The fintech industry is one of the biggest growing tech industries in the world with the advent of mobile banking applications, services like Google and Apple pay and digital banks such as Monzo or Starling Bank. The fintech industry is tackling problems such as security, banking access and financial education, what more can the fintech achieve by utilising AR and VR technology? In this blog we’ll explore some of the ways that the fintech industry can benefit from using augmented and virtual reality technology.
When we talk about safety training, most of us will think of boring training lectures and even more boring reading material. Although it’s a necessary evil, using these methods can be just that, boring, unengaging. What if there was a better way? Virtual reality presents a new method of safety training that is engaging, cost effective and significantly increases retention. Here are just a few benefits of using VR to provide employees with safety training.
Digital Twins Digital Twins are 3D digital replicas of existing systems which uses data gathered by sensors predominately seen in IoT (internet of Things) devices from the physical ‘twin’ which is then sent to the digital replica. Digital twins can be something large like a large site like a shopping centre or an oil and gas rig to an individual part of a larger machine such as a jet engine.
This guest blog comes from Charles from Innovate UK, Innovate UK are part of UK Research and Innovation, a governmental funding body. Thanks to the rise of immersive technologies, the future of storytelling is changing. AR, VR and MR have the power to captivate audiences across the globe! They can not only change what an audience sees, but also feels. The UK is at the front of this creative revolution – and we’ve just taken another huge leap forward.
Oculus Quest The Oculus Quest has been hotly anticipated by VR developers and consumers alike due to the promise of wireless VR gaming. Games such as Beat Saber, Robo Recall and Superhot all are release titles of the new Oculus Quest VR headset. The standalone headset boasts 6Dof (six degrees of freedom) and two new Oculus Touch controllers. Alongside the Oculus Guardian system seen in previous VR headsets created by Oculus, the Oculus Quest VR headset makes for an incredibly portable VR headset.
Are the days of the paperback numbered? Increasingly, digital technologies are replacing traditional methods of communication. But is this such a bad thing? Immersive technologies such as augmented reality (AR) and virtual reality (VR) are being used by companies and organisations from wide ranging sectors to communicate with audiences in an attempt to foster deeper connection. We’ve rounded up some of the best projects and schemes that are utilising new, immersive technologies in exciting new ways.
Telehealth is the use of technology, either internet or phone technology to assist in the healthcare of remote patients. Primarily, it involves the exchange of data so that doctors and other medical professionals can better treat and monitor patients with long term illnesses. This comes in the form of check-ups through telephone or video conferencing software, reminders to patient as well as live monitoring of patients. We’ve spoken about VR’s usage in the healthcare sector , with its ability to train medical professionals and treat mental health issues.
Attended by nearly 200 thousand people in Las Vegas, CES is one of the biggest trade shows in the world. CES or the Consumer Electronics Show displays the latest technology from companies like Google and Intel to Lenovo to LG. At CES, massive technology companies will showcase their existing products and announce new products to the public. VR companies such as Oculus and HTC will showcase VR hardware with HTC announcing their new VR headset at this year’s CES.
2018 saw the release of the Oculus GO and the HTC Vive Pro as well as the announcement of the Oculus Quest and the rise of Playstation VR. It’s been a great year for VR with more games and headsets on the way, but what does 2019 have in store for the VR market? We discuss more below and look at the upcoming year for the VR market. Oculus Quest The Oculus Quest will be released in Spring 2019 and could potentially have a massive impact on the VR market.
First teased under the name of ‘Project Santa Cruz’, the Oculus Quest is a new VR headset from Oculus set to be released early next year in spring 2019 for around $399. In this blog, we’ll layout everything you need to know about the Oculus Quest and why it’s so important for the VR industry. The Facts The Oculus Rift has been a key figure in the VR space for a while, rivalling the HTC Vive, with both being powerful piece of hardware for games and other applications.