Virtual Reality: What You As An Entrepreneur Must Know

Virtual Reality: What You As An

Entrepreneur Must Know 

By 

Theodore Henderson 

The Wisdom Man

Image via af.mil and google images

Being one of the two ‘most daring’ technologies of today, Virtual Reality is gaining attention on a massive scale. Because of this, VR-related media such as VR gloves and 3D glasses are starting to grow in demand. Only a few people, however, are aware of the real value that this technology can offer.  So if you have entrepreneurship, creativity, and some technical acumen in your blood pay attention to what follows.

 

What Is Virtual Reality?

Unlike Augmented Reality, Virtual Reality or simply VR is a kind of futuristic technology that displays an altered image of an environment, whether realistic or unrealistic. In addition to that, VR is capable of providing different sensations to its users (mainly seeing, hearing and feeling) through the use of varying paraphernalia such as 3D glasses, gloves, and headphones.

What makes VR technology very interesting is that people can use this even if they’re inside a limited space. Moreover, since it uses 3D sensors, the user sees a scenario that requires her to move continuously without the risk of bumping right into the nearest door.

Known Applications of Virtual Reality

Aside from movies, VR technology is also used in other ways. Listed below are the ones that integrate VR technology into their programs, training, and activities:

1. Law Enforcement Agencies – In countries like the U.S. and Russia, the police and military units are reported to have integrated VR technology in their training. By using VR-controlled tactical missions, both the military and police departments have managed to save millions of dollars, as well as ammunition when training their troops. The U.S. Air Force is also using VR technology when doing flight simulation training.

2. Hospitals – Instead of using corpses, medical students are now being permitted to practice their surgical skills through the help of so-called ‘virtual stiffs.’ In addition to that, they can also practice through ‘VR surgeries.’

3. Gaming – Video games and their companies are the ones who benefit from using VR technology. Aside from creating state-of-the-art VR games, companies are known to earn very well from selling these games, which have at least one sequel.

 

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Known Disadvantages

Just like other technologies, VR technology also has its disadvantages, which slowly raises concern among those who use it. Listed below are the some of these cons:

1. Virtual Reality makes one’s life ‘too solitary.’

Since VR technology is usually enjoyed solo, there’s a chance that its users will experience the so-called ‘solitary state of living’ which, if left unattended, could lead to lethargic or, in some cases, anti-social behavior.

2. Virtual Reality causes motion sickness.

According to experts, too much VR causes motion sickness to its users. Too much 3D, as well as intense graphics and audio in VR,  are pointed out to be the primary cause.

3. Intense Graphics in VR-based games could cause eye damage.

Users who engross themselves into too many VR-based games could sustain eye damage at a faster rate. Since images are shown at a distance of 2 or 3cm (25cm is the average reading or viewing distance), too much brightness could cause problems in the future.

So is it worth it if you are an entrepreneur?  Yes!

According to Vakoms’ “6 Quick Tips for Entrepreneurs Thinking of Launching a VR / AR Startup” The increasing interest in VR/AR startups is reflected in many articles at the favorite IT resource Mashable –   and various market forecasts. Digi Capital estimates the AR/VR market would be worth somewhere between $94 billion and $120 billion by 2021. Also, these are very motivating numbers that encourage entrepreneurs to consider launching AR/VR startups.

Put on your goggles, helmet, or glasses have a seat and take a trip!

References: 

How Businesses Are Harnessing The Power of Augmented Reality

Business Opportunity in Virtual Reality

 

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About The Author

Theodore Henderson works with business owners, entrepreneurs, and corporate professionals. He is an Amazon best-selling author, a Certified Career Coach, a Certified Leadership Coach, and a Certified Social Media Security Professional Powered by CompTIA. In addition he is the author of the business program “Launching Your Great Business Idea,” as well as the author of the following books; “The Wisdom Compass: Your 31-Day Journey to Wisdom-Filled Living”, “9 Simple Strategies to Becoming a Strong Leader” and the Security eBook “30 Smart Ways to Protect Yourself from Cyber Criminals” aimed at owners of Smartphones, Mobile Devices, and also those who have significant online activities including Social Media, financial services, etc. He is available for keynotes, seminars, and workshops. He may be reached through www.TheodoreHenderson.com.

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