When the average person thinks about virtual reality (VR), they probably imagine computer or video games. Although virtual reality may have failed to succeed in past decades, the technology currently holds enormous potential in several fields. The future of VR is poised to change the way we shop, experience, view, communicate and even conduct business

More and more companies are using VR to transform the way their new products are designed, giving birth to revolutionary and innovative ideas.

Significance of VR

The increasing affordability and availability of powerful computers has changed the way the industry thinks about virtual prototyping.  Consumer adoption of the technology is still in its early stages, but, as innovations pick up pace, more businesses are identifying ways to use VR.

From a product development perspective AR/ VR help to refine and optimize designs at an early stage. Concepts and options can be reviewed, adjusted and modified quickly. For eg.,

The aerospace industry is becoming more immersive as VR technology allows every stage of the building and maintaining process to be a collaborative effort. The interactive capabilities support communication and improve understanding between employees in varying departments.

Designers, engineers and manufacturers are able to create products at a much faster pace with the help of product behavior-testing and visualization. A strong relationship between departments is possible due to the visualization properties of VR, helping promote an understanding at all stages of build and design. Pilots, grounds controllers, service workers and engineers can also maintain products more efficiently with this communication gap bridged.

Significance of Virtual reality in oil industry

As energy companies continue striving to find better ways to meet a growing demand for clean, reliable, and affordable energy, virtual reality and 3D visualization provides a path to success. Energy companies are leading the way in creating virtual decision-making centers including collaborative team rooms, integrated operations centers, and advanced training facilities designed to enable new ways to discover, collaborate, and share information. Leveraging advanced visualization technology ensures:

  • Streamlined operations and reduced costs
  • More precise and accurate placement of drill sites
  • Consistent training and safety procedures

For eg

when Geo Scientists and reservoir engineers leverage data models for oil, gas, and water movement and interaction, they know exactly where to extract oil and gas below the earth’s surface. By visualizing seismic data in 3D, these scientists dive deep into their data sets to avoid subsurface hazards and reduce the risk of drilling dry holes.

Accelerate Production and Reduce Expenses

Many companies leverage advanced visualization technologies to accelerate production by improving situational awareness, standardizing processes, virtually testing plans, and optimizing procedures. As a result, organizations are able to develop better workflows that lower the risk of mistakes, delays, and rework while increasing overall performance and lowering the heavy cost of downtime.

Off-Shore and On-Shore Safety and Training

Virtual reality and 3D simulations allow employees to be trained safely off-site without disrupting normal work routines in consistent and safe environments. This translates to enormous cost savings, improved accuracy, and reduced risk.

Augmented and Virtual Reality energy solutions have the unique ability to provide experiential training in real-time, data-driven applications. For the energy sector, this improves the efficiency of skills transfer, increases knowledge retention, and better captures enterprise knowledge within an organization.