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Sandbox VR expands to new locations globally with $37M Series B led by Andreessen Horowitz

TechCrunch

After a challenging year for location-based virtual reality startups due to COVID-19, Sandbox VR , a location-based VR startup, is making a comeback with a plan to expand its operations further across the globe. Sandbox VR raises millions more in celebrity party round. Image Credits: Sandbox VR. Canada and Asia.

VR 301
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Three Ways Retailers Can Use AR and VR to Boost Post-Sale Customer Experience

Perficient

While those ideas are a great way to maintain the relationship, brands need to catch up with how consumers are using technology to shop and interact with their favorite retailers. With the high interest from consumers, it’s clear that AR and even virtual reality (VR) should be used in all customer interactions, even post point of sale.

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Private 5G networks are sparking innovation at the edge

CIO

They also provide a foundation for unprecedented business innovation and transformative new digital experiences. Private 5G-enabled AR/VR technology facilitates remote training and maintenance, enhancing productivity and reducing downtime. Private 5G provides the foundation for radical innovation, particularly at the edge.

Network 247
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Why Adopting New Technologies like AR and VR are Essential for Your Business?

Trigent

In that case, it is essential to understand why companies consider adopting new technologies or digital transformations like Augmented Reality (AR) and Virtual Reality (VR) to meet customer needs. While AR and VR offer many revolutionary experiences, XR is based on the same technologies. million VR users and 110.1

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LG announces the first 50 participants in its LG Nova program

TechCrunch

LG’s innovation center — LG Nova among friends — today announced that it has selected the first 50 companies for its Mission for the Future global challenge competition. Mindset Medical – Delivers a portfolio of proprietary virtual technologies that advance the full continuum of patient care. CurieAi, Inc.

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What is Digital Transformation in Retail: Trends, Use Cases and Predictions

Openxcell

The paradigm transition it brings to the retail landscape is evident from the latest predictions. The market size for retail digital transformation is forecast to reach USD 711.61 These estimates are key indicators that digital transformation in retail is all set to bring a big picture up front. billion by 2023. billion by 2028.

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Digital twins are primed to revolutionize the infrastructure industry

CIO

Elaborating on some points from my previous post on building innovation ecosystems, here’s a look at how digital twins , which serve as a bridge between the physical and digital domains, rely on historical and real-time data, as well as machine learning models, to provide a virtual representation of physical objects, processes, and systems.