EDINBURGH, Scotland, Feb. 23,
2023 /PRNewswire/ -- Remark Holdings, Inc.
(Nasdaq: MARK), a diversified global technology company with
leading artificial intelligence ("AI")-powered computer vision
solutions, today announced its successful trial with the city of
Edinburgh, Scotland, in utilizing
its AI-powered Smart Safety Platform ("SSP") to manage occupancy
and traffic during the Hogmanay Festivities.
For over 30 years, Edinburgh's
Hogmanay Concert has welcomed some of the world's biggest acts to
perform at the world-famous Street Party on New Year's Eve. With
over 30,000 annual visitors over 48 hours, it is considered one of
the world's most renowned New Year's Eve events featuring
spectacular live music concerts, unforgettable fireworks, street
party extravaganzas, and family fuelled activities, including
Princes Street, various city venues, and museums.
In November 2022, the City of Edinburgh began its active search for
an AI-powered partner to help provide better crowd management while
they geared up for its yearly event and decided that it is time to
monitor the main busy areas with a live occupancy monitoring
solution.
Following conversations with the event organizers and in
partnership with their hardware provider, Remark reviewed the
Hogmanay street plans and recommended five mobile camera sentry
stations to be deployed with its AI-driven video analytics.
Remark integrated its video analytics solution SSP onto five
mobile camera sentry stations, covering the five main areas
of the festival, including entrances and exits, using virtual
boundaries. Video data was collected in real-time and shared with
Edinburgh's public safety team via
web browser and mobile application.
Callum Howie, Public Safety Officer at the City of
Edinburgh Council, comments, "Using real-time data-driven solutions
such as Remark's Smart Safety Platform is a valuable asset in
managing crowd flow, providing a safe and enjoyable festival for
everyone visiting the Hogmanay celebrations."
Dr. Robert Xiaoyun Yang, Director
of R&D at Remark, comments, "We are pleased that our Smart
Safety Platform fully supported the City
of Edinburgh's security teams during the 2022 Hogmanay New
Year's Eve celebrations, with virtual boundaries, pedestrian
counting for flow, and occupancy monitoring. It shows how well our
platform adapts and scales to most situations and is proving
successful with end-users, system integrators, and partners. For
Edinburgh City Council, our engineers installed SSP onto the
cameras provided by the organizers, which served up a cloud-based
web dashboard allowing their event teams to monitor the occupancy
of the main site with actionable intelligence in real time. As a
result, the city council team can now use real data for event
planning and take fast action to remobilize the resources to
respond to future situations with the help of SSP's real-time data
and intelligence monitoring."
The City of Edinburgh used
Remark's Smart Safety Platform for:
- Crowd traffic flow control, such as monitoring and limiting the
number of people within certain zones
- Venue occupancy and density monitoring
- Entrance/Exit monitoring, aggregating net flow, and estimated
occupancy
- Creating virtual boundaries
- Dashboard of actionable intelligence
- Historical data to be used for the planning of the 2024
festival backed by reliable data support
- Data-driven decision-making to plan for real-time action, e.g.,
opening/closing more entrances/exits, mobilizing spare resources,
when the real-time flow is more significant than the original
plan
To find out more about the City of
Edinburgh visit: https://www.edinburgh.gov.uk
To learn more about Remark's Smart Safety Platform,
visit: https://remarkvision.com/smart-safety-platform
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.