When the Financial Reporting Lab first decided to look at virtual and augmented reality (VR and AR) as a possible tool for corporate communications, it seemed like the use of these technologies was relatively niche and likely to take a long time before moving into the mainstream. However, 2020 changed that. The Covid-19 pandemic has massively accelerated the adoption of technology across business and communications. These changes are driving some to ask if the digitisation of communications will permanently switch from physical to digital. While the ultimate answer to this is currently unclear, it remains a good time to consider how VR & AR (the latter of which bridges the physical and digital) might work for corporate reporting.
Virtual and Augmented Reality in Corporate Reporting
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