A shared virtual reality experience that sees users view VR content together inside a large geodesic dome is coming to the US.
Shropshire, the UK, based company Igloo Vision is opening operations in both New York and Los Angeles, aiming to bring their ‘shared VR experiences’ to the US commercial VR market. According to the founder, in terms of content and commercial application, the US is at least three years behind the UK, making it the perfect market for British expansion.
The company itself is the creator of an immersive VR experience called the Igloo. Rather than relying on a headset, multiple users sit together inside a dome or cylindrical pod that then provides a 360 degree VR experience. The dome itself is available in four sizes, ranging from the smallest, a 6m, 12 person Igloo, to the largest, which, with a 21m diameter can house an incredible 750 people.
The Igloo is principally used for three different commercial applications: ‘experiences’ (to engage, inspire or entertain), ‘simulation’ (to immerse teams in a given scenario) and ‘visualisation’ (to bring design concepts to life).
“While the headset market is perfect for consumers and individuals, the commercial VR market needs something different and is changing rapidly from being an awkward and isolated experience to one where a business’ potential customers, partners or employees can sit relaxed or stand together and view and interact with it,” said Colin Yellowley, founder and MD of Igloo Vision, who will head up the US operations.
“Shared experience makes VR more engaging and more powerful – especially in commercial environments. We have a real opportunity here to be a home-grown UK business who exports innovation and takes a leadership position in an exploding global market.”
Importantly, Igloo Vision has created an advantage by using the principle of what it refers to as ‘frugal innovation’. Rather than taking a top-down approach to create bespoke 360 degree VR projection environments with expensive projectors and screens, the company instead uses off-the-shelf components to build simple, reusable igloos. Taking this approach has allowed the company to reduce the entry level cost of a shared VR experience from millions to less than £100,000.
Already employed by consumer and retail brands to bring a new product experience to customers, Igloo Vision has also been employed by the armed forces and oil companies to run simulations and training for personnel. With the US already accounting for more than 50% of the company’s revenue, and leading VR spending globally, Igloo Vision is hoping that the region’s heavy investment into the tech, versus the UK’s greater caution in adoption, will help to take them to new heights.
Igloo Vision’s CEO, Dennis Wright, believes that the UK is at risk of losing its technological lead in VR.
“The US market is investing heavily into VR technology, and as a leading supplier of VR projection technology we need to ensure that we’re at the heart of that investment,” he said. “The UK has the best skills and content developers in the world. As a nation we need to adopt a US mentality and attitude to growth and success or risk losing out as the VR market develops further State side.”