JOSH BERSIN Explores the Intersection of AI and Metaverse in Corporate Learning
I have frequently discussed the Immersive Learning market, highlighting the incredible learning potential embedded in these platforms. With the emergence of consumer VR headsets like Meta Quest and Apple Vision-Pro, this market is poised for explosive growth.
Today, Cornerstone, the leader in corporate learning platforms valued at over $1 billion, has just announced the acquisition of Talespin, a notable player in immersive learning tools and content.
What Is Immersive Learning?
Teachers and educators acknowledge that real learning happens through “learning by doing.” Simulations, role-plays, and interactive experiences have been developed to facilitate effective learning experiences. In the realm of corporate training, companies invest significant resources in simulators, games, and interactive scenarios to educate employees on various practices and processes.
Immersive Learning, championed by companies like Talespin and STRIVR, offers solutions to simplify the creation of these experiences. Organizations like Walmart, Bank of America, and Verizon utilize these platforms, with employees learning through VR showing a substantial increase in skill confidence according to a PwC study.
Talespin offers a range of features and tools, including emotionally engaging learning experiences, intuitive UX/UI for narrative creation, no coding requirements, a vast library of virtual elements, and content deployment through the Talespin App.
With Talespin’s GenAI capabilities, companies can develop character-based content swiftly and efficiently. These generative tools are evolving, enabling the creation of lifelike character-based learning content at scale.
Cornerstone’s Acquisition Impact
As Cornerstone navigates the shift towards “Autonomous Learning Platforms,” the acquisition of Talespin could position them as a leader in this arena.
Cornerstone, a prominent player in the HR Tech space, has grown its revenue substantially and continues to implement strategies to stay ahead in a competitive market. The company’s focus on skills systems, content business expansion, and integration of VR and AI technologies showcase its commitment to innovation.
The integration of Talespin into Cornerstone’s platform presents a significant opportunity for the company to establish itself as a comprehensive end-to-end provider in the VR learning space.
As AI and VR technologies advance, the potential for personalized, immersive learning experiences grows exponentially. The market for VR training is projected to reach $4 billion, presenting a significant growth opportunity for companies like Cornerstone.
Cornerstone’s emphasis on AI-powered learning solutions and the integration of Talespin’s capabilities underscore the transformative potential of VR and AI technologies in corporate learning.
The future of corporate learning is evolving rapidly, with AI and VR playing pivotal roles in shaping the learning landscape.
For more information:
Autonomous Corporate Learning Platforms: Arriving Now, Powered by AI
Interview With Joel Hellermark, CEO of Sana – AI-Powered Learning Arrives
Virtual Reality Has Now Gone Mainstream For Corporate Training
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