Strategy Analytics: Facebook’s Scape Acquisition Transforms Ambitions in Location and AR – Associated Press


Press release content from Business Wire. The AP news staff was not involved in its creation.

BOSTON–(BUSINESS WIRE)–Feb 18, 2020–

Facebook’s acquisition of visual positioning specialist Scape Technologies in February 2020 has the potential to transform Facebook’s efforts in mapping and augmented reality (AR) according to a new report from Strategy Analytics, Is Facebook’s Scape Acquisition a New Vision for Location or a SLAM into AR?. The acquisition potentially pits Facebook against other location and mapping platforms: Google, HERE, Mapbox and TomTom. All are aiming to provide next generation maps to support real-world augmented reality (AR) experiences across a variety of sectors, in addition to assisting machines such as autonomous vehicles, robots, and other connected objects navigate the world.

David MacQueen, Executive Director at Strategy Analytics, said, “While Facebook does not comment on the acquisition of smaller companies, we view Scape’s technology as a game changer for Facebook’s efforts in AR. Scape’s technology will allow Facebook to transform its currently limited AR capabilities by enabling real-world object detection, improve contextual awareness and environment understanding, and Simultaneous Location and Mapping (SLAM). This will open up a variety of use-cases going beyond Facebook’s capabilities today, such as AR multiplayer gaming, enhanced navigation, or any AR application which drives value by enabling users to meaningfully interact with the real world.”

Scape Technologies has initially focused on visual positioning as its primary use-case, with the goal of enabling any camera-enabled machine or device to navigate and understand the real world.

Nitesh Patel, Director at Strategy Analytics added, “Facebook must be viewed as a potential competitor, or partner, to location players Google, HERE, TomTom and Mapbox. These companies understand that visual positioning, machine maps and computer vision are key building blocks for the next stage in evolution of the location sector and for providing advanced location services. Both Google and HERE are testing visual positioning as an alternative to GPS, particularly in urban environments where GPS performance is hindered by urban canyons.”

About Strategy Analytics
Strategy Analytics, Inc. is a global leader in supporting companies across their planning lifecycle through a range of customized market research solutions. Our multi-discipline capabilities include: industry research advisory services, customer insights, user experience design and innovation expertise, mobile consumer on-device tracking and business-to-business consulting competencies. With domain expertise in: smart devices, connected cars, intelligent home, service providers, IoT, strategic components and media, Strategy Analytics can develop a solution to meet your specific planning need. For more information, visit us at www.strategyanalytics.com

For more information about Strategy Analytics
Virtual and Augmented Reality research
Wireless Media Strategies research

View source version on businesswire.com:https://www.businesswire.com/news/home/20200218005758/en/

CONTACT: European Contact: David MacQueen, +44 (0)1908 423 623,dmacqueen@strategyanalytics.com

European Contact: Nitesh Patel, +44 (0)1908 423 644,npatel@strategyanalytics.com

US Contact: David Kerr, +1 617 614 0720,dkerr@strategyanalytics.com

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SOURCE: Strategy Analytics, Inc.

Copyright Business Wire 2020.

PUB: 02/18/2020 10:38 AM/DISC: 02/18/2020 10:38 AM

http://www.businesswire.com/news/home/20200218005758/en





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