Top 10 Companies Leading the ARVR Revolution 2021 April2021

Page 1

2021 vol 04 ISSUE 11 Homido VR Leveraging Technology to Deliver an Exquisite VR Experience Contemporary Tech How AR/VR is changing the educaon space #GameChanger 5 ways how AR/VR tech is going to change the world 10 COMPANIES LEADING THE ARVR REVOLUTION 2021 TOP

AR/VR–ABoonIndeed!

Dfavoritetopicforschoolessaysorelocution competitionswas‘Technology–Aboonor bane?’Andwehadtostrikeabalancebetweenthe prosandcons?

oyourememberthosedayswhenthe

Thosewerethedayswhentechnologyhadjustbegun topenetrateourlives,andsciencefictionfilmswerea rage.Thosewerealsothedayswhenourconclusions tiltedtowardsbane.

Today’stechnologicaldevelopmentsareaharkback tothedaysoftheyorewhenwewatchedsic-fimovies andneverdreamtinourwildestdreamsthatwewould beexperiencingthemafewdecadesdowntheline. Thesearedayswhenithasbecomethebiggestboonif usedcorrectlyandwithoutgettingaddictedtoit.

Butthisdidnothappenovernight.Thetechrevolution anditsrevolutionariestookquitesometimeto experiment,learn,unlearnandcomeoutwiththe polishedfinishedproduct/service.ThenextHerculean taskwastoconvincepeopleofthebenefitsoftheir brainchild.Wehavecomealongwaysincethen.

Everydaywewakeuptosomenewtechnologicalinvention thatseemstobetterourlives.Whohadeverimaginedhow technologiesnamedaugmentedrealityandvirtualreality (AR/VR)wouldtransformourlivesandhowwelookedat theworldsittinginthesafeconfinesofourhomesor offices!

AR/VRhasmoretoofferthanpouringideasfromthe screenintotherealworld.Thesetechnologieshave redefinedhowweconductourdailyactivitiesandmanage ourprofessionallives,fromsecuritytoeducationto health/medical,navigation,retail,urbandesign,and employeetraining.

BothARandVRarebecomingcheaperthanearlierand morepopularthanever ARhasalreadyestablisheditselfin thecommercialsector,whileVRisundergoingseveral rapiddevelopments.Inthefuture,wecanexpecttosee morepenetrationofthesetechnologiesinvariousspheres.

Evenaswereminiscethosesci-fifilms,manydevelopments aretakingplace.Evenaswewatchpresent-daysci-fifilms, manybrainsareprobablyworkingtomakethemintoa realityinthefuture.

Asamarkofappreciationforthosewhochosethe untroddenpathtoletusbaskintheboonsoftechnology,we featuredtheminourlatesteditionofInsightsSuccess,Top 10CompaniesLeadingtheAR/VRRevolution2021.

Readmoreabouthowtechnologycantransformourlives forthebetterandwhatthetechno-geeksaredoingtospice upourliveswithdifferentflavorsoftechnology.

8 Five ways how AR/VR tech is going to change the world? gamechamger 20 How AR/VR is changing the education space? Contemporary Tech 32 A R T I C L E S HOMIDA VR Leveraging Technology to Deliver an Exquisite VR Experience
Back Light Providing an unparalled imersive experience 16 Paracosma Redifining the Experience of Reality 36 Make Real Providing meaningfull Learning experiences through immersive Technology 24 28 Tech Insights Build an Agile Business through Automation & Outsourcing Contents Contents
sales@insightssuccess.com August, 2021 Circulation Manager Tanaji Research Analyst Eric Smith Editor-in-Chief Sumita Sarkar Anish MillerSenior Editor Kelly, DavidBusiness Development Executives Managing Editor Sherin RodricksBusiness Development Manager Abhishaj Sajeev Art & Design Head Art & Design Assistant Rahul Shinde Visualiser David King Co designer Art & Picture Editor Priyanka Rajage Marketing Manager Joseph D'souza Technical Consultants Pratiksha, Aditya, David Technical Head Jacob Smile Assistant Technical Head SME SMO Executives Gemson, Renuka Digital Marketing Manager Alina Sege Assistant Digital Marketing Manager Amol Wadekar Copyright © 2021 Insights Success Media and Technology Pvt. Ltd., All rights reserved. The content and images used in this magazine should not be reproduced or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without prior permission from Insights Success. Reprint rights remain solely with Insights Success. Follow us on : www.facebook.com/insightssuccess/ www.twitter.com/insightssuccess Corporate Ofce Insights Success Media Tech LLC 555 Metro Place North, Suite 100, Dublin, OH 43017, United States Phone - (614)-859-2600 Email: info@insightssuccess.com For Subscription: www.insightssuccess.com We are also available on : RNI No.: MAHENG/2018/75953 Sales Executives Mark, Alice Amar Sawant Assisting Editors Trishika, Vinayak Rohil Shinganapurkar Paul Belin

Management BriefCompanyName

Augmedics augmedics.com

NissanElimelech FounderandCEO

Augmedicsdevelopsxvision™–anAugmented-RealityHeadMountedDisplayforspinesurgery.

BackLight backlight.fr

FSStudio FSStudio.com

AdrienColombié CEO PierreOlivier DESCHAMPS

FounderandCEO MiheerWalavalkar Co-founderandCEO

FredericLecompte& JonathanTamene Co-founders Homido homido.com LiveLike livelikevr.com

Makemedia teslasuit.io

SamWatts ImmersivePartnerships Director

Backlightisamultiaward-winningstudiospecializedin immersivehigh-endbrandactivation&premiumVR installations&contentforLocationBasedEntertainment.

FSStudioinnovatesandsolvesfortomorrow’sproduct developmentandR&Dchallenges.

Homido'smissionistodemocratizevirtualrealityby simplifyingthesearchforcontentandtheuseofVRheadsets intherange.

LiveLikeisaglobaltechnologycompanywhosediverse,allstarteamhascometogethertotransformhowpeople experiencelivesportsandentertainment.

Makemediadeliverscreativeandtechnicallychallenging digitalsolutionsacrossarangeofindustries.

MazeTheory maze-theory.com

Paracosma paracosma.com VirtualLatinos virtuallatinos.com

IanHambleton CEO KenEhrhart CEO JaimeNacach CEO

MazeTheoryconsistsofateamofteamofdigitalcreatives experiencedinanimation,gamesdevelopment,filmproduction andstorytelling.

ParacosmaIncisanAugmentedandVirtualRealitydesign, consultingandsystemsintegrationcompanythatprovides solutionsandskillstobothsmallandlargecustomers.

VirtualLatinosisthefirstplatformfocusedonconnecting entrepreneurs,teamsandagenciesfromtheUS,Canadaandthe worldwithvirtualassistantsandvirtualprofessionalsfrom LatinAmerica.

VRgineers vrgineers.com

MarekPolčák Co-founder

VRgineersdeliversnext-generationvirtualandmixedreality pilottrainingsystemsforprofessionalandmilitaryclients.

Homido VR

Leveraging Technology to Deliver an Exquisite VR Experience

What is reality, if not the incarnation of our imagination?

Howoftendowecontemplatethepowerthatour imaginationholds?Woulditsurpriseyouto knowthateverytechnologicalinnovationknown tothehumankindisthemanifestationofsomeone's imagination?

TheinnovationofAugmentedandVirtualRealityandthe mediumsofexperiencingthemwereconceivedfromthe verypurposeofbringingimaginationtolife.This innovationpavedthewayfornumerouscompaniestapping intoitspotentialapplicationsandtheexperiencesitcan deliver

Thisedition, Top 10 Companies Leading the AR/VR Revolution 2021,emphasizesoncompaniesthathave leveragedthecapabilitiesdeliveredbythisinnovation.And oneprominentnameamongthosecompaniesisHomido VRbyHMDTech

InthefollowinginterviewwithInsightsSuccess, Pierre-OlivierDESCHAMPS,theFounderandCEO, briefsusaboutthecompany'sglobalascensionandhis opinionsonthepresentandfutureoftheAR/VRniche market.

Pierre-Olivier DESCHAMPS Founder and CEO

Belowarethehighlightsofthe interview:

BriefourreadersaboutHomidoVR, yournichemarket,andyourvision. HomidoisaleaderintheVRmarket since2014.TheHOMIDO brand—specialistinmobilevirtual reality—wascreatedtomakevirtual realityaccessibletoeveryone.Our philosophyisthateveryonehasalready gotapartofvirtualrealityintheir pockets,weofferthetoolstoefficiently accessitviathesmartphone,andin providingtheecosystemwithhardware andaccessiblesoftwarewithoutany needsofknowledgeinVRarea.

HOMIDOproductshavebeengoogle certifiedandFrenchTechlabelled since2015.WeofferarangeofVR productsindifferentformats,dedicated todifferentuses:

Ÿ Marketing:weoffercustomization programforbigbrandsthatwould liketosurfontheVRwaves

Ÿ Education:Partnerofthegoogle expeditionprogramsince2015,and partnerofdozensothereducational

Top 10 Companies Leading the ARVR

programs,HOMIDOisamajor actorinthisfieldwithmorethan 250,000studentsusingour productseverydayinmorethan 3500schoolaroundtheworld.

Ÿ Health:wearepartnersofsome healthprogramsinEuropean countries(GermanyZ/UKmostly). VRcanhelpinsomediseaseslike Phobias,visualimpairment, hypnosis,etc.

Ÿ Entertainment,sports,ortraining arealsosomeusesweare developingwithourpartners.

HOMIDOisakeyplayerinmobile VR.Thebrandisdistributedthroughout theworldinaround50countries mostlyinB2Bfields.

Wehave4antennasofthecompany aroundtheworldwhichbringUSD5 millionturnoverin2020:

Ÿ HomidoFranceforEuropeanand Americanmarket https://homido.com/

Ÿ HomidoJapanforAsiamarket https://www.homido.jp/

Ÿ

HomidoRussia: https://homido.ru/

Ÿ Productiondepartmentlocatedin China

FromtheMadeinFranceproduct design/appdevelopmenttothe hardwareproductioninChina,the wholevaluechainiskeptundercontrol tobringqualityandreliabilitytousers. Then,wealsohavewarehouseslocated inChina,Belgium,USAtobereactive foreverycustomer

Whatmakesyourcompanya preferredchoiceoveryour competitors?Listtheproductsand yourexpertisethatyouwantto highlightinthisarticle.

WehavebeenspecialistsintheVR fieldforsevenyearsandwehavesold millionsofpieces,whichallowsusto getalargevolumeoffeedbackto alwaysimproveourproductstomatch withourcustomerrequest.

Revoluon 2021

Wehavedevelopedourrangeof productswithengineersandoptics specialiststoofferthebestexperience toeveryone.

Qualityproducts:

TheHomidoPrimeiscurrentlythebest virtualrealityheadsetontheMobile VRmarket.Qualityoflensesand comfortarejustthebestofthe market.Ourhandmadelenseswith trademark“Trueimmersionoptics”are themostefficientinthemarketforVR mobile,andthisproductismadetobe usedwithyourownglass(forglass wearers).

ThepatentedHOMIDOMINIproduct isarealmarketingtool,itisaperfect on-the-goVRsmartphone accessory.ThisisthesmallestVR headsetintheworldasitisfoldable, andwecancustomitveryeasily,that's

whyHundredsofbigbrandslike Disney,Hugo-Boss,Microsoft,SONY, Nestlé,Chanel,Oracle,Orange, Docomo,SoftBank…andmuchmore areworkingwithusfortheirmarketing campaign,andmorethanmillionsof pcshavebeensoldin2020for marketinguses.

AstheFounderandCEO,briefour readersaboutyourselfandyourgoal withHomido.

IGraduatedfromHEDECbusiness schoolin2008,andnowwithmore than12years'experiencein internationalbusiness,I'malways lookingfornewexperiencesand opportunities.

MygoalistomaketheHOMIDO brandarealtoolandhelppeoplein differentsectorssuchashealthor educationandtopushtheproducts beyondleisureuse.Thechoicetobe abletopersonalizetheproductsallows arealhighlightingofourpartners.

Beinginaleadershipposition,what isyouropinionontheimpactofthe currentpandemicontheAR/VR productsindustry?Andwhat

developmentscanbeexpectedinthe nearfuture?

Virtualrealitycanhelpinthis pandemiccontextandcanbeareal solution.

Thegreatadvantageofvirtualrealityis thatitallowstheusertobetransported toaplacewithoutalltheconstraintsof timeortravel.

Foreducation,manyschoolshavebeen closedorarecontinuingonline,virtual realityeducationallowsyoutokeepin contactwithteachersbykeepinga visualandhavingrealimmersive contentthatcapturestheattentionof studentsattheirhome.

Thesearenewtechnologiesthatwillbe exploitedmoreforthefuture,inorder toanticipatenewcrisesorlock-down inthefuture.

Whatisyouropiniononthe necessityforAR/VRcompaniesto aligntheirofferingswithlatest technologicaldevelopments, especiallywhenitcomestocatering totheever-evolvingconsumerneeds andpreferences?

Thetechnologysectorisconstantly evolving,youhavetoconstantlyadapt. Usesarechanging,fadingeffects.I thinkthatwhenwehaveatoollike virtualrealityinourhands,wemust firstexploitallthesepossibilities.

Asanestablishedbusinesleader, whatwouldbeyouradvicetothe buddingentrepreneursaspiringto ventureintotheAR/VRindustry?

Donothesitatetoembarkonnew projects,eventhecraziest,always listeningtonewprojects,doingmany partnershipswithdifferentcompanies havingaprojectwhateveritis,the Usesareveryvaried,andwecan alwaysfindasolutiontothe developmentsomeprojects,without fallingintofictioneither.

Howdoyouenvisiononsustaining yourcompany'scompetencyinthis ever-cutthroatbusinessecosystem?

Wheredoyouseeyourcompanyin thenextfiveyears?

TheHOMIDObrandhasdecidedto movetowardsamoreB2Bstrategyand participateinmajorprojectsthathavea meaningandausefulnessforhealth, forexamplebeyondtheuseofleisure. Wewanttogivemeaningandreal utilitytoday

That'swhywearereallyinvolvedinto suchprojectinmarketing,Education, training,SportinVR,healthfor visuallyimpairedpeople(in partnershipwithGIVEVISION companyinUK).

Providing An Unparalleled Immersive Experience

rompicnicgroundstotheme

Fparkswithshows,ridesand thrills,amusementparkshave comealongwaywithhyperreality diminishingtheboundariesofthereal andthevirtual.

So,eventhoughyoumaybeseatedon achairwatchingashow,youcan experiencewaterdropletsonyourface, thewindbrushingpastyou,being attackedbyanimalsonthescreen,

flyinglikeabirdorevendrowningin thewater Therearemultipleoptions thatsimulatorscancreate.Welcometo theworldofvirtualrealitywhere opticalillusionsandsimulationsare usedtomakethevirtualworldseem real.

Recently,LasVegasmadethe headlinesforitsnewlyintroduced VirtualRealityParkwithOZ Experienceandsodidthecreatorsof thisvirtualandaugmentedreality experience.Wehadtheopportunityto learnmoreaboutthecompany, BackLightanditspursuitof

technologicaladvancements.

Excerpts from the interview: Briefourreadersaboutyour company,yournichemarket,and yourvision.

AtBackLight,wecreatehighly immersiveVirtualRealitycontentboth inentertainmentandbrandcontentas wellasAugmentedReality experiences.Farfromtheusualzombie shootinggames,thestudioaimsat showingthepublictherealimmersive

16|November 2021|www.insightssuccess.com

Frederic Lecompte Co-founders

potentialofcollaborativeexperiences thatare,bydefinition,notaccessibleat home.

VRisnotjustagamebutan experiencethatmakesamark.Our goalistoengagetheaudienceandto offerunprecedentedVR.

OnJanuary2021,BackLightreleased OZExperience,thelargesthyper realityexperiencescatalogdedicatedto LocationBasedEntertainment, enhancingitsownlicenses,from dynamicridestohighendhyperreality contentliketheinternationally knownescapegamenamedECLIPSE. Withthislaunch,theopeningofour firstVirtualRealityParkinLasVegas' newexperientialentertainmentcenter

AREA15.Webelieveincollaborative gamemechanicstobesharedwith family,friendsorcolleagues,with

advancedgraphicsandnarrationand whichputsfreedomofmovementand actionattheheartoftheiroperations.

Whatmakesyourcompanya preferredchoiceoveryour competitors?Listtheproductsand yourexpertisethatyouwantto highlightinthisarticle. BackLighthasanunparalleled experienceproducingimmersive content,firstforbrandsthenfor Entertainment,andnowownsan unrivalledcatalogofHyperReality solutions.

Hyperrealityincludesaphysical dimensionandadditionalsensorysuch asvibrations,wind,sensationsofhot orcold,smell…andmakesvirtualthe newreal.Thisisapromiseclientsand partnerscanlieonwhilechoosing BackLight.ECLIPSE,TOYLAND,

Jonathan
Tamene
Co-founders
Our goal is to engage the audience and to offer unprecedented VR. “ “ Top 10 Companies Leading the ARVR Revolution 2021 17|November 2021|www.insightssuccess.com

IcecubeProtocol,andmorerecently theco-created “Le Bal de Paris de Blanca Li” withthefamous choreographer,allreflectBackLight's know-howintermsofimmersion. Theyallreflectouruniquevisionof whatgoodVRentertainmentis: unencumbered,sensory,socialstory livingexperiences.

Beinginaleadershipposition,what isyouropinionontheimpactofthe currentpandemicontheAR/VR productsindustry?Andwhat developmentscanbeexpectedinthe nearfuture?

Nobodywaspreparedforthecurrent pandemic,andwithourmodellyingon LocationBasedVirtualEntertainment, weunfortunatelycannotsayweescape therule.Theyear2020wasreallyhard andleadustoreconsiderthingswhile thevenuesproposingourexperiences wereclosing.The1M$questionwas “howtocreatevaluewithXRduring lockdown”.Thefirstthingaccordingto usistomakehygieneandcleaninga priority.Regardingadeeperimpactof COVDonthemarket,thecrisiswill “skim”competition,withmorereliable companiessurvivinglockdowns.It shouldalsoleadtoanacceleratedform ofstandardizationofVRoffersina nearfuture.

Whatisyouropiniononthe necessityforAR/VRcompaniesto aligntheirofferingswithlatest technologicaldevelopments,

especiallywhenitcomestocatering totheever-evolvingconsumerneeds andpreferences?

VRquicklyevolvesandgroundbreakingexperiencesdependsonhigh endtechnologies.

Inourcase,aswebetonout-of-home entertainment,wemustbealigning withthelatesttechnological developmentswhichusuallygoalong smartuseoffootprintandmoreand moreuntetheredexperiences.We cannotbethefutureofVirtual Entertainmentusingtechnologiesfrom thepast.Still,werelyon“offthe shelf”technology,andneedtimetotest newtechnologies,figureouthow reliabletheyarebeforeimplementing theminourproducts.

Asanestablishedbusinesleader, whatwouldbeyouradvicetothe

buddingentrepreneursaspiringto ventureintotheAR/VRindustry? Youcanchoosetwopaths: Followthetrends,inspirefromthe leadingcompaniesandyoucanmake moneyfromthisbusiness.Oryoucan chooseoriginalityandexplore unknownterritories.Andthereare plentyoftheminVR!Anyway, whateveryourchoiceis,focuson consumersatisfaction.Theyarethe onethatwillmakeyousucceed,ornot.

Howdoyouenvisiononsustaining yourcompany'scompetencyinthis ever-cutthroatbusinessecosystem? Wheredoyouseeyourcompanyin thenextfiveyears?

Wefeellikewearepartofsomething bigsincewediversifiedinVRin2014. WedidwellevenifCOVIDhitus prettyhard,sosustainingour competenceswillimplyfindingthe

18|November 2021|www.insightssuccess.com

rightpartnerstokeeponinventing LBEVR.

Inthenextyears,afterbecomingthe undisputedleaderofLBEVRandonce theVRequipmentmoreaccessiblefor everyone,wewillhavestartedto investinB2C,producingVRcontent dedicatedtohomeuse.

Abouttheleaders FrédéricLecompteandJonathan Tamenemetinthevideogame industryandco-foundedBackLightin 2008asaCGanimationstudio, focusingoncraftandhigh-level renderingwhilediversifyingintonew territorieslikeARbackin2010orVR in2014.

Theduohasauniqueperspectiveof theVRmarketbothinentertainment andbrandcontentandtheir apprehensionofthisbrand-newwayof entertainingputtheminan unprecedentposition:atthetopofthe mostrewardedFrenchstudiointhe historyofvirtualreality.Fredericisthe strategicthinkingwhileJonathan handlesproduction.

ClientTestimonials–

ECLIPSEreviewsonTripadvisor

“Best VR I have ever tried.” “A VR journey so well done I was in there 400%. Big sensations.”

“Really great. Total immersion + the possibility of doing it twice while fully appreciating. Perfect.”

LeBaldeParisdeBlancaLi,commentsonInstagram “Unparalleled. Wonderful.”

“Dancing inside a Disney movie dressed in Chanel. There was certainly no better way to end this Christmas.”

“Definitely the show of the year. As we have been through it, it is impossible to describe in words the virtual reality show that we just enjoyed, amazing. I'm going to miss that gray tuxedo, the mask and the great guy he made me ”

TOYLANDreviewsduringpressrelease:

“the jewel of my trip […] one of the best VR entertainment experiences I have played.” Bob Cooney

“A true moment of FUN in decors worthy of the best animated films” Sortir à Paris

19|November 2021|www.insightssuccess.com

How

is

Changing the EDUCATION SPACE?

Digitalinnovationhasbeenimproving,givingstudents moreadmittancetointeractivedata.Inanycase,we're goingtoseeasignificantjumpforwardinthemanner illustrationsareinstructed.

VirtualrealityandAugmentedrealitycangivevivid encounters,allowingunderstudiestolearninanewmanner Ratherthansimplyperusingasetofexperiencesbook,the storycan,inarealsense,wakeup,completewithscenes, figures,andcontext-orienteddata.Envisionfindingout manyfamousoccasionsinhistoryasyouwatchthem happenaroundyouorholdingupyourcellphonetofilter andrecognizetheartmasterpiecesthatyou’recheckingout inanartgallery

Thisinnovationissimplygettingeverythingrolling,andwe willseesomegenuinelyunimaginableimprovementsinthe comingyears.Thatisthemotivationbehindwhy understudiesarepresentlypursuingmoredigitalbooks, observingmorevideos,andwebsearchesaregettingmore occupiedwithalook.

Presently,ifwetalkaboutvirtualandaugmentedreality, theydopreciselywhattheyouthsearchfor–engagement. Theygiveanintelligentlearningexperience.

TheparticularemploymentsofAugmentedRealityand VirtualRealitywillbebeyondanyreasonableamounttolist here.Inthisway,letuscoveraportionofthesignificant utilizationofARandVRinthefieldofeducation.

ARandVRinLearningandDevelopment

Weallhaveunderstoodthefactthatmoststudentspresently lovetabsandsmartphonesmorethanbooks.Augmented andVirtualrealityisaccordinglyexceptionallyvaluablein givinganintuitivelearningexperiencetokids.They connectwithunderstudiesbetter,empowerquickerlearning andprovideasuperiornatureofinstruction.

Augmentedrealitydoesn'tneedcostlyhardware.The studentssimplyneedtohaveacellphonetogettoallthe fundamentalinstructivedataforasubjectanyplace.

WithVR,studentssimplydon'thavetorelyupontext portrayalsandpicturesinthecoursereadingstolearn.They canexplorethespottheyarestudyinginthevirtualthree dimensions.

Vividapplicationscanpermitstudentstoencounterwhat theymayhaveencounteredbeforeandwitnessa memorablemomentutilizingadvancedreality.VRheadsets

20|November 2021|www.insightssuccess.com /
21|November 2021|www.insightssuccess.com

canbeutilizedfortripstoexhibitionhalls,nationswhile sittingintheclassroomorathome.Thiswillembrace studentswithachancetogetcomfortablewithverifiable occasionsandwilladdtoamorethoughtfulunderstanding ofthesubjects.

Itoffersstudentsthechancetojointhehypotheticaland down-to-earthportionsoftheillustrations.Immersive technologiescanincreasestudents'interestininventive arrangementsthataremorecaptivatingthansimplythe teachers'clarifications.Itadditionallyempowerssafeand successfulmedicalreenactmentstoinstructtraineedoctors andparamedics,decreasingdangerandboosting confidence.

ClassroomLearning

ARVRintheclassroomcantransformordinaryexercises intointelligenceandconnectwithinteractiveactivities. Vividadvancesassiststudentswithupscaling comprehensionandgraspingskills.Forinstance:anAR applicationcouldpermitstudentstoseedinosaursinreal lifeandinvestigatebirdandcreaturespeciesinareal-world setting.

StudentsRecruitment

VirtualTourspermitstudentstoinvestigateschoolor collegegroundsthroughouttheplanet.Thesevirtualvisits arelessexpensive.Virtualrealityencountersanincrement instudents'commitmentandassiststhemwithselectingthe perfectchoiceofcollege.

Distancelearning

VRpermitsustolimitthegapamongeducatorsand students.WithVR,distancelearningdevicescanunite educatorsandstudentsinasimilarroomwithadigital representationofthemselves–instructorscantransport themintotheVRworldandguidestudentsthroughtheir knowledgeandexperiences.

TraditionalVs.VREducation

Howstudentspracticelearninghasnotchangedaltogether fromthebeginningoftime.Factlearninghasforsometime beenaconventionalwaytodealwithschooling.Planning fortests,takingsessions,andattemptingtoenvisionastory withreadingmaterialisatypicalclassroomexperience.

Now,theimplementationofaugmentedrealityhas

permittedstudentstohaveamorevividandconnecting learningexperience.VRcanmovestudentsfromtheir benchtoRomanvestiges,permitthemtoblendunstable syntheticcompoundsandnoticetheresponsewithout genuinelyhurtingthem,andpermitthemtoseeaswellas associatewithvirtualuniverses.

WrappingUp

Virtualandaugmentedrealityischangingthemeaningof instructingandlearning.ARVRwillturnouttobemore reasonableasnewhead-upshowsandapplicationsbecome accessiblethatempowerhugescopeinundationatalower cost.Vividinnovationcanbethemostapparentinstructive forwardleap.

22|November 2021|www.insightssuccess.com

Providing Meaningful Learning Experiences Through Immersive Technology

Ifwetakeastepbackandconsidertheevolutionof contentinthisdigitalworld,wecaneasilytraceits progression.Everybrand,entertainment,andmedia outlethasrecentlyconcentratedongivingitsviewersan 'experience.'It'sallaboutincreasingandbroadeningthe possibilitiesforwhatanaudiencecandowithapieceof material.It'sgrownsocentraltothemissionthatcreating anexperiencehasbecomeacommodity.Asaresult, providingthemwithanexperienceisnolongersufficient.

Hence,thisisthetimetostealtheshow.Providingjustan experienceisnotenoughtocapturetheattentionofviewers. Withtheinsertionofimmersivetechnologies,ithasbecome moreinterestingaswellaschallengingforpeople.Make RealLtd;animmersivecontentstudioacceptedthis challengetodeliverimmersiveexperiences.

InaninterviewwithInsightsSuccess,SamWatts,the ImmersivePartnershipsDirector,sharesthejourneyof MakeReal,itsvirtues,anditsvisionintheAR/VR revolution.Belowarethehighlightsoftheinterview:

BriefourreadersaboutMakeReal,itsnichemarket, andvision.

MakeRealisanimmersivecontentstudiobasedin Brighton,UK,withafocusonlearning&development, training,andsimulationexperiencesforenterprise,witha dashofin-and-out-of-homeentertainmentandphysical installations;henceourmonikeris'SeriousFun'.We stronglybelieveinthepowerofimmersivetechnologies (mobile,AR,VR)infosteringpositivebehaviouralchange forpeopleatwork,inlearning,andatplaywhenapplied appropriately

We work closely with our clients and partners to enable them to fully understand and explore the possibilities and limitations, challenging themselves and us to deliver incredible experiences

WhatmakesMakeRealapreferredchoiceoveryour competitors?Listtheproductsandyourexpertisethat youwanttohighlightinthisarticle.

Ourstudioteambelievesinthepositiveoutcomesofour clientswhentheyapproachimmersivetechnologieswithan openmindandadesiretobedrivenbybusinessand learningobjectivesandoutcomes,ratherthanlettingthe technologydrivethedecisions.Weworkcloselywithour clientsandpartnerstoenablethemtofullyunderstandand explorethepossibilitiesandlimitations,challenging themselvesandustodeliverincredibleexperiences.

Werecommendstartingsmallanditeratingupwards, measuring,anddefiningsuccessandfailuretokeepor removeasasolutionmatures.

BriefusaboutSamWattsandhiscontributiontothe company.

SamWatts,ourImmersivePartnershipsDirector,hasbeena drivingforceforchangeandadoptionofimmersive

, ,, ,
24|November 2021|www.insightssuccess.com

technologieswithinthecompanysince2013whenitwas decidedtowinddownandswitchfromadata-drivenweb agencytoafullyloadedimmersivecontentstudioin2018. Hispurposeistofosterrelationshipswithimmersive hardwaremanufacturersandourwideraudience,educating andevangelizingtoourclientsandpartners,withan emphasisonlearningdesignforenterprisebutwitha mindsettomakeitfunandtrulyengaging.

Beinginaleadershipposition,whatisyouropinionon theimpactofthecurrentpandemicontheAR/VR productsindustry?Andwhatdevelopmentscanbe expectedinthenearfuture?

Sincethestartofthepandemic,wehaveseenanaccelerationinadesiretoshowcaseimmersivetechnologiesasthe futuretoolsofremoteworkingandvirtualcollaboration, howevermanyorganizationsarestilldefininghowtheir workforceoperatesintheshortterm.Whilstwehaveseen manycompaniesadoptimmersivetechnologiesfor increasinglylarger-scaledeployments,thesehavehad specificusecases,whereasthepotentiallaptopreplacement futurehypedbythehardwaremanufacturersisstillbeyond thegraspofmostorganizations.

ARandVRaretechnologiesswirlinginhypecycles, currentlybeingheavilyinvestedbyanycompanymentioning'metaverse',whichmakesmanyenterpriseorganizations waryofadoption,wishingtovalidateandmeasureROI ratherthanbeingsuckedintoanothermarketingfad.While therearemanypowerfulcasesandvalidationofimmersive technologies,sincethepandemic,therearenowover100+ collaborationandvirtualmeeting'platforms'indevelopment,anoverwhelmingamountofchoiceforanorganizationtoplaceabeton.

Lookingatthenumberoftrainingcompaniesenablingtheir contenttobeaccessedonlineorviaadesktopsincethe pandemicstartedtellsyouallyouneedtoknowaboutan organization'sabilityorwillingnesstoadoptheadset-based immersivetechnologiesatscale.

WhatisyouropiniononthenecessityforMakeRealto alignitsofferingswiththelatesttechnologicaldevelopments,especiallywhenitcomestocateringtotheeverevolvingconsumerneedsandpreferences?

AR/VRcompaniesshouldbestrivingtodevelopand supportOpenXRstandardstoensurewideinteroperability oftheirsolutionsacrossarangeofhardwaretodayandin thefuture.Withsomanystart-upcompaniescreatingtheir

ownnichegardenwithavarietyofheightenedwalls,itisa riskytimetoaligntoanentryplatformthatis,astechnologyhistoryshows,notnecessarilygoingtoexistorstillbe supportedinthemid/long-termfuture.

Thiscouldleaveanorganizationlockedinor,worse,locked outofadecaying,outdatedplatform.Rapiddesignand developmenttoiterateandreacttotheever-changing landscapesofdemandsanddesiresareimportant,justas beingabletoaccessandvalidateis,todefineanddecide uponinclusionorsupport.Thisneedsrobustinternaltools andprocessestomeasureimpactsoallstakeholdersand likely,investorsagree.

Asanestablishedbusinessleader,whatwouldbeyour advicetothebuddingentrepreneursaspiringtoventure intotheAR/VRindustry?

Therearemanyareasofexplorationandusecasesfor immersivetechnologiesthathaveyettobetappedand exploited.Dotheresearchintowhatusersoryourpotential customerswantorthinktheywantandalignthesetowhat youwanttoorcanbuild;wherearetheoverlaps,theniches, andtheopportunities.Therearemanythoughtleadersand futuristsintheimmersivetechnologyspace;makesureyou listentopeoplewithexperienceofbuilding,creating,and providingsolutions,notthosewhojustcapitalizeonthe latestbuzzwordstomaintainblusterintheirhotair balloons.

Sam Was Immersive Partnerships Director
Top 10 Companies
Leading the ARVR Revoluon
2021 25|November 2021|www.insightssuccess.com

Ignoretheapparentmoneysloshingaroundthespace;it's easytofeelsmallandinsignificant,butthere'salotof peoplebuildingthesamething,andtheycan'tallwin.Let thepressurecomefromwithin,notanunrealisticsetof externalgoalsandobjectivesbaseduponrevenuesatthis stage.

HowdoyouenvisionsustainingMakeReal's competencyinthisever-cutthroatbusinessecosystem? WheredoyouseeMakeRealinthenextfiveyears?

MakeRealhasalwaysbeenabletoprovidesolid,stable solutionsbuiltuponthelong-termoperationandfuture adaptability,incorporatinghardwareinnovations,or supportedfeatureswhenitbringstruebenefitstothe outcomesoruser Wemaintainpartnershipswithimmersive organizationsworkingwithinthehardwareandsoftware spacetocontinuetoexploreandevaluatenewfeaturesand functionalitytodeterminetheviabilityandvalidityof inclusionforourclientsandpartners'solutions.

Thestudioteamhasbuiltuptrustandrespectwithinthe industryandourcustomersbaseduponclarity,transparency,andhonestyaroundwhatcanandcannotbeachieved intheshort/mid/longterms.Theintegrityofourbeliefin thevalidatedusecasesandoutcomesmeanswelookto formlong-termpartnershipstosupportandfostergrowth internallyandforourcustomers.

Asthemarketmaturesandinstallsbasesgrow,weare balancingoutourrevenuestreamstoincorporateablendof sourcesasbespokeandoff-the-shelfexperiences,providing arangeofbusinessmodelsandprovisioningplatforms accordingtocustomerandusertastesandrequirements.

26|November 2021|www.insightssuccess.com

Build

anAgile Business through

Automation & Outsourcing

Whetheryou'reasolopreneur,smallbusiness owner,orpartofalargecorporation–chances areyouneedtofindthebestwaytoeithergrow yourbusinesssignificantlyormaintainyourmarketshareto staycompetitive.

Buildinganagilebusinessthroughautomationand outsourcingisagreatwaytosavetimeandmoneywhile improvingthequalityofyourwork.Butit'snotalwayseasy tofindtherightsoftwareorservicethatwillhelpyou automateprocessesinordertofreeupmoretimeforwhat mattersmost–runningyourbusiness!

Whatisanagilebusiness?

Anagilebusinessisonethatcanquicklyadapttochanges inthemarket.Companiesstriveforagilitybecauseit'sa wayofprotectingthemselvesfromsuddenshiftsintheir industryorcompetitorsenteringthemarketplacewitha betterproductorservice.

Inordertobeagile,acompanyneedstohavetheability andcapacityforrapidchange,aswellasanorganizational structurethatcansupportthosechanges.

Inthepast,itwaspossibleforacompanytostayagileby outsourcingcertainfunctionsoftheirbusiness.However,as competitionhasincreasedandnewtechnologieshave becomeavailable,companiesarefindingthemselves needingtooutsourcemuchmorethanjustcertainfunctions. Abusinesscanbuildanagileinfrastructurebyoutsourcing itsprocessesandautomatingthem,buttheyalsoneedto havetheabilitytodothisinanefficientmanner.

Iwanttosharethreestepsonhowtotransformyourself frombeinga'doer'tobecomingan'Automator'.And providesometipsonwheretostartwithautomatingtasks throughsoftwareaswellasoutsourcingserviceslikevirtual assistantsandcustomersupportteams.

Step1-Identifyyourneeds

• Beforeyoucandecidewhichprocessautomationtoolor VA/customersupportteamyouneed,youfirsthaveto identifyyourneeds.Askyourselfthefollowingquestion:

Whatareyourcurrentchallenges?

Doyoustrugglewithkeepingtrackofallyourdata?

• •
• •
Tech Insights 28|November 2021|www.insightssuccess.com

About theAuthor

Jaime Nacach was born in Mexico and currently lives in San Diego, California. He is a digital marketing expert with an MBAin marketing and strategy and 18+ years of marketing and graphic/web design experience.

Jaime is the founder of Bloominari, an inventive digital marketing and creative agency consulting with labels of all sizes on marketing strategy, design, and business automation.

He is also the founder and CEO of Virtual Lactinos, the first community to help NorthAmerican companies find and hire pre-vetted virtual assistants and professionals from LatinAmerica. He is an energetic leader, entrepreneur, marketer, and self-taught techie. By integrating creativity, business strategy, and technology, He has assisted 450+ companies to grow online and operate 20-30% more efficiently

2021|www.insightssuccess.com

29|November

• Aretherecertainrepetitivetasksthattaketoomuchtime?

• Istheresomethingspecificaboutyourcustomersthat makesthemdifficulttodealwith?

Definingwhichprocessesyouneedtooptimizeiskeytothe transformation.Onceyouknowthesethings,thenyoucan moveforwardtothenextstep.

Step2-Findtherighttoolforyou

Onceyou'veidentifiedyourneeds,you'llbeabletonarrow downyoursearchbyfindingtoolsthatfitthoseneeds. Thereisnoone-size-fits-allsolutionwhenitcomesto automatinganygiventask.So,beforeyouspendthousands ofdollarsonnewtechnology,makesurethatthisparticular softwareorservicehelpssolveyourproblem.Hereare somequestionstoask:

• Howdoestheproductintegrateintomyexisting workflow?

• Doesitrequiretraining?WillIneedadditionalpeopleto useiteffectively?

• CanIgetaccesstoexpertswhocantrainmeusingthis program?Ifso,dotheyofferliveonlineclassesata reasonableprice?

Thesearejustafewexamples,butifyouthinkabouteach questioncarefully,youshouldbeabletoquicklyfigureout whetherornotthissoftware/servicewouldbenefityou.In addition,manycompaniesalsooffertrialperiodstotest theirproductswithoutcommittinganythinglong-term.This givesyouachancetoseeifitworksforyoubefore investingalotofmoney.

Therearemanydifferenttypesoftoolsavailabletodaythat canbeusedtoimproveefficiencyatanystageofaproject. Someexamplesincludetaskmanagementsystems, documentmanagementsolutions,CRMplatforms,email marketingprograms,contentcreationapps,etc.Itreally dependsonyourindustryandtypeofbusinesswhetherone solutionfitsbestoveranother.Myfavoritetoolsto automateprocessesareZapierandJotform.

You'lllovetheirintuitiveinterfaceandabilitytocreate formseasilywithoutthecodingknowledgerequired. Formepersonally,thishasbeenextremelyhelpfulbecause Idon'thaveenoughtimetocodeeverysingleform manually.So,ifsomeonewantstosignupforour

newsletter,theyjustfillouttheformviaJotform,andIget notifiedinstantlywhentheysubmit.

Step3-Outsourceservicesthatcan'tbeautomated

Aswemightalreadyknow,noteverythingcanbedonebya computerorsoftware,especiallyifyoustillwanttohave thathumantouchoneverythingyoudoinyourbusiness. Onceyou'veidentifiedtheareaswithinyourcompanythat requireimprovementandyouneedapersontomanageand monitor,youshouldconsideroutsourcingthosetasksor processestoavirtualassistantorvirtualprofessional, whetherit'scustomersupport,accounting,HR,design, development,SEO,socialmedia,graphicdesign,video production,websitemaintenance,etc.

ThisisexactlywhyIcreatedVirtualLatinos,tooffer affordablevirtualassistantstosmallbusinessowners.So far,we'vebeenabletoconnectmorethan450+ professionalsfromLatinAmericawithNorthAmerican companiesthatneededtogrowtheirbusinesswhilesaving thousandsofdollarsontheirbudget.

Findasolutionthatfitsyourbudget

Nowthatyou'rearmedwithknowledgeonthebenefitsof usingsoftwareandoutsourcing,youshouldbeableto determinewhetherornotyou'llbenefitfromeitheroption. It'simportanttokeepinmindthatbothoptionscomewith theirownprosandcons.Beforeselectingthebestsolution foryourprocesses,askyourselfthefollowingquestion:

• Howlongdoesittakemetocompletemydailytasks? AndhowmanyhourswillIsaveifIchoosethissolution?

• HowmuchdoesitcostpermonthtousethesolutionI'm considering?

• AmIwillingtospendhourslearningnewskillsto becomeproficient?

Asanentrepreneur,Ibelievethisistherightpathto businesssuccess;anagilebusinessmeansadaptingquickly tomarketchanges,respondingtocustomerdemandsina fastandflexiblemanner,adaptingandleadingchangeina productiveandcost-effectivewaywithoutcompromising quality Andyoucaneffectivelyachievethisthrough automationandoutsourcing.

30|November 2021|www.insightssuccess.com

Ways how AR/VR tech is going to change the world? 5

VividinnovationslikeAR(AugmentedReality)and VR(VirtualReality)arepresentlysurpassingthe entireworldwithrockspeed.Theseinnovations havearrivedatthetoppointwithgiganticacknowledgment byundertakingsaroundtheworld.

Organizationsacrosstheworldaremovingtheir concentrationfromspecialtyandpilotcontributionsto normalizedandcurrentsystemsstuffedinmodelsplanned forindustrialization.

Overthefiveyears,gamedesigners,advertisingfirms, constructionorganizations,andtheautomobilesectorhave shownimmenseinterestinvividadvances.Suchtech redesignsappeartobenew;bethatasitmay, experimentationwithsuchadvancementshasbeen occurringsincethe1960s.

Afewexpectationsandmarketreportsbyspecialistsshow thatinthecomingdecade,anupgradeindigitalrealitywill beablendofvirtualreality,360°,augmentedreality, blendedreality Theseimmenseadvancementswillprompt moreinstinctive,intuitive,andnaturalwaysofimproving ourlives.Totakethingsahead,let’stalkaboutthefiveways howAR/VRtechwillcontributetorevolutionizingthe world.

32|November 2021|www.insightssuccess.com
33|November 2021|www.insightssuccess.com

Virtualrealitywillbuildthesimplicityof conceptualization

Alargepartofthelandbusinessandrenovatingindustryis establishedontherequirementforconceptualization. Inconvenientprogramminganddisplayareaorin-home visitsareutilizedasofferingdevicestoassistwith persuadingindividualstopurchaseorrebuildsomething. However,envisionanexistencewherethesimplicityof conceptualizationisexpandedbecauseofthevisualforce andsimilarrealfactorsintroducedbyVRheadsets.

Envisionhavingtheoptiontovisitapropertyoroverhaula roomandstrollaroundittotallyinVR.Envisionhavingthe optiontomaneuveracouchintoonesegmentofaroomor tossachimneyinacornerandimagineitwhilenever wreckingortearingseparatedadivider.Whilecertain individualsareextraordinaryatenvisioningspaces,not everypersoncandoassuch.

Experientialpromotingwilleliminateunfortunate boundariesofpassageintobusiness

Onemorewaythatvirtualsimulationissettochangethe worldisthroughexperientialadvertisinginthedigital domain.Whileexperientialshowcasingmayapplytoallthe moretrueapplications,inthevirtualworld,wecan encountersensiblecircumstancesinAR/VRadvanced domains.

Forinstance,incaseyou’rehopingtovisitaschool grounds,you’llhavetheoptiontodopreciselythat, strollingamidafrayofunderstudies,visitingclassrooms andcorridors,lookingatdorms,andevenconceivably experiencingasessionortwo.Possiblyyou’readvancinga showoranotheroccasion,andyouneedtoputguestsnot toofaroffinthemidstofthatinvolvementwithavirtual experiencesetting.

Decreaseintricaciesofmasteringnewabilities

Militaryandothercutting-edgegovernmentareasarenow utilizingVRtopreparetroopersandstudentsforspecific applications.Forinstance,thehand-to-handbattleisa significantpieceofspecificbattlingdisciplinesand preparation.EnvisionutilizingVRtobattleinapractically reasonablecircumstancewhileneverreallygetting woundedorharmedyourself.

Themilitarycanlikewiseutilizethisinpreparingfor sharpshooting,dropping,jumping,andnumerousdifferent circumstances.Itcanlikewisebeutilizedasavirtualstudy

hallforsurgicalstudentswhilenevercuttingintoabody itself.Itmayverywellbeutilizedtogainproficiencywith thecomplexitiesofmachineslikecarsbypermittinga quickvirtualdeconstructiontoseeexactlyhoweveryone ofthepartsassemblesandtheirchangingmeanings.

Improvecontrollercapacitiesforanyapplication

EnvisionflyingadronewiththehelpofaVRheadset.Or thenagain,upontheacceptanceofself-flyingplanes, utilizingVRtoportintoaplanethatisencounteringsome difficultsituation.WhataboututilizingVRtocontrolan automatedspaceshiponanextremelyperilousmissionto Marsoranotherplanet?Therearesomanycontroller applicationprospectswithAR/VRthatit’salmost boundless.

TheVRheadsetgivesanundeniablymoreclearexperience thatrisesabovethestraightforwardapplicationsofutilizing avideofeedandfar-offregulator Thatclearexperience permitsyoutoactandreacttoimprovementshappeningin theclimateasthoughyouwereavailable,withoutreally puttingyourselfstraightforwardlyintothecircumstanceor atrisk.

Effectivelyduplicateandguideunfamiliarcondition

AnotherwaythatAR/VRwillunquestionablychangethe worldisthroughthereplicationandplanningofunfamiliar conditions.Envisionhavingtheoptiontowalktheroadsof yourcitywithnotaspiritinsightorinvestigateCentral Parkasitusedtobemanyyearspriorbeforetheerectionof transcendinghighrises.Envisionstrollingthelandscapein somelimitedorantagonisticclimateandlearningits intricatedetails,realizingwheretoslitherorstowaway.

Notwithstanding,theintroductionofunfamiliarconditions, regardlessofwhetherrecreatedorconjuredup,likewisehas ablastformediaoutlets.Envisiondrivingavehicleinthe streetsofLibertyCityinaGrandTheftAutoVRversionor takingoffontherearofacolossalfire-breathingmythical serpentonaGameofThronesexperience.

Theapplicationsarewideandalmostboundlessonwhat AR/VRcandowithregardstorepeatinggenuineconditions orassistingwithcomposingonesexclusivelydependenton thehumancreativemind.Thisisjustthestart.Thereare undeniablymoreramificationsthataccompanyour introductiontotheAR/VRspace.

34|November 2021|www.insightssuccess.com

Redefining the Experiences of Reality

Thebeautyoftechnologyisevidentinhowitis utilized.Ourworldisatapointwherewitheach newday,wegettolearnaboutsometechnology thathasthepotentialtochangetheworld.

AugmentedandVirtualReality—alongwithassociated platformsanddevices—isonesignificantexampleofhow technologyembodiesthepotentialtobringabout revolutionarychangesinhowweexperienceour surroundings.

CompaniesfocusedontheARandVRspaceare increasinglyleveragingnovelinnovationstopropelthe industrytowardnewhorizons.Thisforeshadowsafuturein whichendusersofAR/VRtechnologywilldiscover wonderouspossibilities.

Oneprominentnameamongtheaforementionedcompanies isParacosma,anAugmentedandVirtualRealitysolutions providerfoundedin2016attheoutsetofcommercialVR. ThecompanyofferscustomARandVRApplication Developmentaswellas3DContentCreationServices, includingphoto-realistic3Dmodels,DigitalTwinsand360 videoproductionanddistributionservices.Thecompany hasgrownto75employeesacrossitsUSheadquarters, Japansalesandtechnologyoffice,andNepaldevelopment center

Overthelastthreeyears,theshareofParacosmarevenues derivedfromrepeatbusinessofexistingclientshas increasedfrom37%in2018to78.5%in2019andfully 97%in2020.Thisexpansionofshareofrepeatbusiness wasaccompaniedbylargeoverallrevenuegains,with repeatclientrevenuesincreasing95%from2019to2020. SuchgainsareatestamenttoParacosma’sclients’trustand loyalty

Inthefollowinginterview,KenEhrhart,Paracsoma’s FounderandCEOgivesusdetailedinsightaboutthe

currentlandscapeoftheAR/VRindustryandhow Paracosmahasgainedastrongfootholdwithinthemarketit isassociatedwith.

Belowarethehighlightsoftheinterview:

Whatmakesyourcompanyapreferredchoiceoveryour competitors?Listtheproductsandyourexpertisethat youwanttohighlightinthisarticle. Becauseofourlargeteamandbroadcapabilities, Paracosmahastheresourcestokeepupwiththefastpace ofinnovationsinAR,VR,and3Ddesign.Therefore,we canofferaone-stop-shopforclientsseekingAR,VR,and 3Dservices.

Withnearly50artistsand25engineersanddevelopers, Paracosmaprovidesdeepspecializedexpertisetomatch clientrequirements.Wealsohavetheabilitytoscaleour projectteamsasneededtomeetdemand,allwithin-house employees.

ARprojectsrangefromARmachinemaintenance applicationsformanufacturingcompaniesthatguide engineersthroughmaintenanceandinspectionstepsto consumerfacingAReffectsforbrandingandmarketing. VRprojectsrangefromlaparoscopicsurgerytraininginVR toVRboardandbraintraininggames.Modelingprojects rangefromphotorealistic3Dmodelsforrenderingto replacestudiophotographytofull-scaleindustrialdigital twinsforthedisplayofIoTdata.Simulationandgame engineprojectsrangefromcreationofsyntheticimagesfor machinevisiontrainingtovirtualmovieproduction.

Beinginaleadershipposition,whatisyouropinionon theimpactofthecurrentpandemicontheAR/VR productsindustry?Andwhatdevelopmentscanbe expectedinthenearfuture?

ThepandemichashadamixedimpactonARand especiallyVR.InitiallyVRheadsetavailabilitywascut

36|November 2021|www.insightssuccess.com

becauseofsupplychaindisruptions.Wesawadramatic collapseoflocation-basedVR,alongwithallotherretail andentertainment.Wealsosawindustrialtrainingprograms planningtodeployVRincompanyclassroomsshutterwith thoseclassrooms.

Atthesametimeasthepandemiclengthened,wesaw recordvideogamesales,theintroductionoftheexcellent OculusQuest2VRheadset,andthesuccessofdozensof hitVRgamesandapplications.

Wehavealsoseenacompleteworldwideshiftto virtualbusinessconferencesandtradeshowsand virtualentertainment,music,andfilmfestivalevents, manyadoptingimmersiveVRcapabilities.Wehave alsoseenasustainedriseofVRcollaboration, virtualmeeting,virtualcampus,andvirtual traininglabsolutions.

Withlong-termadoptionofwork-from-home andacorrespondingoutmigrationfromurban centerstoremotelivingandworkinglocations, theopportunitiesforVRtoplayapermanent andcentralroleforbusinesscommunicationsis becomingmoreapparent.

WiththeQuest2headsetandVRbusiness softwareanorderofmagnitudecheaperthanthe costsofattendinganin-personbusiness

Paracosma has the resources to keep up with the fast pace of innovations in AR, VR, and 3D design.“
Ken Ehrhart Founder and CEO
4World's 10 Most Innovative AR/VR Solution Providers 2021 37|November 2021|www.insightssuccess.com

tradeshow,thereispotentialformassadoptionofVRwith distributionofheadsetstoeveryremoteworker.

WhatisyouropiniononthenecessityforAR/VR companiestoaligntheirofferingswithlatest technologicaldevelopments,especiallywhenitcomesto cateringtotheever-evolvingconsumerneedsand preferences?

ThemostpressingneedintheAR/VRsectoriscontinued improvementsineaseofuse.Creating,deploying,and accessingAR/VRcontentisstillprohibitivelydifficult.As anexample,360-degreecameras,photosandvideosare hugelybeneficialfortravel,news,family,socialandother usecases.

But,despiterapidimprovementinthequalityofcameras andthedropinprices,itisterriblydifficulttoshareand view360content.Incontrast,weconstantlyclick,text, share,editandpostsmartphonephotoswiththeclickofa button.

Innovationineaseofuseneedstocatchuptotechnical innovation.Yetthereisreasonforoptimism.Agood measureofthesuccessoftheQuest2isitseaseofuse.

Asanestablishedbusinesleader,whatwouldbeyour advicetothebuddingentrepreneursaspiringtoventure intotheAR/VRindustry?

Planforthelongterm.NumerousAR/VRcompanieshave failedbecausetheymisjudgedthetimingandsizeofmarket segments.Theyover-spentresourcesinanunsustainable

way.Manyofthosethathavesurvivedhavebeenflexiblein pivotingtonewmarketsegments.

Butthemostsuccessfulhavebeenbuildingforthedistant future,bettingonfutureinnovations,whileshepherding currentresourcestosustainongoinglong-termgrowth.

Howdoyouenvisiononsustainingyourcompany’s competencyinthisever-cutthroatbusinessecosystem? Wheredoyouseeyourcompanyinthenextfiveyears? Paracosma’srevenuesandemployeeshavebeengrowing fasterthanthebroaderAR/VRmarket,inlargepartdueto ongoingandincreasingdemandfromexistingclients. Throughdeliveryofinnovationandqualityofexecution, wehavemaintainedaveryhappyandloyalcustomerbase. Webelievewecancontinuetogrowasfastaswecan recruit,onboard,equip,andtrainnewemployees.

AbouttheLeader

Asaventurecapitalistsince2000,whohasinvested inmorethantwodozencompanies,cofoundedten, andestablishedjustasmanyinternational distributionpartnerships,KenEhrharthasbeen pitchedthousandsoftimesandwitnessedhundreds oftechnologyandbusinesstransformationsthat createdenormousnewopportunities.

KenfoundedandservedasCEOofParacosma, becausehebelievedthetransformation,thatweare experiencinginmovingfrom2Dto3Dcomputing goesbeyondanyotherpriortransformationand createsevenmoreopportunities.

“AugmentedandVirtualRealityareenabledbythis widescaletransformationto3Dcomputing,butthis moveto3DisindependentofARandVRadoption. Itcanbeseeninthedevelopmentof3Dprinting, self-drivingcars,evendeep-fakevideos,”Ken expresses.

“Ourlargestclientisreplacingstudiophotography coststhroughthegenerationofphoto-realistic renderedimagesofartist-created3Dmodels.Aswe pushthelimitstomakevirtualworldsthatare indistinguishablefromrealones,thesemodels becometoocomplexforusewithcurrentARorVR. Wearealsousingthesefullyrealisticvirtualscenes formachinevisiontrainingofAIsystemsand virtualmovieproduction,”headds.

38|November 2021|www.insightssuccess.com

Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.