The leading European VR tech provider, Virtualware, has been awarded the title of ‘Innovative VR Company of the Year’ at the latest edition of the VR Awards. The company has several Fortune industrial 500 companies as its clients, including GE Hitachi, Bayer, Merck, and more.
The jury for the VR Awards, created by the Academy of International Extended Reality in Los Angeles, California, recognized the company’s initiatives for creating a sustainable future for developing virtual developments that can resolve real-economy problems.
The Academy highlighted Virtualware’s patented VIROO platform, which has emerged as the new standard for creating, managing, and deploying VR content that can solve complex problems over the last three years.
The company was founded by CEO Unai Extremo and CTO Sergio Barrera in 2004.
“Our philosophy to bring the virtual world and the digital world at the confluence of innovation is inspiring the thriving VR industry, and we take pride that our work is bringing modern solutions to any forward-looking business. This Award is dedicated to the entire team,” said Unai.
The company is headquartered in Bilbao, Spain, with an overseas office in Toronto and several partners worldwide. The firm expects to end 2021 with over €5m in billings achieved by its team of 45 personnel who have successfully launched more than 500 projects in over 27 countries.
“Our mission is to promote the vast potential of industry-oriented Virtual Reality and accelerate its adoption, helping companies and institutions create a sustainable future that moves society forward,” said Extremo.
The company aims to have over 50 global organizations and industry associations deploy their standard for various processes by 2023.
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