Accenture Invests in New Immersive Training Solutions for Business

Accenture, through Accenture Ventures, recently invested in virtual reality-based, immersive training solutions company Strivr.

Strivr boasts a proprietary immersive learning platform that has helped train over one million employees at some of the most renowned companies across the globe.

In addition to increasing the effectiveness of employee skilling and upskilling initiatives, Strivr’s VR training platform provides data-driven insights to help inform and enhance businesses’ talent development efforts. Since technology is constantly evolving and requires new skills, the new program hopes to address training needs.

“The projected global shortfall of workers’ technical skills due to exponential technology and industry changes, combined with increased employee retention challenges and the ineffectiveness of conventional training methods, has created enormous opportunity for the advancement of immersive learning,” said Tom Lounibos, managing director of Accenture Ventures. “We anticipate that global demand for Strivr’s VR-based learning solutions will increase as employers look for ways to more effectively upskill, engage and retain their increasingly remote workforces.

In fact, immersive learning is a terrific way for employers to begin leveraging the power of the metaverse continuum.”

The new strategic investment into Strivr by Accenture comes on the heels of the launch of the Accenture Metaverse Continuum business group.

The new initiative combines metaverse-skilled professionals with essential business capabilities to help individuals accelerate their journey into the metaverse.