Oculus Connect 6: Next Chapter to Immersive Technology

Ramon Conopio, Analyst Ramon Conopio, Analyst Apps & Games, Augmented Reality, Augmented Reality Intelligence Service, Devices & Technology, Enterprise Transformation, Enterprise xR Intelligence Service, Head-Mounted Displays, Imaging & Video, Insight Articles, Location-Based xR Intelligence Service, Media & Entertainment, Software, Virtual Reality, Virtual Reality Intelligence Service

Virtual and augmented reality-enthusiasts will have a taste of what’s next in immersive technology at the 6th annual Oculus Connect 6 (OC6) happening on September 25th and 26th. Here are some of the trends Greenlight Insights expects to be center stage at the conference: CONTENT CREATION and DEVELOPMENT With a suite of first-generation VR products, Oculus is focusing more on … Read More

Light Field Lab Secures $28 Million in Series A Funding

Avatar Greenlight Insights Devices & Technology, Enterprise xR Intelligence Service, Imaging & Video, Location-Based Entertainment, Location-Based xR Intelligence Service, Media & Entertainment, Shared Environments, Virtual Reality, Virtual Reality Intelligence Service

San Jose, CA-based holographic display company Light Field Lab announced on August 12 a $28 million Series A funding round led by Bosch Venture Capital and Taiwania Capital along with investment from Samsung Ventures, Verizon Ventures, Comcast, Liberty Global Ventures, NTT Docomo Ventures, Inc., HELLA Ventures, Khosla Ventures, Alumni Ventures Group, R7 Partners, and Acme Capital. According to Light Field … Read More

GlobalFoundries, PTC Announce Adoption of Vuforia AR for Training

Avatar Chelsea Mercer, Analyst Augmented Reality, Enterprise Transformation, Enterprise xR Intelligence Service, Insight Articles, Software

Following its Q3 earnings call, PTC announced on July 30th that semiconductor manufacturer GlobalFoundries (GF), will begin using its Vuforia augmented reality solutions platform. GF will implement the newly released Vuforia Expert Capture (providing location-specific augmented reality guidance) software for use with AR HMDs such as RealWear’s HMT-1. GF will also be using PTC’s Vuforia Studio (its drag-and-drop authoring environment), … Read More

NexTech AR Solutions Targets 10x Revenue Growth in 2020

Ramon Conopio, Analyst Ramon Conopio, Analyst Augmented Reality, Enterprise xR Intelligence Service, Insight Articles, Software

NexTech AR Solutions Corp. (​NexTech​) reported fiscal year 2018 gross revenue of $1.6 million with a gross profit of $0.8 million. NexTech plans new product launches targeted for September of 2019 and continuing quarterly into 2020 will continue to drive growth in its AR e-commerce division. Gross margin target in 2020 towards 60-70% with more software revenue added to the … Read More

Vive Enterprise Solutions Reinforce HTC’s Business Practice

Avatar Chelsea Mercer, Analyst Enterprise Transformation, Enterprise xR Intelligence Service, Insight Articles, Software, Virtual Reality

On July 1st, HTC announced VIVE Enterprise Solutions, a new business unit that focuses on delivering services to businesses and developers. HTC will now provide professional services, business solutions, and support along with hardware and software solutions centered around four major categories: training and simulation, design and visualization, virtual collaboration, and location-based entertainment.  The new business unit is the result … Read More

2019 VR/AR Mid-Year Funding Review

30+ page market update report with analysis on venture funding deals, investors and M&A activity from Greenlight Insights’ VR/AR Funding Database.