VR In The Workplace

Enterprise Virtual Reality for Business: Everything You Need to Know

Harness the power of virtual reality for your enterprise. From implementation to benefits, we cover all aspects of enterprise virtual reality.

VR Guide

Mar 10, 2024 — 10 min read

Step into the future of business with enterprise virtual reality. Explore how this cutting-edge technology is revolutionizing the way companies operate, collaborate, and innovate within a virtual workspace. Discover the endless possibilities and benefits that Enterprise Virtual Reality brings to the table, from enhanced productivity and efficiency to immersive training experiences. Dive into this blog to uncover how your organization can leverage the power of virtual reality to stay ahead of the curve in today's dynamic business landscape.

What is Enterprise Virtual Reality?

person in his office using Enterprise Virtual Reality

Enterprise Virtual Reality (Enterprise VR) refers to the utilization of immersive and interactive technologies within a business setting. This innovative approach leverages VR headsets to create virtual environments that can be applied to various business functions such as design, training, and collaboration. By immersing users in a simulated reality, Enterprise VR enhances training outcomes, boosts project creativity, improves team productivity, and enables engaging product demonstrations.

The Rise in Immersive Headset Shipments and Projections for VR Market Growth

The adoption of Enterprise VR is on the rise, as evidenced by the significant increase in immersive headset shipments. In 2019, headset shipments surged by 92%, followed by another 70% increase in 2020. Looking ahead, projections indicate continued growth in the VR market, with VR headset shipments expected to increase by 42.88% year over year.

The Augmented Reality (AR) segment is forecasted to grow by 94.1% year over year in 2023, according to IDC data. This growth trajectory underscores the growing importance and potential of Enterprise VR in transforming business operations.

Enhanced Training Outcomes and Improved Collaboration with Enterprise VR

One of the key benefits of Enterprise VR is its ability to revolutionize training programs within organizations. By creating realistic simulations and interactive scenarios, VR training modules can enhance learning outcomes, increase retention rates, and provide employees with hands-on experience in a safe virtual environment.

Enterprise VR facilitates remote collaboration by enabling geographically dispersed teams to interact and work together in a shared virtual space. This seamless collaboration enhances communication, fosters creativity, and improves overall team efficiency.

Empowering Business Innovation through Immersive Product Demonstrations

Enterprise VR offers a powerful tool for showcasing products and services in a captivating and immersive manner. By creating virtual prototypes and simulations, businesses can provide customers with engaging product demonstrations that allow for interactive exploration and customization.

This immersive experience not only enhances customer engagement but also enables businesses to gather valuable feedback, iterate on designs, and drive innovation. Ultimately, Enterprise VR empowers businesses to stand out in a competitive market by delivering compelling and memorable experiences to their target audience.

Recent Advances in Enterprise VR Value Chain

vr set near phone - Enterprise Virtual Reality

In the realm of Enterprise Virtual Reality (EVR), the year 2023 has emerged as a pivotal juncture, showcasing significant advancements and contributions from tech titans such as Meta, Apple, and Lenovo. This milestone year witnessed a surge in the adoption of VR applications within businesses, propelled by the launch of tailored VR devices for commercial use by these industry leaders.

In tandem with this, the accessibility and affordability of VR technology reached new heights, with a broader selection of VR devices available and the Meta Quest 2 seeing a price reduction to $299, making it more accessible to businesses of varying scales.

Democratization of VR Technology: Impact on Businesses

The democratization of VR technology has brought forth a wave of change, enabling a diverse range of organizations to embrace VR for purposes ranging from training to immersive experiences and collaborative work.

This democratization has not only expanded the reach of VR within the business landscape but has also facilitated the integration of VR solutions into various operations seamlessly. The surge in hybrid and remote work setups has underscored the importance of immersive in-person communication experiences, with VR stepping in to bridge the gap and cater to the evolving needs of the workforce.

Innovative Uses and Security Measures in Enterprise VR

Businesses have been quick to leverage the unique capabilities of VR technology, utilizing it for distinctive product presentations, interactive training sessions, and immersive experiences that drive unparalleled engagement and immersion among stakeholders.

The significance of ensuring robust security measures within the VR ecosystem has come to the forefront, with seamless integration of VR devices with secure software solutions becoming imperative. Notably, certifications like the ISO/IEC 27001 received by platforms such as Glue for secure VR collaboration underscore the growing emphasis on data security within the EVR landscape.

How Is Virtual Reality Used In Business?'

person attending business meeting - Enterprise Virtual Reality

VR in business environments has revolutionized corporate training by offering immersive digital simulations of real-life scenarios. This transformative technology is particularly beneficial for industries such as healthcare, aviation, and manufacturing.

By providing a realistic environment for skill development, VR accelerates learning curves, reduces traditional training costs, and offers valuable analytics for performance enhancement. Through interactive experiences, employees can hone their skills effectively, making VR an indispensable tool for modern training programs.

Elevating Product Presentations with Immersive VR Experiences

Immersive VR experiences have reshaped product presentations, allowing customers to virtually interact with complex systems and high-tech equipment. By enabling potential clients to immerse themselves in the product, VR enhances audience engagement and facilitates informed decision-making.

These virtual presentations effectively communicate the value propositions of products, leaving a lasting impression on clients and driving sales. In the realm of business, VR product presentations are a game-changer in capturing attention and showcasing products in a dynamic and innovative way.

Bridging the Gap: Remote Collaboration Through VR

VR serves as a catalyst for remote collaboration, providing teams with a shared virtual space to interact despite geographical barriers. This cutting-edge technology enhances engagement, ensures active information absorption, and fosters profound impacts on collaboration.

By eliminating the constraints of physical travel, VR significantly reduces company expenses while facilitating seamless teamwork. Through remote collaboration, businesses can harness the power of VR to bridge distances and foster efficient communication among team members.

Redefining Meetings: Virtual Collaboration in Business

Virtual meetings and collaboration in business have been redefined through the integration of VR technology. By offering a seamless transition to remote collaboration, VR simulates in-person interactions, supporting a wide range of collaborative activities. From meetings and screen-sharing to whiteboarding, brainstorming, 3D design, and data visualization, VR enhances productivity and creativity in business settings.

For instance, a global pet-food company leverages VR for in-person-like sales meetings, providing 360-degree views of factories and aiding in the planning of shelf displays. In the realm of business, VR-enabled collaboration is reshaping traditional workflows and paving the way for more immersive and engaging interactions.

8 Benefits Of Virtual Reality In The Enterprise

inside closeup view of Enterprise Virtual Reality

1. Unlocking Advanced Recruitment Assessment Capabilities

Enterprise Virtual Reality (EVR) revolutionizes the recruitment process by providing in-depth assessments of potential employees. Through immersive simulations and scenarios, recruiters can evaluate candidates more comprehensively, ensuring the right fit for the organization.

2. Streamlining the Onboarding Process

With EVR, the onboarding of new hires becomes a smoother and more engaging process. By immersing employees in interactive training modules and virtual environments, organizations can accelerate learning curves and integration into company culture.

3. Elevating Training Standards

EVR offers a safe and controlled space for skill acquisition and practice, particularly beneficial for industries like healthcare, aviation, and manufacturing. Employees can undergo realistic simulations and hands-on training, enhancing their expertise in a risk-free environment.

4. Visualizing Big Data in a Tangible Way

Complex data sets can be challenging to comprehend, but EVR simplifies this process by visualizing information in interactive and understandable formats. This capability enables teams to explore data in virtual environments, leading to better insights and decision-making.

5. Strengthening Organizational Security Measures

By integrating EVR into security protocols, organizations can enhance their security measures. From simulating security breaches to training employees in crisis management, EVR contributes to a more robust defense against potential threats.

6. Driving Cost Savings through Innovation

EVR significantly reduces costs associated with product development and employee training. By minimizing the need for physical prototypes and materials, organizations can achieve substantial savings while fostering innovation and efficiency.

7. Enhancing Customer Engagement Experiences

EVR provides unique and immersive experiences that elevate customer engagement and satisfaction. Through interactive virtual tours, product demonstrations, or customized experiences, businesses can create memorable interactions that resonate with their audience.

8. Enabling Global Collaboration and Connectivity

With EVR, global collaboration becomes seamless and inclusive. Whether for virtual meetings, screen-sharing, whiteboarding, or brainstorming sessions, EVR bridges distances and fosters teamwork as if all participants were in the same room, driving productivity and creativity in a virtual landscape.

Adopting a VR Culture

person attending a vr meeting - Enterprise Virtual Reality

Incorporating VR into the enterprise setting involves dispelling the misconception that VR is solely for entertainment or personal use. By showcasing the professional applications of VR, such as training simulations, virtual meetings, and data visualization, businesses can demonstrate the practicality and value of VR technology in the workplace.

Identifying and Presenting Compelling Applications of VR

To foster a VR culture within a business, it is crucial to identify specific use cases where VR can bring tangible benefits. Whether it's enhancing employee training through realistic simulations, improving collaboration through virtual meetings, or streamlining product design with immersive prototyping, highlighting these compelling applications can drive adoption and integration of VR technology.

Showcasing Real-life Examples and Benefits of VR

Demonstrating real-life success stories of companies that have leveraged VR to improve efficiency, reduce costs, or enhance customer experiences can inspire others to explore VR solutions. By showcasing the measurable benefits, such as increased productivity, reduced errors, and enhanced creativity, businesses can see the value that VR brings to the table.

Highlighting How VR Improves Business Operations and Employee Performance

VR has the potential to revolutionize business operations by offering innovative solutions for tasks such as remote collaboration, training, and visualization. By emphasizing how VR can streamline processes, boost engagement, and empower employees to work more effectively, businesses can see the direct impact of VR on operational efficiency and overall performance.

Emphasizing VR's Role in Facilitating Enterprise Growth Through Innovative Solutions

By positioning VR as a tool for driving innovation, businesses can harness the technology to create new opportunities for growth and expansion. Whether it's developing cutting-edge products, reaching new markets through virtual experiences, or fostering a culture of creativity and experimentation, VR can be a catalyst for enterprise growth and success.

Turn Your VR Headset Into a Spatial Computer with Fluid

Fluid allows you to create a flexible workspace in XR on the Meta Quest. With Fluid, you can place big screens anywhere in augmented reality. Fluid enables flexible workspaces and entertainment, cloud gaming, and much more. The most game-changing feature of all: Fluid allows you to create a virtual workstation with VR/AR using the Meta Quest, with virtually any screen size. You can create your own $5,000+ work setup in VR/AR, and take it wherever you’d like to.

Fluid solves remote working and remote work collaboration, long-distance relationships, remote teams, small startups with distributed co-founders, gamers that want a portable VR/AR gaming set, students, and much more. Turn your VR headset into a spatial computer for free today with Fluid. Break free from physical screens, watch content on a big screen from anywhere, get into a deep flow state by being immersed in your work, and create a flexible workspace anywhere with Fluid.

Get The Apple Vision Pro Experience for A Fraction of The Cost With Fluid

Fluid, a groundbreaking technology, revolutionizes the landscape of Enterprise Virtual Reality (VR). By enabling users to create a flexible workspace in XR on the Meta Quest, Fluid offers a myriad of advantages for various sectors. One of the most prominent features of Fluid is its ability to place large screens anywhere in augmented reality.

This capability opens up a world of possibilities for users, allowing them to design their ideal work or entertainment setup. Whether it's for cloud gaming, remote work collaboration, or simply creating a virtual workstation, Fluid empowers users to customize their XR experience to suit their needs.

Enhancing Remote Work and Collaboration

Remote work and collaboration have become increasingly common. Fluid addresses the challenges of remote working by providing a platform where users can create virtual workspaces with any screen size. This flexibility is invaluable for remote teams, small startups with distributed founders, and professionals looking to optimize their workflow. By breaking free from physical screens, users can immerse themselves in their work and boost productivity.

Empowering Entertainment and Gaming Experiences

Beyond the realm of remote work, Fluid caters to entertainment and gaming enthusiasts. With the ability to create a portable VR/AR gaming setup, users can enjoy an enhanced gaming experience wherever they go. Whether it's watching content on a large screen from any location or getting into a deep flow state while gaming, Fluid elevates the entertainment experience in VR. By transforming the VR headset into a spatial computer, Fluid opens up a world of possibilities for gamers and content consumers alike.

Unlocking Versatility for Students and Individuals

Fluid's versatility extends beyond the realms of work and entertainment. Students can benefit from Fluid's flexible workspace features, allowing them to create an immersive learning environment tailored to their preferences. Whether it's studying in a virtual library or collaborating with classmates in a virtual setting, Fluid enhances the educational experience in XR. Individuals looking to enhance their productivity or creativity can leverage Fluid to create a personalized workspace that fosters innovation and focus.

Fluid is a game-changer in the realm of Enterprise Virtual Reality, offering unparalleled flexibility and customization for users across various sectors. By enabling the creation of virtual workstations, immersive entertainment setups, and versatile learning environments, Fluid empowers users to unlock their full potential in XR.

Embrace the future of virtual productivity and entertainment with Fluid today.