AR and VR

AUGMENTED REALITY AND VIRTUAL REALITY

Overview:

Tomorrow’s Bangladesh is already here. Achievements and progress has been going on in the ICT sector of Bangladesh. PricewaterhouseCoopers, in its global economic projection for 2050, estimates that Bangladesh can potentially become the world’s 28th largest economy by 2030, surpassing countries like Australia, Spain, South Africa, and Malaysia in economic growth.

In visualising the future, we need an adjustment of the mental map of Bangladesh. A nation is not only narrated and officiated but also visualised; visualisation provides powerful perspectives for re-viewing the nation.

Bangladesh IT/ITES companies are implying AR/VR technologies in their projects. Reality as we know it is becoming blurred by the introduction of new technologies, which are set to reshape the way consumers interact with devices and their surroundings. Augmented reality, an amalgamation of virtual reality and real life, is the latest technology to provide an immersion environment that can be controlled without traditional physical button-pressing techniques. Its potential applications on a business and consumer level are numerous, despite its relative infancy.

What is AR?

Augmented Reality: Augmented reality (AR) is an enhanced version of the real physical world that is achieved through the use of digital visual elements, sound, or other sensory stimuli delivered via technology. It is a growing trend among companies involved in mobile computing and business applications in particular.

    • Augmented reality (AR) involves overlaying visual, auditory, or other sensory information onto the world in order to enhance one’s experience.

What is VR?

Virtual Reality (VR): Virtual Reality (VR) is the use of computer technology to create a simulated environment. Unlike traditional user interfaces, VR places the user inside an experience. Instead of viewing a screen in front of them, users are immersed and able to interact with 3D worlds. By simulating as many senses as possible, such as vision, hearing, touch, even smell, the computer is transformed into a gatekeeper to this artificial world. The only limits to near-real VR experiences are the availability of content and cheap computing power.

    • Virtual Reality (VR) is the use of computer technology to create a simulated environment.
    • Virtual Reality’s most immediately-recognizable component is the head-mounted display (HMD). Human beings are visual creatures, and display technology is often the single biggest difference between immersive Virtual Reality systems and traditional user interfaces.

The future of  Business in Bangladesh:

The AR/VR devices of the future will provide personalized, accessible and well-designed experiences. As these elements take hold, a platform shift is imminent. In three years we are going to see new AR glasses with LTE capabilities that will become an alternative to the smartphone.

Requirements to get investment:

According to the investor eye, there are few characteristics of business that are lucrative for investors to invest in business. 

    • Companies must have experience and domain knowledge.
    • If anyone is working with a product, they need to know the use and right solution system of that product.
    • Must have working experience minimum 1 year and owned relevant products for work purposes.
    • Serve the service minimum 10 different clients.
    • Maintain and preserve client and other working documents.
    • If invent device then patent and sell at least 2-3 clients for good client feedback.
    • If needed maintenance warranty issues for customer satisfaction.
    • Complete setup for relevant tasks. There are not only need a huge setup but also have setup at least do the job.