cashing in on virtual worlds: inflection point

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Cashing in on Virtual Worlds: Entrepreneurial Insights for the Healthcare Industry “Inflection Point” Laura Kusumoto Virtual Worlds Development Consultant [email protected] MediaX at Stanford University August 19, 2010

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Introduction to workshop, "Cashing In on Virtual Worlds: Entrepreneurial Insights for the Healthcare Industry," MediaX at Stanford University, August 19, 2010, by Laura Kusumoto

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Page 1: Cashing In on Virtual Worlds: Inflection Point

Cashing in on Virtual Worlds:Entrepreneurial Insights for the Healthcare Industry

“Inflection Point”

Laura KusumotoVirtual Worlds Development [email protected]

MediaX at Stanford UniversityAugust 19, 2010

Page 2: Cashing In on Virtual Worlds: Inflection Point

Evolution of Virtual Worlds

a

1990 2000 2010

Virtual reality Industrial virtual worlds

Page 3: Cashing In on Virtual Worlds: Inflection Point

• Virtual tradeshows & meetings

• Browser emphasis (mobile not far behind)

Shake, Baby, Shake

• Google Lively• Vivaty• Metaverse• There.com

• Virtual Goods, real revenue• “Real Life Plus”• Branded worlds

– Disney, LEGO, National Geographic

• Forterra Systems• Sun/Oracle

Wonderland• SL Enterprise

Recent Steps Back

Recent Steps Forward

Page 4: Cashing In on Virtual Worlds: Inflection Point

Where are We?

“Public Virtual Worlds”

Entertainment and social networking worlds are moving ahead;Industrial virtual worlds are running behind.

Gartner Group, 2009

Gartner Hype Cycle,Emerging Technologies2009

Page 5: Cashing In on Virtual Worlds: Inflection Point

Virtual-Worlds-Related Products

Applications

Virtual Worlds

Virtual Worlds

Development Toolkits

Graphics Technologies / Internet /

Component Technologies

Use Cases /

Scenarios

3rd Party

Development Tools

Page 6: Cashing In on Virtual Worlds: Inflection Point

“Totally” Addressable Market

RetailCommuni-

cations & Technology

HealthcareFinancial Services

Military & Intelligence

Transport-ation

Energy

Employee Training & Learning

Virtual Office Collaboration Emergency

Preparedness Customer Service Product/Process

Prototyping Virtual Retail

Specialization and Adaptation are Key to Future Success