AI applications are simplifying learning and development practices for professionals. With further evolution of Artificial intelligence, we can expect the deep learning experience to leap out of the two-dimensional constraints (put by a screen interface) and into a three-dimensional learning experience that will bring together the real and imagined in one place. How AI is changing the learning and development practice and culture of organizations - large and small. If you think about it, artificial intelligence definitely has the potential to revolutionize traditional learning and development practices and processes in companies across the world. The fundamental difference is that AI-powered learning platforms are not process driven but people driven. More importantly, it helps companies personalize learning experience at scale. Why Should Your Company Try AI-powered Training and Development programs? AI-powered training and development programs offer a range of benefits for employees and companies, including: 1. Personalized learning experiences AI-powered learning platforms can offer personalized learning experiences that are tailored to each employee's unique learning preferences and abilities. This approach can help employees learn more efficiently and effectively, which can lead to better performance on the job. Harvard Business Review (HBR) published an article about how AR (augmented reality) has already started to redefine the training, coaching and instructional part of the learning and development cycle. “Early AR adopters like DHL, the U.S. Navy, and Boeing have already discovered the power of delivering step-by-step visual worker training on demand through AR. AR allows instruction to be tailored to a particular worker’s experience or to reflect the prevalence of particular errors.” (Source: HBR, Why Every Organization Needs An Augmented Reality Strategy. Nov-Dec 2017, ) 2. Real-time feedback With AI, learners can receive real-time feedback on their performance, which can help them improve more quickly. This feedback can be based on their individual progress and learning objectives, which can help them stay focused and engaged. 3. Improved engagement By providing personalized and job-specific training, AI-powered learning platforms can help employees learn at their own pace and focus on areas where they need more assistance. This approach can help increase engagement and retention, while also improving learning outcomes. 4. On-the-job training AI-powered learning systems can provide employees with on-the-job training, which can help them quickly master new skills. This is particularly beneficial for employees in positions that require ongoing skill development. 5. Cost and time savings AI can automate many of the repetitive tasks associated with training and development, such as developing training modules and grading tests. This can help organizations reduce costs and save time, while also improving efficiency and productivity. 6. Performance Tracking and Evaluation AI-powered learning and development platforms can track an employee's progress and evaluate their performance. This information can be used to identify knowledge gaps and areas that require improvement. Performance tracking and evaluation can also help managers and HR personnel provide targeted support and feedback to employees, which can help them grow and develop their skills. 7. Better Decision Making AI-powered learning and development can help companies make better decisions by providing them with data-driven insights into their employees' skills, knowledge, and performance. This information can be used to identify areas where additional training is required or to evaluate the effectiveness of existing training programs. 8. Virtual Reality Training Virtual reality (VR) technology is another application of AI-powered learning and development. VR can create immersive learning experiences that simulate real-world scenarios. This can help employees learn and practice complex skills in a safe and controlled environment. For example, VR can be used to train pilots, surgeons, and firefighters. 9. Continuous Learning Continuous learning is becoming increasingly important in today's fast-paced business environment. AI-powered learning platforms can help companies create a culture of continuous learning by providing employees with access to on-demand learning materials. This can help employees stay up-to-date with the latest trends and technologies in their field. 10. Scalability AI-powered learning and development programs are highly scalable, which means they can be easily implemented across large organizations with diverse workforces. This is particularly important for companies with a global presence, as it ensures that all employees receive the same high-quality training regardless of their location or language. As we move towards an increasingly digital world, organizations must adapt to keep up with the rapid pace of change. In today's competitive business landscape, it is crucial for companies to invest in their greatest asset - their employees. That's where the power of AI comes in. As business leaders, we must recognize the potential of AI-powered learning and development programs in transforming the way we train and grow our employees. By leveraging the power of AI, we can personalize learning experiences, provide real-time feedback, improve engagement, and offer on-the-job training - all while saving time and costs. But the true value of AI-powered learning goes beyond the tangible benefits. It lies in the ability to create a culture of corporate learning and growth within our organizations. By prioritizing employee development and investing in their skills, we can foster a sense of purpose and fulfillment in our teams, ultimately driving better performance and results.
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Knowledge management systems (KMS) have evolved out of their early days of recording and storing data. In the digital age, knowledge management software is decentralizing access to knowledge. By leveraging advanced AI and natural language processing technology, knowledge management software delivers comprehensive answers to complex questions in real time. Advanced knowledge management solutions like ShareLook IQ index vast amounts of data and organize it into a user-friendly format. The processing power of ShareLook IQ empowers businesses to make informed decisions through reliable insights. Everything You Need to Know about the Knowledge Management System. A knowledge management system (KMS) can be a software platform that can store, organize, interpret, and share knowledge and information. A KMS can take many forms, including a database, a wiki, a document management system, or a content management system. The primary goal of a business knowledge management system is to help an organization manage knowledge effectively, improve collaboration and communication, and drive innovation. Five Key Features a Knowledge Management System 2.0 Should Have. 1. Powerful Search Knowledge management software typically includes a powerful search function that enables users to quickly find the information they need. The search function can be customized to allow users to search by keywords, metadata, tags, and other criteria, making it easy to find relevant information. 2. Content Editing and Auditing KMS includes tools for content editing and auditing. Businesses can ensure that the data is accurate, up-to-date, and relevant. Furthermore, content can be audited for accuracy and relevance, and outdated information can be removed or updated as necessary. 3. Backup and Restore Facilities Backup (and restore) prevents data loss or corruption. This ensures that critical information is always available, even in the event of a system failure or other unexpected events. 4. Cloud Library Many knowledge management software solutions are cloud-based, and can be accessed from anywhere with an internet connection. This feature enables organizations to easily share information across different departments, locations, and teams, making it easier to collaborate and share knowledge. 5. Branding and Customization Knowledge management software solutions allow organizations to brand and customize the interface to match the company's branding and visual identity. This creates a seamless user experience and reinforces the organization's brand identity. Now, the knowledge management system is taking the biggest leap with ShareLook IQ. Knowledge Management System 2.0 With AI ShareLook IQ is challenging the frontier of knowledge management. ShareLook IQ brings advanced AI and machine learning technology to knowledge management software. It adds the ability to analyze the stored data and turn it into insightful answers to empower entrepreneurs, managers, and team members at all levels. Five Benefits of ShareLook IQ 1. Easy Access As a knowledge management system, Sharelook IQ is designed to help users manage and organize their information for easy access. Easy access also means you save time. We have decluttered the process of finding an insightful answer. It’s simple. You type a question or query and get an insightful answer. 2. Lean Operation For Customer Happiness Eliminate the steps to create lean operations. How? You can use ShareLook IQ as your customer agent or chatbot and instead of giving customers useful links, it can interpret the knowledge and present it into actionable solutions in the chat. No more your customers have to click the links, read the content, and construct an answer for themselves. Now, they just have to follow the steps. 3. Improved User Experience As a knowledge management system, ShareLook IQ is designed to provide a user-friendly experience that makes it easy for users to access and organize their information. This improves the user experience and makes searching for information a more enjoyable and stress-free experience. 4. Accuracy with Relevance Accuracy and relevance are crucial elements of ShareLook IQ. ShareLook IQ uses advanced algorithms and machine learning techniques to ensure that the information provided is accurate and relevant to the user's query. For e.g: Let's say there’s a tech error, and rather than going through the normal route of solving a tech error. You type the specific error message and ShareLook IQ provides you a list of potential solutions. 5. 10X Productivity It can remove steps in routine operational activities to gain efficiency. Once the knowledge base of the routine operational activities is stored in ShareLook IQ, it can decentralize access and make it available in one click. A store operator can feed stock data together with the seasonal trends in ShareLook IQ and it can analyze the data using the set parameters and give guidelines on when to order and how much. Essentially, it can transform itself into a stock management system. Finally, the more data ShareLook IQ can play with, the better it will perform. Five Takeaways: The Knowledge Management market is ripe to evolve. Knowledge management solution (KMS) 2.0 will harness the power of AI and machine learning to process data. KMS 2.0 will include the power of analysis and interpretation over storing and sharing abilities of the existing solutions. KMS 2.0 can transform the way a company scales its knowledge power. Early adopters will reap the biggest benefits because they will master new knowledge management tools before others do. CTA: We are launching ShareLook IQ in three months, join the waiting list to gain free access to our beta version.
On-the-job training experience is one of the best ways of imparting specific skills to your employees. Polishing the skills of your employees in real life day to day challenging situations, and keeping them engaged at the same time, can add value to your training program. And this is one area where Augmented Reality (AR) and Virtual Reality (VR) training truly shines out. Virtual Reality (VR) Training Platform Nowadays, VR is receiving more attention in the online training sector, thanks to devices such as Gear VR, and Oculus Rift. But, what is Virtual Reality Training? Basically, VR based training allows the trainee to explore a 3D environment that is related to the subject matter using a special audio-visual headset. The trainee is totally immersed in the simulation to the point that they start to respond to it just as they would in a real-life situation. Not only do the trainees acquire the relevant information concerning their job, but they start practicing their skills right away in a virtual world. This virtual setting makes learning truly interactive, immersive, and engaging. For example, if you have several coffee shops situated in different geographical locations, you can use VR to train your employees. Let’s say that you need your employees to improve their customer service skills. Using VR technology, you can create real-life situations with actual scenarios. In this case, create a 3D coffee shop, with customers of all sorts, where the employee needs to deal with unpleasant and even aggressive customers. Each scenario can be analyzed, and present the right way to deal with the situation if the employee didn’t handle it well. Unfortunately, AR implementation may be very costly and not doable for SME’s. These days, the main industries to embrace the VR technology are gaming and medical industries. The video games market was estimated to be worth 17 billion U.S. dollars in 2015, and is expected to reach over 20 billion by 2020. However, VR is not only fun and games; the healthcare industry is aiming at saving lives by allowing young interns to practice surgical procedures on virtual models rather than live patients. VR can also help patients to deal with fears of things like flying, and claustrophobia; soldiers also, with post-traumatic stress disorder (PTSD). Augmented Reality (AR) Training Platform AR allows you to add layers of digital content onto the physical world that your learners can view via an iOS or Android device. An AR platform creates a mind-blowing experience that enhances the learning experience, and redefines the learning space. Learners create Augmented Reality experiences on the subject matter to bring their learning to life using a mobile app, such as Anatomy 4D. For example, if one of your coffee shops’ technician is new and doesn’t know how to fix a certain equipment, an experienced technician in a different coffee shop can assist him without having to travel. Using both an AR app and his phone camera, the new technician can share a real-time video with the experienced technician, who then views the equipment via the AR app and guides the junior through the steps of fixing it. You can record such videos, and archive them for future training or reference. In this case, AR training not only reduces delay, but also saves you the cost of ramping up the number of new technicians who can tap the expertise within the organization, irrespective of the distance. The result is an effective real-life training from the experienced technician who can now concentrate on other important company activities since he doesn’t need to travel off-site. AR technology is much more affordable than VR, and it is less cumbersome to use. All you need is a smart phone or tablet which you probably already have. Some vehicle companies already supply their customers with an AR app where they can point the device at the engine, and relevant text appears on the screen, showing the inexperienced driver what is going on under the hood. It isn’t a secret that more engaged and motivated learners understand the subject better, and remember it longer. However, with emerging VR and AR technologies, the expected learning possibilities are endless. Sharon Stoerger, an author and professor at Rutgers University says, “These virtual world experiences also extend the boundaries of the traditional classroom where collective intelligence, as opposed to individual experience, becomes an important approach.”
On-the-job training experience is one of the best ways of imparting specific skills to your employees. Polishing the skills of your employees in real life day to day challenging situations, and keeping them engaged at the same time, can add value to your training program. And this is one area where Augmented Reality (AR) and Virtual Reality (VR) training truly shines out. Virtual Reality (VR) Training Platform Nowadays, VR is receiving more attention in the online training sector, thanks to devices such as Gear VR, and Oculus Rift. But, what is Virtual Reality Training? Basically, VR based training allows the trainee to explore a 3D environment that is related to the subject matter using a special audio-visual headset. The trainee is totally immersed in the simulation to the point that they start to respond to it just as they would in a real-life situation. Not only do the trainees acquire the relevant information concerning their job, but they start practicing their skills right away in a virtual world. This virtual setting makes learning truly interactive, immersive, and engaging. For example, if you have several coffee shops situated in different geographical locations, you can use VR to train your employees. Let’s say that you need your employees to improve their customer service skills. Using VR technology, you can create real-life situations with actual scenarios. In this case, create a 3D coffee shop, with customers of all sorts, where the employee needs to deal with unpleasant and even aggressive customers. Each scenario can be analyzed, and present the right way to deal with the situation if the employee didn’t handle it well. Unfortunately, AR implementation may be very costly and not doable for SME’s. These days, the main industries to embrace the VR technology are gaming and medical industries. The video games market was estimated to be worth 17 billion U.S. dollars in 2015, and is expected to reach over 20 billion by 2020. However, VR is not only fun and games; the healthcare industry is aiming at saving lives by allowing young interns to practice surgical procedures on virtual models rather than live patients. VR can also help patients to deal with fears of things like flying, and claustrophobia; soldiers also, with post-traumatic stress disorder (PTSD). Augmented Reality (AR) Training Platform AR allows you to add layers of digital content onto the physical world that your learners can view via an iOS or Android device. An AR platform creates a mind-blowing experience that enhances the learning experience, and redefines the learning space. Learners create Augmented Reality experiences on the subject matter to bring their learning to life using a mobile app, such as Anatomy 4D. For example, if one of your coffee shops’ technician is new and doesn’t know how to fix a certain equipment, an experienced technician in a different coffee shop can assist him without having to travel. Using both an AR app and his phone camera, the new technician can share a real-time video with the experienced technician, who then views the equipment via the AR app and guides the junior through the steps of fixing it. You can record such videos, and archive them for future training or reference. In this case, AR training not only reduces delay, but also saves you the cost of ramping up the number of new technicians who can tap the expertise within the organization, irrespective of the distance. The result is an effective real-life training from the experienced technician who can now concentrate on other important company activities since he doesn’t need to travel off-site. AR technology is much more affordable than VR, and it is less cumbersome to use. All you need is a smart phone or tablet which you probably already have. Some vehicle companies already supply their customers with an AR app where they can point the device at the engine, and relevant text appears on the screen, showing the inexperienced driver what is going on under the hood. It isn’t a secret that more engaged and motivated learners understand the subject better, and remember it longer. However, with emerging VR and AR technologies, the expected learning possibilities are endless. Sharon Stoerger, an author and professor at Rutgers University says, “These virtual world experiences also extend the boundaries of the traditional classroom where collective intelligence, as opposed to individual experience, becomes an important approach.”