The shift to an immersive reality

Accenture's latest research on extended reality (XR) and enterprise adoption

Immersive Learning creates fully simulated environments where learners interact with the experience — as close to the “real world” as you can get.

New Accenture research and client experiences indicate that investing in XR technologies and modernizing learning and development now makes sense.

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94% of today’s workers say they would stay at a company longer if it invested in their career development.

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More than 90% of the executives responding to the Accenture Immersive Learning survey agree, saying their existing training methods need to be more effective and efficient.

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But despite spending an average of $1,300 per employee annually on training, research proves that learners forget 70% of the content within 24 hours and nearly 90% in a month.

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The technical skills shortfall is expected to reach more than 8.5 million workers by 2029 and cost $1.2t in lost economic output in the U.S. alone.

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Only 26% of employees strongly agree that their employer prepares them for the future skills necessary to adopt and adapt to tech-enabled change.

Bottom Line

More than half of executives expect to invest more than $1 million in XR learning initiatives in the next two years. 23% plan to invest more than $10 million.

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