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
Dec 17, 2014 Georgia Jobs and Investments Surge Thirty-five Percent in 2005
ATLANTA, Feb. 1, 2006 – Governor Sonny Perdue announced today that the state's improving economic activity continued its dramatic climb in 2005, creating more jobs...
Dec 17, 2014 Sara Lee to invest $24 million in new Macon facility
ATLANTA, January 26, 2006 – The Georgia Department of Economic Development announced today that Sara Lee Food & Beverage, the leading North American retail food...
Dec 17, 2014 Number of women-owned businesses booms in Georgia
ATLANTA, January 26, 2006 – Women in Georgia are starting businesses at a record rate, according to a U.S. Census Bureau report released today. The...
Dec 17, 2014 Pulaski County is states newest designated Entrepreneur Friendly community
ATLANTA, September 26, 2006 - Pulaski County has joined the state's ranks of 'Entrepreneur Friendly' communities, an official designation meaning the community is developing an...
Dec 17, 2014 Tax Incentive to Bolster Production of Alternative Fuels in Georgia
ealELLENWOOD, Ga., Tuesday, September 26, 2006 - At the site of a future biodiesel production facility, Governor Sonny Perdue today proposed a sales tax exemption...
Dec 10, 2014 Germany-based Häring to create 800 jobs in Hart County
ATLANTA, December 10, 2014—Gov. Nathan Deal today announced that Germany-based Häring, a leading global manufacturer of precision components and subassemblies for the automotive industry, will...
Dec 8, 2014 Castellini Group to create 300 jobs in Clayton County
ATLANTA, December 8, 2014—Gov. Nathan Deal today announced that Castellini Group of Companies, one of the largest fresh produce distributors in the United States, will...
Dec 3, 2014 PolyTech Fibers to create 114 jobs in Murray County
ATLANTA, October 6—Gov. Nathan Deal announced today that PolyTech Fibers LLC, a Georgia-based polyester fiber manufacturer, will create 114 jobs and invest more than $12...
Dec 3, 2014 Georgia-based TSYS to create up to 450 jobs in McDonough
ATLANTA, September 16-Gov. Nathan Deal announced today that TSYS, a global payments company headquartered in Columbus, will create up to 450 jobs through a new...
Dec 3, 2014 Badcock to locate new distribution center to LaGrange
ATLANTA, October 21, 2014—Gov. Nathan Deal today announced that W.S. Badcock Corp., one of the largest privately held furniture retailers in the United States, will...