Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Business
    3. >How VR Can Help Your Business to Grow
    Business

    How VR Can Help Your Business to Grow

    Published by Gbaf News

    Posted on September 26, 2018

    4 min read

    Last updated: January 21, 2026

    Add as preferred source on Google
    A business professional engages with virtual reality technology, illustrating its impact on employee training and communication. This image highlights how VR is revolutionizing business practices, as discussed in the article.
    Business professional using VR technology to enhance training and communication - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:Business Developmentconsumer-friendly headsetsrevolutionary opportunityvirtual buildings

    By Gareth Breeze, protective VR case expert at the Case Farm.

    There are some amazing ways that companies are using VR for business success.

    With the arrival of affordable, consumer-friendly headsets, what was once a quixotic Sci-Fi fantasy is now becoming a real part of our everyday lives, and it is changing how we do business in ways we never thought were possible.

    The rise of VR has done much more than give us 360 vision. It’s broken through previous barriers of communication, altered entire sales strategies, and completely transformed how companies train their staff.

    Needless to say it’s an interesting time to be alive, and a crucial time for business development. True business success lies in the ability to move with the times, and the words “keep up or lose out” are possibly more relevant than ever before.

    VR is just the beginning for businesses

    If you think VR technology is only for tech firms and video game makers, think again. Much like the introduction of the internet, it began with a specific use (military communications in the 1980s), but soon turned mainstream and took over every aspect of modern life. Do you know a company in 2018 which doesn’t have a website or use digital communication? Not a successful one, for sure.

    It’s true that the birth of VR into the mainstream world was primarily for enhancing entertainment purposes, but it’s professional growth has already started. According to research from Tractica, uptake of VR in business is going to outpace leisure and entertainment by 2021.

    VR for next level employee training

    In a virtual world, if things go terribly wrong you can press restart – not the case on an operating table or when flying a plane. VR offers a revolutionary opportunity to employers to train their staff in a consequence-free environment. Doctors and surgeons can now carry out complex procedures on 3D virtual patients, making life or death choices along the way without risking anyone’s life.

    Teachers have access to virtual classrooms to test their teaching methods and practice dealing with challenging behaviour, which can be observed and analysed by teacher trainers without any real children being involved.

    Of course, there are many, many more professions where VR is becoming a large part of training, and this is expected to grow much more in the coming few decades.

    VR can cut costs for businesses in all verticals

    Businesses are already discovering how stepping into a virtual world can result in a very real cut in costs. Allowing employees to practise their roles, whether initial training of later career developments, in a 3D virtual environment, has been known to save millions.

    The physical equipment that was once needed is now in the virtual realm, with in some cases digital supervisors, saving an extortionate amount for the company in the long run. The obvious cost of investing in this level of technology is high, but is an investment which will serve you and your company very well indeed.

    Architects have already saved large sums of money by converting to technology and virtual buildings for their development and planning. Not only does it allow clear representation to clients, it allows everyone involved to explore freely without travel and with much less time spent.

    Make the right choices when it comes to introducing VR to your business

    It goes without saying that if you run a company, you may need to make the switch to VR, but there’s no denying that it’s a big financial step to take for any business looking to adapt.

    Once you do make the investment, you’re going to need a protective case to store and transport your VR kit. VR cases by the Case Farm could be the perfect companion, catering for various different VR systems and keeping them from damage. With waterproof, dustproof and shockproof protection, your VR equipment will be helping your business grow for many years to come.

    More from Business

    Explore more articles in the Business category

    Image for Submit Your Entry for Years of Excellence Awards 2026
    Submit Your Entry for Years of Excellence Awards 2026
    Image for Nominations Open for Travel & Hospitality Awards 2026
    Nominations Open for Travel & Hospitality Awards 2026
    Image for Submit Your Entry Today for Telecom Awards 2026
    Submit Your Entry Today for Telecom Awards 2026
    Image for Submit Your Entries for The Next 100 Global Awards 2026
    Submit Your Entries for the Next 100 Global Awards 2026
    Image for Submit Your Entry: Public Sector & Governance Excellence Awards 2026
    Submit Your Entry: Public Sector & Governance Excellence Awards 2026
    Image for Nominations Invited for Real Estate Development Awards 2026
    Nominations Invited for Real Estate Development Awards 2026
    Image for Submit Your Entry: Process & Product Awards 2026
    Submit Your Entry: Process & Product Awards 2026
    Image for Call for Entries: HR & Recruitment Awards 2026
    Call for Entries: HR & Recruitment Awards 2026
    Image for Submit Your Nominations Today for Education & Training Awards 2026
    Submit Your Nominations Today for Education & Training Awards 2026
    Image for Join the Corporate Governance Awards 2026: Showcase Your Organisation’s Leadership
    Join the Corporate Governance Awards 2026: Showcase Your Organisation’s Leadership
    Image for Submit Your Entry Today for Business Awards 2026
    Submit Your Entry Today for Business Awards 2026
    Image for Decentralized Masters’ ‘family culture’ building trust instead of hierarchy
    Decentralized Masters’ ‘family Culture’ Building Trust Instead of Hierarchy
    View All Business Posts
    Previous Business PostThe Cybersecurity Threat You’re Missing
    Next Business PostSEMrush Reveals List of Top e-Commerce Fashion Sites in 2018