solutions by stc, the specialized business arm of Kuwait Telecommunications Company – stc announced its new partnership with Datumcon, a Gulf-based artificial intelligence (AI) and data science company, to bring the benefits of AI-enabled video analytics to businesses in Kuwait.
The two companies are joining forces to offer INSIGHT AI™, Datumcon’s proprietary computer vision software, to enterprise and SME customers in Kuwait. The intelligent AI-enabled video analytics solution securely processes video streams and images in real-time to perform intricate, outcome-driven computer vision tasks.
A subfield of artificial intelligence, computer vision is among the most exciting and impactful areas of applied AI. It enables systems and computers to ‘understand’ a scene and derive meaningful information from digital images, videos, and other visual inputs. Leveraging machine learning and AI, computer vision is then able to take actions or make recommendations based on that information.
Meshari Al Hamad, General Manager of Sales & Account Management at solutions by stc, said, “The remarkable growth in camera use by businesses has created tremendous opportunities in the capture, analysis, and interpretation of the large volumes of visual data being generated daily. Our close collaboration with Datumcon now enables us to offer a state-of-the-art video analytics service that delivers tangible results and real, demonstrable impact for businesses.”
Industry reports estimate that close to a billion surveillance cameras will be installed worldwide by 2021 and expect exponential growth in deployments for the foreseeable future. The sheer amount of video footage generated by these cameras is mind-boggling and raises the question of how it all can be analyzed.
The applications of video analytics are extensive and diverse, but the reality is that the vast majority of visual data available in any organization goes unused. This is where AI-powered analytics and software come in, offering compelling and cost-effective solutions.
Similar to the Internet of Things (IoT), the ‘Internet of Eyes’ is a network of cameras and visual sensors connected via the internet that enable the secure exchange and collection of visual data on a scale unimaginable before. Many experts believe this will likely be larger – in both scale and impact – than the IoT. As costs decline and significant advances in image quality and AI are achieved, the concept is poised to become truly mainstream with significant implications on all business sectors.
Al Hamad added, “Computer vision applications are poised to make a major impact on businesses across industries. solutions by stc is proud to be the first and only ICT provider to launch this kind of service in the Kuwaiti market, further expanding our growing portfolio of offerings to help businesses thrive in the digital era.”
The newly formed collaboration aims to accelerate the ‘Internet of Eyes’ adoption in Kuwait by broadening the appeal of the fast-growing advanced technology. It also builds on solution by stc’s strategy to provide its customers with the latest and most secure innovations to support their digital transformation.
INSIGHT AI™ combines different types of deep learning architectures that allow computer vision tools to detect patterns in videos and images more effectively over time. This use of AI makes it possible for machines to categorize, process, and understand visual data at an unprecedented scale and speed, transforming the physical world into actionable data. The service provides visibility and insights into the condition of a business and helps improve profitability, while providing a competitive edge in effectively adapting to today’s fast-changing market dynamics.
Radwan AlJumaah, Managing Partner at Datumcon, said, “We are excited to work closely with solutions by stc to generate new value and drive substantial outcomes for enterprises of all sizes across multiple sectors in Kuwait. INSIGHT AI™ is a powerful platform that enables businesses and solutions providers to create and deliver highly customizable video analytics that are able to address unique needs across a wide spectrum of business environments.
Powered by AI, the advanced video analytics solution offers clear advantages to organizations that extend well beyond substantially improving levels of security. It also empowers enterprises by making it possible to make smarter business decisions, amplify productivity, reduce errors, elevate the customer experience, and significantly improve operational and marketing efficiency.
AlJumaah added, “Video translated into data is now considered a broad business management technology that positively impacts informed decision-making across a wide range of domains. The use cases are endless: from traffic monitoring and crowd management to occupational safety and health, and from resource allocation and Covid compliance to asset inspection and damage detection.”
solutions by stc and Datumcon are currently conducting a joint proof of concept (PoC) with a leading player in Kuwait, with a plan to begin implementation later this year. The companies are in talks with various organizations across multiple sectors to roll-out a number of pilot projects that demonstrate the solution’s capabilities, with particular focus on the logistics and supply chain industries in the initial stages.
To find out more about solutions by stc, visit www.stc.com.kw/business, send an email to business@solutions.com.kw with your inquiry, or contact solutions by stc at 155.
Source: stc Press Release