Enterprise
SMEs in VR industry
Najihah S | 12 Jan 2018 00:30
Tan sees the possibility of bridging VR as a business solution

Virtual reality (VR) which can simulate real-world environments is steadily being adopted in various industries, including education, property and soon, the legal and banking fields. Far from its typical use in the gaming industry, the functionality of VR, which also allows engagement, is seen as something that will enhance the efficiency of businesses.

VR Lab Bhd, for instance, is hoping to introduce VR to other industries. The company, which was set by in November 2016 by Datuk Jack Tang and his wife Shireen Tan, managed to raise RM2 mil in seed fund due to the immense potential of the VR business.

“They (investors) realise that the future of VR is solid. It is not just limited to games, but (can) also (be applied) in other industries. VR is now being used in education, property and soon, the legal and banking industry. And we would like to be the proponent of that in Malaysia,” Tan tells FocusM.