PERTH, AUSTRALIA: ServTech Global Holdings (Vection), a multinational software company that creates 3D, Virtual Reality (VR) and Augmented Reality (AR) solutions, has entered into a software distribution agreement with Canadian marketing and business intelligence specialist App Arquela Inc.
The agreement with App Arquela marks the first step of Vection’s expansion into Canada ahead of the US launch. App Arquela is a key distributor enabling Vection to access Canadian real estate developers in the fast growing Greater Toronto Area. Together with App Arquela, Vection will market its VR & AR software solutions to Canadian companies, in particular in the real estate sector, significantly supported by the Italian Chamber of Commerce of Ontario (ICCO).
Toronto and the Greater Toronto Area are experiencing house prices increases (+5.8% October YoY) and greater building activities (120 cranes in Toronto’s skyline). This provides for a great commercial opportunity for the Company to offer its VR & AR software solutions to architects, interior designers, developers and real estate agents alike -enabling them to visualise buildings, apartments and houses before they are built.
App Arquela joins Vection’s growing international value added reseller and distributor network with 10 distributors signed up.
Gianmarco Biagi, Managing Director of ServTech, commented: “App Arquela represents the Company’s first step in the North American market ahead of the US launch planned for 2020. We will deploy best-in-class VR & AR communication solutions to the Canadian market, supported by the experience achieved with our ongoing collaborations with Tier1 companies such as Volvo Car Italy. We look forward to sharing our progress and success as we roll-out our growth strategy.”
Riccardo Bressan, CEO of App Arquela, commented: “We are very excited to deploy Vection’s solutions for communication and business intelligence purposes, in particular in the fast-growing Canadian real estate sector. We believe FrameS is an industry game-changer set to revolutionise the Canadian real estate industry.”