Thanks to tremendous progress over the past twenty years in terms of computational capacity, data accumulation, improvements in mathematical tools, all at reduced cost, we actually can see the birth of Artificial Intelligence (AI).
In order to make a machine capable of understanding the world around it, technology has been inspired by biology. 80% of the information enabling humans to locate their place in, and interact with, their universe passes through their eyes. Much of the research in AI has therefore focused on the ability to analyze images from vision systems. The other main inspiration from biology is the mathematical structure that allows the machine to analyze these images: artificial neural networks, a miniature structural copy of the human brain.
Deep learning has been very successful in many segments over the past ten years. Image-based technologies include facial recognition, iris and gesture monitoring, object and free space detection, and more recently, behavioural recognition. In terms of the market, the most spectacular progress can be noted in the car, as these technologies are used in ADAS for the detection of obstacles and the recognition of signs, traffic lights, cars, pedestrians and assorted others […]
Well indeed, the major players in each of these areas are well known. There are Google, Amazon, Facebook, Apple. And the investment of these companies in the AI field has been consistent over the last ten years. At Yole, we still expect a 50% CAGR until 2025, with revenues mainly focused on technologies using deep learning. Yole is expecting that almost 50% of the US$ 50 billion expected in 2025 will come from technologies using its algorithms . […]
As its momentum continues, AI for vision systems promises a bright tomorrow, both at the hardware level with the arrival on the market of dedicated processors, and at the software level with increasingly powerful algorithms to achieve very great precision in the recognition of objects, faces and gestures. The markets to follow are firstly, the automotive market with all the ADAS technologies providing a direct route to autonomy; secondly, the mobile with security systems for the authentication of the individual (unlocking, payment); and then biometrics and its applications in the industrial sectors, surveillance, security, and, to a lesser extent, the smart building and smart home segments. Investments, acquisitions and partnerships are numerous, and they promise to be substantial in the coming years, enough to expect rapid growth and income.
INPHO® Venture Summit, the event for executives active in smart technologies and deep tech innovations will held its 6th edition on 11th & 12th October 2018, in Bordeaux. The event will be chaired by Georges Ugras, Managing Director IBM Venture Capital Group.
In its five previous editions, INPHO® has attracted more than 500 European participants, 50 international keynote speakers and over 80 VCs and corporate funds. More than 60 start-ups have been selected to pitch raising more than 100 M€ (113M$).
INPHO® Venture Summit will be the place to be in 2018 to learn and share with investors, leading companies and start-up shaping the future.