On Friday, the pricing of SenseTime's stock offering in Hong Kong didn't take place as previously scheduled, thwarting the company's plans to go public in a week's time on Dec. 17. Along with the fierce competition, public concerns about data security also shadow the way ahead. MEGVII, an AI company based in China, develops Face++, a computer vision technologies platform that enables applications to read and understand the world better. [45], On February 18, index compiler Hang Seng Indexes Co. added SenseTime to the Hang Seng TECH Index. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. Leveraging AI technology, YITU is empowering diverse industries. Camvi's real-time video recognition system iden, Yuva AI is a software development company. Through camera integration, key activity extraction, automated task allocation, and the generation of cus, Extreme Vision provides computer vision technology and cloud services with a focus on video analysis technology. While that includes innocuous technologies like traffic flow optimization or fire detection, some Smart City technologies, like facial recognition cameras, are also accused of being used by China's government to surveil minorities. In November 2017, SenseTime set up a 'smart policing' company with Leon, a major supplier of data analysis and surveillance technology in Xinjiang. By Dr Li Xu, Co-founder & CEO of SenseTime | Sensetime was set up in 2014, and is China's largest artificial intelligence (AI) unicorn focused on. 20 Dec, 2021, 09.49 AM IST. Though the online tool, input a URL and well tell you if it contains any celebrities. It can send real-time alerts to security personnel or other people in the organization. SenseTime will need to be very careful about its data storage and transfer practices to stay in the safe zone. SenseTime Write a Review. AI Image Enhancer: Enhance the image color and contrast based on machine learning. SenseTime co-hosted the 3rd International Artificial Intelligence Fair in Shanghai. Are your photos missing the mark? II. With local offices in Singapore, Malaysia, Thailand, the company offers both business and consumer-oriented AI products and services. Tell the album to build a model itself using the labeled images. It also says it will fight for Beijing SenseTime to be removed from the list "as soon as an appropriate opportunity arises.". Camvi is a U.S.-based artificial intelligence company, specializing in face recognition and identification technologies. Customizable welcome page for business promotion. Despite growing revenue, the company has always run a deficit. After raising a whopping USD 410 million fund in July 2017, SenseTime further obtained a sum of USD 1.22 billion in 2018. The move by the US Treasury Department earlier this month isn't the first time that. docin.com ranks as the 4th most similar website to sensetime.com and openreview.net ranks fifth. SenseTime's Org Chart. SEHK:268 HK$56.2b. docin.com and openreview.net received 9.7M visits and 1.4M visits in January 2023, respectively. SenseTime sells mid-range purchase size items on its own website and partner sites in the extremely competitive online artificial intelligence software industry. our sites and services. You can review our privacy policy to find out more about the cookies we use. We have made a number of technological breakthroughs, one of which is the first ever computer system in the world to achieve higher detection accuracy than the human eye. team can easily create 100k labeled images in less than a single day ForensicaGPS features advanced facial recognition technology designed to increase the speed and enhance the accuracy of criminal investigations. Radu attended TUM between 2005 and 2009. The AI developer is aiming to cement itself globally. SenseTime technology can be seen in cities across China and will soon be applied in other sectors. [8][9], SenseTime was co-founded in October 2014 by Tang Xiao'ou, a professor of the Department of Information Engineering at the Chinese University of Hong Kong (CUHK), and computer scientist Xu Li, among others. A digital media company reporting on the most promising technology-driven businesses and trends in the world's emerging markets. Fu Yingwen, analyst at investment research firm EqualOcean, On why SenseTime doesn't have an economic moat: "In the field of computer vision, [the competition] comes down to algorithms and processing power. The report contains a comprehensive list of the top competitors in the global Visual Deep Learning market. First of all, as a company that relies on tons of data to train its algorithms, it is in a precarious spot as Beijing ramps up its control over business data. According to a Frost & Sullivan report commissioned by SenseTime, SenseTime is currently the largest AI software provider in Asia by revenue. See how SenseTime compares to similar products. It was during this time that a total of 43 publications were recognized by the CVPR and the International Conference on Computer Vision (ICCV). Face++ allows users to easily add deep learning-based image analysis recognition technologies into applications, with simple APIs and SDKs. The Chinese artificial intelligence company said Wednesday that it raised around $700 million from its initial public offering, at the low end of the price range. [19] The following month, SenseTime signed a collaborative memorandum of understanding with Nanyang Technological University (NTU), the National Supercomputing Centre of Singapore and Singapore Telecommunications Limited (SingTel). Last but not least, AI is a crowded sector in China, where SenseTime not only faces competition from the other AI dragons, but also Big Techs like Baidu and Huawei. YITU Technology works in the Artificial Intelligent (AI) fields such as computer vision, speech recognition, natural language processing, intelligent decision-making and AI chips. Kingdee International Software Group. SenseTime set a record for the highest round of financing in the global AI industry: Series B raised US$410 million. AInnovation (2121.HK) offers AI-related products and business solutions to customers in the retail, manufacturing, and finance sectors. The Hatchworks analysts have done due diligence about the upcoming SenseTime IPO.. SenseTime has raised $2.67B so far and aiming for more. Founded in 2014, SenseTime is a company that specializes in artificial intelligence software for facial recognition, image recognition, intelligent video analytics, autonomous driving, and medical image recognition. He served for two terms on the Board of Scientific Counselors of the National Institute for Occupational Safety and Health, Centers for Disease Control and Prevention. Reville received his Ph.D. in economics from Brown University. China had 22,191 AI researchers within its borders, fourth on the list. As one of the leading AI developers in China, SenseTime has repeatedly wooed investors. SenseTime swiftly got rid of the company. There's no less hostility on the other side of the Pacific Ocean. [14] The following month, the Shanghai Municipal Government signed a strategic alliance agreement with SenseTime. The programme was cancelled by MIT in 2020 following revelations of SenseTime's involvement in the persecution of Uyghurs and other ethnic and religious minorities. [47], On August 19, Hang Seng Indexes included SenseTime in the Hang Seng China Enterprises Index and increased its weighting in Hang Seng TECH Index from 0.15 to 1.76. Admar Gonzaga, 440 Itacorubi - Florianpolis / SC 88034-000 - Brasil, 20, Oskar-von-Miller-Ring, 01-102, 80333 Munich, Otemachi Building 2F, 1-6-1 Otemachi, Chiyoda-ku, Tokyo, 100-0004, Similarweb LTD 2023 All Rights Reserved. Crowd-sourcing the identity of a wanted suspect is time-consuming. Detect and identify information like the year, make and model of vehicles from any angle. This is because rivalry forces competitors to produce superior performance. Chooch performs rapid facial recognition and object recognition in images and videos by. See how SenseTime compares to similar products. Glassdoor. SenseTime was entrusted by the Ministry of Science and Technology of China to establish the National Open Innovation Platform for Next-Generation AI after Alibaba Cloud, Baidu, Tencent and iFLYTEK. SenseNet () was a company invested in by SenseTime. Copyright 2023 CB Information Services, Inc. All rights reserved. [38][39], In September 2021, Axios reported that SenseTime uses a subsidiary, Shanghai SenseTime, to sidestep U.S. sanctions targeting subsidiary Beijing SenseTime. For now, recruitment remains a huge challenge for SenseTime and its competitors. We . According to the 2020 Global AI Talent Report published by Element AI, there were more than 477,950 AI researchers around the world in 2019. [24], SenseTime joined MIT's Quest for Intelligence campaign. It provides advanced technologies and products in several sectors including intelligent city, smart finance, intelligent healthcare, smart retail, AI chips and AI pharmaceuticals. SenseFoundry is available for Cloud. (From 2018 to 2019, its annual revenue grew 63%.) Lauretta.io is an AI-powered human resource management system. SenseTime said it remained committed to completing the offering and would publish a supplemental prospectus and an updated listing timetable. The company has built AI schools and libraries to process data for deep learning, as well as a large AI computing center in Shanghai that can process 23,600 years runtime worth of video content in a single day. It is chiefly known for its deep learning platform that can recognize and process human faces, images, and text. . 9 of SenseTime's Competitors have claimed theirs. Even though the user may not realize the complexity of the tasks being processed, it takes months for a team of engineers to implement a single algorithm. Intelligently recognize your face, locate facial features and provide various common beautification functions: skin whitening, eye enlarging, lip gloss, hair coloring and so on. Unify disconnected communication channels with a single application to simplify collaboration. SenseTime had planned to sell 1.5 billion shares within a price range of HK$3.85 to HK$3.99 each in the IPO. (SPACs), Transportation, Infrastructure & Logistics. Funding: $119.9M. metaverse mania. It provides advanced technologies and products in several sectors including intelligent city, smart finance, intelligent healthcare, smart retail, AI chips and AI pharmaceuticals. But different scenarios may require different automation solutions, so SenseTime developed a smart city AI hub equipped with face and vehicle recognition, crowd analysis, and event detection tools. Find the company . Ryan manages all customer-facing activities at phData. The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution. Stitch full circular, drum type, and full frame fisheye photos into full 360 spherical panoramas, providing perfect images resources to Tourweaver for virtual tour creation. [35][36] The company denied the allegations, said it had been caught in the middle of geopolitical disputes," and postponed its Hong Kong IPO plan. Their business model encompasses facial recognition, robot delivery, smart health and education. With roots in the academic world, Our API promotes innovation, opportunities to scale and make monetization easier. Going forward, we strive to empower more industries with our AI platform and build a stronger AI ecosystem together with industry and academia. Executive management, business strategy and planning, strategic partnerships, startup operations, technology planning, organizational effectiveness, coaching, process development and management, social enterprise and non-profit expert. If you continue browsing. In early 2021, it was the recipient of many smart city projects, leading to a 240% year-on-year increase in revenue. to Profile a Minority", "27 Companies Drafting China's First National Facial Recognition Standard", "U.S. Blacklists Eight Chinese Tech Companies on Rights Violations", "AI Unicorn SenseTime Is Said to Mull Hong Kong, China IPO", "China's most famous sci-fi writer joins AI firm SenseTime in planet project", "Temasek-backed SenseTime launches AI innovation hub in Singapore", "China's AI giant SenseTime readies Hong Kong IPO", "US to blacklist Chinese AI company SenseTime over Xinjiang ahead of IPO", "Treasury Sanctions Perpetrators of Serious Human Rights Abuse on International Human Rights Day", "U.S. imposes sweeping human rights sanctions on China, Myanmar and North Korea", "China's Sensetime postpones $767 mln Hong Kong IPO after U.S. ban", "SenseTime relaunches $767m Hong Kong IPO after US investment ban", "US sanctioned China's top facial recognition firm over Uyghur concerns. In terms of algorithms, many of them are open source, so the top 20 companies aren't quite different from each other when it comes to applying their technologies to daily scenarios; in terms of processing power, it depends on the microchips, where SenseTime also doesn't have an advantage." This is the SenseTime company profile. SenseTime has won awards to back this up. Twinmotion features realistic physically based lighting and shadowing with built-in global illumination, includes over 600 PBR materials that react to your environment, and offers effects like depth of field, lens flare, and vignetting, making it easy to get the look you need. Detects head poses, closed eyes, eye gaze, open mouth and spectacles. Ryan was one of the first Clouderans in the upper-Midwest and helped to win several of Clouderas landmark customers in the region. Whether you are working within behavioral science, doing observations, studying human factors, conducting usability testing or working in a simulation environment, iMotions is your answer. But SenseTime has been in the crosshairs of U.S. regulators. Meanwhile, Hikvision invested RMB 3.878 billion (USD 580 million) in the first six months of 2021 to strengthen its R&D capabilities, eclipsing SenseTimes investment for the full year. DiDi's IPO in the U.S. has already seen share prices fall well below their initial level due to data security concerns, and China has released a slew of data regulations in the past month whose effects are yet to be felt. The global Artificial Intelligence (AI) market size was valued at USD 47878.36 million in 2021 and is expected to expand at a CAGR of 40.04% during the forecast period, reaching USD 361042.93 Face++ allows users to easily add deep learning-based image analysis recognition technologies into applications, with simple APIs and SDKs. Found inside Page 107As of 2019, research results from companies such as Tencent, SenseTime, and Sogou have topped the competition. SenseTime competes with other top machine learning software stores such as Synthesia, Zoho DataPrep and Hexowatch. Here's what their competitors are saying: AInnovation claims to be a better solution than SenseTime due to: advanced AI technology and industry know-how. SeetaTech is a computer vision company that provides face recognition, UAV vision, video structural analysis, and other deep learning technologies. The NeoFace Watch application is a Web-based thin client with an easy-to-use user interface. At the moment, SenseTime is expanding into new sectorssmartphones, entertainment, and automobiles. You wont find a more cost-effective, student-friendly system for online proctoring. Asiainfo Technologies. Orbo is an AI-enabled facial technology and computer vision startup. [10][11], In 2017, 43 SenseTime publications were recognized by the CVPR and the International Conference on Computer Vision (ICCV). This is called crop-weed competition. Subsequently to Baxter, Richard founded companies in both managed care and laboratory services, and was also the CEO of Visible Genetics (NASDAQ: VGIN), the pioneer in laboratory-based gene sequencing and bioinformatics. Discover information and data insights on SenseTime Group Ltd's key competitors and market peers. In June 2014, while teaching at the Chinese University of Hong Kong (CUHK), Tangs team of researchers at the school launched DeepID, a face recognition algorithm with a 99.55% accuracy ratea benchmark that was more accurate than the human eyes 97.53%. It has won over 70 top positions in global AI contests and authored more research papers presented in international computer vision conferences from 2015 to 2021 than any competitor. Last year, Yitu withdrew its IPO application in Shanghai, and may be considering going public in Hong Kong. [21], In September 2018, SenseTime became one of the founding members of the Global Artificial Intelligence Academic Alliance (GAIAA), along with the Chinese University of Hong Kong, the Massachusetts Institute of Technology, the University of Sydney, Shanghai Jiao Tong University, Tsinghua University, Fudan University, Zhejiang University, Nanyang Technological University, and seven other universities. Although most of the algorithms from 2.4 are still present, the interfaces can differ. Last year, Yitu withdrew its IPO application in Shanghai, and may be considering going public in Hong Kong. Richard has three decades of experience in building companies in healthcare and genomics, including 13 years at Baxter Laboratories. Analyst Briefing Submitters are 7x more likely to receive a qualified connection. It completed 12 rounds of financing and raised more than RMB 35 billion (USD 5.22 billion) before its IPO in Hong Kong. Computer vision based solutions - the tech that we will see a lot in 2018 both in the end-consumer market and b2b areas. [23], The Wall Street Journal reported that SenseTiime was valued at $7.7 billion at the end of 2018. Top Competitors of SenseTime. Contact. Most of this revenue came from SenseTime's Smart Business (39.2% in 2021) and Smart City (47.6% in 2021) services. DeepThink is an AI technology services provider. Detect and compare human faces. [27][2] In November 2019, SenseTime led a committee tasked with developing a standard for facial recognition in China. Our Video IDentification, Advanced and Qualified Electronic Signature, and Facial Biometric Authentication services are transforming the way in which companies and customers interact. No need to think about storage and algorithms. Here is a summary of how the competitors of SenseTime compare to one another: LotusFlare has the most employees (375). SenseTime, founded in October, 2014 and headquartered in Shanghai, is an artificial intelligence and AI algorithm provider. #1. By the end of 2021, 70% of SenseTimes staff, or roughly 4,300 people, were R&D technicians. "As 'smart security' integrates image recognition technology into [the] security system, SenseTime and all pure AI solution providers are too 'soft' in the field they need to apply their image recognition products and services to hardware to provide a comprehensive solution." Dr. Robert T. Reville is the President and Chief Executive Officer of Praedicat. [7] During 2014, SenseTime unveiled its face recognition algorithms, DeepID. Browse options below. Start Your Free Trial . SenseTime is a major exporter of surveillance technology in government and commercial markets across Latin America, Africa, and Asia. Based in Hong Kong, SenseTime is known as the world's most valuable AI (artificial intelligence) company. Softbank Vision is the biggest institutional investor, with 14.88% of shares. iDGate claims to be a better solution than SenseTime due to: Our iDenFace face recognition technology is self-developed with reliable reputation, we had successfully replace Sensetime in a case Malaysia market. Face recognition can be deployed on a server, on the edge of biometric devices, or on a smartphone, with or without network connections. Face++. Along with other tech titans, SenseTime is working with the Chinese government on Made in. with which readers can get a better idea. The HKAI Lab is aimed to advance the frontiers of AI and make Hong Kong one of the global hubs for AI. Its visual recognition algorithms are used in various i, Kneron focuses on the design and development of integrated software and hardware on-device edge artificial intelligence (AI) solutions for smart homes, smart surveillan, Cloudwalk (688327.SH) is a computer vision company that develops hardware and software-based facial recognition technology, which is applied in the financial, public se, Chooch AI develops computer vision training with machine learning for Visual AI. Glassdoor gives you an inside look at what it's like to work at SenseTime, including salaries, reviews, office photos, and more. Videosign provides the tools to offer a straightforward and intuitive digital customer experience to verify customers, and enable them to complete digital signings whilst coming face to face with an advisor. On top of this, Facebook is directly paying Breitbart Newss competitors, establishment media conglomerates including the Washington Post, the Wall Street Journal and the New York Times while offering no such compensation to Breitbart News. Usability testing and analytics platform for UX teams. Founded in 2014, Sense Time went from being an academic research project to becoming one of the world's most valuable artificial intelligence companies, with a valuation of $4.5 billion USD. Our model also provides interior and exterior views of the vehicle. Linklogis. A considerable amount of investment is dependent on this answer. Learn more. SenseTime's primary competitors are YITU, Megvii & Kairos. SenseTime Reviews . Still not sure about SenseFoundry SenseTimes range of products and services 14 It has published a national AI strategy and announced plans to invest tens of billions of dollars in AI research and development. Vinicy Chan, Pei Li and Julia Fioretti, Bloomberg News. Found inside Page 89For North, then, the primary experience of duration is subconsciouswe sense time involuntarily through we find in musical treatises an increasing competition between pulsating timekeeping devices and heightened attention to natural Automate Inspections with AI. Face recognition can be deployed on a server, on the edge of biometric devices, or on a smartphone, with or without network connections.
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