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UbiSim Releases Nurse Readiness Crisis Report, Finds Nurses Are Too Often Unprepared for Challenges of Clinical Practice

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New data reveals almost half of nurses thought about quitting during their first year on the job, with 31% citing inadequate preparation for the realities of nursing as a primary reason.

BOSTON, Oct. 8, 2024 /PRNewswire-PRWeb/ — UbiSim [UbiSim __title__ https://www.ubisimvr.com/, the world’s first immersive virtual reality (VR) training platform built specifically for nurses, today released the findings of The Nurse Readiness Crisis: What Nursing Students Say They Need to Be Patient-Ready, which surveyed 800 individuals who received nursing education in the last five years in the United States. Bridging the gap between education and real-world practice is essential, yet the data found that new nurses in high-stakes environments may lack the confidence or practical skills needed as they begin their roles.

The journey to becoming a nurse presents significant physical, mental, and emotional challenges – from long clinical hours to demanding coursework, requiring both resilience and skill. According to The Nurse Readiness Crisis Report, 42% of nurses considered quitting in their first year due to inadequate preparation. Almost a quarter (21%) of students who dropped out or considered dropping out of nursing school cited difficulty in applying knowledge to practical situations as a key reason. Upon graduating from their nursing program, an alarming 35% of nurses felt unprepared to cope with high-stress environments.

The data underscores the critical need for nursing education to evolve and incorporate more hands-on, immersive training solutions that can help bridge this gap between theory and practice. Immersive technologies, like virtual reality (VR) simulation, have emerged as powerful tools to do just that. Nearly all students (92%) who had access to immersive simulation training reported that it was an integral part of their curriculum, and 89% said it helped them better prepare for real-world scenarios.

“I recall the fears I had during my own training—the fear of making mistakes, not knowing enough, and not doing enough for my patients and their families,” said Christine Vogel, MSN, RN, CHSE, CHSOS, Lead Nurse Educator for UbiSim. “The findings in the Nurse Readiness Crisis Report resonate with my experience and highlight the need for immersive, hands-on training to prepare students for complex care early in their education. With increasing patient acuity and workloads, today’s nursing students face even greater pressures as they navigate the challenges of building competence and resilience in demanding clinical settings.”

Unlike traditional clinical rotations, where students may only encounter certain high-stakes situations once or twice under supervision, VR simulation can recreate a wide variety of clinical scenarios, enabling students to practice essential skills repeatedly until they feel confident. Furthermore, institutions that invest in mentorship programs and mental health resources can significantly improve both student satisfaction and retention. A significant 75% of students said increased access to instructors would have made a meaningful difference to their education, highlighting the importance of the student-faculty relationship and the impact of the shortage of nurse educators.

“Our research underscores the critical gap in nursing education that is leaving students underprepared for the real-world challenges they face after graduation,” said Shawn Boom, CEO of Labster ApS, UbiSim’s parent company. “Immersive technology like UbiSim’s virtual reality nursing simulation can be a powerful solution to bridge this readiness gap by providing every nursing student with the realistic training they need to deliver the highest quality of patient care from day one on the job.”

Additional key findings include:

Nurses in critical care and emergency settings who considered dropping out of nursing school were 42% and 39% more likely than average, respectively, to say that VR simulation training would have improved their experience.Critical care nurses were alarmingly 47% more likely than average to feel unprepared to utilize medical technology after graduation, and obstetrics nurses were 39% more likely to feel unprepared to manage abusive patients or distressed family members.Rural students often lack access to clinical placements in cutting-edge medical facilities, putting them at a disadvantage compared to their urban counterparts. Notably, those who attended nursing school in rural settings were 29% more likely than average to say VR would have improved their educational experience.

Commenting about these findings, recent nurse graduate Bailey Arrata said, “Simulation as a part of my overall education was quite important, and UbiSim gave me the additional practice and confidence I needed to assess and treat patients. My competence was built from my confidence to speak up, request to take the lead, and ask questions.”

To learn more about the Nurse Readiness Crisis Survey, read the executive summary here.

METHODOLOGY
The Nurse Readiness Crisis survey was conducted between August 13th and August 29th, 2024. UbiSim commissioned Kickstand Research to conduct a survey of 800 respondents in the United States who have received nursing education in the last 5 years. The study was conducted at 95% confidence with a +/- 3.5% margin of error.

ABOUT UBISIM
UbiSim™ is the leading immersive virtual reality (VR) training platform dedicated specifically to nursing by Labster. By combining evidence-based immersive VR simulations with an intuitive, web-based authoring tool, UbiSim empowers faculty to customize and design simulations that are curated for their students’ learning objectives and align with the Next Generation NCLEX test plan and AACN Essentials domains. UbiSim is in use at hundreds of nursing institutions to advance the shared mission of addressing the nursing shortage by reducing the cost, time, and logistical challenges of traditional simulation methods and scaling high-quality nursing education. Founded in 2016, UbiSim was acquired by Labster ApS (http://www.labster.com) in 2021 and is the VR/AR solution winner in the EdTech Digest 2024 Cool Tool Awards and the Career Prep Platform of the Year in the 2024 EdTech Breakthrough Awards. Visit http://www.ubisimvr.com.

Media Contact

Abby Veach, UbiSim, 5127748886, Abbyveach@meetkickstand.com, https://www.ubisimvr.com/

View original content:https://www.prweb.com/releases/ubisim-releases-nurse-readiness-crisis-report-finds-nurses-are-too-often-unprepared-for-challenges-of-clinical-practice-302269641.html

SOURCE UbiSim

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Desay SV Collaborates with Qualcomm to Deliver New Intelligent AI Cabin Platform Powered by Snapdragon Elite Automotive Platforms

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Highlights:

New Desay SV G10PH is designed to support superior computing, graphics, and advanced AI-enabled cabin products for automotive OEMs, ensuring cutting-edge performance and functionality.The G10PH is engineered for real-time decision-making, adaptive responses, and proactive assistance to create tailored and intuitive driving experiences.Collaboration is built on a strong and long-term working relationship, marked by the successful development of innovative cabin platforms for global automakers.

LAS VEGAS, Jan. 10, 2025 /PRNewswire/ — Desay SV and Qualcomm Technologies, Inc. held a joint signing ceremony at CES today to commemorate the companies’ co-innovation to deliver Desay SV’s next-generation intelligent cabin platform, the G10PH. Desay SV and Qualcomm Technologies have a strong long-term relationship focused on developing innovative cabin solutions, which are now integrated into millions of vehicles across the globe. Building on this, the companies will collaborate on the G10PH intelligent cabin platform powered by Qualcomm Technologies’ Snapdragon® Cockpit Elite platform. 

The G10PH harnesses the advanced artificial intelligence (AI) capabilities, superior computing and high-definition graphics of the Snapdragon Cockpit Elite platform to push the boundaries of automotive technology. With the Snapdragon Cockpit Elite’s state-of-the-art Qualcomm Oryon™ CPU, Qualcomm® Hexagon™ NPU for accelerated AI performance and improved Qualcomm® Adreno™ GPU, this cutting-edge system provides automakers with the tools to deliver a smart, intuitive, and personalized experience for drivers and passengers*. Additionally, the G10PH enables real-time decision-making, adaptive responses, and proactive assistance, creating an exclusive intelligent cabin assistant that is finely tuned to users’ habits. Every vehicle utilizing the G10PH will feature seamless user interface and support personalized features designed to enhance comfort and convenience befitting a premium user-centric driving experience. 

“At the new inflection point of ‘Software-Defined Vehicle’ and ‘AI-Defined Vehicle,’ Desay SV, together with Qualcomm Technologies, launched the premium AI intelligent cabin platform G10PH, which marks another technological revolution in the process of intelligent cabin and is an important example of Desay SV leading the development of cabin intelligence upgrade,” said Jian Xu, CEO of Desay SV. “We hope that this platform will give a strong impetus to the intelligent transformation of global automotive manufacturers, reshape the new ecosystem of future mobility, and accelerate the realization of the era of intelligent mobility.”

“The automotive industry is on the brink of a new era of intelligent transformation, driven by software and AI. Qualcomm Technologies and Desay SV have built a robust foundation of collaboration, and with our combined expertise in intelligent cockpits and we are excited about the new products featuring Snapdragon Cockpit Elite,” said Nakul Duggal, group general manager, automotive, industrial, and cloud, Qualcomm Technologies, Inc. “These innovations will enable automakers to deliver more advanced AI features and experiences to consumers, setting a new standard in the industry.”

Intelligent cockpit is the carrier of various sensing and interaction technologies, and it reflects the state of development in intelligent vehicle technology. According to KPMG’s analysis, China’s intelligent cabin market will reach RMB212.7 billion in 2026, with a compound annual growth rate of about 17% from 2022 to 2026, and the penetration rate is expected to increase from 59% to 82%. According to the “Smart Cockpit Assembly Data List for January-September 2024” by Gasgoo Automotive Research Institute, Desay SV holds the leading position in the market with an assembly volume of 630,492 units, accounting for 15.5% of the market share.

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About Desay SV

Desay SV (002920.SZ) is a leading mobility technology company with R&D and service branches in Germany, Japan, Singapore, Spain, USA, etc. The company focuses on efficiently integrating smart cabin, smart drive, and smart service. Relying on 39 years of accumulation, Desay SV has excelled in R&D, design, quality management, and intelligent manufacturing. Desay SV’s continuous innovation and comprehensive capabilities earn the long-term trust of global customers, including Chery, Geely, SAIC, Toyota, Volkswagen, Volvo, etc., and have helped it rank 74th in the Automotive News 2024 top 100 global auto parts suppliers. For more information, please visit Desay SV online at www.desaysv.com or follow us on: https://www.linkedin.com/company/13690363

About Qualcomm

Qualcomm relentlessly innovates to deliver intelligent computing everywhere, helping the world tackle some of its most important challenges. Our proven solutions drive transformation across major industries, and our Snapdragon® branded platforms power extraordinary consumer experiences. Building on our nearly 40-year leadership in setting industry standards and creating era-defining technology breakthroughs, we deliver leading edge AI, high-performance, low-power computing, and unrivaled connectivity. Together with our ecosystem collaborators, we enable next-generation digital transformation to enrich lives, improve businesses, and advance societies. At Qualcomm, we are engineering human progress. 

Qualcomm Incorporated includes our licensing business, QTL, and the vast majority of our patent portfolio. Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, operates, along with its subsidiaries, substantially all of our engineering and research and development functions and substantially all of our products and services businesses, including our QCT semiconductor business. Snapdragon and Qualcomm branded products are products of Qualcomm Technologies, Inc. and/or its subsidiaries. Qualcomm patents are licensed by Qualcomm Incorporated.

Qualcomm, Snapdragon, Qualcomm Oryon, Hexagon and Adreno are trademarks or registered trademarks of Qualcomm Incorporated.

*All performance targets are compared to previous generation, based on preliminary internal testing, and subject to change upon final validation. 

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SOURCE Desay SV

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VerifiedX Releases VFX SwitchBlade Wallet Featuring First-Mover Bitcoin Utility at BitMart

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TORONTO, Jan. 10, 2025 /PRNewswire/ — The VerifiedX (VFX) Network, VerifiedX.io, has launched its mainnet non-custodial wallet VFX SwitchBlade, which enables full native Bitcoin functionality. The VFX SwitchBlade also supports a ‘first-mover’ fully decentralized and self custodial Bitcoin Tokenization (Verified Bitcoin) with on-chain native features, enabling real day-to-day utility, while solving current frictions for all Bitcoiners globally today. 

 

Verified Bitcoin (vBTC) enables anyone the ability to save, spend, withdraw, borrow, lend, mint & transfer media / documents, and vault actual Bitcoin with on-chain recovery features eliminating the need for third-parties or hardware wallets, through a feature rich simple text smart contract. This incredibly unique Bitcoin token provides for enhanced privacy with near-instant transaction finality, all with near-zero fees. Verified Bitcoin tokens are transferable in any denomination completely peer-to-peer, so long as they have a native Bitcoin balance and always maintain a fully decentralized and non-custodial evergreen 1:1 peg. This means that 1 vBTC will always equal 1 BTC and token owners may withdraw their underlying Bitcoin anytime with a ‘one-click’ multisig action or off-ramp the token itself, in whole or in part, at any participatory liquidity provider.

This empowering development will inevitably help provide congestion relief for the Bitcoin network, dramatically reduce Bitcoin holders cost of ownership and transfers, enable media embedding, and increase self-custodial security exponentially, adding immediate utility to holders of the largest digital asset class. It is anticipated that Verified Bitcoin may also help facilitate additional native scarcity with Total Value Vaulted (TVV) over time on VerifiedX Vaults.

VerifiedX – VFX (VerifiedX.IO) is the first open-source decentralized network that is both a universal layer 1 and a Bitcoin specific sidechain for the purpose of tokenized self-custody, on-chain storage, and peer-to-peer commerce of both digital & physical assets.

For Further Inquiries:
Website: https://verifiedx.io/
Discord: https://discord.gg/7cd5ebDQCj
Twitter (X)): https://twitter.com/vfxblockchain
Github: https://github.com/verifiedxblockchain

View original content to download multimedia:https://www.prnewswire.com/news-releases/verifiedx-releases-vfx-switchblade-wallet-featuring-first-mover-bitcoin-utility-at-bitmart-302348083.html

SOURCE VerifiedX.io

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Ratehub Inc. launches a new personal loans marketplace powered by its LoanFinder tool

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Canadian financial technology company launches a personal loans marketplace, simplifying borrowing for Canadians and helping members manage debt better

TORONTO, Jan. 10, 2025 /CNW/ – Ratehub Inc., a leading Canadian financial technology company, has launched a new personal loans marketplace as part of its mission to empower Canadians with the tools and resources to make confident financial decisions.

This launch brings Ratehub closer to its vision of becoming Canada’s go-to source and one-stop shop for all personal finance products. With LoanFinder, Ratehub’s custom-built tool, members can easily explore and compare a range of loan options tailored to their unique needs. Members can quickly secure pre-approval for the best rates, saving both time and money—all within one easy-to-use platform.

“Our launch into personal loans is an important milestone towards achieving our vision of being the one-stop shop for all consumers’ financial needs – spend, save, borrow, invest, and protect,” said Naga Parvatharajan, CEO of Ratehub Inc. “LoanFinder, is a game-changer for Ratehub members. It uses our own data and credit bureau information to pre-approve you for the best loan offers, all without impacting your credit score. We’re thrilled to be working with Fig Financial and Spring Financial as our first partners to bring Canadians simpler borrowing options and help them manage debt better.”

Ratehub members will benefit from:

Comprehensive loan marketplace: Best pre-approved offers through LoanFinder matched to the lender, maximizing members’ approval odds without impacting their credit scoresSeamless digital experience: A fast, fully digital loan application process from the convenience of members’ homesFinancial education: Access to expert articles and resources to guide members on what to look for when selecting loansTransparency: Clear and unbiased information to help members make informed decisionsValue: Save money by refinancing credit card debt, reducing monthly payments, funding home improvement projects, or other needs

“In today’s challenging financial environment, it’s more important than ever to provide the tools and resources that help Canadians make confident decisions,” said Natasha Macmillan, Director of Everyday Banking at Ratehub.ca. “Our goal is to support every Ratehub member based on their financial needs and journey. Our launch of personal loans will allow members to navigate these products and empower them to make well-informed decisions.”

Currently offering comparisons for personal loans, Ratehub’s ultimate goal is to provide a complete range of loan types, with personalized recommendations that help members find the perfect match for their eligibility and financial situation. Ratehub is committed to helping Canadians find their best borrowing option based on their unique financial needs, and ultimately empowering them to manage debt better and take control of their financial future.

About Ratehub Inc.
Ratehub Inc. is the one-stop shop for all consumer finance needs – Save, Spend, Borrow, Invest and Protect. We connect Canadians to the best financial tools, advice, and products on the market through our financial product comparison site and mortgage brokerage, Ratehub.ca, mortgage lender, CanWise, insurance brokerage, RH Insurance, and personal finance website, MoneySense. Millions of Canadians visit Ratehub.ca and MoneySense every year to get personalized recommendations on the best mortgage rates, credit cards, savings accounts, GICs, and insurance products. To learn more, visit www.ratehub.ca or www.canwise.com or www.rhinsurance.ca or www.moneysense.ca.

SOURCE Ratehub Inc.

SOURCE Ratehub Inc.

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