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For these companies, AR is already saving money

When the Microsoft HoloLens was unveiled to the world, it came with the promise of providing massive efficiency gains. Around two years on, there have been enough early adopters of the technology with real-world examples to back up those claims.

Despite still being a product at the dev-kit stage, the HoloLens has already proven to be an exceedingly useful tool for the companies mentioned in this article, saving them tens of thousands of dollars and condensing processes that would have previously taken months into a few hours.

What this shows is that companies need to be ready now to integrate AR/MR technology into their workflow because early-adopters have already gained an advantage over their competition with this technology. Very soon, it won't be a case of how far ahead will your company be by adopting AR/MR; instead, you'll need to be aware of how far behind the norm you'll be by not adopting it quickly enough.

The beauty of working with large-scale industrial processes is that even small improvements can have a dramatic effect on the bottom line, so the large possible impact of HoloLens adds up quickly according to Waind. “We save about $16,000 every time we catch a truck that isn’t fitted with the correct bolts inside it, for example, because that’s not only a truck you can’t sell, but you have to stop the entire production line, and you lose those five or ten minutes times about 175 people,” he said. “Each mistake really adds up because they’re compounded on such a phenomenal scale; catching them saves a lot of money. So even if the initial investment in the technology can seem high, it’s offset against those savings and definitely starts to look like a much more viable proposition.”

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