Is Investing in eLearning Virtual Reality Worth It?

The rise of virtual reality has led many companies to wonder whether they should invest in eLearning virtual reality. To decide whether it’s worth it for your company, you want to consider a few things. 

Things to consider before investing in eLearning virtual reality

#1. The Size of Your Company

Because VR is a significant investment, start by considering the size of your company. If your company has a hundred employees or fewer, then VR is probably not worth it.

That being said, the size of your company is less important than what your company does.

#2. The Type of Company or Learning

The type of company is the most important consideration when deciding whether to invest in eLearning virtual reality. VR learning works best for anything that requires hands-on experience. It is growing exponentially in spaces like medical, surgery, aerospace, construction, and manufacturing.

Why Does eLearning Virtual Reality Make Sense for These Companies?

The reasons for using VR learning in these types of companies make perfect sense. To start, people can get hands-on experience without having to actually get hands-on experience.

This means that they can learn from anywhere, whether that’s their home or office. There’s no need to go to a job site and learn in person. That saves on travel costs and travel time.

Learning virtually also prevents mistakes that can lead to injuries or expensive damage. That’s especially true in high-risk jobs, such as in mines or when operating heavy machinery. VR means that there is no risk of the learners accidentally hurting themselves or others as they learn.

So, smaller companies and those that don’t necessarily need to give learners hands-on experience don’t need to invest in VR learning. But if your company is larger and you want to include affordable, convenient, low-risk hands-on experience in the training, you should strongly consider it. This is especially important for higher-risk industries.

But you should not just invest in VR for the sake of doing so. Only do it if it makes sense. Otherwise, it’s just a waste of money.

Start with a Small Investment

And when you do decide to invest in eLearning virtual reality, start small. Start with a single module or program. Once you build the system and process, you can confirm that there is a business need for it. You want to see the value of the investment and a return on that investment before expanding your VR investment. Remember that eLearning should be an investment, and the same is true of VR eLearning. For more information on how to calculate the cost of your eLearning program, check out a relevant blog post on our website. 

Conclusion

Virtual reality learning can be incredibly useful for larger companies in certain industries. It is mostly worth it for companies with more than a hundred employees in industries that require hands-on experience. It’s especially useful in manufacturing, construction, medicine, surgery, aerospace, and other similar industries. If you do decide to invest in virtual reality learning, start with a small investment in just a single program or module. Wait to confirm that it was worth the investment before you expand your virtual reality learning. This will ensure you only scale up your investment if it makes sense.