E-learning has emerged as one of the most preferred types of learning

Disclaimer: The views expressed in this article are those of the author and do not necessarily reflect the views of the Economic Times – ET Edge Insights, its management, or its members

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E-learning has emerged as one of the most preferred types of learning

From the last few years, we have been witnessing a new phase of transformations led by technological advancements, digitalisation and of course the pandemic, across sectors. This new push has also forced businesses to rethink their business strategies, adopt new technologies, and digitise the workplace.

In this rapidly changing technological era, skill requirements are also constantly changing, which is compelling businesses to constantly upskill and reskill their employees. As per Wheebox’s India skill report, smart machines would displace around 20 million employment by 2030, but 133 million new jobs will be created as early as 2022. Now, both companies and employees are looking out for various learning options to bridge this prevailing skill gap.

Amid this, one platform which is gaining immense popularity as an easy and better possible solution is immersive learning. Immersive learning is not your regular, traditional approach to education but instead, a new approach that incorporates cutting-edge technologies like Augmented Reality (AR), Virtual Reality (VR), Mixed Learning and gamification. These technologies enable a candidate to engage all five senses in the process, resulting in overall better engagement and learning.

Immersive learning will propel over traditional learning methods, fueling passive learning and memorization.

It is navigating working professionals to champion boldly in the disruptive economy ahead. Renovating the 21st-century leaders by creating technology-driven realistic scenarios; learning through experience, simulated real-world situations for professionals enabling them to deal with challenges effectively. They can reach great levels of expertise in a lesser time-frame. In fact many reputed institutions have started focusing on immersive learning by introducing business simulations in the teaching pedagogy. For instance: Institutes like IIM Nagpur have introduced a Digital Markstrat simulation model in their Digital Strategy and Marketing Analytics curriculum. And not only institutes but also corporates like KPMG Learning Academy have started implementing such pedagogy in the programs which are curated for people into managerial roles.

Personalised based learning: Personalised learning is plugging the skill gap for working professionals in the digital world. Re-skilling is not just a buzzword, but a major concern across the nation. We are all aware of how strong AI and algorithms have become in recent years. By gaining access to your data, AI can identify your weaknesses and talents, which can then be utilised to tailor the curriculum as per their need.

Better Engagement: Many studies have shown that professionals learn more effectively with visual aids than they do with texts. AI-powered platforms enhance the way students learn. By using virtual reality to create a real-life situation, AI can assist students in better interacting with their surroundings and providing first-hand experience with various circumstances.

Risk-Free Decision Making: The immersive learning technology helps in providing risk-free decision making environment to the students wherein with the technology of simulation, students can analyse the impact of decision making with the help of AI and before taking the actual risk, those decisions outcome can be monitored.

Distance free interaction: Immersive learning platforms which are designed to keep students learning in mind eliminate distance barriers between students. On virtual platforms, students from all over the world can interact and learn from one another, as well as share their expertise and experiences.

Strong learning tool for Senior Professionals: The immersive learning technology proved to be one of the strongest tools when it comes to learning into domains like strategy, decision making, consulting. Such technology provides a strong simulated environment for senior professionals including C-Suite for calculative decision making.

Flexibility is a key focus. Cohorts can choose their training times according to their convenience, and they can practise as many times as they want on the virtual platform effortlessly.

A report on Blume Ventures states the Indian upskilling industry will grow to $1.7 billion by 2025, with edtech accounting for about half of the total market worth $862 million valuations. E-learning has emerged as one of the most preferred types of learning as it provides several benefits over traditional learning and immersive learning will be the new era learning approach in the e-learning segment that will become the future of the edtech sector.

 

[author title=”Ranjita Raman, CEO, Jaro Education” image=”http://”] Ranjita Raman has been associated with the Education Industry for the past 14 years. She is is a recipient of the “Business Leader Of The Year Award – 2021” at the 19th Global Edition & 4th India Edition of World Leadership Congress & Awards, “Woman Icon Awards – 2020” under Leadership category, Young Achiever Award 2015 & many more through her unique style of organizational management.[/author]

Disclaimer: The views expressed in this article are those of the author and do not necessarily reflect the views of the Economic Times – ET Edge Insights, its management, or its members

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