WiMi Hologram Cloud Inc (WIMI)

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AR promotes industrial transformation, WiMi Hologram and other AR companies share the market in 5G new infrastructure

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https://finance.sina.com.cn/stock/relnews/us/2020-11-26/doc-iiznctke3363340.shtml

Original title: AR promotes industrial change, WiMi Hologram and other AR companies share 5G new infrastructure market sources: Moment Headlines

What kind of surprises will the combination of AR technology and industrial technology bring?

With the advent of Industry 4.0, more and more industrial companies have begun to pay attention to the deployment of information technology, using high technology and big data to escort Industry 4.0. Among them, AR technology is also one of the partners of Industry 4.0. Use AR augmented reality to visualize data, help industrial companies understand products more conveniently and quickly, and use scanning and dissemination functions to help companies save costs in terms of communication and efficiency.



The United States RealWear company launched a HMT-1 industrial head-mounted AI computer, which superimposes the real scene and digital content in real time through AR smart glasses, and puts the required information (data, video, pictures, drawings, etc.) on the scene from the first perspective Presented before our eyes. Users can check the on-site situation through it, and complete the work safely, efficiently and intelligently.

Currently, RealWear has provided products and solutions for the world's top 500 companies Honeywell, Volkswagen, Duke Energy and other companies.

It is reported that relying on the remote technical support platform, maintenance technical experts can see the same view of the wearer through the computer or mobile phone, and guide them to complete each maintenance step through voice, pictures, files, text and other information to ensure troubleshooting .

Augmented reality (AR), as an information visualization tool, can be used in the manufacturing industry, where real-time reporting is essential to the decision-making process. An organization must ensure that their processes are monitored and continuously improved. This is why an AR system connected with computer-aided quality (CAQ) software is proposed as a production monitoring solution. AR technology displays the key performance indicators (KPIs) of each workstation in the factory, which are collected from measuring equipment and integrated into CAQ software; this information is transmitted wirelessly to mobile devices and is located by the indoor positioning system (IPS). The implementation of the system has produced a dynamic tool that can reduce audit time.

Augmented Reality (AR) technology is a technology that ingeniously integrates virtual information with the real world. It uses a variety of technical means such as multimedia, three-dimensional modeling, real-time tracking and registration, intelligent interaction, and sensing. Computer-generated text, images, three-dimensional models, music, video and other virtual information are simulated and applied to the real world. The two kinds of information complement each other to achieve "enhancement" of the real world.

The purpose of creating an AR application may be to serve as a technical support for the manufacturing industry to facilitate the maintenance process or assembly process, with the aim of reducing operation time and training costs.

Perhaps any car mechanic or car enthusiast in the past could recognize a considerable part of the engine parts and know the specific purpose. Now, as more and more complex sensors, computers and safety facilities are applied to automobiles, the maintenance of automobiles is no longer so easy. For this reason, BMW has specially developed an augmented reality glasses. BMW car maintenance personnel can see the highlighted parts with glasses, and the computer will tell the user how to install them in which order. The small screen on the glasses worn by maintenance personnel allows maintenance personnel to see computer-generated pictures in a real environment.

BMW's augmented reality glasses repair operation is actually an AR car manual. Using mobile devices or AR glasses to scan anywhere in the car, consumers can directly see the relevant instructions and say goodbye to the paper instructions.

As AR is more and more widely used in the industrial field, the further development of AR technology is particularly important.

According to reports, WiMi Hologram recently officially announced the establishment of the "Holographic Science Academy" to conduct research in the field of holographic AR frontier technology and disruptive technological innovation.

WiMi Hologram covers from holographic computer vision AI synthesis, holographic visual presentation, holographic interactive software development, holographic AR online and offline advertising, holographic ARSDK payment, 5G holographic communication software development, holographic face recognition development, holographic AI face change It is a holographic cloud comprehensive technical solution provider in various aspects of the development of holographic AR technology. Its commercial application scenarios are mainly concentrated in five major professional fields such as home entertainment, light field theater, performing arts system, commercial publishing system and advertising display system.

As a holographic augmented reality application platform, WiMi Hologram has a huge market potential in the AR value chain. Through cutting-edge technical capabilities, high-quality user experience, and an experienced management team, WiMi Hologram has established a comprehensive and diversified content library among holographic AR solution providers, which is expected to continue to grow in the next few years.

The "Thirteenth Five-Year" National Strategic Emerging Industry Development Plan proposes to increase the research and development of basic technologies such as space and emotional perception, and accelerate the innovation and development of core technologies such as virtual reality, augmented reality, and holographic imaging. The development of emerging technology industries such as VR and AR is included in the "13th Five-Year Plan", which is of great significance.

IDC pointed out that by 2020, the global AR/VR market related expenditure will reach 18.8 billion U.S. dollars, a year-on-year increase of about 78.5% compared to 2019. Some institutions predict that in the near future, the scale of the AR industry will reach hundreds of billions of dollars.

After the launch of 5G, the first scenario application will accelerate the development of VR/AR, and the growth rate of the Chinese market will be higher than that of the global market. Therefore, with the blessing of 5G, the communication transmission shortcomings of immersive game scenes such as VR/AR will be compensated, and it is expected that the commercialization of VR/AR of immersive games will accelerate. According to the China Academy of Information and Communications Technology, the scale of the global virtual reality industry is close to 100 billion yuan, and the compound annual growth rate in 2017-2022 is expected to exceed 70%. According to Greenlight's forecast, the global virtual reality industry will exceed 200 billion yuan in 2020. Among them, the VR market is 160 billion yuan and the AR market is 45 billion yuan. In addition, for the Chinese market, according to IDC's latest "IDC Global Augmented and Virtual Reality Spending Guide", by 2023, China's AR/VR market spending will reach 65.21 billion U.S. dollars, which is higher than the 2019 forecast (6.53 billion U.S. dollars). remarkable growth. At the same time, the compound annual growth rate (CAGR) from 2018 to 2023 will reach 84.6%, which is higher than the 78.3% growth rate of the global market.

The WIMI.US prospectus shows that the holographic cloud business will be deeply integrated with 5G. With the cooperation of 5G's high speed and low latency, remote communication and data transmission, the transmission delay from the system terminal to the business server is average About 6ms, which is much lower than the transmission delay of 4G network, it guarantees the long-distance communication and data transmission of holographic AR without jams, low delay, and multi-terminal remote coordination, and the richness and diversity of time interaction. Makes the collaboration of end + cloud collaboration more efficient. Enhanced mobile broadband (eMBB) and Internet of Things (IoT) applications enable WiMi Hologram Cloud’s holographic AR advertising business and holographic AR entertainment business, as well as holographic interactive entertainment, holographic meetings, holographic social, holographic communications, holographic family holograms, etc. The core technologies based on 5G+AI face recognition technology and holographic AI face-changing technology will gain effective growth.

5G+AR is a remote video visualization solution based on augmented reality. It does not require two-handed operation, that is, real-time high-definition live interaction with back-end experts through the 5G network, enabling experts to be online and remotely guided at any time. Applicable to multiple industries such as communications, medical care, manufacturing, and military. AR terminal is a master of human-computer interaction, computer vision, and display technology. The safe, ubiquitous, flexible and intelligent 5G network will change the relationship between us and mobile devices and provide solid support for AR terminals. With the blessing of 5G, huge users and everything can realize interconnection support, which brings opportunities to many industries that are ready to go, and the VR/AR industry is expected to become the first profitable industry after the launch of 5G.

With the popularity of augmented reality, the number of participants in the field of AR holographic technology continues to increase, sharing the market. Some entrants have begun to apply AR in the industrial field. As a revolutionary cognitive tool and efficiency tool in the "post-Internet era", AR technology has now become one of the key technologies to promote the transformation of various aspects of intelligent manufacturing, running on the road of "Industry 4.0"!

At present, the AR industry is unleashing unprecedented market power, showing an explosive development trend. The "Made in China 2025" key field technology roadmap has listed AR as one of the key technologies in the field of intelligent manufacturing core information equipment. AR technology can be described as a bright future in the manufacturing industry, and it will have an immeasurable impact on intelligent manufacturing. With the development of technology, AR is penetrating into the manufacturing field step by step. Whether it is the design, manufacturing or product stage of the manufacturing industry, WiMi Hologram and other AR companies are writing their own history bit by bit.