VIRNECT partners with DigiLens to bring XR technology to the industrial market. Together they should provide cost-effective XR solutions for various applications. The new devices should be more affordable while performing better. The XR market is set to grow significantly, and this partnership aims to capitalize on this potential by making XR innovation accessible to businesses and consumers.
VIRNECT, an XR technology solutions provider, has partnered with DigiLens, a developer of waveguide displays for augmented and mixed-reality devices. This collaboration will allow VIRNECT to integrate DigiLens’ technology into its XR solutions. It should provide customers with a new level of immersive experiences.
Partnership to increase accessibility to XR technology
The partnership between VIRNECT and DigiLens should provide cost-effective XR solutions for various applications, such as remote assistance and guided manufacturing. By integrating XR technology, customers have reported increased engagement and reduced cognitive load, leading to more effective training and fewer mistakes.
DigiLens technology develops lightweight and compact devices with good performance, providing clear and vivid augmented reality experiences. The company’s proprietary holographic nanostructures are the basis for its advanced waveguide displays. The partnership with VIRNECT will allow both companies to bring these technologies to market in innovative ways.
XR market set to grow
The XR market is expected to grow from $28 billion in 2021 to $252 billion by 2028, with a CAGR of 35%, according to The Insight Partners (March 14, 2022). The VIRNECT-DigiLens partnership aims to make XR innovation accessible and capitalize on this growth potential. By combining VIRNECT’s expertise and DigiLens’ innovative lens technology, the partnership will deliver enhanced performance and affordability of XR devices.
DigiLens ARGO, one of the products included in this partnership, will create new ways for people to learn, work, and communicate. As part of the partnership, VIRNECT is offering free XR content production to support the implementation of these kind of solutions in various industrial applications, aiming to facilitate the incorporation of XR technology and improve knowledge management in the industrial field.
