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What are the Business Benefits of XR (Extended Reality)?

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Technology has the potential to revolutionize how we function in the real world. We are in a digital age where physical and virtual worlds are merging, and technologies are modernizing many industries. The COVID pandemic and the shift to work-from-home have only accelerated this convergence since we spend most of our time in front of screens. Extended reality (XR) technology is offering us fascinating ways to interact with products and services, boosting consumer engagement and satisfaction. XR technology was once seen as a sci-fi concept, but it is gaining prominence in many industries. The global XR market size valued at $31 billion in 2021 is expected to grow to $300 billion by 2024. In this blog post, we will discuss what extended reality is and explore how businesses can benefit from it. In this blog, 1. What is Extended Reality (XR)? 2. Five Fantastic Benefits of Using XR in Business      2.1 Enhanced Customer Engagem...

Why XR Technology in Business is Here to Stay

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Extended reality is a big buzzword in technology right now. Extended reality refers to the immersion into a digital world, and business persons have been quick to jump on the XR train to see what it can do for their business. It hasn't always been this way, however. For a long time XR technology was confined to gaming and training for pilots and military members. In recent years, perhaps in the last decade or two, XR has gained more recognition as a tool for every day business operations. There are reasons why XR technology in business is here to stay, so let's get into it. What is XR (Extended Reality)? To really understand they "how," it's important to first understand the "what." What is extended reality? Very simply put, it is an extension of the physical world into an immersive digital one. This can be one where images are projected onto a physical space (called augmented reality) using a display device, or have images displayed in a headset (virtua...

21st Century Skills for Students: The Long-Term Benefits of Virtual Reality

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Many changes have happened to the world in the last several decades. One of the most obvious is the advancements in technology and the way that people move through and react to the world. As a result of this change, many employers are requiring different skillsets than they used to based around these technological advancements, and are both influencing and are influenced by the changes made. These 21st Century Skills have become vital requirements in landing jobs from multiple sectors. It's becoming increasingly more important for students everywhere to learn these critical skills and internalize them. Virtual reality services have created a beneficial place for students to turn to in order to practice the skills necessary for jobs in today's market. The long-term benefits of virtual reality haven't been studied extensively, however, there area reasonable deductions that can be made based on the immediate benefits of the technology. What Are 21st Century Skills? The Applie...

Explaining the Uses of XR Technology in the Manufacturing Sector

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Companies in the manufacturing and industrial space are constantly searching for techniques to make their processes more efficient, productive, and cost-effective. As technology advances at a rapid rate, many organizations are beginning to realize that using immersive technology in their business can solve a series of problems, like slow/expensive product development, complex training requirements, etc. A few years ago, extended reality technology was perceived as a mere tool to enhance the entertainment industry. However, XR is quickly gaining prominence in many industries, including the manufacturing sector. By adopting XR technology, companies can maximize productivity and minimize safety risks in the workplace. In this blog post, we will explore some use cases of XR in manufacturing and how it can benefit your business. In this blog, Use Cases of Extended Reality in the Manufacturing Sector 1. Immersive Training and Guidance 2. Remote Customer Suppor...

Is Virtual Reality Worth it?

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Even though the technology is not new, virtual reality is still an emerging tech. It has spent several decades on the periphery of mainstream spotlight, sitting just off to the side while other technologies took center stage. In recent years, after events that unwittingly facilitated the change, virtual reality development was pushed into the spotlight and is finally getting the recognition it needs to gain momentum in mainstream media. With this sudden push, there are those who question the field as a whole, claiming that it is a mere gimmick. Virtual reality is a software that, when combined with head mounted displays and sensors, offer the user an immersive environment capable of tricking their brains into believing they don't occupy the physical space they're in. Because it has been so often used in entertainment some people are skeptical. It's understandable, given its main use has been in game development, an area that people often don't take seriously. What other...

Why and How Virtual Reality is Growing

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Almost sixty years ago, Ivan Sutherland and his student Bob Sproull created the Sword of Damocles, a head mounted display (HMD) that hung over the user's head from cables and poles rigged into the ceiling. The name, Sword of Damocles, refers to the ancient moral parable of Damocles of Sicily in the 4th Century BCE. In this story, he happily traded places with the king only to find that the king had placed a sword over the throne, where Damocles was required to sit. This sword was held up by just one horse hair. The phrase in turn refers to the unpredictability of life and the existence of potential danger. It was probably used because of the sheer size of the hardware and how it hung over the wearer's head like a threat. Today, virtual reality users don't have to fear death by device because advancements in virtual reality development have scaled that original HMD to one that fits in a bag and doesn't give the user chronic neck pain. But that's not the only reason t...

Three Types of Virtual Reality and How to Use Them

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Virtual reality is one of the biggest buzz words among mainstream media in recent years, and for good reason. Advancements in VR development have not only created jobs, but made a significant impact on workplaces, schools, and the medical system- in finances, training, and patient care. Virtual reality has drastically improved the effectiveness and training time in many industries and created an increase in connectivity and efficiency in the work place. With this rise in awareness of virtual reality and its use cases, many people are considering using virtual reality to one degree or another. One thing to note is that there are three types of virtual reality and each has a different reason for use. But first, what is virtual reality? What is Virtual Reality and How Does It Work Virtual reality is one end of the XR or extended reality spectrum, where one end supplements the physical world with digital information (augmented reality) and the other (virtual reality) removes the physical w...