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  • Peter Lamont, Esq.

VR is Changing the Way We Do Business

Virtual Reality is revolutionizing the way we do business. It's not just for entertainment anymore! Companies are using VR to train their employees, increase productivity, and create an immersive, collaborative work environment.


Virtual Reality or VR, has been around in various formats for years but it is only recently that it has become more mainstream and affordable. VR headsets such as the Oculus and Playstation VR are now available to consumers at a relatively low cost. With this increase in availability and affordability, businesses might what to consider how they can use VR to improve productivity within their organization.


WHAT IS VIRTUAL REALITY?


Virtual Reality is an artificial, three-dimensional environment that is created using software and hardware. The user wears a headset that displays stereoscopic images to create the illusion of depth. This creates an immersive experience in which the user can interact with their virtual surroundings.


It is important not to confuse Virtual Reality with Augmented Reality. If you use a smartphone you likely have experienced Augmented Reality. Augmented Reality is the addition of digital content to the real world. For example, many furniture store apps allow you to see a particular piece of furniture in your house using Augmented Reality. Unlike Augmented Reality, Virtual Reality is an entirely artificial environment.

VR can be used for a variety of purposes including training, marketing, and product development. In this blog post, we will focus on how VR can be used to increase business productivity.


VR AND THE MILITARY


The Department of Defense has been using VR to train soldiers for years. The use of VR in training allows the military to create a realistic environment that is safe and efficient. The benefits of using VR in military training are numerous. To begin with, it demonstrates to be a successful and cost-effective alternative in the face of government military budget reductions. Furthermore, this method of training allows the military to practice situations without risking any human life. It saves money, lowers risks, and increases trainees' safety.


In one study, it was found that the use of VR resulted in an 88% improvement in marksmanship accuracy. This is because VR provides a realistic experience that allows soldiers to practice and improve their skills without putting themselves in danger. VR can also be used to recreate real-world situations such as battle scenarios or rescue missions.


BUSINESS AND VR


The use of VR in business is still relatively new, but there are a number of ways in which it can be used. There are a variety of ways for various industries to integrate VR into their existing business environment. For example, in the automotive sector, VR can be used for design reviews, manufacturing, and quality inspection. In the medical field, VR can be used to train surgeons and to help patients with conditions such as phobias or anxiety disorders.


VR can also be used to improve productivity is by allowing employees to train in a virtual environment. For example, if you are a car mechanic, you can use VR to learn how to fix new models of cars. This is much cheaper and safer than having employees try to learn on the job. Additionally, businesses can use VR for collaboration. For example, you could have a meeting with employees in different locations by having them all put on VR headsets. This would allow employees to communicate and collaborate more effectively than they would be able to through traditional video conferencing.


Architects can use VR to view their designs in a virtual environment before they are built. There are endless possibilities for how VR can be used to increase productivity within businesses of all sizes.


"At the Law Offices of Peter J. Lamont we are increasing productivity through Virtual Reality. We use VR to meet with clients, review evidence, analyze documents, introduce clients to the courtroom, host presentations, and much more."

VR AND SMALL BUSINESS


Virtual Reality is not only for large businesses, small businesses can benefit from the use of VR technology. Small business owners often use independent contractors to work on social media, marketing, accounting, and more. With VR, small business owners can provide their contractors with a virtual environment in which to work. Additionally, VR allows small business owners to bring their entire team together for a virtual meeting. VR offers a far more immersive and effective way to communicate with employees than traditional video conferencing, including Zoom.


In a survey of small business owners, it was found that 86% believe that VR will play an important role in the future of their businesses. Those polled believe that VR is changing the way businesses operate and that to stay ahead of the curve and compete with large companies, small businesses must embrace immerging technology.


CONCLUSION


VR is revolutionizing the way we do business, and it has the potential to make large companies and small businesses more productive by allowing them to work, train, collaborate, and learn in ways that were not possible before. If you are looking for a way to improve productivity in your business, VR might be just what you need!


Do you have questions about a New Jersey Business matter? Do you want to learn about the benefits of VR for your business? Contact us Today at our Bergen County Office. Call Us at (201) 904-2211 or email Us at info@pjlesq.com


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If you would like more information about this post or if you want to discuss your legal matter with an attorney at the Law Offices of Peter J. Lamont, please contact me at pl@pjlesq.com or at (201) 904-2211. Don't forget to check out and subscribe to our podcast and YouTube channel. We have hundreds of podcasts and videos concerning a variety of business and legal topics. I look forward to answering any questions that you might have.


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