vuPad
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Konstantinos Sideris and Masaki Nakada from University of California, Los Angeles in March 2012 start project vuPad. According to Masaki: "We utilize cutting edge vision and graphics technology to help you realistically preview furnishings in any location. Our vision is to make this process as easy and delightful as possible. Point your tablet or smartphone towards your room, choose furniture and voila!"
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vuPad
- 2. VuPad allows users to visualize furniture styles and placement interactively on a smartphone or tablet
- 4. Motivation • Problem: Furniture shopping and arrangement is cumbersome and tedious • Solution: Smartphone and tablet technology has just recently become powerful enough for usable augmented reality applications • Incentive: $20 billion furniture industry in the US alone
- 5. Product Features • Augmented reality technology using Simultaneous Localization and Mapping (SLAM) • Marketplace containing brand-named furniture • Social network integration for sharing and collaborating
- 6. Revenue • $20 billion furniture industry in the US • Estimated $600 million in furniture advertisement • If we can grab just 0.1% we can expect $600 thousand in revenue
- 7. Profit and Loss • Revenue: $600 thousand • Expenses: Servers: $5,000 Office Space: $20,000 • Loss: $0 • Income before taxes: $575,000
- 8. Timeline • Summer 2012: First prototype, Facebook integration, generic furniture models • First Quarter 2013: Marketplace integration, retail furniture models, proprietary social network • Summer 2013: Global expansion including Europe and Asia
- 9. Demo
- 11. Thanks!