NexOptic’s key innovations in image and video data ... A RAPIDLY EVOLVING LANDSCAPE
Semiconductor technology has recently broken through the longstanding computational barriers holding back AI Computer Vision, creating lucrative opportunities for market players. New products and innovations are the key strategy to capturing market share in this rapidly evolving market.
The AI Computer Vision Market is valued at USD 16B in 2021 reaching USD 51B by 2026 (26.3% CAGR) driven by non-traditional and emerging applications. Software solutions account for over 60% of total market share.
NexOptic is at the forefront of this frontier, providing a competitive patented and patent-pending suite of software solutions that address key challenges in the AI Computer Vision field.
Owing to NexOptic’s efficient AI algorithms, NexOptic addresses rising security concerns related to cloud-based image processing by processing on the edge in real time.
NexOptic’s key innovations in image and video data compression are able to solve the ballooning bandwidth and storage costs associated with the proliferation of imaging technology across industries such as consumer, security & surveillance, healthcare, automotive, manufacturing and retail.
SOURCE:
A Better View
AI Solutions for unprecedented energy savings, data compression, image enhancement and more. For today and for the metaverse.
NXO Corporate Presentation, Page 06
2021-12-2021