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50 Smartest Companies of the Year 2017

On the Heels of the Launch of Q phone and Q stores, Qoobex is on the Cusp of a Revolution

thesiliconreview-mike-stougiannos-ceo-qoobex-2017Revolution that will ultimately change the way we live, work and play. It will affect industries far and wide, ranging from healthcare and education, all the way to entertainment and commerce: Mike Stougiannos, CEO Qoobex Inc.

Humanity has had an uncanny obsession with technological innovation since its earliest days.

From the invention of the wheel to the subsequent birth of the automobile, or the dawn of modern means of communication such as the television and radio, to the more recent rise of personal computers and Internet-enabled mobile devices, the pace of progress has quickened far faster than any of us could have ever imagined.

In fact, nearly every part of our business and personal lives have been improved through technology and innovation’s touch in some way, shape or form. Today, we live in a society replete with real-time, on-demand access to the world’s vast annals of information and virtually any product or service we choose, no matter where in the world we might be, from bite-sized pocket computers.

In light of the above mentioned, we are thrilled to present Qoobex Inc., a global 3-D VR network that allows millions of people to watch and share natively-created 3-D and Virtual Reality content.

The firm is the first open Global 3-D VR Network to distribute entertainment, education, and advertising content, as well as social and gaming content, entirely in 3-D VR over the ‘Cloud’. Consumers enjoy free and paid 3-D VR videos, movies, and live events. Qoobex brings together content providers, movie and game studios, advertisers, and retailers and connects them with the rapidly expanding mass market of 3-D VR end users across the world.

Interview Excerpt: Mike Stougiannos, CEO

Why was the company set up? How did you select the vertical and decide to be a part of the global platform?

Qoobex Inc. was set up to create the world’s first 3-D VR broadcasting and social network ecosystem, which is entirely cloud-based and global in scale. Our two primary visions were and remain to link over the cloud every end-user with quality 3-D VR content producers across the world, and to interconnect the world in a 3-D VR social network permitting anyone to share his/her personal 3-D content with friends worldwide. To accomplish this, we developed a series of technologies that provide to both content producers and end users with universal 3-D VR device compatibility. Using the Qoobex ecosystem, it doesn’t matter what manufacturer’s 3-D device you use to send or receive the content – we make them all mutually compatible. 

Specifically, our initial strategic objectives were to deliver:

  • A global cloud-based network where users could enjoy free, on-demand and Live 3-D VR professional content, from any 3-D VR receiving device worldwide.
  • A global cloud-based network where 3-D VR users could socially connect and share their personal 3-D photos and videos with friends worldwide.
  • A global cloud ecosystem where 3-D VR producers and studios could monetize their productions directly to the global audience.
  • Introduction of our Q Phone, which brings the 3-D experience to mobile devices. Our Q phone is ‘glasses-free’ high-end 3-D 4G LTE cellphone, with an embedded 3-D camera and seamless access to and integration with the Qoobex cloud ecosystem.

Tell us about your first product that was launched? How successful was your first project roll on? Share the experience?

The first product that we launched was our free and on demand 3-D movies service over the cloud to LG WebOS 3-D TVs in 249 countries and administrative areas across the world, in 2016.

The development and roll-out of our 3-D movie service to LG TVs was a great experience. LG, the Korean electronics giant, has a long and challenging list of very detailed rules specifying content and software applications for any new provider. It was a heavy-duty effort to meet these requirements. But in short order, we achieved great success. The passion and ingenuity of every team member were remarkable. 

We were delighted by the global reception that our service received immediately. Our cloud network caught fire from the first day, with 3-D users from all over the world connecting to and consuming our content around the clock. 3-D viewer traffic even from countries with low economic development was astonishing. It shows how hungry the global audience is to consume quality 3-D VR content at the convenience of a personal 3-D VR device.

What challenges did you face in your initial years? What can your peers learn from it?

Our greatest challenge was technological: to create an open global 3-D VR network over the cloud compatible with every 3-D VR devices is very challenging. We had to solve the problem of seamlessly integrating all the different, fragmented 3-D VR technologies already on the market, each manufactured to its own specifications, within our ecosystem. We had a great success until today in the compatibility field also. It is a very satisfying experience that today Qoobex is ‘3-D VR hardware agnostic’. Whatever 3-D device you wish to use to send or receive 3-D imagery, whether the Q Phone or someone’s VR device or any 3-D TV, you can do it through Qoobex cloud.

If you have to list five factors that have been/are the biggest asset to your organization, what would they be and why?

However the breakdown can have multiple factors, the five most significant factors of Qoobex are:

Qoobex and Q phone end users – We are totally passionate on delivering innovative and cool technologies to keep our users excited. We are planning our next 3-D VR technology innovations, always trying to respond to their requests. Happy end-users is our most valuable asset and focus.

Qoobex engineering team – We have a great team, very techy, focused and with great passion to deliver the next breakthroughs in 3-D, VR and holographic technologies worldwide.    

Innovation – We are very focused on 3-D, VR and holographic innovations that will create the next-gen of user experience.

3-D VR content producers and studios – We have partnerships with amazing 3-D VR content producers worldwide. A lot of exciting content is upcoming from very creative studios from all over the world.

Qoobex marketing team – They create unique marketing campaigns with very engaging ideas for the end-user. Recently, the marketing team made another breakthrough – they created a very engaging global campaign for the end-users by offering plenty of free 3-D VR content ‘out of the box’ with the Q phone.

Do you have any new products ready to be/getting ready to be rolled out into the market?

We are about to launch the Q phone, our ‘glasses-free’ true 3-D cellphone with a 3-D camera, into the US, Canadian and European markets. Southern Asian and Latin markets will follow very soon. Q phone is seamlessly connected with Qoobex 3-D VR network and cloud ecosystem with plenty of cool free 3-D VR content and experiences for the end-user. 

We plan to establish the first Q stores in 2018, with very exciting in-store 3-D, VR and holographic and AI experiences such as movies, social network, gaming, holography and first generation of smart Robots.

Where do you see you and your company a couple of years from now?

We envision our company to keep expanding even faster in the next years with:

  • Fast growing Q phone global 3-D VR user base,
  • Breakthroughs in holographic screen technology,
  • Wide range of unique 3-D VR content with plenty of premieres exclusively in 3-D VR,
  • Network of Q stores that will continuously inspire the global audience with new amazing 3-D, VR, holographic and AI experiences.
  • Delivery of 3-D VR breakthroughs in the fields of science medicine and computer vision.

The Brain Behind the Picture

Mike Stougiannos, CEO: Mike Stougiannos is an expert in 3-D, Virtual Realty (VR) and holographic technologies. He earned a Bachelor’s Degree in Software Engineering and a Master’s in Business Administration. He has designed Qoobex’s cloud-based global 3-D VR network and monetization ecosystem, as well as the Q phone, a break-through ‘glasses-free’ 3-D VR cellphone with 3-D camera permitting seamless integration within the Qoobex ecosystem. In addition, Mr. Stougiannos invented the first stereoscopic 3-D flight simulator with Cloud integration, as well as 3-D medical technologies for Endoscopic & Laparoscopic 3-D operations. He is a distinguished Stereographer and Holographer and has contributed to many 3-D VR movie and video productions, including live 3-D VR Cloud broadcasting.

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'Qoobex is producing the Q Phone, the only true 3-D phone without any glasses and equipped with native high definition 3-D camera. Q Phone is bringing exciting 3-D VR experiences to the users worldwide with plenty of free 3-D VR content, social 3-D VR media and gaming through its seamless integration with the Qoobex 3-D VR ecosystem'