What is the Return On Investment for a Simulator?

Investment for a Simulator?
What is the Return On Investment for a Simulator?

April 18, 2017

GlobalSim along with some of its clients have recently completed statistical analysis on the Return On Investment of purchasing a simulator.

This white paper examines the benefits of training in a simulator.  In many industries training in simulators is a forgone conclusion.  As this white paper explains there are many significant advantages to simulation which are not always obvious and considered by organizations that haven’t used simulators in the past.  These include:

  • Reduce Training Time & Expenses
  • Opportunity Costs
  • Increase the Efficiency of Novice Operators
  • Reduce Accidents
  • Screen Crane Operators
  • Monitor & Test Objectively
 

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