Accenture Invests in New Immersive Training Solutions for Business
Grace Mahas — April 20, 2022 — Business
References: accenture & businesswire
Accenture, through Accenture Ventures, recently invested in virtual reality-based, immersive training solutions company Strivr.
Strivr boasts a proprietary immersive learning platform that has helped train over one million employees at some of the most renowned companies across the globe. In addition to increasing the effectiveness of employee skilling and upskilling initiatives, Strivr's VR training platform provides data-driven insights to help inform and enhance businesses' talent development efforts. Since technology is constantly evolving and requires new skills, the new program hopes to address training needs.
"The projected global shortfall of workers’ technical skills due to exponential technology and industry changes, combined with increased employee retention challenges and the ineffectiveness of conventional training methods, has created enormous opportunity for the advancement of immersive learning,” said Tom Lounibos, managing director of Accenture Ventures. “We anticipate that global demand for Strivr's VR-based learning solutions will increase as employers look for ways to more effectively upskill, engage and retain their increasingly remote workforces. In fact, immersive learning is a terrific way for employers to begin leveraging the power of the metaverse continuum.”
The new strategic investment into Strivr by Accenture comes on the heels of the launch of the Accenture Metaverse Continuum business group. The new initiative combines metaverse-skilled professionals with essential business capabilities to help individuals accelerate their journey into the metaverse.
Image Credit: Shutterstock
Strivr boasts a proprietary immersive learning platform that has helped train over one million employees at some of the most renowned companies across the globe. In addition to increasing the effectiveness of employee skilling and upskilling initiatives, Strivr's VR training platform provides data-driven insights to help inform and enhance businesses' talent development efforts. Since technology is constantly evolving and requires new skills, the new program hopes to address training needs.
"The projected global shortfall of workers’ technical skills due to exponential technology and industry changes, combined with increased employee retention challenges and the ineffectiveness of conventional training methods, has created enormous opportunity for the advancement of immersive learning,” said Tom Lounibos, managing director of Accenture Ventures. “We anticipate that global demand for Strivr's VR-based learning solutions will increase as employers look for ways to more effectively upskill, engage and retain their increasingly remote workforces. In fact, immersive learning is a terrific way for employers to begin leveraging the power of the metaverse continuum.”
The new strategic investment into Strivr by Accenture comes on the heels of the launch of the Accenture Metaverse Continuum business group. The new initiative combines metaverse-skilled professionals with essential business capabilities to help individuals accelerate their journey into the metaverse.
Image Credit: Shutterstock
Trend Themes
1. Immersive Training Solutions - Companies can invest in proprietary VR-based training solutions to improve employee skilling and upskilling initiatives and gain data-driven insights that enhance their talent development efforts.
2. Data-driven Skilling Planning - Businesses can leverage the data provided by immersive training platforms to inform their skilling planning and prepare for the projected global shortfall of workers’ technical skills.
3. Metaverse Continuum Business Group - By combining metaverse-skilled professionals with essential business capabilities, companies can accelerate their journey into the metaverse and stay ahead in the game.
Industry Implications
1. Virtual Reality-based Training Solutions - Companies can create VR-based training solutions as a disruptive innovation to conventional training methods.
2. Talent Development and Skilling Solutions - Businesses can leverage the data insights provided by VR training solutions to create cutting-edge talent development and skilling solutions.
3. Metaverse Guidance Consultants - Individuals and organizations can seek guidance from metaverse-skilled professionals to accelerate their journey into the metaverse and stay ahead in the future market.
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