WEARABLE TECHNOLOGY AND THE GLOBAL SKILL GAP.
9 Ways Wearable Technology Is Bridging The Global Skill Gap
The skill gap is one of the major problems faced by the world’s leading industries. But not anymore!
Wearable technology is crucial in bridging the global skill gap, allowing industries and companies to find skilled individuals who fit right for the job from any corner of the world. And they don’t even need to provide work visas or facilities for overseas employees.
Digital technology, especially wearable technology, is transforming how we work!
The world today is a global competitive market. Adapting to the transformations and changing with the changing work environments is compulsory. Most leading high-scale firms have welcomed digitalization, including wearable technology, such as Augmented Reality Headsets and Assisted Reality solutions, to benefit from skilled individuals from anywhere in the world.
Let’s see how wearable technology is bridging the global skill gap.
Promote Remote Working
The AR XR-enabled devices physically link the physical and digital environments, enhancing data accessibility and providing collaborative tools for remote workers. The facility allows remote workers to stay connected with their work environment and perform their duty efficiently.
Enhanced Accessibility In Education And Skill Development
The wearable technology is extremely helpful for educational purposes and skill development. It can empower populations living in underserved areas. Technology breaks the geographical barriers, making it possible to gain education and develop competitive skills.
A subset of wearables, XR technology, empowers one to learn complicated subjects as they observe detailed visuals in a virtual environment with sensory stimulations. Students can dive into detail and learn new things, experiencing a heightened sense of engagement and presence.
Reshaping The Workforce
Wearable technology reshapes the workforce and connects them virtually to perform tasks together at remote places, in emergencies or in cases of physical absenteeism. The workforce can connect with experts to get scenario-based advice in real-time. This way, the workforce stays guided, motivated and more productive.
Accessibility to knowledge and skills, enhancing team collaborations and finding talent from across the world leads to business empowerment. Wearable technology streamlines information sharing and business operations and cuts labor shortages.
Although adopting digitalization and transforming systems to integrate wearable technology is expensive, it guarantees good returns and uncountable benefits. It strengthens a company’s digital operations, improves collaborations and saves money that the company spends on product research and development, providing physical training, and improving repairs and maintenance.
Improving Customer Relationships
AI and augmented reality wearables will make their way to improving customer relationships in the near future. They will perform customer-facing jobs more efficiently, building strong customer-business relationships.
Effective Supply Chain Management
Managing an effective supply chain is a challenging task. There are many software to make the work easier. In the future, intelligent supply chain applications should become the norm rather than the exception. “From supply and demand planning to digital manufacturing and logistics, supply chains will need to be continuously changed, AI-enabled, and, most critically, future-proofed in 2022,” says Capgemini Americas’ Kurtz.
Improving Digital Security
Protecting networks, key infrastructure, data, and other important digital assets necessitates far more than what humans or traditional monitoring methods can provide. AI can help with anomaly detection and pattern recognition, and it can even keep up with the latest risks by scraping through news and articles on cyber hazards using natural language processing.
Many companies have benefited their employees and production using AR technology and assisted reality solutions.
RealWear, a wearable technology company, manufactures high-quality headsets that many leading companies use to increase their efficiency at work.
National Oilwell Varco is using RealWear headsets efficiently.
Oil and gas workers at National Oilwell Varco can immediately get expert help. The NOV team uses Remote Mentor solutions like Librestream’s Onsite platform. Experts can start a video conference call with a few simple voice commands from thousands of miles away.
Mark Norman, AM Systems / Service Development Manager at National Oilwell Varco, says:
“Using the RealWear headset combined with the Onsight platform has created an effective hands-free solution for our field teams to better support our customers.”
NOV Oil and Gas is one of many oil and gas companies to adopt digital-first solutions. Shell, too, recently rolled out RealWear HMT-1® at 24 of its sites around the world.
Michael Kaldenlbach, the Digital Realities leader at Shell, says:
“In the past, we would have to actually fly people over in order to resolve issues. In this case, it’s nothing more than a phone call away. We can still offer the same level of support or, even better, using this kind of augmented reality. We’ve significantly reduced the cost of travel. But at the same time, we’re quicker in resolving issues that might contribute to leaks or spills.”
How RealWear Is Contributing To Bridge The Skill Gap?
Here are some measurable results you can achieve with RealWear Augmented Reality Headsets:
- Up to 40% improvement in new hire productivity.
- Up to 30% acceleration in the sales cycle.
- Up to 50% reduction in training costs.
- Up to 30% improvement in first-time-fix rate.
- Up to 25% reduction in scrap & rework costs.
In conclusion, wearable technology has the potential to revolutionize education, skill development, workflow and bridge the global skills gap. By leveraging these innovations, individuals can acquire the skills needed for future jobs, contributing to a more inclusive and competitive global workforce. RealWear provides excellent options that empower industries to reach skilled individuals. Feel free to contact us for more information.