HTC holds Virtual VIVE Ecosystem Conference in full VR

HTC recently held its fifth annual XR industry conference in virtual reality (VR), with the company noting it could pave the way to ‘breaking through physical limitations.’

The conference, which is now renamed as the Virtual VIVE Ecosystem Conference (V²EC), is said to be the first major physical industry event that has been replaced completely by an interactive VR digital medium, which was attended by nearly 2000 registered participants from more than 55...

AR and VR headsets to see short-term Covid-19 decline – but IDC notes positive long-term outlook

IDC has forecast a decrease in augmented (AR) and virtual reality (VR) device shipments in the first half of 2020 due to supply chain disruptions caused by the recent Covid-19 outbreak – but says the long-term landscape is strong.

According to IDC, a decline of 10.5% is expected on a year-over-year basis in the first quarter, followed by a 24.1% decrease in the second quarter. However, a bounce back is expected in the second half of 2020, considering gradual production increase...

VR assists doctors to detect balance issues in multiple sclerosis patients

A team of researchers have established a test using virtual reality (VR) to detect the risk of falling in patients with multiple sclerosis, despite them not knowing about any walking deficiencies in themselves.

The idea behind the use of VR, from the University of North Carolina at Chapel Hill and North Carolina State University, is that patients with multiple sclerosis (MS) may be compensating for walking deficiencies by depending on their visual abilities. Such patients may...

NexTech to acquire Jolokia for AR holograms in web conferencing

NexTech AR Solutions announced that it has signed a letter of intent to acquire interactive video solutions provider Jolokia in an all-stock transaction.

According to the deal, on closing, NexTech AR would require an initial payment of 1 million shares in restricted stock priced at $1, with a 12-month earn out if certain revenue milestones are hit of an additional $4 million in restricted stock.

As corporate meetings and events are happening online these days by medium of...

Porsche introduces VR experience for customers to explore new Taycan model

Porsche has announced the launch of the Taycan VR Experience, which aims to let customers view the new Porsche Taycan model up close and even under the bodywork by making use of VR goggles.

Customers can trace the contours of the latest model by wearing the goggles, as well as experience the Porsche styling for themselves.

Robert Ader, head of customer relations at Porsche said: “The Taycan is the beginning of a new era at Porsche – and it is only appropriate...

All Nippon Airways to introduce VR safety training to enhance risk prediction and worker safety

Japanese airline All Nippon Airways (ANA) has announced that it will soon be introducing virtual reality (VR) training designed to help its mechanics predict future risks and also improve safety in all aspects of aircraft operation.

According to the company, the latest VR Safety Training System will make use of 3D simulations of work environments in order to build real-world scenarios based on common work-related accidents. Those workers who would be participating in the VR training...

AR market value to exceed $100bn by 2024 n through emerging interaction methods for smart glasses

The value of the augmented reality (AR) market is set to break $100 billion by 2024, according to ABI Research, as emerging interaction methods for AR smart glasses maximise and optimise user experience.

The analyst firm’s latest report, ‘User Interface and User Experience in AR Technology’, states that more intuitive and user-friendly interaction would enhance UX and drive growth of the AR smart glasses market in the coming years.

Eleftheria Kouri,...

HTC reveals three new flavours of VIVE Cosmos VR headset for novice and experienced users

HTC is expanding the range of its VIVE Cosmos series of PC-tethered virtual reality products – aiming to sate the appetites of the most demanding enthusiasts, as well as entry level starters.

The VIVE Cosmos Elite, Cosmos XR and Cosmos Play family of products (above) were unveiled by the Taiwan-based manufacturer, alongside new faceplates that can expand the functionality of Cosmos.

Cosmos Elite is the highest-capability offering and ‘pairs the performance of...

Survey: VR headset sales on Steam sees biggest ever jump in January

According to the January 2020 data released from Valve’s Steam Survey, VR headset growth on Steam has taken its largest leap yet, with 1.31% of the population having headsets that were connected to their computers.

With a year-over-year increase of 43%, this beats out the earlier record that was set in January 2019 when monthly-connected headsets jumped to reach 0.91% for the very first time. As per the estimations made by the researchers, the number of monthly-connected...

Oxford VR secures $12.5 million investment to help VR for mental health mission

UK-based Oxford VR has announced $12.5 million (£9.63m) in a series A funding round led by Optum Ventures and supported by Luminous Ventures. Existing investors which include Oxford Sciences Innovation, Oxford University Innovation and GT Healthcare Capital Partners also participated in this investment round.

According to Oxford VR, the funding will help the firm to boost US expansion of its evidence-based and scalable automated VR therapy solutions for behavioural health...