Cost and Effect: Virtual Worlds and Training Budgets

Bottom-Line Performance

Virtual worlds do not fit into this particular trend. However, this does not mean that virtual worlds can’t be the most cost effective solution for a particular training project. Along with other complex simulations or learning games, virtual world learning solutions can be the most effective solution in a variety of situations. A l ot of business have explored sales training in virtual worlds.

Virtual Worlds in Learning

Bottom-Line Performance

The first few posts will be about how virtual worlds are being used. Like those cool gadgets in the December catalogs, though, we might well ask whether virtual worlds are something that will fit into our everyday lives (like my ipod), or something that will end up taking up closet space (like, well, my husband’s ipod). Accenture also did a study on virtual worlds in training. Have you ever used a virtual world in your organization?

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Virtual Worlds and Compliance

Kapp Notes

Here is an interesting move in the virtual world space. The companies have combined ProtonMedia’s ProtoSphere virtual immersive environment (VIE) with Kaplan EduNeering’s ComplianceWire learning management system. With this integration, a company can now schedule, launch, and track ProtoSphere virtual meetings, conferences, and other learning sessions from ComplianceWire. 3D worlds virtual immersive environment

Answering Some Virtual World Questions

Kapp Notes

The metrics or measurements we need to use in 3D virtual immersive environments must be the same we use in physical environments. We must tie virtual world training events to real world outcomes and that requires pre- and post-test measuring with a comparison to gage impact of the 3D virtual world intervention. We can’t use paper and pencil assessment to measure virtual world outcomes, instead we must.

Developing a Results Driven Curriculum

support staff from around the world. picture of the costs of. be rollout meetings or some other face-to-face or virtual introduction to the. We’ve helped some of the world’s. Kineo helps the world’s leading businesses improve performance through learning.

GeT Value: A Per Course Cost Analysis

Global eTraining

We’re here to give you the real cost analysis, the real price-per-course figures, and show you – in the most relevant sense – how investing in Global eTraining is worth every penny. The post GeT Value: A Per Course Cost Analysis appeared first on Global eTraining.

New Whitepaper Released: Collaboration in Virtual Worlds

Kapp Notes

Check out my newest whitepaper titled Compliant Collaboration & Learning in Virtual Immersive Environments. The whitepaper describes how life science companies are effectively leveraging virtual worlds to successfully facilitate collaboration and training. Just as flight simulator technology helps pilots avoid errors, retrace incorrect reactions and prepare for worst case scenarios, 3D virtual immersive environments serve a similar role in the life science industry.

Random 3D Virtual World Statistics

Kapp Notes

Sitting at my virtual desk gathering statistics. Here are some interesting Virtual World Statistics gathered from a number of different sources. In the fourth quarter of 2009, total registered accounts in the virtual worlds sector reached 803 million. From Virtual world registered accounts reach 800m Check out the great chart while you are there. From Virtual Worlds Best Practices in Education Conference - March 12-13 PS.

The newest realities of the business world are Augmented & Virtual

QuoDeck

Augmented Reality & Virtual Reality have changed the way corporates look at content dissemination. Running tests in a virtual environment simulates a real world experience without the high costs involved in real life testing. Your employees are placed in the midst of the action and they can interact with objects just like in the real world. They can also be assessed on their learning in the same virtual environment to derive real-time assessment data.

The cost of video learning vs. in-person courses

Your Training Edge

E-learning holds the image of being more cost effective and convenient than classroom or lecture based training. In the past 30 years, as first televisions and now mobile devices and computers have grown around the world, learning by video has become one of the rapidly growing fields in education and training [1]. It becomes necessary to determine the pros and cons of both side, so as to establish the cost which we might bear as a result of ignorance.

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Performance Tracking Through Virtual Reality

CHRP-INDIA

Virtual Reality based immersive training method combines cognitive learning with simulation-based training. With 3-dimensional design and live data fed through the Internet of Things, virtual reality training has successfully mirrored industrial scenarios in a safe work environment. Some of the equipment or machinery required to complete the training are costly, highly inaccessible without protective gear, and often pose life-threatening risks. .

OpenSim and virtual worlds

Moodle Journal

Apart from my work here at Bromley Colleg with Moodle and all that that involves, some time ago, I think it must be about 7 or 8 years now, I discovered 3DML and started to do some developing with buidling 3D worlds or Spots as they were called back then. But then the world moved on, which is when Second Life appeared; if you look down the left side bar you will see the link or slurl to one of my sims.

The Benefits of Virtual Mentoring

Chronus

March 11, 2020, the day the World Health Organization announced a global pandemic, marked a new era for professional life as we knew it. In today’s post, explore the benefits of virtual mentoring and how it can help your organization stay connected and engaged. What is Virtual Mentoring? Virtual mentoring is a strategy that helps organizations foster meaningful relationships and maintain personal connections, even while team members are working from home.

ProtoMedia/Kaplan EduNeering Big Virtual World Announcement

Kapp Notes

ProtonMedia will use the funds to extend its leadership position within life sciences by further integrating its ProtoSphere virtual collaboration environment with ComplianceWire®, Kaplan EduNeering’s validated cloud-based learning management system. “ProtoSphere is powerful online business software that improves learning and retention of business-critical information, all at a lower cost,&# said Jason Palmer, Senior Vice President of Kaplan Ventures.

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Get Your Local Government into a Virtual World

Kapp Notes

If you are a local, state or even national government official interested in virtual worlds, you can get your own piece of digital realestate at GovGrid. A virtual immersive environment constructed strictly for governments. As the site says: GovGrid is a 3D, multi-user virtual world created to connect government and engage citizens. There is no cost for this option; however, there are limited spaces and each space is granted for a 6-month period.

Virtual Reality Training: Pros and Cons

Roundtable Learning

What is Virtual Reality? Through a VR headset , learners enter a virtual world created with video or through a fully simulated environment. VR is a more immersive technology than AR , as it takes away your view of the real-world and any distractions in it.

Engaging Participants 4: Virtual Engagement

Your Training Edge

Most organizations have turned to various forms of online and virtual training because it is cost effective, it reaches a wide audience, and it serves many generations of learners. But we can’t forget that virtual training is not simply there to take the pressure off of the classroom staff. Virtual training, in all of its forms, must be engaging, just as if the content was being delivered in a classroom.

Characteristics of a Virtual Classroom

LearnDash

For example, one popular movement today being used in the education industry is the virtual classroom, but what exactly does this mean? The idea itself is not that hard to conceptualize, but often the characteristics regarding a virtual classroom are not discussed. Below are some of the key components of a virtual classroom. A virtual classroom allows both learners and instructors around the world to participate in live classes to collaborate and interact.

How the leading Oil and Gas companies adopted Virtual reality

CHRP-INDIA

Oil and gas companies are seeking creative ways of capitalizing on the benefits of virtual reality (VR) technology for sub-surface research, training and simulation, and processes/product development and improvisation. Some Top oil and gas companies of the world banking on virtual reality.

Virtual Reality Real-Time Use Cases

CHRP-INDIA

Manufacturing, a typically labour-intensive process, is now adopting technology to boost productivity and save costs. Virtual Reality Technology is being used in many verticals in various capacities, very often inculcating job processes and training or introducing a fresh concept to a large section of the audience. Thus, it’s an easy statement to make that Virtual Reality is bringing mass revolution and is certainly here to stay.

6 Tips To Cut Online Training Costs With A Rapid eLearning Authoring Tool

eCoach

Let’s look at 6 ways these austerity measures can be implemented so that you can cut online training costs with a rapid eLearning authoring tool. In the world of eLearning, not starting with a plan can lead to unnecessary expenditure. Minimize Your Labor Costs. Applying an eLearning template reduces costs by cutting down man-hours. Divert the saved hourly costs to another part of the eLearning project.

Virtually there – VR AR World London

Rob Hubbard

I took a trip down to London recently for AR VR (Augmented Reality Virtual Reality) World. There were some interesting developments in haptic feedback – essentially ways to make it feel like you are touching a physical object in virtual reality. Some; but it’s still expensive, so it’s typically only used where other forms of training are more costly / dangerous / substantially less effective – or it’s a vanity project. It’s virtually there – but not quite

How Finastra Made Virtual Sales Training Scalable, Sociable, and Repeatable

Allego

Finastra, the world’s third-largest fintech company. “Overnight, we went from 450 on our sales team to 750,” said Anna Hiett, Finastra’s global head of sales training, during a presentation at November’s virtual Sales Innovation Expo. Virtual Training

5 Benefits of a Virtual Office to Your Company

Your Training Edge

Thanks to the benefits that a virtual office brings to the table, employees can maintain a good sense of work-life balance, while employers can easily overcome the challenges of handling an offshore team. Here are the main advantages of a virtual office. Not having to pay rent, utility, and equipment will significantly lower your company’s overhead costs. Combined with flexible policies, a virtual office space will allow your employees to work according to their preferences.

Virtual Reality Training and Development Best Practices

CHRP-INDIA

The fact that Virtual reality solutions are reaching skies of demand, you should also know the demand for trained professionals is also going high. There are few advantages about Virtual Reality in eLearning training will help you stand out in the market and will almost guarantee to give you desired work. A few years back when virtual reality was an emerging concept it was way too expensive , affording a VR headset was a cost of around 15 lakhs Indian rupees back then.

Virtual Learning: Rewriting the Playbook in Turbulent Times

Talented Learning

How Will the Coronavirus Shape Virtual Learning and Work? As a result, we should be ready to help organizations adopt virtual learning solutions and integrate them into their workflows. Every LMS customer operates at a different point along the learning content journey, from live instructor-led-training to virtual classroom delivery to self-paced online content. To ensure proper use of this equipment, 3M will also need to provide immediate access to virtual learning.

Innovation Workshop: Virtual Reality, Augmented Reality and 360 Video Explained

Coreaxis

Virtual reality and other forms of innovative learning will help your employees: Learn by doing Enhance creativity Create memorable experiences Visualize complex functions. Implementing immersive learning into your learning design is an effective way to bring innovation to your team.

Virtual Reality: It’s The Time To Take Your Business To The Next Level

G-Cube

From touchscreen mobile devices to real-world experiences, virtual reality has paved a new way of working and collaborating across the enterprise. Using Virtual Reality to Reshape Digital Landscape. In today’s digitized learning environment, virtual reality (VR) is poised to become a significant workplace tool. Virtual reality is termed as an interactive 3D program in a multimedia environment that delivers an immersion effect for the viewers.

How can Virtual Reality Training change your Business?

CHRP-INDIA

From design to production, and everything in-between, virtual prototyping is being used extensively in industries such as aerospace, real-estate, shipbuilding, and more, ensuring that errors are discovered early, saving on hard-work and associated expenses later on.

What’s Happening in the World of Virtual Training Software?

ReadyTech

Today’s virtual training software–or virtual instructor-led training (VILT) software to be more specific–and techniques are evolving at an incredible pace. The report provides useful data to help improve the operations and effectiveness of virtual training software and virtual training programs. This includes costs related to technology, travel and transportation, as well as productivity loss experienced by students taking time away from work.

3 Keys To Impactful Virtual Classroom Training

Abilitie

Virtual classrooms are now becoming more commonplace as well due to the increase in available broadband and the next generation of reliable conferencing software, such as Zoom. Since 2014, Abilitie has been offering both our People Management and our Financial Acumen simulations as fully virtual experiences as alternatives to our in-classroom experiences. In 2019, more than one-third of those simulations we delivered were fully virtual. Virtual Training

How to Effectively Use Virtual Coaching Programs For Employee Training?

Your Training Edge

As the world of corporates has started offering useful employee training programs, employees in 2020 will have more reasons to be satisfied with their jobs. However, many employers are still having a tough time trying to implement these virtual coaching programs. And so we try to answer one of the most frequently asked questions related to virtual coaching — how to effectively use virtual coaching programs for employee training.

How Leadership Training Must Change in a WFH World

CLO Magazine

Digital coaching platforms may offer a solution — they’re lower cost, easier to scale, and most important right now, don’t require getting people in the same physical location. Perhaps most important from a cost-benefit perspective, digital coaching platforms cost a fraction per user of what in-person training does and can scale up to support everyone who needs it. Leadership Development Virtual L&D coaching Coronavirus covid-19 digital coaching remote workforce

Interesting Virtual World News: 3D training for Clinical Trials

Kapp Notes

just announced an entire new way of conducting training for clinical trials using virtual worlds as the backbone of the solution. Interesting development as the healthcare space seems to be a large mover in 3D virtual worlds and immersive environments. ProtonMedia and PPD to Introduce New Virtual Clinical Trial Training Solution. ProtonMedia and PPD, Inc.

10 Low-Cost Ideas for Employee Training

The Training by Nelle Blog | Corporate Training and Consulting

So, What Will it Cost Me? In terms of pricing, Microsoft PowerPoint (standalone, not including full Microsoft Suite) will cost you about $109, for 1 user (both PC and Mac) in the Microsoft Store, but you can shop around and check out other vendors such as Amazon, Overstock or Office Max/Depot. So, What Will it Cost Me? ON-DEMAND WEBINARS On-demand webinars are a great and cost-effective way to train your employees - as they can access the content anytime, anyplace.

Vmware ESXI Nested Virtualization

Cloudshare

One of the benefits of nested virtualization is running multiple hypervisors on the same host server. This includes ESXi hypervisors , which can be installed as a virtual machines. The solution, commonly referred to as Nested ESXi, opens the door to a lot of interesting use cases such as development and testing , virtual training , or virtual sales demos and POCs. ” – “Isn’t normal Virtualization good enough anymore?” Virtual Sales Demos.

8 Scary and Uncomfortable Reasons for the Growth of Virtual Worlds

Kapp Notes

While I think there are many legitimate reasons why an organization should partake in virtual immersive environments (VIEs) for learning and collaboration, there are also some "less-than-comfortable" reasons organizations are leaning in this direction. They are looking for safer alternatives to meeting face-to-face and virtual worlds is an option. Cost Cutting With the recent economic meltdown, even organizations that aren't in dire straights have put the breaks on travel.

Sheila Jagannathan: Teaching the World

CLO Magazine

But over her career they have blossomed, and Jagannathan, now lead learning specialist and program manager of World Bank’s Open Learning Campus, or OLC, has been active in this evolution. In 2001, after spending time in the private sector and with government agencies, Jagannathan joined the World Bank Institute in Washington, D.C., The World Bank has clients and staff across the globe, many in developing countries with few resources to travel for training.

Partnering with TRALIANT, leading the LMS World

PSB

Moreover, the cost efficiency and scalability of such solutions also add value to cloud-based deployment models. The following training mostly focuses on Virtual Learning Assistance, Social Learning, and Content Creation from varied Sources. . The post Partnering with TRALIANT, leading the LMS World appeared first on Paradiso eLearning Blog.

Virtual Meetings vs. Video Conferencing: Workplace Collaboration and Training Tools

Roundtable Learning

Today, thanks to technological advances, the team at CNH Industrial uses the most advanced communication technology available, virtual meetings , to traverse the ocean between them — merely by donning a headset. In this article, we’ll explore the differences between video conferencing and virtual meetings, and we’ll examine their place in workplace training and remote collaboration. . What Are Virtual Meetings? Here’s How Virtual Reality Can Help.