Nextech3D.ai CEO discusses Map Dynamics migration to AWS - ICYMI

Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF) CEO Evan Gappelberg sat down with Proactive to discuss the company’s latest milestone: migrating its Map Dynamics platform to Amazon Web Services (AWS).

This move marks a significant step in Nextech3D.ai’s broader strategy to enhance scalability, performance, and innovation in the AI-driven event management sector.

Proactive: All right, welcome back inside our Proactive newsroom. And joining me now is Evan Gappelberg. He is the CEO of Nextech3D.ai. And Evan, it's good to see you again. How are you?

Evan Gappelberg: I'm good. Great to be back with you.

The company’s announced that you're migrating your Map Dynamics platform onto Amazon Web Services, or AWS. Maybe remind everyone a little bit about Map Dynamics and more importantly, AWS.

Sure. Today's news really speaks to a broader growth strategy that we're implementing here at Nextech3D.ai across all of our platforms. Over the past year, we've focused on a disciplined strategy to streamline operations, reduce our burn rate, and build a much leaner, more efficient company. We're now in a stable financial position, which gives us the ability to double down on what we do best, which is really AI innovation.

Today's news reflects the progress we've made on our technology platforms. But it's not just about Map Dynamics. It's broader. In our 3D modeling business, we now have 70% of production using AI. It's an AI-driven platform that allows us to make models faster, at lower cost, and at a higher scale than ever before.

We've also talked about our AI photography — that's fully functional and 100% AI-powered. We're transforming the way we do business. Specifically for today, it's about bringing AI to the Map Dynamics platform. That platform has been around for almost 15 years, and now we're bringing major innovations to the event industry, which is a $50 billion industry. We're excited about the AWS integration and the six months of work that's gone into this migration.

The news release mentions more reliability, easier scalability, and support for much bigger and more complex events. It gives you the ability to do all of that?

Yeah. The bottom line is more revenue, more business, more customers. This migration to AWS will allow us to bring more features and stability. It’s a bigger platform that enables much greater revenue potential. That's really the bottom line for our investors.

Map Dynamics is turning over a new leaf with this AI innovation via AWS. All of this is expected to result in higher revenue, profits, cash flow, and ultimately a higher share price. That’s what today’s news is about.

Quotes have been lightly edited for clarity and style