Virtual Reality/Augmented Reality
Virtual reality (VR), along with its counterpart augmented reality (AR), is projected to be an $80-billion-dollar industry by 2025, according to global investment firm Goldman Sachs.
Georgia is on the forefront of this new wave of technology due in part to the state's thriving film and television production ecosystem and deep technology talent base.
Last year, there were 248 entertainment productions in the state, and the number of gaming companies rose to more than 70 in metro Atlanta alone.
Georgia's production tax incentive, which also extends to digital entertainment, has brought big projects and put the state on the world stage as no. 5 in film production globally.
Atlanta also lands among the top 10 cities in the U.S. for technology startup activity and venture capital funding further fueled by talent from neighboring internationally renowned institutions such as the Georgia Institute of Technology, Savannah College of Art and Design (SCAD) and others.
Georgia boasts leading thinkers in VR and AR research, game design and production. Demand from the state's 30 Fortune 1000 companies fuels virtual reality innovation for commercial use.
From the cutting-edge research conducted at Emory University leveraging VR to treat PTSD and Georgia Tech's dedicated Augmented Realities lab, to TRICK 3D's commercial projects for corporate clients such as Delta Air Lines and Georgia Power, VR innovations and applications are taking off in Georgia.
Press Releases
Jul 10, 2014 CNBC Ranks Georgia's Workforce Tops in the Nation
ATLANTA, July 28, 2009 – In its annual grading of state business climates released on Friday, cable-network CNBC ranked Georgia's workforce best in the nation...
Jul 10, 2014 State Economic Development Leaders Provide Mid-year Update
ATLANTA, July 28, 2009 –Three of the state's top economic development leaders came together on Tuesday to provide a mid-year update on efforts to retain...
Jul 10, 2014 Deal completes economic development mission to Israel
ATLANTA, June 25, 2014—Gov. Nathan Deal is wrapping up a five-day mission to Israel that included a delegation of state of Georgia officials and business...
Jul 8, 2014 DRAX Biomass, Inc. establishes U.S. headquarters in Sandy Springs, brings 50 jobs
ATLANTA, July 8, 2014 –The Georgia Department of Economic Development (GDEcD) announced today that Drax Biomass , Inc. will establish its U.S. headquarters in Atlanta...
Jul 7, 2014 Leading vehicle processor will create 30 jobs in Glynn County
ATLANTA, June 24, 2014—Gov. Nathan Deal announced today that International Auto Processing (IAP) will expand in St. Simons Island, creating 30 jobs and investing $3...
Jul 7, 2014 Domtar's EAM Corporation will create up to 25 jobs in a multi-million dollar expansion
ATLANTA, July 1, 2014—The Georgia Department of Economic Development (GDEcD) announced today that Domtar Personal Care, a division of Domtar Corporation, will expand its existing...
Jul 7, 2014 Georgia Council for the Arts awards grant funding to seventy-two organizations
ATLANTA, July 1, 2014—The Georgia Department of Economic Development's Georgia Council for the Arts (GCA) today announced the recipients of its Partner and Project grant...
May 15, 2014 Governor Perdue Announces Sterling Energy Assets Plans for 40-megawatt Renewable Energy Power Plant in Valdosta
ATLANTA, September, 15, 2009 — Georgia Governor Sonny Perdue announced today that Wiregrass Power, LLC plans to locate a 40-megawatt renewable energy power plant in...
Jul 10, 2013 State of Georgia names new Centers of Innovation leaders
ATLANTA, July 10, 2013 — The Georgia Department of Economic Development (GDEcD) announced today that Page Siplon will serve as director of the Georgia Centers...
Oct 27, 2010 Medline Plans Georgia Manufacturing Operation
ATLANTA, September 22, 2010 — Governor Sonny Perdue announced today that Medline Industries, Inc., a Mundelein, Illinois-based manufacturer and distributor of healthcare products, plans to...