AI TECH,GENERAL AI,AI APPLICATIONS
Nextech AR | September 23, 2022
Nextech AR Solutions Corp. , a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and 3D model services is pleased to announce it has launched its groundbreaking Toggle3D, a new AI powered SaaS platform that enables the creation, design, configuration and deployment of 3D models at scale. The Company sees this launch as a major milestone on its way to becoming the dominant 3D model platform and looks forward to Toggle3D becoming a new high margin engine of growth.
Toggle3D is a standalone web application which enables product designers, 3D artists, marketing professionals and eCommerce site owners to create, customize and publish high-quality 3D models and experiences without any technical or 3D design knowledge required. The Company believes that Toggle3D is the first platform of its kind, and this break-through SaaS product is a potential game changer for the manufacturing and design industry, as it provides a viable solution to convert large CAD files into lightweight 3D models at affordable prices and at scale.
CAD is a function of product engineering. Industrial designers, working for product manufacturers, use CAD software like AutoCAD, and SolidWorks to design many of the products in the modern world. The Toggle3D platform leveraged AI so those raw CAD files can be converted to photo realistic, fully textured 3D models at scale. Toggle3D technology creates optimized 3D meshes that are suitable for 3D and AR applications.
The use of CAD files is ubiquitous across manufacturing verticals including; automotive, aerospace, industrial machinery, civil and construction, electrical & electronics, pharmaceutical, healthcare, consumer goods and others. According to BIS Research, the CAD market, quantified by the amount spent on the creation of CAD files, is $11 billion dollars by 2023.1...the Company sees substantial use cases.
Toggle3D uses Nextech AR’s patent pending technology AI (enabling the conversion of CAD files into 3D models at scale) as well as the Company’s ARitize Configurator product. Creators can easily transform their CAD files into 3D models, or bring their existing 3D models into the platform. Within the platform, creators will be able to conduct 3 types of projects which are all templatized for a fantastic user experience: 3D Product Configurators, Virtual Photography, and Product Demos being rolled out over the next few weeks.
To rapidly gain early adopters, Toggle3D will be available both through a free trial and pro SaaS license. A free license will give users just enough functionality to try out the platform and experiment with the technology. By upgrading to a pro plan, users will be granted full access to the entire platform. This includes unlimited projects, more materials, larger file uploads, more storage, and other advanced editing tools. It is a completely self-serve platform, that contains an extensive pre-built library of high-quality over 1000 PBR materials. Toggle3D makes things easy, with a friendly user interface that works for the user and makes the entire 3D journey seamless and predictable. The user is fully in control of their design output.
Yesterday, CEO Evan Gappelberg joined the Wall Street Reporter’s NEXT SUPER STOCK for a livestream event, where he discussed the new Toggle3D product and provided a live demo of the platform.
About ARitize Configurator
ARitize Configurator was previously only available as a managed service but now is also available as a self-serve product through the Toggle3D platform.
To use the product configurator within Toggle3D, a user is required to bring a CAD file or an existing 3D model. Once the 3D model is created or uploaded, the configurator tool makes it easy and seamless to change the colors, materials, and individual parts all in engaging real-time 3D.
About Nextech AR
Nextech AR Solutions is the engine accelerating the growth of the Metaverse. Using breakthrough AI, Nextech AR is able to quickly, easily and affordably ARitize (transform) vast quantities and varieties of existing assets at scale making products, people and places ready for interactive 3D use, giving creators at every level all the essential tools they need to build out their digital AR vision in the Metaverse. Our platform agnostic tools allow brands, educators, students, manufacturers, creators, and technologists to create immersive, interactive and the most photo-realistic 3D assets and digital environments, compose AR experiences, and publish them omnichannel. With a full suite of end-to-end AR solutions in 3D Commerce, Education, Events, and Industrial Manufacturing, Nextech AR is in a unique position to meet the needs of the world’s biggest brands and all Metaverse contributors.
Kapture CRM | September 23, 2022
The Kapture team is pleased to announce that Pavit Ponnanna will be stepping into the position of Head of CX (Customer Experience).
With cross-functional experience of 21+ years in customer services, operations management, Pavit's strength is customer experience and brings a deep understanding of the CX landscape. Pavit will play an instrumental role in accelerating CX for Kapture.
Commenting on his appointment, Vikas Garg: CTO & Co-founder, Kapture, said," We are delighted to have Pavit Ponnanna join us as our Head of Customer Experience. The last few years have been incredible for us and we have witnessed exponential growth across geographies. Our focus is now to evolve into a more structured organisation that's prepared for the planned growth in the coming years. Having Pavit is going to be a big help in this journey."
“I am very excited about joining such a competent and capable team. Kapture has been very successful in combining industrial technology with digital solutions and has become a frontrunner in providing a Customer Support Automation platform that provides businesses across industries with all-in-one customer service software. I am certainly looking forward to developing the company further with a clear industrial ambition to change the future of CX,“ said Pavit Ponnanna.
Kapture, a Customer Relationship Management (CRM) software firm, was established in 2015, on the simple idea of providing a smarter way for businesses to manage customer relationships through a single automated platform. Simply put, their goal is to organise customer information and make it contextually and instantly accessible to all end users at any given time. Keeping customer experience at the forefront of it all.
AI TECH,GENERAL AI
PwC Germany | September 08, 2022
PwC Germany, the leading auditing and consulting firm in Germany, and Monitaur, an AI governance software company, today announced that they have formed a strategic partnership to advance AI governance to meet the demands of European AI regulatory compliance.
Responsible and ethical AI is a cross-functional business challenge. To deliver assurances, organizations need to implement life cycle governance and auditing practices. Unfortunately, the gap between such strategies and day-to-day operations is wide. This partnership will deliver repeatable and scalable life cycle governance and assurances.
“Auditing AI will help organizations maximize value from the technology by better understanding and minimizing risks, strengthening internal controls, and ensuring compliance with statutory requirements,” said Bradley Shimmin, chief analyst at Omdia. “Combining PwC’s deep customer expertise and Monitaur’s highly adaptive ML Assurance Platform will serve as a positive accelerant throughout the AI marketplace, helping diverse companies more rapidly and with greater assurance build responsible AI outcomes that engender trust among consumers.”
PwC Germany is responding to customer demand for assistance in building trust and assurances across their artificial intelligence projects and priorities.
The European Commission drafted the EU AI Act to define a framework addressing the increasing number of risks and challenges in the area of artificial intelligence. The European Commission is not alone in realizing that the need for regulation of AI must be met in a timely manner. Germany, in particular, has established AI regulation standards (AIC4/ IDW PS 861) that require independent audits.
The PwC Germany/Monitaur strategic partnership was formed at this time to prioritize and focus on addressing the regulation of artificial intelligence.
“Building responsible and trustworthy AI programs is a complex challenge for enterprise companies, “but one that is increasingly becoming a top priority in support of corporate strategies and in response to accelerated regulatory expectations.”
Hendrik Reese, partner at PwC Germany
Monitaur was founded on the mission to deliver software enablement of governance and assurances as the key driver of trust and confidence in AI. The company is building the software required to operationalize responsible and ethical governance at scale in enterprises and leading technology companies. Monitaur’s platform offers solutions that support a holistic approach across the model life cycle, from governance policy creation, through stakeholder collaboration, to production monitoring and objective audits.
“As I think about our ultimate mission of creating greater confidence and trust in AI, it is impossible to achieve such impact without strong partners and a robust ecosystem,” said Monitaur founding CEO Anthony Habayeb. “PwC shares our vision for the positive potential of AI to improve our everyday lives when well governed. We are well aligned to collaborate to help companies go beyond good intentions to deliver responsible, ethical systems that unlock that potential.”
Both companies will collaborate to develop education and governance methodologies to create a more responsible, trustworthy and ethical AI future.
Monitaur, Inc. is an AI governance software company that goes beyond good intentions. The Monitaur ML Assurance platform is a SaaS suite of integrated products designed for companies using AI to make high-impact decisions. Global organizations use Monitaur to drive policies, collaboration, oversight, monitoring and assurances of responsible and ethical life cycle AI governance. Founded in 2019 by a team of deep domain experts in the areas of corporate innovation, machine learning, assurance, and software development, Monitaur is committed to improving people’s lives by providing confidence and trust in AI.
About PwC Germany
Our clients face diverse challenges, strive to put new ideas into practice, and seek expert advice. They turn to us for comprehensive support and practical solutions that deliver maximum value. Whether for a global player, a family business or a public institution, we leverage all of our assets: experience, industry knowledge, high standards of quality, commitment to innovation, and the resources of our expert network in 156 countries. Building a trusting and cooperative relationship with our clients is particularly important to us — the better we know and understand our clients’ needs, the more effectively we can support them.