Friday, April 19, 2024
ad
HomeNewsAccenture invests in BehaVR for innovation in digital wellness using VR

Accenture invests in BehaVR for innovation in digital wellness using VR

The combined entity will offer comprehensive, cross-acuity, VR-based therapeutic interventions for mental health.

Accenture has invested in BehaVR, which is a leading innovator in virtual reality (VR) digital therapeutics and digital wellness experiences.

Recently, BehaVR merged with OxfordVR, which is a leader in science-based VR treatments for severe mental illnesses and a spin-out of Oxford University.  

The newly combined entity will provide comprehensive, VR-based cross-acuity therapeutic interventions for mental health. The part of a digital therapeutics market is expected to exceed $13B by 2027, according to Accenture.

Read More: Andrew Ng Announces A New Math Course For Machine Learning And Data Science

Through its proprietary delivery platform for creating, operating, and validating digital therapeutics solutions, the BehaVR platform facilitates personalized experiences that are adapted in real-time based on biometrics, protocols, and machine learning models.

Healthcare leaders expect virtual reality and the metaverse to positively impact the future of care, according to the Accenture Digital Health Technology Vision 2022 report, which explains how more meaningful, tailored experiences can further humanize healthcare. 

BehaVR is now part of Accenture Ventures’ Project Spotlight, an engagement and investment program that connects emerging technology startups with the Global 2000 to fill strategic innovation gaps. 

Subscribe to our newsletter

Subscribe and never miss out on such trending AI-related articles.

We will never sell your data

Join our WhatsApp Channel and Discord Server to be a part of an engaging community.

Sahil Pawar
Sahil Pawar
I am a graduate with a bachelor's degree in statistics, mathematics, and physics. I have been working as a content writer for almost 3 years and have written for a plethora of domains. Besides, I have a vested interest in fashion and music.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular