See how much VR simulators can save you

Use this ROI calculator to see how much you can save by providing onboarding and training for your employees using virtual reality – compared to traditional methods.

About your company

Company name

Number of Employees

Those who need onboarding/training

Average hourly pay

For those who need onboarding/training

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Your investment

VR content development cost

An estimate for the VR training module

Licensing, maintenance, and support costs

This is usually 10-25% of the content development

VR training hardware implementation cost

For standalone (1500$) or computer-powered device (3500$)

Cost of internal resources

Time and effort of your in-house team needed

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Saving on travel

Reduced trips

This is how many trips are reduced per year due to VR

Trip cost

This is how much one trip for one employee costs

Wasted work hours

How many work hours are wasted due to one trip

Estimated travel savings

Savings on the eliminated travel expense

Savings on travel productivity gained

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Training

Traditional Training Duration

How many hours does it take?

Number of training sessions

How many times a year is the training taken?

Saving on training

Efficiency savings

How much quicker (%) VR training is to complete vs. standard training

How much $ you can save due to the shorter training time

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Materials

Equipment and material cost

Cost of materials needed for training per year

Savings On Materials Usage

Eliminated cost of needed materials per year

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Incidents

Work incident cost

How much on average can an incident cost?

Hours of productivity time lost

How many hours are lost due to a single incident?

Incident frequency

What is the average number of incidents per year?

Savings on incident reduction

Costs saved by eliminating incidents

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Here’s how much you can save by implementing VR training

1. One-off cost	$ 00000,-
2. Annual cost	$ 00000,-
3. Annual travel cost	$ 00000,-
4. Cost of unproductive hours while traveling	$ 00000,-
5. Time saved compared to traditional training	$ 00000,-
6. Cost of equipment and materials saved	$ 00000,-
7. Incident savings	$ 00000,-
8. Average one-off cost financing	$ 00000,-
9. Annual savings	$ 00000,-
10. Time of return on investment	$ 00000,-
11. Savings within 5 and 10 years	$ 00000,-

Savings chart

Let’s talk about how much we can help you save by implementing VR training for your business.

team@chronospace.com

See how much VR simulators can save you

About your company

Your investment

Saving on travel

Estimated travel savings

Training

Saving on training

Materials

Incidents

Here’s how much you can save by implementing VR training

Savings chart

Let’s talk about how much we can help you save by implementing VR training for your business.

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