Digital Media Net - Your Gateway To Digital media Creation. News and information on Digital Video, VR, Animation, Visual Effects, Mac Based media. Post Production, CAD, Sound and Music
Early responsible business approaches can sustain explosive growth of XR
opportunities
NEW YORK–(BUSINESS WIRE)–Despite its potential to provide tremendous economic and social
benefits, extended reality (XR) carries new physical, mental and social
risks that require business leaders to proactively design, build and
deploy XR tools and business models responsibly from the start,
according to a new report from Accenture
(NYSE: ACN).
Waking
Up to a New Reality: Building a Responsible Future for Immersive
Technologies,” published in collaboration with the G20
Young Entrepreneurs’ Alliance (G20 YEA), examines how extended
reality (XR) — which includes virtual reality (VR), augmented
reality (AR) and a growing range of other immersive tools — is already
creating new value well beyond the worlds of gaming and entertainment.
In addition to delivering enhanced customer experiences, immersive tools
are being used to augment workforce productivity, provide training and
deliver mental health treatments.
In fact, industry expenditure on XR is overtaking consumer spending and
is set to reach triple the level of consumer usage by 2023, reaching
US$121billon, according to IDC. Accenture analysis shows that the number
of patent applications for AR and VR rose almost five-fold between 2014
and 2016, to more than 6,000, and start-up funding grew 237% in the same
period.
Despite the opportunities, the report notes that the power and intimacy
of XR tools pose new dangers to the wellbeing of individuals and society
that are far greater than those experienced as a result of today’s
technologies. These new dangers include:
“We believe the best experiences are those that sit at the
intersection of purpose and innovation to improve lives,” said Rori
Duboff, head of content innovation, Accenture
Interactive. “There is a tremendous opportunity with XR to learn
from past mistakes and design more inclusive and accountable worlds and
experiences. Ultimately, for XR to succeed, strategy and creative teams
must have diverse mindsets, and experiences need to be accessible to
everyone.”
The report also points to the greater risks of tech addiction and the
disengagement of people from real-world societal problems and shows how
unequal access to XR could amplify social divisions through exclusion
from consumer and working opportunities.
“We are entering a post-digital era where emerging technologies such as
XR are driving the next waves of innovation and growth,” said Marc
Carrel-Billiard, senior managing director of Accenture
Labs and global lead of Accenture’s
Extended Reality group. “XR will be core to enabling these
opportunities, but we must address the risks posed by today’s
technologies and design XR tools and immersive experiences responsibly.”
Priority actions for businesses include:
“XR is rapidly moving beyond virtual reality and augmented reality to
include a wide range of tools that use and enhance our human senses,
including touch, smell, taste and even our thoughts. Used correctly,
these promise incredible improvements to the way we live and work,” said Armen
Ovanessoff, principal director, Accenture
Research. “We have a duty to ensure that safeguards keep up with
technological innovation. We’re calling on business leaders,
policymakers and civil society to act now, together, to proactively
design a responsible future for XR.”
The report also recommends actions for policy makers:
For more information on this report and research, please visit: https://www.accenture.com/us-en/insights/technology/responsible-immersive-technologies.
About Accenture
Accenture is a leading global professional services company, providing a
broad range of services and solutions in strategy, consulting, digital,
technology and operations. Combining unmatched experience and
specialized skills across more than 40 industries and all business
functions – underpinned by the world’s largest delivery network –
Accenture works at the intersection of business and technology to help
clients improve their performance and create sustainable value for their
stakeholders. With 477,000 people serving clients in more than 120
countries, Accenture drives innovation to improve the way the world
works and lives. Visit us at www.accenture.com.
Contacts
Tourang Nazari
Accenture Media Relations
+1 202-322-4640
Tourang.Nazari@accenture.com
Linda Hernández, miembro de la Junta Directiva de HITN, recibirá el reconocimiento Silver Circle 2025…
Joint Venture Partner Committed Annual Profit of RMB80 Million and 50% Annual Growth SHANGHAI, Feb.…
Vancouver, British Columbia--(Newsfile Corp. - February 21, 2025) - Metavista3D Inc. (TSXV: DDD) (FSE: E3T)…
FIRST SINGLE “MULTIPLE” AVAILABLE NOW VINYL + CD Via WAXWORK PRE-ORDER NOW ALBUM ART (FOR…
BEIJING, Feb. 21, 2025 /PRNewswire/ -- A news report from China.org.cn on the Chinese blockbuster "Ne…
An Immersive VR App With A Groundbreaking Catalog of Your Favorite Songs to Sing Along…