XMReality was founded in 2007 by researchers from the Swedish Defense Research Agency (FOI) to help bomb disposal experts defuse landmines in the field.
After six years of advanced Contract Research in AR for the Swedish Defence Materiel Administration (FMV) and BAE Systems, we realized the need to improve and simplify knowledge transfer within various organizations worldwide.
To meet this growing need, we decided to commercialize our product, offering smart and efficient remote support for a wide range of organizations and use cases.
Today, our publicly listed company's solution is available in 60+ countries and used by some of the world's largest companies, including Nestlé, Danone, and Heineken. With XMReality, enhancing knowledge transfer worldwide has never been easier.
What we do
We provide a remote visual assistance solution that helps you solve complex problems in an easy way.
XMReality provides an advanced video solution to help organizations improve efficiency, reduce downtime, and enhance safety. Through our software, you can enable remote experts to provide real-time support and guidance to workers in the field from anywhere at any time. Skip the travel, save money and solve your problems faster.
Our story
Enhancing knowledge transfer around the world
The latest news
XMReality is a publicly traded company on Nasdaq First North.
XMReality expands to NIBE-owned KNV in Austria
KNV Energietechnik GmbH is located in Austria and has been part of NIBE Industrier AB since 2008. KNV is one of the leading players in the Austrian heat pump market, with more than 250 installation companies selling its environmentally friendly and efficient energy systems. KNV is now implementing XMReality Remote Guidance to enhance the efficiency of technicians and support even further.
Sumitomo (SHI) Demag Plastics Machinery North America implements XMReality Remote Guidance
Sumitomo (SHI) Demag Plastics Machinery North America Inc., a leading provider of high-quality injection molding machinery, will implement XMReality Remote Guidance into its operations. This is to further strengthen their customer support services by leveraging remote support powered by augmented reality (AR).
XMReality Year-end report 2023, Group overview
The total order intake for the year increased by 8 percent for 2023 compared to 2022. As a result of strong customer growth, XMReality now has more than 150 customers. Net sales increased by 5 percent in 2023 compared to 2022, while the quarter was unchanged compared to the same period last year. The company has significantly reduced costs during the quarter and will enter 2024 with a cost mass that is approximately SEK 20 million lower on an annual basis. For the full year 2023, costs were 10 percent lower compared to 2022, and for the quarter, costs were down 6 percent compared to the last quarter of last year. The effects of the cost adjustments will be visible from the beginning of 2024.
What we believe in
We believe in climate-smart technology and a sustainable tomorrow powered by innovative solutions.
In a world of scarce finite resources, we need to extend the lifetimes of products and equipment through more proactive service and support and by dealing with problems faster.
We are constantly further developing our digital solution so that it will be able to replace face-to-face meetings and thus minimize the need to travel.
Blog
How to improve your operations to support a sustainable future
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Schedule a demo with one of our friendly product experts today to experience XMReality yourself and how it can bring value to your organization. You won't regret it.