SparkCognition said the technology leverages new and diverse data sets, including CCTV feeds, drone footage, video from handheld devices, and existing camera infrastructures. The solution can be deployed in hours or days, and helps address problems including safety, security, visual inspection, productivity, and situational awareness.
“With advanced visual AI that can recognize complex scenes and activities we further amplify the value we deliver to our customers while leveraging existing infrastructure investments,” Amir Husain, Founder and CEO of SparkCognition said in a statement. “Integration Wizards has delivered visual AI at scale for innovators and Fortune 500 customers alike, saving lives, safeguarding assets, and driving demonstrable productivity gains.”
Integration Wizards’ visual AI technology has provided solutions to global organizations including Hindustan Petroleum Corporation Limited, Reliance Industries Limited, Heineken, Xerox, Novo Nordisk, and Johnson Controls. Their key applications include 24/7 monitoring, enhancing safety and security initiatives, improved process automation in factories and facilities, support for autonomous vehicle operations, and environmental and situational awareness.
“The team is excited to capitalize on SparkCognition’s incredible depth of talent, considerable IP portfolio, and deep subject matter expertise, providing our customers with even greater value and a broader AI based portfolio,” Kunal Kislay, CEO and Co-Founder of Integration Wizards said.
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SparkCognition acquired three AI businesses last year, expanding into markets including renewables, financial services, and logistics. It also closed its $123 million Series D fundraising round and hit a unicorn valuation of over $1.4 billion at the beginning of 2022.