What is Augmented Reality & Will It Make Money?

What is Augmented Reality?

Mobile augmented reality is still quite young but it is already attracting a lot of attention. It is the process of overlaying digital information onto the real world. Think of experiencing an app by a rock band where you can insert yourself into the concert and jam right along with the band. Technically impressive…yes! The business model and how you can make money with it is clearly still evolving.

That’s a polite way of saying mobile “AR” is really cool but no one knows how to use it yet but that doesn’t mean we should not be paying attention.

 

Perhaps one way Augmented Reality will be used is with with Industry-Based Learning

The modern world has experienced a great transformation in learning. There has been a shift away from self-study and workshops toward mobile training apps and learning management systems. However, human resource training experts are still in search of better learning solutions that can further improve their learning opportunities.

It is no wonder that augmented reality training falls among the hottest trends in the corporate learning industry. Most HR practitioners love these programs because of their possibilities. The 2014 sensor data survey reported (with regard to mixed reality training) that there was explicit proof that augmented reality training actually works. The survey revealed that Mobile AR’s offer significant advantages when you use them for training guidance.

For one, they eliminate the need for completing a task twice. Additionally, mobile augmented reality programs reduce the chance of making a mistake by 90 percent. By reducing the number of times you need to look at a device by 50%, these applications also enhance concentration levels for users. Even though this survey was carried out among engineers, one can assume that HR experts from other sectors can also take advantage of mobile augmented reality programs and use them to cover multiple types of training.

 

Healthcare Real-Life Practice

The Atlantic article highlights that most physicians and nurses in the United States don’t get a chance to put their skills into practice during training. It translates into a national wide shortage of nurses since most of the young professionals without practice don’t get a chance to secure employment. Healthcare experts are looking for ways of enabling on-work AR training that has applications such as DASH and anatomy 4D to solve this problem.

AR applications can assist healthcare workers to gain a skilled hand while safely performing procedures with the assistance of AR visual guidance. It is compatible with both living people and mannequins, and can capture the whole or parts of the human body frame, carry out an analysis on it and display additional tips according to the procedures you select upfront. For example, it can mark for you the exact sport for administering an injection or show you the region to examine for a given diagnosis.

 

Manufacturing: Introduction to the Job

You will discover that factory workers may require 6-month introductory training before they can independently work with a given machine in a safe manner with no need for supervision. Employees need some time before they become experts who can quickly recognize, replace, utilize, or fix complex machine units, systems, and mechanisms.

A mobile app can not only replace a supervisor but also reduce the training time. The application captures each section and provides a summary of what this detail is capable of or meant for. It will also show you how to carry out the operation through markers or arrows on the mobile screen.

It also comes with an option that allows you to add a voiceover with the facts that the trainee requires to understand. You could also attach a related video to the mobile application. The app can also analyze a condition of different mechanisms and report with immediate effect if there is need to adjust some details into the right position. Therefore, the employees will not acquire any erroneous practice skills.

 

Retail-Knowledge Review

Auditors and merchandisers are already widely making use of mobile apps in their daily workflow. You can combine these mobile applications with AR features to support training. You can customize the app to reflect a specific product category or brand for it to provide tips accordingly.

For example, a merchandiser will be able to capture a shelf of cereals. The application will be able to check that all the SKU faces are arranged in properly and display a notification when there is a mistake. This will spare the trainee the costs of real-life errors from the usual trail and error methods where one build’s up experience over time.

 

Car Insurance-Knowledge Testing

Car insurance deals with mechanisms just like manufacturing. Therefore, the ability of mobile AR applications for augmenting an auto can be helpful in introducing the trainees to this industry. They can adopt a similar functioning like the Audi AR and Volkswagen apps.

The advantage of AR software is that it can analyze the model of a car or even multi-models and compare it with the stored information of undamaged vehicles and identify the damage. The application can calculate and estimate the cost of repairs according to the prevailing industry rates and test whether the employee calculated properly. It can give them one, three or even five attempts to type the variations. The app will display the correct summation and provide a detailed explanation on how to provide the estimate correctly.

 

Selecting and Integrating the Device

Until recently, augmented reality was only accessible through gadgets like Hololens and Google Glass. However, AR for tablets and Smartphones has become an alluring option in the modern world. The development of mobile applications can tailor AR software logics to fit to any device.

However, AR for tablets and Smartphones can be inconvenient in industries where individuals need to use both hands to operate equipment, work in conditions that don’t allow them to hold a device or where they wear special gear. You will want to be sure it makes sense to provide AR equipped eye wear for your company. You might want to also combine AR training with classroom studies. It’s advisable to integrate these processes with the education management system of your company.

 

AR software for mobile devices and eyewear can enable safe training in action, decrease the time required to complete tasks and improve learning results. Most industries can implement AR training including insurance, manufacturing, retail and healthcare trades. Companies can integrate these process for one or multiple learning steps as they make it an important component of their blended learning program.

 

source http://www.business-opportunities.biz/2017/03/07/augmented-reality/