Nextech AR Solutions Corp. (CSE:NTAR, OTCQB:NEXCF, NEO:NTAR) has announced a multi-year expansion of its 3D/AR e-commerce contract with Kmart Australia.
As part of the Wesfarmers group, Kmart Australia is one of Australia's largest listed companies whose businesses include Bunnings, Kmart Group, Officeworks, and others.
Nextech said Kmart Australia has signed an annual contract for not only 500 homeware SKUs but also Nextech’s ARitize Decorator platform (formerly known as 3D Rooms).
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As part of this annual contract, Nextech will be indexing these 500 homeware assets with Google’s 3D AR search, as it is experiencing a wave of new, global interest and demand for 3D models and AR visualizations for e-commerce.
“This 1 year 500 homewares SKU contract with Kmart Australia serves as a clear validation of the benefits of our 3D modeling and AR for e-commerce solutions and we are excited to continue working and growing with Kmart Australia, who are proving to be innovators in their space,” said Nextech CEO Evan Gappelberg in a statement.
“We are continuing to create tremendous value through the e-commerce ecosystem with not just 3D models and AR visualizations but also with our relationships with big tech companies like Google and others.”
As previously announced, Nextech has been selected by Google as an Early Access Partner with Google's 3D AR Search Program. Google allows Nextech to grant Kmart Australia exclusive early access to the 3D search program which will cause Kmart Australia’s 3D models to appear higher in organic Google search results -- possibly even on the first page, maximizing reach and awareness for the retailer.
Nextech said the contract, which also includes its ARitize Decorator platform, is a solution that Kmart Australia sees as an exceptional component to help their customers’ journey and decision-making process, and an innovative opportunity to showcase groundbreaking technology on Kmart Australia's website while increasing sales and decreasing returns.
ARitize Decorator enables customers to virtually preview home furnishing and decor in a desired location using just a simple 2D photo of a room. The solution uses Nextech's artificial intelligence (AI) to analyze a room layout automatically and then parses out room surfaces, reconstructs the scene, and allows multiple 3D AR objects to be seamlessly placed inside a 2D photo as if they were part of the room.
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