TechFinancials Newsroom: The City of Tshwane invests in Virtual Reality Centre


EON Reality, the world leader in Virtual Reality based knowledge transfer for industry, education, and edutainment, in partnership with The City of Tshwane announce the inauguration of EON Reality’s Tshwane Interactive Digital Center (IDC).

This IDC is a central part of Tshwane’s long term plan, Tshwane Vision 2055, to “break the cycle of generational poverty, inequality, and underdevelopment” as well as to enhance the local business and investment climate in South Africa’s capital city.

Tshwane is working on its Tshwane 2055 Vision, which defines how the city will develop and grow towards a becoming a “Smart City”, where effective investments are made in human and social capital, transport, utilities and modern ICT systems. These define the elements that fuels sustainable economic development and a high quality of life.

EON Reality’s seventeen year relationship with local VR company the Naledi3d Factory, made Tshwane a natural choice for EON Reality’s first IDC in Africa. With the global Augmented and Virtual Reality markets expected to reach $150 billion, content creation has to expand to keep up with local and global consumer’s needs.

This new IDC will establish a local AR and VR ecosystem in Tshwane and its Entrepreneur School that will help to develop skilled local resources.

“We’re extremely excited to partner with the City of Tshwane and build an IDC in South Africa,” said Dan Lejerskar, chairman of EON Reality. “We fervently believe that knowledge is a human right and this aligns perfectly with Tshwane’s goal for greater income equality, creating jobs, and improving educational opportunities.”

Not only will the IDC enhance the local business climate and create jobs, the content and applications created by the Tshwane IDC will help with vocational skills transfer and improve local STEM education.

Read the full story here.

2016-12-13T10:45:26+00:00