WGAN Forum Podcast

WGAN-TV Forum Podcast covers Matterport (and related) digital twin creators and providers shaping the future of real estate today. Join us: www.WeGetAroundNetwork.com We help you connect the dots to succeed faster. (Nearly) every Thursday at 5 pm ET, WGAN-TV Podcast (video) airs live (www.WGAN-TV.com) and by the following Wednesday, the the WGAN-TV Podcast and WGAN Forum Podcast are available free on popular podcast apps and YouTube. We Get Around Network (www.WeGetAroundNetwork.com) Founder and Managing Editor Dan Smigrod interviews industry thought-leaders and content creators to provide insights and training. 200+ one hour, live interview podcasts since August 2016) on the WGAN-TV Podcast. Unlike the WGAN-TV Podcast (video), the WGAN Forum Podcast (audio only) includes text-to-speech media releases from Matterport and related companies. The We Get Around Network Forum (www.WGANForum.com) knowledge base includes 99,000 Matterport and related posts among 17,500 topics, as of December 2024. The WGAN Forum is read monthly by 14,000+ unique visitors and has 8,900 registered members in 147 countries. We help you connect the dots to succeed faster. Join the WGAN community and get connected to what matters. It is free to join the WGAN Forum (www.JoinWGAN.com) and instantly receive 50+ WGAN Membership benefits. Info for potential WGAN-TV Podcast guests: www.WGAN.INFO/guest | DanSmigrod@WeGetAroundNetwork.com

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Episodes

2 days ago

-- How can live data be added to Matterport digital twins for facilities management?-- How can IoT from various open standards be centralized and synchronized from various open standards?-- Why is a Matterport digital twin better than a traditional 2D dashboard of physical space for building automation control?Stay tuned ...On WGAN-TV Live at 5 (5 pm ET) Thursday, 16 May 2024, our topic is:SIM-ON by SIMLAB +NETxAutomation: A Next Level of Interoperability with Building Management System (BMS)Guests-- NETxAutomation Software GMBH Sales & Business Development Suvankar Das-- SIMLAB Product Owner/Project Manager (SIM-ON) Michał SzopaTopics✓ Enriching Matterport model with live data✓ New, intuitive Digital Twin interface with 2D dashboard option✓ Centralized synchronization of multiple vendors✓ Hardware interoperability for automation scenes: FIBARO, SmartThings, KNX IoTech, NETxAutomation✓ Integration with NETxAutomation Building Management System (BMS)✓ IoT connectivity via NETx Server✓ Building automation standards interoperability: KNX, OPC, BACnet, Modbus, SNMP✓ IoT multi-vendor connection possibilities for Matterport users by NETx Cloud Portal✓ Application of digital twin model with NETx in various types of buildings e.g commercial, hospitality, industrial etc.✓ Making life easy for the technical staff in buildings thanks to the hybrid visualisation model of digital twin and 2D graphics offered by Simlab and NETx✓ How to increase the acceptability of such solution among decision-makers – expos, demo centers, training etc.Backstory of SIMLAB and NETxAutomation PartnershipMerging SIMLAB software packages with NETxAutomation solutions brings the next-generation Building Management System (BMS). Leveraging NETx Cloud Portal interface, SIM-ON platform connects multi-protocol ecosystems with immersive Digital Twins.Using cutting-edge Matterport technology, SIM-ON transforms a traditional 2D dashboard into an interactive 3D model of physical space, creating a new experience of building automation control and facility management.NETxAutomation and SIMLAB have joined forces to integrate software packages and bring you the next-generation Building Management System (BMS).SIM-ON platform provides NETxAutomation system with innovative Matterport Digital Twin technology. NETx software gained spatial coverage based on a top-notch reality capture standard delivered by global leader Matterport.SIM-ON works on top of these realistic, navigable 360 spaces, transforming traditional 2D dashboards into interactive digital twins. Supporting all vendors integrated by NETx, creates a new experience of building automation control.Navigable, immersive 3D interface expands BMS essential function with alert notifications and facility management features, such as maintenance scheduling, communication tools, documentation storage, and more.All NETx system vendors controlled within one digital twin platform✓ Intuitive and user-friendly 3D interface✓ Secure and easy access to device data✓ Visual presentation of device activity and settings✓ Sensors alert notificationsAll Information Stored in One Data Container✓ Real mapping of devices in space✓ Collect all data about devices, equipment, and furnishing in one place✓ Adding photos, videos, and documents✓ Multiple categories for intuitive managementAll tasks and Issues Resolved With One Tool✓ Schedule and manage facility maintenance items✓ Real-time facility inspection in full 3D✓ Build your customized timeline activity graphs✓ Link to your favorite news and widgets✓ Report issues with task manager

Wednesday May 15, 2024

Matterport Unveils Reporting Tool to Showcase Carbon Reduction Achieved Using Digital TwinsSUNNYVALE, California, Wednesday, May 15, 2024 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR), announced the launch of avoided emissions reporting for select enterprise customers, measuring the emissions savings associated with the use of Matterport’s digital twin platform. Developed with independent carbon accounting experts, the reports enable enterprise customers to understand the impact of emissions avoided by collaborating remotely instead of traveling to inspect facilities onsite.There has been a growing expectation from corporations to operate climate-consciously. Organizations of all sizes are making ambitious commitments to reduce their carbon footprint (GHG emissions) by pledging alignment with the United Nations’ Sustainable Development Goals and setting science-based targets to limit global temperature rise to below 1.5 degrees Celsius.Matterport’s 3D digital twins are sustainability in action, providing tools to help businesses to reduce Scope 3 emissions for tasks that traditionally require travel to complete, such as tours, inspections, progress monitoring, change management, and more. The more 3D digital twins are incorporated into day-to-day operations, the greater impact they can drive towards an organization’s sustainability goals. For businesses with significant property portfolios and those that are globally dispersed, this life-like virtual collaboration also offers the ability to significantly reduce costs, while freeing up team members to work more productively remotely.“Enterprises increasingly need proof-of-value that their technology investments are both driving impact to the bottom line, and their overall carbon footprint,” said Qadira Harris, Senior Director of Global Responsibility at Matterport. “These new reporting capabilities quantify the sustainable impact of digital twins, empowering enterprises to streamline their property decisions with results they can stand behind.”A Fortune 100 Matterport customer said, “As a product owner, I want to provide users with sustainability benefits of my digital twin solutions. The avoided emissions report is informative with a concise format that contextualizes our aggregated impact.”Emissions avoided are calculated based on the reduction in business travel enabled by digital twins, taking into account factors such as the number of digital spaces created, geographic location, and site visits. Customer reports are tailored to their primary use cases—like property marketing, insurance, design and construction, or facilities management. These considerations are then balanced against the estimated emissions from creating and hosting each digital twin to determine the total emissions avoided.Matterport avoided emissions reports, currently available to select enterprise customers, to allow for a comprehensive assessment of sustainability gains. These reports will be broadly released later this year, with customer feedback informing further enhancements and scalability.To learn more about Matterport’s sustainability commitments at: www.matterport.com/esgAbout MatterportMatterport, Inc. (Nasdaq: MTTR) is leading the digital transformation of the built world. Our groundbreaking digital twin platform turns buildings into data to make every space more valuable and accessible. Millions of buildings in more than 177 countries have been transformed into immersive Matterport digital twins to improve every part of the building lifecycle from planning, construction, and operations to documentation, appraisal and marketing. Learn more: www.Matterport.com©2024 Matterport, Inc. All rights reserved. Matterport is a registered trademark and the Matterport logo is a trademark of Matterport, Inc. All other marks are the property of their respective owners.---Source: Matterport via Globe Newswire

Saturday May 11, 2024

-- How do you turn an iGUIDE 3D virtual tour into a lead magnet for real estate agents?-- How can you help real estate agents get iGUIDE 3D virtual tour real-time leads via SMS or email?-- How can you give an automatic response to the lead with more info about the real estate listing?Stay tuned ...On WGAN-TV Live at 5 (5 pm ET) Thursday, 9 May 2024 our topic is:WGAN-TV | How to Turn an iGUIDE 3D Virtual Tour into a Real-Time 24/7 Lead Capture Machine for Real Estate Agents via SMS or EmailMy guests are:-- Planitar Inc. (iGUIDE) Product Marketing Manager Chris White @Chris_iGuide-- Planitar Inc. (iGUIDE ) Senior Marketing Manager Charlene Hancock @Charlene_iGUIDEiGUIDE Lead Magnet is an interactive pop-up element that appears in the iGUIDE Viewer as potential buyers explore real estate listings. The feature allows buyers to request more details by providing their contact information in exchange for receiving access to additional visuals via an email or SMS from the listing agent. The agent now can engage with the qualified lead as they choose.Chris and Charlene will demo and discuss the free iGUIDE Lead Magnet feature, including:1. Demo: Homebuyer experience2. Features for Homebuyer3. Benefits for Homebuyer4. Demo: Real Estate Agent experience5. Features for Real Estate Agent6. Benefits for Real Estate Agent7. Demo: Real Estate Photographer experience (back-end)8. Features for Real Estate Photographer9. Benefits for Real Estate PhotographerAbout Planitar:Founded in 2013 in Kitchener, Ontario, Canada, Planitar Inc. is the maker of iGUIDE, a proprietary camera and software platform for capturing and delivering immersive 3D virtual tours and extensive property data. iGUIDE is the most efficient system to map interior spaces and features accurate floor plans, measurements and reliable property square footage. By integrating floor plans and visual data, iGUIDE provides an intuitive and practical way to navigate and explore built environments digitally. For more, visit: goiguide.com
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iGUIDE Website: www.GoiGUIDE.com | Schedule a Video Chat with an iGUIDE SpecialistiGUIDE Lead Magnet: Landing PageiGUIDE Lead Magnet: Media ReleaseiGUIDE PLANIX Camera Kit: Buy NowWGAN-TV Podcast shows: iGUIDEWGAN Forum posts tagged: iGUIDE

Tuesday May 07, 2024

Matterport Announces First Quarter 2024 Financial Results1. Annualized Recurring Revenue hits record $96 million, up 21% year-over-year2. Net loss improved 33% year-over-year; Non-GAAP net loss improved 80% year-over-year3. Cash used in operating activities improved 81% year-over-year4. Net Dollar Expansion rate of 107%5. Total subscribers reach 1.0 million, up 30% year-over-year6. Square feet under management reached 40.7 billion, up 35% from prior yearSUNNYVALE, Calif., May 06, 2024 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR) (“Matterport” or the “Company”), the leading spatial data company driving the digital transformation of the built world, today announced financial results for the quarter ended March 31, 2024.“I'm pleased to announce our first quarter 2024 results, which reflect our continued success in driving efficient growth for the company,” said RJ Pittman, Chairman and Chief Executive Officer of Matterport. “Subscription revenue grew 21%, hitting a record $24 million for the period, and now represents more than 60% of our total revenue - emphasizing our focus to elevate the SaaS mix within our business,” Pittman added. “More recently, we announced that we entered into a definitive agreement to be acquired by CoStar Group. We are thrilled to join forces with CoStar, a long-standing customer and partner with a shared vision for transforming global real estate through technology and digitization. This transaction is another significant milestone that acknowledges the groundbreaking work Matterport has accomplished in 3D digital twin technology and AI-driven property intelligence. With CoStar Group's expansive reach and scale in property research and analytics and our joint commitment to innovation, we believe that this powerful combination will transform how properties are marketed, sold, and managed worldwide. Importantly, it offers Matterport's stockholders the opportunity to participate in the value creation and future growth prospects of our combined efforts.”“Our first quarter results represent an excellent start to 2024. Subscription revenue growth, gross margin expansion, and continued operating expense discipline drove our non-GAAP loss per share to $0.01, which is an 86% year-on-year improvement. These results again demonstrate our commitment to profitability and the progress we’ve made toward achieving positive cash flow as we continue to drive adoption of Matterport digital twins,” said JD Fay, Chief Financial Officer of Matterport.First Quarter 2024 Financial Highlights1. Total subscribers reached 1.0 million, up 30% year-over-year2. Square feet under management hit 40.7 billion, up 35% year-over-year3. Spaces under management reached 12.3 million, up 24% year-over-year4. Subscription revenue of $24.0 million, up 21% year-over-year5. Annualized Recurring Revenue (ARR) was $96.0 million6. Total revenue of $39.9 million7. Net loss of $0.12 per share, a 33% improvement year-over-year8. Non-GAAP net loss of $0.01 per share, an 86% improvement year-over-year9. Cash used in operating activities was $3.8 million, an 81% improvement year-over-year10. Net dollar expansion rate was 107%11. Cash and investments of $419 million with no debt
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Matterport media release continues in the We Get Around Network Forum:
https://www.wegetaroundnetwork.com/topic/19810/page/1/matterport-first-quarter-2024-financial-results/

Monday May 06, 2024

Urbanimmersive launches its print media editor solution UiPrint for Real Estate Photographers and Real Estate Agents
SAINT-HUBERT, Quebec, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Urbanimmersive Inc. (“Urbanimmersive,” “the Company,” or “UI”) (TSX VENTURE: UI) (OTCQB: UBMRF), a leading provider of 3D digital twin solutions for real estate marketing, is pleased to announce having launched its print media editor solution UiPrint, after months of development, which will allow Urbanimmersive to offer an extensive, user-friendly, rapid and fully customizable online print design solution for real estate agents.
This new promising solution is an embodiment of the synergies created by the integration of the print operations of HomeVisit for their state-of-the-art printing facilities in Chantilly, VA, acquired in late 2022. This solution would allow to scale the printing service department at minimal additional cost while deploying the new solution in the Company’ other brands across North America.
UiPrint offers to design your flyer, brochure, or mailer with a one-stop shop solution including professional templates with a library of eye-catching designs with customizable fonts, colors, and images to market property listings, seamlessly sync of listing photos and floor plans and access to multiple libraries of high-quality images which should allow to elevate real estate marketing.
" We believe UiPrint should drive our sales up while retaining and attracting new agents and allow us to stand out again from the crowd by offering a unique and comprehensive set of print marketing solutions. With the sharp price increase in online marketing in recent years, print marketing is today a cost-effective tangible marketing solution that delivers high conversion rate," stated Simon Bedard, Interim Chief Executive Officer and Chief Financial Officer at Urbanimmersive.
TSX Venture Exchange has not reviewed this press release and has neither approved nor disapproved the contents of this press release.
About Urbanimmersive
Urbanimmersive develops and commercializes real estate photography technologies and services focused on redefining industry visual content standards. The Company all-in-one platform enables high-volume photography businesses to increase operational productivity delivering feature-rich 3D tours and floor plans, leading-edge property websites and high-resolution AI-indexed images. The Company operating segments include software (SaaS), 3D photography equipment and, in a growing number of North American cities, technology-powered real estate photography service business units leading the industry photo-shoots standards transformation. Learn more at: www.urbanimmersive.com 

Sunday May 05, 2024

[Part 1: https://wgan.info/MetrarealOnWGAN]
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Would you like to see a back-end demo of Metareal Stage V2.0, including:– how to create a before and after slider within the tour?– how to add drone 360 panoramas?– how to create a virtual tour of a space that has not yet been built?Stay tuned ...On WGAN-TV Live at 5 (5 pm ET) on Thursday, 2 May 2024, my guest Metareal Inc. Co-Founder and CEO Gareth Morgan. (@gareth)WGAN-TV Part 2 | Deep-Dive Demo of Metareal Stage V2.0 for Creating 3D Digital TwinsGareth will show and tell us about the back-end of Metareal Stage V2.0.What questions should I ask Gareth during the show?Best,DanP.S. ....In Part 1 of WGAN-TV Live at 5 (5 pm ET) on Thursday, 25 April 2024 ...[i]Are you seeking a 3D Digital Twin platform that:1. saves you thousands of dollars annually?2. requires up to three times less time on site?3. always includes floor plans?4. includes aerial (drone) 360 panorama support?5. can be shot with any 360 camera (or DSLR with a fish-eye lens)6. has Revit, CAD and BIM integrations for AEC7. enables easy before and after comparisons (Variants)?8. includes deep building insights documentation?9. makes sure your content is yours?10. includes an option for DIY 3D Digital Twin 360 panorama linking to save you $$$?Stay tuned ...On WGAN-TV Live at 5 (5 pm ET) on Thursday, 25 April 2024, my guest Metareal Inc. Co-Founder and CEO Gareth Morgan.WGAN-TV Topic: Features and Benefits of Metareal Stage V2.0 for Creating 3D Digital TwinsGareth will show and tell the features and benefits of Metareal Stage 3D Digital Twin platform. Gareth will also include a demo of the front-end: what the user sees.

Thursday May 02, 2024

New iGUIDE Lead Magnet Generates Real-Time Leads for Real Estate ProfessionalsThe exclusive product feature lets buyers viewing iGUIDE’s 3D Virtual Tours request additional property details providing agents with instant leads.WATERLOO, Ontario, Tusday, April 30, 2024 – Planitar Inc., makers of iGUIDE, a proprietary camera and software platform for capturing and delivering 3D virtual tours and property data, today introduced iGUIDE Lead Magnet—an exclusive product feature designed to help real estate agents capture leads and get market feedback in real-time as prospective buyers view iGUIDE 3D Virtual Tour property listings.iGUIDE Lead Magnet is an interactive pop-up element that appears in the iGUIDE Viewer as potential buyers explore real estate listings. The feature allows buyers to request more details by providing their contact information in exchange for receiving access to additional visuals via an email or SMS from the listing agent. The agent now can engage with the qualified lead as they choose."This new product feature is about forging relationships in real estate,” said Alexander Likholyot, the CEO and co-founder of Planitar Inc. “Even after Covid-19, industrywide adoption of 3D tours in real estate has barely crossed into double digits, as listing agents haven’t been able to capture feedback about a property or start a conversation with potential buyers within a 3D tour.The new iGUIDE Lead Magnet solves both problems by letting buyers share their contact information to get access to additional property visuals delivered in the detailed version of iGUIDE 3D Virtual Tour while encouraging buyers to ask questions and provide feedback about the listing. This exchange gives agents a way to contact and engage with qualified, interested buyers and connect with potential future listing prospects.”In addition to generating real-time leads 24/7, iGUIDE Lead Magnet empowers buyers to provide valuable feedback directly on the virtual listings, offering agents insights they can share with sellers. Real estate professionals have the flexibility to streamline their communication process by automatically responding to leads via email or SMS, saving time while still delivering personalized responses tailored to each potential buyer's inquiries.Here’s how it works:1. A pop-up form appears in the iGUIDE Viewer after a prospective buyer explores the listing.2. A prospective buyer can elect to provide their contact information for access to additional property visuals delivered via the detailed iGUIDE 3D Virtual Tour.3. The listing agent receives an alert, either by text or email, with the prospective buyer’s contact information. If configured, an automatic email is sent at the same time to the prospective buyer with the detailed iGUIDE 3D Virtual Tour link.4. The agent can choose to send an automatic or custom response, providing the buyer with the detailed iGUIDE 3D Virtual Tour and engaging them into a conversation or arranging for a Virtual Showing if a curated agent-guided iGUIDE experience is desired.Key features and benefits of iGUIDE Lead Magnet include:1. Buyer lead data is sent in real-time via email notification or SMS.2. Prospective buyers are encouraged to provide valuable feedback that the listing agent can share with the sellers.3. Minimal effort is required by an agent to set up and maintain while retaining control over listing visuals, as well as client communications.4. iGUIDE Lead Magnet takes advantage of the unique way iGUIDE 3D Virtual Tours can hide and show visuals and/or rooms creating two unique iGUIDE versions.5. There is no additional cost above the iGUIDE 3D Virtual Tour.The exclusive, new product feature is available on all iGUIDE 3D Virtual Tours (Instant, Standard & Premium).6. For more information, visit: goiguide.com/get-iguide/iguide/lead-magnetAbout Planitar:Founded in 2013 in Kitchener, Ontario, Canada, Planitar Inc. is the maker of iGUIDE, a proprietary camera and software platform for capturing and delivering immersive 3D virtual tours and extensive property data. iGUIDE is the most efficient system to map interior spaces and features accurate floor plans, measurements and reliable property square footage. By integrating floor plans and visual data, iGUIDE provides a

Thursday May 02, 2024

BMO Accelerates Branch Transformation at More Than 500 Locations Nationwide Using Matterport Digital TwinsBMO, North America’s eighth largest bank by assets, drives sustainability and efficiencies on branch rebranding and design management using Matterport’s digital twin platformSUNNYVALE, Calif., May 02, 2024 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR) announced that BMO (NYSE: BMO), the eighth largest bank in North America by assets, has leveraged Matterport’s digital twin platform to streamline site visits across its physical footprint for multiple areas of the bank.BMO provides a broad range of personal and commercial banking, wealth management, global markets, and investment banking products and services to 13 million customers. In December 2021, BMO announced its plans to acquire Bank of the West (BOTW). Part of that process included transforming 503 BOTW retail branches to BMO, each of which required rebranding and technology updates.With a need to review each of the locations to create plans for rebranding and other work, BMO utilized Matterport’s Capture Services, the company’s global network of expert capture technicians, to swiftly generate 3D digital twins of each space, including accurate floor plans. In three months, BMO digitally captured all 503 BOTW branches, saving costs for travel and site visits, and approximately 6,000 hours of equivalent survey work.Previously, the team responsible for this type of work relied on multiple on-site visits to each location to scope the design and technology updates required to bring the interior of the branch to comply with BMO brand standards. Critical documentation like floor plans was often missing from record drawings, creating an early design hurdle.BMO also leveraged Matterport’s exportable schematic floor plans to create a full complement of assets in a fraction of time, further reducing site visits.“BMO’s Digital First model is critical to how we do business. That’s why engaging Matterport was so important for this work. It enabled us to create digital twins that not only significantly reduced branch disruptions but also saved time and money,” said Lisa Near, BOTW Program Manager, North American Physical Channels, BMO.“Our work with BMO is a great demonstration of the scale and precision our customers can expect from Matterport,” said Jay Remley, Chief Revenue Officer, Matterport. “Our global network of capture professionals enables organizations just about anywhere in the world to manage the transition and operations of property acquisitions more seamlessly, helping brands like BMO get up and running faster, with a fraction of the time and resources.”Since the BOTW project, the platform has seen widespread demand across multiple departments in BMO. As BMO takes on over 50 projects each year across the US, the bank expects to continue reducing branch visits while saving significant time, money, and carbon emissions with Matterport’s end-to-end solutions.Matterport is leading the digitization of the built world, helping customers better access, understand and utilize properties through its next-generation 3D digital twin. Learn more about Matterport’s case study with BMO, as well as the company’s solutions for Property Marketing, Facilities Management and Design and Construction Management at: www.matterport.comAbout MatterportMatterport, Inc. (Nasdaq: MTTR) is leading the digital transformation of the built world. Our groundbreaking digital twin platform turns buildings into data to make every space more valuable and accessible. Millions of buildings in more than 177 countries have been transformed into immersive Matterport digital twins to improve every part of the building lifecycle from planning, construction, and operations to documentation, appraisal and marketing. Learn more at: www.matterport.com©2024 Matterport, Inc. All rights reserved. Matterport is a registered trademark and the Matterport logo is a trademark of Matterport, Inc. All other marks are the property of their respective owners.Source: Matterport via Globe Newswire

Wednesday May 01, 2024

Why CoStar planned acquisition of Matterport is Good News for CompetitorsCommentary and Analysis byDan SmigrodFounder and Managing EditorWe Get Around Network | WGAN-TVCoStar’s planned acquisition of Matterport this year is great news for all 3D/360 digital twin/virtual Tour platforms and software. (And, by extension, real estate photographers that offer virtual tours.)This may seem counterintuitive. CoStar Founder and CEO Andy Florance said during the CoStar earnings call Tuesday (23 April 2024) that he intends to make Matterport ubiquitous among all CoStar marketplace brands including: CoStar, LoopNet, Apartments.com, Homes.com and Ten-X.So, if Matterport becomes ubiquitous among all CoStar brands, how does this help competitors?The ways Matterport becoming ubiquitous, is key to understanding why Matterport competitors will also succeed faster too.For example:1. CoStar Competitors Will Not Advertise CoStar: In its 10+ years, Matterport has always required its logo in each tour. While CoStar should offer a white-label version of Matterport (no Matterport branding) to show competitors that it welcomes their use of Matterport, it is more likely that the Matterport branding will morph into “Matterport - a CoStar Company” … That’s what big companies do. Google “box of Oreo cookies” to see examples of what’s likely coming soon to Matterport digital twins.If that happens, CoStar competitors will likely block Matterport digital twins from being used on their marketplace and encourage the use of all other 3D/360 digital twin platforms.Can you imagine Zillow allowing CoStar branding on its platform? Even if it did, Zillow likely would “move-up” other listings in Zillow search. Zillow already does this with its Zillow 3D Home tours.2. More Free Matterport Digital Twin Captures: CoStar will likely include more Matterport digital twins captured for free in their top tier agent/broker marketing packages – if not all packages.For example, presently, Apartments.com, a CoStar company, includes Matterport digital twin capture in 3 of 4 of the Apartments.com ad packages. (LoopNet has similar style agent/broker advertising packages.)CoStar will likely add more Matterport capture services because it can make more money from agents and brokers buying its ad packages than selling Matterport digital twins as a standalone product to its various CoStar marketplace brands’ clients. (That’s Phase 1).CoStar can make more money by increasing the number of listing views and the time spent viewing a listing. Integrating Matterport Capture Services and VHT Studios (a Subsidiary of Matterport) Digital Pro package into all CoStar brands’ marketing packages will take time. That’s Phase 2.“We intend to make a much greater commitment to capturing 3D digital twins,” said Florance during the CoStar first quarter 2024 earnings call.Additionally, CoStar likely has hundreds of employees – not independent contractors – that do Matterport scanning (and other digital property marketing listing services).CoStar competitors will need to offer a similar 3D/360 digital twin option. It’s likely they will seek out other 3D/360 platforms to either buy or develop a co-marketing strategy. For example, Zillow’s ShowingTime+ Listing Showcase offers a Zillow 3D Home tour in its packages.According to a marketing video on the ShowingTime+ website:“Listing Showcase can flex with your business needs like per-listing purchase options and the choice to use your own photographer or book one through ShowingTime+ Listing Media Services for a turnkey media experience. Your AI powered Showcase listing will feature high res photography, room-by-room organization, a virtual tour and an interactive floor plan that connects the photography to the location in the home.”In December 2022, Zillow acquired VRX Media to create a national photographer network, elevating listing media through ShowingTime+ brand. In August 2023, Zillow acquired Aryeo for its network of real estate photographers, robust digital marketing services and content management platform.3. Super Bowl 2025: The CoStar vision is to “establish Homes.com as the #1 residential real estate marketplace,” according to a slide in the CoStar First Quarter 2024 Investor Presentation (Page 24). CoStar will aggressively advertise Matterport + Homes.com to take on Zillow: the leader in the space.A quick review of a graph titled “Portal Traffic Wars Average Monthly Unique Users” dated February 29, 2024 by industry thought-leader Mike Delprete shows the CoStar challenge.Zillow has three times the number of monthly unique users.I anticipate 2025 Super Bowl ads (as I discussed in a We Get Around Network Forum post) as just one of the consumer marketing tactics.While I do not believe CoStar would box-out competitors from using Matterport, it’s more likely that competitors will not want to wait to find out. Perception equals reality. CoStar competitors will need to offer a similar 3D/360 digital twin option and seek out other 3D/360 platforms to either buy or develop a co-marketing strategy.4. CoStar Guarantee: While I provided examples of CoStar including Matterport tour capture services in its top tier agent packages (Apartments.com ad packages and LoopNet ad packages for examples), I could imagine CoStar offering this guarantee:“CoStar Guarantees more referrals and more time spent on your listings when you include a Matterport digital twin.”CoStar could make this claim because as CoStar revealed during its earnings call, CoStar research shows:In March of this year, there were over 7.4 million views of Matterport 3D tours on Apartments.com. Visitors who interact with the Matterport on Apartments.com spend 16.6 minutes on the site, which is 134% more than the 7.1 minutes time on site if they do not interact with a Matterport.Properties with a Matterport generated 74 leads, which is 10x the seven leads generated for property without Matterport.According to Florance:“We intend to add Matterport as one of the benefits of Homes.com membership. We believe adding 3D digital twins for Homes.com members will increase the leads we deliver, increased customer satisfaction, increased renewal rates, increased sales and increased site traffic further.”5. Matterport and Photos Become Table Stakes: In the same earnings call, Florance also said he will make the inclusion of Matterport table stakes for all its marketplaces: just as photos are table stakes now.While that still may be many years away, CoStar competitors will need to offer a similar 3D/360 digital twin option and seek out other 3D/360 platforms to either buy or develop a co-marketing strategy so that they are not left behind: particularly if usage of Matterport digital twins growth rate is exponential rather than linear.Florance said:“I believe we're standing on the verge of a potential exponential acceleration in the technology surrounding 3D digital twins, which will create transformative value for real estate.”6. Technology Roadmap to Favor CoStar: “CoStar Group was one of the first adapters of Matterport's technology and currently has almost 300,000 Matterport digital twins available in the CoStar information product and online property marketplaces," said Florance during the earnings call. "We intend to go all in on 3D digital twins adding more digital twins to Apartments.com, LoopNet, Homes.com, CoStar, Land.com, BizBuySell, Real Estate Manager, STR, Belbex on the market and others.’Florance also said, “We see the acquisition is giving us increased ability to influence the product roadmap for Matterport to best serve our clients needs."If CoStar competitors are to keep-up with CoStar, they too will need to speedup the technology roadmap to stay competitive. This means CoStar competitors will also need to become major clients of Matterport competitors or buy a Matterport competitor.7. Matterport Matterpeeps: CoStar plans to add more Matterport sales and marketing people. Those on the receiving end of those pitches will research Matterport competitors.8. Artificial Intelligence (AI) Meets Spatial Data: AI applied to spatial data and capture automation (think robots and drones) will further accelerate the adoption curve of digital twins/virtual tours by driving capture costs down.Matterport calls its AI powered offering Property Intelligence that it has started rolling out this year. Matterport competitors have also announced AI applied to their digital twins. CoStar competitors that need to offer a similar AI option will seek out other digital twin platforms that offer this capability to either buy or develop a co-marketing strategy.A Rising Tide Lifts All BoatsThe CoStar planned acquisition of Matterport by the end of 2024 is likely a rising tide event that lifts all 3D/360 virtual tour/digital twin boats.At one time, I thought of Matterport as the 800 pound gorilla in the digital twins for residential real estate space. Soon there will be a new, much bigger gorilla.Matterport competitors should be elated that Matterport is being acquired by CoStar — a company that did 16 times gross revenue ($2.46 billion) versus Matterport’s gross revenue ($157.7 million) in 2023.CoStar will expand the market for digital twins/virtual tours: not kill Matterport competitors.As a result of CoStar gorilla-size advertising, I could imagine home sellers selecting a real estate agent that includes virtual tours to help get more offers sooner for more money with the least amount of stress.Agents will (finally) get it that they can win more and bigger premium listings by offering virtual tours in their listing marketing plan. (And, home sellers will be smart enough to say to a potential real estate agent that a slideshow is not a virtual tour.)I would not be surprised to see at least one Matterport competitor running a marquee banner ad in the We Get Around Network Forum with headlines such as:-- Does your company compete with CoStar?-- Are you seeking an Alternative to Matterport?-- Partner With a Matterport Competitor!What are your thoughts? Should Matterport competitors be concerned or elated (and why) about CoStar’s planned acquisition of Matterport this year?Are you a real estate photographer?Google:What CoStar's Acquisition of Matterport Means for Real Estate Photographers.You’ll find my commentary and analysis on that topic.

Monday Apr 29, 2024

Planitar and Seek Now announce extension of partnership with new Seeker 360 programWATERLOO, Ontario, Tuesday, April 16, 2024 – Planitar and Seek Now are pleased to announce an extension of their partnership with new Seeker 360 program, which brings the iGUIDE camera system to the Seek Now network of companies that spans across the insurance, real estate and facilities management industries in every major market across the continental U.S.The partnership between iGUIDE, an industry leader in digital twins and floor plans for commercial real estate and facility management, and Seek Now, Inc., the nation’s leading provider of on-demand, ground truth insurance inspections and real estate data capture, allows facility managers to document building information quickly, easily and securely.“Seek Now’s working relationship with Planitar has been nothing short of what our team would consider an ideal partnership,” said Jason Simpson, Seek Now’s SVP of Real Estate Solutions. “Our respective technologies couldn’t be a better-combined fit. How we’ve custom-developed our products and services has created a niche fit that provides a superior one-stop solution for facilities looking for robust, collaborative digital twins with accurate data throughout.”The iGUIDE camera system combines the powerful technology of a 360° digital camera with lidar technology, taking thousands of measurements instantly with each scan. The result is a 3D virtual walkthrough that allows precise digital measurements and documentation of assets that can be reviewed from anywhere.Seek Now has recently launched Seeker 360, using the iGUIDE camera system. Seek Now has iGUIDE devices on-hand and available to be deployed across their Seeker 360 program.“We’re excited to be a part of Seek Now’s Seeker 360 program,” said Michael Vervena, VP of Sales & Business Development at Planitar. “This partnership provides facility managers with the fastest and most efficient solution to access and accurately generate comprehensive building data. iGUIDE devices will be available to Seek Now’s partner of companies in 48 state and more than 200 metros/cities, further accelerating our market penetration in the U.S.”Seek Now’s on-demand coast-to-coast real estate capture services can also use iGUIDE technology to create up-to-date floor plans, tag and document assets, and create digital twins of a facility.For more information on iGUIDE Facility Management solutions, visit goiguide.com/facility-management. For more information on Seek Now’s Seeker 360, visit: seek-now.com/seeker-360-technologyTo learn more about iGUIDE and its services, visit: www.goiguide.comAbout Planitar:Founded in 2013 in Kitchener, Ontario, Canada, Planitar Inc. is the maker of iGUIDE, a proprietary camera and software platform for capturing and delivering immersive 3D virtual tours and extensive property data. iGUIDE is the most efficient system to map interior spaces and features accurate floor plans, measurements and reliable property square footage. By integrating floor plans and visual data, iGUIDE provides an intuitive and practical way to navigate and explore built environments digitally. For more, visit goiguide.com.About Seek Now:Seek Now is reimagining how information is captured and transmitted in industries from insurance to real estate. Since 2012, the company has accelerated the development and implementation of technology to provide faster — and better — information than ever before. By embracing technological advancements, including augmented reality, 4D, and AI, Seek Now will diversify and open new service lines among multiple industries. To learn more, visit Seek-Now.com.

Saturday Apr 27, 2024

Are you seeking a 3D Digital Twin platform that:1. saves you thousands of dollars annually?2. requires up to three times less time on site?3. always includes floor plans?4. includes aerial (drone) 360 panorama support?5. can be shot with any 360 camera (or DSLR with a fish-eye lens)6. has Revit, CAD and BIM integrations for AEC7. enables easy before and after comparisons (Variants)?8. includes deep building insights documentation?9. your content is yours?10. includes an option for DIY 3D Digital Twin 360 panorama linking to save you $$$?Stay tuned ...On WGAN-TV Live at 5 (5 pm ET) on Thursday, 25 April 2024, my guest Metareal Inc. Co-Founder and CEO Gareth Morgan.WGAN-TV Topic: Features and Benefits of Metareal Stage V2.0 for Creating 3D Digital TwinsGareth will show and tell the features and benefits of Metareal Stage 3D Digital Twin platform. Gareth will also include a demo of the front-end: what the user sees.

Tuesday Apr 23, 2024

How CoStar Acquiring Matterport Affects Real Estate Photographers that Offer MatterportCommentary and analysis by:Dan SmigrodFounder and Managing EditorWe Get Around Network and WGAN-TVAtlanta, GeorgiaIf you are like most of the 18,000+ monthly readers of the We Get Around Network Forum — a real estate photographer that offers Matterport to help sell, lease or rent residential and commercial real estate — you are likely wondering if the news Monday (April 22, 2024) that Matterport has entered into a definitive agreement to be acquired by CoStar Group is good news for you.Congratulations. You won the lottery.For real estate photographers that offer Matterport, the symbiotic relationship - like bees and flowers - of Matterport and CoStar will result in:1. Increased demand for Matterport digital twins from CoStar clients not presently using Matterport2. Increased demand for Matterport digital twins from CoStar clients using Matterport3. Increase demand for Matterport digital twins from non-CoStar clients4. Higher Add On prices for Matterport digital twins as we know them today5. leverage Matterport’s spatial data6. More demand for professional images, video and aerial services7. More demand for related digital marketing services such as 3D/360/2D virtual staging8. More Matterport Partners offering integrations for residential and commercial real estate9. Matterport seamless integrations among Matterport, CoStar brands and enterprise clientsCoStar excels at creating, acquiring and growing property marketplaces for selling, leasing, renting and managing residential and commercial real estate. And, as a result of being a very big client of Matterport for nearly 10 years — CoStar’s research shows that its marketplace listings with Matterport digital twins increases time spent viewing listings.That likely translates to:1. Sellers using Matterport virtual tours get more offers, sooner resulting in more money2. Real Estate agents and brokers win more and bigger premium listings3. Buyers, lessors and renters have more confidence making decisionsWe Get Around Network Forum readers likely have used these talking points for years to help sell Matterport as an Add On for marketing and managing properties.According to the CoStar media release on Monday, “CoStar Group operates some of the most effective and widely recognized real estate information solutions and online property marketplaces in the world including Apartments.com, LoopNet, CoStar, and Homes.com, all of which feature Matterport’s 3D virtual tours. CoStar Group was one of the first adopters of Matterport’s technology, and currently has almost 300,000 Matterport digital twins available in the CoStar information product and online property marketplaces. Advertisers on CoStar Group marketplaces clearly recognize the value of Matterport virtual tours. In March 2024, there were over 7.4 million views of Matterport 3D Tours on Apartments.com, with consumers spending 20% more time viewing an apartment listing when Matterports were available. CoStar Group intends to utilize Matterports in a similar fashion on Homes.com to further enhance the most comprehensive agent, seller and buyer friendly residential portal on the market.”CoStar — a company that did 16 times gross revenue ($2.46 billion) versus Matterport’s gross revenue ($157.7 million) in 2023 — has the scale to aggressively market Matterport digital twins.Costar will likely, aggressively:1. feature Matterport — and Matterport AI powered features — in all its marketplace listings2. offer Matterport as an Add On3. Include in its marketing bundles, Matterport’s Capture Services or the all-in-one offering from its VHT Studios subsidiary4. Advertise in the 2025 Super Bowl its Homes.com and Apartments.com marketplaces highlighting listings with Matterport digital twins.5. Sell Matterport to its enterprise clients leverage the Matterport SDK for seamless integrations6. Consider a pricing model such as free Matterport digital twin with your [CoStar platform] listing. (The photographer still gets paid.) For clarification, think about how razor blade companies make money on selling blades and photocopier companies making money selling toner or ink cartridges.7. Seek innovative ways to add value to Matterport clientsWhile Matterport pumped the brakes in the last 12 months — laying off 30 percent of its workforce to achieve profitability in 2024 —CoStar will remove the brakes and step on the Matterport gas pedal.For example, CoStar will increase Matterport hiring for:1. Research and Development2. AI and Machine Learning3. Property Intelligence product development4. Autonomous capture (drones, robots)5. SDK integrations among CoStar clients using CoStar brands (marketplaces) with Matterport6. Marketing and Sales7. Matterport SDK Partner Program (Please see my related We Get Around Network Forum topic: How Matterport Can Succeed Faster with a $25 Million Fund for SDK Partners)According to CoStar Founder and CEO Andy Florance – as quoted in the CoStar media release Monday – “CoStar Group intends to support and invest in research and development opportunities to further develop Matterport’s spatial technology, including the application of AI and machine learning to extract information from the 3D spatial data library as well as using generative artificial intelligence to imagine and reimagine physical spaces.”While I had predicted that Hexagon (Will Matterport be Acquired by Hexagon?) or Google (Why Google Will Acquire Matterport?) would likely acquire Matterport, my initial impression is that Matterport being acquired by CoStar for property marketing and intelligence is a great fit.During the Matterport 2023 Earnings Call, Matterport Chief Financial Officer JD Fay said, “residential real estate represented approximately 50% of subscription revenue in Q4.” I imagine that property marketing for commercial real estate and travel and hospitality represent significant subscription revenue of the remaining 50 percent of subscription revenue.These verticals are also sweet spots among CoStar Group brands and for real estate photographers offering Matterport.Additionally, CoStar has — and likely will — continue to acquire marketplaces in other countries. Matterport operates globally and in multiple languages. So, the symbiotic relationship extends to these international marketplaces as well.While the We Get Around Network community has expressed both excitement and concerns about the pending acquisition, it’s clear to me that real estate photographers that offer Matterport to help sell, lease, rent and manage residential and commercial real estate are all winners.Among the comments: “You should all post on your local news feeds and Facebook profiles that the reason CoStar [plans to] acquired Matterport is because 3D tours really work,” said We Get Around Network Forum Member @GETMYVRFor real estate photographers that are using different 3D/360 platforms, the CoStar acquisition of Matterport will grow the market share of other hosting platforms too. I also anticipate that CoStar will enable other 3D and 360 hosting platforms to seamlessly publish to CoStar brands.Costar + Matterport = A rising tide lifts all boats. The more listings to sell, lease, rent or manage properties that include a Matterport digital twin, the more those selling, leasing, and renting will ask agents if they will include a Matterport virtual tour in their listing and the agent, broker or property manager will need to say yes to get the business.And, another digital twin hosting platform may check that box: either because the platform offers benefits that Matterport does not offer or their virtual tour is “good enough” for the agent to win listings..I am old enough to remember when MLS real estate listings were just text.Today, all listings include photos and some listings have digital twins. That gap will narrow with the help from CoStar: the soon-to-be new 800 pound gorilla in our digital twin space.Plus, if buyer agents disappear as a result of the recent NAR lawsuits, digital twins become that more important for digital property marketing.As a result of the CoStar definitive agreement to acquire Matterport — and the NAR lawsuits — table stakes for residential and commercial real estate listings may soon include photos and digital twins.That said, real estate photographers will need to be patient. It could take until the end of 2024 for the CoStar acquisition of Matterport to actually happen; and then potentially years to seamlessly integrate Matterport team and technology with the various CoStar brands.I can’t wait for the future to arrive. How about you?What are your thoughts about how the planned CoStar acquisition of Matterport will affect you?Please post your thoughts in the We Get Around Network Forum: www.WeGetAroundNetwork.com

Monday Apr 22, 2024

CoStar Group to Acquire Matterport, the Global Leader in Immersive 3D Digital Twins and Artificial Intelligence for the Real Estate Industry that makes Properties Intuitive and Interactive OnlineThe Transaction is Expected to Increase the Development and Deployment of Advanced AI and Digital Twin Technology Across All of CoStar Group’s Product LinesWASHINGTON, DC – April 22, 2024 - CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the property markets announced today that it has reached a definitive agreement to acquire all outstanding shares of Matterport in a cash and stock transaction valued at $5.50 per share reflecting an estimated $1.6 billion of enterprise value. Under the terms and subject to the conditions of the agreement, Matterport stockholders will receive $2.75 in cash and $2.75 in shares of CoStar Group common stock for each share of Matterport common stock.Founded in 2011, Matterport pioneered the development of the first 3D capture solution to deliver dimensionally accurate, photorealistic virtual tours or “digital twins” for any type of property. Matterport’s proprietary and patented technology enables anyone to digitize a property using a variety of camera technologies including cameras found on most smartphones. Matterport also produces a line of innovative 3D capture devices, including the company’s flagship LiDAR-based Pro3 camera which is capable of high-precision indoor and outdoor capture. At the center of the solution is Cortex, a powerful artificial intelligence software engine that automatically generates the 3D digital twin and virtual tour while providing property insights like detailed property dimensions, room layouts, and more.Matterport's 3D technology is utilized in nearly every sector of real estate, spanning residential, commercial, hospitality, retail, and industrial spaces, among others. Over the years, Matterport has curated what is considered the largest and most precise collection of spatial property data worldwide, with over 12 million spaces captured in 177 countries, and representing more than 38 billion square feet of digital property under management. Contributing to this growth, Matterport has established a global network of several thousand photographers, capture services technicians, and service partners producing hundreds of thousands of new 3D digital twins for properties each month.CoStar Group operates some of the most effective and widely recognized real estate information solutions and online property marketplaces in the world including Apartments.com, LoopNet, CoStar, and Homes.com, all of which feature Matterport’s 3D virtual tours. CoStar Group was one of the first adopters of Matterport’s technology, and currently has almost 300,000 Matterport digital twins available in the CoStar information product and online property marketplaces. Advertisers on CoStar Group marketplaces clearly recognize the value of Matterport virtual tours. In March 2024, there were over 7.4 million views of Matterport 3D Tours on Apartments.com, with consumers spending 20% more time viewing an apartment listing when Matterports were available. CoStar Group intends to utilize Matterports in a similar fashion on Homes.com to further enhance the most comprehensive agent, seller and buyer friendly residential portal on the market.“CoStar Group and Matterport have nearly identical mission statements of digitizing the world’s real estate. I look forward to welcoming Matterport to the CoStar Group family and believe that we will be stronger together, in pursuit of our common mission,” said Andy Florance, Founder and CEO of CoStar Group. “The world has changed and today a Matterport is the new open house or property tour. People now select their next home, apartment, office, store, hotel, or warehouse on their mobile device often without ever visiting the property. There is no better way to remotely experience space than via Matterport. CoStar Group intends to support and invest in research and development opportunities to further develop Matterport’s spatial technology, including the application of AI and machine learning to extract information from the 3D spatial data library as well as using generative artificial intelligence to imagine and reimagine physical spaces.”RJ Pittman, Chair and CEO of Matterport said, “We are thrilled to join forces with Costar Group, a long-standing customer and partner with a shared vision for transforming global real estate through technology and digitization. This transaction is another significant milestone that acknowledges the groundbreaking work Matterport has accomplished in 3D digital twin technology and AI-driven property intelligence. With CoStar Group's expansive reach and scale in property research and analytics and our joint commitment to innovation, we believe that this powerful combination will transform how properties are marketed, sold, and managed worldwide. Importantly, it offers Matterport's stockholders the opportunity to participate in the value creation and future growth prospects of our combined efforts.”The transaction, which is expected to be completed during the year, is subject to the approval of Matterport stockholders and the satisfaction of customary closing conditions, including applicable regulatory approvals. The transaction has been unanimously approved by the Matterport Board of Directors. Directors, Officers and certain other stockholders of Matterport, representing approximately 15% of Matterport’s fully diluted shares, have entered into voting agreements to support the transaction. The transaction is subject to a 10% symmetrical collar based on a CoStar Group share price of $86.02 as the midpoint.Matterport is headquartered in Sunnyvale, California and has approximately 440 employees. Revenue for the year ending December 31, 2023, was $158 million, representing growth of 16% on a year over year basis compared to 2022.CoStar Group plans to provide additional information about the Matterport acquisition during their earnings conference call at 5:00pm ET on April 23, 2024.ABOUT COSTAR GROUP, INC.CoStar Group (NASDAQ: CSGP) is a leading provider of online real estate marketplaces, information, and analytics in the property markets. Founded in 1987, CoStar Group conducts expansive, ongoing research to produce and maintain the largest and most comprehensive database of real estate information. CoStar is the global leader in commercial real estate information, analytics, and news, enabling clients to analyze, interpret and gain unmatched insight on property values, market conditions and availabilities. Apartments.com is the leading online marketplace for renters seeking great apartment homes, providing property managers and owners a proven platform for marketing their properties. LoopNet is the most heavily trafficked online commercial real estate marketplace with over twelve million monthly global unique visitors.STR provides premium data benchmarking, analytics, and marketplace insights for the global hospitality industry. Ten-X offers a leading platform for conducting commercial real estate online auctions and negotiated bids. Homes.com is the fastest growing online residential marketplace that connects agents, buyers, and sellers. OnTheMarket is a leading residential property portal in the United Kingdom. BureauxLocaux is one of the largest specialized property portals for buying and leasing commercial real estate in France. Business Immo is France’s leading commercial real estate news service.Thomas Daily is Germany’s largest online data pool in the real estate industry. Belbex is the premier source of commercial space available to let and for sale in Spain. CoStar Group’s websites attracted over 160 million unique monthly visitors in September 2023. Headquartered in Washington, DC, CoStar Group maintains offices throughout the U.S., Europe, Canada, and Asia. From time to time, we plan to utilize our corporate website, CoStarGroup.com, as a channel of distribution for material company information. For more information, CoStarGroup.com.ABOUT MATTERPORTMatterport, Inc. (NASDAQ: MTTR) is the World’s #1 Digital Twin Platform leading the digital transformation of the built world. Our groundbreaking platform turns buildings into data to make every space more valuable and accessible. Millions of buildings in more than 177 countries have been transformed into immersive Matterport digital twins to improve every part of the building lifecycle from planning, construction, and operations to documentation, appraisal and marketing. Learn more at matterport.com and browse a gallery of digital twins.ADDITIONAL INFORMATION AND WHERE TO FIND ITThis press release does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval. In connection with the proposed transaction, CoStar intends to file with the SEC a registration statement on Form S-4 that will include a proxy statement of Matterport that also constitutes a prospectus of CoStar and other documents regarding the proposed transaction. The definitive proxy statement/prospectus will be delivered to stockholders of Matterport.Investors and security holders will be able to obtain free copies of the registration statement, the proxy statement/prospectus (when available) and other relevant documents filed by CoStar and Matterport with the SEC through the website maintained by the SEC at www.sec.gov. Copies of the documents filed by CoStar with the SEC will also be available on CoStar’s website at https://costargroup.com, and copies of the documents filed by Matterport with the SEC are available on Matterport’s website at https://matterport.com.INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE DEFINITIVE PROXY STATEMENT/PROSPECTUS AND OTHER RELEVANT DOCUMENTS THAT WILL BE FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY CONTAIN IMPORTANT INFORMATION.PARTICIPANTS IN THE SOLICITATIONCoStar, Matterport and their respective directors and executive officers may be deemed to be participants in the solicitation of proxies from Matterport’s stockholders in respect of the proposed transaction. Information regarding CoStar’s directors and executive officers can be found in CoStar’s definitive proxy statement filed with the SEC on April 27, 2023. Information regarding Matterport’s directors and executive officers can be found in Matterport’s definitive proxy statement filed with the SEC on April 27, 2023.Additional information regarding the interests of such potential participants will be included in the definitive proxy statement/prospectus when it is filed with the SEC. These documents will be available on the SEC’s website and from CoStar and Matterport, as applicable, using the sources indicated above.Source: CoStar

Monday Apr 22, 2024

Matterport, the Global Leader in 3D Digital Twins, to be Acquired by CoStar GroupSUNNYVALE, California, Monday, April 22, 2024 (GLOBE NEWSWIRE) -- Matterport, Inc. (NASDAQ: MTTR), The spatial data company leading the digital transformation of the built world, announced today that it has entered into a definitive agreement with CoStar Group, Inc., a leading provider of online real estate marketplaces, information and analytics in the property markets, pursuant to which CoStar Group will acquire all outstanding shares of Matterport in a cash and stock transaction valued at $5.50 per share, representing an equity value of approximately $2.1 billion and an enterprise value of approximately $1.6 billion based on the closing price for CoStar Group common stock on April 19, 2024. Under the terms and subject to the conditions of the agreement, which has been unanimously approved by Matterport’s Board of Directors, Matterport stockholders will receive $2.75 in cash and $2.75 in shares of CoStar Group common stock for each share of Matterport common stock.Founded in 2011, Matterport pioneered the development of the first 3D capture solution to deliver dimensionally accurate, photorealistic virtual tours or “digital twins” for any type of property. Matterport’s proprietary and patented technology enables anyone to digitize a property using a variety of camera technologies including cameras found on most smartphones. Matterport also produces a line of innovative 3D capture devices, including the company’s flagship LiDAR-based Pro3 camera which is capable of high-precision indoor and outdoor capture. At the center of the solution is Cortex, a powerful artificial intelligence software engine that automatically generates the 3D digital twin and virtual tour while providing property insights like detailed property dimensions, room layouts, and more.Matterport's 3D technology is utilized in nearly every sector of real estate, spanning residential, commercial, hospitality, retail, and industrial spaces, among others. Over the years, Matterport has curated what is considered the largest and most precise collection of spatial property data worldwide, with over 12 million spaces captured in 177 countries, and representing more than 38 billion square feet of digital property under management. Contributing to this growth, Matterport has established a global network of several thousand photographers, capture services technicians, and service partners producing hundreds of thousands of new 3D digital twins for properties each month.CoStar Group operates some of the most effective and widely recognized real estate information solutions and online property marketplaces in the world including Apartments.com, LoopNet, CoStar, and Homes.com, all of which feature Matterport’s 3D virtual tours. CoStar Group was one of the first adopters of Matterport’s technology, and currently has almost 300,000 Matterport digital twins available in the CoStar information product and online property marketplaces. Advertisers on CoStar Group marketplaces clearly recognize the value of Matterport virtual tours. In March 2024, there were over 7.4 million views of Matterport 3D Tours on Apartments.com, with consumers spending 20% more time viewing an apartment listing when Matterports were available. CoStar Group intends to utilize Matterport in a similar fashion on Homes.com to further enhance the most comprehensive agent, seller and buyer friendly residential portal on the market.“CoStar Group and Matterport have nearly identical mission statements of digitizing the world’s real estate. I look forward to welcoming Matterport to the CoStar Group family and believe that we will be stronger together, in pursuit of our common mission,” said Andy Florance, Founder and CEO of CoStar Group. “The world has changed and today a Matterport is the new open house or property tour. People now select their next home, apartment, office, store, hotel, or warehouse on their mobile device often without ever visiting the property. There is no better way to remotely experience space than via Matterport. CoStar Group intends to support and invest in research and development opportunities to further develop Matterport’s spatial technology, including the application of AI and machine learning to extract information from the 3D spatial data library as well as using generative artificial intelligence to imagine and reimagine physical spaces.”RJ Pittman, Chair and CEO of Matterport said, “We are thrilled to join forces with CoStar Group, a long-standing customer and partner with a shared vision for transforming global real estate through technology and digitization. This transaction is another significant milestone that acknowledges the groundbreaking work Matterport has accomplished in 3D digital twin technology and AI-driven property intelligence. With CoStar Group's expansive reach and scale in property research and analytics and our joint commitment to innovation, we believe that this powerful combination will transform how properties are marketed, sold, and managed worldwide. Importantly, it offers Matterport's stockholders the opportunity to participate in the value creation and future growth prospects of our combined efforts.”The transaction, which is expected to be completed during the year, is subject to the approval of Matterport stockholders and the satisfaction of customary closing conditions, including applicable regulatory approvals. Directors, Officers and certain other stockholders of Matterport, representing approximately 15% of Matterport’s fully diluted shares, have entered into voting agreements to support the transaction.  The transaction is subject to a 10% symmetrical collar based on a CoStar Group share price of $86.02 as the midpoint.
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Matterport media release continues in the We Get Around Network Forum:
https://www.wegetaroundnetwork.com/topic/19745/page/1/matterport-the-global-leader-in-3d-digital-twins-to-be-acquired-by-costar/
 

Tuesday Apr 16, 2024

SUNNYVALE, California, Tuesday, April 16, 2024 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR), the leading digital twin platform for the built world, announced it has partnered with Crunch Fitness, one of the largest fitness companies in North America, to use Matterport’s leading digital twin and photography services to ensure brand consistency across marketing materials for its U.S. franchise locations.Headquartered in New York City, Crunch has over 450 gyms worldwide, serving a diverse community of more than 2.5 million members. Known for its reputation for innovation in the fitness community, Crunch invested in Matterport’s state-of-the-art property marketing solutions to offer single-source brand marketing materials across its portfolio of gyms.With this agreement, Matterport will offer Crunch clubs access to nationwide photography, digital twins, and aerial drone photography services to produce rich media content that encourages prospective gym-goers to start their fitness journey with Crunch.In seeking to achieve brand uniformity and streamline photography work, Crunch decided to partner with Matterport due to the company’s network of expert photographers, global capture technicians for its unique digital twin technology, and its overall scale. Beyond virtual tours, Matterport’s digital twins are capable of providing affordable all-in-one property marketing packages that span HDR photos, 4K video, and floor plans – all of which can be generated from a single digital twin.“We are always seeking ways to further enhance and evolve the franchise experience,” said Kate Weis, Vice President of Franchise Marketing, Crunch Fitness. “Being able to partner with Matterport, the leading company in the digital photography space, and offer our franchise network such high-level visual assets will continue to move the needle for our franchisees.”“We are thrilled to help Crunch create a more consistent experience across promotional materials that encourages members from every community to participate in fitness,” said Jay Remley, Chief Revenue Officer, Matterport. “With our expert photography services and the immersive power of Matterport’s digital twins, Crunch Fitness is primed to extend its excellence as a leader in the fitness world across all of its marketing assets.”Matterport helps customers achieve better access as well as understand and utilize properties through its next-generation 3D digital twin solutions for Property Marketing, Facilities Management, and Design and Construction Management. Learn more about the company’s solutions at: www.matterport.comAbout Crunch FitnessCrunch is a gym that believes in making serious exercise fun by fusing fitness and entertainment and pioneering a philosophy of 'No Judgments.' Crunch serves a fitness community for all kinds of people with all types of goals, exercising all different ways, working it out at the same place together. Today, we are renowned for creating one-of-a-kind group fitness classes and unique programming for our wildly diverse members. Headquartered in New York City, Crunch serves 2.5 million members with over 450 gyms worldwide in 41 states, the District of Columbia, Australia, Canada, Costa Rica, Portugal, Puerto Rico, and Spain. Crunch is rapidly expanding across the U.S. and around the globe.About MatterportMatterport, Inc. (Nasdaq: MTTR) is leading the digital transformation of the built world. Our groundbreaking digital twin platform turns buildings into data to make every space more valuable and accessible. Millions of buildings in more than 177 countries have been transformed into immersive Matterport digital twins to improve every part of the building lifecycle from planning, construction, and operations to documentation, appraisal and marketing. Learn more at: www.matterport.com©2024 Matterport, Inc. All rights reserved. Matterport is a registered trademark and the Matterport logo is a trademark of Matterport, Inc. All other marks are the property of their respective owners.---Source: Matterport via Globe Newswire

Monday Apr 08, 2024

www.ZUANT.com | www.ZUANT3D.com 
-- How do you add live video and text chat within a Matterport digital twin?– What kind of real-time insights are possible from a Matterport virtual tour?Stay tuned!On WGAN-TV Live at 5 (5 pm ET on Thursday, 4 April 2024, our topic is:✓ WGAN-TV | How to Use Matterport + ZUANT3D for Live Video and Chat Function and Live ReceptionistMy guests are:1. ZUANT Chief Executive Officer Peter Gillet (@petergillett) (www.ZUANT3D.com | www.ZUANT.com)2. ZUANT Marketing Specialist Sam Wolford (@samwoolford) (www.ZUANT3D.com | www.ZUANT.com)Topics Include1. What is ZUANT3D Radar?2. What are ZUANT3D Live Video or Text Chat Sessions?3. What is a dual-hosted ZUANT3D Live Video Session?4. What is ZUANT3D Engagement Tracking (Dashboard)?5. How Zuant3D integrates with various CRM platforms?6. How does someone request a Live Video or Text Session within a Materport tour powered by ZUANT3D?7. Where are the chat conversations stored to follow up on? [Cloud]?8. How would other clients and industries benefit from having a ZUANT3D Live Receptionist in their tours?9. Can you explain the ZUANT3D Call Centre Network (20)?10. How does a ZUANT3D Live Video or Text Chat Session add value to a Matterport Scan?---Free ZUANT3D Offer✓ Up to 5 Experiences (Matterport tours powered by ZUANT3D)✓ Visitor Activity Tracking✓ Lead Generation✓ Email Notification---Here is an example of Sales Lead Generation Form in a Matterport Tour powered by ZUANT3D.com ...=> Example of Lead Generation Form in a Matterport Tour powered by ZUANT3D.com---Zuant Contact InfoWebsites: www.ZUANT.com and www.ZUANT3D.comLanding Page: www.ZUANT3D.comBook a Demo: Contact UsEmail: sales@zuant.com | info@zuant.comPhone: 866-616-4958WGAN Forum: @petergillett @samwoolford

Tuesday Apr 02, 2024

Matterport Surpasses One Million Subscribers, Extending Its Industry Leadership in Digital Twin Technology with Compelling SaaS GrowthWith 75x subscriber growth in just 5 years, the milestone reflects the company’s 3D capture ubiquity and SaaS-driven digital twin platform strategySUNNYVALE, California, Tuesday, April 2, 2024 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR), a pioneering leader in the digital twin and 3D capture space, proudly announces a monumental achievement in its company history, reaching one million subscribers to its digital twin cloud platform. This significant milestone underscores Matterport's unwavering commitment to innovation and its strategic Capture Ubiquity initiative, which has propelled the company into a new era of growth and success.In 2019, Matterport embarked on a bold journey to democratize 3D capture technology for everyone. By introducing affordable subscription tiers, supporting low-cost capture devices and smartphones, and launching the advanced Pro3 camera, Matterport has made 3D capture accessible to a broad audience. This approach has not only disrupted the industry but has also resulted in an impressive 75x subscriber growth in just five years, growing from 13,000 subscribers in late 2018 to over one million today.A Testament to Matterport’s SaaS StrategyThis achievement is a testament to Matterport's market leadership in the 3D capture and digital twin industry. By significantly expanding its user base, Matterport has accelerated its subscription revenue growth and set the stage to achieve cash flow break-even from operations this year, enhancing the company's financial resilience and growth potential. The company’s SaaS-first approach has driven subscription revenue to 60% of total revenue, from less than 50% from just one year ago.The increase in subscribers correlates with heightened user engagement and adoption rates, further driving the company's revenue through subscription renewals, upsells, and the introduction of new services, such as Matterport’s Property Intelligence, that are tailored to the needs of a growing and diverse customer base.Fostering Innovation and Community EngagementMatterport's success is deeply rooted in its commitment to innovation and community engagement. The Capture Ubiquity strategy not only expanded the technology's accessibility but also fostered a thriving community of users who are integral to the ecosystem's growth. This user-centric approach has led to increased engagement, with users frequently utilizing the platform for various applications, from Property Marketing to Facilities Management, Design and Construction and beyond, further solidifying Matterport's position as a critical tool for numerous uses and industries.Continued Growth and Expansion Driven by AI-Powered OfferingsLooking forward, Matterport believes that it is poised for continued growth and expansion as a result of deepened investments in the next-generation of its digital twins.In February, the company launched a collection of AI-powered features as part of its inaugural Winter 2024 Release: Automating the Future, transforming how people and businesses can extract data from properties. The datafication of built environments is laying the foundation for the next decade of advancements in property insights, enabling property stakeholders of all kinds – from buyers, sellers, and agents, to designers, builders and property managers – to maximize the value of any space.The acceleration of this work has also paved the way for the company’s upcoming generative AI solutions leveraging the organization’s experience in machine learning and data science to automatically reimagine and redesign a space within the digital twin. Initial features are expected to be available in beta with select customers later this year.A Celebration of Achievement and a Look to the FutureMatterport celebrates this milestone with a company-wide toast to all of its employees, a nod to the company's culture of recognizing achievements and fostering a sense of community among its employees and users. This celebration is not only a reflection of the company's past successes but also a beacon of optimism for the future.“We created the category for automated, photorealistic, and dimensionally accurate 3D digital twins in 2011, and we are the industry leader today with over one million subscribers and climbing. This extraordinary milestone is a testament to the courage, innovation, and tireless dedication of our incredible team that is charting our future from all over the world,” said RJ Pittman, Chairman and CEO of Matterport. "Matterport isn't just leading, it's revolutionizing the way we interact with the built world, harnessing our versatile digital twin technology to unlock unprecedented possibilities across industries. With each digital twin we create, we're not only mapping the present but also paving the way for a future where digital transformation defines the very fabric of our physical world."For more information about Matterport and how you can be part of the next million subscribers, visit: www.Matterport.comAbout MatterportMatterport, Inc. (Nasdaq: MTTR) is the World’s #1 Digital Twin Platform* leading the digital transformation of the built world. Our groundbreaking platform turns buildings into data to make every space more valuable and accessible. Millions of buildings in more than 177 countries have been transformed into immersive Matterport digital twins to improve every part of the building lifecycle from planning, construction, and operations to documentation, appraisal and marketing. Learn more at: www.Matterport.com©2024 Matterport, Inc. All rights reserved. Matterport is a registered trademark and the Matterport logo is a trademark of Matterport, Inc. All other marks are the property of their respective owners.*Largest digital twin cloud hosted platform for the built world sq.ft. scanned. Data on file.---Source: Matterport via Globe Newswire

Wednesday Mar 27, 2024

SUNNYVALE, California, Tuesday, March 26, 2024 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR), announced that Kikkoman Corporation, the world’s leading soy sauce producer, has used Matterport's Digital Twin Platform to create a digital twin of the company’s historic Goyogura soy sauce brewery.Originally established in 1939 as a dedicated facility supplying soy sauce to the Imperial Household Agency of Japan, the Goyogura brewery produces some of Kikkoman’s premium series of soy sauces, including the ‘Goyogura Shoyu’ and the D2C exclusive brand, 'Kikkoman Honten'. Although the brewery was moved to the current location in 2011 due to its age, it is still constructed with original elements of the historic facility like wooden barrels, stone walls, and gates, continuing to preserve its traditional brewing methods to supply the Imperial Household Agency with its world-renowned soy sauces.Using Matterport’s Property Marketing solution, Kikkoman aims to offer factory tours to consumers so that it can be shared with the world. Enriched with notes, guides and videos, the digital twin serves as an educational resource for understanding and preserving the traditions and culture of soy sauce production.The company is also considering Matterport’s Facilities Management solution for maintenance, repairs and measuring the space to reduce equipment management costs and time on site. By minimizing the need for personnel to physically enter and inspect the facility, the company would be able to save time and effort for hygiene management.The Goyogura brewery was captured quickly with Matterport’s Capture Services and the Pro3, minimizing disruption to the facility's operations and ensuring low-impact on the historic equipment. Equipped with lidar and RGB sensors, Matterport’s Pro3 produces both photo-realistic 3D tours and photos as well as detailed point cloud data that can be used for BIM (.ifc, .rvt) and CAD (.dwg) files.“As part of the branding of the ‘Goyogura Shoyu’ and the ‘Kikkoman Honten’ series, we believed that allowing customers to see the traditional brewing methods of the production site would create interest in the craftsmanship of our brewing process,” said Kaname Tsuji, Manager of the EC Strategy Group, Products Management Division. “Having seen the accuracy and smoothness of the technology, we considered Matterport capable of conveying the reality of the Goyogura brewery, providing access to areas of the facility which visitors cannot step in. We hope that through this special access, including views of the interior of our cedar brewing barrels, which are usually seen through glass, we will delight our customers as part of our exhibitions and communication on the D2C exclusive 'Kikkoman Honten'.”“We are honored that Kikkoman, a symbol of Japanese food culture, is using our services,” said Howard Xiao, President and Operating Officer of Matterport Japan K.K. “We hope that by utilizing Matterport, the charm and craftsmanship of traditional soy sauce production will be passed on to generations to come, not only in Japan but also overseas. We also look forward to supporting Kikkoman’s consideration of uses in the future, such as our Facilities Management solutions, using the power of our digital twin platform as part of this journey.”The 'Goyogura Shoyu Brewery' is part of Matterport Japan’s 'Connecting Culture and the Future with Digital Twins' project, which aims to digitize and widely share Japan's cultural properties and historical buildings such as Aso Shrine, Tenzan Sake Brewery and others.To learn more about Matterport’s solutions for property marketing, facilities management, or design and construction management, visit: www.Matterport.comAbout MatterportMatterport, Inc. (Nasdaq: MTTR) is the World’s #1 Digital Twin Platform* leading the digital transformation of the built world. Our groundbreaking platform turns buildings into data to make every space more valuable and accessible. Millions of buildings in more than 177 countries have been transformed into immersive Matterport digital twins to improve every part of the building lifecycle from planning, construction, and operations to documentation, appraisal and marketing. Learn more at: www.Matterport.com©2024 Matterport, Inc. All rights reserved. Matterport is a registered trademark and the Matterport logo is a trademark of Matterport, Inc. All other marks are the property of their respective owners. *Largest digital twin cloud hosted platform for the built world sq.ft. scanned. Data on file.Source: Matterport via Globe Newswire

Saturday Mar 23, 2024

https://WGAN.info/VSI
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-- Is there an easier, faster and more affordable virtual staging solution?-- When you shoot empty homes would you like to wow your real estate agent clients?-- Would you like to see a demo of virtual staging in less than 10 seconds?Stay tuned ...On WGAN-TV Live at 5 (5 pm ET) on Thursday, March 21, 2024, my guest will be Virtual Staging AI Co-Founder and CEO Michael Bonacina.Our show topic:✓ WGAN-TV | Intro to Virtual Staging of Real Estate Photos powered by Virtual Staging AI (VSI)Michael will show us how to:✓ virtually stage - in 10 seconds - using AI powered by Virtual Staging AI✓ virtually declutter a space - in 10 seconds - using AI powered by Virtual Staging AI✓ use different virtual staging furniture optionsAmong the questions that I will ask Michael about the "world's first virtual staging algorithm powered by artificial intelligence" are:✓ Why should a photographer offer virtual staging?✓ Why a photographer that is presently outsourcing virtual staging should try Virtual Staging AI?✓ What are the benefits of virtual staging from a real estate agent's perspective?✓ What are suggested pricing strategies for real estate photographers to charge real estate agents?✓ Why should virtual staging be included in a real estate photographer's bundles?✓ Should virtual staging - and virtual decluttering - be offered as an Add On (or no charge)?✓ How does virtual staging differentiate a real estate photographer?✓ What does "Decluttering Included" mean?✓ What does "Unlimited Revisions" mean?✓ How did Virtual Staging AI get started?✓ How many clients does Virtual Staging AI have?✓ How to get the best virtual staging results with Virtual Staging AI?✓ Talk about: "World's first virtual staging algorithm powered by artificial intelligence."✓ Talk about: "Developed at Harvard Innovation Labs."Special Offer for We Get Around Network Standard Members✓ Receive the free use of Virtual Staging AI (VSI) Standard Plan for 12 months✓ WGAN Standard Member? Receive VSI Benefit (To receive the password, please Private Message @DanSmigrod)✓ Virtual Staging AI Standard Plan includes:-- 25 photos per month-- Unlimited renders-- All room types and styles-- Decluttering included-- No watermark-- 10 seconds turnaround-- Image storage foreverAccording to the Virtual Staging AI Website✓ Increased Buyer Interest - Virtual staging has a positive impact on 83% of buyers.✓ Get Higher Offers - Homes with virtual staging sell on average for 25% more.✓ Sell Faster - Staging homes sell 73% faster than their non-staged counterparts.✓ Stand Out From the Competition - Convince more homeowners by using the latest technology

Tuesday Mar 19, 2024

Matterport 3D Digital Twins Power Asia’s Largest Virtual Art Exhibition Platform, ARTOGOSUNNYVALE, California, Tuesday, March 19, 2024 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR), announced that ARTOGO, the largest virtual exhibition platform in Asia, is utilizing Matterport as its 3D technology of choice to revolutionize the arts sector.Founded in April 2021, ARTOGO’s online art platform offers immersive digital experiences powered by Matterport, allowing users to explore international art exhibitions from anywhere at any time. Collaborating with major art museums, galleries, museums, and historical sites throughout Asia, the company offers a comprehensive approach to digital art exhibits which covers content licensing, editorial planning, shooting, modeling, production, distribution, and ticket sales.After exploring various digital solutions, ARTOGO chose Matterport’s Digital Twin Platform to bring art to life in immersive 3D, hosting more than 450 virtual exhibits that have drawn in more than four million views. In addition to Matterport’s digital twin technology which powers ARTOGO’s virtual exhibits, ARTOGO utilizes Matterport’s developer tools to create unique, online experiences that are tailored to the needs of the arts and culture sector.“When we first began exploring the digital experience of online exhibitions in 2019, we looked at many different ways to digitalise exhibitions and create a platform where the public could browse at will,” said Howard Yang, Cofounder and CEO at ARTOGO. “After assessing different solutions, it was clear that Matterport’s 3D technology was the right choice. Through our use of the Matterport digital twins, we have elevated the digital visitor experience to such heights that it now attracts paying customers.”The online pay-to-visit model is a huge boon for the arts and cultural sector, creating a new stream of revenue with significant potential to attract visitors from around the world. In 2024, ARTOGO plans to launch more than 20 paid experiences for exhibitions around the world, anticipating these experiences will reach a new milestone of 100,000 ticket sales."Historically, art has been exclusive to a very select few. ARTOGO is proving that with our immersive 3D technology, art can be shared, preserved, and appreciated in a format that is much more accessible to all walks of life,” said Jay Remley, Chief Revenue Officer, Matterport. “ARTOGO is driving innovation in the arts across Asia and defining the premium digital exhibition experience that people are finally willing to pay for. We look forward to supporting their growth to make it easier for people to engage with art, design and culture, globally.”Matterport has partnered with leading institutions to digitize the world’s most exclusive and unique art and design collections to make them accessible to the world. This has included the digitization of Design Miami/ Basel, Design Miami/ and the Miami Design District, as well as the first-of-its-kind digital presentation of the private collection of Robin Eley x David Korins for its gallery opening.Matterport helps customers better access, understand and utilize properties through its next-generation 3D digital twin solutions for Property Marketing, Facilities Management and Design and Construction Management. Read the full case study with ARTOGO and learn more about the company’s solutions at: www.matterport.comAbout MatterportMatterport, Inc. (Nasdaq: MTTR) is the World’s #1 Digital Twin Platform [data on file.] leading the digital transformation of the built world. Our groundbreaking platform turns buildings into data to make every space more valuable and accessible. Millions of buildings in more than 177 countries have been transformed into immersive Matterport digital twins to improve every part of the building lifecycle from planning, construction, and operations to documentation, appraisal and marketing. Learn more at: www.matterport.com©2024 Matterport, Inc. All rights reserved. Matterport is a registered trademark and the Matterport logo is a trademark of Matterport, Inc. All other marks are the property of their respective owners. *Largest digital twin cloud hosted platform for the built world sq.ft. scanned.Source: Matterport via Globe Newswire

Monday Mar 18, 2024

Matterport Partners with Resi, the UK's Top Home Extension Company, to Revolutionize Home Extension Surveys with Matterport's Pro3 and Digital Twin TechnologyResi adopts Matterport technology, slashing survey times by 25% and reducing capture hardware costs by 85%SUNNYVALE, California, Tuesday, March 12, 2024 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR) announced today that Resi, the UK’s leading home extension company, has made Matterport’s Pro3 and Digital Twin Platform its technology of choice for surveying homes.Founded in 2016 with the vision of opening up fast, affordable, high-quality architectural services for every UK home, Resi is the UK’s leading home extension company having completed more than 7,000 projects to date.In design and construction, inaccurate or incomplete documentation is responsible for an estimated 48% of rework, making accurate measurements vital to set a project up for success.1 To improve accuracy, productivity and quality, Resi explored several laser scanning providers, determining Matterport’s Pro3 was its preferred surveying solution due to its scalability and price.“When we started exploring Matterport as a solution, we encountered a lot of skepticism as to whether the accuracy would stand up to traditional laser scanners. We did significant due diligence comparing measurements against our existing equipment, and we found it delivers the accuracy we need,” said Lisa Westmacott, Special Projects Lead, Resi. “We’re now in our customer's homes for less time (which is great for them!) and we spend less time in the processing phase, it’s a win-win. Our aim is to enable all homeowners to extend their homes easily, and Matterport helps us to do just that.”Compared to traditional laser scanners, Resi has reduced average survey time by 25% with Matterport, while reducing 85% of the hardware costs. In addition to reducing time on task surveying, the significantly faster processing time has enabled Resi team members to complete more jobs in less time, amounting to the equivalent of an extra day onsite per week as a result of these productivity gains.“The Pro3 Camera was designed from the ground up to provide our design and construction customers with a capture solution for faster, more reliable job completion, along with powerful new AI features to automate tedious precision measurement tasks,” said Jay Remley, Chief Revenue Officer, Matterport. “Resi has quickly become one of the largest names in home extensions and we’re proud to help them continue that success with the speed and accuracy of the Pro3 and the power of our intelligent Digital Twins.”Matterport’s digital twins deliver unmatched 3D visual clarity for design and construction professionals, helping streamline project management across every phase of the building lifecycle. Read the full case study with Resi, and visit: wwww.Matterport.com to learn more about the company’s digital twin solutions for Design and Construction Management.About MatterportMatterport, Inc. (Nasdaq: MTTR) is the World’s #1 Digital Twin Platform* leading the digital transformation of the built world. Our groundbreaking platform turns buildings into data to make every space more valuable and accessible. Millions of buildings in more than 177 countries have been transformed into immersive Matterport digital twins to improve every part of the building lifecycle from planning, construction, and operations to documentation, appraisal and marketing. Learn more at: www.matterport.com©2024 Matterport, Inc. All rights reserved. Matterport is a registered trademark and the Matterport logo is a trademark of Matterport, Inc. All other marks are the property of their respective owners. *Largest digital twin cloud hosted platform for the built world sq.ft. scanned. Data on file.Footnote1. Digital Twins in the Construction Industry: A Perspective of Practitioners and Building AuthoritySource: Matterport via Globe Newswire

Wednesday Mar 06, 2024

Matterport and KnowHow Partner to Accelerate Worker Training and Onboarding for Digital Twin Solutions in the Restoration SectorSUNNYVALE, California, Wednesday, March 6, 2024 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR), and KnowHow, a leading software platform to onboard, skill up, and equip workforces in the restoration industry, announced a partnership to deliver comprehensive ‘just-in-time’ online system training for Matterport’s Digital Twin Platform to all KnowHow customers.On average, turnover rate in construction and restoration is roughly 21%, with employees 24 or younger as high as 64%.1 As restoration crews face ongoing turnover, teams are increasingly turning to technologies like KnowHow to upskill employees that are new to the industry, or inexperienced for a specific job.Through this partnership, KnowHow will offer its vast network of restoration professionals comprehensive training for Matterport's entire solution, from operating the Pro series cameras to capturing and documenting spaces effectively, ensuring optimal use of Matterport's Digital Twin Platform in their projects.KnowHow is the leading software for onboarding and equipping workers in the restoration industry, supporting owners, franchisors, general managers, project managers, and field staff with digital, on the job training. With more than 150,000 step-by-step processes created by restoration staff, KnowHow provides its customers with intuitive training that ensures every worker has easy access to the knowledge they need to succeed in their role.“Matterport is consistently ranked by restoration leaders as one of the industry’s top tools for photo documentation of job sites in our State of the Industry survey,” said Leighton Healey, Chief Executive Officer of KnowHow. “KnowHow helps customers get full horsepower out of tools like Matterport, ensuring staff know when and how to use it, regardless of their level of experience or language preference. This partnership reinforces Matterport’s fierce commitment to empowering their customers with all the tools they need to be successful in their role, and KnowHow’s dedication to building a confident workforce.”Matterport’s digital twin technology transforms physical buildings and spaces into photorealistic 3D replicas. For the restoration industry, these easy to navigate 3D spaces deliver accurate, transparent, and fair documentation that save crews time, cuts costs, and helps them complete jobs much faster.As part of Matterport's Winter 2024 Release: Automating the Future, Matterport launched Property Intelligence, its proprietary collection of AI-powered features that provides customers with access to automated measurements, layouts, editing, and reporting capabilities generated from a Matterport digital twin of their property. This can assist restoration professionals with better cost estimates for maintenance, reduce time spent traveling to site for additional detail, as well as increase collaboration with customers to ensure better project clarity that ultimately drives the best results."In an industry with consistent turnover, KnowHow is leading the charge in shrinking the skill gap for restoration professionals,” said Jay Remley, Chief Revenue Officer, Matterport. “KnowHow is an ideal partner to evangelize our solutions for the restoration industry, helping crews succeed quickly with confidence when using our digital twin solutions to help them complete jobs faster, more effectively.”Matteport’s best practices and procedures are available to every new and existing KnowHow customer, on their desktop or mobile devices via the KnowHow app. With KnowHow’s step-by-step walkthroughs, restoration teams can get up to speed on Matterport’s services faster than ever.
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Matterport media release continues in the We Get Around Network Forum:
https://www.wegetaroundnetwork.com/topic/19599/page/1/matterport-and-knowhow-partner-to-accelerate-worker-training-and-onboarding/

Thursday Feb 29, 2024

Special Offer for We Get Around Network Forum Readers (and WGAN-TV Live at 5 Viewers)-- Free REALSEE Galois 3D LiDAR Camera Kit when you pre-pay $5,499 for 200 3D Virtual Tours Hosted for 6 Months-- Offer includes: Download All 16K Panoramas from 200 Tours-- Additional Hosting as Low as $7.50 per 3D Virtual Tour for 3 MonthsThe REALSEE Galois 3D LiDAR Camera Kit Includes-- REALSEE Galois 3D LiDAR Camera-- Charging Kit (includes your country specific charging plug)-- Tripod-- Backpack-- Battery-- Quick Release ClampOffer valid now until midnight (EST) Tuesday, April 19, 2024 for We Get Around Network Forum readers. Offer includes 1,200 credits that may be used for hosting 200 tours for 6 months or 400 tours for 3 months (Each credit is good for 1 month REALSEE hosting.) Unused credits valid for up to 24 months. For details, please see: home.REALSEE.ai/activity/WGAN
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-- are you seeking a LiDAR Camera that pairs with a non-subscription 3D virtual tour hosting Platform?-- do you want to receive 2D floor plans for free (using a DIY tool)?-- do you want to be able to download 16K high-resolution panoramas?On WGAN-TV Live at 5 (at 5 pm UK / noon ET) on Thursday, 29 February 2024, our topic is:WGAN-TV | Intro to REALSEE Galois LiDAR Camera/Scanner and REALSEE 3D Digital Twin Hosting ServiceOur subject matter expert is Nick Powell, Owner of Nick Powell Photography based in Worthing, England, United Kingdom. (Nearly two hours South of London.)In addition to real estate photography, Nick offers bespoke 360º virtual tours and Google Street View.Nick has been taking the REALSEE Galois LiDAR Camera/Scanner for a spin and creating helpful videos for real estate photographers/3D digital creators to understand the REALSEE LiDAR camera and platform. [please see videos above]I will ask Nick for his insights regarding:1. REALSEE Galois 3D LiDAR Camera2. REALSEE PlatformREALSEE Features-- No Monthly Subscription (Top Up Anytime)-- Unlimited Free Floor Plans (via DIY Tool)-- Unlimited Free Interactive Floor Plans-- AI Camera Removal; Add 360 Video-- Download All 16K Panoramas from 200 Tours-- Free: Capture, Upload, Edit, Preview, Storage-- Ricoh Media Tags: Add Video to TV Sets-- Publish to Google Street View

Tuesday Feb 27, 2024

Matterport Chairman and CEO RJ Pittman Named Inman 2024 Power Player Underscoring The Transformative Impact Of Digital Twins On Real EstateRecognizing outstanding accomplishments across the residential real estate industry, the 2024 Inman Power Players list highlights leaders, executives, founders and innovators that are playing a key role in shaping the industry’s futureSUNNYVALE, California, Tuesday, February 27, 2024 (GLOBE NEWSWIRE) -- RJ Pittman, CEO and Chairman of Matterport, Inc. (Nasdaq: MTTR) was named to Inman’s Power Players class for the second consecutive year. Inman, one of real estate's leading sources of journalism, recognizes outstanding accomplishments each year across the residential real estate industry. In its second year, the Inman 2024 Power Players list highlights leaders, executives, founders and innovators that are playing a key role in shaping the industry’s future.Today, there are more than 4 billion buildings in the world, representing a value north of $327 trillion. Real estate is the largest asset class in the world, and yet in the era of digital transformation and artificial intelligence, the majority of the world’s building stock remains offline and underutilized.Matterport has spent more than a decade transforming buildings into data, with more than 35 billion square feet of space digitally captured and growing every day. As the company continues to roll out innovative solutions for Property Marketing, Design & Construction, and Facilities Management, Matterport is leveraging this building data to infuse each of its solutions with intelligent, automated features that simplify the process of designing, building, managing or marketing a property.As part of Matterport's Winter 2024 Release: Automating the Future, the company launched several breakthrough products and services representing the latest in innovation and AI for Matterport’s Digital Twin Platform. This included the launch of Property Intelligence, a collection of AI-powered features that unlocks information and data about a property that has never been so easily available thanks to the power of automation and AI at Matterport.“It’s an honor to be recognized again among so many of my peers– many of which are our customers – underscoring the transformative impact Matterport’s digital twins have had on real estate,” said RJ Pittman, Chairman and CEO, Matterport. “Matterport has been central to the digitization of this industry, and our role will only grow as our AI-powered solutions begin to take center stage to unlock the full value and potential of the built world.”See the full list of Inman’s 2024 Power Player honorees, here. To learn more about Matterport’s digital twin solutions, visit: www.matterport.comAbout MatterportMatterport, Inc. (Nasdaq: MTTR) is leading the digital transformation of the built world. Our groundbreaking digital twin platform turns buildings into data to make every space more valuable and accessible. Millions of buildings in more than 177 countries have been transformed into immersive Matterport digital twins to improve every part of the building lifecycle from planning, construction, and operations to documentation, appraisal and marketing. Learn more at: www.matterport.com©2024 Matterport, Inc. All rights reserved. Matterport is a registered trademark and the Matterport logo is a trademark of Matterport, Inc. All other marks are the property of their respective owners.Footnote$327 trillion: Estimates from Savills World Research and Matterport---Source: Matterport via Globe Newswire

Friday Feb 23, 2024

WGAN-TV on Location at Geo Week 2024 | Pitch the Press EventMosaic Co-Founder Jeffrey Martin at Geo Week 2024 Shows Mobile Mapping CameraTranscript- How's it going? My name's Jeffrey Martin. I'm the Co-Founder and CEO of Mosaic.We are a mobile-mapping camera company.Our general thesis is that as computing improves and various algorithms improve, it becomes less and less important to use high-end LiDAR, which is extremely expensive, cumbersome, and hard to use. Companies such as Trimble, Hexagon, and others are stuck in an innovator's dilemma.And we are coming after you because we don't need these extremely expensive lasers anymore.You can achieve even better results in a fraction of the time of data collection using photogrammetry. And in many cases, you can get even more detailed 3D model using photogrammetry. So while we do use LiDAR as well, we take a camera-first point of view.So both with the devices that go on the cars as well as the device on my back, we have extremely high-resolution cameras with very high image quality with a very high level of synchronization and a very good calibration of the optical properties of the cameras that allow users to derive measurements and create 3D models, point clouds, and textured meshes with ease.

Friday Feb 23, 2024

In this episode of WGAN-TV, recorded on location at Geo Week 2024 in Denver, WGAN-TV Managing Editor and Host Dan Smigrod talks with Cupix Vice President of Product Marketing Chuck Pfeffer. Chuck talks about the Cupix 3D technology platforms, CupixWorks and CupixVista, exploring their applications in construction management, project monitoring, and beyond.Key Points DiscussedCupixWorks: A cloud-based collaborative platform designed primarily for construction management. It enables users to capture, visualize, and track progress in 3D using off-the-shelf 360-degree cameras. This platform supports frequent data capture, integrates various data types (including laser scans and drone data), and facilitates clash detection and issue management through BIM coordination.CupixVista: A forthcoming pay-per-scan solution that simplifies the process of converting 360-degree camera footage into 3D point clouds and textured meshes. This tool is geared towards DIY scanning for a variety of applications, from surveying to facility management, offering a cost-effective alternative to traditional laser scanning methods.Technology and Cameras: Discussion on the use of advanced photogrammetry, SLAM algorithms, and AI to create detailed point clouds and textured meshes from 360 video. Cupix primarily utilizes cameras like the Ricoh THETA X and Insta360 models, emphasizing their affordability and accessibility for users.Market Applications: Insights into the "sweet spots" for Cupix's technology, including construction project management, facility renovations, and documentation for insurance purposes. The versatility of Cupix's platforms opens up opportunities for real estate photographers, service providers, and AEC professionals to enhance their workflows and decision-making processes.Future Directions: Chuck shares his vision for the future of data collection and analysis, emphasizing the ease and accuracy of Cupix's solutions. The conversation also touches on the potential expansion into crime scene documentation and insurance claim support, showcasing the wide-ranging applications of 3D technology.ConclusionChuck Pfeffer's insights offer a glimpse into the innovative world of 3D technology and its transformative impact on construction management, documentation, and a host of other industries. With Cupix's user-friendly platforms, professionals across various fields can harness the power of 3D data to streamline their operations, enhance accuracy, and drive decision-making.Thank You to Our GuestA special thank you to Chuck Pfeffer for joining us at Geo Week 2024 and sharing the exciting developments at Cupix. Stay tuned for more insights and innovations from the forefront of 3D technology.For more episodes and exclusive content, visit the We Get Around Network Forum and watch the WGAN-TV Podcast.
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(WGAN-TV Show notes written by ChatGPT-4. Lightly edited by Dan Smigrod)

Thursday Feb 22, 2024

In this WGAN-TV on Location at Geo Week 2024, WGAN-TV Managing Editor and Host Dan Smigrod interviews ARCADUS Co-Founder Javan Clark to explore the groundbreaking partnership among Matterport ARCADUS and RSET. Javan delves into how their collaboration is revolutionizing training for first responders, including police, fire, medical services, and potentially military applications.Key HighlightsARCADUS and RSET Partnership: Clark discusses how RSET complements ARCADUS by integrating Matterport scans into a game-like training environment for first responders. This innovative approach allows for detailed, scenario-based training exercises.Use Cases: The partnership is currently focusing on a fire campaign, assisting fire investigators in reconstructing incident scenes for training purposes. The technology enables the combination of multiple 3D models, including drone and Matterport scans, for comprehensive training scenarios.Benefits for Matterport Service Providers: Clark addresses the ease of use and security as primary advantages for local emergency services using this technology. He also highlights the strategic alliance with Matterport, emphasizing features like unlimited access to MatterPaks and secure data storage on AWS GovCloud.Government Contract Procurement: Through the collaboration with Carahsoft, ARCADUS facilitates the procurement process for government agencies, bypassing the need for extensive bidding processes. Clark’s background in law enforcement and his partnership with Carahsoft and AWS GovCloud offer a streamlined solution for agencies to adopt this technology.Key Questions Answered1. How does the partnership improve training for first responders?2. What are the technological advancements introduced by ARCADUS and RSET?3. What are the specific benefits for Matterport service providers in this ecosystem?4. How does the collaboration with Carahsoft and AWS GovCloud benefit government agencies?ConclusionThis episode provides an in-depth look at how the synergy between ARCADUS, RSET, and Matterport is setting a new standard in training for first responders. With Javan Clark's insights, viewers gain a comprehensive understanding of the technology's potential to save lives through enhanced training scenarios.Call to ActionFor Matterport Service Providers and government agencies interested in leveraging these advancements for first responder training, visit:www.ARCADUS.iowww.rset.comwww.Matterport-comWGAN Forum topics tagged: ARCADUS
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(Above show notes written by ChatGPT-4. Lightly edited by Dan Smigrod)

Wednesday Feb 21, 2024

In this WGAN-TV on Location at Geo Week 2024, WGAN-TV Managing Editor and Host Dan Smigrod interviews ARCADUS Co-Founder Javan Clark to find out how ARCADUS is transforming the procurement process for Matterport Service Providers targeting the public sector and large enterprises, offering a streamlined path through the often complex and secure demands of government and big business contracts.Highlights1. ARCADUS's Mission: Javan Clark introduces ARCADUS, emphasizing its unique role in facilitating the pur(written by ChatGPT-4. Lightly edited by @DanSmigrod)chase of Government cloud for Matterport through partnerships with Matterport and Carahsoft. This collaboration aims to simplify the procurement process and ensure data security on AWS GovCloud, offering a reliable solution for sensitive government and corporate data.2. Solving Procurement Challenges: Clark discusses the intricacies of government procurement, highlighting how ARCADUS enables bypassing the lengthy bidding processes through its partnership with Carahsoft, offering a smoother path for providers.3. Data Security and Ownership: The conversation turns to the paramount importance of data security, where Clark explains how ARCADUS ensures client data is securely housed on AWS GovCloud, allowing clients to maintain ownership of their data, a crucial factor for entities with high-security needs like NASA and the US Department of State.4. Addressing Service Provider Pain Points: The dialogue covers common challenges faced by Matterport Service Providers when engaging large companies and government entities, including security concerns and the benefits of having ARCADUS and Matterport’s solutions engineers facilitate these discussions.5. Broad Market Opportunities: Clark shares insights into the diverse market opportunities within the public sector, from law enforcement to insurance, stressing the importance of identifying and empowering internal champions for Matterport solutions.6. Streamlining the Upload and Contracting Processes: This episode of the WGAN-TV on Location podcast explores how ARCADUS simplifies the upload process to the Matterport for Government cloud and accelerates the contracting process, turning what could be multi-year negotiations into matters of days.7. Navigating Contracting and Compliance Challenges: Clark outlines how ARCADUS assists with overcoming common barriers such as meeting minimum insurance requirements and navigating the complex demands of government and large corporate contracts.8. Expanding Market Horizons for Service Providers: The discussion concludes with Clark encouraging Matterport Service Providers to consider pursuing government and large enterprise clients, highlighting how ARCADUS’s services can facilitate access to these markets.
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(Above written by ChatGPT-4. Lightly edited by @DanSmigrod)
 

Tuesday Feb 20, 2024

Matterport Announces Fourth Quarter and Full Year 2023 Financial Results Demonstrating Strong Recurring Revenue Growth and Reaffirms 2024 Profitability Target
======================================================Matterport Deck (PDF) February 20, 2024 | Fourth Quarter 2023 Financial Results======================================================1. Q4 Annualized Recurring Revenue hits record $94.7 million, up 23% year-over-year2. Q4 net loss improved 27% year-over-year; Non-GAAP net loss improved 55% year-over-year3. Q4 cash used in operating activities improved 46% year-over-year4. Q4 Net Dollar Expansion rate of 109% reaches highest level in two years5. FY2023 total subscribers up 34% from prior year6. FY2023 square feet under management up 36% from prior yearSUNNYVALE, Calif., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR) (“Matterport” or the “Company”), the leading spatial data company driving the digital transformation of the built world, today announced financial results for the quarter and year ended December 31, 2023.“We closed 2023 on a high note with fourth quarter total revenue of $39.5 million, in line with our guidance range. Subscription revenue growth accelerated to 23% year-over-year, ahead of our expectations, driven by broad based strength across our global customer base. Our net dollar expansion rate expanded to 109%, the highest level in two years, as we helped customers work faster and more efficiently to improve business productivity and reduce operational costs,” said RJ Pittman, Chairman and Chief Executive Officer of Matterport. “I’m incredibly excited about our 2024 Winter Release where we introduced Property Intelligence - a suite of AI-powered features and automations - along with new capabilities and add-ons that our customers are craving. This launch sets the stage for 2024 to be the year of the intelligent digital twin, fueling our AI-driven revenue growth and accelerating us towards our profitability goal,” Pittman added.“We made excellent progress in 2023. We drove strong revenue growth, robust gross margin expansion, and significant operating expense reductions - all leading to a 46% year-over-year improvement in non-GAAP loss per share and 50% improvement in our cash used in operations,” said JD Fay, Chief Financial Officer of Matterport. “In 2024, our accelerating subscription revenue growth and continued focus on efficient investments are expected to drive rapid progress to cash flow from operations profitability later this year.”Fourth Quarter and Full Year 2023 Financial Highlights1. Q4 subscription revenue of $23.7 million, up 23% year-over-year2. Q4 Annualized Recurring Revenue (ARR) was $94.7 million3. Q4 total revenue of $39.5 million4. Q4 net loss of $0.14 per share, a 33% improvement year-over-year5. Q4 Non-GAAP net loss of $0.04 per share, a 56% improvement year-over-year6. Q4 cash used in operating activities was $10.4 million, an improvement of 46% year-over-year7. Q4 net dollar expansion rate was 109%, up from the prior quarter and the highest level in two years8. Q4 cash and investments of $423 million with no debt9. FY2023 total revenue of $157.7 million, up 16% from prior year10. FY2023 cash used in operating activities improved to $58.7 million, a 50% improvement from the prior year11. FY2023 total subscribers increased to 938,000, up 34% year-over-year12. FY2023 spaces under management increased to 11.7 million, up 27% year-over-year13. FY2023 square feet under management reached 38.0 billion, up 36% from prior yearRecent Business Highlights1. Last week, launched the Matterport 2024 Winter Release - a suite of AI-powered features and new capabilities for the next generation intelligent digital twin - revolutionizing the way properties are analyzed by automating insightful property data and new customizations in Matterport spaces. This collection of breakthrough automations, plugins and add-ons bolster the company’s Property Marketing, Design and Construction, and Facilities Management solutions.2. Announced a new multi-year partnership with Vacasa to leverage Matterport’s Digital Twin Platform and Capture Services. Vacasa will expand its use of Matterport’s Digital Twin Platform as an integral part of its home onboarding and guest service experiences for the tens of thousands of properties Vacasa manages.3. Announced an agreement with Visiting Media, a global leader in immersive sales enablement and channel distribution solutions for the hospitality sector. Visiting Media serves tens of millions of users around the globe, supporting the world’s largest hospitality brands including Hilton, Hyatt, IHG Hotels and Resorts and more.4. Announced a new partnership with Belden intended to deliver 3D digital twin-powered connectivity solutions for facilities management across industrial automation, smart buildings, broadband and more.Matterport’s Property Intelligence, the company’s proprietary AI solution to analyze real estate properties at scale was named 2023’s Best SaaS Product For Real Estate & Property Management by the International SaaS Awards.5. Announced its membership as an Autodesk Construction Cloud® Premium Partner, helping bring Matterport’s 4K digital twins to even more construction professionals. Autodesk Construction Cloud is a portfolio of software services that combines advanced technology, a builders network and predictive insights for construction teams.6. Announced the University of Manchester implemented Matterport’s Digital Twin Platform for the renowned Martin Harris Centre for Music and Drama (MHC) to revolutionize the way students interact with the center, enhancing their understanding of the facilities on offer and improving their overall experience.7. Announced new high density scanning capabilities for Matterport’s revolutionary 3D camera, Pro3. Available now in beta, high density scanning makes as-built modeling with Matterport even easier, helping streamline workflows, minimize errors, and accelerate project timelines. This widens Matterport’s leading position in high fidelity digital twin reconstruction.8. Released the company’s second Environmental, Social, and Governance (ESG) report assessing the impact of Matterport’s products and programs toward driving sustainable and equitable outcomes. The report builds on the company’s inaugural report last year as the company further establishes company-wide ESG goals and commitments. The findings continue to demonstrate Matterport’s technology is a highly effective alternative to completing tasks that historically required travel.First Quarter and Full Year 2024 OutlookThe Company is providing the following financial guidance for the first quarter and full year 2024. This guidance will be discussed in greater detail on today’s conference call.
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Matterport media release continues in the We Get Around Network Forum:
https://www.wegetaroundnetwork.com/topic/19526/page/1/matterport-announces-fourth-quarter-and-full-year-2023-financial-results/

Tuesday Feb 20, 2024

Episode Overview (Summarized by ChatGPT-4):In this episode of WGAN-TV on Location, we're joined by Kyle Ditto, an enterprise solutions engineer at Matterport, directly from Geo Week 2024 in Denver, Colorado. Kyle provides in-depth insights into Matterport's strategic direction within the AEC (Architecture, Engineering, and Construction) industry, their advancements in digital twin technology, and the impact of their latest Pro3 camera equipped with LiDAR technology.Key Points Discussed:1. Introduction to Matterport at Geo Week: Matterport's significant presence [10' x 10' booth] at Geo Week 2024 highlights their commitment to penetrating deeper into the AEC industry, including sectors like oil, gas, and utilities. The focus is on the Matterport Pro3 Camera and the ability to generate BIM and CAD files from digital twins.2. Integrations and Customer Workflows: Kyle emphasizes the seamless delivery of BIM and CAD outputs into the Autodesk Construction Cloud, enhancing integration with customers' existing workflows.3. Accuracy and Efficiency: A common query from attendees revolves around the accuracy of Matterport's digital twins. While competitors may offer higher accuracy, Matterport prides itself on efficiency and accessibility, making high-quality digital data more available to a broader audience.Use Cases at Geo Week:1. Facilities Management: Matterport transforms facility management with photorealistic renderings, improving asset location and maintenance processes.2. IoT Integration: The integration of IoT sensor data with digital twins offers a revolutionary way to visualize and address equipment issues within a facility.3. Design and Construction: Matterport aids in creating as-built documentation, monitoring construction progress, and ensuring projects stay on track and budget.The Matterport Advantage: The Pro3 camera's speed of capture and ease of use position Matterport uniquely in the market, catering to users requiring efficient, accurate, and accessible digital twin solutions without the need for specialized training or equipment.Platform Extensibility: Matterport's platform allows for custom modifications and integrations, making it a versatile tool for asset management, documentation, and collaborative efforts in facilities management, design and build projects, and IoT applications.Conclusion:Kyle Ditto's insights from Geo Week 2024 underline Matterport's innovative approach to digital twin technology. By balancing efficiency with accuracy, Matterport is making strides in democratizing 3D data for a variety of industries, simplifying workflows, and enhancing project management and facility operations. The episode sheds light on the future of digital twins and Matterport's role in shaping that future.WGAN-TV on Location Guest: Kyle Ditto, Enterprise Solutions Engineer, MatterportWGAN-TV on Location Managing Editor and Host: Dan SmigrodJoin us next time on WGAN-TV for more insights into the evolving world of digital twin technology and its impact across industries.

Tuesday Feb 20, 2024

-- What's it like to drive a car with a high-end 360º camera on the roof of your car?-- How is 360º footage so helpful immediately after a natural disaster?On WGAN-TV on Location at Geo Week 2024 in Denver, I took a spin with the Mosaic X Mobile Mapping 360º Camera and Mosaic Mobile Mapping Solutions Architect Dylan Faraone to find out.See video above.===ChatGPT-4 Summary of this video:In this segment from WGAN-TV on Location at Geo Week in Denver, Dan Smigrod, Founder of the We Get Around Network Forum, introduces viewers to an innovative piece of technology in the field of digital data collection.Joined by Dylan Faraone from Mosaic 51, they delve into the capabilities and functionalities of the Mosaic X camera, a device designed to capture Google Street View-like imagery for private use. This industrial-grade camera boasts six lenses, enabling it to record and stitch together high-resolution, equirectangular panoramas.Dylan explains how the Mosaic X operates in various settings, allowing for sparse or dense data capture, making it ideal for a wide range of applications from utility assessments to roadway condition evaluations. The camera’s design prioritizes ease of use, with plug-and-play functionality accessible through a WebUI on almost any device.This flexibility is highlighted through a discussion on its practical applications, such as detailed assessments following Hurricane Ian, where the camera played a crucial role in damage assessment, building resilience understanding, and informing future building codes.The conversation also touches upon the potential integration of the Mosaic X into the workflows of 3D/360 digital twin creators within the We Get Around Network Forum community. The technology presents an opportunity for these creators to expand their services into large-scale data collection projects, such as those required by construction and civil engineering firms.This segment underscores the Mosaic X camera's significance as a tool for capturing detailed, high-quality data for a multitude of uses, from disaster response to infrastructure development, showcasing its value in both immediate and long-term applications.

Sunday Feb 18, 2024

-- Do you have potential clients calling you at night, weekends and holidays?-- Do you miss out on business because you were not available to answer the phone?-- Do you wish there was an easier way to schedule photo shoots?On WGAN-TV Live at 5 (5 pm ET) on Thursday, February 15, 2024 our topic is:WGAN-TV | Intro to Oppy: 24/7 Phone & Web AI Assistant for Lead Capture, Scheduling and Follow-upMy guest is Oppy Founder and CEO Alex Gustafson (@_AG).Among the questions I will ask Alex about Oppy:Oppy's Features and Functionality1. How does Oppy use AI to automate the booking process?2. Can Oppy be integrated with my existing calendar system?3. How does Oppy handle multiple bookings and avoid double-booking?4. How does Oppy's triggered SMS feature work?5. Can Oppy provide insights into customer behavior?6. How does the chat interface enhance user experience?7. How does Oppy's traffic-aware scheduling improve efficiency?8. Can Oppy handle multilingual interactions?9. How does the snappiness filter optimize appointment slots?10. Can Oppy assist with collecting and managing customer reviews?Oppy's Pricing and Additional Services11. What is included in the 100 bookings per month?12. What does "up to 1,000 AI responses per month" entail?13. What are the benefits of having up to 20 active “Oppies” (Assistants)?14. What are the benefits of the Tycoon plan vs Pay As You Go?15. How can Oppy help real estate photographers?16. How are charges calculated for bookings and AI responses above the included amount?17. What are the costs associated with additional Oppy Assistants and phone numbers?18. How does Oppy ensure a seamless user experience on mobile devices?19. Can you explain the pricing structure for blocks of bookings and AI responses?20. What is the process for requesting additional service providers?
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About Oppy (from the [Oppy website)Oppy is a 24/7 phone and web AI assistant for real estate photographers that need:✓ Lead Capture✓ Scheduling✓ SMS✓ MoreYou can set up and share Oppy within minutesOppy was built by real estate photographers tired of losing business and sleep due to mediocre response time. [Oppy is the COO you always wanted but could never afford.]Traffic Aware Instant Booking Explained (Patent Pending)Our Traffic Aware Instant Booking feature is designed to maximize your efficiency and ensure you're always on time. By considering real-time traffic conditions, Oppy schedules showings with enough buffer time to allow for travel. This means no more stress about late arrivals or rushing between appointments. Simply set your availability and let Oppy handle the rest.Snappiness (Patent Pending)We understand how important it is to fill your day with back-to-back appointments - clients don’t. Our booking interface shows clients appointment times that will snap into place before and after existing appointments. Less wasted time means more revenue.Travel Time Based Fees (Patent Pending)This feature encourages clients to book at more convenient times for you. For example, rather than book in the middle of rush hour, clients can book in the middle of the day for a lower rate.About Alex Gustafson (Provided by Alex's Oppy)Alex Gustafson is the founder and CEO of Oppy, an AI assistant designed to help businesses streamline their operations.With a background in technology and entrepreneurship, Alex has always been passionate about finding innovative solutions to common business challenges.He created Oppy with the goal of making businesses better by empathizing with clients, answering questions, qualifying leads, scheduling appointments, and more.Alex believes in the power of AI to transform the way businesses operate, and he's committed to making Oppy a tool that businesses of all sizes can use to improve their efficiency and effectiveness.Contact Info✓ Oppy Founder and CEO Alex Gustafson✓ Phone: 707-309-7373✓ Email: Alex@Oppy.Pro✓ Website: www.Oppy.Pro

Thursday Feb 15, 2024

5 Reasons Matterport News Today (15 Feb. 2024) is Great News for Matterport Service ProvidersCommentary and Analysis byDan SmigrodFounder and Managing EditorWe Get Around Network | WGAN-TVIf you read all the Matterport news (and related links) announced today (Thursday, 15 February 2024), it may make your head spin:✓ Matterport Launches Property Intelligence: Transforming Real Estate and Property Management with AI and AutomationWhile most (if not all of these features) have been in public beta (or previously announced as coming in 2024) and reported (and discussed) in the We Get Around Network Forum, the official launch announcement should mean more money for Matterport Service Providers:1. Matterport features as a competitive advantage to other 3D/360 hosting platforms2. Additional Add Ons to offer (for more money)3. Additional learning curve means more companies outsourcing Matterport to experts (that stay current)4. More companies interested in using Matterport (particularly enterprise, AEC, Facilities Management)5. Charge more for Matterport digital twins (for AEC, Facilities Management and Commercial Real Estate)Examples1. Matterport features as a competitive advantage to other 3D/360 hosting platforms✓ Business Card✓ Quick Link✓ Mini-Map✓ Automatic room labels✓ Automatic room dimensions✓ Property Report2. Additional Add Ons to offer✓ Generate BIM files directly from Matterport digital twins✓ Generate CAD files directly from Matterport digital twins✓ Generate E57 files directly from Matterport digital twins✓ Faster turnaround on CAD files (in three business days): including drawings3. Additional learning curve means more companies outsourcing Matterport to experts (that stay current)✓ How to use Matterport as a punch list communications tool (Tags to coordinate among team)✓ How to use Matterport in design and construction projects for estimating renovation costs✓ Understanding all the Matterport features (and how to implement)4. More companies interested in using Matterport✓ Sync with Procore✓ Sync with Autodesk✓ Save 50 percent on travel (AEC, Design and Build, Construction)✓ Integrates with AWS✓ Remote Training5. Charge more for Matterport tours (for AEC, Facilities Management and Commercial Real Estate)✓ Matterport color floor plans✓ Matterport floor plans with -- or without -- furniture✓ Add client logo to Matterport floor plans✓ Bundle Matterport digital twin delivered with BIM, CAD and E57 filesThe enhanced Matterport features launched today (15 February 2024) - many made possible by integrating AI to enable automation - will help Matterport Service Providers offer and deliver more value to customers and make more money.The additional value-add features announced and implemented by Matterport will also grow the space for digital twins resulting in more business for Matterport Service Providers including verticals beyond residential real estate.What are your thoughts?

Thursday Feb 15, 2024

Matterport Launches Property Intelligence: Transforming Real Estate and Property Management with AI and AutomationLeveraging years of innovation in spatial data and AI, Matterport's new suite of AI-powered features revolutionizes property analytics, enhancing Marketing, Design, Construction, and Facilities Management solutions.SUNNYVALE, California, Thursday, February 15, 2024 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR), is today launching Property Intelligence, a collection of AI-powered features that provides customers with access to automated measurements, layouts, editing, and reporting capabilities generated from a Matterport digital twin of their property. The result of years of advancements in spatial data, computer vision, and deep learning, Property Intelligence unlocks information and data about a property that has never been so easily available thanks to the power of automation and AI at Matterport. These new features bolster the company’s Property Marketing, Design and Construction, and Facilities Management solutions for automating key elements of home listings, construction projects, and factory floor operations.“Since day one, our mission has been to fundamentally transform how people understand and access the built world. Our 3D digital twin technology set the industry standard for the virtual tour, and now we’re delivering unprecedented information and customization capabilities to our customers for any type of property anywhere in the world,” said RJ Pittman, Chairman and CEO, Matterport. “Across the globe, Matterport serves nearly one billion virtual tours each year to let people walk through their potential dream home, manage a chain of retail stores, or operate their manufacturing facilities remotely. Our advancements in AI, automation, and property insights save our customers valuable time and help them make smarter decisions for their businesses and better serve their clients.”As part of Matterport's Winter 2024 Release: Automating the Future, the company is introducing a series of new Showcase plugins that streamline property navigation and expert connections for users. Compass and Minimap plugins help visitors intuitively navigate large spaces with new visual cues, while the new Business Card and Quick Link plugins provide key contact details and additional property information inside the digital twin experience. Real estate agents can brand virtual tours, while property and facility managers can insert key information in the form of a card anywhere in the virtual space, including operations manuals, restaurant menus, reservation pages, and more.To better serve real estate agents and property marketers, Matterport has upgraded its RICS-standard schematic floor plans with options such as color floor plans, branding, multiple languages, and the ability to add or remove furniture. These new floor plans help agents attract qualified buyers while saving time by reducing site visits.Announced in beta last December, the Matterport CAD file add-on is now available, which converts Matterport digital twin point clouds into editable CAD drawings for any space in several formats, including DWG and DXF files. This add-on introduces a powerful CAD file export feature, offering construction and design teams a seamless solution to the traditionally labor-intensive tasks of documenting existing conditions and manually tracing files. The CAD file add-on streamlines the process of as-built documentation and speeds up project timelines.Matterport is also sharing a preview of Project Genesis, the company’s upcoming generative AI release that leverages the organization’s experience in machine learning and AI to automatically reimagine and redesign a space within the digital twin. Initially, customers will be able to de-furnish an entire space, remove items from the property, or clean out the clutter. Next, customers will be able to reimagine an entire property with AI-generated interior design styles and furnishings. Project Genesis, leading the transformation of the digital twin and built world itself, is slated to enter its first beta with select customers later this year.To learn more about the new capabilities and features, explore the 2024 Winter Release and read our blog.

Thursday Feb 08, 2024

Why does your real estate photography business need an all-in-one platform and a white-label app?Stay tuned!On WGAN-TV Live at 5 on Thursday, 8 February 2024, my guest is HDPhotoHub Founder and CEO Herb Dierks (@Herb_HDPhotoHub). Our topic:WGAN-TV | Intro to HDPhotoHub All-in-One Platform and White-Label App for Real Estate PhotographersHerb will show and tell us about HDPhotoHub, including:✓ Why is HDPhotoHub the platform real estate photographers can trust?✓ What services are included in the HDPhotoHub all-in-one platform?✓ A deeper dive into Ordering and scheduling-- customizable shopping cart and order form-- Stripe or Square payment processing integration-- custom pricing features-- service areas-- automate your workflows-- sales and payment reports-- smart scheduling and appointment management-- drive times and shoot duration-- mileage tracking-- Google Calendar integration-- special invoicing✓ A deeper dive into your white-label app-- book new shoots-- reschedule existing shoots-- pay an order balance-- download media to phone camera roll, no zip files-- edit marketing kit materials-- directly share photos and marketing materials via social, SMS and email✓ A deeper dive into The Marketing Kit-- automatically enhance your media deliveries-- fully automated-- branded to your business-- editable and shareable-- property websites-- videos-- social media graphics-- teaser videos-- property flyers-- analyticsContact HDPhotoHub1. Book a HDPhotoHub Demo2. Create a HDPhotoHub Account3. Email: Support@HDPhotoHub.com4. Phone: 509-515-3338

Thursday Feb 08, 2024

Visiting Media and Matterport Digital Twins Redefine Hospitality Sales With Immersive Media in Multi-Year AgreementSUNNYVALE, California, Thursday, February 8, 2024 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR), the leading digital twin platform to access, understand, and utilize properties, announced an agreement with Visiting Media, a global leader in immersive sales enablement and channel distribution solutions for the hospitality sector.Visiting Media serves tens of millions of users around the globe, supporting the world’s largest hospitality brands including Hilton, Hyatt, IHG Hotels and Resorts and more. With this new agreement, Visiting Media deepens its use of Matterport’s Digital Twin Platform and Property Marketing solution as the 3D technology of choice for the thousands of hotels it supports.In collaboration for years, Visiting Media has amplified the application of Matterport’s digital twins for virtual tours of more than 17,000 spaces. With this extension of virtual tour capabilities, hospitality revenue teams can save daily hours by streamlining multiple workflows across their properties while supporting above-property teams and enhancing channel distribution capabilities. This new agreement highlights the powerful application of these technologies, working better together for the unique needs of hospitality sales and marketing teams.IDC analysts predict that by 2025, roughly 50% of travel and hospitality organizations will adopt digital twins to increase efficiency and, ultimately, bookings.1 The worldwide hospitality industry is a $4.7 trillion market according to Statista, and has historically relied on face-to-face engagements to facilitate sales, assess a property, or execute property improvement plans.2 The industry is currently undergoing a paradigm shift, with immersive technologies becoming an increasingly critical asset for the marketing and management of hotels, vacation rentals, entertainment venues, and more.Visiting Media’s sales enablement platform is a pioneering force in the hospitality industry, providing hotels the ability to differentiate their offerings through a brand-agnostic interface to swiftly craft personalized Visiting Media Experiences for every prospect and guest. This unique approach ensures quick and versatile delivery through multiple channels to meet distinct customer’s needs in a one-to-one or one-to-many approach through digital asset management and channel distribution. Integrating Matterport’s digital twins with Visiting Media’s software streamlines the access and distribution of marketing materials to empower sales and revenue teams in the competitive and fast-paced hospitality sector, enabling them to surpass revenue targets and thrive in a dynamic market.“Our commitment to excellence extends to our partnerships, and collaborating with Matterport exemplifies this dedication. At Visiting Media, we understand that offering top-notch software means aligning with best-in-class technologies to perfect workflows at and above properties,” said Ben Powers, CEO. “Integrating Matterport digital twins seamlessly into our platform is a natural progression to make immersion pragmatic and effective for our customers. We’re not just changing expectations; we're setting a new standard for what a sales platform can achieve in the hospitality industry.”
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Matterport Media Release continues in the We Get Around Network Forum:
https://www.wegetaroundnetwork.com/topic/19465/page/1/visiting-media--matterport-redefine-hospitality-sales-with-immersive-media/#1

Sunday Feb 04, 2024

WGAN-TV | Maximizing Profit with iGUIDE Instant: The Newest Real Estate Photographer's Solution==================================================================iGUIDE | iGUIDE Instant | iGUIDE PLANIX Camera System | iGUIDE on WGAN-TV Podcast Episodes==================================================================-- Are you a real estate photographer seeking an easy way to create a professional 3D virtual tour and interactive floor plan within minutes and for less than $8?Stay tuned!On Thursday, 1 February 2024 on WGAN-TV Live at 5 (5 pm ET), my guests are:1. Planitar Inc. (iGUIDE) VP of Marketing Skylar Lawrence-LeBel (@skylarlebel) and2. Planitar Inc. (iGUIDE) Product Marketing Manager Chris White (@Chris_iGuide)Our topic is:✓ Maximizing Profit with iGUIDE Instant: The Newest Real Estate Photographer's SolutionSkylar and Chris will show and tell you about iGUIDE Instant:=======================================================Example of an iGUIDE Instant 3D virtual tour with interactive floor PlanHere is the iGUIDE Instant landing page.=======================================================1. Simplicity at its best: Use the iGUIDE PLANIX camera system2. Speed like never before: It’s called “Instant” for a reason. You’ll get your 3D tour with interactive floor plans in 20 minutes or less.3. Cost-effective: The best part? You don’t have to break the bank. iGUIDE Instant delivers affordability without compromising quality. USD $7.99 per project!We will also discuss the iGUIDE PLANIX camera system that is used to create iGUIDE Instant 3D virtual tours and floor plans.Among the questions that I will ask are:1. How to create iGUIDE Instant 3D virtual tours and interactive floor plans?2. How long does it take to create iGUIDE Instant 3D virtual tours and interactive floor plans?3. How is it possible to charge USD $7.99 for an iGUIDE Instant 3D virtual tours and interactive floor plans?4. Tell us about the iGUIDE Instant interactive floor plan features.-- Room dimensions?-- Add photos and/or video?-- MLS compliant?-- Real estate agent branding?-- Analytics?5. What other floor plan options are available?6. Tell us about the iGUIDE proprietary AI technology7. Tell us about how long it takes to scan a 3,500 SQFT house8. What if my client needs floor plans to include with their listing?9. What is included in the iGUIDE Instant in addition to 3D virtual tour and interactive floor plans?10. Where in the world is iGUIDE Instant available?11. What about accuracy of the iGUIDE Instant interactive floor plans?12. I understand that iGUIDE Instant is limited to properties less than 5,000 SQFT and projects with no more than 75 scans. What if the property is bigger or I need more scans?

Thursday Feb 01, 2024

About the EpisodeIn the 256th episode of the WGAN Forum Podcast, we discuss Matterport Inc's new strategic partnership with Arcadis. This partnership aims to deliver distinct digital twins to the U.S. Public sector, through a federally compliant offering referred to as Matterport for Government. This revelation builds on Matterport's initial foray into the public sector in 2021, further revolutionizing the spatial data and digital modeling landscape. Listen in to discover Matterport's pioneering digital twin technology, and how it's making waves in the public sector.The PartnershipArcadis, a leading digital transformation services provider for the public sector, is the first to resell Matterport's digital twin platform to its U.S. customers. This offering features Matterport's three core solutions in property marketing, design and construction, and facilities management. Coupled with Arcadis' strategic backing, the partnership is set to escalate Matterport's evolution across the U.S. public sector.BeneficiariesArcadis serves major federal, state, and local agencies spanning diverse sectors, including public safety, social services, conservation, energy, and education. By integrating Matterport's digital twin platform, public sector organizations can better assess, manage, and optimize their respective spaces with improved efficiency and accessibility.Final WordsThe WGAN Forum Podcast #256 presents a comprehensive breakdown of Matterport's forward-thinking partnership with Arcadis, offering insights into the future of the spatial data and digital modeling industry. Dive in to understand how the integration of Matterport's digital twin platform will benefit the public sector and redefine the built world.

Monday Jan 29, 2024

Planitar Inc. Launches iGUIDE Instant: Revolutionizing Virtual Real Estate ExperiencesAffordable and lightning-fast: The new AI-powered solution for 3D virtual tours provides listing agents with a distinct marketing advantage.WATERLOO, Ontario, Tuesday, January 23, 2024 – Planitar Inc., makers of iGUIDE, proudly introduces iGUIDE Instant, a new solution designed to redefine the world of 3D virtual tours and interactive floor plans in real estate photography.iGUIDE Instant, an unparalleled combination of affordability and speed, seamlessly transforms property showcasing. Empowering real estate photographers with an agile workflow, it unlocks the swift creation of captivating 3D virtual tours and interactive floor plans using the iGUIDE PLANIX camera system and iGUIDE’s proprietary AI technology.By offering both an interactive floor plan and 3D virtual tour for just $7.99 USD per project, delivered in minutes, iGUIDE Instant is one of the most affordable all-in-one listing solutions available¹.“The value of iGUIDE Instant lies in its ability to deliver high-quality, immersive 3D virtual tours within minutes, at a fraction of the cost when compared to others,” explains Alexander Likholyot, the CEO and co-founder of Planitar Inc. “This empowers real estate agents to meet the growing demand for captivating virtual tours and interactive floor plans without making significant upfront investments. By leveraging iGUIDE Instant, real estate photographers can deliver their agents the ultimate marketing package even before leaving the property.”This speedy offering equips listing agents and potential buyers with an immersive property viewing experience, delivering a distinct marketing advantage over other listings in the market. As buyers highlighted in a 2023 survey, “67% wish more listings had 3D tours available.²” Beyond a better buying experience, iGUIDE Instant also positions the listing agent as a marketing leader, further enhancing their profile in their market and potentially driving more leads and referrals.“iGUIDE Instant creates an interactive floor plan and 3D virtual tour in no time”, says Nima Mohammadi, founder of RECreative Visual Real Estate Media in Maryland. “It’s fast and affordable, making it the ideal choice for my clients who need quick results.”In three simple steps, iGUIDE Instant delivers a complete listing solution:---iGUIDE media release continues in the We Get Around Network Forum
https://www.wegetaroundnetwork.com/topic/19427/page/1/planitar-inc-launches-iguide-instant-revolutionizing-3d-virtual-tours/
 

Tuesday Jan 16, 2024

Matterport Introduces High Density Scanning Precision For Its Flagship Pro3 Camera
Software-enabled high density scanning feature now in beta for all Pro3 customers to significantly increase the fidelity of 3D capture and streamline as-built modeling workflows
SUNNYVALE, California, Tuesday, January 16, 2024 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR), announced new high density scanning capabilities for Matterport’s revolutionary 3D camera, Pro3. Available now in beta, high density scanning makes as-built modeling with Matterport even easier, helping streamline workflows, minimize errors, and accelerate project timelines. This continues to widen Matterport’s lead as the best price for performance solution for outstanding imagery and high fidelity digital twin reconstruction.
“As-built” models visualize the existing conditions or current state of a building, documenting key components like ducts and pipes. As-builts, most often rendered in the form of a point cloud file, are foundational to creating Building Information Models (BIM) used in Facilities Management and Design and Construction.
With high density scanning, the Matterport Pro3 can now capture more than 5 million filtered, real depth points per scan, a sixfold increase from a standard density scan with Pro3. This software-based innovation enables incredibly precise rendering of intricate details and thin features commonly found in construction sites, commercial buildings, and other complex structures, removing a common barrier for as-built modeling at a significantly more accessible price point.
Once a space is scanned, customers can access the higher density data in the form of an E57 file, which can be imported to Autodesk rev-vit and other design and construction software.
Once signed up for the beta, Pro3 users will have three density options to choose from when conducting a scan, providing flexibility for whatever a job requires:
One. Standard Density: Captures 800,000 real depth points per scan in 20 seconds or less.
Two. Medium Density: Captures 1.5 million real depth points per scan in 45 seconds or less.
Three. High Density: Captures 5 million real depth points per scan in 2 minutes.
Existing Pro3 customers can begin using high-density scanning by joining the beta today. Learn more about which jobs are right for high density scanning on the support page.
About Matterport
Matterport, Inc. (Nasdaq: MTTR) is leading the digital transformation of the built world. Our groundbreaking digital twin platform turns buildings into data to make every space more valuable and accessible. Millions of buildings in more than 177 countries have been transformed into immersive Matterport digital twins to improve every part of the building lifecycle from planning, construction, and operations to documentation, appraisal and marketing. Learn more at: www dot matterport dot com
©2024 Matterport, Inc. All rights reserved. Matterport is a registered trademark and the Matterport logo is a trademark of Matterport, Inc. All other marks are the property of their respective owners.
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Source: Matterport via Globe Newswire

Tuesday Jan 09, 2024

Matterport’s 3D Property Marketing Solution Elevates Hospitality and Guest Experiences For The Ivy CollectionRenowned for its unique dining experiences, The Ivy Collection selected Matterport’s industry-leading 3D digital twin technology to transform the way clients preview private dining spacesSUNNYVALE, California, Tuesday, January 9, 2024 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR), announced that The Ivy Collection, one of the UK’s leading restaurant brands, selected Matterport’s 3D Property Marketing solution to help customers experience its private dining spaces virtually, to streamline event planning, and maximize customer satisfaction.The Ivy Collection offers exclusive private dining experiences across London, the UK and Ireland, featuring a range of elegant rooms capable of accommodating intimate gatherings or grand events for over 100 guests. To meet the growing demand for personalized experiences, these private spaces can be customized with bespoke decorations and tailored menus.As part of the brand revamping its website, The Ivy Collection digitized 50 of its private dining rooms with Matterport’s digital twin technology. This has allowed clients to virtually walk through the space and experience the room as it is, helping set client expectations for those unable to see the venue physically, and increasing trust among clients. This not only enhanced the client experience, but also saved the Ivy Events and Venues Team time, reducing the team’s need for physical show-rounds, cutting travel, and minimizing disruptions.Matterport’s Property Marketing solution, powered by the company’s digital twin technology, has helped customers in real estate, travel and hospitality to attract more buyers, close faster, and increase bookings. With all-in-one rich media assets produced from a single Matterport digital twin – from 3D experiences to 2D photography, and floor plans – Matterport is a one-stop shop for property marketing needs.Read the full case study with the Ivy Collection to hear more about how Matterport’s digital twins helped elevate its guest experiences.To learn about how Matterport’s Digital Twin Platform and Property Marketing solutions can help your properties stand out, visit: https://matterport.com/solutions/property-marketingAbout MatterportMatterport, Inc. (Nasdaq: MTTR) is leading the digital transformation of the built world. Our groundbreaking digital twin platform turns buildings into data to make every space more valuable and accessible. Millions of buildings in more than 177 countries have been transformed into immersive Matterport digital twins to improve every part of the building lifecycle from planning, construction, and operations to documentation, appraisal and marketing. Learn more at: www.matterport.com©2024 Matterport, Inc. All rights reserved. Matterport is a registered trademark and the Matterport logo is a trademark of Matterport, Inc. All other marks are the property of their respective owners.---Source: Matterport via Globe Newswire

Wednesday Dec 13, 2023

WATERLOO, ONTARIO & WOKINGHAM, UNITED KINGDOM, Wednesday, December 13, 2023 – MASS Information Systems, a leading provider of facilities management technology for over 30 years, and Planitar Inc., makers of iGUIDE announced a distributor partnership today.MASS Information Systems is broadening its portfolio by selling the iGUIDE PLANIX camera system in the U.K., providing an additional solution to improve operational and documentation processes for facilities management companies.“After experiencing this technology first-hand, it was easy to see the value it could bring to our current clients and beyond,” says Alastair Jeffery, Client Success Director of MASS Information Systems. “Our clients seek solutions to streamline their operations in today’s marketplace – iGUIDE does just that. Our clients can eliminate hours of manual work and enhance their collaboration across the business while significantly reducing operational costs when they incorporate iGUIDE.”A proven leader in the proptech industry, Planitar Inc. provides a quick and easy way to document a facility using the iGUIDE PLANIX camera system. Once documented, Planitar Inc. uses this data to create an iGUIDE, including a measurement-accurate floor plan and immersive virtual walkthrough with extensive property data. iGUIDE technology is the most practical way to quickly, easily and securely generate accurate property information.“We are thrilled to partner with MASS Information Systems,” says Michael Vervena, VP, Sales & Business Development of Planitar Inc. “The partnership allows us to access new markets and broaden our presence in the facility management sector. With MASS Information Systems’ extensive client base and deep reach throughout the U.K., we’re excited about growing this partnership in 2024 and the years ahead.”Given the strength of both companies’ technology and resources, MASS’ existing and prospective clients in the U.K. stand to gain a significant competitive edge by implementing iGUIDE.Clients interested in learning more about the iGUIDE PLANIX camera system can find product specifications and pricing on the MASS Information Systems website: mass-plc.com/iguideAbout Planitar (iGUIDE)Founded in 2013 in Kitchener, Ontario, Canada, Planitar Inc. is the maker of iGUIDE, a proprietary camera and software platform for capturing and delivering immersive 3D virtual tours and extensive property data. iGUIDE is the most efficient system to map interior spaces and features accurate floor plans, measurements and reliable property square footage. By integrating floor plans and visual data, iGUIDE provides an intuitive and practical way to navigate and explore built environments digitally. For more, visit: www.GOiGUIDE.comAbout MASS Information SystemsMASS Information Systems, founded by David Bolt, was established in 1992 to provide Business Management Solutions and went on to become the world’s leading provider of Computer Integrated Facilities Management (CIFM) Solutions, based on market-leading software products and award-winning services. Originally MASS Information Systems began with one product but now offers a complementary portfolio of software products and IT services which focus on improvements in business efficiency, intelligence and customer experience. For more info, visit: mass-plc.com/iguideSource: iGUIDE

Monday Dec 11, 2023

Matterport's Annual ESG Report Highlights the Importance of its Digital Twin Technology in Reducing Carbon FootprintSUNNYVALE, California, Monday, December 11, 2023 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR), today released the company’s second Environmental, Social, and Governance (ESG) report assessing the impact of Matterport’s products and programs toward driving sustainable and equitable outcomes. The report, based on 2022 data, builds on the company’s inaugural report last year as the company further establishes company-wide ESG goals and commitments.In its second year of reporting the impact of Matterport’s digital twins on reducing carbon footprint, the findings continue to demonstrate Matterport’s technology is a highly effective alternative to completing tasks that historically required travel.The ability to interact and work within spaces such as construction sites, manufacturing facilities, or simply tour a home without having to physically travel to the location has enabled people globally to work smarter and more sustainably, reducing the need for business travel and easing the strain on the environment. This has helped Matterport’s customers avoid an estimated 756,952 tonnes of carbon emissions since the company began tracking the measure in 2021.“We have made excellent progress on our agenda to deliver measurable sustainability benefits to our customers while improving our own operating efficiency through strong governance and execution ,” said RJ Pittman, Chairman and CEO, Matterport. “Matterport’s Digital Twin Platform has become a critical lever for our customers and their properties to operate more sustainably and efficiently from anywhere in the world, and our next generation of intelligent digital twins will further amplify the sustainable impact of our platform.”The company has continued to embrace its remote first workplace model to create a flexible work environment while reducing its physical footprint and increasing productivity. This has led to steady reductions in direct emissions, and a shift in the company’s supply chain management, including improving the recyclability and reusability of its cameras components.The company’s total greenhouse gas emissions increased 37% to 11,669 tonnes as a result of increased Scope 3 emissions, which are primarily accounted for on a spend-basis, with increases to outside services like advertising and consulting contributing to the overall increase.Matterport reported several updates to its Social track across Diversity, Equity and Inclusion (DEI), Employee Engagement, and Health, Benefits and Wellness, with highlights including results from the company’s first survey tracking employee sentiment of inclusion and belonging, as well as the first companywide week dedicated to community service, Matterport Cares.Additional highlights from the report included:1. Carbon Emissions Avoided: Over 2.5 million Matterport digital twins were created in 2022, helping Matterport customers avoid an estimated 382,640 tonnes of carbon emissions– totaling 756,952 tonnes since the company began tracking the measure in 2021.2. Enterprise Carbon Calculator: In 2022, the company began working with an outside carbon accounting firm to develop an emissions calculator for enterprise customers, providing a personalized view of each customer’s aggregate digital twin usage to determine cost, time and emissions savings using the Matterport Digital Twin Platform. The calculator is expected to be available in beta for Tier-1 enterprise customers by Q1 2024.3. Supply Chain Improvements: In 2022, Matterport reassessed and changed its supply chain for the Pro3 camera and its manufacturing process. Previously assembled at the company’s headquarters from more than 100 components manufactured and shipped in by multiple suppliers, the modularized Pro3 camera is now manufactured by an experienced global partner, with key critical components created in the same region to minimize our logistics carbon footprint.4. 100% Electronic Waste Recycled: In 2022, 100% of Matterport’s electronic waste was sent to a certified specialist recycling firm.5. Significantly Reduced Product Footprint: Roughly 99% of Matterport’s camera components are recoverable and reusable, while the remaining 1% that is unrecoverable is responsibly recycled. Total emissions from the Pro3 are 46% less carbon intensive than the Pro2, on a per camera basis. This is due to several factors including the Pro3 weighing less than the Pro2 and our updated supply chain that minimizes the distance between component manufacturing and camera assembly.6. Business Leadership: In 2022, Matterport received Comparably awards in seven categories, which are provided annually to companies recognized by their employees as having a strong company culture. Awards included: Best Company Compensation, Happiest Employees, Best Career Growth, Best CEOs for Diversity, Best CEOs for Women, Best Places to Work in the Bay Area and Best Company Outlook.To read Matterport’s full ESG report, visit: https://matterport.com/esgAbout MatterportMatterport, Inc. (Nasdaq: MTTR) is leading the digital transformation of the built world. Our groundbreaking digital twin platform turns buildings into data to make every space more valuable and accessible. Millions of buildings in more than 177 countries have been transformed into immersive Matterport digital twins to improve every part of the building lifecycle from planning, construction, and operations to documentation, appraisal and marketing. Learn more at matterport.com and browse a gallery of digital twins.©2023 Matterport, Inc. All rights reserved. Matterport is a registered trademark and the Matterport logo is a trademark of Matterport, Inc. All other marks are the property of their respective owners.Source: Matterport via Globe Newswire

Thursday Dec 07, 2023

What Does YELL-O! My Pee Frequently Analyst GPT have to do with the We Get Around Network Forum?Thursday, December 7, 2023Commentary byDan SmigrodFounder and Managing EditorWe Get Around Network Forum | WGAN-TV Podcast | WGAN Forum PodcastAtlanta, Georgia USAHi All,Bridging the gap between Matterport and related digital twin platforms, cameras and solutions; and frequently peeing might seem far-fetched, but they intersect in an unexpected way in my latest passion project.What does my YELL-O! My Pee Frequently Analyst, a GPT tool designed to graphically analyze and track urination patterns, have to do with the WGAN Forum?The answer lies in leveraging AI for personal and professional growth. YELL-O! was born from my personal health journey, aiming to provide clear, meaningful, data-driven insights into my frequent urination habits.YELL-O! provides 14+ different types of graphs from a pee time data file (.xlsx). The graphs and analysis offer a comprehensive data-driven view of my urination patterns. This is super-helpful for both my understanding and consultations with my Urologist and Physician Assistant (PA).Some backstory: the detailed analytics provided by YELL-O! include various metrics, from the "Number of Pee Times Per Day" to more complex analyses such as "Day-to-Day Variability" and "Comparative Analysis Pre and Post Treatment."This level of detail is invaluable in my ongoing treatment for frequent urination and in identifying potential trigger foods, events, and other factors that contribute to my frequent peeing. The data analytics help me and my Urology team understand the impact of the Percutaneous Tibial Nerve Stimulation (PTNS) treatment and my medications in context to various triggers.YELL-O! represents the intersection of AI with personal health, mirroring my aspirations for the WGAN Forum.Yes. Clearly oversharing. But discussing my journey with frequent urination is crucial in understanding the motivation behind creating YELL-O! and its connection to developing AI solutions for the WGAN Forum.This personal passion project parallels the development of a GPT for the WGAN Forum, which aims to automatically address queries based on an extensive database of 98,400+ posts covering 17,450+ topics since August 2014, including 200+ live, one-hour WGAN-TV Podcast interview/demo episodes and 250+ episodes of the WGAN Forum Podcast. That’s a lot of content to help the WGAN community succeed faster.These two AI applications, though similar in concept, differ in their dataset scale. YELL-O! analyzes a single day/time peeing data file, whereas the WGAN Forum GPT will process huge datasets from the We Get Around Network Forum, WGAN-TV Podcast and WGAN Forum Podcast.The creation of these GPTs has facilitated a better understanding of how to effectively communicate and collaborate with the WGAN Forum tech team on our ambitious GPT project for the WGAN Forum.Our vision is that the WGAN Forum AI Assistant (GPT) will automatically provide fast answers to member queries, drawing from the rich, dynamic knowledge base of the WGAN Forum, WGAN-TV Podcast and WGAN Forum Podcast.This automation aims to enhance the experience for the 15,000+ unique monthly visitors and 8,900+ registered WGAN Forum members, demonstrating the significant value of joining and engaging with the WGAN Forum community.This creates more helpful and useful content (content powers our flywheel for scaling the We Get Around Network Forum and WGAN-TV Podcast that attracts WGAN Sponsors).I would still expect WGAN Forum members to “weigh-in” with their thoughts to questions that are automatically answered by the WGAN Forum AI Assistant, but sometimes fact seeking questions just need a quick fact-based answer.The ultimate goal is to create an environment where questions are promptly and accurately answered, to help foster a thriving WGAN Forum community.As the capabilities of ChatGPT evolve, the scope of questions that can be addressed by the WGAN Forum AI Assistant will broaden. WGAN Forum members seeking specific advice, like creating floor plans from Matterport digital twins for very large spaces, will receive tailored, insightful responses, based on the collective wisdom of the community from various WGAN Forum discussions.To achieve this, we have outlined a phased approach:1. Manual Operation: Initially, I will run the WGAN Forum AI Assistant against the dataset, manually posting the responses. This will help refine our prompt structuring approach.2. Automation of Data Reading: Next, we'll automate the WGAN Forum AI Assistant to access and interpret the WGAN Forum datasets.3. Automated Responses: The WGAN Forum AI Assistant will then be programmed to automatically post answers to WGAN Forum questions.4. Broader Topic Posting: Finally, we aim to expand the capabilities of the WGAN Forum AI Assistant to cover a wider range of topics.ConclusionThe process of developing the YELL-O! My Pee Frequently Analyst GPT is helping the development process for the WGAN Forum AI Assistant.This project not only demonstrates the versatility of GPT-powered tools in diverse applications but also underscores the potential of AI in enhancing faster answers to WGAN Forum member posts, community engagement and knowledge sharing within the WGAN Forum.The YELL-O! project is more than a health management tool; it's a gateway to a more interconnected and intelligent digital ecosystem within the WGAN Forum, enriching both personal experiences and collective wisdom.What passion project are you creating that is both unrelated - and related - to your profession?---[Note: OpenAI's ChatGPT4 assisted Dan Smigrod in writing this commentary. The accompanying illustration was created by DALL-E3.]

Tuesday Dec 05, 2023

University of Manchester Taps Matterport Digital Twins to Transform Onboarding for Students in the Martin Harris Centre for Music and DramaMatterport’s Facilities Management solution helped the university develop an onboarding and training tool to virtually induct students before they can access rehearsal roomsSUNNYVALE, Calif., Dec. 05, 2023 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR), announced the University of Manchester implemented Matterport’s Digital Twin Platform for the renowned Martin Harris Centre for Music and Drama (MHC) to revolutionize the way students interact with the center, enhancing their understanding of the facilities on offer and improving their overall experience.Matterport’s Digital Twin Platform, which includes solutions for Facilities Management, Property Marketing and Design and Construction Management, provided the students with a rich and immersive virtual environment, allowing them to explore and familiarize themselves with the MHC's buildings and facilities.Using Matterport’s Pro3 camera to capture the three buildings in the MHC, and Matterport’s Facilities Management solution, which offers organizations tools for training and onboarding, the university’s Department of Music developed a virtual induction module for students to complete before they can access the rehearsal rooms.The project’s goal was to introduce students to the MHC before they had a chance to physically visit it, providing insights about the instruments available to students, who the rehearsal suites are available to, and the types of facilities and cohorts at the MHC, as well as a welcome video and snippets of different performances that have taken place at the college. To ensure students understood the information before using the space themselves, the Department of Music also produced a short quiz embedded within the learning module to help students retain the information. Successful completion of the quiz is necessary in order to gain access to the practice facilities.The university found that for students, the digital twin helped them familiarize with the space and ease apprehension. By engaging with the quiz, students gained valuable insights into their rehearsal spaces, who will care after the department’s instruments, and more. This was also beneficial for people with specific mobility requirements, as they can plan routes around the building ahead of time and locate where there are ramps, push pads, and elevators, for example."This scan and quiz has been invaluable," said Alexander Gagatsis, Director of Performance at the Department of Music, University of Manchester. "A lot of knowledge was lost during the pandemic, but now, we can slowly reintroduce students to good practice, such as how to safely store instruments, or who to contact asking for equipment. Importantly, because it takes only a few minutes to fill-out, the quiz is something that everyone can easily complete. The scan has also been invaluable as a means of showing our building to prospective applicants who are unable to attend any of our visit days."“It’s been incredible to hear the positive feedback from both faculty and students about the convenience and accessibility Matterport has provided to the Martin Harris Centre,” said Natalie Lamb, Managing Director, International, Matterport. “This use case is a wonderful expression of how our digital twin technology can go beyond the traditional uses for Matterport, acting as not only a guide, but a learning tool that students can use at any time, as much as they may need.”With the success of this project, the Faculty of Humanities eLearning team has created a Matterport Interest Group dedicated to exploring further opportunities for digital twin integration and enhancing student learning across various disciplines.To learn more about how the University of Manchester is applying digital twins to its curriculum, you can read the full case study, or access the MHC Virtual Induction here.About MatterportMatterport, Inc. (Nasdaq: MTTR) is leading the digital transformation of the built world. Our groundbreaking digital twin platform turns buildings into data to make every space more valuable and accessible. Millions of buildings in more than 177 countries have been transformed into immersive Matterport digital twins to improve every part of the building lifecycle from planning, construction, and operations to documentation, appraisal and marketing. Learn more at: www.Matterport.com©2023 Matterport, Inc. All rights reserved. Matterport is a registered trademark and the Matterport logo is a trademark of Matterport, Inc. All other marks are the property of their respective owners.Source: Matterport via Globe Newswire

Tuesday Dec 05, 2023

FloorPlanOnline®, Renowned expert in the floor plan sector, selects Urbanimmersive's 3D Video Fusion & Floor Plans as its Preferred SolutionSAINT-HUBERT, Quebec, Tuesday, December 5, 2023 (GLOBE NEWSWIRE) -- Urbanimmersive Inc. (“Urbanimmersive,” “the Company,” or “UI”) (TSX VENTURE: UI) (OTCQB: UBMRF), a leading provider of 3D digital twin solutions for real estate marketing, is pleased to announce that FloorPlanOnline, LLC (doing business as HomeDiary), a renowned expert in the floor plan sector, has selected Urbanimmersive's 3D Video Fusion and floor plan solutions as the preferred technology component for the HomeDiary platform. This collaboration has been formalized through a multi-year Value Added Reseller (VAR) agreement.Since 2005, FloorPlanOnline® has been offering high-end floor plan and photography solutions, serving as a core product for real estate marketing on the sale side of the transaction. Through its integrated HomeDiary platform, designed to assist in home maintenance, improvement, and documentation, FloorPlanOnline® also offers 3D Digital Twins services for the purchase and living side of the transaction. These services include 3D tours, videos, and floor plans that aid homeowners, property managers, home inspectors, and insurance companies in detailing key aspects of homes, including editable and shareable 3D floor plans. Annually, more than 30,000 properties are touched by the FloorPlanOnline® platform.With the escalating demand for floor plans in the real estate industry, FloorPlanOnline® is currently experiencing rapid growth. This surge is exerting pressure on operational efficiencies, necessitating the adoption of cutting-edge technologies. The decision to transition to Urbanimmersive's solution was based on an in-depth floor plan comparison study conducted by FloorPlanOnline®. Urbanimmersive has acquired the rights to publish the findings of this study, which is available on the Urbanimmersive Blog.The adoption of Urbanimmersive's 3D Video Fusion technology marks a significant shift for FloorPlanOnline®. This advanced technology will replace existing 3D Digital Twins and floor plan providers and open new channels by offering three crucial assets: 360 video content, 3D Digital Twins, and floor plans. Additionally, FloorPlanOnline® operates a substantial offshore business unit specializing in high-end floor plan drawing. Urbanimmersive plans to leverage this unit to meet the anticipated high-volume floor plan production demands arising from various business opportunities associated with the 3D Video Fusion technology."Over the years, we have used and tested virtually every floor plan scanning technology available, but we never quite found the right balance between cost, scalability, speed, ease of use, and precision. When I first heard about the 3D Video Fusion and its capability to scan an entire home in just 5 minutes, providing 360 video content, 3D Digital Twins, and 2D Floor Plans, I was initially very skeptical. However, my first trial with the technology produced results as promised, and I immediately realized that Urbanimmersive's technology would be a game-changer for our needs. I am extremely pleased that we were able to reach an agreement so quickly that fit both of our business needs, and I look forward to introducing the 3D Video Fusion technology to our clients through our value-added services that tie a dynamic 2D/3D floor plan to the home, homeowner, and connected home professional, whether it be for its use during the sale, purchase, or living phases of ownership," stated Kris Cone, Founder and CEO of FloorPlanOnline®.Ghislain Lemire, CEO of Urbanimmersive, commented: "This partnership with FloorPlanOnline marks a pivotal moment for Urbanimmersive, as it validates the strength and innovation of our 3D Video Fusion technology in the competitive real estate market. Our collaboration with a sector leader like FloorPlanOnline not only reinforces our commitment to delivering top-notch solutions but also showcases the versatility and efficiency of our technology. We are excited to see how our combined efforts will revolutionize the way real estate professionals and homeowners experience property visualization and documentation. This is just the beginning of a transformative journey in digital real estate marketing."TSX Venture Exchange has not reviewed this press release and has neither approved nor disapproved the contents of this press release.About FloorPlanOnline®FloorPlanOnline® is a privately held company with its headquarters located in Seattle, Washington, United States. Founded in 2004, the company has been offering innovative floor plan and photography solutions, catering to various sectors including real estate photography, property management, insurance, and home inspection industries. Serving many top real estate brands, FloorPlanOnline® boasts thousands of registered users and over 400,000 properties in the platform, primarily throughout the United States.About UrbanimmersiveUrbanimmersive develops and commercializes real estate photography technologies and services focused on redefining industry visual content standards. The Company all-in-one platform enables high-volume photography businesses to increase operational productivity delivering feature-rich 3D tours and floor plans, leading-edge property websites and high-resolution AI-indexed images. The Company operating segments include software (SaaS), 3D photography equipment and, in a growing number of North American cities, technology-powered real estate photography service business units leading the industry photo-shoots standards transformation. Learn more at: www.Urbanimmersive.comSource: Urbanimmersive via Globe Newswire

Sunday Dec 03, 2023

www.Urbanimmersive.com
-- Are you a busy real estate photographer that would like to get all your digital media solutions from one vendor?-- Are you seeking an all-in-solution that includes online ordering, invoicing and marketing automation?-- Would you like to pay per project instead of a monthly subscription?Stay tuned ...Watch WGAN-TV Live at 5 (5 pm ET) on Thursday, 30 November 2023 for:WGAN-TV | Intro to Urbanimmersive Services for Real Estate PhotographersGuests✓ Urbanimmersive Inc. President and CEO Ghislain Lemire and✓ Urbanimmersive Inc. Executive Vice-President François-Hugues LibergeMedia Solutions1. 3D Digital Twins - created from a 360 video camera (super-fast)2. 3D Video Fusion - 360 video immersive integrated within a 3D tour (example)3. 2D Schematic Floor Plans - created from a 360 video camera (super-fast)4. UiMeet3D - Live guided chat within a 3D Digital Twin5. Single Property Websites6 3D Pocket Website7. Premium Photo Editing8. Virtual Staging9. Media Content Delivery Page10. Printing - Photo Books and FlyersBusiness Management Solutions1. Invoicing Service2. Online Ordering and Scheduling Platform3. Appointment Route Optimization4. Photographer Payroll Service5. Customer Relationship Management (CRM) for Sales RepresentativesMarketing Solutions1. eMail Marketing Campaigns2. Automatic Marketing emails3. MarketPlaces4. Website creation and hosting for your CompanyWhat questions should I ask Ghislain and François during this WGAN-TV Live at 5 show?Best,DanUrbanimmersive WebsiteAccording to UrbanimmersiveUrbanimmersive is a comprehensive business management solution for photographers to create 3D virtual tours and property websites.Save money with the new pricing options for property websites and the 1¢/SQFT 3D tours pricing flexibilities.Connected to Urbanimmersive Marketplaces for increased visibility and access to potential new clients.Print Services for new revenue opportunities: Explore opportunities with printed turnkey services.The Urbanimmersive platform caters to photography businesses of all sizes, ranging from individual photographers to enterprises such as HomeVisit, managing over 250 photographers. It accommodates the needs of part-time agents, as well as large agents and brokers with complex payment processes.3D Tour + Floor Plan at Just 1¢/sqftIn addition to fully integrating property website creation into your business's ordering, invoicing, and delivery workflow, the Urbanimmersive platform offers the capability to process 3D tours at an exceptionally low cost of only $0.01 per square foot, ensuring that you only pay for the scan you require.For example, processing a 3D tour and floor plan for a 2,000 sqft house costs just $20. This new 3D pricing structure offers increased flexibility for selling in both small and large environments, while ensuring a higher profit margin. With no strings attached and zero monthly fee, our 1¢/sqft pricing stands as the premier market offering for acquiring both a 3D tour and a floor plan.New Single Property Website Pricing OptionsStarting at just $5 for an Urbanimmersive Pocket Website and $8 for a Urbanimmersive standard property websites, you have the ability to choose from options, ensuring you get the best value for your money.No Contracts or Monthly Fees | Unlimited Team MembersONLY PAY FOR WHAT YOU USE: A monthly subscription model often includes limitations or features you don't necessarily need. Since our establishment, Urbanimmersive has always favored the Pay-Per-Use approach. With Urbanimmersive, you pay solely for the features you use, which is especially suitable for the fluctuating demands of seasonal businesses like real estate photography. We only earn when you're actively engaged in shooting, which motivates us to provide the finest real estate photography platform available

Thursday Nov 30, 2023

SUNNYVALE, California, Thursday, November 30, 2023 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR), the leading digital twin platform to access, understand and utilize properties, and Vacasa, Inc. (Nasdaq: VCSA), North America’s leading vacation rental management platform, today announced a new multi-year partnership to leverage Matterport’s Digital Twin Platform and Capture Services.Vacasa will expand its use of Matterport’s Digital Twin Platform as an integral part of its home onboarding and guest service experiences for the tens of thousands of properties Vacasa manages.Matterport’s full-stack digital twin solutions will enable Vacasa to more efficiently and effectively capture, document and promote its listings. Each digital twin will produce an immersive virtual tour as well as high-resolution photos to deliver a consistent showcase experience across Vacasa’s rentals, all through a single capture appointment.Sourcing visual documentation through Matterport will assist Vacasa in delivering a consistent guest experience and maintaining brand consistency across its international network of listings. Vacasa will leverage Matterport’s APIs and software development kit to integrate Vacasa’s platform data with the digital twin of each listing to automate historically manual data-capture processes and improve efficiency.“Vacasa is proud to provide our owners with immersive home tours and high-quality digital photographs for each and every one of the properties under our care,” said Chief Operating Officer, John Banczak. “It’s one of the many benefits we provide to ensure their homes stand out from the rest. Matterport tours ensure guests have a full picture of what they are booking and the vacation experience they’ll have in that home—whether that is simply understanding the layout of the home for family and friends to addressing if the home meets accessibility needs.”“Matterport is the only all-in-one solution to both market and optimize a global network of properties,” said Jay Remley, Chief Revenue Officer, Matterport. “Our work with Vacasa demonstrates our ability to deliver value throughout the property life cycle, from marketing to operations, and ultimately the customer experience–all made possible by the investments we’ve made in our digital twin platform for promoting and operating properties anywhere in the world.”Matterport is the industry standard for marketing properties, helping people and businesses across industries such as real estate, travel, hospitality and entertainment increase engagement and sales. To learn more about how Matterport can support your organization’s property marketing, management or design needs, visit: Matterport.comAbout MatterportMatterport, Inc. (Nasdaq: MTTR) is leading the digital transformation of the built world. Our groundbreaking spatial data platform turns buildings into data to make nearly every space more valuable and accessible. Millions of buildings in more than 177 countries have been transformed into immersive Matterport digital twins to improve every part of the building lifecycle from planning, construction, and operations to documentation, appraisal and marketing. Learn more at: www.matterport.com©2023 Matterport, Inc. All rights reserved. Matterport is a registered trademark and the Matterport logo is a trademark of Matterport, Inc. All other marks are the property of their respective owners.---Source: Matterport via Globe Newswire

Thursday Nov 16, 2023

Matterport’s RJ Pittman Named Among Inman's Top Proptech Entrepreneurs In 2023Award reflects Matterport’s central role in shifting the real estate industry online, reshaping how people buy, sell, rent, and manage their properties digitallySUNNYVALE, California, Thursday, November 16, 2023 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR) announced that its Chairman and CEO, RJ Pittman, was recognized in Inman's 2023 Best of Proptech Awards, which highlights the achievements of companies and leaders transforming the residential real estate industry.The real estate industry is in the process of a transformational evolution as millennial and Gen Z buyers demand digital-first home buying and selling experiences. Matterport’s digital twins have played a central role in bringing the real estate industry online, reshaping how people buy, sell, rent, and manage their properties digitally. Matterport’s evolution from an immersive 3D virtual tour software into a powerful digital twin platform rich with AI is unlocking unprecedented property insights for the real estate marketplace that can provide better home valuation data and more decision making information than has ever been available previously.“For more than a decade Matterport has been a catalyst across the real estate industry, pushing the sector toward digitization,” said RJ Pittman, Chairman & CEO, Matterport. “This award is a reflection of the collective impact the entire Matterport team has made to accelerate this transformation. There has never been a better time to be at the intersection of technology and real estate, and we are more optimistic than ever about our opportunity to make every property more valuable and accessible by bringing them all online.”Matterport’s expertise in AI and data science are leading the digitization of the real estate industry, automating historically labor intensive and time consuming tasks like manual measurements and reporting by automatically processing the millions of 3D data points captured in Matterport digital twins.To learn more about Matterport’s Digital Twin Platform and its solutions for property marketing, facilities management, or design and construction management, visit: www.matterport.com.About MatterportMatterport, Inc. (Nasdaq: MTTR) is leading the digital transformation of the built world. Our groundbreaking digital twin platform turns buildings into data to make every space more valuable and accessible. Millions of buildings in more than 177 countries have been transformed into immersive Matterport digital twins to improve every part of the building lifecycle from planning, construction, and operations to documentation, appraisal and marketing. Learn more at: www.matterport.com©2023 Matterport, Inc. All rights reserved. Matterport is a registered trademark and the Matterport logo is a trademark of Matterport, Inc. All other marks are the property of their respective owners.---Source: Matterport via Globe Newswire

Tuesday Nov 14, 2023

Matterport Media Release---Matterport & Belden Enter Global Alliance to Digitize Built Environments For Networking and ConnectivityMatterport will become a part of Belden’s edge-to-cloud solution stack, bringing the visualization, spatial data and developer tools of Matterport’s 3D Digital Twin Platform to Belden’s secure data acquisition, transmission, orchestration and management solutionsSUNNYVALE, California, Tuesday, November 14, 2023 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR), the leading 3D digital twin platform for the built world, and Belden Inc. (NYSE: BDC), a leading global supplier of network infrastructure and digitization solutions, have announced a new partnership intended to deliver 3D digital twin-powered connectivity solutions for facilities management across industrial automation, smart buildings, broadband and more.According to research from McKinsey, 70 percent of C-suite technology executives at large enterprises are exploring and investing in digital twins.1 As industrial leaders embrace the benefits of digitizing physical systems and real-world assets, the combined expertise of Belden’s network solutions and Matterport’s 3D Digital Twin Platform for facilities management will enable businesses around the world to support their Connected Worker initiatives with tools to more effectively manage their physical environments across asset performance, production monitoring and sustainable manufacturing.2Matterport digitizes roughly one billion square feet of physical space per month in photorealistic 3D. This has enabled organizations around the world to remotely operate physical facilities more cost efficiently, while reducing strain on the planet. As of the company’s latest ESG report, Matterport has helped its customers avoid an estimated 374,312 tons of CO2 from being emitted through reduced business travel.3Through this agreement, Matterport will become a part of Belden’s edge-to-cloud solution stack, bringing the visualization, spatial data and developer tools of Matterport’s 3D digital twins to Belden’s secure data acquisition, transmission, orchestration and management services. With both companies a part of the Amazon Web Services (AWS) Partner Network, Matterport and Belden will also work closely with the leading cloud provider to deliver new solutions that support customers throughout their operational transformation efforts.“Belden’s Partner Alliance Ecosystem Program was created with the goal of identifying technologies and services that add unique value to Belden’s customers,” said Anne Vondrak, Senior Director, Ecosystem Partner Programs at Belden. ”With Matterport’s immersive digital twins, Belden customers will have even greater visibility into their networking environments to manage them more sustainably and securely– from wherever they are.”“While Matterport has spent the last decade digitizing the built world, Belden has spent over a century building the infrastructure that connects people and businesses around the world today,“ said Jay Remley, Chief Revenue Officer, Matterport. “As organizations shift toward cloud-based facilities management, Belden and Matterport’s combined technologies will streamline the connection between workers and their equipment, improving the health, safety and efficiency of manufacturing workforces.”Learn more about how Matterport and Belden can support your facilities management and network infrastructure needs: www.matterport.com/belden-contactAbout MatterportMatterport, Inc. (Nasdaq: MTTR) is leading the digital transformation of the built world. Our groundbreaking spatial data platform turns buildings into data to make nearly every space more valuable and accessible. Millions of buildings in more than 177 countries have been transformed into immersive Matterport digital twins to improve every part of the building lifecycle from planning, construction, and operations to documentation, appraisal and marketing. Learn more at: www.matterport.com©2023 Matterport, Inc. All rights reserved. Matterport is a registered trademark and the Matterport logo is a trademark of Matterport, Inc. All other marks are the property of their respective owners.Footnotes:1 Digital twins: From one twin to the enterprise metaverse | McKinsey2 The connected worker | Deloitte3 Environmental, Social & Governance | Matterport---Source: Matterport via Globe Newswire

Tuesday Nov 07, 2023

Matterport Introduces CAD File Add-On, a One-Click CAD Creation Tool To Simplify Design WorkflowsComing soon, the new add-on feature will produce editable CAD drawings direct from Matterport digital twins, reducing design and documentation timeSUNNYVALE, California, Tuesday, November 7, 2023 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR), announced in advance of Autodesk University, a new CAD file add-on that will enable the simple creation of CAD files directly from Matterport digital twins to speed up design workflows using Matterport.Nearly 70% of rework in the construction industry is caused by design changes, errors, or omissions, making documentation a critical part of any new project to verify construction is being performed to standards and according to design.1Most design processes begin with Computer-Aided Design (CAD) drawings, however accurate drawings are often time-consuming and difficult to produce, requiring professionals specially trained in surveying and modeling to execute.Historically, Matterport has only delivered CAD files as part of its BIM file add-on, however for projects that don’t require the level of detail of BIM, this added unnecessary time and cost to a project. With the new CAD file add-on, Matterport customers can reduce design and documentation time through a one-click solution producing editable CAD drawings from Matterport point clouds.The CAD file add-on package will include:1. .DWG CAD format of floor plans and reflected ceiling plans (AutoCAD 2020 version)2. .DXF exported from .DWG3. PDF of all floor plans and reflected ceiling plans4. .RCS Point Cloud File5. .CTB file of plot styles for CAD
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Matterport media release continues in the We Get Around Network Forum (www.WGANForum.com):
https://www.wegetaroundnetwork.com/topic/19226/page/1/matterport-to-offer-cad-file-add-on-a-one-click-cad-creation-tool-2024/

Monday Nov 06, 2023

Matterport Announces Third Quarter 2023 Financial Results Above Guidance, Raises 2023 Outlook1. Q3 subscription revenue reached record $22.9 million, up 20% year-over-year2. Q3 total revenue of $40.6 million, above high end of guidance range3. Q3 GAAP loss per share of $0.15 and Non-GAAP loss per share of $0.04, above high end of guidance range4. Q3 cash used in operations improved 62% year-over-year5. Company raises 2023 revenue and Non-GAAP loss per share guidance==============================================Matterport Slide Deck | 3Q23 Financial Results==============================================SUNNYVALE, California, Monday, November 6, 2023 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR) (“Matterport” or the “Company”), the leading spatial data company driving the digital transformation of the built world, today announced financial results for the quarter ended September 30, 2023.“I’m pleased to report standout third quarter results with both revenue and loss per share surpassing the high end of guidance. Total revenue for the quarter grew to $40.6 million, fueled by strong uptake from enterprises and SMBs. Subscription revenue jumped 20% year-over-year, to a record $22.9 million, underscoring the growing trust in our platform to boost productivity and cut operational costs,” said RJ Pittman, Chairman and Chief Executive Officer of Matterport. “As our business continues to grow we are succeeding in generating economies of scale that drive steady improvements in our bottom line, as reflected in our strong earnings beat this quarter. We aim to compound this trend with our recently announced AI-powered property reports and insights currently in Beta,” Pittman added.“Revenue growth, combined with an 800 basis point increase in gross margin and a 15% improvement in operating expense, drove our Non-GAAP loss per share to $0.04, above the high end of our guidance range and a 56% year-over-year improvement,” said JD Fay, Chief Financial Officer of Matterport. “Along with a 62% reduction in cash used in operating activities, these results highlight that we are improving our operating efficiency while continuing to fund our innovation engine to drive top line growth. This strong quarter on the top and bottom lines confirms that we are firmly on our accelerated path to profitability, which we remain confident in achieving next year.”Third Quarter 2023 Financial Highlights1. Total subscribers increased to 887,000, up 35% year-over-year2. Spaces under management increased to 11.1 million, up 28% year-over-year3. Total revenue of $40.6 million, up 7% year-over-year4. Subscription revenue of $22.9 million, up 20% year-over-year5. Annualized Recurring Revenue (ARR) exiting the third quarter was $91.4 million6. Net loss of $0.15 per share7. Non-GAAP net loss of $0.04 per share, a 56% improvement year-over-year8. Cash used in operating activities was $15.5 million, an improvement of 62% year-over-yearRecent Business Highlights1. Introduced the next generation of intelligent digital twins with powerful new capabilities fueled by the company’s rapid advancements in AI and data science. Now in beta, customers can access automated measurements, layouts, editing, and reporting capabilities generated from their digital twins. Automation marks a significant breakthrough, saving customers time and resources by eliminating the need for manual measurements and reporting by automatically processing the millions of 3D data points captured with a Matterport digital twin.2. Announced its latest collaboration with Procore Technologies Inc., a leading global provider of construction management software, expanding Matterport’s platform ecosystem support for design and construction management software services. Building on the companies’ original integration, Procore users can now use features such as Requests For Information, Observations, and Coordination Issues directly within Matterport’s photorealistic 3D digital twins, creating a visual system-of-record for site conditions that anyone on a project can track.3. Announced it has become an Autodesk Premium Partner, deepening the relationship on digital twin collaboration for design & construction. Membership as an Autodesk Construction Cloud® Premium Partner helps bring Matterport’s 4K digital twins to even more construction professionals. Autodesk Construction Cloud is a portfolio of software services that combines advanced technology, a builders network and predictive insights for construction teams.4. Highlighted case studies for Danone and Siemens. Using Matterport Pro3 cameras, Danone captured its facilities in rich 3D imagery in immersive digital twins. Once given access, authorized users can now virtually visit and walk around the production site using a standard computer or mobile device to view the digital twins. The result is reduced travel with a 50% decrease in in-person site visits by company personnel, saving hundreds of employee hours annually. Siemens has captured thousands of square meters of its manufacturing plants overseas. The high-resolution digital twins enable Siemens personnel to meet virtually with new and existing customers to discuss the company’s manufacturing capabilities in exquisite detail.5. Announced its partnership with Equinox Technologies, a distributor of global technologies and Managed Security Services to offer Matterport’s digital twin platform to Government, Enterprise and Small-to-Medium sized customers out of its offices in the United Arab Emirates, India, Oman, Saudi Arabia, and South Africa. The Company also announced that it is significantly expanding its presence in Latin America, partnering with CompuSoluciones, one of the largest value-added distributors of technology in the region, as a key distributor of Matterport’s digital twin technologies in Mexico and Colombia.6 Announced it has captured the restored Aso Shrine Gate and surrounding shrine area as part of an initiative to document and reproduce Japanese cultural assets and historical buildings as 3D digital twins.
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Matterport media release continues in the We Get Around Network Forum (www.WGANForum.com):
https://www.wegetaroundnetwork.com/topic/19220/page/1/matterport-3q23-subscription-revenue-229-million-up-20-year-over-year/

Thursday Nov 02, 2023

-- Before you buy a Matterport Pro2 or Pro3 Camera, do you want to see the post-production workflow for a Matterport tour?-- Are you ready to use Matterport Workshop for the first time and would like to see a deep-dive demo?Stay tuned …On WGAN-TV Live at 5 (5 pm ET) on Thursday, 2 November 2023, our training show:WGAN-TV | Intro to Matterport Workshop Post-production for First-time Matterport Pro2 and Pro3 UsersOur Subject Matter Expert is Scan Your Space (a Division of Sparks Media Group) Founder and CEO Tom Sparks @ScanYourSpaceBy the end of this Matterport Workshop Training show, you will know how to publish a branded pubic Matterport virtual tour that has a Highlight Reel and sharing link.Specifically:1. How to set the starting point of the Matterport tour2. How to add Matterport labels3. How to add Matterport MatterTags4. How to create a Matterport Highlight Reel5. How to add Matterport Notes6. How to take snapshots in the tour so that you can download photos7. How to download an auto-generated Matterport video8. How to trim "spray" (top, side and top)9. How to publish a Matterport tour (public, unlisted, password protected)10. How to publish a Matterport tour (branded, unbranded, MLS friendly)11. How to share a Matterport tour via social media (such as Facebook and LinkedIn)12. How to change the details on a Matterport tour13. How to create Matterport folders and move Matterport tours into folders14. how to enable Matterport social sharing and VR sharing15. How to order Matterport schematic floor plans16. How to order a Matterport MatterPak Bundle17. How to enable Matterport tours for Content Distribution for Real Estate18. How to publish Matterport tours to: Redfin.com, Realtor.com and Homes.com19. How to publish a Matterport tour to Google Street View20. How to invite a Collaborator to a Matterport tour or folder (and a best practice tip Matterport will likely not tell you)21. How to enable Matterport automatic face blurring and manual blur brush22. How to enable Matterport Guided Tour Story Mode23. How to enable Measurement mode (and to set measurements to feet/inches or metric)24. How to enable VRBO and HomeAway 360 Virtual Tours25. How to review space statistics26. (and more!)Tom will first show the finished tour and then how he created it.Now, when you receive a Matterport notification that your first Matterport scan has been processed, you'll know what to do!

Wednesday Nov 01, 2023

Matterport Donates Pro2 Cameras to Support School Safety and Tech EducationDonation empowers non-profit Secured My Schools with the technology to create digital twins of schools and public spaces to improve safety protocols and emergency responseSUNNYVALE, California, November 1, 2023 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR) announced its support of Secured My Schools (SMS), a visionary nonprofit dedicated to enhancing the safety of educational facilities through innovative 3D digital twins.SMS was founded by Dr. Maria Bell in response to the tragic events in Uvalde, Texas, in 2022. Dr. Bell recognized the urgent need for schools and local law enforcement to have access to advanced tools and resources to more effectively prevent and manage crises on school campuses.SMS’s groundbreaking approach uses Matterport digital twins – interactive and dimensionally accurate 3D models – of educational facilities in order to improve safety protocols and emergency response capabilities. In partnership with local law enforcement and emergency response teams, SMS trains high school students how to create a 3D model of their school, edit the model, identify vulnerabilities and develop strategies to address them - providing students with valuable tech skills and safety education. These digital twins provide a comprehensive layout of the school, locations of items like fire extinguishers or alarms, the types of door locks, and other essential information that helps first responders act quickly and effectively. The result is an interactive and accurate map of the school that can be used by first responders in any type of emergency to significantly improve safety and response times.“In the face of ongoing school safety concerns and the unfortunate prevalence of gun violence in our educational institutions, it’s imperative to embrace innovative technologies that improve the safety of our communities,” said Dr. Bell, founder and CEO of Secured My School. “Matterport’s digital twins are proven to be an effective solution for modernizing response operations and protocols. Our partnership has not only enabled us to service more schools, but also teach students valuable skills to build and create with 3D technologies.”This donation reflects Matterport’s ongoing commitment to support creative and innovative organizations that demonstrate equitable solutions toward building community resilience through access to spaces through digital twins. As part of Matterport’s Exploration to Equity program, the company partners with qualifying US-based 501(c)(3) non-profit organizations, K-12 public schools, and public universities to bring historically or socially significant spaces to life through the Matterport Digital Twin Platform.“We’re proud to support and partner with Secured My School to help communities become stronger, inclusive and more resilient through deeper access and understanding of the buildings and spaces they inhabit,” said Qadira Harris, senior director of Global Responsibility. “We’re particularly inspired by the work SMS is doing to train students to build, create and innovate with 3D technologies, creating future career and educational pathways while providing an invaluable service to their communities.”More information about Matterport’s Exploration to Equity program is available at:1. Matterport Website (Social Impact)2. Secure My SchoolAbout MatterportMatterport, Inc. (Nasdaq: MTTR) is leading the digital transformation of the built world. Our groundbreaking spatial data platform turns buildings into data to make nearly every space more valuable and accessible. Millions of buildings in more than 177 countries have been transformed into immersive Matterport digital twins to improve every part of the building lifecycle from planning, construction, and operations to documentation, appraisal and marketing. Learn more at matterport.com and browse a gallery of digital twins.©2023 Matterport, Inc. All rights reserved. Matterport is a registered trademark and the Matterport logo is a trademark of Matterport, Inc. All other marks are the property of their respective owners.---Source: Matterport via Globe Newswire

Wednesday Nov 01, 2023

Commentary by:RJ PittmanChief Executive OfficerMatterportThe compensation model for agents in the U.S. real estate industry has shown remarkable stability, maintaining its structure for more than a century. This recent verdict adds to the growing spotlight over US residential real estate commission structures, and underscores the significant evolution unfolding within the sector as digital innovations continue to break down the traditional barriers in the homebuying process. Matterport has long been at the forefront of change, providing 3D virtual tours that empower both buyers and sellers. This technology enhances and streamlines the home buying journey, offering a comprehensive digital experience rich with insights, data, and tools for informed decision-making, surpassing what is typically possible through traditional, in-person engagements.As we navigate these industry changes, Matterport stands as a valuable ally and tool for agents, brokers, buyers and sellers, reinforcing our commitment to fostering an open and mutually beneficial relationship with the real estate industry. This ensures that as the landscape transforms, agents are well-equipped to thrive and continue delivering exceptional value to their clients with the most innovative tools on the market to meet the expectations of today’s digital-first home buyers.Buyer demographics are rapidly changing as younger Gen Z and Millennial buyers increasingly drive the market with over $10 trillion in spending power and expect the online purchase experience to be seamless, even for homes. Our data shows:1. Homes sell 25% faster and buyers spend up to 300% more time on a property listing when it has a 3D tour attached2. 71% of buyers said they would purchase a home sight unseen if the listing has a 3D tour3. 82% of sellers would switch to an agent offering 3D tours vs. only 2D photosMatterport’s technology ignited the largest generation of home buyers ever, by turning homes and properties into data. Data and insights that provide much more information about a property and deliver greater confidence and transparency to buyers while empowering sellers to drive increased interest to their listings. These buyers and sellers have quickly embraced the 3D tour and new digital property insights as the new standard. It is technologies such as these that are essential for realtors to stay ahead of the changing tide, and deliver more value to clients in the increasingly competitive market for agents and brokers.This stands as a testament to the value of the digital property innovations, and it's a significant factor in Matterport's expanding presence in listings. This is particularly noteworthy given the nearly 15% contraction in U.S. residential real estate transactions over the past year, highlighting Matterport's resilience and the trust that the real estate community places in our solutions. We look forward to helping our partners across the industry navigate the future with a set of industry-leading digital property marketing tools that are now more vital and cost-effective than ever.---Source: Matterport via Globe Newswire

Tuesday Oct 31, 2023

Matterport Wins Best SaaS Product for Real Estate & Property ManagementMatterport's transformative AI technology, Property Intelligence, automatically generates breakthrough property data and insights for property professionals around the worldSUNNYVALE, California, Tuesday, October 31, 2023 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR) Property Intelligence, the company’s proprietary AI solution to analyze real estate properties at scale, has been named 2023’s Best SaaS Product For Real Estate & Property Management by the International SaaS Awards.Introduced last year, Matterport's Property Intelligence revolutionizes property assessments, providing a fast, scalable and superior solution to today’s costly on-site evaluations conducted by professionals. Building on over a decade of experience in 3D data manipulation, Matterport enables customers to utilize its cutting-edge AI to generate reliable property insights and data with unmatched precision.For home shoppers, these innovations offer new insights into a property’s potential, while eliminating repeat visits to prospective properties, and the extra back-and-forth between buying and selling agents, while property marketers and managers can radically simplify the process of buying, selling, or managing a property with these tools.Home buyers gain unprecedented insights into a home’s potential and can forego multiple property visits and constant agent coordination, thanks to these important innovations. Meanwhile, property marketers and managers can simplify the buying and selling process with all of this powerful information at their fingertips.Last year, Matterport’s Property Intelligence helped create a new category in Airbnb’s 2022 Winter Release. Using just the Matterport digital twin, this first-of-its-kind technology partnership analyzed and verified a collection of Airbnb homes to ensure they met accessibility standards for guests with mobility needs. The collection, called Adapted, features listings that have step-free entrances to the home and to one or more bedrooms and bathrooms, in addition to at least one accessibility feature in the bathroom. The Adapted category now features over 1,100 listings around the world, including unique homes such as a treehouse in Brazil and a houseboat in Florida.In September, Matterport opened access to the next set of features in its Property Intelligence offering as part of a new beta program that automatically generates complete property measurements, room labels, 2D layouts, and property reports. The automation of these functions marked a significant breakthrough for property assessment technology by eliminating the need for time-consuming, tedious, manual measurements and reporting.This marks just the beginning of Matterport’s plans for Property Intelligence in the months and years to come, all aimed squarely at the company’s mission to make every space more valuable and accessible.To sign up for the beta program and experience these new features firsthand, [Matterport customers can] visit: My.Matterport.comAbout MatterportMatterport, Inc. (Nasdaq: MTTR) is leading the digital transformation of the built world. Our groundbreaking spatial data platform turns buildings into data to make nearly every space more valuable and accessible. Millions of buildings in more than 177 countries have been transformed into immersive Matterport digital twins to improve every part of the building lifecycle from planning, construction, and operations to documentation, appraisal and marketing. Learn more at matterport.com and browse a gallery of digital twins.©2023 Matterport, Inc. All rights reserved. Matterport is a registered trademark and the Matterport logo is a trademark of Matterport, Inc. All other marks are the property of their respective owners.---Source: Matterport via Globe Newswire

Monday Oct 30, 2023

Matterport Announces Collaboration with Stockperks to Offer Rewards for Retail Investors
 
Collaboration brings Matterport onto Stockperks’ platform, facilitating community-building and seamless perk redemption for Matterport’s investors
 
SUNNYVALE, California, October 30, 2023 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR), the leading digital twin platform to access, understand, and utilize properties, and Stockperks, the premier retail investor engagement company, announced today the launch of the Matterport Shareholder Rewards Program on the Stockperks app.
 
To kick off the program, retail shareholders who leverage the Stockperks app can obtain discounts on a Matterport subscription and a free Axis device. Additional perks are available for a limited time and will be updated on an ongoing basis. Investors should visit the Stockperks app for more details on how to claim Matterport shareholder perks.
 
Since its founding in 2011, Matterport’s pioneering technology has set the standard for digitizing, accessing and managing buildings, spaces and places online. The Company’s innovative software platform, spatial data library, and 3D capture technology have broken down the barriers that have kept the largest asset class in the world, buildings and physical spaces, offline and underutilized for many years. The digitization and datafication of the built world can continue to unlock significant operational efficiencies and property values, and Matterport is a leading platform to lead this enormous global transformation. With approximately 10.5 million spaces under management and 33 billion square feet digitized as of June 30, 2023, Matterport is continuing to penetrate the estimated $327 trillion global building stock and expand its footprint across various end markets, including residential and commercial real estate, facilities management, retail, architecture, engineering and construction, insurance and repair, and travel and hospitality.
 
“We’re excited to partner with Stockperks and provide our retail investors an opportunity to experience Matterport solutions firsthand, enhancing their understanding of the company and providing a new way for us to connect with retail shareholders directly,” said JD Fay, Chief Financial Officer of Matterport.
 
“We are incredibly pleased to partner with Matterport, a leader in the digital transformation of the built world. Adding retail shareholder benefits is a testament to Matterport’s commitment to all of its investors,” said Agnies Watson, President and Co-Founder of Stockperks. “We are honored to enable stronger connections between Matterport and its investors.”
 
About Matterport
 
Matterport, Inc. (Nasdaq: MTTR) is leading the digital transformation of the built world. Our groundbreaking spatial data platform turns buildings into data to make every space more valuable and accessible. Millions of buildings in more than 177 countries have been transformed into immersive Matterport digital twins to improve every part of the building lifecycle from planning, construction, and operations to documentation, appraisal and marketing. Learn more at: www dot Matterport dot com
 
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Source: Matterport via Globe Newswire

Sunday Oct 29, 2023

www.WGAN.info/Urbanimmersive
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-- Are you wondering how to create a 3D digital twin faster?-- And how to include 360 video in a 3D tour?-- Are you wondering how to create 2D floor plans faster?-- Or seeking a 3D tour platform without monthly fees?Stay tuned ...Watch WGAN-TV Live at 5 (5 pm ET) on Thursday, 26 October 2023 for:How to Scan with Urbanimmersive Ultra-Fast 3D Digital Twins App and 3D Video Fusion + Floor PlansGuests✓ Urbanimmersive Inc. President and CEO Ghislain Lemire and✓ Urbanimmersive Inc. Executive Vice-President François-Hugues LibergeDemo and Discussion1. watch a demo how to scan with Urbanimmersive Ultra-Fast 3D Digital Twins Scanning App (iOS) | (Android)2. see examples of 3D digital twins and 2D floor plans created with the Urbanimmersive App3. Overview of Urbanimmersive platform that includes: no monthly feesWhat questions should I ask Ghislain and François during WGAN-TV Live at 5?Best,DanUrbanimmersive WebsiteAccording to UrbanimmersiveScan a 3D tour and detailed 2D floor plan in less than 5 minutes. Furthermore, Urbanimmersive's platform enables you to utilize an upgraded version of the UiCapture iOS and Android App, designed to employ video recording scanning processes. With this enhanced version, scanning an area of 2,000 sqft will take less than 5 minutes, providing you with a comprehensive, detailed, and printable 2D floor plan. Ideal for clients seeking a floor plan exclusively, the process also generates a video-quality image resolution immersive 3D tour, offering a high-margin added value.About Urbanimmersive (Info from Urbanimmersive)Urbanimmersive is a comprehensive business management solution for photographers to create 3D virtual tours and property websites.Save money with the new pricing options for property websites and the 1¢/SQFT 3D tours pricing flexibilities.Connected to Urbanimmersive Marketplaces for increased visibility and access to potential new clients.Print Services for new revenue opportunities: Explore opportunities with printed turnkey services.The Urbanimmersive platform caters to photography businesses of all sizes, ranging from individual photographers to enterprises such as HomeVisit, managing over 250 photographers. It accommodates the needs of part-time agents, as well as large agents and brokers with complex payment processes.3D Tour + Floor Plan at Just 1¢/sqftIn addition to fully integrating property website creation into your business's ordering, invoicing, and delivery workflow, the Urbanimmersive platform offers the capability to process 3D tours at an exceptionally low cost of only $0.01 per square foot, ensuring that you only pay for the scan you require.For example, processing a 3D tour and floor plan for a 2,000 sqft house costs just $20. This new 3D pricing structure offers increased flexibility for selling in both small and large environments, while ensuring a higher profit margin. With no strings attached and zero monthly fee, our 1¢/sqft pricing stands as the premier market offering for acquiring both a 3D tour and a floor plan.New Single Property Website Pricing OptionsStarting at just $5 for an Urbanimmersive Pocket Website and $8 for a Urbanimmersive standard property websites, you have the ability to choose from options, ensuring you get the best value for your money.No Contracts or Monthly Fees | Unlimited Team MembersONLY PAY FOR WHAT YOU USE: A monthly subscription model often includes limitations or features you don't necessarily need. Since our establishment, Urbanimmersive has always favored the Pay-Per-Use approach. With Urbanimmersive, you pay solely for the features you use, which is especially suitable for the fluctuating demands of seasonal businesses like real estate photography. We only earn when you're actively engaged in shooting, which motivates us to provide the finest real estate photography platform available

Thursday Oct 26, 2023

Matterport Becomes Autodesk Premium Partner, Deepening Relationship on Digital Twin Collaboration For Design & ConstructionAs a Premium Partner, Matterport will gain access to Autodesk’s extensive go-to-market resources to nurture the development and enhancement of new and existing integrationsSUNNYVALE, California, Thursday, October 26, 2023 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR), the leading digital twin platform to access, understand, and utilize properties, today announced its membership as an Autodesk Construction Cloud® Premium Partner, helping bring Matterport’s 4K digital twins to even more construction professionals. Autodesk Construction Cloud is a portfolio of software services that combines advanced technology, a builders network and predictive insights for construction teams.Matterport has been part of the Autodesk Construction Cloud partner ecosystem since 2020, when it first introduced the Matterport Partner Card within BIM 360®. Since then, Matterport has introduced several new add-ons, features, and integrations to support design and construction professionals across their Autodesk® and Autodesk Construction Cloud workflows, becoming one of the most popular integrations available in the Autodesk App Store and Partner Card library.Digital twins allow teams to collaborate virtually within the visual context of a job site. With a clear view of site conditions, teams can identify and communicate potential issues earlier to keep projects on time and on budget.Today, Matterport users can collaborate across several Autodesk workflows, including:1. Autodesk® Docs: Create, view, and collaborate on Issues directly within a Matterport digital twin of a project, or generate specific file types (.rvt, .ifc, .dwg, .xyz) from models to share with stakeholders.2. Autodesk® Build: Easily create, assign, and track RFIs connected to a Matterport digital twin in Autodesk Build to pinpoint site problems and ensure project teams are on the same page.3. Matterport Partner Card: Add the Matterport Partner Card to your Autodesk Build Insights or BIM 360 Project Home dashboards to provide stakeholders with visual site context alongside essential project data.4. Autodesk® Revit® Plugin: Streamline workflows by directly importing Matterport point cloud files (.XYZ and .E57) and BIM files (.rvt, .ifc) into Revit to kickstart 3D model creation.As a Premium Partner, Matterport will collaborate closely with Autodesk on new APIs that help improve capabilities available to customers and on extensive go-to-market activities to help customers discover and take advantage of that value.“Since Matterport began its journey into the design and construction space, Autodesk has been an invaluable partner in integrating the strengths of our immersive platform with Autodesk’s decades of expertise,” said Jay Remley, Chief Revenue Officer, Matterport. “We’ve been blown away by the positive reaction to our latest integration with Autodesk Construction Cloud, and as a Premium Partner, look forward to delivering even deeper integrations that can help anyone in the design and construction phases keep their projects moving, from wherever they are.”“Digital twins help the construction industry significantly address collaboration issues and information silos,” said James Cook, director – industry & technology partnerships at Autodesk Construction Solutions. “Given that Matterport’s technology helps democratize the reality capture, creation, and use of 3D digital twins, we’re enthusiastic about how our partnership has grown. Matterport’s addition as a Premium Partner translates into a lot of value for our mutual customers.”Matterport’s integrations are available today in the Autodesk App Store for all supported regions. To learn more about how you can leverage Matterport with Autodesk, visit: https://matterport.com/partners/autodeskAbout MatterportMatterport, Inc. (Nasdaq: MTTR) is leading the digital transformation of the built world. Our groundbreaking spatial data platform turns buildings into data to make nearly every space more valuable and accessible. Millions of buildings in more than 177 countries have been transformed into immersive Matterport digital twins to improve every part of the building lifecycle from planning, construction, and operations to documentation, appraisal and marketing. Learn more at: www.matterport.com©2023 Matterport, Inc. All rights reserved. Matterport is a registered trademark and the Matterport logo is a trademark of Matterport, Inc. All other marks are the property of their respective owners.---Source: Matterport via Globe Newswire

Wednesday Oct 25, 2023

Matterport Digitally Replicates Amazon Executive Briefing Center In Demonstration of IoT Digital Twin Integration for Facilities Management
Matterport’s integration with AWS IoT TwinMaker provides an efficient and cost-effective solution to remotely optimize building operations, production output, equipment performance, and environmental health and safety at commercial or industrial facilities
SUNNYVALE, California, Wednesday, October 25, 2023 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR) in a recent demonstration of its integration with AWS IoT TwinMaker, digitally replicated Amazon’s Executive Business Center to showcase the facilities management capabilities of the joint integration for an office environment.
The integration, which became generally available in April, enables enterprise customers to seamlessly connect Internet of Things (IoT) data with Matterport’s visually immersive and dimensionally accurate digital twins, providing a cost-effective solution to remotely optimize building operations, production output, equipment performance, and environmental health and safety at commercial or industrial facilities.
In the demonstration, AWS shows how the Executive Briefing Center used a combination of Matterport and AWS IoT TwinMaker to produce a living, digital representation of the physical space that dynamically mirrors its state of being. Monitoring environmental conditions such as temperature, humidity, sound, and occupancy across meeting rooms and spaces, this information is displayed as data overlays on a user-friendly dashboard associated with the digital twin.
Matterport’s Digital Twin Platform helps organizations optimize facilities across equipment maintenance programs, onboarding and training, as well as space planning and production optimization to operate more efficiently.
To learn more about Matterport solutions for facilities management and integrating live IoT data into Matterport digital twins, visit: www.Matterport.com
About Matterport
Matterport, Inc. (Nasdaq: MTTR) is leading the digital transformation of the built world. Our groundbreaking spatial data platform turns buildings into data to make nearly every space more valuable and accessible. Millions of buildings in more than 177 countries have been transformed into immersive Matterport digital twins to improve every part of the building lifecycle from planning, construction, and operations to documentation, appraisal and marketing. Learn more at: www.Matterport.com
©2023 Matterport, Inc. All rights reserved. Matterport is a registered trademark and the Matterport logo is a trademark of Matterport, Inc. All other marks are the property of their respective owners.
Source: Matterport via Globe Newswire

Monday Oct 23, 2023

Unreserved, a Tech-Powered Canadian Real Estate Brokerage, Selects 3D Video Fusion as its sole solution for 3D Digital Twins & Floor Plans
 
3D Video Fusion (‘3D VF’) is the latest innovation from Urbanimmersive, turning three-sixty videos into full-featured 3D Digital Twins and offering unprecedented branded content creation possibilities
 
SAINT-HUBERT, Quebec, Monday, October 23, 2023 (GLOBE NEWSWIRE) -- Urbanimmersive Inc. (“Urbanimmersive,” “the Company,” or “UI”) (TSX VENTURE: UI) (OTCQB: UBMRF), a leading provider of 3D digital twin solutions for the real estate marketing industry, is pleased to announce that Unreserved, a tech-powered real estate brokerage Canadian agency, has selected Urbanimmersive's 3D VF as its sole provider of 3D Digital Twins and 2D floor plans. This decision is set to be followed by the acquisition of three-sixty cameras that will be distributed among the brokerage’s agent offices, enabling real estate agents to record three-sixty videos on the go.
 
Unreserved is the first real estate brokerage agency to select Urbanimmersive's 3D VF, marking an important milestone for Urbanimmersive's latest innovation. The swift decision to adopt it as the sole solution underscores 3D VF's market potential and adoption strength. Since its inception, Unreserved has heavily utilized 3D digital twins, having previously used a competing renowned brand. Unreserved's management explains that the integration of three-sixty videos is what they believe was missing in 3D digital twins for marketing to deliver a more engaging and branded 3D content experience, making the decision evident.
 
"It is natural for real estate agents to describe a home and showcase all its unique features and particularities. Therefore, 3D VF is a new content video solution that is naturally easy to produce and leverages agents' expertise and brand. It enables them to present properties in a manner that resonates with a digital-savvy clientele while providing a 3D digital twin and a 2D floor plan simultaneously. We also appreciate that 3D VF does not require the use of an app, expensive hardware, or sophisticated training, allowing us to quickly roll out the solution within our network of members. Agents can produce a perfect 3D VF on their first try!" explains Rachel Langlois, Vice-President Sales at Unreserved.
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Urbanimmersive media release continues in the We Get Around Network Forum (www.WGANForum.com) here:
https://www.wegetaroundnetwork.com/topic/19154/page/1/unreserved-real-estate-brokerage-selects-urbanimmersive-3d-video-fusion/

Sunday Oct 01, 2023

-- Are you thinking about buying a Matterport Pro3 Camera?-- Have you bought a Matterport Pro3 Camera and seek training to help you succeed faster?Stay-tuned!Today, Thursday, September 28, 2023 on WGAN-TV Live at 5 (5 pm ET), our topic is:WGAN-TV | Matterport Pro3 Camera Training: Getting Started with Matterport Scanning (Capture)Our Subject Matter Expert is Scan Your Space (a Division of Sparks Media Group) Founder and CEO Tom Sparks @ScanYourSpaceMatterport Pro3 Camera Training Includes1. Matterport Pro3 Gear | Minimum2. Matterport Pro3 Gear | Nicely Loaded3. Gear Set-up4. Scanning5. Where to Stand While Scanning (Capture)6. Trimming7. Common Error Messages8. Uploading9. Other things you can do on iPad
Best,
Dan Smigrod
www.WGAN.info/DanSmigrod 

Tuesday Sep 26, 2023

Matterport Announces the Next Generation of AI-Powered Real Estate Insights, Now in Beta
Matterport launches beta program for automated room measurements, layouts, and reporting to drastically reduce manual efforts - empowering customers with actionable property insights
SUNNYVALE, Calif., Sept. 26, 2023 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR) introduces the next generation of intelligent digital twins with powerful new capabilities fueled by the company’s rapid advancements in AI and data science. Now in beta, customers can access automated measurements, layouts, editing, and reporting capabilities generated from their digital twins. Automation marks a significant breakthrough, saving customers time by eliminating the need for manual measurements and reporting by automatically processing the millions of 3D data points captured with a Matterport digital twin.
Accurate room-by-room measurements are one of the most common and time-consuming requests from buyers to understand whether a property suits their needs. Now, customers can automatically generate 2D and 3D layouts that identify and label the details of a property including walls, the type of room, length and width, and total square footage. These details allow a buyer to quickly assess a property, while enabling property marketers to accelerate home listings and sales with instant at-a-glance property overviews and Multiple Listing Service (MLS) data. New customization capabilities allow property managers to edit layouts to optimize the functionality of a space or surface details that guide the development, renovation or remodeling of interior and exterior spaces.
“I’m excited to see the progression of our digital twins helping customers put AI and automation to practical use for their properties,” said RJ PIttman, Chairman and CEO of Matterport. “Instant access to room dimensions, total square footage by room, floor, and the entire space, builds upon one of our most popular features - Measurement Mode. With our new intelligent digital twins, our customers get hundreds of useful measurements, room names, print-ready layouts and more - automatically. With these new ‘power tools’ we’re driving customer productivity through the roof!”
Matterport’s new AI-powered capabilities are made possible through the company's technical leadership in spatial data, computer vision, and deep learning. Cortex, the company’s AI-engine, brings it all together to create thousands of digital twins every day, trained with Matterport’s massive spatial data library. At more than 33 billion square feet of spaces in the real world digitized, Cortex will continue to learn, grow, and define the future of the digital twin for years to come.
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Matterport media release continues in the We Get Around Network Forum (www.WGANForum.com):
https://www.wegetaroundnetwork.com/topic/19098/page/1/matterport-next-generation-of-ai-powered-real-estate-insights-in-beta/
 

Sunday Sep 24, 2023

-- Are you thinking about buying a Matterport Pro3 Camera?-- How did a Matterport Service Provider end-up buying six Matterport Pro3 Cameras?-- And, why plans for replacing 4 Matterport Pro2 Cameras with Matterport Pro3 Cameras?On WGAN-TV Live at 5 on Thursday, 21 September 2023, my guest is: Spaces & Places and G-Force Owner Marcel Gyswyt. [@MarcelG]✓ WGAN-TV | Marcel Gyswyt: My Journey as a Matterport Pro3 Service ProviderI will ask Marcel about his journey for his two Matterport Service Provider businesses that use six Matterport Pro3 Cameras -- and plans to replace four (4) more Matterport Pro2 Cameras with Matterport Pro3 Cameras. I will also ask Marcel when Matterport first showed up on his radar and how his businesses grew.If you are thinking about buying a Matterport Pro3 Camera, understanding Marcel's journey may be helpful to you.About Spaces & PlacesGolden Valley, Minneapolis-based Spaces & Places is a Matterport Service Provider with team members across America.About G-ForcesiGolden Valley, Minneapolis-based G-Forcesi specializes in commercial and multi-location businesses including national banks, auto parts stores, restaurants and other retailers. G-Forcesi has done thousands of Matterport scans.G-Forcesi is an on-demand field service resource that focuses on labor intensive initiatives that are critical but not core to its clients business. G-Forcesi provides installation, survey and fulfillment services for large scale retailers, banks or restaurants.According to its website, G-Forcesi provides "site intelligence to get things done" with "rapid, reliable deployment, anywhere you do business."Use Cases Include1. Program Fulfillment – Rapidly and accurately deploy graphics, fixtures and signage installation2. Remodels and Retrofits - A) Use precise dimensions to create design options, develop estimates and build your plan; B) Apply to any project from a full rebuild to individual updates (floors, paint, lighting, windows, etc.)3. Space and Safety Planning - A) Customize your signage, design and lighting by examining the space from every angle; B) Update your security plans and share with first responders4. Quality Control - A) Evaluate recent changes via a complete virtual walk-through of every location; and B) Share tours with your clients or leaders to quickly gain alignment5. Insurance and Financial Analysis - A) Document spaces for insurance record-keeping and claims; B) Audit locations for cost segregation and financial planning needs6. Site Showcase - Create a virtual open house of any location and share via the web or social media, available 24 x 7 x 365 from any deviceWhat does all that mean and how does that translate to buying three Matterport Pro3 Cameras?

Wednesday Sep 20, 2023

Urbanimmersive Unveils Ultra-Fast 3D Digital Twins & 2D Floor Plan Scanning AppThe New App allows for the scanning of a 2,000 sq ft Property in under 5 Minutes using a 360 Camera, delivering a Comprehensive 3D Tour alongside with a detailed 2D Floor PlanSaint-Hubert (Quebec), September 20th, 2023 - Urbanimmersive Inc. (“Urbanimmersive”, the “Company” or “UI”) (TSX VENTURE: UI) (OTCQB: UBMRF), a leading provider of 3D digital twin solutions in real estate marketing, is pleased to announce the launch of a new version of its iOS and Android UiCapture App. This new version offers ultra-fast property scanning capabilities for producing 3D digital twins with detailed 2D floor plans. This pivotal development promises to set a new benchmark in real estate photography marketing efficiency and effectiveness supporting 3D digital twins and floor plan adoption.Real estate photography is a high-volume business where every minute counts for both the photographers who want to complete as many photoshoots as possible before sunset and for the agents that need to minimize client disturbance time onsite. In this fast-paced environment, the newly enhanced UiCapture App emerges as a beacon of innovation, markedly reducing the time associated with capturing visual content required for the creation of 3D digital twins and floor plans, a scanning process that previously took 20 to 30 minutes for a 2,000 sq ft property with the previous version of its UiCapture app.By leveraging a state-of-the-art 360-degree camera video recording technique, the new UiCapture App delivers not only ultra-fast scanning and ease of use but also guarantees a meticulously detailed 2D floor plan as part of an immersive 3D digital twin tour.Given that the time photographers spend onsite constitutes the most significant cost component of 3D digital twins and floor plan creation, the ultra-fast scanning new version catapults Urbanimmersive to a leading position in market competitiveness, enabling the Company to offer competitive pricing for digital twins and 2D floor plan creations while sustaining its margins for both its Services and SaaS business segments.This enhancement not only benefits agents working directly with Urbanimmersive's photography service brands but also aids independent photographers in leveraging the innovation to broaden their 3D digital twin and floor plan services to their clients through our SaaS platform.Moreover, the introduction of the new ultra-fast UiCapture App establishes Urbanimmersive as a serious player in the rapidly expanding 2D floor plan creation sector within the real estate marketing as well as in the home inspection industry, where technological competition is primarily driven by the speed of home scanning and the precision of 2D floor plan measurements. While many competing apps offer quick scanning capabilities, they predominantly produce only 2D floor plans. Achieving consistent quality in immersive 3D tours generally necessitates a separate, additional process and cost. Contrarily, the UiCapture App presents a comprehensive solution, eradicating the necessity for a distinct process to generate 3D tours.Ghislain Lemire, CEO of Urbanimmersive commented: "Looking ahead, Urbanimmersive foresees that this launch will not only revolutionize the realm of real estate 3D digital twins marketing but also foster a broader acceptance and utilization of 3D digital twin technology as the premier solution for 3D tours and floor plans. Moreover, the 360-degree video recording approach utilized by the new version unlocks new visual content possibilities within the 3D tour viewer itself, setting the stage for Urbanimmersive to leverage this in an upcoming product, scheduled for a near-future release.As Urbanimmersive continues to pioneer developments in this sphere, clients can look forward to even more advanced features and functionalities that streamline processes and elevate property presentations to unprecedented heights."
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Urbanimmersive media release continues in the We Get Around Network Forum (www.WGANForum.com) here:
https://www.wegetaroundnetwork.com/topic/19087/page/1/new-urbanimmersive-ultra-fast-3d-digital-twins2d-floor-plan-scanning-app/

Tuesday Sep 19, 2023

Matterport and Procore Technologies Deepen Digital Twin Integration To Streamline Design and Construction ProcessesIntegration brings Procore RFI’s, Observations and Coordination Issues directly into Matterport digital twins, allowing Procore users to collaborate with visual site context, facilitating prompt issue resolutionSUNNYVALE, California, Tuesday, September 19, 2023 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR), today announced its latest collaboration with Procore Technologies Inc. (NYSE), a leading global provider of construction management software, expanding Matterport’s platform ecosystem support for design and construction management software services. Building on the companies’ original integration, Procore users can now use features such as RFI’s, Observations, and Coordination Issues directly within Matterport’s photorealistic 3D digital twins, creating a visual system-of-record for site conditions that anyone on a project can track.Traditionally, design and construction stakeholders have relied on 2D documentation or complex CAD imagery to coordinate project tasks remotely, using project management tools like Procore to ease the burden of organizing various materials. However as a project or issue becomes more complex, simple documentation can become limiting, resulting in project inaccuracies or misunderstandings between stakeholders that lead to rework or costly delays.With this latest enhancement, team members can now transition seamlessly between their Procore project management workspace and the Matterport digital twin of a site, centralizing record-keeping, and enabling better progress tracking, quality control, and more efficient closeout processes.“Since Matterport took its first steps into the industry, it became evident that our solutions share a common mission: to improve the lives of everyone in construction,” said Kris Lengieza, vice president of global partnerships and alliances at Procore. “As the construction industry continues to adopt digital-first tools, Matterport’s integration into the Procore Platform provides the visual site context teams need to help resolve issues quickly and keep projects on time.”
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Matterport media release continues in the We Get Around Network Forum (www.WGANForum.com) here:
https://www.wegetaroundnetwork.com/topic/19082/page/1/matterport-and-procore-technologies-deepen-aec-digital-twin-integration/

Tuesday Sep 12, 2023

Apply: www.LCPmedia.com/TourBuilderX
Are you a USA-based real estate photographer that shoots 3D or 360 virtual tours and would like to fill gaps in your shooting schedule?Watch WGAN-TV Live at 5 on Thursday, 7 September 2023 with my guest LCP Media Co-Founder and Chief Executive Officer Wojciech Kalembasa discussing:✓ WGAN-TV | USA Real Estate Photographers (DSLR, 360 Camera) Wanted for Large-Scale LCP Media ProjectsIn addition to DSLR-shot 360s, LCP Media 360 tour creation supports these 360 cameras:1. Ricoh Theta Z12. Ricoh Theta X3. Ricoh Theta V4. Insta360 ONE RS 1"5. Insta360 X3You may have seen LCP Media Photographer Wanted posts in the We Get Around Network Forum, including:✓ Real Estate Photographers Needed Nationwide! (Ongoing Large Projects)✓ Photographers with Ricoh Theta Z1s needed nationwide (Ongoing projects)I will ask Wojciech to tell us about these large-scale LCP Media projects for real estate photographers [DSLR-shot 360s and/or 360 cameras (please see list above)].

Sunday Sep 03, 2023

Do you own a 360 camera for shooting virtual tours?Are curious about using your 360 camera for shooting re-framed video?Are you wondering what does re-framed video mean?Stay tuned ...On WGAN-TV Live at 5 (5 pm ET) Thursday, 31 August 2023, 360 VIDEO 101 Course Creator/360 VIDEO Mentor Ben Claremont will share his:✓ WGAN-TV | Top 10 Tips for Shooting and Editing 360 VideosBen will also share 360 video workflows and best practices.Plus, I will ask Ben about his new course, 360 VIDEO 101.If you have a 360 camera for virtual tours - or planning to buy one - find out how to shoot and edit 360 video.How to Use a Ricoh THETA Z1, Ricoh THETA X, Insta360 X3 or Insta360 ONE RS 1-Inch to Create Reframed 360 VideosIf you have a Ricoh THETA Z1, Ricoh THETA X, Insta360 X3 or Insta360 ONE RS 1-Inch (or other 360 camera) and are wondering how to create reframed 360 videos, buy 360 VIDEO 101 course from 360 Mentor Ben Claremont (also creator of Virtual Tour Pro course.================================================================================Save 15 Percent with Coupon Code: WGAN using this WGAN Affiliate Link: WGAN.INFO/360VIDEO101================================================================================Ben gave me early access to the course ...Ben Claremont’s 360 VIDEO 101 course helped me understand how to shoot and reframe 360 video. For example, until watching Ben explain video resolution and frame rate – and how and when to manually set ISO and shutter speed for the best dynamic range – I did not have the confidence to shoot 360 video and simply used various 360 cameras for creating virtual tours. Like Ben’s Virtual Tour Pro course, 360 VIDEO 101 is clear, concise and efficient with my time and with a touch of Ben’s trademark humor.Ben's 5-Step Frame for Creating 360 Videos Includes✓ Gear & Fundamentals - Master the basics and equip yourself with the right 360 camera and accessories. Learn the difference between reframed and VR 360 videos✓ Camera Mastery - Unlock the full power of your 360 camera by learning key settings such as resolution, frame rates, exposure, white balance, and tips for shooting in varied lighting conditions.✓ Filming Techniques - Perfect your shooting skills with my top tips on camera mounting, sound recording, shooting underwater, creating hyperlapses & more.✓ Creative Ideas - Unleash your creativity with techniques for cinematic 360 videos, tiny planets, amazing effects, and the best visual storytelling techniques.✓ Editing Essentials - Transition from shooting to post-production seamlessly, with the fastest & best editing workflows for amazing results.About Ben Claremont (From the 360 VIDEO 101 Website)Hey, I'm Ben! My love for the 360 medium started in the early days of 360 cameras back in 2015, and it's been an obsession ever since!Once upon a time, I was just like you—a filmmaker who was keen to push the boundaries and make video content that was DIFFERENT to everything else out there. Through thousands of hours of practice and failing... (then eventually succeeding), I mastered the art of 360 video creation!This expertise has taken me around the globe, making content for big brands, building a six-figure business, but most importantly i can say i'm a FULL-TIME content creator Now, I'm excited to share all of my knowledge with you through the 360 Video 101 course. Together, we'll unlock your potential and take your videos to the next level. Questions about Ben Claremont's 360 VIDEO 101 course?===================================================================Save 15 Percent with Coupon Code: WGAN using this WGAN Affiliate Link: WGAN.INFO/360VIDEO101===================================================================✓ Buy Ricoh THETA Z1 via Amazon✓ Buy Ricoh THETA X via Amazon✓ Buy Insta360 X3 via Amazon✓ Buy Insta360 ONE RS 1-Inch via Amazon(Also want to create Matterport tours with a 360 camera? These 360 cameras are compatible with Matterport.)

Monday Aug 28, 2023

Planitar Inc. and Verisk Join Forces to Revolutionize Insurance Adjusters' Workflow with iGUIDE Instant SketchWATERLOO, Ontario and JERSEY CITY, N.J.--(BUSINESS WIRE) -- Monday, August 28, 2023 -- Planitar Inc., the creators of iGUIDE, and Verisk (Nasdaq: VRSK) announced today a strategic integration aimed at accelerating the insurance industry's claims process.Leveraging the market-leading technology of both providers, the collaboration introduces a groundbreaking solution, iGUIDE Instant Sketch.* This integration of iGUIDE and Verisk’s Xactimate platform is designed to enable insurance adjusters to process claims with unprecedented accuracy, speed and increased efficiency.Planitar is a proptech company providing a secure solution for comprehensive pre- and post-loss property documentation. Verisk is a leading global data analytics and technology provider to the insurance industry.iGUIDE Instant Sketch is designed to significantly improve the accuracy and speed of creating a comprehensive property loss documentation package. The product fully automates the floor plan sketch creation, an essential first step in the claims and restoration process. By combining optical imaging, laser (Lidar) measurements and deep learning AI technology, the iGUIDE Instant Sketch product provides the insurance industry with an essential tool to document an interior loss more quickly, consistently and comprehensively.Planitar’s iGUIDE technology can automatically create room(s) or entire floor plan drawings and translate those directly to a Sketch™ within the Xactimate software platform in minutes.Saving Time with AccuracyThis solution can help eliminate hours spent manually measuring, photographing and annotating property damage, helping to streamline the initial claim estimating process. AI-generated floorplans improve the accuracy and consistency of claim sketches used to create replacement material estimates.As an added benefit, insurance and restoration professionals can use iGUIDE Real-Time Tagging, and the iGUIDE 3D virtual walk-through to organize and augment the evidence report package they give to carriers."We are excited to announce our collaboration with Verisk to introduce iGUIDE Instant Sketch to the insurance industry. Together, we're taking a significant step towards transforming the insurance claims process. By combining our comprehensive property documentation solution with Verisk's data analytics expertise, we’re offering insurance adjusters a seamless and high-speed workflow that reduces time spent on data collection and sketching by 90 percent or more,” explains Alexander Likholyot, the CEO of Planitar Inc.An insurance adjuster can now estimate or share a claim in Xactimate with an automated Sketch™ workflow before they even leave the property."Our collaboration with Planitar brings an unparalleled opportunity for insurance adjusters to leverage technology from our ecosystem partners together with the power of the Xactimate claims processing platform. Together, we’re working to simplify the claims Sketch™ process, improve the quality of loss documentation and enhance adjusters’ productivity,” explained Aaron Brunko, president, Property Estimating Solutions, Verisk. “We are proud to be at the forefront of this transformation and of our commitment to an open ecosystem designed to drive efficiency and deliver solutions that make a real difference for our customers."Lubricating the moving parts of a claims process while benefiting both adjusters and policyholders alike, iGUIDE Instant Sketch (BETA) is available to insurance and claims professionals. Interested parties can visit goiguide.com/insurance-restoration to learn more.*Please note that iGUIDE Instant Sketch is currently in BETA. The machine-generated sketch quality relies on the input data the camera operator provides. Although iGUIDE and Verisk aim for typical file delivery in Xactimate within minutes, this timeframe may vary depending on load factors, such as after a catastrophic loss event.About Planitar (iGUIDE)Founded in 2013 in Kitchener, Ontario, Canada, Planitar Inc. is the maker of iGUIDE, a proprietary camera and software platform for capturing and delivering immersive 3D virtual tours and extensive property data. iGUIDE is the most efficient system to map interior spaces and features accurate floor plans, measurements and reliable property square footage. By integrating floor plans and visual data, iGUIDE provides an intuitive and practical way to navigate and explore built environments digitally. For more, visit: goiguide.comAbout VeriskVerisk (Nasdaq: VRSK) is a leading strategic data analytics and technology partner to the global insurance industry. It empowers clients to strengthen operating efficiency, improve underwriting and claims outcomes, combat fraud and make informed decisions about global risks, including climate change, extreme events, ESG and political issues. Through advanced data analytics, software, scientific research and deep industry knowledge, Verisk helps build global resilience for individuals, communities and businesses. With teams across more than 20 countries, Verisk consistently earns certification by Great Place to Work and fosters an inclusive culture where all team members feel they belong. For more, visit: Verisk.com---Source: Planitar and Verisk via Business NewsWire

Monday Aug 28, 2023

How Matterport Can Succeed Faster with a $25 Million Fund for SDK PartnersCommentary and Analysis byDan SmigrodFounder and Managing EditorWe Get Around Network and WGAN-TVWGAN.info/DanSmigrodSome of the hidden gems about Matterport are Matterport SDK Partners that offer public solutions to anyone using Matterport.Matterport often becomes a solution – rather than a tool – when paired with a 3rd party platform.Unfortunately, my impression is that many of the Matterport SDK Partners lack sufficient funding either for further development and/or marketing of their Matterport-related solution.Matterport could dramatically help itself – and the entire Matterport ecosystem – succeed faster if it created a Matterport VC fund of $25 million. That’s about five percent of its cash-flush balance sheet of nearly $500 million.Matterport should offer existing Matterport SDK Partners:1. Convertible notes of $1 million to $5 million2. Cash grants of $250,000 to $500,0003. Pre-paid service orders of $100,000 to $250,000Startups are super-efficient using cash and can move faster than a large, public company.Additionally, this $25 million initiative would show that Matterport appreciates its Matterport SDK Partners.Since many use-cases for Matterport are only possible when mashing up a Matterport Partner Platform, Matterport should also use these Matterport marketing resources to help amplify its Matterport SDK Partners:1. Matterport Blog2. Matterport Webinar3. Matterport Sales Teams4. Trade Shows (Pay travel for Matterport Partner to demo in the Matterport booth)5. Media ReleasesMy impression is that Matterport is not using its marketing resources to promote its Matterport SDK Partners. I wonder if Matterport either no longer sees the value that these partners offer or if Matterport intends to build-out its platform to include features pioneered by its partners.Many Matterport SDK Partners are turning to the We Get Around Network - not affiliated with Matterport - for help via:1. WGAN-TV Live at 52. WGAN-TV Podcast (search for WGAN-TV in your favorite podcast app)3. WGAN Forum Podcast4. We Get Around Network MarketPlace5. We Get Around Network Forum6. We Get Around Network Founder Dan Smigrod (for strategic introductions)7. WGAN-TV Training U (in Matterport)8. WGAN List: Matterport PartnersMy impression is that - at one time – Matterport viewed Matterport SDK Partners as a direct revenue source – licensing the Matterport SDK and charging for API usage – and when it likely became apparent that it was costing Matterport more money to sign-up Matterport SDK Partners than the revenue generated, it downgraded signing up new Matterport SDK Partners.Matterport let go marketing executives devoted to the Matterport SDK Partners initiative. Plus, Matterport recently announced plans to shrink its workforce by 30 percent by the end of 2023. Constant turnover makes it harder for Matterport SDK Partners to get marketing support.It's been a while since Matterport has announced a new Matterport SDK Partner that offers a publicly available Matterport solution.There was a time that Matterport leadership talked-up the potential for SDK licensing revenue in conference calls for analysts and investors.Matterport’s early focus on SDK licensing revenue – was and is – short-sighted. The much bigger revenue opportunities for Matterport are: subscriptions, capture and add ons. Matterport SDK Partners help drive this revenue.A $25 million VC fund by Matterport – specifically for Matterport SDK Partners – would go a long way to lift all boats and fill a venture capital gap that could have unintended consequences for cash-flush Matterport.“Venture capital funding globally almost halved in the first six months of 2023, data from research firm PitchBook showed, highlighting a lack of enthusiasm on the part of investors as well as less demand amid sharply higher interest rates,” according to a July 6, 2023 news story by Reuters. “The 48% decline in investment … and the 19% drop-off in deal numbers comes despite huge interest in artificial intelligence startups sparked by the success of OpenAI's ChatGPT.”Without an infusion of Matterport cash in its SDK Partners, I could imagine that we will see three things:1. SDK Partners that abandon Matterport2. SDK Partners that begin offering their solution to Matterport competitors3. Matterport competitors offering funding to Matterport SDK PartnersYou can share your thoughts on this topic in the We Get Around Network Forum (www.WGANForum.com) or email me: DanSmigrod@WeGetAroundNetwork.com