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Accenture Invests in 3D Tech for Metaverse

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Accenture has made strategic investments in Forma Vision and Looking Glass Factory, both providers of 3D technology solutions aimed at metaverse applications. Forma Vision is a provider of live-streamed, volumetric video technology that enables 3D holographic images of people, objects, and environments to be beamed into the metaverse from any office, home, or other location. Looking Glass Factory has developed an end-to-end holographic platform, with a lineup of displays that can show content in life-like 3D without the need for headsets or head-tracking. The investments were made through Accenture’s Accenture Ventures investment arm.

Looking Glass and Forma Vision are the latest companies to join Accenture Ventures’ Project Spotlight, an engagement and investment program focused on investing in companies that create or apply disruptive enterprise technologies. In addition to funding, Project Spotlight connects emerging technology startups with the Global 2000 to fill strategic innovation gaps, and it offers extensive access to Accenture’s domain expertise and enterprise clients. Terms of the transactions were not disclosed.

Published: February 2023
Glossary
hologram
An interference pattern that is recorded on a high-resolution plate, the two interfering beams formed by a coherent beam from a laser and light scattered by an object. If after processing, the plate is viewed correctly by monochromatic light, a three-dimensional image of the object is seen.
metaverse
The term "metaverse" refers to a collective virtual shared space, created by the convergence of virtually enhanced physical reality and persistent virtual worlds. It is a concept derived from science fiction and popularized in literature, movies, and video games. In its essence, the metaverse represents a virtual universe where users can interact with each other and digital environments in real-time. Key characteristics of the metaverse include: Immersive virtual environments: The metaverse...
Business3DImaginghologramholographicmetaverseAccentureForma VisionLooking Glass FactoryDisplaysvolumetricinvestmentAccenture VenturesAmericasEurope

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