LAS
VEGAS, Oct. 12, 2023 /PRNewswire/ -- Remark
Holdings, Inc. (Nasdaq: MARK), a leading provider of artificial
intelligence ("AI") powered video analytics solutions, announced
today that it will be joining NVIDIA as part of PNY's booth at the
upcoming Smart City Expo World Congress in Barcelona on November
7-9, 2023.
Remark will be joining PNY Technologies, Inc., the leading
distributor of NVIDIA graphic cards and GPUs, to showcase Remark's
Smart Safety Platform ("SSP") in its booth along with NVIDIA as a
model for practical applications of NVIDIA's Metropolis Smart City
Program.
"We are excited to host Remark AI at our booth at the Smart City
Expo World Congress in Barcelona,"
says Youssef Nadiri, PNY's Product
Manager for Edge AI Solutions. "Remark AI's powerful video
analytics software solutions, when combined with our family of
hardware products, will offer our customers a practical application
of our partner NVIDIA's Metropolis Smart City Solutions, laying a
solid foundation to build smart cities of the 21st century."
The Smart City Expo World Congress is the world's biggest and
most influential event for cities and urban innovation. Every year,
leaders from the most innovative companies, governments and
organizations gather to move cities forward to create a better
future. By bringing together the latest vendors who are providing
the latest technologies for urban innovation across the globe, the
Congress empowers cities to face the critical challenges the world
faces today such as climate change, accelerating a bright urban
paradigm toward a smart and efficient city.
Remark's Smart Safety Platform provides edge AI-driven video
analytics, rapidly analyzing video content at scale to provide
real-time analytics on people, traffic and vehicle management,
including crowd density, behavioral analytics and anomaly detection
within public spaces. One practical solution attracting cities
attention is Remark AI's focus on waste management and the
subsequent reduction of littering, which can be detected and
alerted to the relevant authorities. Since littering costs cities
multiple billions of dollars globally, any reduction of waste by
utilizing Remark AI's SSP can provide an immediate return of
investment through the reduction of costs from a city's waste
management program that aims to reduce the impact of
climate change.
For city planners and decision-makers, the Smart Safety Platform
identifies trends and patterns in behavior, known as "crowd
intelligence," that can be used to predict risks before they
become an intractable challenge, whilst providing the information
needed to make the most efficient use of city resources while
meeting the needs of the public.
Remark Holdings, Inc.
Remark Holdings, Inc. (Nasdaq: MARK), the industry leader in
AI-powered analytics computer vision solutions, delivers an
integrated suite of AI-solutions that help organizations understand
their customer demographics and behavior, while monitoring,
understanding and acting on potential security 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 government
agencies, hospitality, public safety, retail 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 our product portfolio at
www.remarkvision.com and home page at
www.remarkholdings.com.
About Remark's Smart Safety Platform
Remark's award winning AI models and video analysis increases
the safety of any environment, and the operational efficiency of
both private and public sector organizations. Remark's video
analytics works with existing video or CCTV systems to keep
workers, spaces and valuable assets safe along with buildings
secure.
Managing video surveillance operations has historically been a
labor-intensive process, requiring manual intervention to record
"events."
Integrating the Remark AI models into an existing video
infrastructure enhances the safety, security and identification of
people, assets and buildings with increased accuracy and speed
without additional financial costs.
About PNY
Established in 1985, PNY Technologies, Inc. celebrates over 35
years of business excellence as a leading manufacturer and supplier
of flash memory cards, USB flash drives, solid state drives,
computer memory upgrade modules, cables, NVIDIA GeForce consumer
graphics cards, NVIDIA professional graphics cards, NVIDIA Tesla
supercomputing inferencing cards, NVIDIA DGX systems, NVIDIA
networking solutions, and PNY GPU powered servers and workstations.
PNY's photography-videography, mobility, 3D gaming-visualization,
and business solutions are widely available from major retail,
e-tail, and wholesale outlets internationally. Headquartered in the
USA, PNY maintains facilities in
North America, Europe, Middle
East, Asia, and
Latin America.
About Smart City Expo World Congress
Held in Barcelona since 2011,
Smart City Expo World Congress is the world's biggest and most
influential event for cities and urban innovation. Every year,
leaders gather from the most innovative companies, governments and
organizations to move cities towards a better future. The Congress'
goal is to spread urban innovation across the globe and empower
cities to face the critical challenges the world faces today. The
Smart City Expo World Congress is on a mission to accelerate a
brighter urban paradigm towards green, efficient and thriving
cities that leave no one behind.
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
View original content to download
multimedia:https://www.prnewswire.com/news-releases/remark-holdings-inc-joins-nvidia-as-a-partner-of-pny-to-present-at-the-smart-city-expo-world-congress-in-barcelona-on-november-7-9-301954687.html
SOURCE Remark Holdings, Inc.