The Virtual World Technologies and Their Business Applications

Science fiction often portrays photorealistic virtual worlds as exciting and captivating to the extent that we would wish such experiences to become part of our daily lives. However,  despite these imaginative depictions, we have not yet reached the point of actualizing such virtual landscapes in our world. We can only enhance the virtual world and make it appear as realistic as possible. Due to technological enhancements, the digital world is becoming more entangled with our daily lives.

An average person now spends 6.9 hours on the internet compared to 2016’s 3.2 hours. The time spent browsing through the internet isn’t determined by the user being online but where they are online. For instance, millennial and Gen Z gamers spend at least 11 hours every week playing online games. As the places where we spend our time and energy online change, so does the internet. The internet has transcended from a flat 2-dimensional space into a 3D Web2 world with immersive experiences. In this article, we explore the rich opportunities of virtual world adventures and their application in different industries.

Virtual Reality (VR)

This technology has changed the gaming landscape with new and exciting experiences. It has empowered gamers to immerse themselves in stories and virtual worlds. VR makes games more realistic by improving social interaction and interactivity and creating a sense of presence that makes gamers feel like they are part of the game. The power of virtual reality has also birthed heightened levels of emotions and engagement that couldn’t be achieved with conventional gaming platforms.

Besides gaming, this technology also applies in the education and health sectors as can be seen below.

VR’s Unique Experiences in Gaming

For game developers and players alike, VR technology offers a new dimension to the gaming experience. In the casino gaming industry, VR has helped make classic casino games more realistic and enjoyable to a wide variety of players. For instance, playing classic poker has now been transformed into an immersive virtual experience, where you can sit at a virtual table, read your opponents’ body language, and engage in realistic interactions, all from the comfort of your own space. This experience has led to a renaissance in the way you can perceive and engage with popular casino games like poker.

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The Health Benefits of VR

Virtual reality is also helping users to live a healthy life by making workouts easier and interesting. Various medical studies have proven that VR offers beneficial roles, especially in physical training. This technology can help create virtual workout sessions that appear real to the user. Such sessions encourage physical fitness, especially for kids and people with busy schedules. It can also assist in dealing with mental health issues, muscle retention, and weight loss.

Benefits of VR in Education

Virtual Reality through immersive 3D experiences has considerably improved learning. For example, the gripping simulations of the Pearl Harbor attack at the USS Arizona Memorial magnificently teach this history by engaging the viewers’ emotions as it takes them through the series of events on that fateful day. Such simulations show how integrating educational materials with VR makes learning enjoyable while also enhancing memory retention. Moreover, VR can make exploring sites like the International Space Station possible for students, teachers, and aspiring astronauts.

Metaverse

The metaverse is powered by technologies such as Augmented Reality (AR), the Internet of Things (IoT), Virtual Reality (VR), blockchain, and Artificial Intelligence (AI). This 3-dimensional space lets users interact with fellow humans as well as non-human characters known as avatars in a seamless fusion of physical and digital realms.

The metaverse’s influence is growing, and both people and enterprises are using it. In the industrial sector, the metaverse is primarily applied where it serves as a pillar of economies. It heralds commercial changes using a virtual industrial version that provides corporations with instant access and real-time visibility of operations. This enables firms to reconfigure operations continuously as the demand and supply of markets change.

The benefits of the metaverse are evident to both industries and workers as can be seen below.

How It Benefits Businesses

The industrial metaverse helps improve employee motivation and engagement for businesses by optimizing work and attracting diverse and skilled professionals. This promotes sustainability, renews business models, and boosts productivity.

How It Benefits Workers

For employees, this tech enhances collaboration and knowledge sharing between users and practitioners, boosts hybrid-work possibilities, augments task expertise, eases language barriers, and improves collaboration between countries. The immersive environment created by the metaverse also enhances workers’ innovation skills and creativity. As a result, they end up enjoying clear visual guidance when executing tasks, which in turn helps in preventing mistakes.

Augmented Reality (AR)

AR has revolutionized the landscape of gaming by seamlessly blending the real world with virtual gaming elements. This innovation has led to a new level of immersion, where players can interact with virtual characters, objects, and scenarios within their own surroundings. For example, Pokémon Go was a pioneer in AR gaming where it uses the technology to encourage players to explore their neighborhoods in search of digital creatures. This experience shows how we can seamlessly interact with the virtual world.

The AR technology can also be applied in the industrial setting to increase safety, efficiency, and productivity. Industrial AR uses specialized mobile apps, glasses, or goggles to overlay digital info on the real-life view of the user. Unlike VR, augmented reality produces calculations, statistics, and other data to enable industrial workers to understand their surroundings.

The industrial applications of this technology are discussed below.

Product Design and Development

AR has enabled industries to do away with time-consuming prototyping and concepting tasks. Using this technology, industries can create a visible end product in the design phase, enabling them to make low-cost improvements and changes without wasting time.

Repair and Maintenance

Augmented reality doesn’t require a technician to be present to conduct repairs or maintenance on-site. They can instruct any individual wearing an AR headset to do this task effectively. The AR systems can also provide valuable data about plant machines, like the date of previous maintenance, operation times, and potential failure points. This information can help predict and prevent mechanical issues and breakdowns.

Assembly

Augmented reality sensors and swift data analysis abilities also give workers insight into complex tasks. In the assembly process, AR systems can overlay simple instructions and blueprints to direct employees to do the task. This guidance greatly minimizes assembly errors and also reduces training time.

Quality Control

Since the quality control process hasn’t been automated yet, industries can use AR to do this task faster. A quality control expert using AR glasses can swiftly get details of defective goods and specifications, and this minimizes the hassle and time for visual inspection of each product.

Order Picking

AR can also provide easy and quick access to data for your inventory. Through this technology, workers can promptly know the goods’ location and easily navigate the warehouse. They can also quickly estimate order pick times and inventory levels. In turn, this improves efficiency in the warehouse and also saves time for workers and clients.

In Summation

According to Gartner, by the year 2026, at least 25% of the population, age notwithstanding, will spend at least one hour of their day engaging with the virtual world via AR, VR, or Metaverse. This is due to the numerous online experiences and diverse opportunities the virtual world offers its users. Over time, a shift will occur in the internet space, where the digital-centric landscape will evolve to allow virtual technology to take precedence.

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