- Standardizing embedded AI driven chat functionality can accommodate unlimited users, allowing for optimized, scalable events.
- Market leaders including Zoom have been shifting towards standardized chat features to accommodate large-scale events.
- AI driven Chat functionality will integrate directly with existing offerings including Nextech’s Virtual Experience Platform and ‘ARoom’ streaming solution.
Nextech AR Solutions (Nextech) , a leading provider of virtual and augmented reality (AR) experience technologies and services for eCommerce, education, conferences and events today announced the launch of new standardized chat features within its Virtual Experience Platform /VXP) and recently-launched ARoom collaborative streaming solution. Nextech will also offer the chat platform, as a stand-alone SaaS service externally, increasing the company’s revenue potential for 2021.
The AI driven chat features will be integrated directly into the existing VXP system, allowing for a seamless, optimized experience for attendees and organizers looking to navigate between event programming and chat venues. With the new integration, participants can easily launch direct chats by searching for other attendees by name, company, or other available data. Event managers can also set up networking rooms within an existing event dashboard or create moderated Q&A sessions that allow speakers to communicate directly with large audiences. Chat logs can be downloaded following events, both for group and Q&A session chats and direct messages, as needed.
‘ARoom’ Live Streaming
Augmented reality (AR) and artificial intelligence (AI) functionality will be available throughout the streaming interface, allowing for virtual and hybrid event experiences that break the confines of attendee computers and mobile devices. Without the need for a third-party streaming provider, Nextech AR will now be able to incorporate AR into the streaming experience via presenter holograms, AR objects and AR filters similar to Snapchat and more.
Like the VXP and ARoom Live Streaming platforms, the new chat features will be fully scalable and can accommodate unlimited users for the largest conferences and events while also being convenient and accessible for direct messaging. Across all events and platforms, the chat functionality will be secure and fully GDPR compliant with privacy requirements. The features will also be available as a standalone product that can be easily embedded in other internal and external products. With AI enhancements complex chatting experiences can happen, even in rooms with thousands of users.
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“Standardized, embedded chat features will take the networking features in our Virtual Experience Platform and ARoom solutions to the next level at a time when more industries, companies and groups are looking to host immersive virtual events and experiences,” said Mark Pace, CTO, Virtual Experience Platform at Nextech AR. “Previous versions of chat were external embeds resulting in a suboptimal experience for our users. This first-class chat integration makes it easy and natural for attendees to connect with one another, network and recreate some of the most engaging in-person experiences within a fully virtual or hybrid event environment. I’m really excited about this as well as the upcoming potential to incorporate AI into this platform!”
Evan Gappelberg, CEO of Nextech AR comments, “At Nextech we’re constantly looking for ways to evolve our products and technology to deliver best-in-class experiences and services to all our customers. Our team of over 50 software engineers have their finger on the pulse of this rapidly growing industry and is working hard with our R&D department to develop new features and functionality to further solidify our market leading position as the go-to virtual event and experience partner, and platform”. He continues, “The launch of these AI driven chat features are the first of many technology upgrades we have planned for the VXP and “ARoom” live streaming platforms in the coming months. We are experiencing rapidly growing demand globally for our products and platforms and are working overtime to deploy these innovative tools to co-create some truly incredible events with our growing list of blue-chip clients in 2021 and beyond.”
Nextech’s platforms have serviced many Fortune 500 businesses such as Amazon Viacom, Northwell Health, Johnson and Johnson, Bell Canada, UNESCO, Dell Technologies, Luxottica, Vulcan Inc , Boehringer Ingelheim, TEDx, Grundfos, Arch Insurance. Security is a core feature of the company which reported a breakthrough in security with the help of Fastly, an edge computing company. Bringing token authentication to the edge greatly enhances security and performance, which is essential for winning more contracts from Fortune 500 companies.
Also, Nextech has entered into an agreement with SRAX (“SRAX”), a financial technology company that unlocks data and insights for publicly traded companies. The agreement is for an initial term of 12 months pursuant to which Nextech will work with the SRAX platform to track shareholders’ behaviors and trends, manage investor outreach, track warrant conversion, manage quarterly earnings calls and hold investor conferences. In consideration for SRAX’s services, Nextech has agreed to issue SRAX 200,000 common shares at a price of C$6.61 per share. The issuance of the shares to SRAX is subject to approval of the NEO Exchange and the common shares are subject to a six (6) month lockup period.
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