VR technology is recognized for its business potential

Virtual Reality (VR) may have started life as a niche product in the game industry, but the benefits are now transferred to the broader business field. With VR, businesses can create a true life simulation at risk-free risk, cost-effective. The VR and AR (Augmented Reality) application is only limited by our own imagination. While technology still has several ways to go before touching the mainstream, here are five important business applications for VRs that are being used now.

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1) Training

In 2017, Walmart partnered with Virtual Reality Creator Strivr, to prepare employees for Friday's black sales. Generating employees in an environment such as long queues and crowds is the perfect way to prepare them for events that are not everyday events. It also eliminates the need to disrupt normal business operations for training purposes.Speakers can upload their presentation slides to virtual space, experience interference, and receive real time feedback on their delivery. In the medical sector, VR allows health professionals to practice in a risk-free environment that is not possible in the real world. Oculus works with the Los Angeles (CHLA) children's hospital to train staff for high-risk pediatric trauma cases.

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2) Retail

Retail offers some of the most explicit VR commercial applications. In brick and mortar shops, VR hot mapping technology like that from Yulio VR tracks shopper gazes in stores, providing detailed patterns of areas or products that attract their attention. This allows retailers to test and improve their store views, signage, and layout to maximize consumer experience and expenses. VR also allows buyers to explore products in a way of life. In 2016 IKEA launched a virtual reality kitchen experience in Australia to help customers find kitchen features and imagine how they feel their own. According to the 2017 survey by L.E.K. Consultation, around 70 percent of initial technology adopters are eager to use AR and VR technology for shopping purposes. The VR shop has never been crowded, has a very attentive assistant, and facilitates a very personal shopping experience.

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3) Construction

The use of virtual reality in construction has a number of benefits. The ability to explore construction plans on a scale of 1: 1 through VR also bridges the gap between the real world and designer imagination - let them visualize the full-scale effects of their designs. The virtual reality portfolio has also evolved as a way for architects to showcase their work to prospective clients. New technology makes it easy to change the paper plan into a 3D computer model, and then become a deep VR simulation. Exploring building design through VR helps potential clients better understand the work of the architect.

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