NextechAR sets new standards with AI-powered lifestyle photography

NextechAR elevates AI photography with advanced lifestyle image creation. He sees great opportunities in e-commerce

TORONTO, ON / ACCESSWIRE / June 6, 2024 / Nextech3D.AI (OTCQX:NEXCF)(CSE:NTAR)(FSE:1SS), Patented 2D-3D Generative AI-Powered AI 3D Model Provider (Patent No. 11,948,248) for Amazon , Miele, P&G, Kohls, Wesfarmers Group “Bunnings” and other major e-commerce retailers are adding digital photography and dynamic product visualizations as part of their 3D model offerings. Nextech3D.ai is proud to announce a major advancement in its AI-powered photography technology: the ability to create dynamic lifestyle images from 3D models or CAD files, representing a significant step from 2D photography to 3D renders and photos. Artificial intelligence is changing the e-commerce virtual photography landscape as the company produces tens of thousands of 3D models annually, expects to produce hundreds of thousands of 3D model renders for the same customer base and expand to new customers. The company believes that AI photography with advanced lifestyle image creation is a strong revenue growth opportunity.

The company’s advanced AI algorithms identify product categories and generate high-quality lifestyle images in minutes.

The key advantages are:

High quality photography: no human errors. Easily creates images in 1K, 2K, 4K and 8K resolutions.
Faster implementation: Instant image generation speeds up the project deadline.
Cost Savings: Significantly lower cost compared to traditional photo session expenses.

The ability to create solid backgrounds, gradient backgrounds, and now lifestyle images with just one click streamlines the process of creating immersive, professional visuals. The transition from traditional 2D photography to 3D renders and photos is very important in the e-commerce industry, where detailed and dynamic product images can significantly increase consumer engagement and increase sales. NextechAR’s commitment to innovation and excellence ensures our customers receive the most advanced and efficient solutions in the industry.

Artificial intelligence really works because it can analyze data and automate repetitive tasks. Using Nextech’s deep learning algorithms, AI image processing and recognition tools enable AI to take better photos in the blink of an eye and at a much lower cost than traditional photography. This is because AI can be used to improve the quality and accuracy of photos, improve detail and sharpness, adjust exposure, contrast and color balance, and identify and remove objects if necessary. Machine learning algorithms further help by analyzing huge image datasets, identifying and differentiating different objects and topics. This can be used to create personalized image recognition tools that can help AI identify specific scenes or objects and insert a 3D object into the scene, creating endless lifestyle photography and income potential.

This AI tool is expected to generate significant revenue for the company as each product listed for sale on the e-commerce platform requires at least six 2D photos to be included in the auction. This offering allows the company to capitalize on the demand for high-resolution 2D images while adding value to its 3D modeling business by representing end-to-end solutions for e-commerce merchants selling on Amazon, Shopify and other platforms.

Evan Gappelberg, CEO of Nextech3d.ai, says: “After experiencing first-hand the significant costs and time investment associated with traditional 2D product photography for e-commerce, I am excited to announce our innovative solution. Our new 3D to 2D digital photo studio uses our proprietary technology AI algorithms to seamlessly generate high-quality photos in 2K, 4K and even 8K resolutions This innovation is not limited to e-commerce; is intended for industrial designers and anyone using the Toggle platform to create their 3D models.

With Nextech3D.ai’s AI generative photo rendering, users can effortlessly transform 3D models into ecomm-ready 2D images, regardless of their source and texture state. With the ability to generate up to 360 different angles, this technology offers unparalleled versatility. While the company previously only offered static backgrounds, including white, black, or gradient backgrounds, the platform can now create lifestyle photography. These dynamic 2D images not only enhance e-commerce presentations, but also serve as invaluable tools for prototyping and visualizing a variety of textures, styles and materials. This feature holds enormous potential for industry designers across a variety of manufacturing sectors, enabling them to prototype product designs spanning furniture, automotive, machinery and more.

Examples of AI-generated lifestyle images using only 3D models:

The value of using 3D models in e-commerce and e-commerce product photography lies in their ability to enhance the online shopping experience, improve product visualizations, and increase sales. Here are some key aspects of the value proposition:

Improved product visualization: 3D models offer a more immersive and detailed representation of products compared to traditional 2D images. Customers can interact with 3D models by rotating, zooming and viewing them from different angles, allowing for a more complete understanding of the product’s design, features and functionality.
Greater engagement: Interactive 3D models capture the attention of online shoppers and encourage them to spend more time exploring products. This increased engagement can lead to higher click-through rates, longer session durations, and ultimately, a greater likelihood of conversions.
Reduced return rates: By providing customers with more accurate representations of products through 3D models, e-commerce companies can reduce the likelihood of returns due to misaligned expectations. Customers can better evaluate factors such as size, color and appearance before making a purchase, leading to more informed purchasing decisions and fewer disappointments upon receipt.
Personalization and customization: 3D models enable e-commerce platforms to offer customers customization and personalization options. For example, customers can configure products with different colors, materials or design elements in real time, allowing them to customize products to their preferences before purchasing.
Cost savings: Although creating high-quality 3D models requires an initial investment, it can lead to savings in the long run. Once created, 3D models can be easily reused and reused in various marketing materials, product configurations and virtual environments, eliminating the need for expensive photo shoots and physical prototypes.
Adaptable to new technologies: 3D models are compatible with new technologies such as augmented reality (AR) and virtual reality (VR), opening up new possibilities for immersive shopping experiences. By integrating 3D models with AR/VR applications, e-commerce companies can enable customers to virtually try on products, visualize them in real settings and make more confident purchasing decisions.
Competitive advantage: Using 3D models for e-commerce product photography can differentiate a brand from its competitors and position it as innovative and future-proof. Providing customers with cutting-edge visualization tools and immersive shopping experiences can help you attract new customers, retain existing ones, and build brand loyalty over time.

For further information please contact:

Nextech3D.ai

Evan Gappelberg

CEO and Director

866-ARITIZE (274-8493)

About Nextech3D.ai

Nextech3D.ai or “the Company” (OTCQX:NEXCF)(CSE:NTAR)(FSE:1SS) is a multi-faceted augmented reality and artificial intelligence technology company that uses its proprietary artificial intelligence (AI) to create immersive 3D experiences at large scale for E-COMMERCE. The company mainly focuses on creating high-quality photorealistic 3D WebAR models for Amazon and various other online retailers using its patented 2D-3D technology. Nextech3D.ai has taken a unique approach to creating shareholder value beyond the operational activities of creating 3D models.

The company also develops or acquires breakthrough artificial intelligence technologies, which are then transferred to shareholders as stand-alone public companies. This spin-off strategy allows Nextech3D.ai to issue stock dividends to its shareholders while retaining significant ownership in a public spin-off, without diluting Nextech3D.ai’s parent company.

Notably, on October 26, 2022, Nextech3D.ai successfully spun off “ARway” (OTCQB:ARWYF)(CSE:ARWY)(FSE:E65), its spatial computing platform, as a stand-alone public company. The company retains 49% of shares covering 13 million shares of ARway Corp. with the distribution of 4 million shares to Nextech shareholders.

Similarly, Nextech3D.ai completed its second spin-out by launching Toggle3D.ai, (OTCQB:TGGLF)(CSE:TGGL)(FSE:Q0C), an AI-powered 3D design studio that aims to compete with Adobe. The company retains a 44% stake in the 13 million shares of Toggle3D.ai Corp.

To learn more, follow us on Twitter, YouTube, Instagram, LinkedIn and Facebook or visit our website: https://www.Nextechar.com.

Forward-looking statements

CSE has not reviewed and is not responsible for the adequacy or accuracy of this release.

Certain information contained herein may constitute “forward-looking information” under Canadian securities laws. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “will” 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 involve 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 information. Nextech will not update any forward-looking statements or forward-looking information that is incorporated herein by reference, except as required by applicable securities laws.

SOURCE: Nextech3D.ai

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