Good morning marketers, have you heard of Scape Technologies?
It now belongs to Facebook. The UK-based startup has developed AR technology that makes it possible to create 3D renderings of physical locations with location precision ā all without relying on location technologies like GPS or reverse IP targeting. Facebook bought Scape Technologies for a rumored $40 million. Whatās interesting about the purchase isnāt so much Scapeās AR capabilities, but its ability to create 1:1 digital representation of the physical world. āItās as much a mapping company as an AR startup,ā writes Marketing Landās Greg Sterling, āItās seeking to build an infrastructure for the next-generation of āspatial-computing devices,ā which includes wearables, autonomous vehicles and other devices.ā What does this mean for marketers? āThere are numerous applications for Scapeās visual positioning technology, if fully realized. The types of novelty AR and digital gaming weāve seen to date are just a small part of that larger vision,ā according to Sterling. Thereās also the targeting, attribution and competitive intelligence it could potentially provide ā all factors that will elevate Facebookās advertising capabilities. Donāt stop reading yet, we have a Soapbox from agility coach Stacey Ackerman, along with the latest from Pinterest and IGTV. Amy Gesenhues, Senior Editor |