As part of Immerse.io’s growth plan, a joint venture has been proposed with Lux Point LLP (part of the Tenaz Group). The arrangement allows for Lux Point to represent Immerse in Kazakhstan and CIS countries and to develop the market in Virtual Reality.
The Tenaz Group is a global asset management company focusing on the asset sectors of HR, Infrastructure and engineering, renewable energy, supply chain and IT Services.
As a Virtual Reality company with a focus on training and operative efficiencies in businesses, Immerse has found a perfect partner in the region. Lux Point will have access to contacts and companies in Kazakhstan who may be looking for innovative technology and training software, but have been unable to progress due to lack of VR companies present in the country.
By working together, Immerse benefit from regional expertise, and Lux Point gain access to an already established and successful VR platform and software.
Both companies will initially carry out a technical commercial evaluation. The first phase of the arrangement will involve a process of determining market viability, joint goals and company interaction. This due diligence will allow both companies to fully support each other in order to introduce VR training solutions to companies working in and around Kazakhstan.
Immerse will be providing full support to the Lux Point team, giving remote access to the Immerse VR platform and demonstrating its capabilities via browser to prospective clients. Interested parties will be able to experience immersive and interactive VR scenarios, relevant to their sector. The lifelike and powerful technology demonstrations will allow for an exploration of the prospect’s aims and challenges, and will highlight how virtual reality can solve problems and help to achieve goals.
Provided the evaluation phase receives positive feedback, members of the Immerse team will travel to join the Lux Point team in Kazakhstan. While there, they will run three days of live demos with any companies interested in further exploring Immerse’s VR solution.
Provided the continued success of the partnership, the 3 year licence agreement will go live as of the 1st July 2018.
For information on how to become a partner of Immerse.io please visit https://immerse.io/partners/