Companies Will Jointly Market AI
Solutions Based Upon Remark's Smart Safety Platform
(SSP)
LAS
VEGAS, June 8, 2022 /PRNewswire/ -- Remark
Holdings, Inc. (NASDAQ: MARK), a diversified global technology
company with leading artificial intelligence ("AI") solutions and
digital media properties, today announced that it has been accepted
as an Axis Technology Integration Partner. Remark's Smart Safety
Platform (SSP), a leading video analytics solution, is now
available with the Axis family of network and surveillance cameras
with built-in deep learning processing units.
"Axis is a global market leader in surveillance and network
cameras. We are pleased to have been accepted as an Axis Technology
Integration Partner, recognizing the value added by our AI-powered
SSP," noted Kai-Shing Tao, Chairman
and Chief Executive Officer of Remark Holdings.
Remark AI's SSP is built on AIoT architecture, enabling edge
computing on AI boxes and servers for both on-premises and
cloud-deployment solutions. Through the Technology Integration
Partner Program, and by leveraging the AXIS Camera Application
Platform (ACAP), Remark AI SSP's advanced deep-learning-based edge
video analytic functions will be available directly on Axis
Communications' upgraded camera series. Such a solution can
complement Remark's current edge-computing capability and provide
Axis's and Remark's customers with a better solution which includes
camera-based edge AI functions, real-time processing, reduced
hardware costs, and reduced storage and bandwidth requirements,
thereby leading to greater flexibility and cost efficiency for
large-scale deployments.
The Axis Technology Integration Partner Program is designed for
partners who already have a commercially-viable application or
solution in the market, or one very close to commercial launch, and
which provide business and product support to their customers. In
addition to extensive technical support to ensure the seamless
integration of partner solutions with Axis products, partners in
the program benefit from a joint go-to-market strategy, including
business and marketing resources and support.
About Axis Communications, Inc.
Axis enables a smarter and safer world by creating solutions for
improving security and business performance. As a network
technology company and industry leader, Axis offers solutions in
video surveillance, access control, intercom, and audio systems.
They are enhanced by intelligent analytics applications and
supported by high-quality training. Axis has around 4,000 dedicated
employees in over 50 countries and collaborates with technology and
system integration partners worldwide to deliver customer
solutions. Axis was founded in 1984, and the headquarters are in
Lund, Sweden. For more information
about Axis, please visit its website www.axis.com
About Remark Holdings, Inc.
Remark Holdings, Inc. (NASDAQ: MARK) delivers an integrated
suite of AI solutions that enable businesses and organizations to
solve problems, reduce risk and deliver positive outcomes. The
company's easy-to-install AI products are being rolled out in a
wide range of applications within the retail, public safety and
workplace arenas. The company also owns and operates an e-commerce
digital media property focused on a luxury beach lifestyle. The
company's corporate headquarters and U.S. operations are based in
Las Vegas, Nevada, and it also
maintains operations in London,
England and Shanghai,
China. The operations of the variable interest entities that
the company consolidates are headquartered in Chengdu, China with additional operations in
Hangzhou. For more information,
please visit the company's website at www.remarkholdings.com.
Forward-Looking Statements
This press release may contain forward-looking statements,
including information relating to future events, future financial
performance, strategies, expectations, competitive environment and
regulation. Words such as "may," "should," "could," "would,"
"predicts," "potential," "continue," "expects," "anticipates,"
"future," "intends," "plans," "believes," "estimates," and similar
expressions, as well as statements in future tense, identify
forward-looking statements. These statements involve known and
unknown risks, uncertainties and other factors, including those
discussed in Part I, Item 1A. Risk Factors in Remark Holdings'
Annual Report on Form 10-K and Remark Holdings' other filings with
the SEC. Any forward-looking statements reflect Remark Holdings'
current views with respect to future events, are based on
assumptions and are subject to risks and uncertainties. Given such
uncertainties, you should not place undue reliance on any
forward-looking statements, which represent Remark Holdings'
estimates and assumptions only as of the date hereof. Except as
required by law, Remark Holdings undertakes no obligation to update
or revise publicly any forward-looking statements after the date
hereof, whether as a result of new information, future events or
otherwise.
Company Contact
Fay Tian
Vice President of Investor Relations
F.Tian@remarkholdings.com
(+1) 626-623-2000
(+86) 13702108000
View original content to download
multimedia:https://www.prnewswire.com/news-releases/axis-communications-recognizes-remark-holdings-inc-as-an-axis-technology-integration-partner-301563919.html
SOURCE Remark Holdings, Inc.