Why have employers turned to VR? Better efficiency at decrease value. “Time savings and, therefore, cost savings is the number one [return-on-investment] driver,” mentioned Derek Belch, founder and CEO of Strivr. VR has the potential to supply each. Instead of inviting folks to journey to a coaching for a day or per week, they’ll supply anytime, anyplace training in 15- or 20-minute classes. “A medical school whenever you need it,” as Murthi described it.
But the advantages will be seen in different methods. The starkest instance got here when a gunman killed 23 folks at a Walmart in El Paso, Tex., in 2019. Walmart CEO Doug McMillon mentioned VR coaching helped save lives, as a result of workers had been ready by an active-shooter coaching state of affairs. “I’ve done it myself,” McMillon informed Fortune. “And there’s something about doing that through VR that helps you, in some ways, live the experience and understand the steps that you need to take.”