The latest research report on the facial recognition market with a global forecast to 2024, shows the sector is expected to grow from USD 3.2 billion in 2019 to USD 7.0 billion by 2024, at a CAGR of 16.6%. Analysts from Marketsandmarkets, the report publishers, say that the major forces driving this market are growth
AnyVision, a leading computer vision company specializing in face, body, and object-recognition software, today announced the close of its $74 million Series A financing round. New investment comes from M12, Microsoft’s venture fund, DFJ Growth and OG Technology Partners. As part of the Series A, AnyVision previously announced investment from LightSpeed Venture Partners, Robert Bosch GmbH, Qualcomm Ventures, and
Arcules, innovators in integrated video cloud as a service, announces that it has named Cody Flood as Senior Director of Sales for the United States and Canada. In this role, Flood will focus on amplifying the momentum of the regional sales team, and play a significant role in accelerating adoption of the Arcules cloud-based service.
ISS – Intelligent Security Systems, a global provider of intelligent Video Management Systems (VMS) solutions with natively developed analytics, recently established a new benchmark with industry reports from IHS Markit. In its Video Surveillance Intelligence Service report, IHS Markit estimates ISS to have been the third largest non-security solution vendor of VMS in 2017. In
SALTO Systems, a manufacturer of electronic access control solutions, has appointed Steve Burk as the Director of Marketing for the United States. Based at the U.S. headquarters in Atlanta, Steve will report to Bill Wood, President of SALTO North America. In this new role, Steve will oversee marketing efforts that guide the continued growth and
Avigilon Corporation (“Avigilon”), a Motorola Solutions company, is pleased to announce that Alex Asnovich has joined Avigilon as Vice President, Global Marketing and Communications. Mr. Asnovich brings nearly 20 years of global experience in leading marketing and communications for companies in the security, life safety and technology industries. His proven abilities to build and implement
Thales invests 20% of its annual revenues in R&D, and since 2014, the company has invested nearly 7 billion Euros in digital technologies, particularly in the areas of connectivity, Big Data, cyber security and Artificial Intelligence (AI). The second Thales Media Day event later this week will focus on the important role of AI in
Videonetics, World’s first AI & DL powered Unified Video Computing platform development company, has announced that it ranked 107th on the Deloitte Technology Fast 500 Asia Pacific 2018, a ranking of the 500 fastest growing technology companies in the Asia Pacific region. AI-driven security platform firm Commenting on the achievement, Dr. Tinku Acharya, Fellow IEEE, Founder
The latest report on the Smart Cities Market to 2023 by Marketsandmarket cites that the sector is expected to grow from USD 308.0 billion in 2018 to USD 717.2 billion by 2023, at a compound annual growth rate of 18.4% during the forecast period. The adoption rate of smart cities solutions is expected to grow
BrainChip Holdings Ltd, global developer of software and hardware accelerated solutions for advanced artificial intelligence (AI) and machine learning applications, has signed a strategic partnership agreement with SoftCryptum to sell BrainChip’s AI-powered video analytics solutions to government agencies in France, Belgium, and Switzerland. BrainChip-SoftCryptum strategic partnership SoftCryptum sells security and data analytical solutions around the
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