Nextech3D.ai [OTCQX: NEXCF, CSE: NTAR, FSE: 1SS] | Top 20 Artificial Intelligence Solutions Company - 2023
Nextech3D.ai [OTCQX: NEXCF, CSE: NTAR, FSE: 1SS]: Revolutionizing E-commerce with AI-Powered 3D Modeling
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CIOREVIEW >> Artificial Intelligence >> Nextech3D.ai [OTCQX: NEXCF, CSE: NTAR, FSE: 1SS]

Nextech3D.ai [OTCQX: NEXCF, CSE: NTAR, FSE: 1SS] has been recognized by CIOReview Magazine as the recipient of “Top 20 Artificial Intelligence Solutions Companies - 2023,” based on our proprietary methodology, reflecting its position in the industry. This profile has been developed by the CIOReview research and editorial team based on insights from an interview with Evan Gappelberg, CEO.

Nextech3D.ai [OTCQX: NEXCF, CSE: NTAR, FSE: 1SS]
NEXCF, CSE

Nextech3D.Ai [OTCQX: NEXCF, CSE: NTAR, FSE: 1SS]

Evan Gappelberg, CEO
3D visualization marks the future of e-commerce, creating innovative customer journeys for online retailers. True-to-life 3D product models’ potential to allow online shoppers to see the products live and reap an in-store experience from anywhere makes it an inevitable investment for businesses.

However, conventional methodologies for 3D modeling often find their limits in the skills and expertise of the human creator. Online retailers are looking for opportunities to quickly create scalable and quality 3D models within the required timeline.

Nextech3D.ai [OTCQX: NEXCF, CSE: NTAR, FSE: 1SS] uses its proprietary AI technology to craft immersive 3D experiences at scale for e-commerce clients.

A versatile AI and AR company, Nextech enables the generation of 3D models with a high level of intricacy and accuracy—traits that manual creation struggles to accomplish.

“In the realm of 3D modeling, Nextech has gained a distinct competitive advantage in this $100 billion emerging mega-trend by harnessing the power of AI,” says Evan Gappelberg, CEO of Nextech3D.ai.

The company’s AI technology makes it possible to create models at scale within weeks instead of months, providing clients with a distinct competitive advantage by ensuring quality and timeliness. This is a prerequisite for enterprise clients when converting 2D product images into 3D models. The fusion of AI technology and 3D modeling accelerates production processes and significantly reduces costs.

Staying at the forefront of using AI in 3D, machine learning, and AR, Nextech3D. ai offers 3D model creation, customization, and hosting services to help clients equip consumers with the ability to virtually ‘see’ the product. The ability for consumers to ‘try on’ potential purchases through AR leads to a 94 percent increase in click-through rates, a 250 percent increase in conversions, and a 40 percent decrease in returns, resulting in a sky-high ROI, cost savings and customer satisfaction for clients.

The company’s rapid ascension as the top 3D model supplier to the current high-value e-commerce ecosystem is rooted in the exponential growth of generative AI in its Web 3.0 Portfolio of Technologies. Generative AI-powered high-quality 3D WebAR photorealistic models are delivered to Amazon, P&G, Kohl’s, Target, CB2, and other major e-commerce retailers, marketing programs, and events. The breakthrough generative AI technology has helped Nextech garner industry dominance in 3D e-commerce, already making it a preferred supplier for Amazon, representing a massive growth opportunity.

The company’s suite of products has positioned it as the best tech company to invest in. It develops or acquires what it believes are disruptive technologies and, once commercialized, spins them out as stand-alone public companies, issuing a stock dividend to shareholders while retaining a significant ownership stake in the public spinout.

In October 2022, Nextech completed its first spinout, ARway. ai, an AI-powered AR experience platform with a disruptive no-code, no-beacon spatial computing solution enabled by visual marker tracking with centimeter precision. The Company retains a 49 percent stake with 13 million shares in ARway Corp. while distributing 4 million shares to Nextech shareholders. ARway.ai is trading on the Canadian Securities Exchange (CSE: ARWY) the OTC (OTC: ARWYF) and the Frankfurt Exchange (FSE: E65).

In June 2023, Nextech completed its second spinout, Toggle3D.ai. This ground-breaking SaaS solution uses generative AI to convert CAD files, apply stunning 4K texturing, and facilitate seamless publishing of superior 4K 3D models. The Company retains a 44 percent stake with 13 million shares in Toggle3D.ai while distributing 4 million shares to Nextech shareholders. Toggle3D. ai is trading on the Canadian Securities Exchange (CSE: TGGL) the OTC (OTC: TGGLF) and the Frankfurt Exchange (FSE: Q0C).

In the realm of 3D modeling, Nextech has gained a distinct competitive advantage in this $100 billion emerging mega-trend by harnessing the power of AI

With a broad scope of application in the growing e-commerce industry, AR and 3D modeling solutions open a ground-floor investment opportunity for brands of all sizes in the coming years. For investors looking to participate in the commercialization of AI, Nextech presents a unique investment opportunity. As a company pushing the boundaries of 3D and AR, Nextech is a stock worth considering.

The ability to help retailers and e-commerce platforms maximize revenues, unlock unmatched quality improvements, and improve customer loyalty makes Nextech a trailblazer in AI-based 3D modeling and AR solutions for online retailers.

Top 20 Artificial Intelligence Solutions Companies - 2023

Company
Nextech3D.ai [OTCQX: NEXCF, CSE: NTAR, FSE: 1SS]

Headquarters
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Management
Evan Gappelberg, CEO

Description
Nextech is a versatile AR and AI company that utilizes proprietary AI to craft immersive 3D experiences at scale for e-commerce. Its 3D model creation, customization, and hosting services help clients equip consumers with the ability to virtually ‘see’ the product.

Top 20 Artificial Intelligence Solutions Companies - 2023

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