MIT London Symposium Recap – Addressing XR Scalability Challenges for Workforce Training

iQ3Connect was honored to participate in the MIT London Symposium on ‘Value, Values and Platforms for the Future’ which took place at BT’s One Braham HQ last month. This was the third in a series of events including the MIT Vienna Symposium and the Lloyds Sustainaverse Workshop focused on the impact of emerging technologies in shaping larger world issues that include sustainability, ESG, economic values, and social values. The MIT London Symposium featured industry leaders and government officials, including BT clients and stakeholders, in addition to founders and CEOs of 7 selected startups for a transatlantic innovation showcase, with the stated goal to provide actionable insights to all participants.

Many industry and government participants identified sustainable workforce training, skilled worker retention, and knowledge transfer as some of the most pressing challenges they are facing. Alongside several other emerging technologies, virtual reality (VR) and augmented reality (AR) were of keen interest, and at times met with a bit of skepticism due to prior poor experiences.

One of the primary hurdles hindering progress in VR and AR (collectively XR) have been the time and cost associated with building and deploying virtual 3D training and collaboration applications, limiting the realization of business and sustainability benefits when virtualizing training operations. Consequently, these benefits have remained limited to a niche set of use cases, particularly in complex industrial contexts that often require expert users and developers for support. The opportunity to solve these problems at a larger scale requires an entirely new modality/platform for virtual training and collaboration.

iQ3Connect had the opportunity to present our approach of tackling this scalability challenge with several innovative technologies and approaches focused on making immersive 3D training and collaboration easy and accessible to regular users just like any productivity tool. These key technologies enable XR experiences to integrate seamlessly into everyday work, empowering manufacturing companies to bridge the skills gap, reduce turnover rates, and cultivate a highly skilled workforce.

Our web-based platform provides simple, global access to iQ3Connect without any need to install software or other applications, enabling anyone, at any time, from anywhere to easily join a virtual training session. Our XR collaborative workspaces can be accessed instantly from any AR, VR, PC, or mobile device, eliminating the need for end-users to have access to specific hardware. Finally, our browser-based Training and Experience Creator makes authoring XR training as easy as creating a slide deck, by providing an intuitive set of no-code tools that empower subject matter experts (or anyone else) to build virtual training modules.   

In summary, the combination of virtual training modules, device agnostic workspaces, and global deployment capabilities makes iQ3Connect a valuable tool for the manufacturing industry, enabling companies to thrive in an evolving landscape and drive success in a sustainable and cost-effective manner.

Discussions from AWE 2023 – Part 2 – How XR will Transform Workforce Training for Industry 4.0

In this two part blog series, we will be detailing key takeaways from AWE 2023. iQ3Connect attended AWE 2023 in Santa Clara, California where we were invited by Jin An of LG NOVA to participate in a main stage presentation on how XR and AI will transform workforce training for Industry 4.0. This is Part 2 of our blog series which will cover this presentation and topic in greater detail. You can read Part 1 here.

With the U.S. Manufacturing Industry undergoing the 4th industrial revolution, facing millions of unfilled jobs and a nearly 40% turnover rate, efficient workforce training is becoming critical to ensuring organizations maintain competitiveness and prevent worker injuries. iQ3Connect is transforming the way manufacturing companies approach these challenges, by providing a web-browser based training platform that enables anyone to create and deploy virtual training modules on a global scale. LG NOVA has partnered with forward thinking and innovative companies, such as iQ3Connect, to bring powerful and agile solutions to market.

Skills Shortage in Manufacturing:

The manufacturing industry faces a significant shortage of skilled workers (estimated to be 2.1 million by 2030), driven by factors such as a retiring workforce and evolving job requirements. iQ3Connect’s web-browser based training platform offers a practical solution to bridge this skills gap. By leveraging virtual training modules, manufacturing companies can easily create immersive learning experiences tailored to specific job roles and skills. Employees can access these modules globally, on any device, without the need to download apps or software, enabling effective training regardless of geographical location or hardware availability. This technology-driven approach not only enhances the speed and efficiency of skill development but also provides a cost-effective solution for companies to train their workforce at scale.

High Workforce Turnover Rates:

High turnover rates are a constant challenge for the manufacturing industry (40% for the manufacturing industry, compared to 26.3% in the workforce at-large), leading to increased costs associated with recruitment and training. iQ3Connect’s virtual training platform offers a sustainable solution by enabling companies to create standardized training modules that can be deployed globally. This consistency in training ensures that all employees, regardless of their location, receive the same level of knowledge and skills, whether for safety, hazard mitigation, operations, maintenance, etc. By streamlining the onboarding process and reducing the learning curve, iQ3Connect empowers manufacturing companies to cost-effectively train skilled employees and minimize turnover rates.

Benefits of iQ3Connect’s Web-Browser Based Training Platform:

iQ3Connect’s web-browser based training platform provides several key benefits for manufacturing companies. Firstly, it offers flexibility and convenience by eliminating the need for physical training spaces and allowing employees to access training modules from any location with an internet connection. Secondly, the platform fosters a highly engaging and immersive learning environment through its virtual capabilities, making training more interactive and memorable. Thirdly, the platform enables real-time feedback and performance tracking, empowering companies to assess the effectiveness of training programs and identify areas for improvement. Finally, iQ3Connect enables organizations to leverage their existing digital assets and provides no-code authoring tools to easily create XR training that integrates seamlessly into their existing processes, significantly reducing the cost of time of virtual training creation.

Conclusion

In the face of skills shortage and high workforce turnover rates, manufacturing companies must embrace innovative solutions to stay competitive. iQ3Connect’s web-browser based training platform offers a game-changing approach to address these challenges head-on. By providing a scalable, immersive, and globally accessible training solution, iQ3Connect empowers manufacturing companies to bridge the skills gap, reduce turnover rates, and cultivate a highly skilled workforce. The combination of virtual training modules and global deployment capabilities positions iQ3Connect as a valuable tool for the manufacturing industry, enabling companies to thrive in an evolving landscape and drive success in a sustainable and cost-effective manner.

To watch the YouTube video of Jin An’s (LG NOVA) and Ali Merchant’s (iQ3Connect) presentation, click here. 

Leveraging VR/AR Technologies to Address Skill Shortages and High Workforce Turnover

People are the strength of an organization. The recent skills gap and high workforce turnover rates faced by many manufacturing and industrial enterprises are inhibiting their productivity and competitiveness. In this blog, we will discuss how the latest VR/AR solutions can help enterprises cost-effectively solve these challenges.

The Skills Gap and Transformation of Work

A study conducted by Deloitte & the Manufacturing Institute reveals that the skills gap may leave an estimated 2.4 million positions unfilled between 2018 and 2028 (Deloitte Study). Additionally, as the Fourth Industrial Revolution transforms the way we work, it is predicted that the new technologies driving this transformation (artificial intelligence, advanced robotics, automation, analytics, and the Internet of Things) are likely to create even more jobs than they replace. This transformation of work and increasing skills gap makes efficient training programs all the more important to ensuring future productivity and competitiveness.

Hands-On Training is Becoming Increasingly Cost Prohibitive

Physical training infrastructure, such as facilities, equipment, and the related travel and shipping costs, comprises about 40% of the average training budget for manufacturers. In the Fourth Industrial Revolution, as machines and facilities become more advanced, expensive, and specialized, this percentage is likely to increase. Onsite training means production must be paused or physical mock-ups must be built, neither is an appealing option. Moreover, traditional digital means such as training videos and slide decks can’t replace the hands-on training requirements of complex technical work. This means that we must look toward new technologies to help address the skills shortage.

How VR/AR Technologies Can Replace Hands-On Training

Many hands-on training programs can be cost-effectively virtualized by leveraging 3D digital assets that an organization already has access to, whether it’s CAD data from engineering or 3D scans from the facilities team. Existing videos and slide decks can be used as-is in virtual training, all while a trainee is interacting with the 3D digital models. If 3D content isn’t readily available within the enterprise, there exists several online marketplaces where models can be purchased at minimal cost. Even building a custom digital model from scratch can be more cost-effective than physical mock-ups.

Once the 3D content is on hand, many software solutions now enable non-programmers to develop complex immersive training modules without any coding. The same technicians, trainers, etc. who were building the original training program, can seamlessly create these new immersive training routines. Additionally, VR/AR solutions can now integrate directly into Learning Management Systems for uninterrupted and consistent tracking of training completion.

What are the Benefits of Deploying VR/AR Training? 

VR/AR technologies offer the same cost-savings and efficiency benefits as the traditional digital tools (videos, slide decks, etc.) with the added benefit of being able to replicate many of the complexities and realism of hands-on training. It is often much more cost-effective to build a digital twin than to shut down production or build a physical mock-up. Moreover, VR/AR training can be used in training scenarios that are dangerous to physically perform such as in health, safety, and environment training. Finally, VR/AR training can reduce the overall workload on trainers, improve trainee knowledge retention, and increase reusability of training content.

Stay tuned next week for our blog discussing the different industrial training use cases for which virtual reality (VR) and augmented reality (AR) are best suited.

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