LONDON, Jan. 27,
2023 /PRNewswire/ -- Remark Holdings, Inc. (Nasdaq:
MARK), a diversified global technology company with leading
artificial intelligence ("AI") -powered computer vision solutions,
today announced its latest partnership with AAEON, a leader in
AI-Edge computing.This partnership signifies the importance of
providing market-ready solutions for creating smart cities
requiring vision solutions for increased public safety, situational
awareness, and behavior analysis.
"We are extremely excited about this partnership. Combining our
AI-driven video analytics with AAEON's computing platforms creates
a simplified solution for system integrators and end users.
Together, we can easily create and deploy a complete vision system
that detects, identifies, tracks, and characterizes objects,
people, vehicles, and behaviors at scale and speed with actionable
insights, with minimal false alerts," said Dr. Xiaoyun Yang, Director of R&D at Remark
Holdings.
Remark AI's SSP AI-powered features generates real-time alerts
for proactive security and safety including:
- Intelligent pre and post-forensic investigation that provides
meta-data searches by utilizing physical and object-recognition
attributes to speed up the investigation process
- Intrusion / loitering / object / vehicle / trespassing
detection
- Live real-time large-capacity people counting and crowd
analysis
- Preventative behavioral analysis such as loitering, dropping of
unattended bags, vandalism, graffiti, fights
- Suspicious fire, object, and smoke detection
- Visual dashboard with actionable insights and reports for daily
monitoring and customer flow analysis
Dr. Xiaoyun Yang comments, "As
the number of cameras organizations install increases, the cost of
advanced technology such as AI-driven video analytics is reducing.
And for mid to large organizations, it is unrealistic and
inefficient to rely on the manual monitoring of video streams,
given the number of false alarms and the requirement to act at
speed. So instead, our system interprets video content 24/7, acting
as a force multiplier to security and operation teams. We have also
seen some exciting applications, such as personal protective
equipment detection and queue management, which we will demonstrate
at the Integrated Systems Europe (ISE) in Barcelona, Spain, from January 31st to February 3rd, and at the Embedded
World Conference Nernberg, Germany
in March with AAEON."
The integration of Remark's video analytics with AAEON's compute
platforms simplifies deployment for system integrators and end
users looking for an 'easy install' solution for increased security
with operational savings, enabling organizations to:
- Identify people and objects at scale and speed
- Monitory, track, and act with real-time alerts and automated
workflows
- Optimize operations with cost savings
"Remark has been easy to work with, facilitating an 'easy
install' video analytics solution that delivers accurate data at a
low price point for end users. In addition, this deployment will
lead to a flow of ideas to improve future computer vision
applications, highlighting our ability to push the boundaries
beyond what we originally thought possible," comments Iris Huang, Product Sales Manager SPD at
AAEON.
To learn more about Remark for Security & Safety Monitoring,
visit AAEON's booth (Hall 6, 6H855) at Integrated Systems Europe,
Barcelona from January 31st to Feb 3rd, 2023.
To learn more about the Remark Smart Safety Platform, visit:
www.remarkvision.com/smart-safety-platform
About AAEON
Established in 1992, AAEON is one of the leading designers and
manufacturers of industrial IoT and AI- Edge solutions. With
continual innovation as a core value, AAEON provides reliable,
high-quality computing platforms, including industrial motherboards
and systems, rugged tablets, embedded AI-Edge systems, uCPE network
appliances, and LoRaWAN/WWAN solutions. AAEON also provides
industry-leading experience and knowledge to provide OEM/ODM
services worldwide. In addition, AAEON works closely with premier
chip designers to deliver stable, reliable platforms. For an
introduction to AAEON's extensive line of products and services,
visit www.aaeon.com.
About Remark Holdings, Inc.
Remark Holdings, Inc. (NASDAQ: MARK) delivers an integrated
suite of AI solutions that help organizations monitor, understand
and act on threats in real time. Remark consists of an
international team of sector experienced professionals that have
created award winning video analytics. The company's GDPR-compliant
and CCPA-compliant solutions focus on sectors including retail,
federal agencies, public safety, hospitality and transportation.
The company's headquarters are in Las
Vegas, Nevada, USA, with operational offices in New York and international offices in
London, England. For more
information, please visit the company's website:
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
regulations. 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 the 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 Contacts
Fay Tian
Vice President of Investor
Relations
F.Tian@remarkholdings.com
(+1) 626-623-2000
(+65) 8715-8007
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SOURCE Remark Holdings, Inc.