Enterprise CIO: James Bourne – December 11, 2019

Scope AR, a San Francisco-based provider of enterprise-focused augmented reality (AR) software, has announced it is to acquire AR studio WakingApp.

WakingApp offers a proprietary AR platform which focuses on being of use to enterprises across industries. The company said it was ‘thrilled’ to join Scope AR and ‘become an integral part in the delivery of first-class AR solutions to enterprise organisations.’

Enterprises are becoming much better-acquainted with AR as recent industry moves have shown. In August Atheer, a provider of ‘augmented interactive reality’ computing, acquired digital work platform provider Flype. At the time, Atheer CEO Amar Dhaliwal said enterprises were demanding’ AR platforms with broad integration, security, and reporting capabilities.

According to a PTC report around industrial innovation in May, two in three industrial companies polled said they were accelerating augmented reality deployment to improve employee productivity.

Scott Montgomerie, CEO and co-founder of Scope AR, noted similar themes with this acquisition. “We’re extremely pleased with the growth we’ve seen to date of enterprises adopting AR,” he said in a statement. “With that growth comes more knowledge of what our customers need to successfully build AR into their business.

“The WakingApp team brings a great mix of AR development experience and creative thinking to Scope AR as we continue to evolve our WorkLink platform to meet our customers’ current and future needs,” added Montgomerie.

Scope AR had previously secured $9.7 million (£7.4m) in series A funding back in March.

Read full story here at Enterprise-cio.com