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All-in-one platform for simplifying and implementing Virtual...
created · Updated
Deadline: Jan 17, 2024
Received 0 expressions of interest

Summary

Basque (north of Spain) consolidated ICT company has developed, patented and commercialized a technology that can turn any project into a multi-user and remote-operating solution through large VR rooms and a series of tools that help creators generate their own projects and contents The Basque company wishes to engage with partners worldwide in commercial agreements with technical assistance

Description

The SME designs and develops tailored-made solutions / applications based on technologies in XR: virtual, augmented and mixed reality. Immersive technology and hybrid collaboration is thus pursued for the sake of sustainability, added-value and technological innovation in the industry. The company has been developing VR industrial solutions together with some of world’s largest and most innovative companies and governments in multiple sectors for 20 years. The technology behind the platform can reproduce complex live environments in full-scale virtual reality scenarios allowing multi-user 1:1 interaction with absolute accuracy and freedom of movement. The product is a complete solution including hardware components for setting up the VR rooms and a software made up of different modules. Remote rooms can be connected for sharing virtual experiences. The company has also designed a system that will allow generating mobile VR rooms. This complex technology (patented in the USA and EU) is a simple and operational solution for the introduction of immerse technologies into different industrial / academic processes effectively, namely: a) Training and simulation - for enhancing skills, confidence and performance. It improves workforce capabilities through high-fidelity lifelike VR simulators. b) Education and learning – for forging the full spectrum of virtual education. Learn and teach either on-line or on-site. c) Engineering and prototyping – for accelerating PLM (product lifecycle management) by clarifying complex data and ideas. Decentralized teams can work on the same page faster and solve problems in advance. Obstacles can be identified at an early stage and prototype and test solutions via virtual replicas. d) Marketing and sales – Sale cycles can be speeded up by delivering product experiences in-person or remote modes. e) Research and Innovation -research can be conducted by empowering staff with fully customizable VR labs. The SME is present in North America, Latin America and Europe, with offices in Bilbao, Madrid, Toronto and Mexico. Its cutting-edge solutions have been implemented in various Fortune 500 companies including GE Hitachi, Petronas, Iberdrola, Repsol, ArcelorMittal, Danone, Johnson&Johnson, Bayer and Merck. Likewise, the Basque company has provided technology solutions to other powerhouses such as Guardian Glass, Biogen, Alstom, Land Rover Jaguar, Faurecia and Suez and institutions such as ADIF, the Spanish Ministry of Defense, King’s College London and Kessler Foundation. The company works on a license-based revenue basis. This business model allows the Basque company to maintain close and long-standing relationships with their clients as it fosters a constant generation of contents. Commercial agreements with technical assistance are sought

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