Virtual Reality might be suffering right now in the gaming industry due to a lack of new games and the growing requirements for high quality VR. But other industries are now seeing possible benefits from the Virtual Reality market.
Recently STRIVR, a VR company focusing on training, announced they partnered with Wal-Mart to use virtual reality for employee education and training. STRIVR will put VR hardware and software into 200 Wal-Mart Academy learning centers, facilities that are designed to host new hires, promoted employees, or continuing education employees for two-week courses throughout the year. Wal-Mart Academies will educate and train over 140,000 employees per year starting in late 2017.
STRIVR CEO Derek Belch, says “Yes, the ‘VR hype cycle’ is over. Because it’s not hype anymore. It’s actually happening now, and it’s only going to continue to grow.”