• echo3D

How Virtual Reality Is Changing Corporate Training


© fxquadro / Freepik


In the past ten years, corporate expenditures on training and development have exploded. In 2021, U.S. companies alone spent $92.3 billion on corporate training, in the hopes of improving brand quality and retention, as well as their bottom line. With proven long-lasting benefits, effective onboarding techniques are in high-demand, in particular, virtual reality (VR) corporate training tools.

Virtual reality offers a unique advantage in the training industry, as it allows for completely immersive learning, even remotely, as well as constantly updating training content. If employee success and retention are the goal, VR platforms overachieve. VR training tools have a retention rate of 75%, which greatly exceeds the 20% retention attributed to audio-visual learning — the second most effective tool. Here are just three ways in which VR is used for training in a corporate setting.

Remote Team Collaboration

Spatial, which enables users to create virtual spaces in the Metaverse, has leveraged their VR technology for remote workplaces. With telepresence meetings, employees can recreate the office environment or customize the location of their meetings — and invite their 3D avatars to attend. The company offers virtual whiteboards and displays for collaborative work within the digital world, which employees can download and share after the meeting.


© Spatial


Customer-Facing Training

Sprouts Farmers Market implemented the Strivr Immersive Learning Platform to optimize new hire onboarding. The virtual training platform replaced their traditional cluster training sessions, which required trainers to travel across the country to Sprouts stores.

With Strivr headsets, Sprouts immersed employees in core value training, with an emphasis on the brand’s gold standard of customer service. Placing new hires inside a virtual Sprouts store, Strivr’s technology enabled employees to communicate with a range of customers. Employees gain soft skills such as empathy and active listening and learn to navigate difficult conversations and conflicts. The success was tangible — Sprouts saw an 81% reduction in time spent training from 4 hours to 45 minutes, with greater levels of retention and understanding.



© Strivr


 

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Training Employee Safety

Intel, a global leader in microprocessor manufacturing, has turned to virtual reality to train employees in a corporate Electrical Safety Fatality Prevention Program. Developing and integrating VR content, the corporation aimed to decrease the immediate risk of fatal injuries, which occur in one out of every ten electrical accidents.

Trainees immerse themselves in live training sessions and make active decisions in a safe environment, which effectively increased trainee motivation and received a 94% approval rate. Intel employees can watch a playback of their training session for self-evaluation or for a feedback and performance assessments with a supervisor after training was complete. Corporate has also endorsed the training — Intel reported crucial economic benefits of their VR course with an estimated 5-year return on investment (ROI) of 300%.



© Intel / VIVE


At echo3D, we are excited to see how VR technology can further revolutionize corporate training and onboarding. Our 3D-ready cloud platform for 3D content management and distribution helps innovative companies build 3D/AR/VR apps and deliver 3D content instantly across devices. With our fully scalable cloud infrastructure, companies can offset the expenses of difficult backend set up and focus on helping the modern workforce perform.


Sign up to the echo3D platform for free and join the echo3D community to learn more.

By Francesca Cruz


 
echo3D (www.echo3D.co; Techstars 19’) is a cloud platform for 3D/AR/VR that provides tools and network infrastructure to help developers & companies quickly build and deploy 3D apps, games, and content.