2018 has seen great advances in computer vision capabilities. The accuracy of object detection and facial recognition continues to improve, and the number of readily available options based on state-of-the-art deep learning technologies including convolutional and recurrent neural networks continues to increase. The improvements come at a cost – an increase in the complexity and processing requirements of the technologies.
As you know, security is a fast-paced industry that touches the lives of hundreds of millions of people every day. What we do and what impacts us has the potential to effect organizations, communities, and governments around the globe. This is one of the reasons why a look at the top five trends for the year ahead cannot be taken lightly. After careful consideration, here’s what I think will be impacting our world in 2019.
Kogniz announced a $4M seed financing round led by The Entrepreneurs’ Fund, Tom Chavez (Krux acquired by Salesforce.com), Auren Hoffman (Liveramp acquired by Acxiom), and other industry investors who are uniquely focused on machine learning and artificial intelligence. After 24 months of development, the Kogniz team has launched its first suite of products that use computer vision and AI to enhance security, safety and efficiency in any physical environment.
Sensity Systems Inc., provider of a leading Internet of Things (IoT) platform for Smart Cities, announced it has acquired Eutecus, an embedded software and configurable processor solutions provider for critical video and multi-sensory analytics systems. The combined company will provide customers with leading computer vision powered solutions in a comprehensive IoT platform for Smart Cities.