ARway Corporation (CSE:ARWY, OTC:ARWYF) said it has launched its Referral Partner Program as part of its business development efforts, which will increase the company's prospect funnel and is expected to lead to accelerating revenue growth.
The annual license deal is a milestone for the company, which is building an AI-powered platform, and its pipeline, which already has over a dozen annual license deals.
In a statement, ARway CEO, Evan Gappelberg commented: “We’ve had a lot of requests for this type of program and we expect to begin signing up partners immediately and add to our sales pipeline quickly. The program is free to qualified partners and compensates for leads that convert to sales. Programs like these will serve to extend our sales team’s reach, especially in areas where we don’t yet have a strong presence.”
READ: ARway releases Version 2.3 of its Software Development Kit
ARway said it is also preparing to release a Strategic Alliance Partner Program in the near future. This program will create a structure for working with software companies and service providers that wish to integrate their solutions with ARway or provide add-on services that increase the value of ARway’s offerings. It will also provide a framework for coordinating sales and marketing efforts.
In addition, ARway has signed The TRIBE - SDK Partner for a first annual partner licence to its new pricing plan on the first tier. The first tier has been built for digital marketing agencies, content creators, and mobile apps. developers who often work on a 'campaign' basis. These customer types will be able to build and launch their campaigns, paying only when they are activated. The TRIBE will be using the ARway to build a custom AR-powered app for their marketing agency to showcase capabilities to clients.
Last week, ARway announced the release of ARwayKit SDK Version 2.3, packed with significant upgrades and improvements aimed at enhancing AR experiences for users and expanding opportunities for developers. These upgrades will address a wide range of markets, including retail, tourism, entertainment, and education, increasing ARway’s reach into the $44 billion Indoor Positioning and Navigation Market.
ARway provides augmented reality experiences for indoor spaces. The platform allows users to easily create experiences for navigation, tours, information sharing, notifications, advertising, and gamification. It leverages the power of mobile devices to create environments that can improve visitor experience, boost employee productivity, increase engagement, create new advertising space, and boost revenues.
Visitors can scan a QR code to access a venue map, navigate to any point of interest with step-by-step directions, learn information about those POIs, and interact with rich AR content and experiences along the way. ARway has unlimited use cases for augmenting physical spaces in the metaverse, making it a valuable tool for creators, brands, and companies in various industries. The complete ARway platform includes the Web Creator Studio, the ARwayKit Software Development Kit (SDK) and a mobile app for iOs and Android.
Contact the author at jon.hopkins@proactiveinvestors.com