October 19, 2021

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Business The Problem Solver

Employing Enterprise-Augmented Reality Solutions to Remedy Write-up-Pandemic Problems

As the COVID-19 pandemic still looms above us globally, our technological landscape has grown exponentially, aiding in customer adoption of the new requirements of security. From contactless healthcare companies to daily life-maximizing virtual resources, researchers have made great strides in the development of augmented fact (AR) sensible eyeglasses. 

Science fiction motion pictures have extensive toyed with the strategy of wearable technology, but we’ve arrive a lengthy way because then, the long term is in this article. Now, firms like Google Inc. (NASDAQ: GOOG), Fb Inc. (NASDAQ: FB), Medtronic PLC. (NYSE: MDT), Microsoft Company (NASDAQ: MSFT), and SNAP Inc. (NYSE: SNAP) offer or are producing slicing-edge AR options for customers and qualified workers.

Vuzix® Corp. (NASDAQ: VUZI), a provider of sensible eyeglasses and AR technology products and solutions with 210 patents and patents pending, as effectively as a lot of IP licenses in the online video eyewear area, is allowing users’ blend their serious-world existence with augmented actuality. The organization recorded report gross sales of clever eyeglasses in 2020, and quarterly record gross sales of Wise Eyeglasses in 1Q 2021 with around 150% 12 months-about-year progress.

Traders have pointed out the company’s new success and Vuzix has viewed its inventory cost a lot more than triple because mid-December. 

The motive is straightforward — AR know-how enhances field capabilities and shopper activities, specially when pandemic-associated social distancing demands instant methods.

The World and Present-day Virtual Actuality

As places of work are becoming much more virtual, corporations are swiftly adopting the use of intelligent glasses as a way to adapt . For instance, Vuzix delivers options across various industries these kinds of as healthcare, allowing for surgeons to collaborate remotely on correct medical therapies by using video and audio in actual time, reducing exposure to COVID-19.

Vuzix sensible glasses are used in places such as the College of Louisville University of Drugs, Johns Hopkins Healthcare facility ICU, the surgical departments of hospitals in Barcelona, Spain, Ohana One Global Surgical Help and Instruction, University of Rochester Health-related Middle, University of Malaya Professional Centre (UMSC), Chi-Mei Medical Center in Taiwan and Istanbul College College of Dentistry.

Vuzix clever eyeglasses aid distant connectivity through broad help of well-known videoconferencing platforms these types of as Zoom, Microsoft Groups, Cisco Webex, Zoom, Skype for Small business and BlueJeans by Verizon. 

Vuzix in 2021

Earlier this year, the organization hosted an on the web panel dialogue “Fixing submit-pandemic issues with Enterprise AR” that includes Medtronic (NYSE: MDT), a worldwide leader in medical know-how methods, and TeamViewer, a primary service provider of remote entry software, to examine critical takeaways for a successful deployment of augmented reality for company buyers.

In addition, Medtronic presented a firsthand essential buyer point of view on the international use of Vuzix good glasses paired with TeamViewer Frontline, together with some greatest practices all-around deploying AR tasks throughout a big company.

TeamViewer also shared its software program point of view and walked through how it partnered with Vuzix to enable a scalable solution for Medtronic and share cross-marketplace learnings.

Corporate Highlights

Just lately, the organization has been generating headlines for its multiple progress and announcements, this kind of as:

  • Vuzix was included in current market growth to aid the NextAR surgical AR platform developed by Medacta International, one particular of the world’s greatest suppliers of ground breaking orthopedic goods focusing on healthcare sustainability. 

  • John Deere (Deere & Business) (NYSE: DE), a globe chief in furnishing state-of-the-art items, technological innovation and products and services for buyers, deployed Vuzix M400 smart eyeglasses in Brazil by means of local Vuzix distributor Totalpower.

  • Buyers like Rods & Cones, Pixee Medical, Ohana Just one, 1 Minuut and Medtronic claimed achievement with good glasses in the telemedicine segment. 

  • Clever eyeglasses have been adopted throughout other business verticals like building, client durables, customer staples, electricity, food stuff processing, producing, raw supplies, retailing, telecommunications and utilities. Examples of clients in some of these segments consist of Plug Electrical power (NASDAQ: PLUG), KDDI (OTCMKTS: KDDIY), Cooper Businesses (NYSE: COO), and Verizon (NYSE: VZ).

  • The firm expanded OEM engagements in the aerospace/defense and clinical market place and with Jade Bird Display, a Shanghai-centered leader in microLED shows.

  • The organization announced in June that it has joined the wide-marketplace Russell 3000 Index next the 2021 Russell indexes annual reconstitution.

For much more info, check out the company’s web page

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