The technology of VRs is becoming vastly popular among businesses. It is a great source when used for entertainment, but when it comes to the nuts and bolts the money behind VR needs to make sense. Companies nowadays are using VR for business purposes and the forecast looks like it will run as entertainment uses in the following years. Research shows that yearly VR for business spending will grow to 29.2 billion dollars as we reach 2021. Engineers and doctors are testing out different scenarios before jumping on board and using them in their empires. If something goes wrong during a simulation, that particular professional is able to reset the program instead of losing a life or destroying an expensive piece of equipment.
Aside from training, many consumers are enjoying the privilege of VR. Some use the technology to test drive a new car and even walkthrough a home many miles away before making a significant purchase. It has allowed consumers to make informative decisions to avoid buyer’s remorse. One particular southern California company is jumping on board and immersing themselves in VR software applications. Tsunami XR has utilized the applications in particular industries and businesses. They are known for creating highly visual interactive applications of analytical data to help explain complex products, increase uptime regarding industrial equipment, unlock operational efficiencies an increase and improve workforce training. Alex Hern leads the company as a Chief Executive Officer and has continued to implement his entrepreneurial skills within the company focusing on the early spin-off and incubation businesses. The co-founder has worked with many prominent companies and keeps in touch with what’s happening in the market.
Alex Hern has served on the board of Inktomi which later was purchased by Yahoo. Next, he was helped a company called Yesmail from the start go all the way to an IPO that eventually sold on the market for nearly 650 million dollars.
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