Resonai, AI and AR to create digital twins

AR capability can offset adoption expenses by reducing other costs or opening up new revenue streams.

The augmented reality market in 2019 reached $10.7 billion and is expected to surpass $72.7 billion by 2024 and according to statista consumer spending on AR/VR technology also accounted for the largest portion of the market worldwide last year. Augmented Reality is sought after by businesses to provide a better connection to customers, as it can be used to provide additional context in an intuitive format. Being able to point a mobile device at a product and bring up virtual 3D objects, additional information or symbols/contextual elements can communicate more about a product than labels or even a web page appearing on a smartphone.

Augmented reality is excellent also in the case of training, saving time is not the only advantage of augmented reality training. Learners also benefit from an engaging and personalized experience that is superior to traditional media. Contextual 3D visualizations are extremely beneficial in almost every industry. For example in preventive maintenance, AR typically reduces downtime by 30-50%, saving time and money. From managing IoT devices to staying on top of maintenance issues, one in five facility managers are currently harnessing the power of AR, with 73% of facility managers surveyed saying they expect to implement AR solutions at some point in the next two years.

Resonance

Israeli startup Resonai announced today that it has closed a $20 million extension to its Series A funding round, bringing the total amount raised to $30 million. Resonai is the creator of the Vera platform, which uses artificial intelligence and augmented reality technology to convert physical spaces into smart digital environments that enable more immersive and real experiences. Resonai is the creator of the Vera platform, which uses artificial intelligence and augmented reality technology to convert physical spaces into smart digital environments that enable more immersive and real experiences.

Using the Vera platform, a theater space, retail, spacious apartment, or any other type of building can be scanned and sent to Vera’s AR cloud to create a highly accurate 3D digital twin. This virtual space then becomes available via the cloud and is connected to mobile applications and devices operated by Vera. This allows AR experiences to use highly precise location information about space and deploy visual and audio cues with high fidelity.

Resonai says its digital twins can be thought of as an “operating system” that powers a wide range of applications aimed at improving a building’s operations or providing engaging consumer experiences. For example, building operators can use Vera to launch an innovative AR experience such as a digital concierge service, where visitors can be guided through a building. It also allows AR experiences to use very precise location information about space and deploy visual and audio cues with high fidelity.

In a recent game pilot, once the space is scanned, mobile apps that interact with the game will be more “aware” of the environment than if they only had access to a camera. smartphones. As a result, objects could be occluded by walls, hidden behind chairs, hug walls, or be more aware of floor and ceiling placement. As a result, AR experiences that overlay the visual field with 3D virtual objects that appear in relation to real-world objects will appear more “real” to users.

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