WHY IT MATTERS: Digital Transformation
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WHY IT MATTERS: Digital Transformation
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Curated by Farid Mheir
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#AR #VR startups at an all-time high, Facebook & Apple have 1000+ engineers on it #gameOfTitans

#AR #VR startups at an all-time high, Facebook & Apple have 1000+ engineers on it #gameOfTitans | WHY IT MATTERS: Digital Transformation | Scoop.it

AR/VR hype keeps reaching new heights. Funding to AR/VR startups reached an all-time high in deals and dollars last year. Both Facebook and Apple are reputed to have 1000+ engineers working on their respective headset efforts. And PlayStation said its PSVR, a $400 headset released in October, has sold 915k units in just 4 months. Unsurprisingly, startups of all kinds are flocking toward what could be the next major computing platform.

In this webinar we'll delve into:

  • Major startup players in the AR and VR market
  • Investigate new enterprise and industrial use cases for AR/VR
  • Patents being sought by large corporates like Microsoft, Apple, along with startups like Magic Leap
  • Highlight how media companies and movie studios are reacting and driving M&A
Farid Mheir's insight:

WHY THIS IS IMPORTANT

So much money is being invested by so many large companies that it is difficult not to expect great things from AR and VR in the coming years. If you go beyond the hype on gaming gears and being able to watch a virtual TV on the wall, every corporate strategy should include at least evaluations of the technologies to help improve manufacturing, repairs, or other professional activities. 

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Grocery Store Of The Future: 65 Startups Reimagining Shelf Stocking, Product Promotion, Shopper Tracking, And More

Grocery Store Of The Future: 65 Startups Reimagining Shelf Stocking, Product Promotion, Shopper Tracking, And More | WHY IT MATTERS: Digital Transformation | Scoop.it
The startups in this infographic have raised nearly $1.5B to optimize grocery store operations with AI, virtual reality and more.
Farid Mheir's insight:

WHY THIS IS IMPORTANT

Grocery is the last frontier for digital disruption, everyone knows (huge market but late adopter of digital, especially eCommerce see http://sco.lt/8ai7W5 http://sco.lt/6q1Ijx http://sco.lt/8Y94vh ).

But no one knows when exactly they'll get disrupted. Many are betting on eCommerce but from the looks of this report, we may see a lot of changes in our weekly trip to the supermarket, from shelf monitoring to augmented reality.

Then again, grocers are pre-historic in their use of technology because of low margins and a very repetitive shopping experience. We mostly always buy the same products and are looking at our store "experience" to be fast with low prices, not so much fun and experiential (see Amazon GO http://sco.lt/8MTY8X where there is no cash register to slow you down still needs to be cheap http://sco.lt/80HuqX).

So my bets are on the startups that enable faster grocery shopping at a low cost- all others I expect will have a hard time (sorry AR and VR startups...)!

StartupVideoStash's curator insight, May 3, 2017 6:50 AM
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Curated by Farid Mheir
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