Now more than ever businesses are thinking about new ways to train their employees. Virtual and Augmented Reality hold key benefits when it comes to training:
· VR makes high-risk environments safe learning spaces for employees.
· Immediate feedback can be given to employees
· VR enables one to interact with hard to reach situations (like oil rig hazards)
· AR can be helpful for situations that are on the job
· These technologies can shorten the onboarding process by 50%
· VR/AR makes learning a new skill fun and interactive
· It is suitable for many different learning styles
2. What We Will Explore
Why Now?
Fears
General Use Cases
Specific Use Cases
Market Trends Conclusion
3. What are the benefits?
● VR makes high risk environments safe learning spaces for employees.
● Immediate feedback can be given to employees
● VR enables one to interact with hard to reach situations (like oil rig hazards)
● AR can be helpful for situations that are on the job
● These technologies can shorten the onboarding process by 50%
● VR/AR makes learning a new skill fun and interactive
● It can build teams
● It is suitable for many different learning styles
4. Or maybe it could be?
“But, safety is not a game”
“It is very difficult, nearly impossible, to train in an actual mine rescue situation
where there’s been a disaster, or something unexpected happened underground,
and people have to rush in and make timely decisions in order to save lives,” says
Duval. “You can’t replicate that in a training environment.”
- Don Duval, CEO of NORCAT
6. Problems to solve
1
“The U.S. and other advanced economies
have suffered a severe drop in
productivity growth since the great
recession. In the United States,
productivity growth averaged just 0.5%
per year from 2011 to 2016, compared to
3% from 1996 to 2005” according to the
Bureau of Labor Statistics.”
2 By 2020, 25% of the American
workforce will be over the age of 55
and approaching retirement, a
phenomenon becoming known as the
Silver Tsunami.
3
A 2015 Deloitte study estimates that
there will be 3.5 million
manufacturing jobs available over
the next decade in the US, 2 million
of which will go unfilled.
7. Numerous studies are now finding that there is an increasing skill gap between job
requirements and the available labor pool.
WHY IS THIS?
“According to the U.S. labor department, a majority of manufacturing jobs now require
partial or full college education, which is in stark contrast with the situation at the start of
the 21st century, when the majority of manufacturing jobs were filled by workers with
only a high school education.” - Harvard Business Review
8. The Partnership
Between Humans and
Smart Machines
When AR smart glasses are used in manufacturing,
warehouse or field of service environments -
overlaying information such as video, graphics or
text onto physical objects - the partnership enhances
the worker's ability while still putting them in a
central role to completing the task.
The device improved the worker’s performance
by 34% on first use.
9. The Future of VR/AR
● According to a report from Zion
Market Research, the global VR
market was valued at $2.2 billion in
2016 and is expected to grow to
$26.89 billion by the year 2022.
● The 2016 report predicts $300 million
in revenue for VR/AR educational
software in 2020, and that figure is
expected to grow to $700 million by
2025.
10. Wearables
“Wearable augmented reality devices are especially
powerful, as they deliver the right information at the
right moment and in the ideal format, directly in
workers’ line of sight, while leaving workers’ hands-free
so they can work without interruption….If they
encounter problems, they can launch training videos or
connect by video with remote experts to share what
they see through their smart glasses and get real-time
assistance.” - Harvard Business Review
13. NORCAT has developed a
fire extinguisher augmented
reality program where
individuals use an actual fire
extinguisher with an
augmented reality screen
attached to it.
U.S. Federal Emergency
Response Agency uses
IMMERSED VR to teach
disaster managers about
mitigation techniques specific
to significant flood events.
Solutions in looking at how
HoloLens could Aid Space
Station Maintenance and
Repairs on oil rig equipment
can be taken through
diagnostic repair are already
being explored.
14. Rather than rolling a second truck with
more senior technicians when a
strange problem is discovered, top
talent can now work from a central
location and literally see what the field
service teams are seeing from their
augmented glasses.
A recent U.S. government report
estimates that half of all electrical
lineworkers will retire within the
decade causing a shortage of
manpower that could affect America’s
energy grid.
03
15. Conclusion
Just as the smartphone was adopted by employees long
before corporate training apps were created, millions of
workers are engaging with augmented reality on their
phones and tablets today. Their familiarity with these
devices will make training the worker of tomorrow much
more manageable.
“VR is going to permeate everything. How do you stock the
shelves in a grocery store or how do you design something
up front before you build it? It’s kind of like saying ‘What
industries might use the Internet one day?’ Well, they all
will.” - Jim Colvin, CEO of Serious Labs.
CEO