Buzz with AR and VR

2. WHAT’S THE BUZZ WITH AR AND VR? The past two decades have been an evolution for technological advancements in various businesses. There are multiple technologies which are disrupting the way businesses are operating and bringing numerous benefits. The increased usage of the internet, personal computers, and smart phones have launched us into a digital era beyond what we could have imagined. Consider your imaginations are becoming true and viewing everything in real-time is now possible! Augmented Reality and Virtual Reality are a couple of technologies which are here to make this possible.

3. Importance of Augmented Reality and Virtual Reality in various businesses: • In the beginning, Virtual Reality was just correlated with hardware and then it entered the software industry and became a popular player in the Gaming and Entertainment industry in recent years. This has been captured by most companies of the present era with different industrial applications. • Similar to VR, Augmented Reality has made everyone interested in exploring the benefits for different sectors. There are AR and VR experts all over the globe who are good at handling various business requirements and making them true! • Let’s have a look at the role of VR and AR in multiple business areas:

4. Role of AR and VR in Healthcare • These couple of technologies are patching up the healthcare industry by fulfilling the present needs of these services and their purposes autonomously. With the combination of these two high-end technologies, we can expect a great boom in the healthcare market without any doubt! • On implementing them from now onwards, healthcare and medical professionals will be given an option to ‘swipe’ between these couple of technologies for their activities. • This will encourage them to experience a task with higher proficiency, profitability, productivity which can, in turn, enhance their profits as well.

5. Role of AR and VR in Gaming and Entertainment • With the introduction of user-focused technology, every aspect of our life seems to change at a greater pace for every single moment. Incredibly, AR and VR have brought a revolution in the Gaming world which was once considered an impossible factor! • The Gaming industry has displayed fast growth in recent years. Its growth is predominantly by smartphone users who spend an ample amount of time playing the game over phones or new gaming technologies. Globally, it has been assumed that smartphones and the latest technologies have caused a total transformation in the Gaming experience. • VR and AR have reached the mark of sophistication to really engage its gamer.

6. Role of AR and VR in Education • It is important to admit that Education is one of the foundational elements of our society. While education is treated with utmost seriousness, it also comes with issues which need to be rectified. • This is where Augmented Reality and Virtual Reality can be helpful. • The Education sector requires new technologies in order to stay relevant in the ever-changing world and be effective at realizing its mission. • hesecouple of technologies could be the next logical step in the evolution of the Education sector.

7. Role of AR and VR in Manufacturing • In addition to the above industries, Augmented Reality and Virtual Reality have found their places in the Manufacturing industry as well! • Right from design and prototyping to the final production and assembly process, these couple of technologies play a major role! • In the Manufacturing industry, the transformative potential of reality technology is seamlessly tied to the demand for continuous production and non-disruptive performance! • By implementing the combination of Augmented Reality and Virtual Reality in the Manufacturing industry, it can create a virtual simulation of every process in this industry.

8. Role of AR and VR in Finance • The emergence of business applications with AR and VR has been accepted by many industries which also includes the Financial industry. A report by global investment bank Goldman Sachs has estimated Augmented Reality and Virtual Reality to become an $80 billion market by the year 2025. • The key use cases that financial institutions are experimenting with focus on the increased value propositions that can be derived by making the experience more personalized and accessible to core banking systems. • These use cases can vary from basic applications which use location services that help to deliver updates about the nearby ATM and bank branches to dynamic 3D solutions promoting investment advice and banking solutions.

9. Conclusion Read More Website : www.idya.com.au E-mail : info@idya.com.au Call us : +971 55 818 7507 There is no denying that the Augmented Reality and Virtual Reality revolution will change the way industries are operating. Millennials, the generation expected to drive business partners with the implementation of technology, will play a great role in the adaptation of such tech and drive decisions for tech-driven inclusion of solutions in every industry. We at Idya are aware of this fact and help all kinds of businesses in addition to the above stated ones in implementing Augmented Reality and Virtual Reality solutions as per their budget and preferences. You can get in touch with us if you are looking to leverage these couple of technologies and profit your business!