IOTech, an edge software company, has announced a partnership with Lotus Labs, machine learning experts, to deliver AI and visual inference solutions at the IoT edge. The partnership enables IOTech to integrate Lotus Labs' computer vision technology into its edge software solutions.
"This combination provides a functionality that is especially useful for companies building intelligent solutions across vertical use cases," said a spokesperson. "These include manufacturing component fault detection, COVID safe-distancing management, smart safety systems within industrial plants and more."
The integrated solution will enable the data from conventional sensors and OT endpoints to be combined with the results from the latest AI and video inference technologies to provide a more accurate real-time operational picture and make smarter decisions from the fusion of data.
"An IoT edge system's ability to obtain immediate local insights from vision-based analytics will revolutionize how businesses create new value through their operations," said Keith Steele, IOTech's CEO. "Our partnership with Lotus Labs creates new opportunities to provide our customers with advanced AI and visual inference solutions."
Lotus Labs, based in Arizona, provides visual inference through Padmé, its AI platform. Padmé will be integrated with IOTech's Edge Xpert to offer a comprehensive solution for computer vision at the edge. The solution will support a range of use cases, including predictive maintenance, product quality checking and theft detection. All of these increase in accuracy through AI and video inference.
"Growth and advancements in AI, machine learning, computer vision and edge computing are coalescing to disrupt traditional business models," said Anjali Nennelli, founder and CEO, Lotus Labs. "Our partnership with IOTech is another step forward in this journey to combine advanced technologies at the IoT edge to deliver new value for the enterprise."
IOTech's Edge Xpert edge computing platform is supported by a pluggable open architecture for computer vision that allows users to run their AI algorithms and vision models at the edge. Edge Xpert allows users to easily control camera devices, collect video streams and automatically apply AI and vision inference right at the edge. The platform supports deploying models that can include object detection, classification and recognition; it passes the inference results to other services for real-time decision making.
For more information contact:
IOTech Systems
300 Delaware Ave., Ste. 210
Wilmington, DE 19801
www.iotechsys.com
Lotus Labs
1490 S Price Road, Ste. 210A
Chandler, AZ 85249
www.lotuslabs.ai