Ann: Signs commercial Marketing Agreement with Global IP Supplier-BRN.AX, page-138

09/04/2015

Spikenet Technology INTERPRETS VIDEO IMAGES

Set up by CERCO (French Center for Brain and Cognitive Research) neuroscience researchers at the CNRS (French National Center for Scientific Research) in Toulouse,

Spikenet has developed an artificial vision system inspired by the biology of human vision.

The algorithm functions as an electronic eye, scouring and analyzing large volumes of video images. Its first application was for measuring brand visibility on TV

. It has also been used by the police and security services to quickly decrypt video surveillance camera images, by transport services to monitor road traffic, and by casinos to optimize how they operate.

Spikenet, which has 30 clients, sells the software on license or on royalty agreements for products using it. The company expects to generate turnover of 3 million Euros in 2015 and 10 million Euros within five years.
Clients French Ministry of the Interior, Aria Resort & Casino, Airbus, Aéroport de Bordeaux-Mérignac, Cofely Ineo, etc.