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Virtualitics Raises Another $7m for its VR Productivity Solution

margin707 by margin707
March 1, 2018
in News
Reading Time: 3 mins read
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Bringing more productivity-oriented virtual reality tools to the table has proven to be a rather big challenge altogether. So far, there are very few tools which can make people more productive in terms of work or business. Virtualitics continues to focus their effort son bringing data visualization to virtual reality. As such, the company has raised another $7m in funding to successfully do so.

Virtualitics is on the Right Track

It is quite interesting to see how Virtualitics plans to bring data visualization to the virtual reality industry. There is a growing demand for more VR tools to boost people’s productivity at any given time. On paper, the company is building what is often dubbed as an “Excel for VR”, although it encompasses a lot more than just that. People can see data in an immersive and collaborative way.

Building such a VR suite of tools will not be easy whatsoever. This is the primary reason as to why Virtualitics has attracted a lot of money from investors all over the world. With over $11.4m being raised over the years, things are looking pretty good for the company right now. There is still a lot of work to be done in this regard, though, but for now, things are heading in the right direction.

Virtualitics wants to provide a 3D and collaborative design for companies to better understand the raw data they collect and use on a daily basis. As such, the data becomes a lot more immersive and interactive, which will hopefully lead to a better understanding of what the company is dealing with exactly. Whether or not a lot of companies will flock to virtual reality for this specific purpose, however, remains to be determined. Anything is possible in this industry, although the future remains rather uncertain for productivity in VR.

With the Virtualitics solution, users will be able to experience a Shared Virtual Office features. This means the users can experience teleconferencing rooms to discuss insights from data while it “hovers” in their air in front of them. Since there is no need to buy dozens of VR headsets, it may certainly be appealing to a lot of companies. This platform will come to both mobile and desktop devices as well, which is pretty interesting to keep an eye on.

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Tags: ProductivityVR
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