WIMI Listed IPO at NASDAQ under the Background Of Annual AI Financing Exceeded 20 Billion Yuan

Hongkong, Jul 10, 2019 — China has entered the AI visual era. In 2018, AI vision company has accumulated more than 20 billion yuan in financing in 2018. As the first share of holographic AI vision, WIMI listed IPO at NASDAQ in the United States, which will ignite the listing enthusiasm of AI vision companies. SenseTime, MEGVII, CLOUDWALK, YITu, Mobiebook and other companies has the estimated value of more than 10 billion

According to the reports of “Unicorns Had Known Earlier”, WiMi Hologram Cloud integrates the identity of holographic AI cloud software developers, service providers and operators, and has become one of the largest integrated platform in the holographic AI field in the country. if there is no chip, it is difficult to combine with the algorithm. In this process, the boundary is blurred. With the continuous evolution of technology, the constant deepening of the scene raises more needs. At this stage, an important scene will be selected for the Internet of Things to better combine computing power with application services.

 

Source: Unicorns Had Known Earlier

 

WiMi Hologram Cloud covers multiple links of holographic AR technologies such as holographic computer vision AI synthesis, holographic vision presentation, holographic interactive software development, holographic AR online and offline advertising launch, holographic ARSDK payment, 5G holographic communication software development, holographic face recognition development, and holographic AI face change development. It has the one-stop service capacity. At present, it has grown into one of the largest integrated technology provider of holographic cloud in China.

The income of WIMI mainly comes from holographic advertising and holographic entertainment. The probability of WIMI is outstanding, and the net profit has increased from 7.333 million yuan in 2017 to 8.921 million yuan in 2018. the net profit has increased from 2.222 million yuan in the first quarter of 2018 to 3.749 million yuan in the first quarter of 2019, with an increase of 1.526 million yuan and the growing rate of 68.7%. The total revenue of WiMi Hologram Cloud has increased from 4.922 million yuan in the first quarter of 2018 to 7.849 million yuan in the first quarter of 2019, with an increase of 2.926 million yuan and the growing rate of 59.5%. WiMi Hologram Cloud’s total revenue was 225 million yuan in 2018. (Source: U.S. SEC – FORM F-1, WiMi Hologram Cloud Inc., Securities and Exchange Commission (SEC), June 27, 2019.)

WiMi Hologram Cloud’s holographic AR advertising software allows users to insert real or animated 3D objects into the video and then seamlessly integrate them into the video. WiMi Hologram Cloud’s online holographic AR advertising solution embed the holographic AR advertisements into films and programs hosted by China’s leading online video media platforms. As of the year ended December 31, 2018, the holographic AR advertisements made using WiMi Hologram Cloud’s software have received about 6.6 billion views, while the number of views in the year ended December 31, 2017 was approximately 4.9 billion person-times. In the year of 2018, WiMi Hologram Cloud had 121 customers, and in 2017, WIMI had 97 customers. In 2017, the average revenue per customer was 1.4 million yuan, and in 2018, the average income per customer was about 1.5 million yuan. The average revenue per customer is calculated by dividing the total revenue of AR advertising by the number of customers. Due to the advancement in technologies, WiMi Hologram Cloud can embed more content in advertising, thus promoting an increase in average income.

As an emerging market, the global holographic AR market has tremendous growth potential and has attracted a large amount of investment since 2016, making a great contribution to the growth of the industry. Several organizations including the R&D labs are investing heavily in this technology to develop solutions for enterprises and consumer groups. Over the years, the mobile augmented reality market has been widely applied in applications such as games, media and marketing. Its range of applications in different industries, including advertising, entertainment, education and retail, is expected to drive demand during the forecast period.

It is believed in the industry that holographic image communication utilizes the high-rate characteristics of 5G networks to transmit large amounts of 3D video signals, which can present a more realistic world for users, and it has a qualitative leap in interactivity and may become a subversive technology of Internet socialization. At present, Samsung, Facebook, Apple, Google, Huawei and other technology giants are involved in the R&D of technologies in this field, showing the broad prospects of the technology application. At present, the number of companies engaged in the holographic projection field in China has also greatly improved. According to statistics, there have been up to a thousand holographic projection companies, and the market capacity has also risen to 10 billion.           

At present, the relatively mature applications of holographic AI include entertainment and advertising industry. As people’s understanding and acceptance of this technology increase, holographic AI advertisement will be adopted by more brand owners, and holographic AI shopping will gradually become popular in e-commerce platform. In addition, as holographic AI technology matures, more applications will be developed to expand the value of this technology. As the first share of holographic AI vision, WiMi Hologram Cloud listed IPO at NASDAQ, which will ignite the listing enthusiasm of AI vision companies.

Source: U.S. SEC – FORM F-1, WiMi Hologram Cloud Inc., Securities and Exchange Commission (SEC), June 27, 2019.

Contact Detail:

Company Name: Insight Data Talking Institute
Contact Person: Ronald Sims
Email: morningstar.editors@gmail.com
Phone No: (+44) 20 7698 1963
Address: 215-217 Charlotte Street,
City: London
Country: United Kingdom
Website Url: http://www.insightdatatalking.com/

Source URL : http://kjnewswire.com/3858/wimi-listed-ipo-nasdaq-under-background-annual-ai-financing-exceeded-20-billion-yuan

One Of China’s 5G Holographic Cloud Company WIMI Listed IPO At NASDAQ In The United States

Hongkong, Jul 10, 2019 – – 5G is a technological advancement of a basic communication method for human beings. China has developed from 2G, 3G, 4G and 5G all the way, benefiting greatly from the Internet and mobile Internet industries, and the overall living efficiency and production efficiency have been greatly improved. As one of China’s 5G holographic cloud application companies, WiMi Hologram Cloud listed IPO at NADSAQ in the United States. The prospectus showed that it was profitable in 2017 and 2018, and the company has a broad business and market prospects.

WiMi Hologram Cloud published its IPO prospectus globally on June 27, 2019 in the United States. Its net profits exceeded 89 million yuan in 2018, making profits for two consecutive years. The IPO of WIM was listed at NASDAQ Global Board, and as the first share of global holographic AI vision, the profit growth space has been opened. With the development of 5G holographic communication, WiMi Hologram Cloud’s holographic cloud, which was established only four years ago, is expected to be explosive in the future.

 

With the rapid construction of 5G, its large-scale commercialization is not far away. At present, the 5G construction is vigorously promoting all over the world to seize the opportunity. In the communications industry, operators take the lead, and the upstream and downstream enterprises in the industry cooperate with each other closely to provide related equipment and supporting services. Communications equipment companies, including Huawei, ZTE, Ericsson and Nokia are competing fiercely for more orders. The competition for 5G has entered the white-hot stage.

 

As an emerging industry, the global holographic AR market has great growth potential. Since 2016, it has attracted a lot of investment and made a huge contribution to the growth of the industry. Several organizations, including R&D institutions, are investing heavily in the technology, and are developing solutions for enterprises and consumer groups. For many years, the holographic augmented reality market has been widely used in applications such as games, media and marketing. Its expanding application in different sectors, such as advertising, entertainment, education and retail, is expected to boost demand during the forecast period.

 

Global Holographic AR Market Size by Revenue, 2016 – 2025E

 

According to the prospectus, the net profit of WiMi Hologram Cloud increased from 73.33 billion yuan in 2017 to 89.21 billion yuan in 2018. The total revenue increased from 492,262,626 yuan in the first quarter of 2018 to 78.492,282 yuan in the first quarter of 2019, with an increase of 29,265,656 yuan, and the growing rate of 59.5%. The net profit increased from 22,226,934 yuan for the three months ended March 31, 2018 to 37,493,792 yuan for the three month ended March 31, 2019, with an increase of 15,266,858 yuan and the growing rate of 68.7%. The total revenue of WiMi Hologram Cloud increased from 192,029,524 yuan in 2017 to 225,271,564 yuan in 2018. (Source: U.S. SEC – FORM F-1, WiMi Hologram Cloud Inc., Securities and Exchange Commission (SEC), June 27, 2019)

The holographic AR industry value chain consists of three main parts. The upstream section refers to key hardware, software, services and providers and participants related to content production. The midstream participants is the provider of holographic AR solutions, integrating the upstream hardware and integrating software systems to form final products or solutions. The downstream refers to end-users, including governments, enterprises and household / individual consumers.

WiMi Hologram Cloud has the leading AR holographic application platform in China. According to Frost & Sullivan, WiMi Hologram Cloud is already the largest holographic AR application platform in China in terms of total revenue in 2017. In addition, WIMI established the most comprehensive and diversified holographic AR content library among all holographic AR solution providers in China. In terms of revenue, number of customers, holographic AR contents and the number of holographic AR patents and software copyright, WiMi Hologram Cloud ranks the first in the Chinese holographic AR industry. Throughout the year 2018, WiMi Hologram Cloud had approximately 4,654 AR holographic contents, 106 software copyrights and 219 technology patents. WiMi Hologram Cloud is dedicated to meeting the entertainment and business needs of customers and end users by its holographic technologies. According to Frost & Sullivan, the holographic AR application platform operated by WiMi Hologram Cloud covers the most extensive types of holographic AR products in China. The comprehensive platform application of WIMI Holographic Cloud is a key factor that distinguishes WiMi Hologram Cloud from its competitors. 

According to the disclosure and prompt of Unicorns Had Known Earlier, WiMi Hologram Cloud has submitted a prospectus and submitted an initial public offering (IPO) application to the US Securities and Exchange Commission. From the prospectus, a real WIMI holographic cloud can be seen, and after careful study, the holographic cloud industry is finally eye-opening.

* Source: U.S. SEC – FORM F-1, WiMi Hologram Cloud Inc., Securities and Exchange Commission (SEC), June 27, 2019.

Contact Detail:

Company Name: Insight Data Talking Institute
Contact Person: Ronald Sims
Email: morningstar.editors@gmail.com
Phone No: (+44) 20 7698 1963
Address: 215-217 Charlotte Street,
City: London
Country: United Kingdom
Website Url: http://www.insightdatatalking.com/

Source URL : http://kjnewswire.com/3857/one-china%E2%80%99s-5g-holographic-cloud-company-wimi-listed-ipo-nasdaq-united-states

Mastermind Connections and Resume Strategy Bring Executives

  • “We believe that collaboration with like-minded peers holds the key to business success. Apart from membership, we offer a resources list for job seekers, resume writing and personal coaching, a blog, and success stories of other members,” say Sheldon and Chad.
  • Two new platforms are helping executives take the next step ahead in their careers through the power of collaboration. Sheldon Helfgot and Chad Coe have joined hands to launch Mastermind Connections and Resume Strategy, but these are no ordinary recruitment consultancies. Through interaction with peers, they bring business success closer by grooming candidates in every important aspect.

    (July 3, 2019) – Two new platforms are helping executives take the next step ahead in their careers through the power of collaboration. Sheldon Helfgot and Chad Coe have joined hands to launch Mastermind Connections and Resume Strategy, but these are no ordinary recruitment consultancies. Through interaction with peers, they bring business success closer by grooming candidates in every important aspect.

    Mastermind Connections caters to Chicago’s senior executives who are aiming at climbing the ladder of success. The way to achieve it is through collaboration and connection. The Mastermind format uses proven ways to problem solving, and help executives get organized, set priorities, and gain renewed self-confidence for speedy results.

    The membership scheme of Mastermind Connections comes with benefits such as weekly executive peer group meetings, introductions and connections, goals workshop, and access to Hoover’s databases for contacting decision makers at target companies.

    We believe that collaboration with like-minded peers holds the key to business success. Apart from membership, we offer a resources list for job seekers, resume writing and personal coaching, a blog, and success stories of other members,” say Sheldon and Chad.

    Career transition is no easy task for executives. Sheldon and Chad’s team offers them proven processes, resume writing assistance, and coaching for interviews, negotiations and personal branding.

    At Resume Strategy, Chicago’s top executive resume writing service, the underlying philosophy is to get it right the first time. The service has come up with an effective process to communicate one’s talent and value. The team ensures that keywords match automated searches. They prepare candidates to articulate their talent and value, and find the brands that match their talent. Other services include assistance with cover letters, LinkedIn profile writing, personal bios, interview preparation and transition coaching.

    Contact Detail:

    Company Name: Resume Strategy
    Contact Person: Sheldon Helfgot & Chad Coe
    Email: shelwrite@aol.com
    Phone No: 847-253-5333
    Address: 1121 Lake Cook Rd., Ste P
    City: Deerfield
    State: IL
    Country: United States
    Website Url: www.resumestrategy.com


    Source: www.PRExhibition.com

    SafePOS Consensus Mechanism Going Further Above POW and POS

    Hongkong, Jul 7, 2019 — SafePOS consensus mechanism was successfully launched on June 24, 2019, and the main network of SAFE net was upgraded to V2.6.  On January 8, 2018, SAFE public chain was online in the main network. SafePay (instant payment, private payment, TOS offline payment), SafeAsset (digital asset issuance and management), SafeVote (decentralized voting), SafeSecurity (Blockchain application security detection service), SafePlay (online games based on digital assets), SafeConsult (providing overall solutions based on Blockchain for government agencies, enterprises and institutions) and SafeGem (digital asset hardware wallet) are seven application scenarios of the bottom-level technology platform of the Blockchain, which are positioned as a payment platform and an application development platform focusing on application security and privacy protection.

     

    Blockchain is a shared, immutable ledger realized by technologies such as P2P network transmission and encryption algorithms. A complete, open, transparent, stable, and efficient node validation mechanism is required to enable each node to correctly understand and process accounting information. This mechanism is often referred to as a consensus mechanism. POW and POS are two basic consensus algorithms for Blockchain today:

     

    POW (Proof of Work), the workload proves that the resource consumption is high and the supervision is weak. Every time a consensus is reached, the whole network needs to participate in the calculation, and the performance efficiency is relatively low.

     

    POS (Proof of Stake), the proof of rights and interests, the node obtains the bookkeeping right, relative to POW, to a certain extent reduces the resource consumption caused by mathematical calculations, and the performance is also improved accordingly.

     

    After a comprehensive comparison of the existing mainstream consensus algorithm mechanisms, through the in-depth study of the SAFE team, a unique SafePOS consensus mechanism has been formed. The SafePOS Consensus first abandoned the old POW mechanism and instead sought the best solution between POS and DPoS.

     

    Comparison between SafePOS and mainstream consensus algorithms

     

    Different consensus mechanisms have their own advantages and disadvantages.  At present, SafePOS and mainstream consensus algorithms are compared horizontally mainly according to safety, scalability and TPS performance.

    1

     

    What happens after SAFE upgrading from POW to SafePOS?

     

    First, in terms of processing performance, the block output speed of the SAFE switch to SafePOS is stable at 30 seconds, which is 10 times higher than the original block output speed. The actual performance of the TPS is greatly improved, providing a basis for application upgrades.

     

    Second, compared to the POW mechanism, SafePOS can be a green Blockchain without the need for a physical high-energy mining machine.

     

    Third, the pool model leads to excessive concentration of computing power, 51% attack becomes possible and the new algorithm is more random and decentralized.

     

    Fourth, reasonable distribution of token incentives that. The construction of the Master nodes will obtain 90% of the mining revenue, which can stimulate more users to build the Master nodes (currently there are more than 5,200 Master nodes in the entire network), which is conducive to the stability and security of the network.

     

    SafePOS combines its own network characteristics and future planning to greatly improve the overall consensus on POW and POS, thus strengthening the balance among SAFE performance, decentralization and scalability. It opens up more space for extending and landing applications.

     

    Contact Detail:

    Company Name: SAFE FUNDATION LTD.
    Contact Person: Bess Hu
    Email: morningstar.editors@gmail.com
    Phone No: +86-13691609890
    Address: 19th Langshan Road, Nanshan District
    City: SHENZHEN
    State: GUANGDONG
    Country: China
    Website Url: http://WWW.ANWANG.COM

    SourceURL: http://kjnewswire.com/3839/safepos-consensus-mechanism-going-further-above-pow-and-pos

    WIMI Hologram Cloud Listed IPO in the united States, and China’s 5G Holographic AI Vision Company Made Profits and was Listed on NASDAQ Global Board

    Hongkong, Jul 7, 2019 — At the World Internet Conference, China’s first real-tome holographic broadcast technology has attracted the attention of multiple media reports such as reports of CCTV, Zhejiang Satellite TV, China News Service, CGTN and so forth, who experienced 5G holographic live broadcasts superimposed by 3D dynamic reconstruction and transmission technology. WIMI Hologram Cloud will list IPO in the United States, and China’s 5G holographic AI vision company has been profitable and plans to be listed on the NASDAQ Global Board. 5G holographic applications will bring great commercial value to humans.

     

    With the arrival of 5G, WIMI expects to cooperate more closely with more partners in the field of 5G real-time holographic communication, and jointly promote the new technology and communication application scenarios to land as soon as possible and create a better future. Holographic communication needs to be achieved through the combination of various technologies. Users talk in front of a special camera consisting of a lens and a microphone, and the lens converts the user into digital images for network transmission. At the receiver end, the images are projected on a special steam device through a laser projector to realize the presentation of the 3D picture. In this implementation process, it requires the close coordination of 5G high-speed transmission technology, AR, holographic laser projection and other technologies. The difficulties that need to be faced can not be summarized in a sentence or two.

     

    WIMI Hologram Cloud ’s holographic cloud published its IPO prospectus globally on June 27, 2019 in the United States. Its net profits exceeded 89 million yuan in 2018, making profits for two consecutive years. The IPO of WIMI Hologram Cloud was listed at NASDAQ Global Board, and as the first share of global holographic AI vision, the profit growth space has been opened. With the development of 5G holographic communication, WIMI Hologram Cloud ’s holographic cloud, which was established only four years ago, is expected to be explosive in the future.

     

     

    Currently, the relatively mature applications of holographic AI include entertainment and advertising industry. With the improvement of people’s understanding and acceptance of this technology, holographic AI advertisements will be adopted by more brand owners, and holographic Ai shopping will gradually become popular in the e-commerce platform. In addition, as holographic AI technology matures, more application fields will be developed to expand the value of this technology. The listing of the first share of IPO of holographic AI vision at NASDAQ in the United States will ignite the enthusiasm of AI vision companies in listing.

     

    WIMI Hologram Cloud has the leading AR holographic application platform in China. According to Frost & Sullivan, WIMI Hologram Cloud is already the largest holographic AR application platform in China in terms of total revenue in 2017. In addition, WIMI established the most comprehensive and diversified holographic AR content library among all holographic AR solution providers in China. In terms of revenue, number of customers, holographic AR contents and the number of holographic AR patents and software copyright, WIMI Hologram Cloud ranks the first in the Chinese holographic AR industry. Throughout the year 2018, WIMI Hologram Cloud had approximately 4,654 AR holographic contents, 106 software copyrights and 219 technology patents. WIMI Hologram Cloud is dedicated to meeting the entertainment and business needs of customers and end users by its holographic technologies. According to Frost&Sullivan, the holographic AR application platform operated by WIMI Hologram Cloud covers the most extensive types of holographic AR products in China. The comprehensive platform application of WIMI Holographic Cloud is a key factor that distinguishes WIMI Hologram Cloud from its competitors.

     

    WIMI Holographic cloud plans to continue to improve and strengthen existing technologies, maintain its industry leadership and create an ecological business model. At present, WIMI Hologram Cloud ’s holographic facial recognition technology and holographic facial change technology are being applied to the existing holographic advertising and entertainment business, and the technologies are also being upgraded in order to make breakthroughs in more industry fields. WIMI Hologram Cloud is targeted at building a commercial ecological system based on the application of holographic technology.

     

    Along with the arrival of the 5G era, the future seems not to be no longer so far away. Unconsciously, holographic communication gradually reveals the possibility of realization. As the first share of IPO of 5G communication hologram application listed at NASDAQ in the United States, WIMI Hologram Cloud give us confidence to look forward to the future.

     

    Holographic communication needs to be achieved through a combination of various techniques. Users talk in front of a special camera consisting of a lens and a microphone, and the lens converts the user into digital images for network transmission. At the receiver end, the images are projected on a special optical device through a laser projector to realize the presentation of the 3D picture.

     

    In this implementation process, it requires the close coordination of 5G high-speed transmission technology, AR, holographic laser projection and other technologies. The difficulties that need to be faced can not be summarized in a sentence or two. In the process of implementing the holographic call, the 5G transmission technology will play a crucial role. It is precisely because 5G has high bandwidth, low latency, high reliability and other excellent features that we have the confidence to image the practical feasibility of holographic calls.

     

    In order to promote the rapid development of the “Internet +” industry, the National Development and Reform Commission decided to organize and implement the special projects of innovation capacity building in the field of “Internet +”, and incorporate the AR/VR technology in the special construction content. To solve the problem of poor user experience of virtual reality / augmented reality in China, a virtual reality / augmented reality innovation platform is built to support the R&D and engineering of technologies such as content shooting, data modeling, sensors, tactile feedback, new types of display, image processing, surround sound, (super) high-definition and high-performance terminal, virtual reality / augmented reality testing, etc. in order to achieve an improvement in the public service level of the industry.

     

    It is clearly pointed out in the 13th Five-Year Plan National Science and Technology Innovation Plan that the vigorous development of natural human-computer interaction technology should focus on the R&D and application of technologies such as intelligent perception and cognition, virtual reality and natural interaction, semantic understanding and intelligent decision making, cloud fusion interaction and wearable technologies. Especially in the field of virtual reality and augmented reality, it is clearly proposed to break through a batch of key technologies such as virtual-real fusion rendering, true three-dimensional presentation, real-time positioning and registration, and human virtual reality technology, to form core equipment with independent intellectual property rights such as high-performance true three-dimensional displays, smart glasses, motion capture and analysis systems, and the complete set of personalized virtual reality devices, thus basically forming the normative standards of virtual reality and augmented reality technology in terms of display, interaction, content, interface, etc.

     

    It is indicated in the prospectus that due to the changes in bandwidth conditions of the 5G holographic communication network, the 5G holographic application market will usher in an explosion, and high-end applications such as holographic interactive entertainment, holographic meetings and holographic conferences have gradually spread to holographic social contact, holographic communication, holographic navigation, holographic family application and other directions. WIMI Hologram Cloud plans to support the holographic cloud platform services and 5G communication applications with multiple technologically innovative system based on the core technology of holographic AI facial recognition technology and holographic AI face changing technology.

     

    WIMI conducts the full-dimensional image scanning of the captured objects through building a multi-angle shooting and real-time modeling system to synthesize a three-dimensional model in real time. Six degree matrix type light field: makes comprehensive use of multiple light sources to construct the imaging field of holographic virtual image. Binocular parallax intelligent enhancement system: dynamically tracks object trajectory and adjust the light in the acquisition process to maintain the equilibrium value of binocular difference. Multi-image dynamic fusion system: is a multidimensional image wide-angle acquisition technology in narrow space, and is applied to cloud vision miniaturization holographic stack. Holographic image high-speed processing algorithm: conducts the fast processing of image information and ensure the rendering effect with processing rate up to 10GB/second. Invisible polyester optical imaging film: is a key component of holographic imaging, allowing holographic images to be perfectly displayed. Holographic virtual character painting sound reconstruction technology: uses human bone dynamic capture, image real-time rendering, speech recognition technology and sound simulation technology to present virtual people. Holographic cloud spectrum platform: covers the national image acquisition and restoration, and it is the interactive platform for data storage, image restoration and holographic social attributes. WIMI Hologram Cloud builds a complete 5G holographic communication application platform through the above system combination to support various online terminal and personal device applications, while expanding various mainstream 5G holographic application of holographic social communication, holographic family interaction, holographic star interaction, holographic online education and holographic online conference, etc.

     

    According to the reports of Unicorns Had Known Earlier, WIMI Hologram Cloud integrates the identity of holographic AI cloud software developers, service providers and operators, and has become one of the largest integrated platform in the holographic AI field in the country. if there is no chip, it is difficult to combine with the algorithm. In this process, the boundary is blurred. With the continuous evolution of technology, the constant deepening of the scene raises more needs. At this stage, an important scene will be selected for the Internet of Things to better combine computing power with application services.

    IMG_256

     (Source: Unicorns Had Known Earlier)

     

    In 2018, WIMI Hologram Cloud ranked first in the number of customers, holographic AR contents, holographic AR patents and software copyrights in China’s holographic AR industry. The IPO prospectus of WIMI Hologram Cloud was listed globally in the United States on June 27, 2019. The net profit in 2018 exceeds 89 million yuan, making profits for two consecutive years. As the first share of global holographic AI vision, WIMI Hologram Cloud listed he IPO at NASDAQ Global Board in the United States, and the profit growth space has been opened. With the development of 5G holographic communication, WIMI Hologram Cloud ’s holographic cloud, which was established only four years ago, is expected to be explosive in the future.

     

    It is predicted that by 2035, the world’s economic output will increase by 4% due to 5G, corresponding to the scale of 12.3 trillion U.S. dollars, and the global GDP in 2035 will also increase by 7% because of 5G. The analysis on China suggests that by 2035, China’s GDP will increase by about 1 trillion U.S dollars due to the development of 5G, driving about 10 million new employment positions. “This is not only for China, but for the United States.”

     

    It is believed in the industry that holographic image communication utilizes the high-rate characteristics of 5G networks to transmit large amounts of 3D video signals, which can present a more realistic world for users, and it has a qualitative leap in interactivity and may become a subversive technology of Internet socialization. At present, Samsung, Facebook, Apple, Google, Huawei and other technology giants are involved in the R&D of technologies in this field, showing the broad prospects of the technology application. At present, the number of companies engaged in the holographic projection field in China has also greatly improved. According to statistics, there have been up to a thousand holographic projection companies, and the market capacity has also risen to 10 billion. At the World Internet Conference, China’s first real-tome holographic broadcast technology has attracted the attention of multiple media reports such as reports of CCTV, Zhejiang Satellite TV, China News Service, CGTN and so forth, who experienced 5G holographic live broadcasts superimposed by 3D dynamic reconstruction and transmission technology. WIMI Hologram Cloud will list IPO in the United States, and China’s 5G holographic AI vision company has been profitable and plans to be listed on the NASDAQ Global Board. 5G holographic applications will bring great commercial value to humans.

    Contact Detail:

    Company Name: Insight Data Talking Institute
    Contact Person: Ronald Sims
    Email: morningstar.editors@gmail.com
    Phone No: (+44) 20 7698 1963
    Address: 215-217 Charlotte Street,
    City: London
    Country: United Kingdom
    Website Url: http://www.insightdatatalking.com/

    SourceURL: http://kjnewswire.com/3835/wimi-hologram-cloud-listed-ipo-united-states-and-china%E2%80%99s-5g-holographic-ai-vision-company-made

    WIMI Hologram Cloud Listed IPO in the United States, and will the global view on China’s 5G Holographic AI Vision be Changed?

    Hongkong, Jul 7, 2019 — China values 5G because it will drive many new applications in consumption, and there will be many applications in the industry in the future. 1G to 4G is mainly for consumer applications, while 5G should be expanded into industrial applications and penetrated all aspects including telemedicine, distance education, smart city, automatic driving and agriculture, etc. With WIMI Holographic AR’s listing of IPO in the United States, the global view on China’s 5G holographic AI vision will be changed? In the long run, the return on industrial applications may be greater than that for consumer-oriented applications, but it may still focus on consumption applications at the beginning of the 5G.

     

    WIMI Hologram Cloud has the leading AR holographic application platform in China. According to Frost & Sullivan, WIMI Hologram Cloud is already the largest holographic AR application platform in China in terms of total revenue in 2017. In addition, WIMI established the most comprehensive and diversified holographic AR content library among all holographic AR solution providers in China. In terms of revenue, number of customers, holographic AR contents and the number of holographic AR patents and software copyright, WIMI Hologram Cloud ranks the first in the Chinese holographic AR industry. Throughout the year 2018, WIMI Hologram Cloud had approximately 4,654 AR holographic contents, 106 software copyrights and 219 technology patents. WIMI Hologram Cloud is dedicated to meeting the entertainment and business needs of customers and end users by its holographic technologies. According to Frost & Sullivan, the holographic AR application platform operated by WIMI Hologram Cloud covers the most extensive types of holographic AR products in China. The comprehensive platform application of WIMI Holographic Cloud is a key factor that distinguishes WIMI Hologram Cloud from its competitors.

     

    WIMI Hologram AR’s holographic cloud published its IPO prospectus globally on June 27, 2019 in the United States. Its net profits exceeded 89 million yuan in 2018, making profits for two consecutive years. In the first quarter of 2019, the net profit increased by 68%, and the profit growth space has been opened. With the development of 5G holographic communication, WIMI Hologram AR’s holographic cloud, which was established only four years ago, is expected to be explosive in the future.

     

    WIMI Hologram AR’s revenue comes from AR advertising service revenue and AR entertainment revenue. AR advertising services use the holographic materials and integrate them into advertisements on online media platforms or offline displays. When the relevant services are delivered according to the specific terms of the contract, WIMI will generate revenue.

     

    AR entertainment revenue includes software development kit (“SDK”) payment channel services, software development, game services and technology development. When the user completes the payment transaction by SDK payment, relevant income will generate after deducting the payment to content provider. WIMI Hologram Cloud earns revenue from sales software development services.

     

    The holographic AR industry value chain consists of three main parts. The upstream section refers to key hardware, software, services and providers and participants related to content production. The midstream participant is the provider of holographic AR solutions, integrating the upstream hardware and integrating software systems to form final products or solutions. The downstream refers to end-users, including governments, enterprises and household / individual consumers.

     

    The business models of midstream and upstream participants are different. When hardware, software and service providers focus on R&D to further enhance their core technologies and reduce production costs, holographic AR device integrators and content creators must identify target users, build brand reputation and enhance the user experience. Some holographic AR device integrators have strong internal research capabilities, and play a role in the upstream and midstream markets, which is very common. WIMI Hologram Cloud is currently involved in the upstream segment, including the development of software, the provision of content production technologies and the creation and distribution of contents, as well as the midstream segment, that is, the provision of holographic AR solutions.

     

    There are two types of holographic AR in advertising: volumetric 3D display technology and online APP. For example, Snapchat and Instagram have developed the AR filter ads featureing fast moving consumer goods (“FMCG”) and cosmetics. Another type of advertisement is a “plug-in” advertisement in a television show that promotes the products by manually adding a computer-generated 3D image to the original scene.


    Source: Frost & Sullivan

     

    In 2016, China’s holographic AR advertising market size reached 900 million yuan, and it is estimated that the compound annual growth rate will be 71.8% in 2016 – 2020, and the compound annual growth rate will be 71.8% in 2020 – 2025 and will up to 143.9 billion yuan in 2025. In 2016, China’s holographic AR advertising market reached 900 million yuan. It is estimated the compound annual growth rate will be 71.8% in 2016 – 2020, and the compound annual growth rate will be 71.8% in 2020 – 2025 and will up to 143.9 billion yuan in 2025. This growth is mainly driven by the boom in the advertising industry and the new retail industry. As advertisers have been pursuing the most cutting-edge visual effects to attract customers, and AR applications in advertisements are constantly diversifying.

     

    Entertainment: The first industry to adopt holographic AR applications is the entertainment industry. From the Hatsune Miku, the hologram of the late singer Teresa Teng, the heat of the Pokemon Go, the AR game, the holographic live convert, and the fashion show all warmly welcome the holographic AR.


    Source: Frost & Sullivan

     

    In 2016, China’s holographic AR application market is 600 million yuan in entertainment industry. The compound annual growth rate is expected to be 83.5% in 2016 – 2020, and the compound annual growth rate is expected to be 92.8% in 2020 – 2025 and will reach 180 billion yuan in 2025. This growth is attributable to the increasing popularity of entertainment broadcasts, especially live broadcasts, including ceremonies, concerts, evening parties and sports events, where AR has great potential. In addition, the enhancement of live broadcasting capabilities brought by smartphone and other portable digital devices has contributed to this growth.

     

    The development of 5G requires a process, just like that China has experienced six or seven years to develop 4G to the present sale. It will also take seven or eight years for 5G to cover the present scale of 4G in the future. It is predicted that by 2035, the world’s economic output will increase by 4% due to 5G, corresponding to the scale of 12.3 trillion U.S. dollars, and the global GDP in 2035 will also increase by 7% because of 5G. The analysis on China suggests that by 2035, China’s GDP will increase by about 1 trillion U.S dollars due to the development of 5G, driving about 10 million new employment positions. “This is not only for China, but for the United States.”

     

    It is believed in the industry that holographic image communication utilizes the high-rate characteristics of 5G networks to transmit large amounts of 3D video signals, which can present a more realistic world for users, and it has a qualitative leap in interactivity and may become a subversive technology of Internet socialization. At present, Samsung, Facebook, Apple, Google, Huawei and other technology giants are involved in the R&D of technologies in this field, showing the broad prospects of the technology application. At present, the number of companies engaged in the holographic projection field in China has also greatly improved. According to statistics, there have been up to a thousand holographic projection companies, and the market capacity has also risen to 10 billion.

     

    China values 5G because it will drive many new applications in consumption, and there will be many applications in the industry in the future. 1G to 4G is mainly for consumer applications, and 5G should be extended to industrial applications and penetrate into telemedicine, distance education, smart city, automatic driving, agriculture and other aspects. WIMI Hologram Cloud listed IPO in the United States, which will make the world to change its view on China’s 5G holographic AI vision applications.

     

    Contact Detail:

    Company Name: Insight Data Talking Institute
    Contact Person: Ronald Sims
    Email: morningstar.editors@gmail.com
    Phone No: (+44) 20 7698 1963
    Address: 215-217 Charlotte Street,
    City: London
    Country: United Kingdom
    Website Url: http://www.insightdatatalking.com/

    SourceURL:
    http://kjnewswire.com/3836/wimi-hologram-cloud-listed-ipo-united-states-and-will-global-view-china%E2%80%99s-5g-holographic-ai

    IPO at NASDAQ in the United States: China’s 5G Holographic Communication WIMI Hologram Cloud Leads the Global AR+AI Technology

    Hongkong, Jul 7, 2019 — Due to changes in the bandwidth of 5G communication networks, high-end holographic applications have been gradually been applied to social media, communications, navigation, home applications and other application scenarios. WIMI Hologram Cloud plans to provide the holographic cloud platform service through 5G communication network. WIMI Hologram Cloud listed the first share of IPO of 5G communication holographic application at NASDAQ in the United States, which will put China’s 5G communication application onto the leading stage of international holographic AI technology.

     

    At the World Mobile Conference, China Unicom demonstrated the 5G holographic communication system based on reality augmentation technology, which attracted much attention at the conference. It is reported that relying on Unicom’s 5G network and with AR equipment as a carrier, this system, equipped with customized application software, is possible to achieve many advanced applications such as remote industrial manufacturing, remote on-site exploration, high-precision technology maintenance quality inspection and telemedicine. The holographic communication technology can effectively break the limitation of space distance, and at the same time, it also contributes to the development of collaborative affairs. China Unicom is taking advantage of the huge potential of holographic communication in many fields.

     

    With the rapid construction of 5G, its large-scale commercialization is not far away. At present, the 5G construction is vigorously promoting all over the world to seize the opportunity. In the communications industry, operators take the lead, and the upstream and downstream enterprises in the industry cooperate with each other closely to provide related equipment and supporting services. Communications equipment companies, including Huawei, ZTE, Ericsson and Nokia are competing fiercely for more orders. The competition for 5G has entered the white-hot stage.

     

    As an emerging industry, the global holographic AR market has great growth potential. Since 2016, it has attracted a lot of investment and made a huge contribution to the growth of the industry. Several organizations, including R&D institutions, are investing heavily in the technology, and are developing solutions for enterprises and consumer groups. For many years, the holographic augmented reality market has been widely used in applications such as games, media and marketing. Its expanding application in different sectors, such as advertising, entertainment, education and retail, is expected to boost demand during the forecast period.

     

    Global Holographic AR Market Size by Revenue, 2016 – 2025E


     

    Note: Hardware refers to the revenue of hardware manufacturers, including AR rendering device, such as AR glasses, AR helmets, etc. as well as holographic imaging devices, such as holographic projectors, holographic cabinets, holographic advertising machines, etc. Software and contents refer to the revenue of participants who provide the addition of AR and holographic contents, ARSDK or technical services. Source: Frost & Sullivan

     

    According to the prospectus, the net profit of WIMI Hologram Cloud increased from 73.33 billion yuan in 2017 to 89.21 billion yuan in 2018. The total revenue increased from 492,262,626 yuan in the first quarter of 2018 to 78.492,282 yuan in the first quarter of 2019, with an increase of 29,265,656 yuan, and the growing rate of 59.5%. The net profit increased from 22,226,934 yuan for the three months ended March 31, 2018 to 37,493,792 yuan for the three month ended March 31, 2019, with an increase of 15,266,858 yuan and the growing rate of 68.7%. The total revenue of WIMI Hologram Cloud increased from 192,029,524 yuan in 2017 to 225,271,564 yuan in 2018.

     

    From the above data, it is not difficult to see that the business growth of the entire WIMI Hologram Cloud is in a benign development trend. From 2017 – 2019, the financial revenue of the three years continued to increase. The amount of revenue that this market feeds back is increasing, and the market is expanding.

     

    According to the reports of Unicorns Had Known Earlier, WIMI Hologram Cloud integrates the identity of holographic AI cloud software developers, service providers and operators, and has become one of the largest integrated platform in the holographic AI field in the country. if there is no chip, it is difficult to combine with the algorithm. In this process, the boundary is blurred. With the continuous evolution of technology, the constant deepening of the scene raises more needs. At this stage, an important scene will be selected for the Internet of Things to better combine computing power with application services.

    IMG_256

     (Source: Unicorns Had Known Earlier)

     

    WIMI Hologram Cloud’s product layout commercial application scenarios are mainly concentrated in five major professional fields such as home entertainment, light field theater, performing arts system, commercial publishing system and advertising display system. The international patent protection area reached by WIMI Hologram Cloud will ensure the user experience in China to reach the level of exclamation with the strict patent technology protection and the best holographic AI simulation experience as the guarantee. Until now, the artificial intelligence industry has not formed a large market, and no company can achieve absolute market monopoly. Startup companies keep emerging in the filed of algorithms, frameworks, chips, modules, accelerators and so on.

     

    AR applications are currently mainly used in entertainment, advertising, education and other industries. Their hardware environment is relatively mature and is very beneficial to the development of software and content in these fields. In the long run, applications will also appear in social networking and communications field, although these applications are still limited by hardware technology.

     

    Distribution of China’s AR Market

     

    In the past few centuries, the mainstream visual display media has experienced an extraordinary shift from paper (book) to large screen (television / computer) and small screen (smart phone). Despite the ever-increasing quality of visual display media, it is still far from the ultimate goal – the perfect combination of virtuality and reality, and human has never approached this goal in holographic AR technology. Thus, the motivation to achieve the ultimate goal of visual display media will drive continuous efforts in this field and will ensure that once market conditions are ripe, it will be widely accepted and adopted.

     

    It is indicated in the prospectus that due to the changes in bandwidth conditions of the 5G holographic communication network, the 5G holographic application market will usher in an explosion, and high-end applications such as holographic interactive entertainment, holographic meetings and holographic conferences have gradually spread to holographic social contact, holographic communication, holographic navigation, holographic family application and other directions. WIMI Hologram Cloud plans to support the holographic cloud platform services and 5G communication applications with multiple technologically innovative system based on the core technology of holographic AI facial recognition technology and holographic AI face changing technology.

     

    WIMI conducts the full-dimensional image scanning of the captured objects through building a multi-angle shooting and real-time modeling system to synthesize a three-dimensional model in real time. Six degree matrix type light field: makes comprehensive use of multiple light sources to construct the imaging field of holographic virtual image. Binocular parallax intelligent enhancement system: dynamically tracks object trajectory and adjust the light in the acquisition process to maintain the equilibrium value of binocular difference. Multi-image dynamic fusion system: is a multidimensional image wide-angle acquisition technology in narrow space, and is applied to cloud vision miniaturization holographic stack. Holographic image high-speed processing algorithm: conducts the fast processing of image information and ensure the rendering effect with processing rate up to 10GB/second. Invisible polyester optical imaging film: is a key component of holographic imaging, allowing holographic images to be perfectly displayed. Holographic virtual character painting sound reconstruction technology: uses human bone dynamic capture, image real-time rendering, speech recognition technology and sound simulation technology to present virtual people. Holographic cloud spectrum platform: covers the national image acquisition and restoration, and it is the interactive platform for data storage, image restoration and holographic social attributes.

     

    WIMI Hologram Cloud builds a complete 5G holographic communication application platform through the above system combination to support various online terminal and personal device applications, while expanding various mainstream 5G holographic application of holographic social communication, holographic family interaction, holographic star interaction, holographic online education and holographic online conference, etc. Due to the changes in the bandwidth of 5G communication networks, high-end holographic applications are increasingly being applied to social media, communications, navigation, home applications and other application scenarios. WIMI Hologram Cloud plans to provide the holographic cloud platform services based on two core technologies: holographic artificial intelligence face recognition technology and holographic artificial intelligence face modification technology through the 5G communication network. WIMI Hologram Cloud listed the first share of its IPO of the 5G communication holographic application at NASDAQ in the United States, which will put China’s 5G communication application on the leading stage of international science and technology.

     

    Contact Detail:

    Company Name: Insight Data Talking Institute
    Contact Person: Ronald Sims
    Email: morningstar.editors@gmail.com
    Phone No: (+44) 20 7698 1963
    Address: 215-217 Charlotte Street,
    City: London
    Country: United Kingdom
    Website Url: http://www.insightdatatalking.com/

    SourceURL:
    http://kjnewswire.com/3837/ipo-nasdaq-united-states-china%E2%80%99s-5g-holographic-communication-wimi-hologram-cloud-leads-global

    Listing on NASDAQ Global Board is Confirmed, WIMI Hologram Cloud Initated the First Share of IPO of AR Hologram in the United States

    Hongkong, Jul 7, 2019 — According to media report, WIMI Hologram Cloud’s listing that was repeatedly reported but refused to be acknowledged is finally confirmed. WIMI Hologram Cloud puts itself on overseas market for listing. The news that WIMI Hologram Cloud will list the IPO in July has finally progressed again.

     

    From the above data of WIMI Hologram Cloud, it is not difficult to find that the business growth of the entire WIMI Hologram Cloud is in a benign development trend. From 2017 to 2019, its financial revenue in these three years continued to increase. The amount of revenue that this market feeds back is increasing, and the market is expanding. WIMI Hologram Cloud is dedicated to enriching the holographic content combination of WIMI Hologram Cloud, and providing high-quality holographic experience for the customers and end users of WIMI Hologram Cloud. WIMI Hologram Cloud plans to continuously expand the holographic content library through various ways.

     

    WIMI Hologram Cloud’s holographic cloud published its IPO prospectus globally on June 27, 2019 in the United States. Its net profits exceeded 89 million yuan in 2018, making profits for two consecutive years. In the first quarter of 2019, the net profit increased by 68%, and the profit growth space has been opened. With the development of 5G holographic communication, WIMI Hologram Cloud’s holographic cloud, which was established only four years ago, is expected to be explosive in the future.

     

    According to the prospectus, the net profit of WIMI Hologram Cloud increased from 73.33 billion yuan in 2017 to 89.21 billion yuan in 2018. The total revenue increased from 492,262,626 yuan in the first quarter of 2018 to 78.492,282 yuan in the first quarter of 2019, with an increase of 29,265,656 yuan, and the growing rate of 59.5%. The net profit increased from 22,226,934 yuan for the three months ended March 31, 2018 to 37,493,792 yuan for the three month ended March 31, 2019, with an increase of 15,266,858 yuan and the growing rate of 68.7%. The total revenue of WIMI Hologram Cloud increased from 192,029,524 yuan in 2017 to 225,271,564 yuan in 2018.

     

    According to the reports of Unicorns Had Known Earlier, WIMI Hologram Cloud integrates the identity of holographic AI cloud software developers, service providers and operators, and has become one of the largest integrated platform in the holographic AI field in the country. if there is no chip, it is difficult to combine with the algorithm. In this process, the boundary is blurred. With the continuous evolution of technology, the constant deepening of the scene raises more needs. At this stage, an important scene will be selected for the Internet of Things to better combine computing power with application services.

    IMG_256

     (Source: Unicorns Had Known Earlier)

     

    WIMI Hologram Cloud covers multiple links of holographic AR technologies such as holographic computer vision AI synthesis, holographic vision presentation, holographic interactive software development, holographic AR online and offline advertising launch, holographic ARSDK payment, 5G holographic communication software development, holographic face recognition development, and holographic AI face change development. It has the one-stop service capacity. At present, it has grown into one of the largest integrated technology provider of holographic cloud in China.

     

    although WIMI Hologram Cloud focuses on the organic business growth, WIMI Hologram Cloud can evaluate and selectively seek strategic alliance, investment and acquisition opportunities to complement and expand the existing business and operation of WIMI Hologram Cloud, just as what it did in China in the past. WIMI Hologram Cloud will continue to selectively acquire the supplementary services to expand the production capacity of holographic content of WIMI Hologram Cloud. The potential acquisition targets should also target companies with strong software engineering and middleware development capabilities as well as leading proprietary holographic technologies.

     

    Based on the image detection and recognition technology, template matching detection technology, video processing and recognition technology, holographic 3D layer replacement technology in imaging recognition, the dynamic fusion processing technology in imaging tracking, WIMI Hologram Cloud has embedded holographic AR advertising in the online video. WIMI Hologram Cloud expects to apply these technologies into its future strategic blueprint, such as the development and application of holographic 3D face recognition technology and holographic face modification technology.

     

    In recent years, the application market for the face recognition industry has continued to expand. For better accuracy and quality, the face recognition application presents a trend of transition from two-dimensional technology to three-dimensional technology. The reason for this trend is that 2D face recognition technology is susceptible to posture, light, appearance and other factors, resulting in decrease in recognition rates. Therefore, WIMI Hologram Cloud believes that three-dimensional technology will gradually replace the three-dimensional face recognition technology. WIMI Hologram Cloud plans to providing 3D face recognition holographic cloud application services based on artificial intelligence algorithms. In the future, WIMI Hologram Cloud plans to meet potential customers in each industry through its 3D face recognition holographic cloud technology, such as customers in the field of home, retail, tourism, telecommunications, finance, national security, robotics, education, social media, terminal equipment, business, transportation, smart business or other potential applications.

     

    Due to the changes in the bandwidth of 5G communication networks, high-end holographic applications are increasingly being applied to social media, communications, navigation, home applications and other application scenarios. WIMI Hologram Cloud plans to provide the holographic cloud platform services based on two core technologies: holographic artificial intelligence face recognition technology and holographic artificial intelligence face modification technology through the 5G communication network.

     

    WIMI Hologram Cloud focuses on computer vision holographic cloud services. It is one of the integrated entities of holographic cloud industry with the largest scale, the most complete industry chain and the best performance, aiming at becoming a holographic cloud platform with the most potential and most international influence.

     

    WIMI Hologram Cloud covers multiple links of holographic AR technologies such as holographic computer vision AI synthesis, holographic vision presentation, holographic interactive software development, holographic AR online and offline advertising launch, holographic ARSDK payment, 5G holographic communication software development, holographic face recognition development, and holographic AI face change development. It has the one-stop service capacity. At present, it has grown into one of the largest integrated technology provider of holographic cloud in China.

     

    WIMI Hologram Cloud has made major breakthroughs and leap-frog development in the field of holographic applications such as advertising, entertainment, education and 5G communication. Aiming at the in-depth R&D and market application of al links of holographic 3D computer vision, including vision collection, AI synthesis, transmission, presentation and application, it is committed to establishing a scalable and open service platform, building a bridge between the application of holographic technology and the presentation of holographic computer vision, realizing the presentation of the application of holographic computer vision in different scenarios and promoting the leap-forward development of the industry, in order to realize the vision of WIMI Hologram Cloud, “to become the creator of China’s holographic ecology”.

     

    WIMI Hologram Cloud’s advantages in the AR holographic industry are mainly reflected in: holographic 3D computer vision technology. The acquisition of holographic computer vision data is a highly simulated stereoscopic 3D computer vision formed by complex image information acquisition with dozens of cameras and the computer synthesis technology. The presentation of holographic computer vision allows people to see the image fused by 3D computer vision holographic vision and the real world through a fixed-terminal and mobile-terminal projection device. It is a way to realize the augmented reality. Holographic compute vision and augmented reality-related technologies have broad prospects for application, and their application scenarios include but are not limited to holographic cinemas, holographic theaters, holographic education, holographic advertising, holographic entertainment, holographic exhibition, holographic new retail, holographic high-end home applications, holographic on-board equipment, holographic social intercourse, holographic communications, etc.

     

    WIMI Hologram Cloud has almost occupied the leading position in the holographic industry: WIMI Hologram Cloud has become China’s largest holographic comprehensive solution provider, and the number of its holographic computer vision copyright, holographic technology-related patents and software copyright all ranks the first in the industry. With capabilities ranging from the production of computer vision, construction of service platform to the cloud software development and technical support and many other links, it has more comprehensive one-stop service capabilities than other companies in the same industry.

     

    WIMI Hologram Cloud’s strong and industry-leading technical strength: WIMI holographic computer vision AI synthesis: image information acquisition precision is about 10 times higher than the industry level, and its computer holographic vision AI synthesis processing ability is about 80% better than the industry average level.

     

    WIMI Hologram Cloud’s cloud software development: integrates multiple business and holographic technology functional modules to provide customers with one-stop solutions. WIMI Hologram Cloud’s business covers the AR holographic vision service, AR holographic advertising online / offline distribution, AR holographic scene comprehensive service and other AR holographic services. Relying on the talent advantage, it continues to give play to the technical level and the advantage of precipitation platform. After rapid development and precipitation in recent years, the company has accumulated experience in AR holographic applications in different industries and has developed a wealth of customer resources.

     

    WIMI Hologram Cloud’s technical platform is established on a highly expandable and flexible cloud-based basic framework that allows WIMI Hologram Cloud to store and utilize a large amount of real-time data collected from WIMI Hologram Cloud’s products and the third party, and ensure the high-speed performance in accommodating more business partners. WIMI Hologram Cloud uses complex data for excavation and uses users’ behavior for data analysis to create interest profiles for end users based on user behavior. WIMI Hologram Cloud collected user data from approximately 350 million reliable end-user groups through its holographic AR advertising service, and analyzed the data to obtain more than 2000 user tags.

     

    WIMI Hologram Cloud has a wide range of customers. As of December 31, 2017 and December 31, 2018, WIMI Hologram Cloud had 390 and 485 customers respectively. At present, WIMI Hologram Cloud’s customers mainly include advertisers, distribution channels, application developers and entertainment companies. WIMI Hologram Cloud’s customer base covers a wide range of industries including manufacturing, real estate, entertainment, technology, media and telecommunications, tourism, education and retail.

     

    With the rapid development of the company’s scale, WIMI Hologram Cloud needs to supplement the research and development strength, and high-quality IP and the introduction of scientific and technological innovation talents have become factors for further development and growth. The company urgently needs to increase the investment in R&D and the reserve of IP resources to enhance the company’s core competitiveness and seize the favorable opportunity of rapid market development, bringing the development of the company to a new level. In Citi’s view, holographic technology will eventually lead to a decline in human demand for physical matter, and the future will be the digital paradise era where everything is possible.

     

    Contact Detail:

    Company Name: Insight Data Talking Institute
    Contact Person: Ronald Sims
    Email: morningstar.editors@gmail.com
    Phone No: (+44) 20 7698 1963
    Address: 215-217 Charlotte Street,
    City: London
    Country: United Kingdom
    Website Url: http://www.insightdatatalking.com/

    SourceURL: http://kjnewswire.com/3838/listing-nasdaq-global-board-confirmed-wimi-hologram-cloud-initated-first-share-ipo-ar-hologram

    WIMI Hologram Cloud , China’s 5G Holographic Application Company, IPO Lists On NASDAQ

    Hongkong, Jul 7, 2019 — Along with the arrival of the 5G era, holographic communication gradually reveals the possibility of realization. Recently, WIMI Hologram Cloud , as China’s 5G communication holography application company, will launch an IPO on NASDAQ.

     

    WIMI Hologram Cloud ’s holographic cloud published its IPO prospectus globally on June 27, 2019 in the United States. Its net profits exceeded 89 million yuan in 2018, making profits for two consecutive years. In the first quarter of 2019, the net profit increased by 68%, and the profit growth space has been opened. With the development of 5G holographic communication, WIMI Hologram Cloud ’s holographic cloud, which was established only four years ago, is expected to be explosive in the future.

    WIMI Hologram Cloud plans to continue to improve and strengthen existing technologies, maintain industry leadership and create an ecological business model. At present, the holographic face recognition technology and holographic face change technology of WIMI Hologram Cloud are being applied to the existing holographic advertising and entertainment business of WIMI Hologram Cloud , and the technology is also being upgraded in order to make breakthroughs in more industry fields. WIMI Hologram Cloud is targeted at building a commercial ecosystem based on holographic technology applications.

     

    Holographic communication needs to be achieved through a combination of various techniques. Users talk in front of a special camera consisting of a lens and a microphone, and the lens converts the user into digital images for network transmission. At the receiver end, the images are projected on a special optical device through a laser projector to realize the presentation of the 3D picture. In this implementation process, it requires the close coordination of 5G high-speed transmission technology, AR, holographic laser projection and other technologies. The difficulties that need to be faced can not be summarized in a sentence or two. In the process of implementing the holographic call, the 5G transmission technology will play a crucial role. It is precisely because 5G has high bandwidth, low latency, high reliability and other excellent features that we have the confidence to image the practical feasibility of holographic calls.

     

    In recent years, the application market for the face recognition industry has continued to expand. For better accuracy and quality, the face recognition application presents a trend of transition from two-dimensional technology to three-dimensional technology. The reason for this trend is that 2D face recognition technology is susceptible to posture, light, appearance and other factors, resulting in decrease in recognition rates. Therefore, WIMI Hologram Cloud believes that three-dimensional technology will gradually replace the three-dimensional face recognition technology. WIMI Hologram Cloud plans to providing 3D face recognition holographic cloud application services based on artificial intelligence algorithms. In the future, WIMI Hologram Cloud plans to meet potential customers in each industry through its 3D face recognition holographic cloud technology, such as customers in the field of home, retail, tourism, telecommunications, finance, national security, robotics, education, social media, terminal equipment, business, transportation, smart business or other potential applications.

     

    Based on the image detection and recognition technology, template matching detection technology, video processing and recognition technology, holographic 3D layer replacement technology in imaging recognition, the dynamic fusion processing technology in imaging tracking, WIMI Hologram Cloud has embedded holographic AR advertising in the online video. WIMI Hologram Cloud expects to apply these technologies into its future strategic blueprint, such as the development and application of holographic 3D face recognition technology and holographic face modification technology.

     

    The holographic face modification technology is based on the holographic three-dimensional layer replacement technology of WIMI Hologram Cloud , including image recognition and artificial intelligence-based dynamic fusion processing technology, to track images in real time and replace faces with other faces. This technology replaces the faces in the video frame, synthesizes the video and adds the original audio. In the holographic AR plug-in advertising application, WIMI Hologram Cloud has verified these technology modules, and continues to develop and upgrade these technology modules. WIMI Hologram Cloud believes that this technology will bring new business growth to applications such as celebrity advertising and movie release and live video streaming.

     

    At the World Mobile Conference, China Unicom demonstrated the 5G holographic communication system based on reality augmentation technology, which attracted much attention at the conference. It is reported that relying on Unicom’s 5G network and with AR equipment as a carrier, this system, equipped with customized application software, is possible to achieve many advanced applications such as remote industrial manufacturing, remote on-site exploration, high-precision technology maintenance quality inspection and telemedicine. The holographic communication technology can effectively break the limitation of space distance, and at the same time, it also contributes to the development of collaborative affairs. China Unicom is taking advantage of the huge potential of holographic communication in many fields.

     

    With the rapid construction of 5G, its large-scale commercialization is not far away. At present, the 5G construction is vigorously promoting all over the world to seize the opportunity. In the communications industry, operators take the lead, and the upstream and downstream enterprises in the industry cooperate with each other closely to provide related equipment and supporting services. Communications equipment companies, including Huawei, ZTE, Ericsson and Nokia are competing fiercely for more orders. The competition for 5G has entered the white-hot stage.

     

    Due to the changes in the bandwidth of 5G communication networks, high-end holographic applications are increasingly being applied to social media, communications, navigation, home applications and other application scenarios. WIMI Hologram Cloud plans to provide the holographic cloud platform services based on two core technologies: holographic artificial intelligence face recognition technology and holographic artificial intelligence face modification technology through the 5G communication network. WIMI Hologram Cloud listed the first share of its IPO of the 5G communication holographic application at NASDAQ in the United States, which will put China’s 5G communication application on the leading stage of international science and technology.

    Contact Detail:

    Company Name: Insight Data Talking Institute
    Contact Person: Ronald Sims
    Email: morningstar.editors@gmail.com
    Phone No: (+44) 20 7698 1963
    Address: 215-217 Charlotte Street,
    City: London
    Country: United Kingdom
    Website Url: http://www.insightdatatalking.com/

    SourceURL: http://kjnewswire.com/3833/wimi-hologram-cloud-chinas-5g-holographic-application-company-ipo-lists-nasdaq

    WIMI Hologram Cloud IPOs On NASDAQ Shows Chinese Holographic AR Vision Market Growing Rapidly

     

    Hongkong, Jul 7, 2019 – – WIMI Hologram Cloud ‘s IPO on NASDAQ Global Market will make China a global leader in the field of holographic AR vision. WIMI Hologram Cloud covers multiple links of holographic AR technologies such as holographic computer vision AI synthesis, holographic vision presentation, holographic interactive software development, holographic AR online and offline advertising launch, holographic ARSDK payment, 5G holographic communication software development, holographic face recognition development, and holographic AI face change development. It has the one-stop service capacity. At present, it has grown into one of the largest integrated technology provider of holographic cloud in China.

     

    China’s Holographic AR Market Size Divided Based on Revenue in 2016-2025


    Note: Hardware refers to the revenue of hardware manufacturers, including AR rendering device, such as AR glasses, AR helmets, etc. as well as holographic imaging devices, such as holographic projectors, holographic cabinets, holographic advertising machines, etc. Software and contents refer to the revenue of participants who provide the addition of AR and holographic contents, ARSDK or technical services. Source: Frost & Sullivan

     

    The AR applications are currently mainly used in entertainment, advertising, education and other industries. They have relatively mature hardware environment, which is very beneficial to the development of software and contents in these fields. In the long run, these applications will also appear in social networking and communications field, although these applications are still limited by hardware technology.

     

    WIMI Hologram Cloud has the leading AR holographic application platform in China. According to Frost & Sullivan, WIMI Hologram Cloud is already the largest holographic AR application platform in China in terms of total revenue in 2017. In addition, WIMI established the most comprehensive and diversified holographic AR content library among all holographic AR solution providers in China. In terms of revenue, number of customers, holographic AR contents and the number of holographic AR patents and software copyright, WIMI Hologram Cloud ranks the first in the Chinese holographic AR industry. Throughout the year 2018, WIMI Hologram Cloud had approximately 4,654 AR holographic contents, 106 software copyrights and 219 technology patents. WIMI Hologram Cloud is dedicated to meeting the entertainment and business needs of customers and end users by its holographic technologies. According to Frost&Sullivan, the holographic AR application platform operated by WIMI Hologram Cloud covers the most extensive types of holographic AR products in China. The comprehensive platform application of WIMI Holographic Cloud is a key factor that distinguishes WIMI Hologram Cloud from its competitors.

     

    WIMI Holographic AR’s IPO prospectus was published globally in the United States on June 27, 2019. The net profit in 2018 exceeded 89 million yuan, making profits for two consecutive years. In the first quarter of 2019, the net profit increased by 68%, and the profit growth space has been opened. With the development of 5G holographic communication, WIMI Hologram Cloud ’s holographic cloud, which was established only four years ago, is expected to be explosive in the future.

     

    Equipped with advanced AR3D algorithm applications and simulation solutions, WIMI Hologram Cloud can scan objects from all angles and capture more image details than most peer companies. Therefore, according to Frost&Sullivan’s data, WIMI Hologram Cloud can identify and capture up to 550 image data blocks per unit, far exceeding the average market level of 40 to 50 image data blocks. At the same time, relying on the advanced big data and artificial intelligence analysis technology, WIMI Hologram Cloud ’s superior image processing technology and distribution algorithm enable it to efficiently and intelligently synthesize the best 3D model based on the captured original images, and calibrate and optimize it.

     

    WIMI Hologram Cloud ’s technology platform is built on the highly scalable and flexible cloud-based infrastructure, so that WIMI Hologram Cloud can store and utilize a large amount of real-time data collected from WIMI Hologram Cloud ’s products and the third-party sources, and ensure its high-speed performance in accommodating more business partners. WIMI Hologram Cloud uses complex data for excavation and uses user behavior for data analysis to create interest profiles for end users based on user behavior. WIMI Hologram Cloud collected user data from approximately 350 million reliable end-user groups through its holographic AR advertising service, and analyzed the data to obtain more than 2000 user tags.

     

    Based on the image detection and recognition technology, template matching detection technology, video processing and recognition technology, holographic 3D layer replacement technology in imaging recognition, the dynamic fusion processing technology in imaging tracking, WIMI Hologram Cloud has embedded holographic AR advertising in the online video. WIMI Hologram Cloud expects to apply these technologies into its future strategic blueprint, such as the development and application of holographic 3D face recognition technology and holographic face modification technology.

     

    The holographic face modification technology is based on the holographic three-dimensional layer replacement technology of WIMI Hologram Cloud , including image recognition and artificial intelligence-based dynamic fusion processing technology, to track images in real time and replace faces with other faces. This technology replaces the faces in the video frame, synthesizes the video and adds the original audio. In the holographic AR plug-in advertising application, WIMI Hologram Cloud has verified these technology modules, and continues to develop and upgrade these technology modules. WIMI Hologram Cloud believes that this technology will bring new business growth to applications such as celebrity advertising and movie release and live video streaming.

     

    WIMI Holographic cloud intends to continue to invest a lot of resources to strengthen the ability to develop holographic AR contents. WIMI holographic cloud is committed to enriching holographic content combinations and providing high-quality holographic experience for its customers and end users. WIMI holographic cloud plans to continue to expand holographic content libraries through various ways.

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     (Source: Unicorn had known earlier)

     

    With the breakthrough of in-depth study of artificial intelligence, the holographic AR will integrate the content captured by the camera with the content simulated by the computer in a more seamlessly way, thus providing users with a more immersive experience. In addition, the development of integrated chips will enable the image processors to be produced at lower cost, thereby reducing the price of holographic AR devices. The widespread adoption of 5G network will make it possible for the real-time data transmission between local devices and the Internet, thus greatly increasing the diversity of content. With the enhancement of the holographic AR experience, the reduction in price and the richness of content, the market demand for holographic AR will be significantly improved.

     

    WIMI Hologram Cloud ’s holographic cloud published its IPO prospectus globally on June 27, 2019 in the United States. Its net profits exceeded 89 million yuan in 2018, making profits for two consecutive years. In the first quarter of 2019, the net profit increased by 68%, and the profit growth space has been opened. With the development of 5G holographic communication, WIMI Hologram Cloud ’s holographic cloud, which was established only four years ago, is expected to be explosive in the future.

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