Nextech AR Solutions Corp. (CSE:NTAR, OTCQB:NEXCF, NEO:NTAR) has announced the launch of its new Metaverse suite of Software-as-a-Service (SaaS) products, rolling the company’s technology stack of 3D and augmented reality (AR) offerings into one platform.
The Metaverse Suite gives users access to Nextech’s technology – 3D Modeling, 3D Holograms and 3D Mapping capabilities – using one login and account.
Once a customer signs up, they can launch web-based apps, have access to helpful links, access the support center, and learn about other products with more information, videos, and examples, the company said in a statement.
READ: Nextech AR launches Shopify Freemium 3D model pricing
Nextech called the launch “a major milestone” that has significant revenue implications by increasing the potential for monthly and annual recurring revenue.
"I'm very excited about what we're bringing to market today, and I think it's game-changing for our company and the industry as well,” CEO Evan Gappelberg told investors in a statement.
According to Gappelberg, customers will not only be able to create and manage all of their 3D models in one location but also with a single click be able to add additional features and 3D technology to their accounts. They can create 3D models using 2D images or CAD files, and then embed those 3D product models directly on their website with a click of a button.
The same 3D models can be enhanced with the ARitize Configurator creating multiple product textures and colors, or through interactive ARitize Swirl 3D banners for their website, Gappelberg added.
“With the Nextech Metaverse Suite, the company provides its customers with what they really want... the one-stop 3D solution that is high quality and scalable, in a seamless and frictionless environment,” the CEO said.
Nextech said it plans to pivot from its managed solutions and move toward monthly recurring revenue, business scalability, and low to no-touch AR for ecommerce.
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