NexTech’s Infernoar Chosen as Virtual Events Platform for Global Insurance Leader

By AIT News Desk On May 22, 2020

NexTech Company Is Experiencing Strong Demand for Enterprise Virtual Meetings and Remote Work Solutions

NexTech AR Solutions, an emerging leader in augmented reality for eCommerce, AR learning applications, and virtual events is pleased to announce that it has signed a contract to provide its InfernoAR Virtual Events platform to a $13 billion capital, publicly-traded global insurance company, for their global leadership two day summit starting June 6th.

Evan Gappelberg, CEO of NexTech comments, “We are thrilled to be adding this global insurance industry leader to our customer base, for the InfernoAR Virtual Events platform.” He continues, “As COVID-19 has created a void for business that requires in person meetings and conferences it has also created a huge opportunity for us with our state of the art, highly versatile, one of a kind virtual events platform InfernoAR. In the current environment where 100% of conferences are virtual, we are now experiencing a surge in demand for virtual conferences globally.”

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The company is pursuing four multi-billion-dollar verticals in AR.

ARitize For eCommerce: The company launched its technologically advanced webAR for eCommerce early in 2019 and has been rapidly signing up customers onto its SaaS platform. Customers include Walther Arms, Wright Brothers, Mr. Steak, and Budweiser. NexTech has the first ‘full funnel’ end-to-end eCommerce solution for the AR industry including its 3D product capture, 3D ads for Facebook and Google, ‘Try it On’ technology for online apparel, 3D and 360-degree product views, and ‘one click buy’.

ARitize™ 3D-AR-360 Advertising Platform: launched in Q1 2020 the ad platform will be the industry’s first end-to-end solution whereby the company will leverage its 3D asset creation into 3D, 360, AR ads. In 2019, according to IDC, global advertising spend will be about $725 billion.

ARitize™ University: having launched in June 2019, the app-based solution allows companies and educational establishments to leverage all of their existing 2D assets – YouTube videos, PDF documents, PowerPoint decks, images, etc. – and then overlay immersive 3D-AR experiences on top of that content for an interactive training experience that drives productivity.

ARitize™ Hollywood Studios: expected to launch in 2020, the studio has created a proprietary entertainment venue for which it is producing immersive content using 360 video, and augmented reality as the primary display platform.