In the report, JFF announced its “2020 Innovators to Watch” list of 11 companies poised to address a wide range of training needs across industries. To build that list of 11 innovators, JFFLabs reviewed more than 300 companies of all sizes and at all stages of growth and assessed them based on innovation, the efficacy and cost-efficiency of their offerings, and ability to generate social impact.
Here are the “2020 Innovators to Watch” (in alphabetical order):
- Embodied Labs, ETF@JFFLabs portfolio company, developer of an immersive learning platform that uses VR in training for the aging care workforce.
- EqualReality, developer of a VR platform that teaches soft skills related to diversity and inclusion.
- Floreo, developer of a VR learning tool for teaching individuals with autism spectrum disorder social and communication skills.
- Forklift-Simulator, provider of a VR learning tool that employers can use to train people to drive forklifts, screen drivers for their ability to operate forklifts, and assess drivers’ understanding of company safety policies.
- Interplay Learning, developer of a VR platform for training people in skilled trades such as HVAC repair.
- Mursion, a training company that uses VR to prepare people for high-intensity careers in industries like health care, education, and defense.
- Praxis Labs, a company that uses research-backed VR learning experiences to improve the outcomes of diversity and inclusion training.
- Strivr, developer of VR training solutions designed to increase employee safety, operational efficiency, and soft skills.
- Talespin, developer of extended reality (XR) systems for large companies.
- TRANSFR, provider of VR training tools that use first person simulations.
- Virtway, provider of an online 3D VR platform for hosting virtual events.
According to the report, immersive technologies are beginning to transform job training programs, with a growing number of employers using VR and other immersive technologies to simulate tasks that are risky or difficult to replicate, involve complex decision-making, or require repetition and practice to master.