Strategies for Integrating XR Experiences into Existing Customer Journeys

Key Takeaways:

  1. Extended reality technologies are enabling enhanced customer experiences in retail
  2. Customers benefit from greater interactivity, personalization and product information
  3. Retailers are using XR to drive more sales, boost brand loyalty and reduce return rates
  4. Small scale pilots can prove integration value and guide a wider rollout

Online retail is growing all the time: according to Forbes, it will account for 28% of all retail sales in the United States by 2028. And a big part of that is the growth of Extended Reality (XR) technologies that are transforming the customer experience – to such an extent that XR could boost global GDP by as much as $1.5 trillion by 2030. Retail technology trends indicate this growth will only accelerate in coming years.

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AR/VR Trends and Predictions For 2025 & Beyond

Key Takeaways

  • Augmented Reality technology has become more mainstream in recent years
  • Industry-specific technologies are gaining ground
  • Health, accessibility and ethics are all key challenges
  • Businesses exploring AR and VR now will succeed long-term

Current State of AR/VR Market

Augmented reality (AR) and virtual reality (VR) have gradually found more practical use cases in recent years – but the use of the technology is set to expand exponentially in the years to come. According to Skyquest, the global market value of AR and VR stood at around $30 billion in 2022 – but by 2031, this is expected to rise to more than $520 billion.

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Optimizing Deep Neural Networks for Edge Devices: The Power of Pruning

Key Takeaways:

  • Pruning of deep neural networks enables their efficient use on edge devices
  • The most relevant and important data and workloads are prioritized
  • Optimized models, as a result of deep neural network pruning, are ideal for real time processing, sustainable AI and efficient computing
  • It can also ensure AI insight generation is secure and compliant

Optimizing Neural Networks for Edge Devices: The Power of Deep Neural Network Pruning

Neural networks – and deep neural networks in particular – are driving machine learning that is closer than ever to the thought processes of the human brain. Their ability to learn and drive decisions from data makes them ideal candidates to use the information gathered by edge devices.

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Transform Your Retail Experience with Advanced AR Solutions

Key Takeaways:

  • AR technology for retail is expanding all the time
  • It is essential for personalization and customization
  • Expert partnership is key for maximizing the potential of AR
  • A bespoke approach generates the best innovation

Transform Your Retail Experience with Advanced AR Solutions

Augmented reality and connected technologies like virtual reality are becoming more mainstream, as trends and predictions for AR/VR continue to evolve. The value of the global market is expected to reach $80 million by 2025, as the capabilities of blending virtual and physical continue to expand.

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8 Benefits of Extended Reality for Modern Manufacturing Processes

Key Takeaways:

  • XR is transforming the manufacturing sector by blending the physical and virtual
  • Benefits range across cost savings, upskilling, time-to-market, reduced downtime and more
  • Financial and technical barriers are not insurmountable
  • Third-party expertise can help maximize current and future innovations in edge technologies

8 Benefits of Extended Reality for Modern Manufacturing Processes

In a highly competitive landscape, any competitive advantage that manufacturing companies can find is a valuable one. And with technology playing an ever-greater role in the sector, extended reality (XR) is standing out as a key differentiator and emerging edge technology.

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A Bold Step Into the Future as Meta Unveils Its AR Glasses Prototype Orion

 

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10 Ways Digital Twin Software Is Transforming Industry 4.0

Key Takeaways:

  • Digital twins are an instrumental part of smarter manufacturing
  • Making manufacturing faster, more cost-effective, safer and more sustainable
  • The same principle can extend through quality control and the supply chain
  • Several key technologies need to come together to make it a practical reality

10 Ways Digital Twin Software Is Transforming Industry 4.0

Digitization is helping businesses develop new products and exploit opportunities in their marketplaces in so many different ways. It’s proving especially useful for organizations who want to get their concepts to market as quickly and cost-effectively as possible, without compromising on quality or testing.

Digital twin technology is one of the main ways in which product development can be expedited – and it’s no surprise that its global market size is predicted to rise from under $18 billion in 2024 to as much as $260 billion by 2032. This blog explores how Digital Twin technology works, how it’s influencing Industry 4.0, and how it can make a real practical difference to your development processes.


What is Digital Twin technology?

Digital twin technology refers to replications of physical items or assets in a virtual environment. Its features, functionality and capabilities can be simulated in real time, based on data collected from embedded IoT sensors in the real product. This can help make development, testing and maintenance a faster and more cost-effective exercise than it would be using physical products themselves.

Digital twins have gained real traction in recent years, across a variety of use cases. For example, fashion retailers have created virtual versions of clothing items that they sell, so that online shoppers can accurately assess fit and size on their own bodies before they commit to a purchase. In the energy sector, digital twins of wind farms combined with predictive analytics are enabling proactive maintenance and balancing of energy output. And automotive businesses can simulate and test new engine designs using digital twins, leveraging real-time monitoring to reduce the downtime of maintenance.

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Emergence of Virtual Reality (VR) in healthcare

Introduction

According to World Health Organization (WHO), Medication errors alone cost an estimated US$ 42 billion annually. Unsafe surgical care procedures cause complications in up to 25% of patients resulting in 1 million deaths during or immediately after surgery annually.   

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Transforming Retail: Harnessing the Power of Augmented Reality

Introduction

Augmented reality, or AR, is not merely a buzzword anymore; it’s a transformative technology that’s reshaping the retail landscape. Augmented reality (AR) offers countless opportunities to improve the retail experience and spur company growth by seamlessly merging digital and physical aspects. Let’s delve into how augmented reality is revolutionizing the way we shop and providing unprecedented opportunities for success, from virtual try-ons to personalized recommendations.

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Integrating IoT with AI for Next-Gen Retail Solutions

 

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