Analysts believe that the use of augmented reality (AR) and virtual reality (VR) in businesses could grow to a $108B market by 2021 (up from $3.9B in 2016). One area that is poised to take advantage of these new technologies is business collaboration.
The rising globalization of business, coupled with the increasing costs of travel, requires better, more cost-effective ways to communicate and collaborate. That need has never been greater in manufacturing, engineering, architecture or construction, where the slightest miscommunication can lead to million-dollar mistakes and month-long delays.
Current collaboration technologies, such a telephony and video conferencing, don’t allow users in multiple places around the world to meet each other in a virtual space. Nor do they enable users to experience concepts and ideas as if they actually exist, like what a new car concept might be like to sit in, or what an architectural design will be like to live in. Only VR can provide that, and only Vizible makes it easy enough for anyone to do.
Vizible is cloud-based and designed for hosting secure, private meetings in VR. It’s designed for simplicity with a drag-and-drop interface that is immediately familiar to anyone who uses PowerPoint, Google docs, or GoToMeeting. In a nutshell, Vizible is the next step in business collaboration.
We already have Vizible customers across the globe providing a recurring revenue stream, as well as involved channel and technology partners. With more investment, we can expand our reach and bring Vizible to the masses.
“Vizible is transforming the future of healthcare design at STERIS Corporation.”
Michael Burton, Sr. Manager, Planning and Project Design Group
“The excitement of actually seeing something come to life is very reassuring. My only regret is that we didn’t do it a year ago!”
Thomas Tighe, CEO, Direct Relief
“Vizible really almost leapfrogs us from where we are now in marketing to where we’re going to be tomorrow.”
Jay Klanfer, SVP Business Development, Travel Group Hotels & Resorts
“The WorldViz team has a strong vision and an impressive track record of bringing real value to businesses. Virtuix and WorldViz share the vision of bringing VR to the masses.”
Jan Goetgeluk, CEO Virtuix
“The mix of decades of experience, virtual reality engineering expertise, and product vision is why Navigo Capital chose to invest in WorldViz. I’m excited about how WorldViz is helping to build a VR business ecosystem.”
Michael Probstel, Navigo Capital
“As an investor in WorldViz, I have marveled at their ability to innovate and build VR software tools that solve real-world problems. The WorldViz team has incredibly deep expertise in VR and shown the rare ability to understand where VR provides value and create visionary products that address a large market. I can't wait to see what the WorldViz team will accomplish in the future!"
Jack Loomis, Professor Emeritus, PhD UC Santa Barbara
**The individuals above were not compensated in exchange for their testimonials. In addition, their testimonials should not be construed as and/or considered investment advice.