Almost all of us have apple iPhones, use Facebook and work on windows. And so do we know that Apple's ARKit gives an experience to the millions of users and iPhone owners to experience AUGMENTED REALITY (AR).
Facebook the mega social monster that engulfed two of the most used social media websites i.e WhatsApp and Instagram is working its way on to bringing VIRTUAL REALITY (VR) to wider audiences.
Microsoft is aiming at using MIXED REALITY to combine the real world with virtual objects! Now, how cool is that and almost all of us understand what AR, VR or MR is. Or do we?
Combining aspects of AR and VR, MR (Mixed Reality) is a new-wave technology.
MR had its first appearance only in 1994, as opposed to VR and AR that have had decades to develop (dating back to the mid-1800s)implying that mixed reality is just a millennial.
People often mistake mixed reality for VR or AR, but the crux is that both the technologies work in tandem to create a mixed reality.Benefits and uses of mixed reality for business MANUFACTURING USE CASES MR can be extremely helpful in architectural scenarios such as placing machinery in a factory.
Worker training and instruction are other cases where this technology is proved to be useful.
For example, workers can receive interactive instructions on how to operate machinery or how to work while on the factory floor all by using a headset on their ear!
They can also communicate remotely with supervisors, and undergo training programs in preparation for executing business operations.Read More
Augmented reality (AR) is a technology that overlays a computer-generated image on a user’s view which connects the real world with the virtual world.
This technology enhances the perception of reality, thereby increasing the user experience and also provides data about the consumer’s immediate environment.
The virtual reality (VR) technology provides the user a virtual environment with the help of computer hardware and software and also offers a fully immersive environment where the user can interact with objects similar to those in the real world.There has been tremendous growth in the M deals, investments, and patent filings in the AR & VR from 2014 to 2015.
It is anticipated that the usage of AR and VR would provide the next major computing platform after smartphones.Magic Leap, Inc. (U.S.) filed the maximum patents as of February, 2016 among the other companies in this market.
The other companies which have been active in the patent filings include the Qualcomm, Inc. (U.S.), Microsoft Technology Licensing LLC (U.S.), LG Electronics, Inc. (South Korea), Pantech Co. Ltd. (South Korea), Sony Corporation (Japan), Intel Corporation (U.S.) among others.The research methodology used to estimate and forecast the global augmented reality and virtual reality market covers collecting of data on key vendor revenues through secondary research.
The vendor offerings are also taken into consideration to determine the market segmentation.
As human-generated data has exponentially increased on many platforms, it has become impossible for the businesses to check or interact with that data manually, here the applications of NLP take charge.For example, if a business wants to check the reviews of their new product and make inferences from it, allotting people for reading the reviews and categorizing them will be inefficient, as there are lakhs of reviews.
These chatbots can be customized for a specific market like Kotak Mahindra Bank now uses Keya as its virtual assistant.How NLP works?Making sense of the syntax is one of the most critical things for applying NLP algorithms; some of the syntax analysis methods are:Lemmatization: It means reducing the various inflected forms of a word into a single form for a more straightforward analysis.Morphological segmentation: It involves dividing words into individual units called morphemes.Word segmentation: It consists of dividing a large piece of continuous text into distinct units.Part-of-speech tagging: It involves identifying the part of speech for every word.Parsing: It consists in undertaking a grammatical analysis for the provided sentence.Sentence breaking: It consists in placing sentence boundaries on a large piece of text.Stemming: It involves cutting the inflected words to their root form.Morphological segmentation: It consists of dividing words into individual units called morphemes.Word segmentation: It consists of dividing a large piece of continuous text into distinct units.Part-of-speech tagging: It involves identifying the part of speech for every word.Parsing: It involves undertaking a grammatical analysis for the provided sentence.Sentence breaking: It involves placing sentence boundaries on a large piece of text.Stemming: It involves cutting the inflected words to their root form.Open-source libraries for NLPThere are many NLP libraries on the internet, some of the most popular libraries are:NLTK: It is the most featured library; the most used combination is nltk(Natural Language Toolkit) and python.
This library is for production usage, written in the programming language Cython; it provides the fastest syntactic parser in the market.
Although the menu of this library is limited, there are fewer choices.TextBlob: This library is an extension of nltk.
This library is suitable for smaller projects.Saas Tools for NLPPeople want to generate insights from texts, but don’t want to delve deeper into the working, some of the tools for non-technical people are:Amazon Comprehend: Amazon Comprehend is a natural language processing software that uses machine learning to look for insights and relationships within a text.
Advertising companies analyze the digital footprints of a user to predict their potential audience interested in their products.NLP software helps increase the range of channels for ad placement.Healthcare is entering a new era with NLP applications, data mining integration in healthcare systems helps doctors make more well-informed decisions and improve diagnosis, and patient treatment.Chatbots are a prime example of automation tech.
At present Augmented Reality is the leading technology in a market that leverages business to keep a strong foothold among the competitor, if you are aiming to develop a product or service you must consider the top Augmented Reality app development company.
Currently, most of the big giants are providing AR/VR development that too innovative and out of the box.
Virtual Reality is not only limited to 360 views in the cardboard-made box and the gaming experience, it helps businesses to build strong marketing strategies and train their work-force with features like rich user interface and virtually real experience.
Therefore consider hiring the top Augmented & Virtual reality development company to disrupt every changing business market with its application.
AR/VR Development at Xceltec Creating AR/VR Application from the scratch requires deep analysis and in-depth knowledge, we deliver products that have real-world uses, educate staff and consumers, and evoke emotion.
Xceltec is one of the leading Augmented Reality development companies and Virtual reality development companies that build Virtual Reality app and AR game development for enterprises that operate in many industries.
Over 200 AR/VR companies have been acquired in the past two years, and there’s no sign of that slowing down anytime soon.
More advanced augmented reality tools are on the horizon, which means that AR-related apps and hardware will continue to rise in popularity and improve in quality throughout 2017 and into the next decade.
Keep reading to find out more!
1) Tool #1 - Marker-based Apps The most well-known and easy-to-use form of augmented reality is marker-based apps.
2) Tool #2 - Markerless Augmented Reality This form of AR doesn’t require you to stick anything on or in your customer’s environment.
Imagine being able to see restaurant reviews on your window without writing them on there with post-it notes.
According to one estimation, the AR market will be worth between $70bn and $75bn by 2023, while the VR is expected to be worth between $10bn and $15bn.
