LONDON, Oct. 14, 2020 /PRNewswire/ — The adoption of digital tools including Augmented Reality (AR) and Virtual Reality (VR) in Human Resource (HR) departments can accelerate the HR digital transformation journey and add value to existing HR activities – especially in the wake of COVID-19. According to a new report from global tech market advisory firm ABI Research, by 2025, there will be close to 60 million active users of AR for expertise and training applications across various verticals, such as healthcare, logistics, Architecture, Engineering, and Construction (AEC), and manufacturing.
“Both AR and VR solutions can allow HR departments to reach potential talent more creatively, assess workers in novel ways, and support workers with improved and remote-enabled training and employee collaboration. This can save time and costs (AR/VR training can save between US$2,000–US$2,500 per employee in comparison with traditional training) and enhance the candidate/employee experience and build
Visa applications for technology jobs in the UK skyrocketed in September 2020, making it the highest month for Tech Nation applications since the platform started keeping records in 2014.
August 2020 was also found to be the third highest month for visa applications on record.
According to Tech Nation, applications in the third quarter of 2020 were up 42% compared to Q2, which was hit hard by the economic effects of the COVID-19 pandemic. However, the number of applications also exceeded those from the third quarter of 2019 by 8%.
Tech Nation, which was founded in 2010, is designated by the Home Office to endorse applications for the Global Talent Visa in digital technology. The Global Talent visa, or Tier 1 visa, can be used to work in the UK by leaders, or potential leaders, in the fields of academia or research, arts and culture, and digital technology.
Data from Tech Nation has revealed that September 2020 saw the most UK tech visa applications since records began in 2014
August 2020 saw the third highest number of applications, according to Tech Nation data.
The UK Tech Nation visa, designated to Tech Nation by the Home Office, allows tech talent worldwide to work in the country’s digital technology sector, contributing expertise and innovation.
In the third quarter of 2020, visa applications rose by 42% from the previous quarter, and were up by 8% from Q3 2019.
Applicants to the scheme have predominantly come from India, Russia and the United States, with the most common backgrounds being artificial intelligence (AI), cloud computing and software development.
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The Georgetown University McDonough School of Business’ Master of Science in Management program recorded a 296% increase in applications for its latest class.
The graduate program is a 10-month, accelerated business degree program designed to help students who hold non-business bachelor’s degrees to enter the business world. The program’s second cohort will feature a total of 68 students, up from the 31 students in the inaugural 2019 group.
The new class of 2021 will feature students from 17 colleges and universities across the United States. Of the new students in the program, 45% hold Bachelor’s degrees in the humanities, social sciences or liberal arts, 35% in business and finance, 13% in STEM-related fields and 7% in economics, according to the program’s own statistics.