PALO ALTO, CA / ACCESSWIRE / September 6, 2023 / CXApp Inc (Nasdaq:CXAI), the global technology leader in employee workplace experiences announced a significant breakthrough with its artificial intelligence (AI) based Augmented Reality(AR) solution to help solve the most pressing problem of our times, the Return to Office (RTO) and shape the future of work.
A Bloomberg article this week estimates the RTO problem to be worth $1.3 Trillion dollars with most major companies mandating their employees to return to the office, even including company's like Zoom that enabled the remote work experience during the pandemic.
Khurram Sheikh, Chairman and CEO of CXApp said, "The CXAI SaaS platform is anchored on the intersection of customer experience (CX) and artificial intelligence (AI) providing digital transformation for the physical workplace for enhanced experiences across people, places, and things.
AI is core to the transformation of the workforce and the workplace. AI powered tools enhance the overall workplace experience by fundamentally automating all tasks to create new levels of productivity and efficiency.
Our AI-based Augmented Reality solution provides seamless integration of digital experiences with the real world and transforms the way users interact and engage with their environment. Leveraging our proprietary technology with Generative AI, we create interactive Digital 3D Twins of an organization's indoor maps designed to meet the diverse needs of today's workforce, whether they're on-site, working remotely, or adopting a hybrid model.
Imagine a world where an onsite employee can effortlessly locate a conference room, a hybrid worker can access their remote office space, a visitor can safely find a point of interest and a remote team member can join an interactive session-all with the same seamless, immersive experience. The screenshots below showcase this ground- breaking technology in motion from 2D to 3D with our customer partners:
With our AR module, teams can create unique and immersive new digital workspaces to collaborate more effectively, engage in real time from anywhere and increase their ability to innovate faster.
The personalization of employee preferences as well as the workflow tasks create a new digital twin model for employees and employers as they save precious time and create a new dynamic for engagement and job satisfaction.
From the infrastructure perspective, our software-only solution frees the enterprise from traditional battery-powered beacons or complex indoor positioning systems. This eliminates costly IT setup fees and the burden of ongoing hardware maintenance. This represents substantial cost savings for organizations and will transform the industry with what we're calling pink-dot navigation.
As we shared in our Q2 earnings call presentation and transcript, our existing customer base has expanded to more than 463 campuses with 22 unique enterprise customers in 224 cities around the world in 59 countries. We are excited to announce that two Fortune 200 Enterprise customers are currently undergoing beta deployments of our AR module with us, testing the technology in real world use cases for full-scale rollouts.
At a fundamental level, humans are designed to process enormous amounts of visual data. The true promise of Augmented Reality is to harness that ability and combine it with Artificial Intelligence's ability to process raw data.
We are now doing that today and can dramatically augment human intelligence.
Our focus has always been on delivering cutting-edge solutions to empower our users, and we are excited to see how this revolutionary AI application will transform employee experiences.
Khurram Sheikh concluded "The CXAI platform is a full stack solution offering the most comprehensive solution in the marketplace anchored on AI. Our Augmented Reality module is a true game-changer. It brings the power of AI to the workplace without the limitations of traditional methods. With our proprietary technology and user-centric design, we are redefining workplace interactions. We are looking forward to rolling out this exciting capability to our enterprise customers in the coming months and transforming all workplaces into a mixed reality wonderland".
This press release is for informational purposes only and is neither an offer to purchase, nor a solicitation of an offer to sell, subscribe for or buy, any securities, nor shall there be any sale, issuance or transfer or securities in any jurisdiction in contravention of applicable law.
About CXApp Inc
CXApp Inc, is the global technology leader in employee workplace experiences. The Company is headquartered in the SF Bay Area and operates the CXAI SaaS platform that is anchored on the intersection of customer experience (CX) and artificial intelligence (AI) providing digital transformation for the physical workplace for enhanced experiences across people, places and things.
CXApp's customers include major Fortune 500 Global Companies in the technology, financial services, consumer, healthcare, and media entertainment verticals.
CXApp Inc.: marketing@cxapp.com
Forward-Looking Statements
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SOURCE: CXApp Inc.
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