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Snap quietly acquired 3D-scanning startup Th3rd last year

TechCrunch

Snap quietly acquired Amsterdam-based 3D-scanning studio Th3rd in the second quarter of last year, at a time when the company was looking to bolster its AR-powered commerce ambitions. After being selected for Adidas’ Accelerator in Europe, the company worked with the retailer to digitize more than 2,500 shoes. trillion by 2030.

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3 technology trends set to revolutionize retail

CIO

Few verticals have undergone as massive a change as retail in the last couple of years. Driven by cutthroat competition and significant shifts in customer expectations, retail companies are striving to align themselves with the changing landscape, with IT playing a crucial role in their ability to achieve this.

Retail 167
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Singapore-based retail analytics company Trax raises $640M Series E led by SoftBank Vision Fund 2 and BlackRock

TechCrunch

COVID-19 forced many retailers and brands to adopt new technologies. Retail analytics unicorn Trax expects that this openness to tech innovation will continue even after the pandemic. Early in the pandemic, retailers had to cope with surge buying, as customers emptied shelves of stock while preparing to stay at home.

Retail 186
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Korean 3D spatial data tool startup Urbanbase closes $11.1M Series B+ round

TechCrunch

Urbanbase , a Seoul-based company that develops a 3D spatial data platform for interior planning and design, announced today it has raised $11.1 billion in 2021, based on Strategy Analytics’ report. RenovAI helps retailers offer automated interior design advice to their customers.

3D 189
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Digital twins are primed to revolutionize the infrastructure industry

CIO

For decades in the AEC industry, work has been performed on a project-by-project basis using computer-aided design (CAD) and more recently building information modeling (BIM) software to create specific 2D and 3D deliverables. We’ve seen an uptake in live digital twins in recent months,” says Martin Rapos, CEO of 3D BIM developer Akular. “In

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LG announces the first 50 participants in its LG Nova program

TechCrunch

XRHealth Virtual Clinic – Integrates VR/AR, licensed clinicians and real-time data analytics. Bigthinx – AI technology focused on fashion retail, wellness and the metaverse with products for body scanning, digital avatars and virtual fashion. The Metaverse.

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Why adaptability is the new digital transformation

CIO

For example, a city can become more adaptive in its use of “flexible spaces” by using techniques such as popup retail, programmable streets, and dynamic curb management. Both physical enablers such as popup retail and digital enablers such as dynamic curb management can contribute to this increased level of adaptability.

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