The Cost Benefit Analysis model below is for a company that we recently outfitted that needed to evaluate/train 100 employees annually over a period of five years. Their previously contracted rate per session was $50 per evaluation and $10 for fuel and vehicle cost.

VR Driving Simulator vs Traditional Driver Training

VR Simulator
Year 1

Triple-Monitor Simulator Package – $14,900 Delivery and Setup – $3000 (North America)

Traditional Training
Year 1

Contracting Driver Trainer – $5000 ($50 x 100) Fuel and Vehicle Costs- $1000 ($10 x 100)

Year 2

Software Support Services – $1295

Year 2

Contracting Driver Trainer – $5000 ($50 x 100) Fuel and Vehicle Costs – $1000 ($10 x 100)

Year 3

Software Support Services – $1295  

Year 3

Contracting Driver Trainer – $5000 ($50 x 100) Fuel and Vehicle Costs – $1000 ($10 x 100)

Year 4

Software Support Services – $1295  

Year 4

Contracting Driver Trainer – $5000 ($50 x 100) Fuel and Vehicle Costs – $1000 ($10 x 100)

Year 5

Software Support Services – $1295  

Year 5

Contracting Driver Trainer – $5000 ($50 x 100) Fuel and Vehicle Costs – $1000 ($10 x 100)

Total (over 5 year period)

$23,080.00

Total (over 5 year period)

$30,000.00

Benefits of utilizing a simulator with VR Driving School software:

Training and evaluations will be more targeted to your specific needs and learning outcomes

In-house accessibility will make scheduling evaluations and training more convenient

Built-in Web Admin Portal allows for immediate access from anywhere to all employee records

More attractive and engaging for younger employees

24/7 access allows employees on all shifts to improve in problem areas

Environmentally friendly initiative