How can companies allow a smooth transition to VR-based corporate training?

VR and AI have been slowly building up popularity in the domain of corporate training due to their capability of providing an immersive, effective, and interactive training experience. As a matter of fact, ResearchandMarkets.com has estimated that the corporate VR training market will be worth around $6.34 billion by 2026. While the prospects may seem enticing, it is important to understand that this form of training is only as effective as its implementation. The process requires careful planning and can be beneficial by keeping a few things in mind:

Identify the relevant cases

In order to implement VR into the training program, it is important to first identify the topics or skills that would benefit from a more immersive learning experience. Such skills may include soft skills like Leadership, Team building, DE&I, and Interpersonal skills in general. Or, it can be used to develop technical expertise as well.

Choosing the right technology

After determining what sort of cases, the VR based training might be used for, next one has to determine the level of technology that might be involved. Factors such as the level of interactivity, the resources, ease of use, time frame, and the level of immersion required can influence this decision. Choosing between a pre-recorded 360 video or real-time conversational AI is a crucial decision for enterprises to consider.

Developing content

The whole point of VR and AI is to make content that is as engaging and immersive as possible. Gamification, simulations, and storytelling can be used to create an experience that will keep the user engaged. Based on a report by Gartner, gamification can increase learner’s engagement by 50% and simulation based learning has been known to boost knowledge retention by up to 90%.

Train employees to use VR

Before implementing the VR based training program, it is important to make sure that the target audience knows how to use the facility. Enough support should be provided in order to make sure that everyone is comfortable using the technology in order to reap the benefits properly. This is highly paramount as only 6% of the general population has had some experience with VR.

Measure its impact

In order to gauge whether the program is beneficial or not, it is important to track engagement, retention rates, and other metrics to determine whether or not a program is effective or not. A report by PwC shows that VR-based training can reduce training time by 35%, and increase employee performance and confidence by 20%.

To conclude, VR and AI based training can be used to build engaging training experiences for the corporate world. By keeping the aforementioned practices in mind, companies can ensure that their programs are successful and provide a good return on investment. As the market keeps on growing, companies can use these guidelines to make sure that they remain competitive.

In what way does Orbit-Ed contribute to this situation?

Orbit-Ed, an AI-powered immersive VR training solution, utilizes behavioural scoring and personalized training routes based on research. It evaluates trainees by examining more than 50 data points encompassing speech, visual cues, hand gestures, and language, offering data-driven insights into their strengths and areas for improvement.

For instance, trainees can focus on honing their conversational abilities and receive unbiased, real-time scores on attributes like Confidence, Performance, Preparation, and Engagement. Consistent practice results in the cultivation of winning behaviours. For instance, 89.51% of the trainees who have used Orbit-Ed’s communication training solution have appeared to be more confident. Therefore, Orbit-Ed is your right training solution.

Orbit-Ed offers various use cases, including leadership training, virtual onboarding, technical skills learning, diversity, equity, and inclusion (DE&I), empathy coaching, and customized modules aligned with an enterprise's key performance indicators (KPIs) and desired business objectives.

At Orbit-Ed, we are Turning Data into Behavior Excellence.