Virtual Reality and Augmented Reality have been around for more than 25 years now, but it still seems that they are in their nascent planes when it comes to their versatility. There is a group of developments towards their deployment and there is an improvement in their performance by the industry, and it is growing up pretty great. Why not? These technologies give Augmented Reality and Virtual Reality solutions in this industrial and digital period. The requirement to connect the digital and real-world appears important for businesses to allow them to promote and get a huge aggressive benefit when the market is tough and competitors are numerous.
AR and VR in Industries
Who would require to risk not using the new technologies such as AR and VR which have the prospective to bring huge advantages to all the stakeholders included, giving a win-win situation? We wouldn’t need to, and we think you wouldn’t need to both. In the industrial field, the shift towards VR and AR is just starting to get a drive, and with the technological advancements, AR and VR are poised to be the showrunners when it comes to the practical training of the workforce with the introduction of several AR VR app Development. They also have applications in helping as the first direction, education, and maintenance tools for the different industries. With complicated methods in position in high-end industries, thousands of small parts and equipment help important ideas, and also a minor error can create great downtimes and requirements for the company. AR and VR together with proposed IoT methods in place can decrease the needs significantly, and also result in greater uptimes, more reliable quality products, and also better customer expertise for organizations practicing them in their sales and approaches.
The industry requires a difference in training methodology
Own training methodologies in several industry structures become of top preference, as it has a personal influence on the plant and process procedures, and in turn influence on profitability and sustainability of the companies. We have already stressed enough that conventional training approaches are not sufficient and rather time-consuming and that maintenance levels are normally low, apart from these it is an expensive affair, whereas AR and VR training decreases the costs significantly, boost the retention rates significantly, and there is a decrease in training time by more than 50%.
Realizing the importance of Experiential Learning
As per the 70-20-10 model in learning and development, 70% of the learning occurs from experiential learning, or learning on the job, by completing different tasks and methods. 20% comes from social learning, in community learning, in networking expertise and training and mentoring. Amazingly, only 10% of the learning is regular.
This is where AR and VR training comes into the picture, and it provides an experiential learning environment wherein the students can engage and join in a practical situation, and they can connect the gap between the genuine and digital era seamlessly.
AR is 25% practical and 75% real, whereas VR is 75% implicit and 25% original.
With the AR VR App Development industry growing, there is no basis for businesses to stop in using these technologies in their training forces and rather give an aggressive edge when executed the best way.
With AR and VR training execution and in-built analytics tools, we expect a great reputation when it comes to the effectiveness of the training delivery in business development.
It will assist in decreasing the whole of safety events or crimes by more than 25%. As per Ford, the foundation of VR in the manufacturing method appeared in an injury conversion rate of 70%.
Operational Faults –
It will assist in decreasing the number of errors by more than 90% post the AR-VR training delivery.
Our research proposes, that user retention will grow by as much as 80% with the opening of AR-VR training mode methodologies if made the right way.
One research showcases the continuous progress in the companies practicing the Virtual Reality Training procedure using gamification models as a top learning priority, which was 18% in 2016 and boosted to 30% in 2017, This is fact for ‘high result’ businesses, in which the companies face a high level of administrative and compliance obligations.
Training Time –
It will assist in decreasing the training event by more than 50% with natural and effective usage on the training modules securing important cost-cutting and human resource optimization. Moreover, the person could come up to more than 100% discounts, based on technological flexibility which slowly develops over time.
As obvious, there is a huge range for organizations to come out of their comfort zones, and search new limits in giving value to the workforce, the stakeholders, and to themselves, for obvious reasons, and benefits which AR-VR training leads to all the stakeholders, as discussed earlier as well. Augmented Reality Technology gives that opportunity, and soon is the time for companies to leverage technology to give impactful and immersive training cost-effectively.