Global augmented and virtual reality learning market to near $10bn by 2023
According to new research from Metaari, the global mixed reality (MR) learning market is set to reach $9.9bn by 2023, more than double its current valuation.
MR is defined in the report, The 2018-2023 Worldwide Mixed Reality Learning Market, as the experience of simulation, augmented reality (AR) and virtual reality (VR).
MR learning is just one of the ways in which innovative companies are increasingly looking to utilise new and advanced technologies in an attempt to get ahead of the competition.
During Barcelona's recent Mobile World Congress 2018 (MWC 2018), according to Road to VR, Volkswagen revealed in partnership with Innoactive that it is planning to train up to 10,000 of its employees in logistics and production using VR training simulations.
The news comes after the automaker launched its Digital Reality Hub Group last year, designed to enhance collaboration across its Audi, SEAT, ŠKODA and Volkswagen brands.
UPS has also been using VR to train its workforce, having rolled out its own training software for employees using the HTC Vive that reproduces real life scenarios and hazards for its drivers.
"It's a game-changer for training,” said UPS Training and Development Manager Laura Collings when speaking to CNN. "Nothing can really replace real-world training, but virtual reality complements it in a way that engages our employees."
Discord buys Sentropy to fight against hate and abuse online
Discord, a popular chat app, has acquired the software company Sentropy to bolster its efforts to combat online abuse and harassment. Sentropy, monitors online networks for abuse and harassment, then offers users a way to block problematic people and filter out messages they don’t want to see.
First launched in 2015 and currently boasting 150 million monthly active users, Discord plans to integrate Sentropy’s own products into its existing toolkit and the company will also bring the smaller company’s leadership group aboard. Discord currently uses a “multilevel” approach to moderation, and a Trust and Safety (T&S) team dedicated to protecting users and shaping content moderation policies comprised 15% of Discord’s workforce as of May 2020.
“T&S tech and processes should not be used as a competitive advantage,” Sentropy CEO John Redgrave said in a blog post on the announcement. “We all deserve digital and physical safety, and moderators deserve better tooling to help them do one of the hardest jobs online more effectively and with fewer harmful impacts.”
Cleanse platforms of online harassment and abuse
Redgrave elaborated on the company’s natural connection with Discord: “Discord represents the next generation of social companies — a generation where users are not the product to be sold, but the engine of connectivity, creativity, and growth. In this model, user privacy and user safety are essential product features, not an afterthought. The success of this model depends upon building next-generation Trust and Safety into every product. We don’t take this responsibility lightly and are humbled to work at the scale of Discord and with Discord’s resources to increase the depth of our impact.”
Sentropy launched out of stealth last summer with an AI system designed to detect, track and cleanse platforms of online harassment and abuse. The company emerged then with $13 million in funding from notable backers including Reddit co-founder Alexis Ohanian and his VC firm Initialized Capital, King River Capital, Horizons Ventures and Playground Global.
“We are excited to help Discord decide how we can most effectively share with the rest of the Internet the best practices, technology, and tools that we’ve developed to protect our own communities,” Redgrave said.