Like any company facing disruption, GoPro has to innovate for new form factors to continue growing. Google is the poster child of this concept in its transition to mobile. Yahoo is not.
But like most strategic and practically-minded companies, it also must find areas of growth that best utilize existing competencies and installed base. For GoPro, that's all about VR.
"Is there a marketplace for this?" asked GoPro's Kevin Custer at our recent event. "We were experimenting and saw that professionals were already utilizing it and hacking systems on their own, and we realized we have something special here."
GoPro's longstanding work in capturing HD video also positions it well from a software perspective. It employs best of breed camera sync technologies and 360 stitching.
GoPro is also positioned well because some of VR's biggest areas of applicability will be where it already hangs its hat: adventure sports, UGC, film making and field reporting.
As we examined recently, content is one of the biggest gating factors to VR's true promise. Anyone producing content or production "picks & shovels" is well-positioned inherently.
Through all of this, GoPro is building more than hardware: It's an ecosystem of technology that works together, according to Custer. This will be key to for GoPro to diversify and grow.
You can see Custer's entire presentation below -- now that we're just one week from the Omni's public release -- not to mention some some really cool videos.