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Online Virtual Experience (OVE) for MICE Industry

Technology Overview

Online Virtual Experience (OVE) is a brand new virtual platform that enables your MICE (Meetings-Incentives-Conference-Exhibitions) expos and events to be held digitally and online so that all of your attendees and delegates will be able to participate from the comfort of their homes.

In this period of Covid19, the MICE industry worldwide are severely affected. But like how communications and interactions currently have been 'transferred' to video calls and webinars, surely a more encompassing digital and online platform is not only very much needed but will possibly be essential and indispensable in the near future, post Covid19.

Technology Features & Specifications

As a Digital and Online solution accessed via Desktop/PCs, our virtual platform allows multiple users to join an exhibition, conference, and event via the internet. E-meeting with other delegates, visitors, Exhibitors, Presenters/Speakers and more. It's just like visiting the actual event and attend the physicals meetings. 

Specifications for the users are simple: signing up for an account, buying e-tickets, customising your onscreen avatars then enter and join the meeting floor to attend and interact with others via PC's and/or laptops.

Current features include:

1. Avatar customisation

2. Sign in access & administrative dashboard

3. Creation of rooms, including for webinars and video streams

4. User chat & text features

5. Advertising opportunities via billboards and monitor displays for exhibitors, sponsors, and companies

Potential Applications

Specifically developed for the MICE industry in the wake of the Covid19 pandemic, our platform is developed to address the issues on travel restrictions, city lockdowns and curfews.

Our platform allows attendees, delegates and visitors to participate in an event no matter where they are via online.

And with our features - various different MICE industry could utilise this virtual platform to customise their various digital requirements - such as business expo, hospitality conventions and more!

Market Trends and Opportunities

With restrictions expected in travel and large-scale events in the coming few months ahead, the MICE industry is urgently needed a channel to proceed online and digitally - in ways accessible to masses/their delegates and visitors. 

According to:

https://www.globenewswire.com/news-release/2020/01/09/1968367/0/en/Singapore-MICE-Tourism-Market-Study-2019-2027-Industry-Size-Forecast-Trends-Drivers-Opportunities-Challenges-List-of-Upcoming-Events-Policies-Standards-Company-Profiles.html

The Singapore Meetings, Incentives, Conferences and Exhibitions (MICE) Tourism Market reached USD 2,523.4 Million in 2018 and is expected to attain a market value of USD 5,214.9 Million by the end of 2027, registering a CAGR of 8.4%.

Therefore, we are very positive with the Market Trends and Opportunities ahead for our Online Virtual Experience (OVE) virtual platform.

Customer Benefits

In a challenging period, the MICE industry may have limited options. With many Governments predict and forecast travel restrictions, and also prohibiting large-scale events, the alternative route is going online, digital and virtual. Therefore, we hope to present an easy to understand, web-based technology that's accessible to everyone and to empower the (MICE) industry to move forward.

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