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CrowdVision Merges with iinside

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LONDON, June 17, 2020 — Crowd analytics company CrowdVision Ltd. has announced that it has merged with California-based company iinside, a leader in lidar-based indoor motion detection and analytic solutions. The combined company, CrowdVision Inc., will be led by David Teed, CEO of CrowdVision, and will be headquartered in Los Angeles. The merger aims to optimize and combine the technology of the two companies to provide better analytics and solutions for smart airports and cities, including crowd flow and social distancing for clients. The combined company has customers in North America, Europe, the Middle...Read full article

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    Published: June 2020
    Glossary
    machine vision
    Machine vision, also known as computer vision or computer sight, refers to the technology that enables machines, typically computers, to interpret and understand visual information from the world, much like the human visual system. It involves the development and application of algorithms and systems that allow machines to acquire, process, analyze, and make decisions based on visual data. Key aspects of machine vision include: Image acquisition: Machine vision systems use various...
    lidar
    Lidar, short for light detection and ranging, is a remote sensing technology that uses laser light to measure distances and generate precise, three-dimensional information about the shape and characteristics of objects and surfaces. Lidar systems typically consist of a laser scanner, a GPS receiver, and an inertial measurement unit (IMU), all integrated into a single system. Here is how lidar works: Laser emission: A laser emits laser pulses, often in the form of rapid and repetitive laser...
    Businessmachine visioncrowd scanningmergersmergers & acquisitionslidar

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