Lake Mary, Fla., March 3, 2016 — FARO® Technologies, Inc. (NASDAQ: FARO), announces the achievement of another milestone in cloud-based as-built data management with the release of version 2.0 of its well-known web hosting service, SCENE WebShare Cloud. SCENE WebShare Cloud 2.0 is the first cloud based software unleashing the power of fluid 3D viewing of 3D laser scan data within a simple and easy to use website.
For applications within the fields of BIM, architecture, and construction information management (CIM), user-friendly access to reliable as-is information of buildings, plants and construction sites is essential. Users also need immediate access to this data at the office, on the job-site or in transit.
SCENE WebShare Cloud 2.0 provides easy-to-use 3D viewing of as-built data over the Internet. No dedicated software or hardware is needed and it can be used on almost any modern mobile device, including tablet computers and smart phones. With an Internet connection and a web browser being the only access requirements, SCENE WebShare Cloud provides users with the mobility and accessibility that is required to support their applications within Building Information Modeling (BIM) processes and asset management.
By having real 3D as-built data available at any point in time, independent from where a user sits, SCENE WebShare Cloud 2.0 delivers a number of measurable benefits to FARO’s customers. All project partners have access to identical 3D as-built data. The use of incomplete or outdated drawings can be avoided and by having the right data at one’s fingertips, decisions can be made easier, faster and with more certainty. Whenever engineers, builders and non-CAD-experts need to collaborate, using life-like point cloud data as a means of communication has proven to be more intuitive and less prone to misinterpretations than abstract CAD models. SCENE WebShare Cloud 2.0 provides the clarity of true 3D viewing to understand and analyze complex on-site conditions. This enables customers to virtually immerse themselves into an existing environment and offers a more direct way of understanding on-site conditions. With its unique contributions, SCENE WebShare Cloud 2.0 will ultimately help reduce expensive rework and project delays due to outdated data throughout the whole building life-cycle.
"More than two years ago, FARO established SCENE WebShare Cloud as the most innovative cloud-based product for sharing 3D Documentation data," stated Dr. Simon Raab, FARO’s President and CEO. "With the release of SCENE WebShare Cloud 2.0, we now provide easy-to-use access to complete 3D viewing over the Internet, supporting FARO’s strategy to make 3D laser scanning a de-facto standard in architecture, construction information management and Building Information Modeling (BIM). We recognize and are addressing market demand for easy-to-use access to 3D scan data for non-expert users."
WebShare Cloud is closely integrated with FARO’s desktop software SCENE. As a cloud-based service all updates and enhancements are automatically available to any user.
A number of interesting projects can be found at FARO’s demonstration website for SCENE WebShare cloud: https://websharecloud.com
For more information about SCENE WebShare Cloud features and benefits as well as tutorial videos please visit: http://websharecloud.faro.com/
About FARO
FARO is the world’s most trusted source for 3D measurement technology. The Company develops and markets computer-aided measurement and imaging devices and software. Technology from FARO permits high-precision 3D measurement, imaging and comparison of parts and complex structures within production and quality assurance processes. The devices are used for inspecting components and assemblies, rapid prototyping, documenting large volume spaces or structures in 3D, surveying and construction, as well as for investigation and reconstruction of accident sites or crime scenes. The Company’s global headquarters is located in Lake Mary, FL; its European regional headquarters in Stuttgart, Germany; and its Asia Pacific regional headquarters in Singapore. FARO has other offices in the United States, Canada, Mexico, Brazil, Germany, the United Kingdom, France, Spain, Italy, Poland, Turkey, the Netherlands, Switzerland, Portugal, India, China, Malaysia, Vietnam, Thailand, South Korea, and Japan. More information is available at http://www.faro.com
Forward-Looking Statement
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are subject to risks and uncertainties, such as statements about demand for and customer acceptance of FARO’s products, and FARO’s product development and product launches. Statements that are not historical facts or that describe the Company’s plans, objectives, projections, expectations, assumptions, strategies, or goals are forward-looking statements. In addition, words such as "is," "will," "promise," "can," "deliver" and similar expressions or discussions of FARO’s plans or other intentions identify forward-looking statements. Forward-looking statements are not guarantees of future performance and are subject to various known and unknown risks, uncertainties, and other factors that may cause actual results, performances, or achievements to differ materially from future results, performances, or achievements expressed or implied by such forward-looking statements. Consequently, undue reliance should not be placed on these forward-looking statements.
Factors that could cause actual results to differ materially from what is expressed or forecasted in such forward-looking statements include, but are not limited to:
• development by others of new or improved products, processes or technologies that make the Company’s products less competitive or obsolete;
• the Company’s inability to maintain its technological advantage by developing new products and enhancing its existing products;
• declines or other adverse changes, or lack of improvement, in industries that the Company serves or the domestic and international economies in the regions of the world where the Company operates and other general economic, business, and financial conditions; and
• other risks detailed in Part I, Item 1A. Risk Factors in the Company’s Annual Report on Form 10-K for the year ended December 31, 2015.
Forward-looking statements in this release represent the Company’s judgment as of the date of this release. The Company undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events, or otherwise, unless otherwise required by law.