ARway Corporation (CSE:ARWY, OTC:ARWYF) has announced seven new deals for its Software Development Kit (SDK), which it said showcases the increasing demand for this disruptive technology.
In a statement, the company said the new SDK deals range in size from $600-$10,000 based on the usage of the platform, and are within various industries representing a wide range of use cases for ARway technology.
Noting an acceleration in the shift to augmented reality (AR) navigation in the $44 billion indoor navigation industry, ARway said it has experienced a “wave of demand” since its SDK was released on January 31, 2023, from resellers, enterprise corporations and brands, which it expects “to drive significant revenue in 2023”.
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The company highlighted “significant and accelerating deals” from AR agencies, which already work with dozens or even hundreds of customers and brands that want and need Arway’s wayfinding technology. By subscribing to the ARway platform the agency can demonstrate the ARway capabilities to their clients and act as a reseller for ARway’s solution, it said.
ARway’s SDK contains code libraries and API information that allows developers to build their own white label and private label mobile apps on both iOs and Android, leveraging ARway's technology and creator tools to build AR wayfinding and spatial experiences. Creators and agencies will be able to develop white-label and private-label apps and access ARway APIs to author maps using the Web Creator Portal.
ARway provided a sample of agencies and global use cases:
- Ubiquity AR (OJO App) - an AR-focused agency building experiences around AR advertising and virtual product showcases. Using ARway, they are building AR product wayfinding solutions for local retail stores, a first-of-a-kind offering in Chile, with plans to scale across the country. Their pilot projects will kick off in Walmart.
- Craftech 360 - a tech-based marketing firm based in Bangalore, India, with reach across 15-plus cities, offering AR/VR and embedded tech solutions with 150-plus brands and 350-plus activations delivered. This project uses ARway technology at large-scale tradeshow events (G20 conference event in India) using AR wayfinding and spatial content for increasing visitor engagement.
- Standout Digital - a brand strategy agency leveraging latest technologies for brand activations and integrated marketing activations based in Florida, USA. By subscribing to the ARway platform the agency will be demonstrating the ARway capabilities to their clients and run pilot projects in the Tradeshow and Entertainment industries.
- Umm Al-Qura University - a public university in Mecca, Saudi Arabia. Using ARway it is building an AR wayfinding solution for university campus, a first-of-a-kind offering in the university, with plans for long-term implementation.
- Southern Alberta Institute of Technology (SAIT) - a polytechnic institute in Alberta, Canada providing hands-on educational programs. Students in SAIT will be using ARway for curriculum projects and build AR experiences using the platform.
- Inthrall - a mobile app for consumers and businesses to communicate information P2P using ultrasonic codes. Using ARway, it is launching into an augmented reality wayfinding journey within select stores and locations that are already using Inthrall for their customers.
ARway is an AI-powered AR navigation platform for the real-world metaverse. It enables AR-enhanced indoor navigation and wayfinding solutions for large, multi-purpose venues enabled by marker-based tracking using QR codes.
Visitors can access a venue map by scanning a QR code with their smartphone upon entering the venue to navigate to any Point of Interest (POI) with step-by-step directions, learn information about those POIs, and interact with rich AR content and experiences along the way.
Contact the author at jon.hopkins@proactiveinvestors.com