The CES – Consumer Electronics Show – is one of the world’s largest electronics trade fairs and one of the most important events in the IT industry. Many well-known manufacturers from the electronics industry present their latest products or announce innovations in Las Vegas. Thus, CES is regarded as an important indicator where IT technology could develop in the future.
In cooperation with the European American Enterprise Council and Luxinnovation 8 Luxembourg start-ups with extraordinary and innovative ideas will be able to present their business ideas in Las Vegas and will have the opportunity to set up a booth at the Eureka Pavilion.
With our subsidiary VR-Timetravel we qualified ourself as an innovative start-up and will present our VR technology at our own booth at the CES from 9-12 January 2018.
Yesterday (22.11.) the announcement of the European American Enterprise Council took place, where our COO Michael Neidhöfer proudly received the “Certificate of Official Selection 2018”.
We are very pleased about the opportunity to present our Virtual Reality technology at this important trade fair and hope for many new contacts and exciting innovations.
FOR THE FIRST TIME, CUSTOMERS EXPERIENCE A COMPLETELY NEW SHOPPING EXPERIENCE BY USE OF VIRTUAL REALITY
The large e-commerce platform Alibaba is now a pioneer in VR technology. It will introduce a new payment system (VR Pay), which works by means of face recognition.
HOWEVER, THIS IS ONLY ONE POSSIBILITY OF VIRTUAL REALITY SHOPPING.
Customers can, for example, walk through a shopping mall and visit individual shops and virtually look at products. Just nod if you want to buy and the article will be forwarded to the shipping process. The identity is guaranteed by protected login data and voice recognition.
DUE TO THE TECHNOLOGICAL DEVELOPMENT AND PRICING POSSIBILITIES, EVERMORE FASHION COMPANIES ARE USING THE NEW IMMERSIVE TECHNOLOGY.
Fashion labels such as Ralph Lauren and Topshop use VR for special virtual catwalk events, where customers can experience the fashion show live in 3D. Additionally many other designers and fashion companies rely on VR technology to offer their customers a special shopping experience.
From 6.-9. November 2017, the world’s largest technology conference – the Web Summit – takes place in Lisbon. The more than 60,000 visitors from more than 160 countries can expect many exciting speaker presentations, interesting startups and exciting live acts.
One highlight of the event will be a big pitch that brings together the world’s leading startup companies. Emerging technology companies can present their business idea live on stage and compete with other startups. The winner is entitled “Winner of Pitch 2017”.
After a successful application and a demanding selection process, we have qualified as a promising startup and are allowed to participate in the pitch. Renowned investors, influential media and thousands of visitors will be there when we compete against the other startups.
We are looking forward to the exciting event and hope to take home the title!
The Grand Duchy of Luxembourg Chamber of Commerce, in cooperation with the Ministry of Economy and the Embassy of Luxembourg, organized an official mission to the United Arab Emirates from October 9 to 13, 2017.
Invited by the Oman Chamber of Commerce and Industry, a delegation from the Luxembourg Chamber of Commerce paid a visit to the Sultanate of Oman. This delegation, consisting of a total of 70 business people, also included Alexander Fridhi as CEO of our Luxembourg subsidiary DDG Benelux S.A.
The aim of the visit was to strengthen bilateral relations and discuss new ways of working together. In order to pave the way for further cooperation, a business forum was held in Abu Dabi and a seminar on the presentation of the Luxembourg economy in Dubai. Around 40 local companies came to evaluate the potential for their business. On the other hand, the Luxembourg delegates learned more about technology, innovation and tourism in Dubai.
In addition, events were organized such as the visit to GITEX Technology Week, several successful companies visited and a participation agreement signed for Expo2020. In addition, the participating Luxembourg companies also had tailored business meetings with local companies and institutions.