14 Apr 2023
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Mike Boland
Finding ROI in VR Training
AWE USA 2022
Welcome back to AWE Talks, our series that revisits the most engaging content from AWE’s catalog of conference sessions. To gear up for AWE USA 2023, we're diving into the most insightful and evergreen sessions from recent AWE events.
This week, we examine the value proposition for enterprises that implement VR training, and how they go about measuring ROI. What are key considerations and metrics? VR Vision's Roni Cerga walks us through it.
See the summarized takeaways below, along with the full session video. Stay tuned for more video highlights each week and check out the full library on awe.live and AWE’s YouTube Channel.
And check out the AWE USA 2023 speakers and agenda to get excited for the big show...
Speakers:
Roni Cerga: CEO, VR Vision
– VR has proved effective at training employees in various fields and job roles.
– Its efficacy is due to levels of immersion that engender high memory recall.
– This is especially valuable in high-risk fields such as industrial operations.
– There, the stakes are high in making sure front-line workers are well-trained.
– It can also help wherever certifications are required, such as forklift operators.
– But it's easier said than done to initiate and implement VR training programs.
– Requirements include hardware, modeling, interaction design, and MDM.
– Though this involves investment, there's often positive ROI in the benefits
– Those benefits include boosts in skills proficiency and technician confidence.
– They also include a reduction in travel costs and employee onboarding time.
– To quantify a cost/benefit analysis, VR Vision has devised an ROI calculator.
– This level of empirical analysis can help enterprises justify their investment.
– For example, Toyota Material Holdings realized positive ROI in VR training.
– It uses VR to train technicians in key processes across 230+ dealerships.
For more color from Cerga on the ROI calculator and training implementation processes at Toyota, check out the full video below.
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