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Affluence Corporation Subsidiary MTi Joins MICE-Net Project to Revolutionize Event Technology
Accessnewswire· 2025-12-08 13:00
Core Insights - Affluence Corporation's subsidiary MTi has joined the MICE-Net project, which aims to transform the conference and events sector through intelligent virtual assistants and immersive technologies [1] Company Developments - The MICE-Net project has been approved under the RETECH IA program by the Generalitat de Catalunya, indicating governmental support for the initiative [1] - The project is expected to introduce innovative solutions in physical event spaces, enhancing the overall experience for attendees [1] Industry Impact - The initiative represents a significant shift towards integrating smart infrastructure and edge computing solutions in the events industry, potentially setting new standards for future conferences and events [1]
Eventbrite Announces Listener.com Partnership and Highlights a Year of Innovations Designed to Help Organizers Reach New Audiences
Businesswire· 2025-11-19 14:07
Core Insights - Eventbrite has released new tools aimed at helping organizers sell more tickets and reach new audiences by enhancing event discovery [1] - The company introduced features that simplify planning and checkout processes, improving the overall attendee experience [1] - These innovations are particularly timely as organizers prepare for the busy holiday season, making it easier to meet demand and deliver exceptional live experiences [1]
AI-Media 与 AVE 宣布达成独家合作,为澳大利亚现场活动提供无障碍支持
Globenewswire· 2025-11-18 18:12
Core Insights - AI-Media has appointed Audio Visual Events (AVE) as its exclusive rental partner in the Australian live events market, aiming to enhance accessibility and engagement in events [1][4]. Partnership Overview - The partnership allows event planners to rent AVE's industry-standard AV equipment, which is pre-configured to seamlessly deploy AI-Media's LEXI platform, including LEXI Viewer [2]. - LEXI Viewer is designed for professional live event environments, providing real-time AI-driven subtitles and translations displayed on various screens [2]. - This rental model offers flexibility for event producers to utilize advanced subtitle generation and translation technology without the high costs of purchasing dedicated equipment [2]. Market Opportunity - The Australian event management market is valued at approximately AUD 25 billion in 2024 and is projected to grow to AUD 70 billion by 2033, with a compound annual growth rate (CAGR) of 11.2% [4]. - The partnership addresses the growing demand for accessibility and multilingual communication, which are essential for audience engagement and compliance standards in the Australian live events market [4]. Company Background - AI-Media is a global leader in AI-driven speech translation, subtitle generation, and language orchestration, known for its reliable LEXI Suite and global encoder network [5]. - AVE is a top equipment rental and technical production provider in Australia, recognized for its reliability and over 20 years of experience in delivering seamless event technology solutions [7].
Nextech3D.ai launches Ethereum-based ticketing platform - ICYMI
Proactiveinvestors NA· 2025-10-25 17:03
Core Viewpoint - Nextech3D.ai has accelerated the launch of its blockchain ticketing solution, which aligns with its broader event technology strategy and builds on its recent Eventdex acquisition and AI-powered event suite [1][3]. Group 1: Blockchain Ticketing Solution - The blockchain ticketing platform is Ethereum-based and designed to support global events, particularly those focused on blockchain, by providing borderless ticketing capabilities [1][2]. - The initiative is seen as a natural extension of the Eventdex acquisition and aims to enhance transparency, eliminate fraud, and create new revenue streams through ticket resale and royalties [3][4]. - The company anticipates significant demand for blockchain ticketing from various global events, including token, Bitcoin, and Ethereum events [2][7]. Group 2: Revenue Potential and Business Strategy - The blockchain ticketing solution is viewed not only as a technological advancement but also as a revenue accelerator, with projected revenue opportunities of $5 to $10 million by 2026 and beyond [6][4]. - The company is actively upselling its services across over 500 annual events, increasing average order value through AI matchmaking, ticketing, and other services [8]. - The integration of AI, 3D modeling, and blockchain is expected to drive growth, with new deals and contracts anticipated in the near future [9][10].
Nextech3D.ai expands global event technology with AI matchmaking and event assistant
Proactiveinvestors NA· 2025-10-15 12:39
Core Insights - Proactive provides fast, accessible, and informative business and finance news content to a global investment audience [2] - The company focuses on medium and small-cap markets while also covering blue-chip companies and broader investment stories [3] - Proactive's news team delivers insights across various sectors including biotech, mining, oil and gas, and emerging technologies [3] Technology Adoption - Proactive is committed to adopting technology to enhance workflows and content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]
Nextech3D.ai CEO digs deeper into the company's Eventdex acquisition – ICYMI
Proactiveinvestors NA· 2025-10-04 17:01
Core Insights - Nextech3D.AI has strategically acquired Eventdex, significantly enhancing its event technology capabilities and providing an all-in-one solution for event organizers [1][12] - The acquisition is expected to increase the average order value per customer from $3,000 to $20,000, leading to a potential revenue increase of $10 million from upselling existing customers [2][5] - The deal accelerates the rollout of blockchain ticketing, with a launch anticipated in Q4 2025, tapping into the $85 billion global ticketing market [3][7] Financial Impact - The acquisition is fully funded in cash, avoiding shareholder dilution and expected to double the company's revenue [3][9] - The company anticipates becoming cash flow positive in 2026 and beyond, with significant growth potential from further M&A activities in the fragmented event tech space [3][9][10] Market Opportunities - Blockchain technology will provide a fraud-free, bot-resistant ticketing solution, allowing the company to capture significant market share in the ticketing industry [6][8] - The integration of various tools such as badging, floor plan mapping, and AI matchmaking positions the company as a leading provider in event technology [1][12]
Nextech3D.ai Signs Binding LOI to Acquire Eventdex in All-Cash Deal, Accelerating Its Growth As a One-Stop Event Tech Suite and the Launch of Its Blockchain Ticketing Solution
Accessnewswire· 2025-09-30 11:00
Core Insights - The all-cash purchase price for Eventdex is approximately $700,000, indicating a strategic acquisition by the company [1] - Eventdex serves over 60 customers and has generated around $750,000 in revenue for 2024 and approximately $500,000 year-to-date for 2025, showcasing its financial performance [1] - The combination of Map D's floor mapping capabilities with Eventdex's registration and badge printing is expected to enhance operational efficiency and accelerate Nextech3D.ai's blockchain ticketing roadmap [1]
Nextech3D.ai adds insurance to event platform Map Dynamics - ICYMI
Proactiveinvestors NA· 2025-09-06 17:19
Core Insights - Nextech3D.AI is integrating exhibitor insurance into its Map Dynamics platform to streamline the insurance process for exhibitors [1][4][8] - The partnership with Vertical Insurer aims to provide a low-cost solution for exhibitors, costing approximately $50 to $100 [4][5] - The integration is expected to generate revenue for Nextech3D.AI through commissions for each insurance signup, with no direct costs to the company [6][7] Company Overview - Nextech3D.AI operates in the event technology sector, facilitating over 500 events annually with more than 10,000 exhibitors using its platform [5][7] - The company aims to address a longstanding issue in the event industry regarding the cumbersome insurance documentation process for exhibitors [3][8] Industry Context - The event industry faces inefficiencies in managing insurance documentation, with show organizers needing to track numerous forms from exhibitors [8] - The integration of insurance services into event platforms is seen as a necessary evolution to improve operational efficiency for both exhibitors and organizers [8]
24/7 Market News Reports TEN Holdings Beta Days Are Here
Globenewswire· 2025-09-02 12:24
Core Insights - TEN Holdings has launched an Early Adopter Program for its new SaaS platform, Ten Events Pro, aimed at transforming its operating model towards scalable, higher-margin, recurring revenue streams [2][4] - Ten Pro is designed for professional-grade virtual and hybrid event production, providing enterprise users with a flexible platform for various events, enhancing production capabilities and user experience [3][5] - The Early Adopter Program allows selected organizations to access Ten Pro before its public launch, enabling them to influence its development and gain a competitive edge [4][6] Company Overview - TEN Holdings, Inc. operates in event planning, production, and broadcasting services, delivering virtual, hybrid, and physical event experiences through its subsidiary, Ten Events [7] - The company utilizes proprietary technologies, including the Xyvid Pro platform, to facilitate high-impact content delivery and communications at scale [7]
Nextech3D.ai rolls out AI-powered event platform - ICYMI
Proactiveinvestors NA· 2025-07-26 14:46
Core Insights - Nextech3D.AI has launched a mobile version of its Map D platform, integrating AI capabilities into event technology [1][3] - The new app supports AI matchmaking, cryptocurrency payments, and will soon include attendee registration and QR scanning [1][4][6] Company Developments - The mobile app positions Map D as a leading AI event technology suite, marking a significant step in Nextech's strategy to become an AI-first company [3][5] - The platform has transitioned from a basic interactive map service to a comprehensive mobile solution, resulting in three new deals and increased interest from clients [5][6] Industry Context - The event industry is valued at approximately $50 billion, and the new app aims to capture a larger share of this market [6] - Currently, the platform serves a niche market with nonprofits but is expanding its reach with the new capabilities [7] Financial Performance - The Map D platform boasts over 90% gross profit margin, indicating a highly profitable business model [8] - The platform currently supports over 500 annual events, with more than 50,000 exhibitors and over 1 million attendees, with expectations for growth in 2025 and beyond due to AI upgrades [8]