VR/AR ECOSYSTEM REPORT: PORTUGAL Q1 2021 CompanyName Cycloid Technology and Consulting CompanySummary Cycloidisagrowingtechnologyconsultancycompanycreatedin2005,specialized inthreekeyareas–BigData,MultimediaContentapplications&Cross-Platform SoftwareDevelopment. Wehavehadasustainedgrowthrecord,particularlyinthelast5years,andwehave beenlistedintheFT1000fastestgrowingcompaniesinEuropefor2019.Within theMultimediaarea,wedevelopcloud-basedsolutionsforBusinessnamelycrossplatformcontentapplications,AR&VRsolutions,andTV/OTTplatformsand services.Westrivetoanticipateourcustomer´sneedsandexplorethelatest technologicalinnovationtobuildbreakthroughsolutionsaddressingourclients challenges.Ourteamcombinesstartupdisruptivenesswithcarrier-grade execution. Contact Name:ClaudiaCastelbranco Email:claudia.castelbranco@cycloid.pt Website:www.cycloid.pt SizeofCompany EmployeesorFTEequivalent:40-50 CaseStudy www.cycloid.pt/awatar.html TypeofCompany Consultancy,Software,Multimedia,Solutions,BusinessBusiness CustomerTypesand/ornames Telecoms,Retail,DigitalAgencies,ContentProducers WhyareyouinPortugal? Cycloidhasstartedin2005withitsheadquartersinLisbonandhasgrownsince withprojectsnotonlyinPortugalbutinternationallyaswell–UK,Ireland,Brasil, Spain–andweaimtocontinuetogrowourinternationalsideofthebusiness. Havingsaidthat,beingbasedinPortugalisadvantageousfromthepointofviewof thecompanyespeciallybeingpartofsuchagrowinganddynamicsectorlikeTech. Peoplewise,Portugal’shasasignificantandhighlyskilledpooloftechtalent– developers–developinginawidearrayoftechnologiesatacompetitivecost comparedtoresourcesinotherEuropeancountries,particularlybigmetropolises –London,Berlin,Amsterdam,etc-.Additionally,Portugal’s(andLisbonin particular)infrastructureandnaturalresourcesmakeitanattractivecountryto relocate,drivingalsoforeigntechtalenttocomeandlivehere. Ithelpsourbusinesswhenworkingwithourinternationalclientsandpartnersthat weareinthesametimezoneasLondonandonlyonehourbehindthemajorityof WesternEurope,andtravelwise,Lisbon’sairportisconnectedto120cities.We havenoproblemaccessingapoolofresourcesthatarebusinessEnglishfluent,given thattheaveragelevelofEnglishinPortugalisquitegood. Finally,foracoupleofyearsnowthetechstartupecosystemhasbeengrowingin Portugal,since2016LisbonhashostedtheWebsummit,oneofthelargesttechevents intheworld,drivingawarenessandraisingPortugal’sprofileinthetechscene worldwide. Whatdoyouneed/hopefor/fromthePortugalEcosystem? Iwouldmainlyexpectthisinitiativetoraiseawarenessfortheprojects,companiesand usecasesbothforVRandARgoingbeyondthegamesindustrybeingdevelopedin Portugal.Weareabusinesssolutionssoftwarecompanyandthepotentialbenefitsof applyingthesetechnologiesinseveralverticalsisstillnotwellknownorconsidered futuristicbypotentialclientsandthemarket.WithVRARA’spushandgrowing awarenessandthisecosysteminplace,presentingthecompaniesdevelopinginthis area,sharingcasestudies,events,demonstratingapplicationsandlive implementationsitcanreallysupportandgainsometractionfortheindustry. Gettingadditionalmomentumandengagementfromdevicemanufacturerswould alsobegreatandhelptofurtherdevelopthemarket.Beingableviathisecosystemto gettheircooperationwithsubsidizeddevicefundsandaccesstothelatesttech wouldhelptotryandgetaheadthecurvewhendevelopingusingthebesttoget betterresults. Finally,beingabletoestablishsomeinterestingpartnerships,oraccesstopoolsof resourcesfromuniversitiesandresearchprojectsaswellaccesstopotentialclients andprojectsbothatnationalandinternationalmarkets. 16
VR/AR ECOSYSTEM REPORT: PORTUGAL Q1 2021 CompanyName Didimo CompanySummary Didimoistheworld’sleadingproviderofautomatedsolutionsforthegeneration ofhigh-fidelitydigitalhumans,enablingcontentcreators,developersand platforms,tointegrateafast,robust,andreliableprocesstointegrate3D charactersintheirexperiences.Didimostreamlinestheproductionofcharacters atscale.Fromasinglephotoorscan,ourplatformcreatesaready-to-animate digitalhuman,shorteningtheprocessfromhundredsofhourstounder90 seconds. Contact Name:VeronicaOrvalho Email:veronica@mydidimo.com Website:www.mydidimo.com SizeofCompany EmployeesorFTEequivalent:30-40 CaseStudy N/A TypeofCompany PlatformasaServiceforthegenerationofDigitalHuman CustomerTypesand/ornames Gaming,Entertainment,Retail,Fashion,Communication WhyareyouinPortugal? Portugalisourhome.OurFoundingTeamisfromPortugal.Thismarketprovides accesstoincredible,entrepreneurialtalent,educationalinstitutions,and opportunities.Thereisavibrantstartupculturethatallowsustolearnandsharewith peersaswellasfindsupportfrombusinessleaders,investors,andadvisorsthathave helpedustoimproveandgrow.Portugalhasaglobally-minded,technologicallyfluent workforcethatishelpingustogrowinternationally. Whatdoyouneed/hopefor/fromthePortugalEcosystem? WevaluethecreativeandentrepreneurialspiritfoundinPortugalandwelcomethe opportunitytolearnandpartnerwithentrepreneurialteamsthatseektocreate leading-edgeexperiencesandmakethedigitalworldmorehuman. 17
