Ann Arbor, MI, Oct 29, 2022 – Oberon Technologies®, Inc., a leading provider of state-of-the-art extended reality (XR) training and information delivery technologies, today announced financial results for its fiscal 2022 third quarter, which ended September 30, 2022. The company reported a 59 percent growth in Titania software revenue. Continuing a track record of double-digit growth for seven quarters.
“Seeing a growing number of clients rely on Titania software for business-critical information delivery is exciting,” says Scott Youngblom EVP of Worldwide Sales. “We appreciate the opportunity to work in partnership with our clients to help them achieve their business objectives to improve customer service and support, speed products to market and increase innovation. And when we can do that while keeping projects within budget and deadlines it builds a foundation for ongoing growth for our clients and Oberon.”
Titania solutions are used in many areas by our clients from automating all aspects of technical information delivery to providing greater access to critical product and service information. A growing area of adoption is use of the Titania Delivery platform to enable access to training and operations information making it easier to on-board and upskill new staff and keep all staff safe. In specific the use of VR Training solutions provides added benefits as captured in a recent article by Training.com magazine. https://trainingmag.com/how-virtual-reality-technology-enables-safe-employment-training-and-lower-costs/
Oberon is focused on helping our clients get the most from their technology investments. The built-in scalability of the Titania Delivery Platform allows Oberon clients to transform more areas of their business by enabling global content collaboration, fully immersive virtual reality training experiences, and the dynamic delivery of interactive content anywhere at any time. Oberon has been enabling digital transformation for more than a decade. Seeing the accelerated adoption is exciting for us and our clients.