In May, SenseTime developed a digital makeshift hospital system, which was implemented at a temporary medical facility in Lingang, located in southeast Shanghai. 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. You can read more about your. [9], In 2016, 16 of SenseTime's papers were accepted in the CVPR Conference, and during the year's ImageNet competition, the company won first place in the object detection, video object detection, and scene analysis. [27][2] In November 2019, SenseTime led a committee tasked with developing a standard for facial recognition in China. Another important task for SenseTime is figuring out more ways to convert its research progress into real-world applications. Retouching of skin, liquid, face shapes (mouth, teeth, nose, chin, etc.). The change detection task in this competition can be decomposed into two sub-tasks: binary segmentation of changed and unchanged areas. Aug. SenseTime launched an AI-based smart health lab in New Jersey, United States. SenseTime is an algorithm provider for several industries pertaining to artificial intelligence, including smart cities, smartphones, mobile Internet, online entertainment, automobiles, finance, retail, education, and real estate. Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. SeetaTech is a computer vision company that provides face recognition, UAV vision, video structural analysis, and other deep learning technologies. Three other co-founders and current executives Xu Li, Wang Xiaogang and Xu Bing respectively own about 2.68%, 1.68% and 1.12% of the company through their Class A and Class B shares. Even as the United States maintains its lead in semiconductors, cutting-edge In May 2019, SenseTime published the AI textbook in traditional Chinese as well, for students in Taiwan, Hong Kong and Macau. V-OS App Protection solution can detect and protect the mobile app from threats, such as reverse-engineering, hooking, tampering, app integrity checks, library signature validation, code-injection, debugging and more. It pulled out of a joint venture in Xinjiang in 2019 for this very reason. Blacklist Report", "SenseTime rejects US blacklisting claims that threaten to scuttle IPO", "China's communist authorities are tightening their grip on the private sector", "Face Recognition Tech Beats Facebook DeepFace", "Engineering team won in the ImageNet Large Scale Visual Recognition Challenge", "SenseTime and Qualcomm to Collaborate to Drive On-Device Artificial Intelligence", "Honda is working with Chinese AI unicorn SenseTime on self-driving tech", "China's SenseTime sells out of Xinjiang security joint venture", "MIT Cuts Ties With a Chinese AI Firm Amid Human Rights Concerns", "Alibaba's newest initiative aims to make Hong Kong a global AI hub", "SenseTime Debuts in Singapore by Signing Memoranda of Understanding with Local Giants NTU, NSCC and Singtel", "SenseTime Establishes Smart Medical R&D Lab in New Jersey", "CUHK Participates in the Initiation of "Global AI Academic Alliance", "Beijing recruits Hong Kong artificial intelligence start-up SenseTime to lead tech drive", "Hong Kong's SenseTime Considers $1 Billion Capital Raise", "MIT and SenseTime Announce Effort to Advance Artificial Intelligence Research", "One Month, 500,000 Face Scans: How China Is Using A.I. The Hatchworks analysts have done due diligence about the upcoming SenseTime IPO.. SenseTime has raised $2.67B so far and aiming for more. Detect and compare human faces. By Arnab Ray Listen to this story Chinese artificial intelligence startup SenseTime's initial Hong Kong public offering plans to offer 1.5 billion shares to raise a total of US $741 million. Richard has three decades of experience in building companies in healthcare and genomics, including 13 years at Baxter Laboratories. [48], On October 31, flagshp Chinese publication of SPH Media Trust, Lianhe Zaobao, inked a memorandum of understanding (MOU) with SenseTime to digitalise the newspaper's work processes for visual content. SenseTime group, a controversial AI-based facial recognition software developing company valued at US$16 billion, goes public. our sites and services. He was previously a Cloudera Principal Systems Engineer. SenseTime's top competitors include Lauretta.io, Extreme Vision, and Kneron. . Aihuayingtong is a developer of image recognition solutions for B-side customers, such as face recognition, document content search, and OCR for the mobile application market. DxO ViewPoint automatically fixes skewed perspectives and restores subjects on the edges of the frame to their natural shape with just one click. SeetaTech is a computer vision company that provides face recognition, UAV vision, video structural analysis, and other deep learning technologies. [4][37][38][39] The company hired law firm Hughes Hubbard & Reed, which argued that the investment ban did not apply to the company's parent domiciled in the Cayman Islands. Mar 2018 - Present5 years 1 month. [23], The Wall Street Journal reported that SenseTiime was valued at $7.7 billion at the end of 2018. 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. It also provides a web-based console to manage the Microsoft SQL based face database, configure IP cameras, and inform relevant personnel about registered visitors, VIPs, block-listed people, or employees entering each monitored area. SenseTime relaunches Hong Kong IPO to raise $767 million. After raising a whopping USD 410 million fund in July 2017, SenseTime further obtained a sum of USD 1.22 billion in 2018. The company's latest financing round garnered $620 million in May last year, propelling its total inflow to $1.6 billion. The operational costs mostly come from R&D and administrative expenses. Computer vision based solutions - the tech that we will see a lot in 2018 both in the end-consumer market and b2b areas. Since SenseTime sprung out of the Chinese University of Hong Kong's multimedia lab in 2014, the startup's valuation has increased to $4.5 billion. 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. It employs 251-500 people and has $50M-$100M of revenue. If we take a look at the valuation of the company, then it currently stands at $5B.Analysts have reviewed their revenue in 2017, which was 2017, which was SenseTime Megvii Cloudwalk Aurora Insigma Group . An advanced and easy-to-use 2D/3D home design tool. MEGVII, an AI company based in China, develops Face++, a computer vision technologies platform that enables applications to read and understand the world better. Panoweaver 10 adopts Easypano's latest intelligent stitching algorithm. SenseTime has decided to go public at an interesting time when so many things, both in and out of the company's control, could go wrong. (SPACs), Transportation, Infrastructure & Logistics. 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. Match a live human face picture or video to a photo bearing document automatically. From 2002 to 2008, he was the Director of the RAND Institute for Civil Justice, a research center dedicated to improving public policy related to liability, compensation and insurance. 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. In September 2021, Megvii received approval to list its shares on the Shanghai Star Market. Here is a summary of how the competitors of SenseTime compare to one another: LotusFlare has the most employees (375). 1y Target Est. SEHK:9959 HK$9.0b. Face recognition can be deployed on a server, on the edge of biometric devices, or on a smartphone, with or without network connections. [29][3], In August 2020, Bloomberg News reported that SenseTime was considering an IPO in Hong Kong. [22], On 20 September 2018, SenseTime was named as China's National Open Innovation Platform for Next-Generation Artificial Intelligence on Intelligent Vision. Build on top of this technology to support various scenarios. SenseTime, a leading global artificial intelligence (AI) company, today launched the SenseTime International AI Innovation Hub ("Hub") in Singapore to serve as a locus for This model is trained to detect nudity and NSFW content in images, both real and drawn. It can send real-time alerts to security personnel or other people in the organization. Their main target for these products is Gen Z, who appreciate the application of augmented reality and AI. Currently, Junaid is the CEO and co-founder of Rooam, a mobile payment platform that lets guests open, view, and pay their bar tab or restaurant bill directly from their phone. with which readers can get a better idea. * Conducted market intelligence to maintain competitiveness and profitability of product offering. Visitors can enter the hospital by scanning their ID cards and health QR codes, while the system will check their latest nucleic acid test results. [14] The following month, the Shanghai Municipal Government signed a strategic alliance agreement with SenseTime. Cytora. Based on reviewer data you can see how Sensetime stacks up to the competition and find the best product for your business. Competitors. The company was forced to delay . The deep learning and computer vision technologies we have developed are already powering industries spanning across education, healthcare, smart city, automotive, communications and entertainment. Stay one step ahead with smart technologies that help keep you connected, capture customer and guest insights, improve decision-making, and adapt to a changing economic landscape. Along with the fierce competition, public concerns about data security also shadow the way ahead. According to a Frost & Sullivan report commissioned by SenseTime, SenseTime is currently the largest AI software provider in Asia by revenue. From start-ups to market leaders, uncover what they do andhow they do it. Find company research, competitor information, contact details & financial data for SENSETIME GROUP INC. of GEORGE TOWN, GRAND CAYMAN. To prevent the infections spread, hospitals urgently required a safe, effective way of controlling access to their wards and automatically measuring body temperatures. "[28], SenseTime is, as of 27 November 2019, leading a committee tasked with developing a standard for facial recognition in China. you accept our use of cookies. UBTECH not only focuses on the technology research, development and application of AI a, YITU Technology works in the Artificial Intelligent (AI) fields such as computer vision, speech recognition, natural language processing, intelligent decision-making an. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. Found inside Page 107As of 2019, research results from companies such as Tencent, SenseTime, and Sogou have topped the competition. 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. [41][42] On 13 December, SenseTime announced that it will postpone its IPO. Prof. UBTECH Robotics is a software house, systems integrator and technology provider. Extreme Vision claims to be a better solution than SenseTime due to: we have about 210k developers to develop algorithm. Detect multiple faces in a photo simultaneously. You can review our privacy policy to find out more about the cookies we use. Discover information and data insights on SenseTime Group Ltd's key competitors and market peers. [38][39], In September 2021, Axios reported that SenseTime uses a subsidiary, Shanghai SenseTime, to sidestep U.S. sanctions targeting subsidiary Beijing SenseTime. foreign competitors or lead U.S. companies to move their operations abroad.11 For these reasons, leveraging U.S. advantages in semiconductors through export controls requires policymakers to calibrate policies and balance the risks and rewards of chokepoints. #1. 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. Copyright 2023 CB Information Services, Inc. All rights reserved. SenseTime is a major exporter of surveillance technology in government and commercial markets across Latin America, Africa, and Asia. facial recognition/identity validation/video analytics. It plans to expand its businesses in countries such as Japan, Malaysia, the United Arab Emirates, Thailand, and Singapore. Advanced Product Intelligence Suite Supplier Intelligence Platform Craft Intelligence Portal Craft API Craft for Teams Supplier Intelligence Platform The company says COVID-19 is the main reason for the growth stagnation. In March 2020, SenseTime signed an agreement with the East Nippon Expressway Company Limited (NEXCO), a highway operator in Japan, to introduce intelligent video analysis technology in NEXCOs projects. Founded in: 2014, Beijing. Work for SenseTime? Product Designer | MDes@IIT ID | ex. Tell the album to build a model itself using the labeled images. In the consumption market highlighting mobile phone applications, ArcSoft is one of SenseTime's competitors. Face biometrics solution where identity is verified remotely. SenseTime is a leading global company focused on developing AI technologies that advance the world's economies, society and humanity for a better tomorrow. SenseTime 100 percent owns Shenzhen Sensetime Technology Co. Ltd., which has developed facial recognition programs that can determine a target's ethnicity, with a particular focus on identifying ethnic Uyghurs. Crunchbase is the leading destination for company insights from early-stage startups to the Fortune 1000. 1. Together they have raised over 2.6B between their estimated 4.0K employees. SenseTime processes video captured by China's nearly 170 million CCTV cameras across the country to help police officers identify suspects and root out potential criminals by matching faces identified in video with corresponding faces on government-issued IDs [5]. To accelerate AI's development for so many different uses, the company says it has built a "centralized mass production" infrastructure that makes it possible to "develop AI models in hours rather than in weeks.". We have presences in markets including Hong Kong, Mainland China, Japan, Singapore, South Korea, Indonesia, Saudi Arabia, the United Arab Emirates, Taiwan and Macau. According to a Frost & Sullivan report commissioned by SenseTime, SenseTime is currently the largest AI software provider in Asia by revenue. WISE AI is an established ASEAN-based Artificial Intelligence (AI) platform company specialized in facial recognition (FR) technology. DeepThink is an AI technology services provider. We are a global team of talented individuals with over half dedicated to research and development activities. 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. Contact. It primarily sells its computer vision software to companies and governments to help them improve efficiency and offer services that weren't possible without AI. 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. Dec. 13, 2021. "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."