The DeanBeat: Experiential Technology event shows how far VR has to go

“From what I have a sense of, there’s still a lot of investment pouring in from the platform holders,” said Shiraz Akmal, CEO of VR startup Spaces. “Seven-figure deals are happening. But the difference, at least from my perspective, is that the early days were more of a spray-and-pray kind of situation.”

He added, “Now it’s more targeted. ‘Hey, we’ve invested billions in this platform, and now we need a title that can help us sell the numbers that everyone was projecting a year ago.’ The competition for those dollars is more fierce. There are bigger stakes in the development community, especially those studios that have bet on VR. Consumer adoption is — it’s adopting, but not as fast as we’d all like.”

From full VR immersion with surround sound and haptics to MR and AR gaming in national parks, how are new digital technologies converging to shape the future...
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