NexTech Signs Partner Agreement With Jolokia Bringing AR to the Global Learning and Development Industry

AR and Interactive Video Combine to Create World’s Most Compelling Training Platform

NexTech AR Solutions NexTech AR Solutions, the industry leader in augmented reality, is pleased to announce a new partnership with Jolokia a leading enterprise video platform provider to the healthcare industry. This partnership will expand NexTech’s reach into the L&D market which was estimated at 366.2 billion U.S. dollars, according to Statista. Jolokia has joined forces with NexTech AR, to offer a compelling video learning experience (LXP) that crosses the boundaries from interactive video to Augmented Reality (AR).

Pete Mastin, CEO of Jolokia, comments, “We are very excited to partner with NexTech AR, a leader in the AR space. We believe the combination of Interactive video and AR will create a new generation of L&D products that will gamify the learning experience in a way that has not been seen before.” He continues, “With the addition of NexTech’s AR, our platform called Inferno is now the world’s most advanced Video Learning Experience Platform (LXP) with Interactive Video, Artificial Intelligence, and AR enterprises now have the ability to create the world’s most engaging learning experiences anywhere.”

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Evan Gappelberg, CEO of NexTech, commented, “With our state of the art AR combined with Jolokia’s best of breed video learning experience platform, we have the potential to transform the $366 billion dollar corporate training market. Over the coming weeks, Jolokia will be showcasing the new AR capabilities to its significant list of clients including many Fortune 100 companies. In the next few years as AR learning starts to accelerate it’s going to completely change the way employees learn on the job.”

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According to Statista:
A significant trend in L&D over the last five years is the growth in the use of technology-assisted teaching. One study found that the number of technologies used by L&D departments has doubled between 2012 and 2017. Accordingly, 71 percent of companies reported using technologically assisted teaching such as online training courses. This figure can be expected to continue to increase in the near future, with 69 percent of L&D departments planning to spend on technology.

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