SHANGHAI, Oct. 18, 2021 /PRNewswire/ -- On October 16, 2021, SenseTime, a leading global artificial intelligence (AI) software company, co-hosted the 3rd International Artificial Intelligence. SenseTime . It helps auto-generate images, videos, and annotations as easily as inputting details into a form-based GUI. He obtained a masters degree from the University of Rochester in 1991 and a doctorate in computer vision from the Massachusetts Institute of Technology in 1992. iClone is the fastest real-time 3D animation software in the industry, helping you easily produce professional animations for films, previz, animation, video games, content development, education and art. MEGVII, an AI company based in China, develops Face++, a computer vision technologies platform that enables applications to read and understand the world better. Compare features, ratings, user reviews, pricing, and more from SenseFoundry competitors and alternatives in order to make an informed decision for your business. 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. . Going forward, we strive to empower more industries with our AI platform and build a stronger AI ecosystem together with industry and academia. Competitor comparison WiMi Hologram Cloud Inc Headquarters China No. Match a live human face picture or video to a photo bearing document automatically. Compare SenseTime to its competitors by revenue, employee growth and other metrics at Craft. SenseTime, a company that represents China's ambitions to pull ahead of the United States in the global artificial intelligence race, filed to go public in Hong Kong last Friday. SenseTime, founded in October, 2014 and headquartered in Shanghai, is an artificial intelligence and AI algorithm provider. He co-founded SenseTime with Xu Li, who earned his doctorate at CUHK, later that year. Competitor Summary. Tang Xiao'ou, founder of SenseTime, owns approximately 27.68% of the company through his Class A and Class B shares combined. SEHK:268 HK$56.2b. Need more information? SenseTime, the Chinese AI giant blacklisted by Trump, sees demand surge during coronavirus The Hong Kong-based start-up's 2020 sales are projected to reach US$1.3 billion, up 80 per cent from a. According to Similarweb data of monthly visits, sensetime.coms top competitor in January 2023 is megvii.com with 50.7K visits. There are also various competing solutions in the Smart Auto segment. CBI websites generally use certain cookies to enable better interactions with our sites and services. An album is a set of labeled images. Found insideAlthough Turner was criticizedbyboth insidersand outsiders, hisviews aboutthe demand fornewswas correct, and many competitors havefollowed suit. [41][42] On 13 December, SenseTime announced that it will postpone its IPO. The AI sector is becoming increasingly competitive. [12], During 2015, many of SenseTime's papers were accepted into the Conference on Computer Vision and Pattern Recognition (CVPR). With local offices in Singapore, Malaysia, Thailand, the company offers both business and consumer-oriented AI products and services. AI industry observer Yu Ming, in Chinese publication Lanjinger. 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. QYResearch2022 2029 2023-2029CAGR %2023-2029 . Investments Linklogis. While facing fierce market competition, SenseTime itself also has to face the possible impact of technical ethics and data compliance. 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. Categories in common with Sensetime: SenseTime is a leading AI software company focused on creating a better AI-empowered future through innovation. [43][44] On 30 December, SenseTime completed its IPO on the Hong Kong Stock Exchange. [40], The IPO, which had already been downsized from an expected US$2 billion to $767 million due to a PRC crackdown on tech companies, was delayed further. Plus, it operates a supercomputing center that is equipped with a range of AI technologies. To prevent the infections spread, hospitals urgently required a safe, effective way of controlling access to their wards and automatically measuring body temperatures. Face biometrics solution where identity is verified remotely. Camvi is a U.S.-based artificial intelligence company, specializing in face recognition and identification technologies. 20 Dec, 2021, 09.49 AM IST. our sites and services. Ryan manages all customer-facing activities at phData. CBI websites generally use certain cookies to enable better interactions with our sites and services. [20] In August of that same summer, SenseTime launched its first North American smart health lab in New Jersey. Face++. 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. See how SenseTime compares to its main competitors: Gebre Waddell (born November 28, 1981) is an American entrepreneur, author, audio engineer, and software developer from Memphis, Tennessee. The NeoFace Watch application is a Web-based thin client with an easy-to-use user interface. SenseTimes AI platforms can simplify complex urban management processes, automating them in the background. Explore our project gallery and browse our content. In the past three years, SenseTime has received $31 million, $38 million and $54 million in subsidies respectively. This has made us a leading global AI algorithm provider and one of the most prolific contributors of related papers in the research community. [17], In February 2018, SenseTime and MIT announced the creation of a programme to further advance AI research. That means expanding into more industry verticals and finding more enterprise-level application scenarios, both domestically and internationally. SenseTime, founded in October, 2014 and headquartered in Shanghai, is an artificial intelligence and AI algorithm provider. Maintain a smart image at all times with AI-engine powered appearance optimization tools, and set the perfect video light settings fast. SenseTime's prospectus reads like a compilation of all the buzzwords in today's technology world: Its AI algorithms are currently being used in products from enterprise software to smart city solutions to self-driving cars to consumer tech apps. The startup plans to sell 1.5 billion shares in the IPO, with the final price due to be set on Thursday. The oldest company is Indiana CTSI, founded in 2008. During the trip, SenseTime exchanged an MOU with King Abdullah Financial District and Sela, a cultural tourism event management company in Saudi Arabia, to deepen collaborations in areas including smart city and digital tourism. It supports the most obscure ancient formats up to the cutting edge. [22], On 20 September 2018, SenseTime was named as China's National Open Innovation Platform for Next-Generation Artificial Intelligence on Intelligent Vision. [45], On February 18, index compiler Hang Seng Indexes Co. added SenseTime to the Hang Seng TECH Index. [28], In October 2019, SenseTime was placed on the United States Bureau of Industry and Security's Entity List for using its technology for human rights abuses in Xinjiang. Valued at $12 billion according to the Financial Times, SenseTime wants to prove to investors that it can turn cutting-edge AI research capacity into real cash. 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." SenseTime's main competitors in ChinaCloudWalk, Megvii, Yitu, and Hikvisionare also developing smart technologies to eat into SenseTime's business. 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. Are your photos missing the mark? Usability testing and analytics platform for UX teams. The company says COVID-19 is the main reason for the growth stagnation. 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. SenseTime will continue to invest heavily in research. [2][3][4] SenseTime denies the allegations. Tunicorn Technology is an artificial intelligence company that develops computer vision, with its core technologies covering fields including image/video search, image/video recognition, face recognition, motion tracking, and machine vision. Top Competitors of SenseTime. In September 2021, Megvii received approval to list its shares on the Shanghai Star Market. Advanced Product Intelligence Suite Supplier Intelligence Platform Craft Intelligence Portal Craft API Craft for Teams Supplier Intelligence Platform The AI company did not disclose the size of the deal but is. Verify your website's traffic and engagement metrics by connecting to Google Analytics, megvii/top,,,,,,,aiotai, ,,. In early 2021, it was the recipient of many smart city projects, leading to a 240% year-on-year increase in revenue. 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. 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. SenseTime's top competitors include Lauretta.io, Extreme Vision, and Kneron. SenseTime technology can be seen in cities across China and will soon be applied in other sectors. Face++. 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. Picosmos is a software covering with all kinds of image functions, such as special effect, browsing, editing, composing, segmentation, combine and screen recording and screenshot. 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. "[26], In April 2019, The New York Times reported that SenseTime's software was used in the development of facial recognition systems used by the Chinese government directed largely at Uyghurs. In 2019 and 2020, the company's annual net loss amounts to $768 million and $1.8 billion, respectively. As one of the leading AI developers in China, SenseTime has repeatedly wooed investors. We are a global team of talented individuals with over half dedicated to research and development activities. Candace Garthwaite is a Chief Executive Officer at IRIS.TV and is based in United States. YITU Technology works in the Artificial Intelligent (AI) fields such as computer vision, speech recognition, natural language processing, intelligent decision-making and AI chips. FaceMe Security Central compares the extracted facial templates with the database in order to confirm identity. SEHK:9959 HK$9.0b. 579 Employees SenseTime is a leading global company focused on developing responsible AI technologies that advance the world's economies, society and humanity for a better tomorrow. Top 10 Alternatives & Competitors to Sensetime Browse options below. SenseTime had planned to sell 1.5 billion shares in. $90.5M. According to a Frost & Sullivan report commissioned by SenseTime, SenseTime is currently the largest AI software provider in Asia by revenue. MEGVII, an AI company based in China, develops Face++, a computer vision technologies platform that enables applications to read and understand the world better. Milton Gate - 7th Floor 60 Chiswell St, London EC1Y 4SA, Derech Yitzhak Rabin 33, Givatayim, 5348303, Israel, 800 District Avenue, 1st Floor Burlington, MA 01803, 218 Northwest 24th Street33127, 3rd Floor offices 303 and318, 16 East 34th Street, 15th Floor, New York, NY 10016, 1900 Reston Metro Plaza 5th and 6th Floor, Reston, VA 20190, 600 California St, 12th Floor, 12-039 San Francisco, CA 94108, WeWork 50 Miller St, North Sydney, NSW 2060, Rua Jaceru, 225 - Vila Gertrudes, So Paulo - SP, 04705-000, Rod. 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. Find the company . #1 MATLAB (664) 4.5 out of 5 MATLAB is a programming, modeling and simulation tool developed by MathWorks. Asiainfo Technologies. metaverse mania. [18], In April 2018, SenseTime, Alibaba, and the Hong Kong Science and Technology Parks Corporation (HKSTP) partnered together to form a nonprofit artificial intelligence lab in Hong Kong. SenseTime says that videos and 3D models like the deers let viewers access cultural relics in more immersive ways. Camvi's real-time video recognition system identifies multiple faces in live videos, even under imperfect conditions. SenseTime Write a Review. SenseTime's top 15 competitors are YITU, Megvii, Kairos, DeepGlint, Cognitec, Qianshitong, FaceFirst, Shenzhen Extreme Perspective Technology Co., Ltd., Percent, 6Estates, Moviebook, Sightcorp, Shukun, 12 Sigma Technologies Ltd. and Yizhun Intelligent. [34], On 10 December 2021, on Human Rights Day, the United States Department of the Treasury placed the company on an investment blacklist on its IPO pricing day because of its alleged human rights abuses in Xinjiang, banning U.S. investment in the company. * Conducted market intelligence to maintain competitiveness and profitability of product offering. With DxOs Optics Module database, the only one of its kind in the world, DxO ViewPoint can correct any type of distortion, including barrel, pincushion, and even fisheye effects. KrASIA is authorized to translate, adapt, and publish its contents. facial recognition/identity validation/video analytics. Apply attributes determination for gender and age, check if the person is smiling, have eyes open, lips sealed or wearing glasses. [25], SenseTime has a large high-performance computing network which supports its development and fielding of AI applications. He was previously a Cloudera Principal Systems Engineer. This article was adapted based on a research report by 36Kr Globals research team. 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. Found inside Page 67Three environmental pressures directly affected the development of Dewey and Whitehead: the districts' accountability needs; the competition for resources in a difficult fiscal environment; and the effects of public visibility. SenseTime is an AI company for innovative computer vision and deep learning technologies. You can review our privacy policy to find out more about the cookies we use. [33], On 27 August, SenseTime filed for IPO on Hong Kong exchange. Provider of AI solutions used in computer vision and visual technology. SenseTime's main competitors include Trax Technology Solutions, iMerit, GE Global Research and ReadSense. Get the latest business insights from Dun & Bradstreet. Copyright 2023 CB Information Services, Inc. All rights reserved. Build on top of this technology to support various scenarios. Dull colors, lackluster lighting, and blotchy skin don't have to stay that way. AIs rapid development is made possible by a steady pipeline of technical talent. It completed 12 rounds of financing and raised more than RMB 35 billion (USD 5.22 billion) before its IPO in Hong Kong. [16], In November 2017, SenseTime set up a 'smart policing' company with Leon, a major supplier of data analysis and surveillance technology in Xinjiang. We implemented the most-useful cases in the API, so you can just send a request and get a response. 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. SenseParrots matches industry-leading supercomputing platforms such . A company like SenseTime can only retain its competitive advantage by constantly recruiting skilled professionals. WineEngine is powered by TinEye's unparalleled image recognition technology and has been engineered and optimized to work with photographs captured by users' smart devices. Radu B. Rusu is a CEO and Co-Founder at FYUSION INC and President and CEO at Open Perception and is based in San Francisco, California. Our Data Verify Your Website Browser Extension Turn on Resources Similarweb Academy SenseTime is headquartered in Hong Kong, one of the most international metropolises in Asia. Access more premium companies when you subscribe to Explorer, Contact the team or request a demo to find out how our data can drive your business forward, Access in-depth analysis, premium industry data, predictive signals, and more on, Transportation, Infrastructure and Logistics, Artificial Intelligence: Leading Disruptive Technology Companies in the World, Benchmark the company against the market with exclusive information on key competitors, GlobalData Plc 2023 | Registered Office: John Carpenter House, John Carpenter Street, London, EC4Y 0AN, UK | Registered in England No. Show buyers how you compete. Phone Number +61 368041304. of employees XXXX Revenue XXXX Entity type Public The operational costs mostly come from R&D and administrative expenses. GUANGZHOU, China One of China's top artificial intelligence firms SenseTime has filed for an initial public offering in Hong Kong. Richard has three decades of experience in building companies in healthcare and genomics, including 13 years at Baxter Laboratories. SenseTime Group Inc., Megvii, CloudWalk Technology and Yitu Internet Technology Co. Ltd. are the early leaders of Chinas AI industry and are known as the AI quartet. We slightly favor our own code to keep the dependencies on other libs low and to maximize code sharing between parts of FFmpeg. Videosigns unique combination of online video meetings, secure digital signing, innovative ID&V, and robust compliance features help you to close more business and offer a better customer experience while saving time and money. Dec. 13, 2021. Face++ allows users to easily add deep learning-based image analysis recognition technologies into applications, with simple APIs and SDKs. 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. If you continue browsing. (From 2018 to 2019, its annual revenue grew 63%.) Weimob. [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. Shanghais Changning District began to use AI for road management in 2020. In Oct 2019, the U.S. Commerce Department added SenseTime to a trade blacklist over national security concerns and foreign policy interests, blocking the company from purchasing components and technologies from U.S. companies. SenseTime Group Inc. Together they have raised over 2.6B between their estimated 4.0K employees. 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. SenseTime group, a controversial AI-based facial recognition software developing company valued at US$16 billion, goes public. Spend time together when youre miles apart. Work for SenseTime? Who is SenseTime Japan. [31] On 19 July, SenseTime launched its international AI innovation hub in Singapore. AllGoVision. The sensors sent alerts to administrators, allowing them to become aware of and solve problems more efficiently. From classmates to co-founders, Chinese AI champion Megvii started on campus. Founded in: 2014, Beijing. [24], SenseTime joined MIT's Quest for Intelligence campaign. The oldest company is Indiana CTSI, founded in 2008. SenseTime's Org Chart. Copyright 2023 CB Information Services, Inc. All rights reserved. No need to think about storage and algorithms. Allows for auto-tagging of images and provides conceptual context information of your media. In an April 2018 interview with Quartz, SenseTime CEO Xu Li estimated that 30% of its clients are "government-related," a figure that some experts believe is higher.The company's marketing materials, which boast of a "face recognition surveillance platform" capable of tracing the routes of up to 200,000 "targets," are clearly intended for a government and law enforcement audience. These hubs are now commonly found in cities across China. Remote biometric registration. 2.78. A data leakage scandal occurred in 2019 and destroyed the company's reputation. SenseTime's first attempt at listing was shelved last Monday after the company was placed on a US investment blacklist. Glassdoor. 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. He was also founder and co-director of the RAND Center for Terrorism Risk Management Policy, a policy research center at RAND which published research on terrorism insurance that was influential in congressional debates over the Terrorism Risk Insurance Act. Discover information and data insights on SenseTime Group Ltd's key competitors and market peers. Other major investors include Alibaba (7.59%), Primavera Capital (3.08%), Silver Lake Group (3.05%), IDG (1.42%), the state-owned China Structural Reform Fund (1.39%) and the state-owned Shanghai International Group Shareholders (1.33%). SenseTime frequently hires postgraduates from top Chinese universities and attracts experienced employees from other tech enterprises, including Microsoft, Google, Lenovo, and Baidu. We have code examples for most of them, so you can just copy the code and paste it into your project. Another important task for SenseTime is figuring out more ways to convert its research progress into real-world applications. The deep learning and computer vision technologies we have developed are already powering industries spanning across education, healthcare, smart city, automotive, communications and entertainment. Prof. 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. Based in Hong Kong, SenseTime is known as the world's most valuable AI (artificial intelligence) company. site you are consenting to these choices. And of course, don't forget the metaverse. Along with the fierce competition, public concerns about data security also shadow the way ahead. Read More. Extreme Vision claims to be a better solution than SenseTime due to: we have about 210k developers to develop algorithm. Founded by the MIT-trained engineering professor Tang Xiao'ou in 2014, SenseTime is often regarded as the most valuable of China's "four AI dragons." As a service provider, SenseTime is no stranger to global criticism that it empowers state surveillance. The change detection task in this competition can be decomposed into two sub-tasks: binary segmentation of changed and unchanged areas. [49], In February 2023, SenseTime was invited to join the HKSAR delegation's visit to Saudi Arabia. SenseTime 's alternatives and competitors See how SenseTime compares to similar products. It helps auto-generate images, videos, and annotations as easily as inputting details into a form-based GUI. Obviously, after the explicit comparison Detect one or more human faces along with attributes. semantic segmentation of changed areas. [6], 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. You can read more about your. SenseTime swiftly got rid of the company. SenseTime and its competitors bring facial recognition to a next fundamental level. Who works at SenseTime? 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 other five competitors in the top 10 list are infoq.cn (980.0K visits in January 2023), lanhuapp.com (3.4M visits in January 2023), cloud.tencent.com (15.5M visits in January 2023), leetcode.cn (4.6M visits in January 2023), and jianshu.com (20.8M visits in January 2023). 1y Target Est. In addition, mergers . 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. By using a phone to scan the deers image on a decorative block, users could view a digital replica of the original mural. MEGVII, an AI company based in China, develops Face++, a computer vision technologies platform that enables applications to read and understand the world better. CBI websites generally use certain cookies to enable better interactions with. Camvi's real-time video recognition system identifies multiple faces in live videos, even under imperfect conditions. Camvi is a U.S.-based artificial intelligence company, specializing in face recognition and identification technologies. Chooch performs rapid facial recognition and object recognition in images and videos by. Three other co-founders and current executives Xu Li, Wang Xiaogang and Xu Bing respectively own about. LI Lauretta.io Analyst Briefing Submitted Lauretta.io is an AI-powered human resource management system. 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. Lauretta.io is an AI-powered human resource management system. 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. Last year, Yitu withdrew its IPO application in Shanghai, and may be considering going public in Hong Kong.