monetize was the “new customer acquired.” The benefit per participant was calculated at $1,260 above that of the classroom alone. Again, both methods had a significant impact on the business, but the VR experience was clearly more effective.

Level 5 ROI: The calculation was straightforward: How did the additional benefit created by the VR compare to any additional cost for the VR? In total, the enhanced VR experience ended up costing each participant an extra $560, but when compared to the extra benefit per participant of $1,260, the ROI on the additional investment came in at more than 128%.

Level 6 Transfer Climate: We found that immediate manager support after the training and any applied insights from the VR experience (which can be captured and recorded for later coaching) led to a 48% increase in ROI. That is, if participants were able to capitalize and act on the data from the VR experience, they were able to reap even greater benefits.

Conclusion

There isn’t much argument around the fact that the closer it simulates real life, on-the-job experiences, the more effective training will be. We all aspire to make training as realistic as possible. The question is: How much additional business benefit and ROI can we achieve by edging ever closer to the immersive experience? While this is only one case study, that only sought to compare in-classroom training and VR training, it was an impressive glimpse into the promise of VR as a powerful training option. We already knew it can help you dive off the edge of a skyscraper, but now it seems like it may also make you a better employee. We measured improvement in six key behaviors two months after the training.

Quelle:

https://trainingindustry.com/blog/measurement-and-analytics/improve-training-effectiveness-with-vr-a-future-forward-case-study/

4. November 2021 0 comment

Examples

How does virtual reality increase profits?

VR or virtual reality has been around since the 1980s. Put on a headset and you are projected into a digital world. Your eyes trick your brain into thinking you are present in that environment. Over the last decade, VR has been popularized through games and other VR experiences. Starting with not-so-great and nauseating rollercoaster experiences, apps and games have now become user-friendly and genuinely enjoyable. For the last 5 years, companies are seeing the benefits of training in VR and making digital twins. How do they use VR and for what applications? And more importantly, how do these companies make money by using VR?

Why use VR

The most noticeable and remarkable aspect of VR is the power of immersion. As mentioned above, your brain is tricked into believing that what you see is ‘real’. This makes VR ideal for educating people in dangerous situations. People believe that the risk or danger they perceive is real, and thus the experience has a significantly bigger impact.
Additionally, in VR you learn by doing. VR operates with controllers and/or hand tracking. This adds to the immersion but more importantly helps you gain muscle memory. This, in combination with unlimited redo’s makes VR a safe place to fail and learn while doing. This increases student’s confidence when reproducing the same tasks in real life.
Thirdly, the ease of use. VR is easy to use as you can use your hands to interact with the virtual environment. No need to explain how to pick up objects, just grab them as you are used to in real life. That way Virtual Reality becomes a very efficient and versatile learning tool. With unlimited environments and learning opportunities, virtual and augmented reality will soon become the new standard for education in professional settings.

No more risk

Avoiding real-life danger when training is a no-brainer. Using VR, you can learn new procedures in a safe and controlled environment. As such, training medical staff in VR is a textbook example on how to minimize danger/risk. OneBonsai developed VR ‘Tracheo Care’ where nurses and medical students learn how to take care of a patient with a tracheotomy. With this VR training solution, patients simply cannot get hurt, and multiple different training situations can easily be simulated and trained.

virtual reality nurse — Ziekenhuis Oost-Limburg uses OneBonsai’s VR Tracheo Care to train nurses and medical students.

Let’s talk money

Time is money, right? When developing solutions in VR, training apps are made to be extremely time-efficient. Reducing training times up to 60%. OneBonsai developed a VR logistics training application for a Fortune 500 company. Before, 5 days of one on one training would be required to train new warehouse personnel. With VR they were able to train personnel using in total 4.5hrs training. More time can also be saved when keeping track of the performance of all your employees. This way, underperforming students can be given additional training and support, while well-performing personnel can go through a fast-track training session.

There are many examples of companies successfully implementing VR in their training department. To name a few:

Walmart uses virtual reality for soft skill training

Ziekenhuis Oost-Limburg trains nurse students with the help of virtual reality

Shell is using virtual reality for deep-water safety training

Content is king

Virtual Reality is used for multiple different types of training. You can think of Hard Skills training such as Working at Heights, Lock out Tag out, Hazard Recognition or Soft Skills such as negotiation skills or public speaking. To build a good training module, however, you need two things:

Good expert vetted content
What is taught in the VR training module has to be correct and follow both (inter)national regulations as local (company) guidelines. To achieve this, OneBonsai works together with experts in various fields and offers parameterization of its training modules. The latter will help you adjust training modules to fit your specific needs.
Educational science
To ensure that the students learn in an efficient and effective way, it is important that correct educational science techniques are employed. For this, OneBonsai implements principles of Instructional Design.

Implementation is queen

While the content is extremely important, the way the content is rendered and how the students interact with the content are vital as well. If a student has to first learn for hours how to interact in the VR application, the learning session will be lost. Additionally, OneBonsai takes great care to optimally develop the VR applications for a smooth and comfortable user experience.

All things considered

Assessing the ROI of VR training requires a multi-faceted approach. There are both clear financial as non-financial benefits. On the one hand students seem to enjoy VR training more. On the other hand, students tend to remember better what they’ve learned when using VR.
Furthermore, a reduced carbon footprint is another of those benefits. With in-house VR training, companies produce less traffic-related carbon dioxide and contribute to saving the planet, while also providing adequate training even for personnel working remotely or far away.

Co-panelist Brent Kedzierski, head of learning strategy and innovation for Shell summarized this well:

“Out on the rigs, you would typically have to fly people to the rig, then back to the training center to get tested and certified,” Kedzierski said. “Instead of flying them back and forth, we are able to do immersive VR that [provides] the training and meets the need without the travel. That’s an easy use case – probably one of the clearest ones you’ll find.”

It might sound like a cliché thing to say, but if you invest in your people while also saving the planet,
the profit comes by itself.

Quelle:

https://onebonsai.com/blog/gain-roi-when-using-virtual-reality/

6. August 2021 0 comment

Knowledge Research

Immersive Learning – What it is, Benefits and How to Implement

As the world becomes increasingly technologically driven, traditional classroom based learning where a teacher, lecturer or trainer stands at the front of a class is increasingly becoming a thing of the past. Creating a participatory environment where educators are facilitating active, immersive learning can be hugely beneficial to a learner’s development; enriching their knowledge base and practical skills.

Could immersive learning not only hold the key to addressing the challenges of the digital age, but significantly improve education and skills development by harnessing the power of technologies such as virtual, augmented and mixed reality?

Immersive Learning Theory

Traditional classroom based learning techniques largely rely on auditory and written learning styles. Whether in an educational or work related training space, this has significant and widely recognised limitations. Every learner is unique and this is reflected on how they process and retain information. And for many, providing engaging and interactive content offers a more inclusive and accessible learning experience, especially for those that are predisposed to a visual and kinesthetic style of learning.

Immersive learning is a hugely effective way for many learners to develop their knowledge and skills. It provides artificial, digitally created content and environments that accurately replicates real life scenarios so that new skills and techniques can be learned and perfected. Learners aren’t simply passive spectators; they get to be active participants who directly influence outcomes. And what’s more, it offers a risk-free and safe space where learning can be repeated and success can be accurately measured. It’s practice-based learning where the sky is the limit.

Types of Immersive Learning Technology

From immersive learning in schools, to practical work based training, to informal educational experiences such as interactive museum exhibitions, getting to know the different types of technologies is the first crucial step for educators looking to embrace immersive.

Each type of immersive technology can bring unique benefits that can be applied in different ways within a learning context. These include:

Virtual Reality

Virtual reality (VR) completely immerses learners in alternative digital worlds. Content is accessed through VR headsets such as a HTC Vive or Oculus Quest, often combined with headphones and hand controllers that allow the learner to navigate their way around their virtual space.

Augmented Reality

Rather than blocking out the real world, augmented reality blends it with digital content. Digital assets can take many shapes and forms, so it can be flat and 2D, which is great for instructional information, or be more complex and ‘real’ in 3D. Content can be triggered by specific objects or geographical places. Mobile devices, such as smartphones and tablets allow the learner to access content, making it easily accessible. Widely recognised examples include Pokémon Go and Snapchat filters.

Mixed Reality

Mixed reality combines elements of virtual and augmented reality. Like augmented reality, it overlays digital content with the real world. This content is anchored to and interacts with objects in the real world. A major difference between mixed and augmented reality is that in mixed reality, digital assets can be visibly obscured by real world objects.

360 Film

360 degree video tends to be live filmed, rather than computer generated. Although you can access this content via a VR headset and are fully immersed in an environment, the learner is anchored by the filmmaker’s viewpoint. This means that the learner can move their heads to see the world around them, but interactivity is lost as they can’t walk around independently or interact with their surroundings. It’s a great way to introduce virtual field trips, transporting students to far flung places without leaving the classroom.

Immersive Learning vs Experiential Learning

Immersive learning can be compared to experiential learning techniques. Although closely related, there are some key differences that set them apart from each other.

Use of technology

Immersive learning relies entirely on technology such as virtual, augmented or mixed reality to access content and experiences, whereas this is typically not the case for experiential learning.

Linear vs non-linear

Experiential learning is designed in a linear way, where specific actions have right or wrong outputs. Immersive learning explores non-linear activity where a learner’s actions can reveal numerous possibilities. It’s a more holistic approach where there isn’t always a right answer.

Thinking capacity

Immersive learning relies on a dynamic environment where 100% of the learner’s thinking capacity is required, whereas experiential learning takes places in a static environment that can require far less from the learner.

Benefits of Immersive Learning

Ultimately, immersive learning exists to provide learners with new skills and increase their knowledge base. Whether learning is being applied in schools, colleges and universities, in workplaces or beyond, it is hugely beneficial for individuals at all stages of their lives.

Improved learning through doing

Immersive learning builds on decades of neuroscience research, which shows that our brains are in effect tricked by digital content, so we tend to react to immersive experiences the same way we would in the real world. This makes immersive learning a gamechanger for practice-based learning, as it indicates how we would react in real life scenarios.

It provides a distraction free environment

With the advent of mobile and digital advances, modern life is increasingly full of distractions that we just can’t resist. But this has the potential to have a negative impact on learning experiences and a learner’s ability to learn and retain information. Virtual reality offers a particularly effective tool in this respect, as it blocks out the real world, providing a distraction-free environment where learners can completely concentrate on the task in hand.

Practice makes perfect

Repetition leads to perfecting techniques and significantly improves retention of learning. Immersive technologies provide the space to repeat activities and explore different outcomes based on the learner’s different actions and reactions. This is especially crucial for practical training, as it helps to build muscle memory and perfect specific techniques where errors in the real world could be catastrophic, such as intricate surgical skills for medical students.

Brings learning to life

Although immersive technologies offer a brilliant way to develop practical skills, it also has the potential to help learners to fall in love with learning and spark curiosity. Virtual reality has the potential to transport the learner to different times and places, and AR’s ability to enhance and increase our understanding of the world around us. A great example is the Natural History Museum’s Hold the World project, which introduces learners to rarely seen specimens from the museum’s collections – and all with Sir David Attenborough as your personal tutor.

It is truly user centred learning that can be personalised

In a traditional classroom setting, learners are often working in a way, or at a speed or level that doesn’t work for them. Some will find it too slow and may lose interest, whereas others may struggle to keep up. Unlike more traditional forms of learning techniques, immersive learning can be truly tailored to meet the needs of each individual, meaning that each experience is unique and can be undertaken at a level and pace that meets their needs.

Measurable

Learning experiences from the classroom to the workplace need to be measurable to ensure the level of comprehension and proficiency on the part of the learner. Future Visual’s VISIONxR(™) platform highlights how immersive learning can be built with evaluation at the heart of any experience. The learner’s experiences can be monitored in real time by their teachers, trainers or peers, giving them the chance to get immediate feedback. Additionally, performance data can be recorded for analysis after the experience has taken place – and also repeated at a later date to test retention of knowledge and skills.

It’s a safe space to learn

Whether you’re wanting your students to visit hard to reach and dangerous places, or teach new practices and procedures, by recreating real life scenarios in a digital space, immersive learning provides a safe and risk free environment to explore and learn from mistakes made.

Best Practices for Effective Learning

Ultimately, immersive learning, like any form of education and training, exists to increase a learner’s knowledge base or arm them with new skills. Adopting immersive technologies can add significant benefits to a learner’s educational experience, however its successful development and implementation can be challenging.

There are key practical steps that educators can take when introducing immersive technologies into their education and training programmes, including;

1 – Exploring if immersive is the right learning tool

Remember that immersive learning is simply another channel to engage with a learner – it is not the driver. Before committing to an immersive learning programme, make sure that your learning objectives and desired outcomes are clear and that immersive technologies will help you to achieve this. Introducing tech for the sake of it runs the risk of it simply becoming a costly and ineffective gimmick.

2 – Choosing the right technology for the job

With each immersive technology coming with unique benefits and downsides; adopting the right one for the job is crucial. Subject matter is a key factor; for example transporting a learner to Mars may work best in VR, but be less impactful in AR. Other considerations could include whether you want it to be a shared experience, how much physical space and time you have and, crucially, what your budget is. The technology (in addition to content) also needs to be age appropriate; for example, if a child is at an age where they would be accompanied by an adult in the real world, would you want to put them into a fully immersive, solitary VR space?

3 – Clear onboarding & safe environment

Immersive technologies can be fun and engaging learning tools, but they can also be daunting to new users. Ensuring the learner feels safe and understands what they are doing is essential. Before starting any experience, your learner should be given clear and simple instructions on how the hardware works, what to expect in the experience (and what is expected of them) and how to leave an experience if they feel uncomfortable.

You may also want to consider how you guide the learner through the experience, for example, providing a friendly avatar guide for prompts and navigation.

4 – Planning your structure

If you are used to planning classroom based content, you may need to think differently about the structure of an immersive learning experience. Remember that the learner potentially has far more control, so different scenarios and actions need to be pre-empted and storyboarded. Don’t forget that bite sized experiences are generally far more effective for keeping learners engaged and focused – a maximum of around 20 minutes for even the most experienced immersive users.

5 – Keep it learner focused

Whether you are teaching primary age children or highly skilled professionals, you need to ensure that any immersive learning experience is focused on the user. When developing immersive content, you need to consider their tech levels and tolerance in terms of duration.

Remember that immersive learning isn’t a magic tool or quick fix to solve every educational or training challenge. As an educator, you need to consider how immersive learning can complement, rather than replace other forms of learning and add value. And don’t forget it can be expensive; in addition to the cost of hardware such as headsets, you need to factor in the cost of content development when creating bespoke experiences to fit into your course curriculum.

Immersive Learning & VR

Virtual reality offers the ultimate immersive learning experience. By donning a headset and headphones, learners are transported out of the real world to a virtual space.
It is a tried and tested way of giving learners unique vocational training by replicating real life scenarios and adding gamification to course content. But virtual reality can also open up a world of inspirational content for learners that can be seamlessly blended with existing course curricula. Innovative examples such as ClassVR highlight how virtual reality can be adapted to meet the needs of learners of all ages, bringing interactivity and visually spectacular content into the classroom environment to help improve literacy, contextualise existing knowledge and improve engagement and knowledge retention. Moreover, it can help students to get creative by developing their own immersive content.

Conclusion

Immersive learning is an incredibly effective way for people of all ages and experience to broaden their knowledge base and perfect new skills. Technological advances in the last few years, from VR headsets becoming more affordable and the increasing functionality of mobile technology has meant that immersive technologies are now moving from niche to mainstream.

These advances are opening the doors for educators to embrace and exploit the power of immersive learning – and for learners to learn without limits and fulfil their true potential. While immersive learning cannot replace traditional learning techniques, it can significantly contribute to make learning more engaging and impactful. And that’s an exciting lesson to be learned by us all!

Quelle:

Immersive Learning – What it is, Benefits and How to Implement

1. Juli 2021 0 comment

Examples

More than a gimmick: Benefits of VR Training that impact your ROI

Training in VR offers unique and exciting ways to learn new skills. But if you’re thinking of introducing immersive technologies into your company’s training portfolio, how can you ensure that it offers a viable, long term solution to your skills needs, rather than being seduced by gimmicky tech?

As VR technologies become ever more sophisticated, there is tangible evidence of the benefits of immersive training. By giving employees the chance to experience hands-on, practical training in a safe virtual environment, skills are learned faster, retention of learning is improved and workplace productivity and safety can increase. What’s more, there are cost benefits too.

Five key benefits of VR training

1. Improved learning and performance

The 70/20/10 model for learning and development highlights that people learn from job-related experiences, as 70 percent of what people learn is experiential, compared with 20% learned from others and 10% through formal learning.

Learning by doing is therefore a far more efficient and effective way of learning new skills, retaining information and changing behaviours. The power of virtual reality lies in its potential for creating a realistic space where learners can get hands-on experience that focuses on specific work-related tasks. Crucially, it allows them to make mistakes, get instant feedback through performance related metrics and easily repeat exercises numerous times to quickly improve proficiency. This includes:

· Highly skilled, technical training

Advances in VR platforms means that hyper real environments and scenarios can be developed. This means that complex technical tasks can be easily replicated, so that training exercises truly reflect daily working practices. Learners are able to repeat these virtual tasks, building muscle memory that helps with retention of learning, which can then be implemented in real life. For example, healthcare practitioners can gain the chance to learn and practice intricate surgical procedures in a risk-free environment, ultimately leading to better patient care.

· Process driven skills

Companies are also embracing VR to improve efficiencies by addressing process driven skills. The gamification of procedures such as preparing food at KFC, through to DHL warehouse box loading allows employees to problem solve and work smarter by learning in a fun and results-driven environment. It also allows businesses to introduce consistency of working practices across different sites and countries.

· Business and soft skills training

The benefits of VR training for soft skills, such as customer service, delivering speeches and social behaviour in the workplace are increasingly being recognised. VR removes the need for awkward and uncomfortable role playing scenarios with colleagues, which can be counter-productive for learning.

· Team collaboration

Moreover, VR can help to improve team performance by creating collaborative training experiences that improve workflows by giving teams a space to address skills issues around interdependent tasks.

Future Visual and IATA won won the Technological Solutions award for their training platform RAMPVR

2. Making the impossible possible

For many sectors, such as defence, oil & gas, aviation, manufacturing and healthcare, learning on-the-job is just not viable. Hostile working environments, non-stop production lines and learning life-threatening procedures make practical training far too high risk or operationally impossible. Paradoxically, in many of these cases, being fully trained is job-critical, as failure could have devastating consequences.

In these instances, VR can replicate hazardous scenarios in a safe, but realistic learning environment to practice highly skilled and risky tasks. Learners can effectively and efficiently hone their skills by failing, learning from their mistakes and repeating exercises. Additionally, learners can work more confidently, mitigating costly mistakes and making workplaces safer.

Read about Future Visual and IATA’s award winning RampVR, the aviation industry’s first VR training platform for ground operations.

3. Speeding up the learning process

In business, time is money. Training employees quickly and efficiently contributes to increased company productivity – and fully immersive training experiences give learners the chance to learn new skills faster – and retain that knowledge.

Virtual reality also creates a distraction-free environment – allowing learners to learn smarter and faster. A study by Microsoft highlighted that humans’ attention span is worse than goldfish, finding that we generally lose concentration after eight seconds – which isn’t conducive to learning effectively. By donning a VR headset, we can block out real world distractions so that we are more likely to fully concentrate on the task in hand.

4. Reducing costs

The long-term cost benefits of introducing VR training make good business. The initial necessary investment in hardware is outweighed by both direct and indirect savings. Once your course is developed, costs of rolling it out at scale are minimal, as it removes the need to hold repeat courses and potentially hefty trainer fees.

Furthermore, there are also tangible indirect cost savings from minimising downtime and removing the need to halt production, through to increasing productivity by having better trained and proficient employees.

5. Remote training and accessibility: great for your company, great for the planet

The great thing about virtual training is that you can be virtually anywhere in the real world to do it. For VR, the need to bring employees together at the same time, in the same physical space is irrelevant. For many employees, this makes training more accessible, as it can take place anywhere – even if undertaking team training with others.

For companies based across multiple sites or even countries, in addition to those with an increasing number of remote workers, VR training has a significant impact on travel and accommodation costs, as well as the additional downtime that needs to be factored in for employees travelling to attend their training. A reduction in travel also has a huge positive impact on a company’s environmental impact.

Future Visual worked with the John Lewis comms team to deliver a Virtual Reality experience for the Flying Spedan, a delivery truck fitted out to take our Virtual Reality experience up and down the country to help connect partners to each other and to the vision of John Lewis.

Conclusion

Virtual reality offers unique, engaging and fun ways to train in a safe, but realistic environment. It offers tangible benefits for individual learners, streamlining workflows through teams training together and contributing to a safer and more productive workplace. That’s far from a gimmick – it’s good business sense.

Quelle:

More than a gimmick: Benefits of VR Training that impact your ROI

25. Mai 2021 0 comment