Umbo CV - Experts & Thought Leaders
Latest Umbo CV news & announcements
Umbo Computer Vision, an artificial intelligence company that specialises in autonomous video security, announced that it raised an $8 million post-A round, bringing funding to a total of $17.6 million to date. This round was co-led by Translink Capital and Susquehanna International Group. Shin-Kong Capital and Shin-Kong Security, Asia’s security alarm companies, also joined as strategic investors, with continued participation by earlier investors. Cloud-based security management platform Umbo will use the investment to help accelerate its global sales expansion and improve its portfolio of AI-powered security products - Light, TruePlatform and Umbo AiCameras. Umbo Light is a fast learning AI that recognises human behaviours critical to security such as intrusion, tailgating, occupancy and wall scaling. Umbo’s products are changing the way people around the world think about video security" Customers often use Light together with Umbo TruePlatform, the company’s cloud-based security management platform, to further enhance their security capabilities. They can also choose to use Umbo’s AiCameras to process Light AI. on the edge or apply it to their existing IP cameras through TruePlatform’s integrations. Computer vision technology “Umbo’s products are changing the way people around the world think about video security. Businesses small and large come to us seeking a solution they can trust to keep them safe and secure from suspicious behaviours,” says Shawn Guan, CEO at Umbo. “Our vision is to bring our computer vision technology to new customers worldwide and provide simple, yet powerful protection that anyone can use." Jackie Yang, Co-Founder and Managing Partner of Translink Capital, says, “We are excited to work with a company that is paving the way for AI. and surveillance technology. Combining AiCameras, TruePlatform and Light AI., Umbo is providing a working solution that the surveillance industry has been looking for over a decade.” Umbo’s products have been recognised by some of the largest global system integration partners in the security industry. System integrators love that Umbo AiCameras can be set up seamlessly and with little configuration. Integrated Solutions Engineer George Caballero of Johnson Controls says about Umbo AiCameras: “In all of my 23 years in the industry, Umbo was the easiest install I have ever done.” Improvements to CCTV detection/reliability Umbo recently opened a London office to tap the growing United Kingdom market, earning recognition from the country’s leading alarm monitoring centres. “Since 2017, Umbo and Southern Monitoring have collaborated to deliver substantial improvements to CCTV detection/reliability and to reduce operational costs,” says Christopher Jones, Director of Operations at Southern Monitoring. The company gained over two hundred enterprise and small business customers “Extensive tests with Umbo Light in real world conditions found a drastic reduction in the number of false positives that our operators have to review and handle -- with well over 95 percent suppression of false positives over our current configuration.” Pushing the limits of video security This past year, Umbo has continued to thrive. The company gained over two hundred enterprise and small business customers. Light AI. also received the prestigious Innovation Award at ESX 2019, adding to other honours previously won at the security industry’s biggest conferences including the NPS award at ISC West and the New Product of the Year award at GSX. Since beginning service, Light has processed over 21 billion images and users have logged into the service over 6 million times. With these new resources, Umbo intends to keep on pushing the limits of video security by building towards a safer future.
The winning products and services of the 2019 Innovation Awards were revealed at ESX 2019 on June 4 in Indianapolis. Each year, the ESX Innovation Awards programme recognises outstanding products and services that drive the electronic security and life safety industry forward. This year’s winners continue that legacy with novel innovations and improvements. To determine the best of the best, judges selected winners from a pool of applications from manufacturers and service providers serving the industry with innovative end-user offerings and tools that help dealers, integrators and monitoring professionals become more efficient and profitable. Category winners were as follows: Access control pdqSMART+, Grade 1 Cylindrical Lock by PDQ Industries Enterprise Access Control by Alarm.com OmniAssure Touch by Honeywell Commercial automation / control systems / networking TruProtect™ Integrated Security Solution by Interlogix Dealer services QuoteAnywhere G2.0 – Mobile Sales Quote & Sign Platform by WeSuite CSR Readiness PRO by CSR Privacy Solutions, Inc. Digital health / well-being systems Essence 3D Sense Fall Detector by Essence Smart Care Fire / life safety DynamixSmoke by Advanced Honeywell Home SiXCOMBO Two-Way Wireless Smoke/Heat and Carbon Monoxide Detector by Resideo Installation / service tools fireNspec by PnewSoft, LLC. System Surveyor by System Surveyor Intrusion systems BX Shield Outdoor Boundary PIR Series by Optex, Inc. IQ Panel 2 Plus by Qolsys 1122 Wireless (PIR) Motion Detector by DMP - Digital Monitoring Products BAT-Connect Communicator by Alula Mobile apps for consumers Honeywell Total Connect VISTA Partitions by Resideo Video Verification App by DICE Corporation Smart Signal by Alarm.com Monitoring station CHeKT Visual Verification Bridge by CHeKT Specialty products & services WattBox 150 IP Power Outlets with OvrC (1 controlled bank, 2 outlets) by SnapAV Video surveillance SecureCom Video NVR™ by DMP - Digital Monitoring Products Thermal-Optical DeepinView Turret Camera DS-2TD1217-3/V1 by Hikvision USA Umbo AICamera by Umbo Computer Vision DuraVisionDX0211 by EIZO Inc. Umbo Light by Umbo Computer Vision Next-gen products Judges from across the country were invited to provide their expert opinions The winners selected are recognised as next-gen products and services that offer significant opportunities for growth. Judges from across the country were invited to provide their expert opinions based on thorough criteria. This year’s judges were: Rodger Reiswig, Johnson Controls (Florida); Grady Medcalf, Spectrum (Colorado); Michele Monheim, Amherst Alarm (Upstate New York); Steven E. Paley, Rapid Security Solutions (Florida) and Adam Thompson, Wired-Up Systems (Arizona). Criteria of judging Entrants to the Innovation Awards program were judged on: features and functions, innovation, end-user experience, ability to solve a problem, revenue growth potential, impact on company efficiencies and compliance with regulations. These metrics provided a rubric that determined the most innovative and exceptional products and services in the industry. Winners of the Innovation Awards were featured in the ESX Innovation Awards Showcase in Booth 615 during live expo hours.
Asia’s security industry is once again beginning to shift its attention towards Taipei, as preparations continue ahead of the 22nd edition of Secutech. As anticipation continues to build, the fair’s organisers announce details of six pavilions that will allow buyers to easily locate high quality products as well as the most relevant OEM and ODM partners for their businesses. Speaking about the benefits that the pavilions will bring, Ms Regina Tsai, Deputy General Manager of Messe Frankfurt New Era Business Media Ltd, said: “Technologies such as artificial intelligence, the internet of things, robotics and biometrics have applications across many different vertical markets. The six pavilions will encourage cross-sector partnerships and highlight real-world business applications of some of these technologies.” Ideal starting point Best-in-class building, factory and mobility products will be on offer across the zones as well as pioneering cybersecurity and surveillance solutions “The market for tailor made security solutions in verticals such as transportation and factory is also continuing to grow, so we are delighted that we will be welcoming established brands with strong R&D capabilities that can accommodate the market.” The coming edition of the show will take place from 8 – 10 May 2019 at the Taipei Nangang Exhibition Centre. In 2018, the fair attracted 427 exhibitors to over 22,000 sqm of exhibition space. With similar numbers expected at the upcoming edition, the six pavilions will provide an ideal starting point for trade visitors to carry out their sourcing and networking. Best-in-class building, factory and mobility products will be on offer across the zones as well as pioneering cybersecurity and surveillance solutions. Details of the six pavilions are listed below: AI and Software Pavilion As artificial intelligence continues to offer greater accuracy and operational efficiencies, the global demand for video analytics and recognition technologies has grown. With this market in mind, the AI + Software Pavilion will host the latest related innovations from a variety of AI specialists, including AiUnion, eRay, Lips, SkyREC, and TDV. Among the technologies to be showcased are facial recognition systems, license plate recognition systems, behaviour and gesture recognition systems, speech recognition systems, big data analytics software and more. Cyber security Pavilion A growing number of endpoint devices including security cameras and access control panels are being interconnected through the IoT A growing number of endpoint devices including security cameras and access control panels are being interconnected through the IoT. This has in turn created a need for adequate cybersecurity provisions to ensure network security. Cutting-edge solutions that achieve this goal will be housed at the Cybersecurity Pavilion, including the likes of cloud security, risk remediation solutions, and network & endpoint security systems. Smart Factory and Industrial Safety Pavilion The applications of machine vision systems in factory and industrial settings are growing. Not only can the systems secure site perimeters and ensure worker safety, but they can also reduce labour costs and improve productivity. The Smart Factory & Industrial Safety Pavilion will allow trade visitors to delve into the latest developments in this field, by connecting them with top-notch suppliers of workplace monitoring systems, personnel identification systems, access control systems, smart patrol systems and more. Smart Living Pavilion Utilising the IoT to establish smart communities is a growing concept across Asia. Subsystems in buildings and homes can now be interlinked and controlled from centralised hubs in order to create smart homes and buildings. An international line up of brands with expertise in this field, including the likes of Full Enterprise, Jinlong, Link Savvy, Silicon Labs, Sonas, TUTK, Uhikari Technology, and Umbo CV have confirmed their participation at the Smart Living Pavilion, to showcase a selection of facial recognition, voice command, and deep learning technologies for smart living, elderly care and the smart hotel sector. Smart Parking Pavilion These products have been in increasing demand because of crowded urban environments placing a premium on parking spaces AMTK, D-Link, Nietzsche, Smartway and Smart Living will join other suppliers at the Smart Parking Pavilion with the latest number plate recognition systems, parking management systems and real-time street parking solutions. These products have been in increasing demand because of crowded urban environments placing a premium on parking spaces. Mixed-use buildings such as shopping complexes, commercial buildings and hospitals are also requiring increasingly sophisticated car park management systems. Smart Transportation Pavilion Cities around the world are adopting smart transportation systems to overcome traffic congestion, increase road safety, and improve public transportation efficiency. To accommodate this growing sector, a selection of innovative ‘smart’ solutions for road, railway, petrol stations, and fleet management will be available at the Smart Transportation Pavilion from brands such as Axiomtek, D-Link, Korenix, Lantech and TIBBO. Protection of buildings Secutech will take place from 8 – 10 May 2019 at the Taipei Nangang Exhibition Centre. The fair is organised by Messe Frankfurt New Era Business Media Ltd and is part of a global network of Safety Security and Fire trade fairs. Safety and security are increasingly important basic needs and, therefore, stand for a growing global market. With thirteen trade fairs, congresses and forums around the world, Messe Frankfurt brings together demand and supply worldwide with progressive, connected products, applications and services focusing on commercial security and the protection of buildings, spaces and people. The Safety, Security & Fire business cluster offers access to the dynamic markets of the Arabian Peninsula, Asia, Europe and South America.
Insights & Opinions from thought leaders at Umbo CV
Managed services provided through the cloud offer multiple advantages for system integrators. These include: Increased recurring monthly revenue: Managed services are a new business model that generates more stable and predictable income streams for integrators. Stickier customers: Managed services foster a more involved relationship between integrators and their customers, which can help boost customer retention. The cloud enables integrators to serve more sites without hiring additional technicians High gross profit margins: Cloud managed services create an opportunity for a service and technology to be purchased together, helping to generate a higher gross profit margin from the beginning of the customer relationship. They are easier to provide: The cloud enables integrators to serve more sites without hiring additional technicians. Problems can be fixed proactively: When a problem occurs on a site that is managed by a cloud-based system, the integrator can receive a real-time notification regarding the issue - possibly before the customer even notices a disruption in service. Increased valuation of business: According to a study by Dell, companies that utilise cloud, mobility, and security technologies are experiencing as much as 53 percent higher revenue growth rates compared to those who do not such technologies. Importance of cloud-based solutions The cloud also challenges integrators to educate customers on the value of the new approach The cloud also challenges integrators to educate customers on the value of the new approach. For example, the cloud changes the expense model of security systems. It allows customers to shift from a capital expenditure (CapEx) model, where large capital funding is required to purchase equipment, to an operational expenditure (OpEx) model, where the costs of the solution become an operating expense. Since the cameras, installation, storage, and software are packaged into the service, you don’t need a large capital outlay up front - you simply pay a predictable expense every month. Leveraging this difference opens new sales opportunities for integrators. The benefits of cloud services on how physical security equipment and software services can be monitored and maintained through a connected service is a particular benefit to integrators. Data monitoring and security “By having data describing the health of the system shared on the cloud, system integrators can observe data on demand and create proactive maintenance plans in coordination with the end user,” says Stuart Rawling, Director of Business Development, Pelco by Schneider Electric, and one of our Expert Panelists. A daily challenge for end users is balancing human resources used in the operation of a system “Such plans should result in increased system reliability and less downtime. If system performance data is aggregated and anonymised, it could also be used by manufacturers to analyse and form conclusions about maintenance schedules and system lifespan.” A benefit is happier customers. “A daily challenge for end users is balancing human resources used in the operation of a system and daily maintenance, with maintenance having shared responsibility with the system integrator,” says Rawling. The cloud software as a service The SaaS model gives companies the resources to improve the deep learning model" The cloud also can help to make cutting edge technologies more affordable. Economies of scale provided by the Cloud (Software as a Service, or SaaS) are making the sophisticated capabilities of deep learning affordable to a wider audience. Meanwhile, deep learning augments cloud systems with capabilities that may not be available (or affordable) in on-premise systems, thus accelerating the broader move to cloud systems. “Having a SaaS model gives companies the resources to improve the deep learning model,” says Shawn Guan, CEO and co-founder of Umbo Computer Vision, a provider of deep learning video analytics. "We can make more accurate systems that scale better and faster. SaaS enables vendors to do something great with deep learning. You don’t have to redo it for everybody. One customer benefit from another customer and all the knowledge is aggregated together.”
The cloud and deep learning are two technologies on the verge of transforming the video surveillance market. You often hear the two technologies mentioned as separate trends, but lately, I have been hearing about how interdependent they are. Economies of scale provided by the Cloud (Software as a Service, or SaaS) are making the sophisticated capabilities of deep learning affordable to a wider audience. Meanwhile, deep learning augments cloud systems with capabilities that may not be available, or affordable, in on-premise systems, thus accelerating the broader move to cloud systems. A new era of autonomous video One company that is combining the cloud and deep learning in an end-to-end system is Umbo Computer Vision, an “autonomous video security technology” company built on its founders’ expertise in deep learning and machine vision. The company’s cameras are equipped with basic video analytics, and they are tied into a cloud infrastructure that provides additional deep learning algorithms. The cameras provide computer vision pre-processing, with the bulk of detailed analysis happening in a neural network in the cloud.One customer benefits from another customer and all the knowledge is aggregated together" “Having a SaaS model gives companies like ours the resources to improve the deep learning model,” says Shawn Guan, CEO and co-founder of Umbo Computer Vision. “We can make more accurate systems that scale better and faster. SaaS enables vendors to do something great with deep learning. You don’t have to redo it for everybody. One customer benefits from another customer and all the knowledge is aggregated together.” Adapting to a changing landscape Umbo’s deep learning analytics provide higher accuracy, says Guan. For example, the system can provide accurate alerts on people climbing a wall, and it can accommodate for elements such as shadows and adverse weather conditions. The cameras can also provide occupancy information from a video view of a room; unlike people-counting applications, the camera does not need to be mounted above the door. The algorithms can detect loitering and can track a subject even if he or she disappears briefly from view (such as walking behind a building). Umbo developed the algorithms from scratch using the company’s deep roots in technology. Guan says the company was “built on data and using data.” The company’s cameras are equipped with basic video analytics, and they are tied into a cloud infrastructure that provides additional deep learning algorithms The cloud serves as a media gateway “Cybersecurity is ensured,” says Guan. The cloud provides built-in authentication with the camera; user names and passwords are handled in the cloud, so there is no manual reset of the password at the device level. The cloud serves as a media gateway, and two-way communication between the camera and the cloud addresses how much data is streamed. Data in the camera has 256-bit encryption, and there is a secure “tunnel” through which data moves in the Internet. In the cloud, the host provider, such as Google, Microsoft or Amazon, protects the data to their own high standards. Each camera has industrial grade SD providing 30 days’ storage of full frame rate, 30fps video at 1080p, with backup in the cloud. In effect, the camera operates in-lieu of a network video recorder.The end-to-end system is designed to handle an essentially-unlimited number of cameras and can also be integrated with other products Handling unlimited cameras Customers interface with the system through the cloud’s software user experience. The end-to-end system is designed to handle an essentially-unlimited number of cameras and can also be integrated with other products. Umbo targets the enterprise market and has around two-hundred enterprise customers in the United States - their biggest market - as well as offices in London and Taipei, and customers around the world. The cost structure involves an annual payment per camera, between $280 and $600 depending on features/capabilities. Umbo is introducing a new bullet camera with a zoom lens for exterior applications, incorporating a higher-end Sony sensor for good low-light performance and wide dynamic range (WDR). The camera’s modular design enables the addition of features such as longer-range infrared – increased from 100 to 160 feet – white-light LED to provide a colour image, and greater deterrence, at night, and a long-range microphone for audio. The company also offers a fixed-lens dome camera for indoor applications.
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