Accenture Invests in Strivr to Help Advance Immersive Learning in the Metaverse Continuum Era
19 Abril 2022 - 09:59AM
Business Wire
Accenture (NYSE: ACN) has made a strategic investment, through
Accenture Ventures, in Strivr, a leading provider of virtual
reality-based, immersive learning and training solutions for
enterprises.
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Accenture has made an investment, through
Accenture Ventures, in Strivr.(Photo: BusinessWire)
Based in Santa Clara, California, Strivr has trained more than
one million workers at some of the world’s largest companies using
its proven, proprietary immersive learning platform. Strivr’s VR
training platform helps enterprises increase the efficiency and
efficacy of their employee skilling and upskilling initiatives,
while also delivering data-driven insights that further inform and
enhance their broader enterprise talent development efforts.
“The projected global shortfall of workers’ technical skills due
to exponential technology and industry changes, combined with
increased employee retention challenges and the ineffectiveness of
conventional training methods, has created enormous opportunity for
the advancement of immersive learning,” said Tom Lounibos, managing
director of Accenture Ventures. “We anticipate that global demand
for Strivr's VR-based learning solutions will increase as employers
look for ways to more effectively upskill, engage and retain their
increasingly remote workforces. In fact, immersive learning is a
terrific way for employers to begin leveraging the power of the
metaverse continuum.”
As the core capabilities needed for workers across industries
change and new skills are increasingly required, more than one
billion workers are expected to need reskilling by the year 2030,
according to research from The World Economic Forum. A recent
Accenture study found that 90% of executives believe that their
existing training methods need to be more effective and efficient,
and 94% of workers indicated they would stay at a company longer if
it invested in their career development. Immersive learning using
extended reality (XR) technologies offers opportunities for
employees to participate in “hands-on” learning that has been shown
to lead to greater learning retention.
“Like many disruptive technologies in the enterprise, VR
training is rewriting the rules on how to calculate the impact of
corporate training’s fusion with experiential learning,” said Derek
Belch, founder and CEO of Strivr. “Using quantitative and
qualitative data from Strivr’s enterprise-scale deployments across
millions of VR training sessions, we are demonstrating the value of
VR from hiring, to onboarding, to training and development. We’re
confident that combining our platform with the depth and breadth of
Accenture’s learning organization will create new opportunities to
show the power of VR-based immersive learning in elevating
workforce performance.”
Accenture recently announced the launch of the Accenture
Metaverse Continuum business group, which combines
metaverse-skilled professionals and market-leading capabilities in
customer experience, digital commerce, extended reality,
blockchain, digital twins, artificial intelligence and computer
vision to help clients design, execute and accelerate their
metaverse journeys. As shared in the Accenture Technology Vision
2022 report, entitled “Meet Me in the Metaverse: The Continuum of
Technology and Experience Reshaping Business,” the metaverse
continuum is a spectrum of digitally enhanced worlds, realities and
business models that will transform nearly every aspect of life and
business in the next decade and beyond.
Strivr is the latest company to join Accenture Ventures’ Project
Spotlight, an engagement and investment program focused on
investing in companies that create or apply disruptive enterprise
technologies. In addition to funding, Project Spotlight connects
emerging technology software startups with the Global 2000 to fill
strategic innovation gaps, and offers extensive access to
Accenture’s domain expertise and enterprise clients, helping
startups harness human creativity and deliver on the promise of
their technology.
Terms of the investment were not disclosed.
About Accenture Accenture is a global professional
services company with leading capabilities in digital, cloud and
security. Combining unmatched experience and specialized skills
across more than 40 industries, we offer Strategy and Consulting,
Interactive, Technology and Operations services — all powered by
the world’s largest network of Advanced Technology and Intelligent
Operations centers. Our 699,000 people deliver on the promise of
technology and human ingenuity every day, serving clients in more
than 120 countries. We embrace the power of change to create value
and shared success for our clients, people, shareholders, partners
and communities. Visit us at accenture.com.
About Strivr With nearly one million learners trained in
VR, Strivr is transforming the employee journey through Immersive
Learning. Incubated at Stanford, Strivr’s platform powers the
creation, delivery, management, and measurement of VR-based
learning to optimize workforce performance. With Strivr,
enterprises gain unique learning and assessment data to measure
training effectiveness, evaluate role potential, and predict
learning outcomes at scale. From hiring to training and upskilling,
Strivr is proud to partner with elite sports teams and Fortune 1000
companies to elevate performance through immersive experience. For
more information, visit www.strivr.com.
Copyright © 2022 Accenture. All rights reserved. Accenture and
its logo are trademarks of Accenture.
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Christian Harper Accenture +1 917 452 4417
christian.harper@accenture.com
Accenture (NYSE:ACN)
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