Through its expanded AR, VR & MR showcase, Param Labs rallies the segment at GITEX Future Stars 2017
In the 2016 edition of our startup pitch competition, Param Labs was was shortlisted to make it to the next round. So it’s no wonder that this year, they swept away the audiences to score some successful business wins while exhibiting at GITEX Future Stars 2017.
Being one of the very few enterprises within the UAE region delivering on all the 4 areas AR, VR, MR and Gaming’, Param Labs has powered game-changing experiences in Advertising, Education, Real Estate, Manufacturing, Automobile, Tourism, Training, Retail, Engineering, Government and many more sectors.
In their own words, Param Labs received a massive influx of buyers to talk potential business at their stand in the GITEX Future Stars 2017 event and to top it all, they received quality visitors seeking specific requirements and use cases in AR/VR. The overwhelming response is something that went far beyond their expectations in fact they had to miss out on the investor meetings and conference sessions because of the huge visitor turnout at their stand!
Tushar Thakker, Director at Param Labs, commented, The meetings were to the point and we discussed quite meaningful use cases and how we can move forward. The reason we got more leads was that we were the only company infrom UAE working on all of the 4 areas AR, VR, MR and Gaming’ to exactly justify the sector name. So we were able to showcase references for each use case brought forward by buyers.
Across the 5 days of the event, they met several government representatives across MENA, with some of the discussions advancing into prospective projects. The interest from the private sector was equally positive, with prospective buyers coming from the Middle East, Europe, Africa and the Indian sub-continent.
In terms of numbers, they generated a pipeline of nearly 150 leads worth an approximate $100,000 through their participation at GITEX Future Stars 2017 while right after the event, they signed up projects worth $50,000+ within the Education, Real Estate and Utilities/Engineering sectors and also several MOUs with clients across MENA & N. America.
The brilliant showing from this young extended reality venture has compelled them to now go on a hiring drive to expand their team and take on all the projects they have scooped at the event. Now that’s a startup going up and beyond!
If your startup is making waves in AR & VR, or even next-gen tech sectors such as Blockchain, IoT, Artificial Intelligence and Robotics, there’s no better place to showcase your tech than GITEX Future Stars 2018.
Believe the hype it’s real: Book your space now