HANGAAR

About This Project

HangaarLab is a startup company focused on innovation-driven products. It develops R&D-oriented products by creating value-added services through image processing and location-based services. By integrating corporate business applications with wearable technologies, it enables smarter and more effective field communication. Additionally, it allows automatic evaluation of visuals, location data, and other sensor inputs from the field, integrating them into decision support mechanisms. There are no competitors to our product in the national market. Since international competitors have not fully developed their products, we can easily increase our market share. Unlike similar products, V-Sight stands out with its platform independence, modular and adaptable structure, smart watch compatibility, app store, real-time data transfer, facial recognition, API, and augmented reality features.

V-Sight is a software platform for wearable devices. It is a software development platform where enterprise applications for smart glasses and smartwatches are created, utilizing image processing, indoor and outdoor location services, and augmented reality technologies. Its technological infrastructure consists of three components: the “V-Sight Client Application” that runs on the wearable devices of field workers, the “V-Sight Servers” where high-performance operations are carried out, and a control panel for administrative tasks.

We are developing a platform that enables customers to establish real-time field communication with their employees, evaluate live images from the field, and, in some cases, send automatic alerts. This allows for more efficient field management and a more productive field automation system. Through our platform, organizations will be able to implement their business models using our modular system, regardless of the brand or operating system of the smart glasses or smartwatches.

The project has two different revenue streams. The first is income from companies implementing their business models on the platform; the second is revenue from third-party developers marketing their applications in the V-Sight App Store. The wearable technology market, which was valued at $18 billion in 2015 and projected to reach $55 billion in 2018, is targeted with a goal of capturing 3% of the market share within the first three years.