TAIWAN: iStaging was named one of Taiwan's top 10 coolest and most promising technology start-ups by the government in March.

Founded eight years ago, the software company is a developer of augmented and virtual reality technologies. iStaging made a name for itself with an app that captures and creates a 360-degree virtual reality view of property and products on a mobile phone.

iStaging Taiwan general manager Rene Fang told Channel NewsAsia that virtual reality content has become very effective in terms of space communication, and at a much lower cost compared to hardware facilities.