MediVR's COO and Co-founder Jeremy Ong recently made an appearance on national radio to discuss the intricacies of the virtual humans market (15 March 2023). If you haven't heard of virtual humans, you're in for a treat. Our virtual humans, powered by InteractAI, are generative AI creations that can perceive, talk, and respond with human-like training behavior, making them ideal for training people management and communication skills in a safe and efficient environment.
MediVR has taken this technology and applied it to a wide range of industries, including healthcare, job interview training, and financial advisory settings. And the global virtual humans market is projected to grow at a compound annual growth rate of 44.7% in the forecast period, reaching a whopping US$440.3 billion by 2031.
In the interview with Ms Chua Tian Tian, Jeremy Ong shed some light on the intricacies involved in the virtual humans business, including R&D costs, partnerships with institutions and hospitals, and the challenges of bringing virtual humans into different industries. He also discussed how MediVR is a Microsoft Mixed Reality Partner and NVIDIA Inception Member, which helps the team stay at the forefront of this cutting-edge technology.
If you're interested in learning more about virtual humans and how they're changing the game in industries like healthcare, education, and finance, be sure to check out the podcast episode here, or Apple podcast and Spotify.