Kohls in collaboration with
Nextech is now significantly scaling WebAR for Ecommerce, creating
thousands of new 3D models that will enhance the augmented reality
experience for Kohls' customers.
VANCOUVER, B.C., Canada -- August 31, 2021 -- InvestorsHub
NewsWire -- Nextech AR
Solutions Corp. (“Nextech” or the “Company”) (OTCQB:
NEXCF) (NEO: NTAR) (CSE:
NTAR) (FSE: N29), a diversified leading provider of augmented
reality (“AR”) experience technologies and services is proud to
announce the expansion of its partnership with Kohls,
Corporation (NYSE: KSS) one of the largest department store chains
in the United States. The Kohls Nextech partnership began when
Kohls identified Threedy.ai, now part of
Nextech, and their WebAR for Ecommerce solutions as the most
attractive option to introduce augmented reality and 3D models into
its customer experience.
Extensive product testing which began with Kohls'
Innovation Center, validated Threedy's return on investment (ROI).,
Kohls in collaboration with Nextech is now significantly scaling
WebAR for Ecommerce, creating thousands of new 3D models that will
enhance the augmented reality experience for Kohls' customers. With
Nextech's 3D WebAR for Ecommerce solutions, Kohls' customers can
review products dynamically within any desired
backdrop.
Watch Video
Here
Nima Sarshar, Chief Technology Officer with Nextech and founder of
Threedy.ai is close to this customer success story with Kohls.
"When 3D ecommerce solutions are done right, the results can be
incredibly rewarding. Not only financially, but also the joy of
seeing your product used by millions of customers practically
overnight. Our ability to use our AI pipeline to create 3D models
at scale is a real value proposition for large retailers like
Kohls" Sarshar commented.
View a 3D
Model on the Kohls Website (Desktop Experience) or Watch a Video
Preview
To try it yourself, scroll down beneath the product images and
click “See it in 3D” or “View in your room”
Nextech's recent announcement that it was selected as an Early Access
Partner with Google's 3D AR Search Program, strengthens the
value proposition of WebAR for ecommerce, particularly for large
retail customers such as Kohls. Kohls' 3D models will soon appear
in organic Google search results, allowing shoppers to dynamically
interact with and review the retailer's products.
Last week, Gappelberg and Sarshar joined Proactive Investors to
discuss Google’s 3D AR Search Program and what this means for Kohls
and Nextech’s customers.
Watch
interview here
Evan Gappelberg, CEO of Nextech commented on this customer success
story. “Kohls is an example of a large retailer that quickly
recognized the potential for WebAR to enhance its online business.
Augmented reality in e-commerce can not only drive sales, but
reduce customer returns as the buyer feels a higher level of
product familiarity before placing the order - the latter being a
key point for many e-commerce customers. By combining Threedy’s
disruptive AI technology and our leading AR platform, large
retailers like Kohls can reach the necessary scale critical to
support their ecommerce business.”
For further information, please contact:
public.relations@nextechar.com
To learn more, please follow us on Twitter,
YouTube,
Instagram,
LinkedIn, and Facebook, or
visit our website: https://www.Nextechar.com.
Threedy.ai
Using Threedy’s proprietary AI and computer vision
innovations, the production of 3D models can be scaled to 1,000s of
3D models per week. Threedy has built a truly disruptive end-to-end
solution around its model creation technology for the AR industry.
Through a simple JavaScript tag integration, product photos are
automatically onboarded, 3D models are created for each product
through the power of AI and hosted on the Threedy’s cloud, and 3D
visualizations are served to client properties using web AR/3D, all
within a single integrated platform.
View a preview of Threedy’s technology - Watch
Here
About Kohl’s
Kohl's Corporation operates as a retail company in the United
States. It offers branded apparel, footwear, accessories, beauty,
and home products through its stores and website. The company
provides its products primarily under the brand names of Apt. 9,
Croft & Barrow, Jumping Beans, SO, and Sonoma Goods for Life,
as well as Food Network, LC Lauren Conrad, and Simply Vera Vera
Wang. As of January 30, 2021, it operated 1,162 Kohl's stores; a
website www.Kohls.com; and 12 FILA outlets. Kohl's Corporation was
founded in 1962 and is headquartered in Menomonee Falls,
Wisconsin.
About Nextech AR
Nextech develops and operates augmented reality (“AR”)
platforms that transports three-dimensional (“3D”) product
visualizations, human holograms and 360° portals to its audiences
altering e-commerce, digital advertising, hybrid virtual events
(events held in a digital format blended with in-person attendance)
and learning and training experiences.
Nextech focuses on developing AR solutions however most
of the Company’s revenues are derived from three e-Commerce
platforms: vacuumcleanermarket.com (“VCM”), infinitepetlife.com
(“IPL”) and Trulyfesupplements.com (“TruLyfe”). VCM and product
sales of residential vacuums, supplies and parts, and small home
appliances sold on Amazon.
Forward-looking Statements
The CSE and the NEO have not reviewed and do not accept
responsibility for the adequacy or accuracy of this
release.
Certain information contained herein may constitute
“forward-looking information” under Canadian securities
legislation. Generally, forward-looking information can be
identified by the use of forward-looking terminology such as, “will
be” or variations of such words and phrases or statements that
certain actions, events or results “will” occur. Forward-looking
statements regarding the completion of the transaction are subject
to known and unknown risks, uncertainties and other factors. There
can be no assurance that such statements will prove to be accurate,
as future events could differ materially from those anticipated in
such statements. Accordingly, readers should not place undue
reliance on forward-looking statements and forward-looking
information. Nextech will not update any forward-looking statements
or forward-looking information that are incorporated by reference
herein, except as required by applicable securities
laws.
Nextech3D ai (CSE:NTAR)
Historical Stock Chart
From Nov 2024 to Dec 2024
Nextech3D ai (CSE:NTAR)
Historical Stock Chart
From Dec 2023 to Dec 2024
