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NEWS
Exclusive: New Simworx division brings cutting-edge tech to wider attractions sector
POSTED 18 Feb 2016 . BY Tom Anstey
Known as Simworx Ventures, the new concept focuses on revenue-share opportunities, offering visitor attractions its range of media-based experiences Credit: Simworx
Media-based dynamic simulation attraction developer Simworx has launched a new division, bringing its expertise to a new audience outside of the theme park sector.

Simworx – which purchased RoboCoaster in 2015 with the help of a £4.5m (£6.8m, €6.2m) investment from the Business Growth Fund – continues to expand with its latest venture, which now focuses on attractions such as museums, science centres, zoos, aquariums, FECs and heritage sites.

Known as Simworx Ventures, the new concept focuses on revenue-share opportunities, offering visitor attractions its range of media-based experiences, including dynamic motion simulation attractions and AV solutions.

Simworx’s Andy Gray, who was appointed business development manager in December after spending more than a decade in the museum sector, is heading up the new venture.

“We’re looking for predominantly UK-based revenue-share partners that want to do something exciting that stimulates, amazes and educates visitors,” said Gray, speaking exclusively to Attractions Management. “We want to work together to create world-class experiences that become ‘must do’ for visitors.”

Operating under the revenue-share model, Simworx Ventures will offer products such as its 4D cinemas, immersive tunnels, motion theatres and 360 flying theatres, which it will install with no up-front payment required by the operator. The attraction will then operate the ticketed visitor experience, splitting revenue with Simworx.

“Museum and attractions funding is decreasing all over the UK and venues are looking for new and innovative ways to create revenue,” said Gray. “Not all attractions have the capital to invest in new visitor experiences. Simworx Ventures allows them to do that, while generating incremental revenue and pushing up visitor numbers at the same time. Our model will allow attractions to increase their income at low risk and with little or no investment.”

Simworx Ventures is currently talking to a number of museums within the UK and carrying out market research to identify potential partners. Existing partners include the Science Museum Group, the RAF Museums in London and Cosford and The Needles on the Isle of Wight.

More information on Simworx Ventures will be revealed in the Q1 2016 edition of Attractions Management, coming soon.

Simworx’s Andy Gray is heading up the new venture Credit: Simworx
RELATED STORIES
  Simworx shuffle sees new appointments


Media-based dynamic simulation attraction developer Simworx has announced two new appointments to its growing team.
  STOP PRESS: Simworx unveils the Immersive Tunnel


Simulation and 4D effects theatre specialist, Simworx, has unveiled an exciting new immersive attraction.
  Simworx installs a 4D cinema at Paultons Park, UK


Paultons Park has launched its new attraction for 2013, a 150-seat 4D cinema by Simworx.
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NEWS
Exclusive: New Simworx division brings cutting-edge tech to wider attractions sector
POSTED 18 Feb 2016 . BY Tom Anstey
Known as Simworx Ventures, the new concept focuses on revenue-share opportunities, offering visitor attractions its range of media-based experiences Credit: Simworx
Media-based dynamic simulation attraction developer Simworx has launched a new division, bringing its expertise to a new audience outside of the theme park sector.

Simworx – which purchased RoboCoaster in 2015 with the help of a £4.5m (£6.8m, €6.2m) investment from the Business Growth Fund – continues to expand with its latest venture, which now focuses on attractions such as museums, science centres, zoos, aquariums, FECs and heritage sites.

Known as Simworx Ventures, the new concept focuses on revenue-share opportunities, offering visitor attractions its range of media-based experiences, including dynamic motion simulation attractions and AV solutions.

Simworx’s Andy Gray, who was appointed business development manager in December after spending more than a decade in the museum sector, is heading up the new venture.

“We’re looking for predominantly UK-based revenue-share partners that want to do something exciting that stimulates, amazes and educates visitors,” said Gray, speaking exclusively to Attractions Management. “We want to work together to create world-class experiences that become ‘must do’ for visitors.”

Operating under the revenue-share model, Simworx Ventures will offer products such as its 4D cinemas, immersive tunnels, motion theatres and 360 flying theatres, which it will install with no up-front payment required by the operator. The attraction will then operate the ticketed visitor experience, splitting revenue with Simworx.

“Museum and attractions funding is decreasing all over the UK and venues are looking for new and innovative ways to create revenue,” said Gray. “Not all attractions have the capital to invest in new visitor experiences. Simworx Ventures allows them to do that, while generating incremental revenue and pushing up visitor numbers at the same time. Our model will allow attractions to increase their income at low risk and with little or no investment.”

Simworx Ventures is currently talking to a number of museums within the UK and carrying out market research to identify potential partners. Existing partners include the Science Museum Group, the RAF Museums in London and Cosford and The Needles on the Isle of Wight.

More information on Simworx Ventures will be revealed in the Q1 2016 edition of Attractions Management, coming soon.

Simworx’s Andy Gray is heading up the new venture Credit: Simworx
RELATED STORIES
Simworx shuffle sees new appointments


Media-based dynamic simulation attraction developer Simworx has announced two new appointments to its growing team.
STOP PRESS: Simworx unveils the Immersive Tunnel


Simulation and 4D effects theatre specialist, Simworx, has unveiled an exciting new immersive attraction.
Simworx installs a 4D cinema at Paultons Park, UK


Paultons Park has launched its new attraction for 2013, a 150-seat 4D cinema by Simworx.
MORE NEWS
Disneyland Paris renames theme park as part of $2 billion transformation
Disneyland Paris has unveiled a new name for Walt Disney Studios Park as part of the park’s US$2 billion transformation.
UK's Royal attractions had a bumper year in 2023
Numbers from the Association of Leading Visitor Attractions, (ALVA) show that Royal attractions saw a huge increase in visitor numbers during 2023 – the coronation year of King Charles III.
Efteling to convert steam trains to electric as part of green drive
The Everyday Heritage initiative celebrates and preserves working class histories
Off the back of the success of the first round of Everyday Heritage Grants in 2022, Historic England is funding 56 creative projects that honour the heritage of working-class England.
Universal announces long-awaited details of its Epic Universe, set to open in 2025
Universal has revealed it will be adding new Harry Potter attractions, alongside Super Nintendo and How to Train Your Dragon worlds to its Florida resort.
Heartbreak for Swedish theme park, Liseberg, as fire breaks out
A fire has destroyed part of the new water world, Oceana, at Liseberg in Sweden, and a construction worker has been reported missing.
+ More news   
 
COMPANY PROFILES
Red Raion

Founded in 2014, Red Raion is the CGI studio for media-based attractions. [more...]
Holovis

Holovis is a privately owned company established in 2004 by CEO Stuart Hetherington. [more...]
Polin Waterparks

Polin was founded in Istanbul in 1976. Polin has since grown into a leading company in the waterpa [more...]
Vekoma Rides Manufacturing B.V.

Vekoma Rides has a large variety of coasters and attractions. [more...]
+ More profiles  
FEATURED SUPPLIER

CSI Design Expo Americas 2024 announces new Attractions & Entertainment Technology Zone
Cruise Ship Interiors (CSI) invites cruise lines, shipyards, design studios, outfitters, and suppliers to take part in CSI Design Expo Americas in Miami, Florida, the region’s only event dedicated to cruise ship interior design. [more...]
CATALOGUE GALLERY
+ More catalogues  
DIRECTORY
+ More directory  
DIARY

 

10-12 May 2024

Asia Pool & Spa Expo

China Import & Export Fair Complex, Guangzhou, China
18-22 May 2024

Eco Resort Network

The Ravenala Attitude Hotel, Mauritius
+ More diary  
 


ADVERTISE . CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2024

ABOUT LEISURE MEDIA
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