Tag: AR VR Startup

Top AR Startups in India | 2022 Exhaustive List

Augmented Reality has emerged to become pivotal in the ways in which humans are reimagining their lifestyles. It has enhanced user experience and business efficiency in a tremendous manner. Irrespective of the nature of businesses, companies have been leveraging the capabilities of Augmented Reality so much so that the industry is expected to deliver a global revenue of $340 billion by the end of 2028.

Studies also reveal that by the end of 2024, there will be over 1.3 billion augmented reality users. This emerging technology has the power to bring better efficiency into the organization.

AR in India has got a large market to tap into which makes it all the more path-breaking and revolutionary. The Indian Augmented Reality market is expected to grow at a rate of 38.29% by 2027.

The digital transformation of the country along with the availability of various AR devices aided by high investments has boosted the penetration of AR in the Indian market. This article will look at some of the leading AR companies in India.

India is still developing in AR compared to the work of Microsoft and its hologram-themed augmented reality glass or Google’s Tango projects. Many of the AR startups in India are trying to set a benchmark in the world of AR Startups. There are a total of 104 AR startups in India.

Future of AR

Top AR Companies in India

1.Imaginate
2.Parallax Labs
3.Tata ELXSI
4.PlayShifu
5.Gophygital
6.InfiVR
7.Quy Technologies
8.Trezi
9.SmartVizX
10.Simulanis
11.Kalpnik
12.Jadooz
13.GreyKernel
14.PerspectAI

Imaginate

Founded in 2016, Imaginate is an Augmented Reality, Virtual Reality and Mixed Reality enterprise that provides custom-made 3D content to enable immersive training and support for various equipment and processes. It was found by Hemanth Satyanarayana.

They have been rated as top agencies by Gartner, Forester and IDC. They have extended their support through AR services to various industries including Automotive, Aviation, Construction, FMCG, Healthcare, Banking and Manufacturing.

Startup Name	Imaginate
Headquarter	Hyderabad
Founder	Hemanth Satyanarayana
Founded	2016
Funding	$500k
Products	Austom-made 3D content

Parallax Labs

This Mumbai-based startup is the first of its kind that uses AR, VR and MR for the defense and enterprise sector. They aim to become the best AR company in India by providing end-to-end customer solutions. They have played a significant role in improving practices at the Hindustan Uniliver plant as well.

Startup Name	Parallax Labs
Headquarter	Mumbai
Founder	Vivek Surve, Krupalu Mehta
Founded	2018
Funding	$500k
Products	VR, AR & MR Content Development Startup Studio

Tata ELXSI

Recognizing the rise of the world to embark on a new immersive experience, TATA ELXSI attempts to become the key player in the field through innovation. They assist customers in their quest to find creative solutions to their problems and bring meaningful connections and experiences.

By providing end-to-end immersive experience solutions, the firm prepares the workforces of various industries to improve productivity, reduce cost and enhance customer experience.

Startup Name	TATA ELXSI
Headquarter	Bangalore
Founder	TATA Group
Founded	1989
Funding	Self Funded
Products	Video Analytics Solution, Robot Taxi, V2x, TESA

PlayShifu

They are an Augmented Reality based toy company that brings in interactive toys and games that are heavily rooted in AR technology. By providing educational playing experiences to the kids, PlayShifu aims to revolutionising the use of AR within the paradigm of child growth and development.

They cater to kids of age 4-12. Their carefully crafted AR-based toys and games are crucial in developing skills like critical thinking, geography, engineering etc.

Startup Name	Play Shifu
Headquarter	Bangalore
Founder	Dinesh Advani, Vivek Goyal
Founded	2016
Funding	$35.4m
Products	AR-based STEM Toys & Educational Games for Kids

Gophygital

Focusing on the gaming industry, Gophygital uses Mixed Reality to provide immersive, experiential solutions to clients. They also work along with various other segments including education, healthcare, retail, and lifestyle. All of their products have strong elements of gamification.

Their team have a unique mix of engineers, artists and psychologists to refine their technology to its purest form and also make the most out of it. They have a diverse client base which has helped them score greater heights. Some of them are Atara, Carlsen, Kotak bank, IPCA, Piramal, TATA and Mahindra Rise.

Startup Name	Gophygital
Headquarter	Mumbai
Founder	Ninad Chaaya
Founded	2016
Products	Use of Mixed Reality to provide immersive, experiential solutions to clients

Tetrahedron

Tetrahedron.in is a VR and AR company based out in the manufacturing industries in Defence, Consumer durables, FMCG, and Pharmaceuticals along with education & training in schools, colleges & universities. They focus on the details of presenting the respective products of the company in a holistic manner by aiding with the required services.

InfiVR

This company that gives Virtual Reality, Augmented Reality and Mixed Reality based solutions to their customers was founded in 2018. Rather than replacing human capabilities, they seek to enhance them by finding novel solutions to core issues.

InfiAR- Top AR Startup in India — InfiVR- AR and VR Startup

They focus on sectors like aviation, aerospace, healthcare, pharmaceuticals, automobiles etc. What makes them unique is their approach toward technology as an extension of human intelligence and eyes rather than as a separate entity. They look forward to making their services cheap and affordable to all as a part of their service enhancement initiative. The company is based out in Bangalore.

Startup Name	InfiVr
Headquarter	Bangalore
Founded	2018
Funding	Self funded
Products	Enable clients productivity using AR/VR

Quy Technologies

Founded in 2010, Quy Technology Pvt Ltd primarily gives mobile app development services. Although they are based in India they have clients all over the world including U.S., UK, Canada, UAE and Europe. They use their expertise in AR, VR and MR to expand the digital footprints of their clients.

QUYTECH- Top AR Startups in India — QUYTech- Top AR Startups in India

They focus on areas like eCommerce, Healthcare, Training & Development, Retail, Real Estate, Entertainment, Education, Manufacturing, FMCG etc. Today, they have delivered over 350 projects to their clients all over the world.

Trezi

Trezi is an AR software company which is one of the top 10 AR startups in India. Trezi is based in Noida and was founded by Gautam Tewari in 2014. It is an immersive virtual reality product that allows experiencing the designs with the help of 3D modeling software & architecture software. Trezi lets architectures showcase their building plans using AR.

Startup Name	Trezi
Headquarter	Noida, Uttar Pradesh
Founder	Gautam Tewari
Founded	2014
Funding	2M (2020)
Products	Design Presentations, Real-time Marketing Communications

SmartVizX

SmartVizX is one of the best solutions provider companies in the AEC(architecture, engineering, and construction) industry. SmartVizX creates an interactive virtual environment for experiencing arenas and spaces that haven’t even been physically built. It currently focuses on building a virtual environment for the real-estate & design industry.

top AR startups India — **SmartVizX Virtual Environment**

Startup Name	SmartVizX
Headquarter	Noida, Uttar Pradesh
Founder	Gautam Tewari and Tithi Tewari
Founded	2015
Funding	3M (2020)
Products	ArchViz, ArchVizM, 360-VIZ, ViViz, ViVizM, ViVizVR

Simulanis

Simulanis is one of the top AR companies in India. It provides AR-based solutions for field force productivity. Simulanis is one of the top AR companies in India. It provides AR-based solutions for field force productivity. Simulanis is also a multi-award-winning Ed-tech company. It develops Augmented, Mixed, and Virtual Reality software applications for Education, Skilling, and Industrial Training

Startup Name	Simulanis
Headquarter	Delhi, India
Founder	Raman Talwar
Founded	2013
Funding	USD 1M
Products	Remote Assist,Reflexis, Sanalexa,

Kalpnik

Kalpnik has developed a platform for people to experience remote places and events. Its product VRDevotee lets users experience immersive religious and spiritual places. Its app which is available on both android and ios has over 1.27 lakh downloads.

Startup Name	Kalpnik
Headquarter	Noida, Uttar Pradesh
Founder	Apul Nahata, Ashwani Garg, John Kuruvilla
Founded	2016
Funding	USD 526K
Products	VRDevotee

Jadooz

Jadooz is an Virtual reality cinema theater and solutions provider in India. Jadooz is a chain of multiplexes which Provides a 50-80 seater cinema, virtual reality center, gaming pods and a cafe which allows users to enjoy films, VR experiences, and VR gaming. It was founded in 2017 by Rahul Nehra and Shobana Chandrakumar.

Startup Name	Jadooz
Headquarter	Chennai
Founder	Rahul Nehra and Shobana Chandrakumar
Founded	2017
Funding	USD 319K
Products	VR experiences and VR gaming

GreyKernel

GreyKernel is one of leading and most-awarded Virtual Reality and advance visualization startup AR startup in India. It creates immersive & gamified content for Training, Simulation & Education.

Startup Name	GreyKernel
Headquarter	Noida, Uttar Pradesh, India
Founder	Abhishek Gupta, Pranshul Chandhok
Founded	2015
Products	Education, Training & Simulation

PerspectAI

PerspectAI is an assessment tool that measures human potential by Loop Reality. It provides game based assessment tool that help organizations hire talent. It employs AI to help organizations make data-driven talent decisions.

Startup Name	PerspectAI
Headquarter	Hyderabad, Andhra Pradesh, India
Founder	Jignesh Talasila, Karthik KV, Ravi Teja Koneru, Ravi Theja Muthu, Sai Suraj Vanka
Founded	2016
Funding	USD 275k
Products	Game based Assesment

The three most prominent markets in AR/VR are entertainment, manufacturing, and healthcare. There’s an immense demand for AR/VR since the coronavirus outbreak has forced the cancellation of events. there is also a growing demand for AR/VR in the education sector. Many companies in India are stepping up their production as the demand for AR/VR has increased. Many of the AR startups in India are upping their game to become the forefront runner in AR space.

Conclusion

India is driving faster to its goal of making the country more technically sound. With the boost given by the cutting-edge technology employed through AR, VR and MR, a lot of companies are coming to the forefront so as to make business easier for their clients.

Through the application of AR to each and every aspect of doing business, the clients and the companies are able to engage in a mutually beneficial relationship. The scope and market of the industry are only increasing by the day which means that there is still room for many more startups to come.

With the amount of importance that the Indian government gives to digital and technological development in the country, especially through Digital India, the country can witness significant penetration of AR and related technology in the future.

FAQ

What is the Future of Augmented Reality?

Augmented is one of the top emerging innovations which is opening abundant opportunities for the businesses. Analysts predict that the AR market will reach $198 billion in 2025.

What is the difference between AR and VR?

AR combines the real world with the digital element i.e it let you see everything in front of you without using any Headset whereas VR is an alternative world replaces with a simulated one with the help of devices.

Where is Augmented Reality used in Business?

Use of AR Technology is not limited to only few industries like gaming and entertainment industry. It is being used in many industries to solve business challenges. It is being widely used in following sectors nowadays for e.g-

Design and Construction
Printing and Advertising Industry
Healthcare Sector
Training & Education
Maintenance & Repair
Retail Industry

What are the advantages of AR?

Augmented Reality can help create an entirely new, interactive experience for users. Here are top advantages of AR-

Enhanced User Experience
Increase Brand Awareness
Reduce Language Barriers
Content quality Improvement
Generate detailed analytics

August 2, 2022

List of Companies Working On Metaverse Development
Technology is taking the world to unprecedented heights, which could not be predicted even ten years ago. The digital world is growing at an unimaginable pace and is bringing some of the best experiences ever in the history of mankind. VR or virtual reality is one of such extraordinary experiences that is steering our viewing experience to the next level. Hundreds of companies all over the world are striving to make metaverse a reality. It is undoubtedly one such thing that will require a lot of time and effort to be established perfectly and be reach the masses, but with the recent advancements in technology, it’s not a far-off dream anymore.

About Metaverse
Companies Chasing Metaverse Dream
1. Roblox
2. Microsoft
3. Meta
4. Nvidia
5. Unity
6. Snap
7. Autodesk
8. Tencent
9. Epic Games
10. Amazon
11. Bolly Heroes
12. OneRare
13. Loka
14. Cope.Studio
When Will The Metaverse Get Developed Completely?
Benefits of the Metaverse

About Metaverse

About Metaverse

The term metaverse refers to a virtual environment created with the help of special virtual technology that people can live in. This sounds like a science fiction movie, and science fiction movies are made to resemble life as it will be in the future. It’s like accessing any location, such as virtual concerts using gear similar to video games. By using this, you can live the moment instead of only watching it. Metaverse is also considered the future of the internet. However, this internet universe will also be linked with virtual spaces, and provide a 3D virtual experience while surfing. In this future technology, the big tech giants are investing heavily, with the sole aim of bringing the virtual world to life.

Cryptocurrencies, games such as Minecraft, virtual conferencing, etc., come under the example of elements of the metaverse. The expanding digital world with an extended cyberspace will see a technological revolution soon. Tech giants are in the race to create what seemed impossible a few years earlier. Metaverse will form the base of this revolution to take Virtual and Augmented Reality to the next level.

What is Metaverse?

Companies Chasing Metaverse Dream

Major video game company Roblox corporation is adapting and developing the metaverse concept. This concept will take their video games to the next level. Another well-known tech giant in the race is NVIDIA corporation that has developed omniverse technology. They called it ‘metaverse for engineers’ by adding millions of users using blender software to create three-dimensional imagery.

The NVIDIA corporation, Blender, and Adobe have joint plans to expand the NVIDIA omniverse. This collaboration by these tech giants may bring a brilliant result to the market soon in the near future. Facebook recently announced that it would hire 10,000 people in Europe to develop the metaverse. Also, Facebook acquired Oculus VR, and now it’s a complete part of Facebook. This branch of Facebook makes virtual reality gadgets.

Facebook rebranded itself as meta to prepare for metaverse development. Also, Facebook selected the European Union to develop the metaverse rather than focusing on the USA. This is to create more employment in the European region and maintain a long presence in that region. Epic Games CEO Tim Sweeney has said that the internet is broken, and they have a plan to fix it. Sweeney’s dream of bringing the metaverse to reality is a long project with huge investments and acquisitions.

We all might have seen Mark Zuckerberg displaying the giant robots and time travels to ancient Rome to announce the brand’s aim to establish a metaverse, which started with the recent renaming of the corporate name of Facebook. However, there are numerous other companies that are working in silence, pacing towards the same goal of achieving metaverse.

Here we list some of the companies that share the same dream of developing metaverse.

List of Metaverse Development Companies:

Roblox

Roblox Corporation – Metaverse Development Company

Roblox Corporation, the American video gaming company that went public this year, visualizes the concept of metaverse as a place where “people can come together within millions of 3D experiences to learn, work, play, create and socialize.”

The California-based gaming corporation is aiming to help the users and developers with ways to create digital worlds. Roblox Founder/CEO David Baszucki has also mentioned that the company is looking forward to creating future shopping and business experiences on the platform, which is powered by its own virtual currency, Robux. Roblox is among the highest valued startups in the World.

Microsoft

Microsoft – Metaverse Development Company

Microsoft Corp is not far behind the world of metaverse either. In fact, the company’s CEO Satya Nadella has already hinted at the same during an earnings call when he said that Microsoft was aiming to converge the physical and digital worlds by building an “enterprise metaverse”.

With the famous Xbox and Minecraft under its belt, Microsoft is a distinguished player even in the gaming world, which will also see advancements to bring in the concept of the metaverse. Phil Spencer, the chief of Xbox, has even talked about the company’s planning to create “a metaverse or mixed-reality construct.”

Meta

Meta – Metaverse Development Company

Meta is a prominent player in the space of metaverse and is currently in the news as well following the recent change in its name to Meta Platforms Inc., which was earlier Facebook Inc. The social media giant is one of the most revered investors in the spaces of augmented and virtual reality and has been in the quest to build a metaverse out of its VR environment Horizon, which is accessible through the Quest headsets launched by the brand.

Nvidia

Nvidia – Metaverse Development Company

Popular computer chip producer, Nvidia Corp has already been successful in building its Omniverse platform, which can be used to connect the 3D worlds into a shared virtual universe. This Omniverse will be used for projects that can create simulations of the physical buildings and factories that are here in the living world and will stand as the “plumbing” on which metaverses could be built.

Unity

Unity Software – Metaverse Development Company

Unity Software Inc, the American video game software development company is quite popular for the real-time 3D projects it handles powered by 3D, 2D, VR, and AR. Talks are that Unity would also help in empowering businesses and startups with advanced tools and technology to build the metaverse.

Snap

Snap Inc. – Metaverse Development Company

Snap Inc., the owner of Snapchat has long been credited as the company behind the creation of custom avatars and augmented reality filters to overlay digital features in the real world. The company has made a bigger push in 2021, with the launch of its augmented reality glasses that are available for the developers to experiment with creating experiences for the spectacles.

Autodesk

Autodesk – Metaverse Development Company

Autodesk, the cloud software firm that hails from California, US, also creates programs that can be used by engineers and architects to design and produce buildings and products. Besides, the software created by Autodesk Inc. is further used to build virtual world experiences for games and other entertainment purposes.

Tencent

Tencent – Metaverse Development Company

Chinese tech giant Tencent Holdings Ltd, the world’s largest video gaming firm by revenue, which also boasts of having stakes in major game studios like Epic Games and Activision Blizzard has already registered many metaverse-related trademarks for its social site QQ, according to the South China Morning Post.

Epic Games

Epic Games – Metaverse Development Company

The name behind the video gaming phenomenon, Fortnite, Epic Games has paced ahead of usual shooting games to bring in social experiences like dance parties and virtual music concerts. The users are seen, in such projects, paying to drape their avatars in various costumes and building their own islands and games. The company is also the owner of the massive gaming engine that goes by the name Unreal, which is used to develop games and other visual effects, such as the backdrops of TV shows.

Epic CEO Tim Sweeney, who also happens to be a vocal critic of the other big platforms like Apple Inc and Google, has stated that metaverse needs to stand as a participatory, common space.

Amazon

Amazon – Metaverse Development Company

The world’s largest cloud services vendor and the owner of the exemplary ecommerce website, Amazon.com, Inc is ever-increasing in terms of its media offerings. Furthermore, the company is also seen as a potential player in the metaverse.

Apart from foreign tech giants, many Indian startups are also approaching the goal to develop metaverse. India has a high gaming user base that accounts for a large percentage of the global gaming user base. Due to this, there is also a responsibility on Indian engineers to actively participate in the creation and development of the metaverse. Some of the key players from India, who are pacing up to see the success of their metaverse projects are:

Bolly Heroes

Bolly Heroes – Metaverse Development Company

Bolly Heroes can be described as a parallel Bollywood world that is built in collaboration with production houses, music labels, brands, celebrities, gaming studios, and animation companies. The partners of Bolly Heroes have already gone a step ahead to launch the Bollyverse, a limited edition NFT collection platform, the pre-registration for which has already started from September 21, 2021. With the help of this platform, the users can now create a ‘Bollyverse,’ where they would be able to write, act and produce their own stories and characters, which will ease the launch of community-driven films, games, shows, and animation.

OneRare

OneRare – Metaverse Development Company

Founded lately in March 2021, New Delhi-based OneRare has been successful in launching its first play-to-earn game designed as a food metaverse game on 0xPolygon.

Loka

Loka – Metaverse Development Company

Loka is based in New Delhi and is distinguished as the first multiplayer gamified virtual Metaverse of India based on the 3D maps of the real-world cities and other physical locations, in which the players can participate in live and concurrent experiences powered by their preferred third-party apps.

Cope.Studio

Cope.Studio – Metaverse Development Company

Founded in November 2020, Cope.Studio is a product studio focused on deep technology, which is developed on a platform for repeatable creation and growth of successful products, revolving around early-stage ventures. The company is based in Bengaluru and strives to combine design, product support, and capital in order to create innovative ideas about the Metaverse into category-defining companies.

Some other Indian companies that are working on their metaverse projects are Interality, Tamasha.Live, Zippy and NextMeet.

When Will The Metaverse Get Developed Completely?

Metaverse Development

The metaverse is a very vast concept if we see it through the eyes of engineers developing it. For common people, it will be a smooth and easy experience to feel the virtual experience. But for the developing team working behind, it’s a challenge that will snatch their sleep. The metaverse concept has been getting planned for years, and finally, we are witnessing some really good progress in the process. Tech giants are now investing huge sums in this project to take their company values to higher levels. People are excited to test this new experience, and the market is growing with demand for such digital technologies.

The first ideas of metaverse came to light before the year 2000, but the enthusiasm about this concept has come to the limelight in the year 2020. Many tech giants are setting their footprints into the development of their metaverse. Different ideas are diversifying the development process. But for the metaverse to function fully and get affordable for a large section of the society is still a bit far. But at the speed with which these companies are rising in this concept, work will bring metaverse to life soon. The pandemic has shown the importance of the virtual world and its importance in our daily lives. Now the Metaverse may have got a boost due to this push, and it’s now getting closer and closer.

Benefits of the Metaverse

Metaverse as a whole is a very futuristic concept, and it has a lot of benefits. With the arrival of metaverse technology, virtual living standards will improve, and it will be possible to merge digital platforms into a single segment. Medical professionals can now treat diseases that can be easily detectable at an earlier stage due to metaverse technology. Retail vendors will be able to display products to the customers through this technology. The most diversified use of this technology is in the gaming universe, which will feel more real through a metaverse. Also, the travel experience will get better through this technology, allowing users to travel to foreign places through a metaverse. Apart from these, many other benefits exist and will surface with time.

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Metaverese – Conclusion

Metaverse is not a dream anymore, it’s now coming to reality, and our real world is getting more virtual in the coming days due to this technology. With time, Virtual reality will develop and will take our experiences to a new level. Many people will get employment through this technology, and millions will get a new technological wonder to experience. Every technology has its own negative and positive points, and for Metaverse, you can figure them out when it will come to reality.

FAQs

What is metaverse?

The term metaverse refers to a virtual environment that you can live through using special virtual technology.

Which are the companies working for metaverse development?

Some of the metaverse development companies are:
- Roblox
- Microsoft
- Meta
- Nvidia
- Unity
- Snap
- Autodesk
- Tencent
- Epic Games
- Amazon
Why Facebook rebranded to Meta?

Facebook has rebranded itself as Meta to reflect its focus on metaverse.
March 31, 2022
Why did Facebook Change its Corporate name to Meta?

Whenever we talk about social media that bring people together from all around the world, only one word comes to our mind and that is none other than Facebook. Although this social media giant is not the first social networking site in the world, still it holds the utmost level of importance and popularity. Facebook made the world a global village where one can connect with another person, who is sitting in a completely different corner of the planet. It is one of the most, if not the most successful social media platform.

It was founded in the year 2004 by Mark Zuckerberg, Andrew McCollum, Chris Hughes, Dustin Moskovitz, and Eduardo Saverin and didn’t take long to be a full-fledged multinational technology company from just a social networking site. With its impressive service, it is considered one of the most valuable companies in the world. The most attractive feature of Facebook is that is free and for everyone. Anyone can create a profile on Facebook and use it to their heart’s content.

This social media giant hasn’t taken a rest in all these years and has acquired some biggest companies that deal with social networking. Facebook took charge of Instagram in the year 2012 and of WhatsApp in 2014. By taking these biggest platforms in its grasps, it almost holds the entire social media industry in its palm.

Facebook is never tired of creating history. The leading social media platform was again on the news, where it changed its corporate name to “Meta” on October 28, 2021, as part of the most-awaited rebranding attempt.

At Facebook, we build tools to help people connect with the people they want and share what they want, and by doing this we are extending people’s capacity to build and maintain relationships.

– Mark Zuckerberg

Facebook Changing Its Name
What Is Metaverse?
Facebook Oculus Acquisition
Is Recent Facebook Controversy behind the Rename?
Why Facebook Rebrands to Meta, Reflecting Metaverse?
Meta Logo
Conclusion
FAQ

Facebook Changing Its Name

The company that has conquered the entire social media world has announced to reinvent itself by doing the first and foremost thing, changing its name. Speculations were there across media channels from around the globe regarding when Facebook will likely be changing its name. While most of the media channels couldn’t hold the excitement about the change of Facebook’s name, some reports revealed on the October 20 continued to mention Facebook will have a new name when the next annual Connect conference of the company will take place. However, the social media behemoth finally managed to change its corporate name, the main aim of which is to reflect its focus on building the metaverse.

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What Is Metaverse?

Two decades ago, the world that we are staying in now, seemed like a world in a science fiction movie. Thanks to technological advancement, it is the reality now.

The use of the word ‘Metaverse’ recently become a trend after Mark Zuckerberg talked about it a few months ago although the term was first coined in 1992 in a Science fiction ‘Snow Crash’ by Neal Stephenson.

The term basically means that physical reality and virtual reality will coexist in a shared online space. According to Zuckerberg, the metaverse will provide creators and artists with huge opportunities.

Horizon Workrooms by Oculus (Facebook owned Company)

The company also announced that it will create 10,000 jobs in the European Union to make its metaverse dream come true. With technologies of virtual and augmented reality connected the digital space will be lifelike this is what metaverse is.

It will be open for everyone just like the internet instead of a single company. The online interaction through this will be more lifelike plus with our jobs, schools, and colleges being online, this seems to be the need of the hour. So, Facebook is taking the initiative to turn into a metaverse company in the next five years.

Facebook Oculus Acquisition

It seems Facebook was thinking about its rebranding issue for a long time, the company acquired ‘Oculus’ that produces virtual reality headsets in 2014 for a whopping price of $2 billion.

At that time, Oculus was just a 2-year-old company. Facebook believes that VR is the future and that in no time, people will start interacting, working, and playing in the virtual world only. Facebook is also interested to connect the Messenger app with Oculus Quest.

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Is Recent Facebook Controversy behind the Rename?

Not to forget the recent controversies surrounding the biggest social networking company may also have contributed to this decision. The controversial documents shared by whistleblower Frances Haugen, a former product manager of the civic integrity team have added fuel to the fire.

The documents claimed that Facebook already knew that the products of the company are causing harm to the teenagers and are affecting their mental health but has not done anything to eradicate the problem.

The global outage in the month of October is probably the last nail in the coffin, with all the major apps owned by Facebook Inc. like Instagram, WhatsApp and Facebook itself down it was the longest global outage of recent times. The outage was almost of 6 hours. This may play a massive role in the decision of re-branding to give itself a new and fresh start.

Why Facebook Rebrands to Meta, Reflecting Metaverse?

Facebook has finally managed to change its corporate name to “Meta” to draw the end to all the speculations around the world on October 28, 2021. This rebranding was done with a move to signify all that Facebook is doing beyond the social media platform of the company.

There is no doubt that Facebook’s most important product is Facebook itself, or the social media platform that it nurtures. However, the American multinational technology conglomerate has made numerous advancements also in the areas like Virtual Reality (VR) and is looking to further expand in the upcoming years.

Now, in case you are wondering whether Facebook will be called by its old name anymore, then you should know that the brand has only witnessed a technical change in its corporate name. This means that Facebook will still be called by its previous name, and nothing else will change on the platform. Besides, Facebook-acquired Whatsapp and Instagram will also be the same thing that they were. However, this change does affect the corporate name, which was Facebook Inc. earlier because that is now changed to Meta Platforms, Inc.

Facebook chief Mark Zuckerberg had earlier remarked on the change by saying that the existing name of Facebook couldn’t “possibly represent everything that we’re doing today, let alone in the future,” and thus, it needed to change.

By changing its corporate name, Facebook is now planning to build a “metaverse,” which is deemed to be an online world where people would be able to play games, work, and communicate in a virtual environment, via VR headsets.

Coming from the Greek word “meta”, the new name of Facebook means “beyond” and quite justifies what it is doing and aiming to do in the future.

Meta Logo

Meta Logo

The name change also brought in a new logo for the brand on the internet and also at the company’s Menlo Park headquarters in California. The earlier thumbs-up logo, which symbolized the Facebook “Like” is now a “blue infinity”.

Conclusion

The biggest social networking site has got its name changed and all this is to make the company better and turn it into a metaverse. The name “Meta” is itself the start of Metaverse, and it will surely result in a metaverse soon. Facebook is setting its eyes on opening a new door to a world that will literally erase the line between physical reality and virtual reality.

FAQ

Is Facebook rebranding itself?

Yes, some reports long suggested that Facebook was planning to rename itself and the new name will reflect the focus on the metaverse. The name change actually was materialized on October 28, 2021, when the corporate name of the company was rebranded to “Meta.”

What is Metaverse?

It is a huge virtual world where millions of people can access it at the same time using their own avatars.

Is Oculus owned by Facebook?

Oculus was bought by tech giant Facebook for $2 billion in 2014.

October 29, 2021
How VR boosted the Growth of the Real estate Industry

The Real estate industry is undergoing an innovative transformation. There is a sudden change in the industry from the traditional ways towards a new and innovative way which is through Virtual Reality. VR has also transformed the functioning of the industry.

VR technology has helped the Real estate agents and companies in getting more clients, delivering top-end services, and growing their businesses. Let’s look at some of the ways Virtual Reality is transforming the Real estate industry.

Virtual Tour of Real Estate
Virtual Furniture
Visualizing Real estate Models
Less confusion
Editing Property according to preferences
FAQ

Virtual Tour of Real Estate

Virtual Reality has made house tours much easier. Everyone would want to take a look at the Real Estate and only then proceeds with the buying of the property. Many a times pictures wouldn’t be satisfactory nor would you get a clear understanding of the structure of the property.

There are a lot of other problems faced as well which includes lack of time to visit the place, unable to travel if the property is far away. All these problems existed in the Real Estate industry and now with the use of Virtual Reality, these are eliminated.

VR helps you visit the property virtually and makes you feel like you are physically taking a tour of the property. All these are possible even without stepping out of your house.

It helps you visit multiple properties within a matter of time and later decide on visiting the place. It helps you save a lot of time and provides you a clear idea.

Virtual Furniture

A real estate place filled with an adequate amount of furniture will always look better than an empty Real estate space. A Real estate space filled with furniture would be easier to sell and would impress you more than an empty one.

According to a report by the National Association of Realtors, 77% of the Real estate agents have claimed that a home filled with furniture has helped the buyers to imagine their future homes.

Filling actual furniture in a newly built house or an empty house is going to be a lot of investment and would cost more for the agents. Virtual Reality helps in showcasing virtual furniture which helps the buyers to imagine their future home and picturize it in an easier way.

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Visualizing Real estate Models

Selling an architectural idea has always been hard. Most of the time the design which is sketched by the architecture would be satisfying but sometimes the end model wouldn’t come up to your expectations.

If it is a bigger project you can find architects or developers coming up with a small model of the project with the roads, community, buildings, etc. in a miniature form. For the interiors most of the time the developers would have to invest in setting up a similar design in a showroom.

This again would require a lot of investment from the developers and would consume a lot of time. Virtual Reality helps in solving these problems and would help in visualizing the interiors and exteriors of the properties which are yet to be constructed.

Through Virtual Reality, the client can easily set his expectations and he would know what the end property or the model would look like.

Number of VR Headsets sold Globally

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Less confusion

In most cases when you move to a new house, you would find it hard to locate the switches or the settings of the devices in the place. The Real estate agents or the owners of the space will have to keep on communicating with you according to your requirements and most of the time it won’t be possible.

All of your queries and problems being answered would depend on the availability of the owner or the agents. Here, Virtual Reality will help the tenants in effectively communicating with their owners or agents.

A Virtual tour about the settings of the house, the uses of different switches, and other technical settings will provide clarity for the newly moved-in tenants. It will be a little bit time-consuming but will avoid a lot of confusion and help the new tenants to get used to the place much more easily.

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Editing property according to preferences

During the virtual tour if a client wishes to change the design or add a piece of new furniture in the design, He/she can add it at that moment. This will help the buyer in adding his designs. He/she will be able to edit the interiors or bring small changes to the exteriors according to his/her preferences.

If a person is taking a virtual tour at a house and likes the furniture used in it, they can later go online and shop for similar products.

FAQ

What are the free Virtual Tour Software?

Lapentor, Marzipano, Makevt, Vtility are some top free Virtual Tour Software.

How much does real estate virtual tour cost?

The average cost to receive a Virtual Tour of a property is $350.

Do virtual tours help sell houses?

Virtual tour is a great way to generate interest of the buyers, as it provides buyer a clear idea of the property.

Conclusion

Virtual reality has transformed the real estate industry making the work easier and in a convenient way. It helps both the buyers and agents to save their time. Virtual Reality has already started to change this sector. In the near future, we will be able to see much more inventions and VR becoming more common in many sectors.

March 22, 2021
How AR Remote Work Will Change The Industry?
What does Augmented Reality actually mean and what is it used for? It is a widespread technology, so does a question pop up? How does it work? confused about all this, here’s an article which will clear all of your doubts about AR and AR remote work. So, without further ado let’s dive right into Augmented Reality.

AR is the special technology where it instructs your device to be helpful throughout your day by letting you experience digital content in the similar way you experience the world. It lets you search things visually and virtually, simply by pointing your camera at them.

It comfortably puts your answers exactly where your questions are by overlaying visual, immersive content on top of your real world. Did you know that NASA made use of AR for the first time for flying the X-38 by utilizing the special AR dashboard for navigation in 1999? Well, that’s the power of AR.

Well-Known Uses of Augmented Reality
Importance Of AR In Future
How Does Augmented Reality Work?
AR Remote Work Analysis
How AR Remote Work Is Assisting Companies?
Industries Adopting AR Remote Work

Well-Known Uses of Augmented Reality

Augmented reality is readily available and being used in innumerable ways including as Snapchat lenses.
- In applications that help you search for your car in a crowded parking lot.
- The biggest successful examples of AR are Google Maps, Google SkyMap and the game Pokemon Go.
- The U.S. Army uses AR to train to train the candidates digitally.
- Disney designed a technology in which it makes the characters in the coloring books as 3D characters.
- Customers who have shop frequently online feel reassured that if a product is suitable or not, does it look better or not and they are satisfied with it before they even add it to their basket. It makes them less likely to return the item when it arrives. 43% of shoppers speculate that AR would help them make a better business deals.
Importance Of AR In Future

There is always a future of something that is important to the human kind. The success of the technology will never wear off.

Augmented Reality In Every Corner Of The World
- Creation of new technology offers new opportunities for a huge amount of markets and commercial enterprises, among them Insurance, real estate, healthcare, retail, and manufacturing.
- AR in Education brings unlimited possibilities for teaching and learning process.
- Technology gives entirely real psychological and physical experiences and help us get authentically virtual feel that can be implemented.
- You can always surprise your customers with something new and easier methods to shop.
- GPS mobile apps with AR can rightly show tourist routes and directions to desirable destinations, translate the signs on the street, giving an additional advantage.
- A chance to create something unique and thereby to express one’s individuality is way more engaging than standard media content.
Future of AR

How Does Augmented Reality Work?
- Computer vision or camera understands what is in the physical world around the user from the content of the camera feed which it continues to grasp.
- This allows the application to show digital content relevant to what the user is looking at.
- This digital content is then displayed in a practical way, so much so that it looks part of the real world – this is called rendering.
AR Remote Work Analysis
- Considering the fact of the situation which we all are aware of, we have to consider AR Remote work. Even before the COVID-19 crisis, researchers were trying to bring this technology in our comfort zones.
- Almost the entire world is bound by their houses, working from home and trying new things to keep the businesses keep going.
- Remote work Augmented Reality is here to stay and will more than ever become an integral part of the way we work.
- The numbers are increasing year by year for working remotely. 75% of current employees say they plan to work remotely or from home for the rest of their career.
- The statistics shows how much significant it is to adapt technologies for every person as it is the only way now to rely on.
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How AR Remote Work Is Assisting Companies?
- Providing remote assistance to a customer can be tedious over a chat, email or phone call. Sometimes, the helpers don’t understand the actual issue. But this could be solved by combining live video streaming with augmented reality.
- Researchers can work with each other through AR on the analysis of the Business with all the fancy visual demonstration than the auditory communication.
- The biggest use of AR which proves beneficial for the customers and the Organization too is the revised version of Customer Service, mostly Technical Support.
- Guiding the customers step by step with the problem they are entangled with.
- Trainers have also started using AR to explain the trainees, interns and the students. Learning can be done in the most efficient and demonstrative way.
- AR remote work as it happens, helps technicians/engineers gain immediate access to remote experts when it is needed, solve the problems in the service processes, quickly execute repairs and even communicate with customers. For example, they can use AR to locate the address prior to a dispatch or follow up after a visit.
- The technology allows employees to confirm, record and add data to CRM systems, gather proof of identity, validate coupons, or see evidence of damaged goods prior to authorizing returns.
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Industries Adopting AR Remote Work

Communication and Internet Service Providers

These Service giants have adapted to remote work with AR. Vodafone is one the Organizations is harnessing remote assistance AR to better support their customers.

Delivery Organisations

AR identifies what one can see, while the GPS helps put in position on the map. Ultimately, Maps AR helps get around that problem of not knowing which way to walk because the AR can then point in the right direction so you’re heading the right way.

Insurance and Financial Institutions

With AR remote work assistance, as customers can easily gain clarity on billing, invoice inquiries and personal pin inquiries, with the agent sharing their view and pointing where necessary. Agents can use it to validate customer identities, or gather specific visual evidence or proof for disputes.

Travel Companies

Some Travel companies have step their foot in AR technology. It helps them explore new places, venues and many more interesting and suitable facts about them.

Movie Companies

Movie Companies are innovatively implementing AR technology to improve theatre experiences and attract larger audiences.

The future of meetings, training sessions and daily work of the Organization could drastically and rapidly change with AR helping companies become more energy-efficient. Manufacturers, Researchers and more will find innovative ways to make people more productive in the face of an aging populace. All of these tools will help the expanding of acceptance and capabilities of AR a bit further.

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FAQs Related to AR Remote Work

Can you interact with augmented reality?

Most virtual reality (VR) interaction takes place via a motion controller, but most headset-based augmented reality (AR) devices utilize a combination of gaze and hand tracking for interaction. When you set out to design your augmented reality app, you will need to consider how the user will interact with objects.

What is the difference between VR and AR?

Virtual reality (VR) implies a complete immersion experience that shuts out the physical world. Whereas Augmented reality (AR) adds digital elements to a live view often by using the camera on a smartphone.

Is AR and VR the future?

“Augmented, Mixed and Virtual Reality 2020-2030: Forecasts, Markets, and Technologies” covers one of the key markets of the future. VR, MR, and AR are products are used in many different settings, for example for day-to-day workflow management and on production lines. Hence, AR and VR is definitely the future of technology.

What is AR in simple words?

AR is the special technology where it instructs your device to be helpful throughout your day by letting you experience digital content in a similar way you experience the world. It lets you search for things visually and virtually, simply by pointing your camera at them.

How exactly does Augmented Reality work?

Computer vision or camera understands what is in the physical world around the user from the content of the camera feed which it continues to grasp. This allows the application to show digital content relevant to what the user is looking at.
December 2, 2020