Evan Gappelberg, CEO of ARway.ai, discusses the company's shift to a software-as-a-service (SaaS) business model in an interview with Proactive's Stephen Gunnion.
With substantial success in its Enterprise Program and 35 ongoing global pilots, Arway aims to expand its market reach and enhance platform adoption. The transition to SaaS is expected to accelerate this user adoption.
The platform currently boasts 2,800 users, and by introducing a range of plans, ARway aims to attract a broader audience. These plans include a starter plan with limited features for trial, a student plan aimed at post-secondary students, a developer plan for mobile application creation, a partner plan for agencies, and a corporate plan for enterprise clients.
With Apple's upcoming AR glasses release projected in 2024, Arway anticipates a surge in demand for AR technology and is strategically positioning itself for this wave of interest. As the company continues to win contracts over competitors in the indoor navigation market, the future looks promising for ARway's growth trajectory.
Proactive Investors Canada
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