Wherever machines need the vision to deliver maximum value to humans, start-ups develop new technologies and applications.
Autonomous cars need “eyes” to find their way safely. In retail, Computer Vision helps managing warehouses and shelves. In Health, patients and doctors are supported in diagnosing diseases and monitoring therapies.
Therefore many new start-ups are working on video analytics and turning devices in the IoT into self-learning units. We have found some exciting applications here.
Let's take a look at some exciting startups and their ideas.
1. Start-Ups that challenge IoT in Retail
Bossa Nova is a leading provider of real-time, on-shelf product data for the global retail industry. Robots navigate the busy retail ecosystem, collecting a wealth of data that allows retailers to optimize the omnichannel shopping experience.
New navigation and cognitive abilities have enabled robots to become more agile and take on more tasks, from moving products at distribution centers to helping direct customers around the store.
Headquarter: San Francisco, USA
Many retailers and restaurants still use closed-circuit television and video recorders to protect their premises. Camcloud’s cloud service comes complete with cloud storage for your recordings, live video viewing from anywhere and easy-to-use mobile apps.
Headquarter: Ottawa, Canada
Link Analytix offers products and services that provide insights into both the sales process and the shopper experience. They also deliver services for live tracking of campaigns and POS data.
“We use digital tools to enable our clients to make the right decision to secure growth and performance according to established objectives.” - Espen Thømming, COO of Link Analytix - Read full interview with Espen here
Some examples can illustrate what this business information can provide: The ideal placement of in-store campaigns affect sales by up to 50% and even the right usage of in-store posters can affect sales by over 20%.
Headquarter: Oslo, Norway
By leveraging artificial intelligence, Pilot AI helps retail businesses uncover consumer patterns. Their computer vision models can detect people and a broad range of objects in a retail setting while performing advanced real-time analytics to develop valuable customer insights.
The Pilot Platform applies state-of-the-art artificial intelligence technology to provide a comprehensive and accurate picture of in-store shopper activity.
Headquarter: Palo Alto, USA
The first retail vertical IoT integrated platform to bring e-commerce style shopper analytics to brick-and-mortar retailers, RetailNext is a pioneer in focusing entirely on optimizing the shopper experience.
More than 450 retailers in over 85 countries have adopted RetailNext's analytics software and retail expertise to increase sales, reduce theft and eliminate unnecessary costs.
Headquarter: San Jose, USA
Signatrix brings artificial intelligence and machine video comprehension to stores. With human-level object recognition, Signatrix can assist retailers with a wide range of tasks that require human image and video comprehension, increasing your productivity.
Headquarter: Berlin, Germany
200,000 new small businesses are born every day around the world. V7 Labs help bring their products on shelves near you using AI, surveying inventory and enabling autonomous checkout.
Market owners and suppliers can view the movement of products in real-time, gaining instant notifications on stock-outs, sales, and rich analytics obtainable nowhere else.
Headquarter: London, Great Britain
2. Start-Ups that change the GAme in Mobility
AEye acts according to the principle, “Think like a robot, perceive like a human.” With this in mind, the company develops advanced vision hardware, software, and algorithms that act as the eyes and visual cortex of autonomous vehicles.
AEye’s iDAR is a perception system that acts as the eyes and visual cortex of autonomous vehicles.
Headquarter: Pleasanton, USA
Eyesight Technologies offers advanced edge-based computer vision and AI solutions. Designed for the automotive in-cabin environment and smart home IoT devices.
For the Automotive market, Eyesight Technologies offers advanced in-cabin sensing solutions that increase safety and enhance the driving experience. The in-cabin solutions include driver monitoring, driver identification, occupancy detection and touch-free gesture-based control.
Headquarter: Hertzlyia Pituach, Israel
FF Group offers intelligent security AI solutions on EDGE which can help in smart city and traffic concept development.
For this purpose, they have developed their own unique algorithm for image recognition. It is easy to install on IP cameras and enables vendors and integrators to implement various use cases, such as license plate recognition, traffic control, parking solutions, and large network projects.
“Security and Safety Things' open platform allows us to reach new customers who need license plate recognition solutions for their projects.” - Oleksii Tsvietnov, CTO of FF Group - Read full interview with Oleksii here
Headquarter: Prague, Czech Republic
Mighty AI is a data management platform for autonomous vehicle perception data. It provides all the software, expertise, and expert annotators needed to create ground truth datasets for vehicle perception models.
The platform helps convert raw, unlabeled data into useful high-quality data, pairing machine learning with human intelligence to revolutionize how companies manage perception data and create ground truth data to train and validate their models.
Headquarter: Seattle, USA
Nauto helps prevent collisions before they occur with the industry's only automated real-time alerts built with drivers in mind. Its intelligent driver safety system assesses how drivers interact with the vehicle and the road ahead to reduce distracted driving and collisions.
With this knowledge Nauto is powering the development of self-driving technology that brings the best of human driving to autonomy.
Headquarter: Palo Alto, USA
OpenALPR develops automatic license plate and vehicle recognition software. Their aim is to drive down the cost of LPR in order to enable new and exciting uses of technology.
OpenALPR works with any IP camera and independent of video management software. Customers use the software for parking enforcement, public safety (amber alerts, fugitive tracking, outstanding warrants) access control for ticket-less smart parking lots, spaces and garages and business intelligence, customer profiling, VIP recognition, smart billboards, employee and fleet tracking.
Headquarter: Hanover, USA
3. Start-Ups that bring IoT in Healthcare to the next level
AiCure is an AI and advanced data analytics company targeting the healthcare industry. Their proprietary intelligent software captures and understands video, audio, and behavioral data to establish the link between patients, disease, and treatment.
IMA, an interactive medical assistant to assist patients and ensure they receive treatment.
Headquarter: New York, USA
Arterys was founded to facilitate the global advancement of medicine through data, artificial intelligence and technology. By making imaging diagnostics quantitative, intelligent and available, the company seeks to improve the lives of millions of patients.
Because a significant proportion of the world's medical data resides in medical images, Arterys set out to tackle several issues around the space, including the enormous workloads radiologists face, the lack of accuracy with many of today's tools, and the need for increased consistency across practices.
Headquarter: San Francisco, USA
OrCam harnesses the power of artificial vision to assist people who are visually impaired.
Therefore, they have created a technologically advanced device that is able to provide visual aid through a discreet wearable platform and a simple easy-to-use interface which serves to enhance the daily lives of people with vision loss.
Headquarter: Jerusalem Region
SkinVision mobilizes and empowers consumers to act on and manage their skin health, being the first CE certified skin cancer app. The technology uses an innovative algorithm to analyze skin spots, enabling customers and the health system to minimize cases of skin cancer and positively touch the lives of millions of people around the world.
Headquarter: Amsterdam, The Netherlands
Zebra Medical Vision’s Imaging Analytics Platform allows healthcare institutions to identify patients at risk of disease and offer preventative treatment pathways to improve patient care.
The company’s AI solutions analyze millions of clinical imaging data in real-time, detecting various medical indications, enabling it to be the only AI Medical Imaging company with such a wide range of products.
Headquarter: Kibutz Shfayim, Israel
That's it for now...
If you think we missed one or even your start-up, please let us know!
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