Only a $7 Billion market opportunity
just keep accumulating as the big boys will be trying to tree shake the minors out of their shares - we too close now to massive success that it would seem stupid to throw in the towel now
Louis DiNardo said ......
Investors in late 2018 and into 2019 will see and should enjoy the commercialisation of 10 years’ worth of effort on the part of our founder Peter van der Made.
"We will take what is currently done in software or currently done partly in software and in hardware, we'll reduce that to practice in a single chip solution, which the Akida device, which is currently in development, the software kernel is already in the hands of one of the largest European automobile manufacturers. It's been reduced to practice for other key customers as well in other vertical segments, but it opens up a very wide aperture for us and market opportunities.
Beyond vision we'll be able to analyse what we call big data, it could be agricultural data, it could be financial technology data, stock and options trade, high frequency trading, you could be cyber security data.
Today we're building a large business around vision applications, as Akida comes to the fore in the later part of 2018 and early 2019 it opens up that aperture.
We recognise that it's about a US$7 billion market opportunity. So it's a great landscape for us and Akida is going to be the first neuromorphic system on a chip available in the commercial market.
"There's 68,000 gaming tables in the world that need to be protected. We have that leverage, we have that reach through our sales force. Similarly, we announced a collaborative effort with a company called Quantum Corporation, which is a large-scale storage manufacturer. We also announced a collaborative effort with a company called Veritone. Veritone is similar in that it's a storage application, but it's provided in the cloud."
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Only a $7 Billion market opportunity :) just keep accumulating...
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