Background And Achievements
In 2017, Masters of Pie signed an OEM agreement with Siemens PLM for the Radical SDK to be integrated into the Siemens NX CAD service to deliver immersive collaboration (VR, AR). The Siemens NX VR capability has been live in the market for over 12 months securing adoption by over 150 customers including global leaders in the aerospace, private space and automotive manufacturing sectors.
In 2019, Masters of Pie was awarded the 451 Firestarter award from leading technology research and advisory firm 451 Research, highlighting the company’s outstanding innovation contribution within technology and enterprise sector.
Master of Pie recently completed a fundraise totaling circa $5.0m. The round included investment and industry validation of the Masters of Pie approach to the Enterprise market from both Bosch Ventures and Williams Advanced Engineering. The investment will accelerate plans to scale the business by expanding the adoption of the Radical software framework to other PLM vendors and port to new verticals such as Defense, AEC, Healthcare and the Energy sector.
Challenges For AR
AR to become mainstream requires a number of enablers to be rolled out such as cloud rendering, 5G streaming, and edge computing. As more of the heavy lifting is processed in the cloud this will allow greater innovation in the headset to move to more practical form factors to support a wider array of use cases.
AR will be a major driver for Industry 4.0, delivering a step-change in effectiveness and efficiency. There are a myriad of use cases that will evolve as the enabling technologies are more broadly adopted to democratise 3D data and ensure the required information is delivered to the right person at the right time.