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84% of Businesses Believe VR and AR Will Be Core Technologies in Five Years

According to a new Capgemini study, virtual reality (VR) and augmented reality (AR) will become mainstream for business in the next five years. Capgemini Research Institute surveyed 700 executives in the automotive, manufacturing, and utilities sectors for its "Augmented and Virtual Reality in Operations: A Guide for Investment" report, which was released on Friday. Within five years, 84 percent of survey respondents believe VR and AR will become a core part of their businesses, with 82 percent of those who are already using the technology saying it has met or exceeded their expectations.


AR and VR to Disrupt the Business World in Five YearsBy Bard

Augmented reality (AR) and virtual reality (VR) are two of the most exciting technologies to emerge in recent years. They have the potential to revolutionize the way we interact with the world around us, and businesses are already starting to see the potential of these technologies.In five years, AR and VR are likely to be mainstream for businesses. They will be used in a variety of ways to improve customer service, training, and productivity.


Here are some of the ways that AR and VR are likely to disrupt the business world in five years:

  • Customer service: AR and VR can be used to create more immersive and personalized customer experiences. For example, a customer service representative could use AR to help a customer troubleshoot a problem with their product or service.
  • Training: AR and VR can be used to create more engaging and effective training experiences. For example, a company could use VR to train employees on new procedures or products.
  • Productivity: AR and VR can be used to improve productivity in a variety of ways. For example, AR can be used to provide real-time instructions or feedback to workers.


Here are some specific examples of how businesses are already using AR and VR:

  • IKEA is using AR to let customers see how furniture would look in their homes.
  • UPS is using VR to train employees on how to safely operate their vehicles.
  • Ford is using AR to help engineers design new cars.


These are just a few examples of the many ways that AR and VR are being used by businesses. As these technologies continue to develop, we can expect to see even more innovative and disruptive applications in the years to come.


How businesses can stay ahead of the curve

Businesses that want to stay ahead of the curve in the age of AR and VR need to start planning now. Here are a few tips:

  • Do your research: Learn about the latest trends in AR and VR and how they can be applied to your business.
  • Experiment: Don't be afraid to experiment with AR and VR to see what works for your business.
  • Partner with experts: Partner with companies that have experience in AR and VR development.

By taking these steps, businesses can position themselves to be successful in the AR and VR-powered future of business. 


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