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Networking Statistics: Networking is an essential part of doing business and advancing your career. Even after learning how critical networking is to ensuring success, many professionals remain dubious or hesitant to network.

There are chances that you have taken part in face-to-face networking whether you are working for a company with client-facing roles or self-employed. After all, this is the best way to build new connections.

But is it the only way that works?

Networking statistics show that sites such as LinkedIn, Facebook, Instagram, etc., are highly effective, particularly for people who are more comfortable with networking online. In addition, networking is not just about making business connections. You can use it to search for a job.

Are you curious to learn more about networking statistics? Then please continue reading!

The statistics in this article will convince you that networking is vital for your business growth and career.

You will understand why networking is vital for building and maintaining a career by the end of this article.

These are some fascinating statistics and networking facts to be aware of:

Statistics from the networking state indicate that people prefer to meet face-to-face rather than online. Why is that so?

According to networking statistics, nearly $12.50 can be generated for every dollar spent on business travel by a company. These numbers make it easy to understand why so many businesses invest so heavily in international travel- meeting face-to-face with clients and colleagues means making better work relationships.(Source: FinancesOnline)

We love to shake hands, whether after securing a deal or saying hello to someone we care about or a stranger. Unfortunately, things have been quite challenging due to the pandemic.

Handshakes have been common since the 5th century, according to networking facts. They represented peace amongst Greeks since they used it to sign that they were not carrying weapons.

Even though many US states have eased restrictions, the handshakes future remains uncertain. Some people believe that we should eliminate it from the health context. However, most people believe that handshakes are a stress relief method.(Source: BBC)

Around 33% of consumers prefer in-person shopping as they like to touch, interact, and view physical items. In addition, 13% of shoppers consider store shopping convenient.

In 2020, virtual meetings were very popular because they allowed people to carry on business without being restricted. It wasnt long before people realized they had a significant limitation: their inability to network and collaborate with colleagues.

According to statistics on effective communication, around 7 out of 10 participants believe that online meetings lack adequate human interaction for proper networking.Theyre not wrong to believe this.

According to research, nearly 97% of participants prefer meeting in-person with less than 10 persons. The most important reasons to choose smaller events are team collaboration, better group discussions, and more interactions.Conference organizers have therefore planned to combine face-to-face and virtual meetings to maximize the benefits of both.(Source: Nature)

Despite the fact that more people work from home, technology seems insufficient. This is at least what face-to-face networking statistics indicate.

Approximately 30% of CHROs (Chief Human Resource officers) in Canada and the United States expected face-to-face networking to resume within 6 to 12 months. Around 19% of people believed that it would take at least one year before face-to-face events would continue.(Source: Meetings Net)

According to communication statistics, more than 63% of survey respondents expect online communication to be more important in 2021. Approximately of them believe that online communication has helped them make meaningful connections.(Source: Deloitte)

These include several things such as eye contact, facial expressions, personal space, posture, etc. Overall, 55% is visual communication, 38% is vocal communication, and only 7% is verbal communication.

Eye contact is an effective way to show that you are interested in having a conversation. Its important to establish eye contact immediately and adhere to the 50/70 rule. Eye contact should be limited to a minimum of four to five seconds.

It is all about common interests. Here are some great places to network: Coffee shops, alumni events, hobby clubs, retreats, online forums, classes, job fairs, and cultural events.

According to networking stats, approximately of researchers desire virtual meetings to become the norm after the coronavirus pandemic, despite having numerous webinars and Zoom fatigue. The main reason is the ability to attend webinars and conferences from anywhere around the globe.

More than 70% of the over 900 scientists who participated in the survey stated that they had attended more meetings than ever before. Here are some of the things the contributors indicated they liked about cyber conventions:

(Source: Nature)

While online networking can be helpful, face-to-face networking is more effective. The most popular places for networking are events, professional associations, festivals, conferences, etc.(Source: Fit Small Business)

One-on-one meetings can be the most effective method to meet new customers. But, traditional methods like handing out business cards are ineffective and outdated. Take a look at these statistics:

Statistics on business networking show that the majority of people will throw away their business cards within their first week. This is likely because many people dont intend to use the business products or services. The digital business card is a better choice than the paper one. They are cost-effective! Theyre also much more beneficial for the environment.(Source: CreditDonkey)

Most businesses worldwide used virtual meeting software such as GoToMeeting, FaceTime, and Zoom to meet with their clients during the pandemic. Following the vaccination rollouts, companies slowly return to traditional meeting methods as most countries reopen.

Face-to-face networking stats for 2021 show that more than 80% of professionals plan to meet in person by the end of 2021. Around 60% of people will do it in Q2 of 2021, and 19% of people hope to have their next meetup in 2022.(Source: Northstar Meeting Group)

According to a study done in the United Kingdom and Oxford, in-person meetings can increase sales conversions. In addition, according to meeting stats, up to 40% of prospects are converted to customers when they meet in person, compared with 16% who dont attend an in-person session.(Source: Fit Small Business)

These professional networking statistics demonstrate that networking is an essential tool in finding a job.

According to current statistics on job search, networking is a better way for job seekers to find work. As a matter of fact, nearly 70 to 80% of all jobs are not advertised. This means that many individuals could miss out on incredible opportunities because they spend as much as 80% of their time surfing the internet looking for jobs.(Source: FinancesOnline)

The same group believes that not only networking is essential for their current career success, but its also essential for their future career growth. According to professional networking stats, only half of those surveyed worldwide say they maintain contact with their network.

Despite this, just 48% of professionals claim they stay in touch with their friends and family because of the lack of time and other factors.

(Source: LinkedIn Newsroom)

Have you ever wondered how many jobs can be found through networking?Answer: At least 70%. According to networking statistics, this makes it one of the most effective methods to find a job.(Source: PayScale)

Entrepreneurs know the importance of networking, and online networking is ubiquitous among several businesses globally. Linkedin is a social networking site used by 57% of entrepreneurs, and the Facebook site is operated by 37% of businesspersons in the United States.

If you dont like face-to-face meetings, there are various social media platforms to help. This is no surprise, considering how much time we spend on social networking. The following social media statistics support this.

Instagram has been a popular platform for businesses that want to reach a broad audience over the years. According to statistics on networking, Instagrams social networking service has nearly 1,074 billion global users as of 2021. They spend almost an hour per day browsing the web and then posting.(Source: Oberlo)

Social networking stats show that 200 small and medium-sized businesses use Facebook pages. This tool allows establishments to connect with large communities across different geographical areas. They can also post their location and contact information on Facebook, so the tool is so popular.(Source: Oberlo)

According to networking statistics for 2021, nearly 40% of LinkedIn subscribers use it every day. This means that there are billions of interactions each month. In addition, users log in to LinkedIn social networking sites for just 17 minutes, so it is vital to make an excellent first impression in order to get their attention.(Source: Kinsta)

Many workers were forced or chose to work remotely due to the COVID-19 epidemic. Working remotely can affect your ability to network. Here are our findings:

Approximately 70% of respondents agreed that online networking enabled them to attend more meetings. This is in addition to another benefit employees pointed out, where 19% of people stated that online networking was cost-effective.

Virtual meetings are preferred by 61% of employees for large group meetings compared to 31% who do not. These numbers are even higher for small group project meetings, where 51% of employees prefer virtual meetings and 49% of staff prefer in-person meetings.

This is the activity that employees are most comfortable discussing among all work-related activities. In addition, meeting the colleague you supervise is the second most preferred in-person activity, with 59% of people agreeing that it is better to meet your supervisor in-person than via virtual meetings.

Although in-person networking is 24% more effective than online networking, almost half of all businesses prefer to network online.

Preferences for Employee Workplace Activities: In-Office or VirtualWould you prefer to undertake each of the following work activities face-to-face at your business or virtually from home if you had to choose?

According to statistics on small business networking, bars, airplanes, and restaurants are the most common places for networking. As co-working spaces grow and Google translate improves, things will likely change. Soon people will have the ability to network from anywhere in the world.

Google Company has been improving the translation service since 2006, and more than 100 million words are currently being translated daily using the service. Its popularity among business people is projected to skyrocket in the future, enhancing the value and effectiveness of networking for professionals worldwide.(Source: Google)

According to statistics regarding networking importance, apart from restaurants and bars, gyms were the second most popular places, followed closely by airplanes. This proves that networking is possible anywhere.Other common networking spots include the gym (23%), daily commute (28%), and airline (17%). There are many opportunities for networking in our daily lives.

According to networking stats, more than 60% of companies have made reservations for 2021. Nearly 25% of event planners stated that they do not have any prior bookings.This is an increase of 11% over the third week of December 2020.(Source: BTN)

53% of people are reading networking emails during this period, with a peak at 10 a.m.

According to a recent analysis, Millenials have more tablets, laptops, and smartphones than previous generations. They use social media and the internet frequently, implying that online networking is more beneficial for them. For example, nearly 37% of entrepreneurs use Facebook. However, just 60% of Baby Boomers use Facebook, compared with 84% of Millennials.

Nearly 70% of Millennials do not believe that going to the office is necessary. This statement is supported by networking statistics for 2021. Approximately 83% of employees work remotely, at least part of the day. This is why WeWork and other companies are making billions.(Source: Medium)

Are you interested in learning more about networking and strong networking demographics? These are the specific statistics on who, when, and where to network with.

Despite the fact that employee referrals account for only 7% of all applicants, they account for 40% of all hiring. Given that 62% of interviews come through job boards and other recruitment websites.

The business world and the job marketplace are dependent on networking. Many individuals find a job through networking. Many business leads and sales opportunities are made possible by networking. Overall it is a great way to improve your skills, discover job opportunities, and stay up-to-date in your industry.

You may believe that online networking has replaced face-to-face networking because many people worldwide work remotely. But technology is not replacing old, good, and healthy face-to-face interaction. According to networking statistics, face-to-face interactions are still the most effective approach to acquiring new consumers.

Overall, the future looks bright for networking. The rise of co-working spaces all over the world and advancements in Google Translate means that we will soon be capable of connecting with the network almost anywhere.

Hopefully, this article should have clarified why networking is essential for your business development, job search, career, and personal growth.

How efficient is networking?

Networking is the best way to find job opportunities and stay up to date with industry news and industry news. It means that a strong network can increase your chances of finding various career opportunities. Approximately 85% of jobs are filled via networking rather than traditional job boards.To ensure your networking efforts are successful, make sure you are intentional and careful about the contacts you develop, especially if you are just started. It would be best if you always considered what you could offer others rather than focusing on the benefits you get from networking.

How do I improve my network?

You can improve your network by getting engaged in your community, going to social events, asking questions, complimenting people, using social media, finding common interests, following up after meetings, keeping track of who you meet, and making yourself a resource for others to improve your network.

You are not alone if you want to expand your network. Just 48% of people say that they maintain contact with their network, while 38% of individuals believe it is difficult.

Should I network in person or online?

It is important to meet up in person when you can, but online networking can also be effective. Both online networking and face-to-face networking have their benefits. Recent statistics indicate that online networking is 24% better for businesses to get new customers. This shouldn't be a reason to stop you from networking online.

More Americans work remotely after the COVID-19 pandemic. Recent trends show that younger generations mostly prefer to network online. If you are unsure, think about why you need to network. What kind of demographics are you looking for? This will help you decide if you require more in-person or online attention.

Why is networking so difficult?

Networking can be difficult because most people are afraid of or disapprove of networking. It's easy to associate networking with aging business people in Las Vegas conference centers, but the truth is that professional networking isn't all that dissimilar from personal relationship-building.

The underlying idea is that networking is a technique of gaining an unfair benefit by "knowing the right people," which contradicts Americans' affection for and belief in meritocracy.

However, every industry has relied on interpersonal relationships for success since the dawn of time. Knowing people is part and parcel of building a career.

Moreover, networking is complex because it involves putting out your ideas, talking with new people, and engaging in thoughtful and respectful conversations with others' ideas. All of these things require different levels of energy and time, depending on your personality type.

You can make networking more accessible by not putting too much pressure on those relationships. Although it may take some time to change your mindset from being a burden to networking to one that is enjoyable and necessary, you can start to feel excited about meeting new people who share your goals and passions.

Barry Elad

Barry is a lover of everything technology. Figuring out how the software works and creating content to shed more light on the value it offers users is his favorite pastime. When not evaluating apps or programs, he's busy trying out new healthy recipes, doing yoga, meditating, or taking nature walks with his little one.

More here:
30+ Networking Statistics 2022 That Will Amaze You! - Enterprise Apps Today

By Mary Kate Brogan

Once we met, we were inseparable, Jackson said. We were always togetherthroughout school, birthday parties, family events, things like thatuntil life took us apart.

The friends made time to get together through collegeMason at Virginia Commonwealth University, Jackson at University of Marylandmarriages, motherhood, careers, promotions, even Jacksons first big move from Richmond to Pittsburgh. But when a new opportunity meant Jackson would need to move to Las Vegas, the two realized they needed a new strategy to broaden their social circles, Mason said.

We ended up having a conversation about friendships as adults, how difficult it is to make friends as an adult, said Mason, who graduated from VCU in 2015 with a B.S. in psychology from theCollege of Humanities and Sciencesand a B.S.W. from theSchool of Social Work. When youre a kid, you just go out to the playground and you play with whoevers outside. As an adult, its a totally different thing.

The traditional networking events Mason and Jackson tried werent quite as fun and easygoing as theyd hoped, so they took to social media to share their dilemmaand see if anyone wanted to get brunch. After booking a brunch in Los Angeles and another in Richmond with rapidly growing guest lists, Mason said, we realized we were on to something. The response from others having a hard time making connections was huge, she said.

People were just coming out of everywhere, like, What are you doing? How are you doing this? We need that inourcity. How can we bring that here? Mason said. We quickly learned that we were not the only people feeling that way.

Tips from Lillian Jackson and Melissa Mason, co-founders of Brown Skin Brunchin, for fostering personal and professional connections where you are:

The pair foundedBrown Skin Brunchin, a platform and app (available on theApp StoreandGoogle Play) geared toward encouraging women from minority backgrounds to connect and build relationships over brunch. Since those first brunches in 2018, Jackson and Mason have expanded Brown Skin Brunchin to 71 cities with nearly 25,000 members in the U.S., Canada and the Caribbean and thousands of followers onFacebook,InstagramandTikTok.

People come in theyre a little nervous at first sometimes but by five minutes in, you would never know that these people did not know each other, Mason said. Weve had complete strangers that are now lifelong friends, traveling with each other, doing stuff outside of brunch. Its great to see how bringing people together in that environment where they feel comfortable, how quickly people hit it off and just make new friends, make new connections, whether it be personal or professional.

Creating a welcoming environment for women of color has been a major focus for the founders of Brown Skin Brunchin.

Its geared toward women of color, and in communities of color its often more difficult to kind of interact and be open and not have to think about what it is youre doing all the time, said Mason, who cited her studies at VCU in helping her understand the impact building a community can have. My education and background helped me with getting people to a point where they feel comfortable. (At our events) people can come and be free. Theyre themselves. They can speak with someone who may understand what theyre going through as a person of color.

In addition to helping others feel more at ease in a new situation, Mason said meeting people where they are, without preset expectations, is a lesson that applies to Brown Skin Brunchin from her studies at VCU, student internships in social work and psychology, and career using her degree in social work. The skills she developed outside the classroom, too, have served her well as she has balanced working full time and raising her kids while she and Jackson have built their business across two time zones.

When I was a student at VCU, I had two school-age children. I was a double major. I was doing two internships at a time, and I was also working, said Mason, who also served as a student leader in theBachelor of Social Work Student AssociationandStudents Today Alumni Tomorrow. That, in and of itself, if you dont learn how to multitask and manage your time in a situation like that, you wont make it. So you have to figure out how to adjust, figure out what works best for you, figure out routines that work best for you and your family.

That time management, paired with her strong friendship with Jackson, has made building Brown Skin Brunchin easier, though certainly not easy, Mason said with a laugh. Jackson agreed and encouraged students and recent grads, if they want to build a business, to pursue their ideas, big or small.

Never in a million years did I think that we could do something around brunch, which is something that we both love, Jackson said. Find your passion and go for it.

Subscribe to VCU News at newsletter.vcu.edu and receive a selection of stories, videos, photos, news clips and event listings in your inbox.

Originally posted here:
For VCU alum and 25000 others using her platform, meaningful connections start with brunch - VCU News

The Metaverse has become the topic for the year, and the focus of discussion even among those outside of the blockchain industry. However, it is not the metaverse per se that has been grabbing attention worldwide. Rather, it has been another concept that has drawn the eyeballs of the technology and venture capitalist spaces.

Some industrial players believe that the arrival of this concept could completely change current economic and social operation models, signaling a new era in the digital economy. Top venture capital firms such as Sequoia and A16Z have made heavy bets on its potential and have even claimed to have restructured internally in order to seize the opportunities emerging from this revolution; crypto-asset exchanges, technology, fintech, and consumer companies are investing in R & D resources into this up-and-coming technology concept. The hype is real, and constructive actions have already been taken toward building on this concept with an eye to the future. But what is it?

It is, simply put, Web3, the third generation of the Internet. Not unlike its predecessors Web1 and Web2 during their infancy, Web3 is not without its controversies. What exactly constitutes Web3, how can this vision be realized, and what role can centralized exchanges play in the Web3 era?

From Web1 to Web3: The Evolutionary Journey

When the World Wide Web was rolled out at the end of the 1980s, people entered the Web1 era, where portal websites were the sole provider of the content. Internet users could only read or watch what these websites provided and relied on them almost exclusively for information. Web1 is best known as a period where users had next to no say with regard to content contribution and creation users mostly consumed whatever information was made available to them via the early portals and websites.

At the beginning of the 21st century, when the concept of social media emerged and platforms such as Facebook appeared on the World Wide Web, the Internet users were able to create, upload and share their own content on the Internet, which added much depth and flavor to the Internet. The dawn of user-generated content (UGC) marked the beginning of the Web2 age, which is basically the Internet as we know it today a period marked by users increased and active participation in all aspects of content development dramatically increased.

Despite its vast improvement over Web1, Web2 is not without its drawbacks. Current Web2 social media platforms and websites, with their centralized modes of operation, have faced criticism over their absolute ownership of user-created content, often at the expense of the users themselves who generated the content.

Enter the blockchain the infrastructure from which decentralized systems are built upon. With the strong growth of blockchain technology in recent years, it is believed that the next stage in the evolution of the Internet, Web3, is looming on the horizon. Web3 has been touted as an era of user empowerment, where content creators receive more rights and decision making opportunities with regard to the development of the Internet and the online communities they operate in.

Its early days yet, and although Web3s full potential has yet to be realized, prospects look promising. The success enjoyed by blockchain-based projects serves as a testament to the enormous benefits the blockchain brings to various aspects of society, and bodes well for a future where decentralized systems feature prominently alongside centralized ones, paving the way for a more intelligent, autonomous and open iteration of the Internet.

Web2 to Web3 The Huobi Vision

Huobi Global envisions a world where safe and reliable Internet of Value (IoV) services can be provided to millions of users across the globe.

We listen to the demands of users, consider what others have not previously thought of, and innovate for the benefit of our users, said Lily Zhang, CFO of Huobi Global, the worlds leading crypto asset exchange.

A pioneer in the blockchain space, Huobi Global has evolved into a full-fledged platform since its launch in 2013, and is fully committed to providing value-add for its users.

We already have numerous assets of high quality and Web3 contents which are readily apparent on our platform, but we will not stop there. We aim to become an integral part of peoples Web3 lifestyles, just like how social messaging apps such as WhatsApp, LINE and WeChat have become the Web2 way of life for people worldwide.

Huobi has also invested in Cube Chain, a new public chain that aspires to become the worlds leading Web3 blockchain. Huobi believes that Web3 is on the cusp of transforming the world, and that decentralized public chains such as Cube Chain will form its backbone.

Huobi facilitates Web3 infrastructure

As the basic building block of the Web3 world, the blockchain industry is still emerging from infancy. Infrastructure projects tend to be long-term in nature, and challenges have been observed from three main aspects:

Firstly, demand for the application layer is growing too fast. For example, Ethereum is struggling to undertake the data and interaction demands of upper-layer applications, and sharding technology has not yet been fully realized; secondly, technical difficulties have been exhibited and have yet to be fully countered by technical teams; thirdly, external factors, such as regulation, financing difficulties, and more are faced by up-and-coming projects.

Despite numerous challenges, there have been innovative technical achievements, such as zk, modular public chain and other expansion schemes that are promising to propel the blockchain to new heights. As one of the leading crypto asset exchanges in the industry, Huobi is committed to leading the development of the entire industry in technological innovation through various forms of support. Huobi has invested in OptimismPBC, zkSync and other high-quality Layer 2 programs, and is willing to take on the role of an active partner in high-potential project teams in order to solve these pressing issues.

The Web3 resident identity system

Decentralized Identifiers (DID) is the identification system for Web3 residents. DIDs can correspond with multiple identities and require more applications, including social networking, games, and more to support the accumulation of data on-chain. As of now, Huobi has made significant headway in DID building nearly 700,000 Huobi users have obtained DIDs. The year 2022 should see social networking and NFTs utilized as gateways to provide more Web3 application scenarios for DID users.

Entrance to the Web3 economy

As a Nine-year old crypto assets exchange, Huobi Global has listed more than 500 high-quality crypto assets hailing from a variety of Web3 segments, including NFT, DeFi, GameFi, and SocialFi. Innovative and industry-leading projects are Huobis primary considerations for listing, and such assets hold the potential to play major roles in the upcoming Web3 economy. Huobi is committed to listing infrastructure and application tokens, such as some innovative new Layer1 blockchains, NFT tokens, social tokens, and more to enrich the future of the World Wide Web.

Among the numerous crypto assets available today, NFT, with its characteristics of digital scarcity, uniqueness and verifiability, provide confirmation of digital ownership for and play a pivotal role in entering the Web3 era. NFTs undertake the value transfer of real and virtual assets, enabling users to participate in both offline and online virtual events. Huobi is focused on building a cohesive NFT platform and community, enabling more creative developers, artists and users to participate in and mutually enjoy the benefits offered by the industry.

Easing the Web2 to Web3 migration

The transit from Web2 to Web3 could present many challenges to users. For example, digital currency will likely be the mainstream medium for Web3 transactions, but users might not know the best channels for purchasing digital currency. Other pain points could include the lack of knowledge around how to invest and trade in digital assets. From a user security level, how should discerning users best avoid the scam ads that have been flooding social media, while also protecting themselves against phishing attacks and fraudulent transactions?

With its expertise and rich experience in the crypto industry since 2013, Huobi has made available several tools and services to smoothen the migration from Web2 to Web3. Huobi will also support Web2 companies migration to Web3 at the investment or incubation level with its strong financial and research know-how. Being a creator and contributor to the Web3 space, Huobi is committed to offering more opportunities to innovative and cutting-edge projects, enabling Web3 residents to not only keep up with the development of the industry, but also actively participate in this promising new era.

The Web3 world is envisioned as one underscored by autonomy, with no central organization, and where content will be owned and controlled by users. Its arrival could completely break the monopoly of the current technology giants, rewrite the current operation of the digital economy, and trigger a fair share of upheaval and innovation. Those who spearhead this revolution and seize this budding opportunity stand to enjoy what might just be the most lucrative dividends of this industrial change. We can only wait and see.

About Huobi Global

Founded in 2013, Huobi Global is one of the worlds leading cryptocurrency exchanges, with tens of millions of users across five continents and 160 different countries. We are dedicated to empowering financial freedom and creating new global wealth, having led the cryptocurrency industry in spot, derivatives, and Bitcoin transactions for many years. Our infrastructure, operations and offerings are built on processes and standards that prioritize user safety and industry compliance, backed by strong global customer support underpinned by local expertise. This lets us offer a unique trading environment that is truly customer-first, safe and sustainable for all users, enabling their long-term success. For more information, visit http://www.huobi.com

Disclaimer: This is a paid post and should not be treated as news/advice.

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Huobi plays a vital role in the transformation of Web2 to Web3 - AMBCrypto News

Meta Quest virtual reality headsets will soon offer an option for hanging out with other people in your homescreen. The v41 Quest update will add a multiuser Horizon Home space, which Meta announced last year at Connect. Horizon Home lets people put on their headsets and immediately invite other Quest users to jump into social experiences, including watching VR videos as a group. Its a step toward a larger Horizon-branded metaverse that Meta has been rolling out piecemeal over the past few years.

Meta CEO Mark Zuckerberg announced Homes rollout in a video with Free Solo climber Alex Honnold, offering a brief demo of the system. Zuckerberg and Honnold appear as Horizons traditional legless avatars and pop into a 360-degree video of Honnold free climbing the Dolomites, then switch to a space landscape for more chatting. In the Facebook post, Zuckerberg says more options for customizing your Home space are currently in development. A Meta spokesperson told Road to VR that the v41 update would be coming next week, when well presumably find out more details about the system, including how many people it supports in one hangout.

Horizon Home joins Metas Horizon Workrooms VR meeting software and its Horizon Worlds creative and social platform. Its similar to Facebook Spaces, a 2017 app where you could play minigames with friends and take virtual selfies. Spaces shut down in 2019 to make way for Horizon, and it never appeared to reach the popularity of independent VR hangout apps like BigScreen, VRChat, and Rec Room. And until now, the Quest homescreen has been a solitary experience where players could move around and pull up apps.

In theory, Home has the advantage of being directly integrated into the core Quest experience. Meta has also ramped up its virtual and augmented reality efforts as it has attempted to transition past its traditional social networking business. The hardware part of that strategy is still in flux, with Meta recently canceling plans for an upcoming smartwatch and an early consumer-focused AR headset, focusing on longer-term AR glasses plans. But VR software is a much nearer-term bet, and here, Meta is filling an obvious ecosystem gap for easy, small-scale virtual meetups.

Original post:
Meta is adding social hangouts to the Quest's VR home space - The Verge

CHICAGO (PRWEB) June 13, 2022

Hospitality Technology (HT) magazine is pleased to accept nominations for the 2022 MURTEC Breakthrough Awards, which honor restaurant companies for outstanding achievement in business innovation. Sponsored by Fortinet, a developer of network and cybersecurity solutions, the awards are presented to operators for leveraging groundbreaking technology and innovative strategies to improve customer engagement and/or the overall enterprise.

Now in their 16th year, the MURTEC Breakthrough Awards will be presented at the MURTEC Executive Summit, a sister event to MURTEC (Multi-Unit Restaurant Technology Conference).Nominations for the MURTEC Breakthrough Awards are being accepted through August 5, 2022.

Restaurants have accelerated digital innovations these past two years, and now we are seeing even greater enthusiasm for emerging technologies, says Hospitality Technologys Editor-in-Chief Robert Firpo-Cappiello. Recognizing that technology is now the cornerstone to meeting guest and staff expectations, the MURTEC Breakthrough Awards will honor restaurant companies that are leaning into technology to make magic happen.

In the Restaurant Industry, as in life, the difference between success and failure often comes down to taking action, especially in the face of adversity. Not being afraid to take risks, to fail forward, and embrace new technologies as digital differentiators is exactly what separates the innovators from the imitators, said Courtney Radke, Field CISO for Retail and Hospitality, at Fortinet. I want to recognize and congratulate those companies that took on the challenge head-on, paving the way for new and engaging customer experiences and continued digital innovation in the Restaurant Industry! We thank you for carrying the torch and are honored to be the sponsor of this years MURTEC Breakthrough Awards.

MURTEC Breakthrough Awards are given in two categories:Enterprise Innovator This is presented to the company that has leveraged a specific strategy or technology beyond standard practice to improve overall restaurant operations. Results should reveal an increase or marked improvement in efficiency, cost savings, etc. Areas of innovation can include, but are not limited to: back-office and/or front-of-house applications, labor management, point-of-sale technologies, cloud computing, and enterprise-grade mobile applications.Customer Engagement Innovator This is presented to the company that has leveraged a specific strategy or technology to increase guest satisfaction, loyalty, and/or brand reputation. Potential concepts can include, but are not limited to: mobile applications, social networking, loyalty and CRM.

NOMINATION GUIDELINES:

https://forms.gle/6EqFKhszEABxavbQ9

The MURTEC Executive Summit, held November 2-4, at Meritage Resort and Spa in Napa, California, is produced by Hospitality Technology and is a sister event to MURTEC (Multi-Unit Restaurant Technology Conference). MURTEC Executive Summit is where restaurant leaders from across the organization -- in both technical and non-technical roles -- unite to see their future through the lens of strategic technology.

About Fortinet Fortinet (NASDAQ: FTNT) secures the largest enterprise, service provider, and government organizations around the world. Fortinet empowers its customers with intelligent, seamless protection across the expanding attack surface and the power to take on ever-increasing performance requirements of the borderless networktoday and into the future. Only the Fortinet Security Fabric architecture can deliver security without compromise to address the most critical security challenges, whether in networked, application, cloud, or mobile environments. Fortinet ranks number one in the most security appliances shipped worldwide and more than 500,000 customers trust Fortinet to protect their businesses. Learn more at http://www.fortinet.com

About Hospitality TechnologyHospitality Technology (HT) is the only publication dedicated to covering the role ofinformation technology in improving business performance for both hotel and restaurant operators. The Hospitality Technology editorial portfolio includes: a print publication that publishes eight times annually and reaches more than 16,000 hospitality industry executives, three networking and educational events (MURTEC, HT-NEXT and MURTEC Executive Summit), a comprehensive website, e-newsletters, web seminars, and several exclusive annual reports and studies. Hospitality Technology is the parent brand of the Restaurant Technology Network (http://www.restauranttechnologynetwork.com), a membership community of restaurants and suppliers working together to solve industry challenges by shaping standards and sharing best practices. Visit Hospitality Technology online at http://www.hospitalitytech.com. Hospitality Technology is published by EnsembleIQ, headquartered in Chicago.

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Hospitality Technology Opens Nominations for the 2022 MURTEC Breakthrough Awards - PR Web