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Virtual reality is a technique with high-end user-computer interface that involves real-time simulation of objects and interaction through multiple sensorial channels. These sensorial modalities are visual, auditory and tactile. This article highlights virtual reality concept, its applications in business segments and the software in operation in virtual design.

 
 
 

Virtual Reality (VR) is a visualization tool and its power lies in its ability to penetrate many areas of our lives. Business is no exception to this, and the new focus of many virtual reality developers is various business segments. If one can present real-time financial data using VR techniques, the changes in the market in the real-time can easily be understood. We can virtually see the financial transactions, firms' share status, investors' analysis, trend in the market, Foreign Institutional Investment (FII) and Foreign Direct Investment (FDI) and other aspects of the financial market on TV. Today's market being so volatile, technology trends are fast changing and financial sustenance is becoming very critical in the face of dense competition. VR is a handy tool for businesses under the circumstances. Business being so diverse in its nature, VR is one cyber tool that helps business linkages in their modus operandi.

It is a virtual environment created by computers, in which people can involve themselves and feel that real-time artificial realities really exist. It is also a computer technology for simulating visual, auditory and other sensory aspects of complex environment.

The virtual reality techniques like 3D graphics, computer animation, multimedia techniques, graphic user interfaces and interactive applications pave way for virtual tour to implement the above business applications. Virtual setups in the above stated areas will focus on the strategy to be adopted in order to make the stated tasks effective.

 
 
 
 

Virtual Reality in Business, Foreign Institutional Investment, FII, Foreign Direct Investment, FDI, Artificial Intelligence, Knowledge-based Expert Systems, Computer Graphics, Computer Animation, Multimedia Computing, Graphical User Interface, GUI, Virtual Accounting, Online Shopping, Information Society Technologies, 3D Graphics.