BRN 5.26% 18.0¢ brainchip holdings ltd

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    The potential to offer existing customers a hardware accelerated solution presents an
    exciting opportunity for the Company and BrainChip expects to be able to demonstrate and offer this to customers in 2017.

    The Company has engagements for its software products in civil, commercial surveillance and machine vision applications including law enforcement, airport security, retail, gaming, surveillance and machine vision for manufacturing operations

    The collaboration agreement between BrainChip and CIIC, which was announced on 1 December 2016, will apply SNAP technology to traffic monitoring and analysis. Phase one of the trial has commenced with resources allocated. SNAP has a clear competitive edge over current automated traffic systems, which typically have to use a multistage process to collect, store and analyse data. In contrast, SNAP can perform the data capture and analysis on a single chip or circuit board with little instruction. This makes a SNAP-based solution significantly more cost effective and faster to implement and maintain.
    BrainChip and CIIC plans to also use SNAP in an in-vehicle camera solution demonstration where the system will recognise the vehicles position and speed; identify road signs, pedestrians and other road hazards; and analyse driving data to generate reports.


    hey rise we can go on all day but the truth is we are on a WINNER HERE mate
 
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