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Software · head to head

Prospect vs Wise Business

Prospect logo

Prospect

Software

VR for architectural visualization

From
$225/month
Rated
-
Wise Business logo

Wise Business

Software

The smart way to send and receive business payments

From
$29/month
Rated
-

The short version

  • Each has a real cost: Prospect no longer available as a standalone product; has been discontinued and replaced by other solutions; Wise Business opening a Wise Business account in the UK carries a one off setup fee of 50 GBP
  • They diverge on capability: Prospect covers BIM visualization, Wise Business covers Multi-currency accounts.

Where they differ

Only the attributes on which Prospect and Wise Business actually diverge.

Attributes where Prospect and Wise Business differ
AttributeProspectWise Business
Starting price$225/month$29/month
Pricing modelUnknownusage-based
PlatformsVR Headsets (Oculus Rift, HTC Vive, Meta Quest)Web, Ios, Android, Api
Founded20142011

Identical on both: free tier (No), user rating (Not yet rated), category (Unknown).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Prospect

  • BIM visualization
  • Real-scale viewing
  • Collaboration
  • Annotations
  • Revit
  • SketchUp
  • Rhino
  • Navisworks

Only in Wise Business

  • Multi-currency accounts
  • International transfers
  • Batch payments
  • API access
  • Team management
  • Xero
  • QuickBooks
  • Various

What people use each for

The jobs each tool is most often brought in to do.

Prospect

  • VR Gamingnot Wise Business
  • AR Marketingnot Wise Business
  • Virtual Trainingnot Wise Business
  • 3D Visualizationnot Wise Business
  • Immersive Experiencesnot Wise Business

Wise Business

  • Holding and converting multiple currencies as a businessnot Prospect
  • Paying international suppliers and contractors at the mid market ratenot Prospect
  • Receiving payments into local currency account details in several countriesnot Prospect

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Prospect

  • No longer available as a standalone product; has been discontinued and replaced by other solutions
  • Acquisition by The Wild in 2021 resulted in product discontinuation and transition to Workshop XR
  • No ongoing development, bug fixes, or feature updates since acquisition

Wise Business

  • Opening a Wise Business account in the UK carries a one off setup fee of 50 GBP
  • Volume discounts on transfers start only above 20,000 GBP equivalent sent per month

Pricing, plan by plan

Prospect

$225/month
  • Team$350/month
    • Multiuser VR collaboration
    • Design review tools
    • Voice communication

Wise Business

$29/month
  • StandardFree
    • Multi-currency account
    • Real exchange rate
    • Batch payments

Which should you pick?

Choose Prospect if

  • You need bim visualization.
  • You work on VR Headsets (Oculus Rift, HTC Vive, Meta Quest).
  • You also want real-scale viewing.

Choose Wise Business if

  • You need multi-currency accounts.
  • You work on Web, Ios, Android, Api.
  • You also want international transfers.

Questions people ask

Is Prospect or Wise Business better?
Neither clearly leads. Prospect starts at $225/month and Wise Business at $29/month, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Prospect or Wise Business?
Prospect starts at $225/month and Wise Business at $29/month.
Does Prospect or Wise Business run on more platforms?
Prospect runs on VR Headsets (Oculus Rift, HTC Vive, Meta Quest). Wise Business runs on Web, Ios, Android, Api.
What is Prospect best used for?
Prospect is most often used for vr gaming, ar marketing, virtual training, 3d visualization. Of those, vr gaming and ar marketing are not what Wise Business is typically brought in for.
What can Prospect do that Wise Business cannot?
Prospect covers BIM visualization, Real-scale viewing, Collaboration, Annotations. Wise Business covers Multi-currency accounts, International transfers, Batch payments, API access.

Answered from the vendors’ own pages

Prospect: What is Prospect by IrisVR?

Prospect was an immersive VR application that converted 3D design files from Revit, Rhino, SketchUp, and Navisworks into virtual reality walkthroughs with one click. It enabled AEC teams to conduct design reviews, collaborate in VR, and present projects to clients immersively.

Source
Prospect: Is Prospect still available?

No. Prospect by IrisVR was acquired by The Wild in February 2021 and has been discontinued. Autodesk Workshop XR is now the recommended successor for AEC teams migrating from Prospect.

Source
Prospect: How was Prospect priced?

Prospect's Team plan cost approximately $350 per workstation per month when billed annually. Earlier pricing information from 2020 showed starting prices around $225. Custom enterprise pricing was available.

Source
Prospect: What VR headsets did Prospect support?

Prospect was compatible with major VR headsets including Oculus Rift, HTC Vive, and later Meta Quest. Support depended on the runtime and connection method available.

Source
Prospect: What was Prospect's biggest advantage?

Prospect's one-click conversion from native design files (Revit, Rhino, SketchUp) into immersive VR experiences was its primary value proposition, enabling non-VR specialists to easily create compelling design reviews and client presentations.

Source

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