HOD HASHARON, Israel--(BUSINESS WIRE)--PointGrab today announced that it has been selected as a partner in the new Tyco Innovation Tel Aviv Program. Tyco Innovation Tel Aviv offers the opportunity to collaborate with a $10B global leader in Fire & Security solutions, serving diverse verticals in over 200 countries.
Tyco, tapping into the tenacious innovation in the Tel Aviv technology community, created the new program to foster collaboration and help early stage and more mature companies expedite cutting-edge technologies to the market. PointGrab’s edge-analytics IoT sensor, with its unique occupants tracking capability, is expected to be a key enabler of smarter and more connected buildings. As a program partner, Tyco will provide PointGrab with exposure and access to its customers and top clients, experienced professional counsel, and a gateway to the global marketplace through Tyco’s multi-national channels.
CogniPoint Deep Learning-Based Sensor Technology
By embedding deep learning technology into optical sensing devices, PointGrab’s CogniPoint™ sensor provides indoor occupant analytics and energy savings in commercial buildings, enabling unprecedented precision in the detection of occupants’ locations, count, and movements, as well as precise readings of ambient lighting and motion sensing. The sensor is a miniature network-connected sensing device, running state-of–the-art deep learning algorithms on a low-cost embedded ARM-based processor.
“We are excited to participate in this forward-looking program and to collaborate with Tyco Innovation” said Itamar Roth, Chief Business Officer, PointGrab. “As a Tyco Innovation partner, we expect to gain significant industry and customer insights in addition to introducing our solution to a broader global community.”
About PointGrab, Inc.
PointGrab is a leading machine learning and computer vision company that has applied its superior technology to win over 27,000,000 installations on devices from consumer electronics giants Samsung, Lenovo, Fujitsu, Acer and others. The company is supported by world leading engineering company ABB and sector expert EcoMachines Ventures of London, and applies a joint development and market approach with global leading lighting and engineering companies. www.pointgrab.com