Leopoly Blog

Virtual Reality is Transforming the Automotive Industry

Aug 21, 2017 1:59:57 PM / by Kevin Jackson posted in Augmented Reality, Virtual reality, VR and AR Fusion, Investing in VR, Automotive, VR in Automotive, VR in Automotive Industry

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Model T vs. Tesla

 

Henry Ford did not invent the automobile or the assembly line, but he had a vision about how to build better ones. In the beginning, he and his team started out with the first version of the Model A, which sort of looked like a giant baby carriage with a steering wheel. This model served kicked off a series of production models and prototypes that took them to the letter T. The result was a not just a car, but an entire assembly line capable of mass producing the Model T in a way that became increasingly cheaper and more efficient. The last Model T rolled off of the Ford line in 1927 after sold more than 16.5 million units (still ranks 8th all time on the list of most cars sold).

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The Future of Virtual Reality Applications

Jul 28, 2017 2:09:58 PM / by Samantha McGuire posted in Augmented Reality, Virtual reality, VR and AR Fusion, Investing in VR

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An article by Matt Strain, the director of mobile acquisitions for AVG Technologies, in the Guardian states, “App developers… will design a single experience that will stretch across any internet connected terminals.”  We believe that the trend of cloud-based, cross-platform applications will continue into virtual reality.  Today, mobile and virtual reality applications have remained on separate platforms.  Even the most popular Android app store, Google Play, has created a separate Daydream store to host their VR apps.  This article will explore our thoughts for the future of VR apps and the incorporation of these applications as an important screen for companies and developers to consider for marketing and reaching their customers.

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5 Great Ways to Design in Virtual Space

Jul 13, 2017 5:00:23 AM / by Kevin Jackson and Roland Mányai posted in Augmented Reality, 3D Content Creation, Virtual reality, VR and AR Fusion, Investing in VR

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In our last blog entitled “Virtual Reality is the Future of Design”, we discussed the challenges of using CAD and modeling software and the opportunity to use virtual reality (VR) to both create and edit 3D models in room sized spaces. While this technology may sound like something from classic movies like “The Lawnmower Man” or “The Matrix”, it is very real and already being used by industry giants like Ford, Nike, and BAE Systems. 

 

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Virtual Reality is the Future of Design

Jun 21, 2017 8:35:51 AM / by Kevin Jackson and Roland Mányai posted in Augmented Reality, 3D Content Creation, Virtual reality, VR and AR Fusion, Investing in VR

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When computer aided design or CAD was first introduced back in 1957, it was a revolutionary replacement for a 2D drawing board. Research in the 1970s shifted from 2D to 3D and its findings gave rise to the introduction of AutoCAD in 1983, which was the first significant CAD program for the IBM PC. This was also a revolutionary step as the AutoCAD developers were able to offer the majority of functionalities offered by other developers at a fraction of the price. The global CAD market exploded from there to reach a forecasted $7.5 billion this year and $11.21 billion by 2023, while 3D modeling is expected to grow from $1.3 billion to $7 billion by 2023.

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Virtual and Augmented Reality Fusion

Jun 7, 2017 1:42:31 AM / by Kevin Jackson posted in Augmented Reality, 3D Content Creation, Virtual reality, VR and AR Fusion, Investing in VR

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The world famous futurist, Ray Kurzweil, wrote back in 2001 that “We won’t experience 100 years of progress in the 21st century – it will be more like 20,000 years of progress (at today’s rate).” This is indeed what we are witnessing as technology now evolves exponentially rather than linearly. The World Economic Forum published a compelling article about this phenomenon last year entitled “The Fourth Industrial Revolution: what it means, how to respond.” It characterizes the Fourth Industrial Revolution as a “fusion of technologies that is blurring the lines between the physical, digital, and biological spheres.” Virtual reality (VR) and augmented reality (AR) are two of the leading, emerging technologies that are now driving the Fourth Industrial Revolution (Industry 4.0).

The World Economic Forum identifies the following three main reasons why this revolution is happening: velocity, scope, and systems impact. 

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