ZEISS and Deutsche Telekom start joint venture
Feb 8, 2018
02-07-2018 Verena Fulde
- The two partners each hold a 50 percent stake in the joint venture that will drive the development of Smart Glasses technology in the areas of optics and connectivity.
- The goal of the joint venture is to evolve the components necessary for this future-proof technology over the medium term and make them market ready
ZEISS and Deutsche Telekom start Joint Venture
ZEISS and Deutsche Telekom are expanding their partnership for Smart Glasses, the future-oriented technology first presented at the Mobile World Congress 2017. Each company holds a 50 percent stake in tooz technologies Inc., a joint venture created to bundle the development projects. The new company is headquartered in the United States and in the city of Aalen, Germany. Managed jointly, tooz technologies has assumed strategic and operational responsibility for the further evolution of the optical technology invented by ZEISS, and the delay-free connectivity provided by Telekom – all factors critical for the success of marketable Smart Glasses. This technology will be licensed to manufacturers of Smart Glasses.
In order to better understand customer requirements for these Smart Glasses, in the past months both companies have developed specific applications together with more than 40 partners from industry, commerce and science as part of a developer program.
"The diverse and economically promising development projects have confirmed for us that there will be a market for Smart Glasses as well as for business and end consumers," says Christian Stangier, Senior Vice President of Connected Devices at Telekom. "These scenarios range from logistics and maintenance to fitness and health applications."
Smart Glasses prototype.
Crucial for the success of Smart Glasses: the optic, design and impressive applications
As part of this partnership, ZEISS is making available its innovative optical system for a fully integrated, light pair of glasses that can be manufactured in a variety of designs as well as its many years of experience with imaging systems worn close to the eye. The optic for Smart Glasses has already been used in the developer program and will be further evolved in the coming months by building on complementary technologies such as microdisplays and electronics. "The goal is a pair of Smart Glasses acceptable to industry and consumers that is unobtrusive, suitable for day-to-day applications and offers the user tangible added value," says Dr. Ulrich Simon, Head of the Corporate Research and Technology at ZEISS. Smart Glasses will prove an asset whenever someone needs both their hands free while still having access to images, data and communication. "This could be in logistics, but also during surgery: the doctor will need numerous, individually selected pieces of information while still concentrating completely on what is happening in the OR. In retail, Smart Glasses will enable personalized shopping experiences as well as day-to-day applications: for example, navigation functions and social media will be available without needing to reach for your smartphone."
Technology convergence and connectivity will drive development
Good connectivity is crucial for the market success of Smart Glasses. Thanks to edge computing, it may be possible to transfer the necessary technology from the Smart Glasses to the cloud. To ensure that the glasses' functions work instantaneously, short network reaction times are a must. This will require servers that are as close as possible for sending and receiving data. The computing power of Smart Glasses will reside not in the glasses themselves, but in the cloud, making them smaller, lighter, less hot and substantially extending the battery life – and, of course, increasing the number of potential applications.
"If we want to experience real-time applications in the future, then we need cloud connectivity that is available everywhere. This is the only way to guarantee a high-speed reaction time," says Christian Stangier. "We are convinced that Smart Glasses will play a major role in the years ahead. Edge computing is a key step to achieving this breakthrough for Smart Glasses."
"Much like many developers, start-ups and other companies, we want to achieve a better understanding of how Smart Glasses will function in a complex ecosystem," says Dr. Ulrich Simon.
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