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    The Benefits of AR and VR for Businesses

    With virtual assistance, AR/VR will create a virtual digital bank branch where customers can be engaged and given more information and personalized attention.  

    The Benefits of AR and VR for Businesses

    By

    Apac CIOOutlook | Monday, July 19, 2021

    Stay ahead of the industry with exclusive feature stories on the top companies, expert insights and the latest news delivered straight to your inbox. Subscribe today.

    With virtual assistance, AR/VR will create a virtual digital bank branch where customers can be engaged and given more information and personalized attention.

    Fremont, CA: Customers on the cutting edge are always searching for more from the technology they use. Augmented Reality is a promising technology that aims to improve not only the user's comfort but also their experience.

    AR is a futuristic technological weapon and a breeding ground for other revolutionary technologies such as Blockchain, Cognitive Computing, 5G, IoT, Quantum Computing, Artificial Intelligence, API networks, and Chatbots, and many others.

    Interior Design:

    Choosing ideal furniture, wall colors, and home décor accessories would be much more practical. Customers would be able to configure their nearest and most suitable interior to create a more comfortable atmosphere in where to stay. Designers may assist homeowners by offering ideas for customizing their homes and measuring a close-to-real cost (materials/labor). The interior design blueprints are simple to implement.

    Fashion and Clothing:

    Fashion and beauty brands will use a 3D / 2D visual effect to provide customers with a customized view. Tailors will be able to carry out any customization needs for dress materials virtually. Beauticians can give consumers feedback by creating a faster feedback cycle and assisting in selecting the best-fitting items.

    Banking:

    With virtual assistance, AR/VR will create a virtual digital bank branch where customers can be engaged and given more information and personalized attention. It will provide consumers with a 360-degree view of their current situation, different request statuses, new services, and much more. Documentation is one of the main functions where VR can have an effect (filling of forms). Customers can have a one-on-one conversation with every bank employee about any operation.

    Tourist and Travel:

    Hospitality, Tours, and Travels involve a range of transportation modes, hotel reservations, hospitality, tours, and local experiences such as food and beverages. AR/VR can benefit the tourism industry by providing travelers with pre-or advanced alerts based on patterns and immediate or instantaneous assistance.

    VR technology can help offer a simulated view of a location, allowing tourists to take advantage of the technology to capture images that would otherwise be overlooked and create a memorable moment.

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