Scope AR Triples Revenue in 2017 as Enterprise AR Takes Off

May 19, 2018

Scope AR Triples Revenue in 2017 as Enterprise AR Takes Off

New executive hires and added support for RealWear’s AR wearable device point toward continued innovation and success in the year ahead

San Francisco, CA – May 10, 2018 –  Scope AR, the pioneer of enterprise-class augmented reality (AR) solutions, today announced a record-breaking year with revenues that nearly tripled and an employee headcount that nearly doubled in 2017.  In a year that also saw the addition of several executive hires, industry-first product milestones and the formation of strategic partnerships, the company has set the pace for continued expansion and success in 2018.

“The enterprise AR space is evolving quickly as businesses across all industries are beginning to realize the tremendous potential AR has to positively impact their bottom line,” said Scott Montgomerie, CEO and co-founder of Scope AR. “Our recent company and product growth are a reflection of the increasing priority AR is becoming within the enterprise, and we look forward to continuing our delivery of solutions that can not only be put to use immediately, but will evolve to support the preferred hardware and platforms of the future.”

Demand for Enterprise AR Drives Company New Hires

In response to its significant company growth, Scope AR recently named Francisco Narganes as Vice President of Global Sales, Neil Lamoureux as Vice President of Engineering and Jason Prosnitz as Vice President of Product. Mr. Narganes is a seasoned technology sales executive with over 18 years of experience in go-to-market development, product and services. He has been tasked with leading the global sales team and growing the company’s worldwide revenue and customer base. Mr. Lamoureux  brings several decades of management and engineering experience to his role, in which he will be responsible for overall product development and pushing the boundaries of what’s possible in the enterprise AR space. Mr. Prosnitz has a proven history of motivating teams and implementing effective product marketing strategies and will be responsible for ensuring the company’s entire product suite meets the evolving needs of global organizations.

Product Updates

Other recent company milestones include the development of industry-first product functionality and collaboration with other leaders in the space, including Microsoft, Google, Wikitude, and most recently, RealWear, to give enterprise companies the AR tools they need to more effectively conduct complex remote tasks, employee training, product and equipment assembly, maintenance and repair, field and customer support, and more.

Recent key product innovations and developments include:

  • Newly added support for RealWear’s HMT-1. With support for the AR wearable device, Remote AR users now have another hands-free option to choose from when needing to connect with an expert to walk through a repair procedure or troubleshoot a problem.

  • Support for ARCore, which brings real-time remote assistance to more than 100 million Android devices through use of the company’s Remote AR app.

  • The launch of Remote AR for Microsoft’s HoloLens, marking the first cross-platform live support video calling solution available for HoloLens.

  • Support for Apple’s ARKit, which enables any enterprise to implement the most advanced AR functionality within their workforce today using devices without AR-specific hardware.

  • The launch of WorkLink, Scope AR’s augmented reality content creation platform, on Microsoft’s HoloLens, giving users the ability to quickly and easily produce highly interactive mixed reality instruction and training content for deployment on HoloLens.

 

About Scope AR

Scope AR is the pioneer of enterprise-class augmented reality solutions, delivering AR tools for getting workers the knowledge they need, when they need it. The company is revolutionizing the way enterprises work and collaborate by offering AR tools that provide more effective and efficient knowledge sharing to conduct complex remote tasks, employee training, product and equipment assembly, maintenance and repair, field and customer support, and more. The company’s device agnostic technology supports smartphones, tablets and wearables, making it easy for leading organizations such as Boeing, Toyota, Lockheed Martin, Honeywell, Assa Abloy, GE and others to quickly scale their use of AR to any remote worker. The company was founded in 2011 and is based in San Francisco with offices in Edmonton, Canada.

For more information go to www.scopear.com.

 

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