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CDNCentaline Property Agency LimitedChinaChinaNetCenterInternational

Matterport Announces Massive Chinese Partner5731

3rd Party
Metroplex360 private msg quote post Address this user
Matterport Announces Strategic Partnership with Centaline Property Agency Limited, Expands 3D Reality Capture Platform in Greater China

From: Matterport Inc
Nov 6, 2017

- China is known for regulations concerning content from outside of China.
- Matterport already launched with CDN ChinaNetCenter and Chinese UI support (&lang=cn)
- Centaline Property Agency Limited is one of the largest property agencies in Hong Kong. It employs > 60,000 (40,000 if you believe Wikipedia)


(Google Translate
Following the launching of CentaVideo, a video portal platform launched last year, Central Plains signed a strategic partnership agreement with Matterport, a US 3D media technology company, and Centaline and Centaline Data Technologies will invest about $ 20 million in the development of 3D and VR systems Floor platform. Wong Wai-hsiung, chairman and chief executive officer of Centaline Asia Pacific and chairman of Zhongyuan Data Technology, said more than 35,000 properties have been filmed in the Central Plains. Among them, over 720 videos were released with VR function. Among the successful VR deals, 3.8 times higher than the chance of having a VR movie.

VR video disk deal high probability

Shi Junrong, director of Zhongyuan Data Science and Technology, said that in the past, indoor 3D reconstruction required size and location of artificial surveys and then designers had to spend time and effort on rendering designs. Indoor 3D scanning technology significantly reduced indoor modeling workloads. Matterport The use of the Central Plains real estate in the online placement of benefits greatly enhanced. And VR clips do not need to be limited to the angle selected by the photographer, every corner of the unit can be photographed under the Matterport scanning technology, so that people who inspect buildings are not limited by time, area and weather, Units within the interval and landscape 360 ​​degrees glance.

Proposed to develop the mainland and the Asia Pacific market

Central Plains will be more than 60,000 buildings in the territory of street coordinates finishing, and the combination of the Central Plains and the Central Plains mobile application release page of the page, as long as customers in the same page, from Central Plains integrated street coordinates, starting from the building entrance, Use Google Street View to refer to the community surrounding the property first, then visit the inter-panel unit in 360 degree mode. Starting next year, customers will be able to watch a 360-degree VR version with Google Street View mobile apps and VR programs. The company's goal is to reach 3,000 VR panels in the website of Centaline in 2018. The next step will be to work hand in hand with Matterport to promote the 3D flat inspection technology to the property market in the Mainland and the Asia-Pacific region.

- Does this mean that Centaline has ordered a massive # of Matterport cameras to equip their agents with?
- Does this mean that Matterport has ramped up production in order to fulfill such a large order? If not, does that mean that they WILL be ramping up production?
- Does this represent a cash infusion (large order) or simply a strategic move to continue establishing Matterport as a ubiquitous platform.
- Does this affect any of us beyond @JuMp?

Your thoughts?
Post 1 IP   flag post
pixelray private msg quote post Address this user
I really hope Matterport goes public soon and offers all current camera owners and subscription holders stock options. We have supported them and I sincerely hope that if this does happen that they remember those of us that helped make them successful.
Post 2 IP   flag post
Chemistrydoc private msg quote post Address this user

I agree - however, I'm not holding muy breath. I would settle for having the promised GSV integration available. Not holding my breath for that either.
Post 3 IP   flag post
pixelray private msg quote post Address this user
Metroolex - will they ever go public?
Post 4 IP   flag post
3rd Party
Metroplex360 private msg quote post Address this user
@pixelray - Hopefully not. Could you imagine Matterport being bogged down by dealing with the demands of a new wave of shareholders? I believe that staying private is key to innovation. I would like to believe that the investment that they have taken has been selective and strategic so far. I'm not an expert -- but I believe that if public, another company could buy a majority share and seriously interfere with innovation.

@ChemistryDoc - I believe that Google and their platform is the problem. If Matterport delivered right now, I believe they would have a VERY difficult time explaining Google Street View and what it does to MSPs. GSV is in a very unsatisfactory state right now and its very difficult to deliver on client expectations with 'See Inside' gone and constant outages in services; little to no optimization for the panos (no tiling); and needing to hope and pray for the 'blue line' fairy to visit to connect your tour to the street if you scanned along a road with hopes of connecting to the outside world. The former 'Google Trusted Photographers' are having a very difficult time right now. I think that Matterport might consider communicating with us what their thoughts are towards GSV and where they are right now. If the hold up is, as I suspect, a weak target platform -- then they might swap strategies or just run the BETA and open up a support forum that is community based and pledge to NOT support the product in any way shape or form while in BETA.
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WGAN Forum
DanSmigrod private msg quote post Address this user

Thank you for spotting and sharing this big news.

Here is the text of the Matterport Press Release ...

My bolding ... And, I added some links to We Get Around Network Forum discussions on topics announced.



6 November, 2017, 08:00 ET

Matterport Announces Strategic Partnership with Centaline Property Agency Limited, Expands 3D Reality Capture Platform in Greater China

Matterport Continues Rapid Growth with New Partnership with Top Real Estate Agency

SUNNYVALE, Calif., Nov. 6, 2017 /PRNewswire/ -- Matterport, an immersive media technology company, today announced that it has partnered with Centaline Data Technology Limited and Centaline Property Agency Limited, one of the largest real estate agencies in Greater China, to provide its interactive 3D reality capture and application platform to the agency's professionals. The partnership marks a significant milestone in Matterport's continued global expansion and initiative to further localize its product suite for key international markets.

Earlier this year [2017], Matterport launched its official China content distribution network [CDN] in partnership with ChinaNetCenter (网宿科技), allowing for quicker rendering times for Chinese consumers. Matterport now offers its flagship 3D Showcase media player in Simplified Chinese, and Chinese characters (traditional and simplified) are supported for all user-generated content.

"As Matterport continues its rapid growth and international expansion, China is one of the next critical markets for us. We are extremely pleased to have found a strategic partner in Centaline Property Agency Limited that is similarly committed to our aim of transforming how people interact with and experience real-world spaces," stated Bill Brown, Matterport CEO. "Our platform makes it fast and easy to create and share immersive 3D models of properties on the web, mobile and VR. We look forward to helping Centaline and its agents realize the full potential of how our technology can improve their business with all of their property listings."

With more than 60,000 professionals across 2,000 offices, Centaline is a definitive leader in China and has been at the forefront of fostering transparency in the property market by empowering its professionals with technology that enhances how their clients interact with residential and commercial real estate listings. By partnering with Matterport, Centaline is providing its agents access to the industry's leading cloud-based 3D reality capture and distribution platform.

"The Centaline Property Agency is committed to making the home buying process as open, simple yet thorough as possible. Centaline Web now features the largest number property listings that include a VR experience," said Mr. Wong Wai-hung, Chairman and CEO of Centaline. "Partnering with Matterport was an obvious step toward further securing our leadership in the marketplace and increasing the number of listings that feature VR."

Matterport's system serves the industries of residential real estate; travel and hospitality; architecture, engineering and construction (AEC); business listings; insurance; and facilities management, among others. The company's network of 2,700+ service partners across 80 countries has helped capture over 700,000 spaces, garnering over 250 million views.

Earlier this year [May 2017], Matterport announced a partnership with Google to enable the publication of immersive Matterport content to Google Street View, as well as a partnership with Leica Geosystems to integrate their latest laser scanner [BLK360] to create immersive 3D visualizations for the AEC sector.

The company's triple-digit revenue growth the past three years recently earned Matterport recognition as No. 3 on Silicon Valley Business Journal's List of 50 Fastest-Growing Private Companies, and a ranking of No. 26 on the 36th annual Inc. 5000 in August of this year. Matterport's end-to-end platform has set the pace for 3D technologies given the level of immersion and interactivity they offer and their mission to reimagine the way people experience the digital world.

About Matterport

Matterport is an immersive media technology company that delivers an end-to-end system for creating, modifying, distributing, and navigating immersive 3D and virtual reality (VR) versions of real-world spaces on the Web, mobile devices, and VR headsets. To learn more, visit ...

About Centaline

Founded in 1978, Centaline Property Agency Limited is the flagship of the Centaline Group today. Throughout the decades, Centaline has extended its services arm from residential sector to various sectors including commercial, industrial, retail, car-parking spaces, bank-owned real estate properties and government quarters. In recent years, the company has evolved to be a one-stop property services provider.

Source: PR Newswire
Post 6 IP   flag post
WGAN Forum
DanSmigrod private msg quote post Address this user
Hi All,

More about Centraline Property Agency ...

✓ Wikipedia - Centaline Property Agency

"In November 2016, Centaline launched a cloud-based video value-added service called Centrelink to allow the company's approximately 4,500 agents in Hong Kong to shoot video footage, edit and upload it using their mobile devices, providing residential property hunters with a walk through of every part of a home."

Centaline Property Agency Limited Official Website

Post 7 IP   flag post
JakeRees private msg quote post Address this user
@Metroplex360 @DanSmigrod

"Starting next year, customers will be able to watch a 360-degree VR version with Google Street View mobile apps and VR programs"-

Is this confirmation that google will no longer be blocked in china?
Post 8 IP   flag post
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Metroplex360 private msg quote post Address this user
@JakeRees While I'm not an expert in the subject, could it be possible that this was misrepresented in the article?
Post 9 IP   flag post
aerialpixels private msg quote post Address this user



what say you?
Post 10 IP   flag post
WGAN Forum
DanSmigrod private msg quote post Address this user

About the $20 million investment ...

Centaline Data Technologies will invest about $20 million in the development of 3D and VR systems Floor platform.

I could imagine that is $10,000 per office (2,000 offices) for a Matterport Camera, Related Gear and Accessories and Training.

Post 11 IP   flag post
WGAN Forum
DanSmigrod private msg quote post Address this user

WGAN-TV Video: @AerialLook CEO Robert Koenekamp on DaiWoKan Platform

China is an opportunity for US-based Matterport Service Providers too.

Here's how ...

3D/VR Tour Pros Leverage Chinese Real Estate Buyers via to Help Real Estate Agent Win More and Bigger Listings More Often


Post 12 IP   flag post
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