OPUS COLLEGE OF BUSINESS
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THE CHALLENGE
A THREE-PRONGED APPROACH
The Immersive Business Simulator developed for the University of St Thomas is a harmonious blend of three distinct yet interconnected components, each contributing to a comprehensive and effective learning ecosystem.
IMMERSIVE BUSINESS SIMULATOR:
At the heart of our solution lies the Simulator itself, a robust immersive platform where students can delve into the world of business through interactive, gamified scenarios. Here, the complexities of business decisions unfold in real-time, allowing students to experience the consequences of their actions in a controlled, yet dynamic environment.
A VIRTUAL UNIVERSITY:
The virtual campus offers versatile virtual classrooms designed to mimic and extend the functionality of traditional learning environments. This includes expansive auditoriums for larger lectures, collaborative team spaces for group work, a screening room for media presentation, and intimate private classrooms for focused instruction. This virtual construct not only supports but enhances the learning journey, fostering a sense of campus community and belonging.
POWERFUL LEARNING MANAGEMENT SYSTEM (LMS):
Complementing the virtual spaces is a sophisticated Spatial LMS that serves as the backbone of the educational experience. It's engineered to deliver comprehensive knowledge assessments and garner insights into student learning patterns. This powerful tool empowers the University to design and deploy new business challenges, enabling continuous curriculum innovation and adaptation to the evolving business landscape.
The integration of these components onto the contXtual platform has not only revolutionized the learning experience for our client but has also set a new standard for immersive case studies in business, demonstrating the transformative potential of virtual learning environments in higher education
RETHINK:
GAMIFIED LEARNING
ENHANCED ENGAGEMENT
By employing gamified scenarios, the Simulator allows students to actively participate in their education, developing a 'muscle memory' of business concepts. This approach leads to faster learning and greater retention of information compared to standard lectures, with the added benefit of being able to practice repeatedly and learn from anywhere.
DIGITAL TWINS AND HIGHER EDUCATION:
Embracing the power of spatial computing, the reTHINK platform has enabled the client to deliver not just simulations, but captivating educational experiences. Digital twins are set to transform business education by turning mundane traditional case studies into immersive, real-time experiences, bridging gaps between campuses and fostering collaboration.
These sophisticated multiplayer simulations enhance instruction with live Avatar-driven interaction and collaborative experiences, promising to revolutionize how business concepts are taught and understood.
IMPACT AND RESULTS:
The Immersive Business Simulator has made a significant impact. Students now experience enhanced engagement and a robust understanding of business dynamics, while the University benefits from expanded distribution, data-driven assessments, and the ability to engage more students at reduced costs.
THE FUTURE:
We believe the use of digital twins will impact reputation, funding opportunities, attract top talent, and deliver a competitive advantage.
The Simulator is not just a tool but a revolution in education, positioning the Opus College of Business as a leader in adopting immersive technology—a formidable differentiator in the competitive landscape of higher education.
THE POWER OF RETHINK'S PLATFORM:
The swift and efficient development of the Immersive Business Simulator was made possible by the flexibility of the contXtual platform. With our advanced technology, the platform can create unlimited purpose-built virtual spaces, each meticulously tailored to meet the unique demands of any client. This capability allowed for the rapid customization of the Simulator's digital environment, aligning precisely with the educational goals of the client.
The platform’s agility ensured that the Simulator was not only a technological leap forward but also a pedagogical one, enabling a transformative educational experience that was once conceptual to become a vibrant reality for students.