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NexOptic CEO Paul McKenzie Discusses Sustainable AI Computer Vision Technology
Jerome Knyszewski by Jerome Knyszewski February 20, 2023
NexOptic CEO Paul McKenzie Discusses Sustainable AI Computer Vision Technology
Paul McKenzie
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Paul McKenzie
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Introducing Paul McKenzie– a seasoned professional with an impressive track record of successfully leading multiple publicly traded companies in the software solutions space.
With a diverse background spanning Founder, Co-founder, CEO, CFO and Director roles, Paul brings a wealth of experience in underground mapping, carbon markets, artificial intelligence, data compression for imaging, strategic minerals, clean energy and battery metal assets.
He has raised a staggering $120 million in working capital for his corporations, and has overseen subsidiaries and projects across North America and Asia.
Notably, Paul co-founded NexOptic Technology Corp. in 2015 with the late G. Arnold Armstrong, and in 2019, was reinstated as the company’s CEO.
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We are thrilled to have you join us today, welcome to ValiantCEO Magazine’s exclusive interview! Let’s start off with a little introduction. Tell our readers a bit about yourself and your company.
Paul McKenzie: I’m co-founder & CEO of NexOptic, a company headquartered in Canada with operations in South Korea. We’ve developed a suite of AI Computer Vision Software Products led by NexCompress™. We deliver clearer digital video through noise minimization and save 30+ percent on energy streaming costs.
We are an ESG (Environmental, Social, and Governance) company that reduces the carbon footprint of, while providing cost savings to, our customers.
I was born in Vancouver, Canada, but spent a lot of time growing up in Mexico, as well as attending schools in both Mexico and Canada. I’ve also lived in several European countries, so you could say I’m well-traveled.
If you were in an elevator with Warren Buffet, how would you describe your company, your services or products? What makes your company different from others? What is your company’s biggest strength?
Paul McKenzie: NexOptic wants to make cloud computing a more sustainable practice. Images and videos take up a large portion of cloud storage, not to mention all the storage needed for data to continuously train AI. Our Aliis and NexCompress technologies take the ‘noise’ out of images and videos before they even hit storage.
Lots of companies provide software solutions for compression, but honestly, we’re doing something unique – stripping image noise prior to compressing data at the source, in real-time. That’s our biggest strength. NexOptic is removing the ‘excess’ before it even reaches compression software.
We’re not a commoditized compression technology, but rather, we strip out image noise, which otherwise cannot be compressed. That makes NexCompress™ an effective add-on to existing CODECs.
Our closest competitors would be CODECs (which are devices or programs that encode or decode data streams), but NexCompress is really an additional tool, not a direct competitor.