Targeting Intelligent Transport Systems (ITS) and Gaming.
ITS: Using real time smart cameras and sensors with the SENSEN Artificial Intelligence platform "SENFORCE" to provide analytical information on traffic flow and parking infringement notices.
SENFORCE in action:
SENDIVA - Cloud based video analytics:
SENSIGN - The world's first fully automated solution to perform sign audits in a cost-effective manner helping city councils create, update and maintain a database of traffic signs, parking signs and line markings
In Gaming, SenSen has been working with Crown on world-leading software "SENGAME" that is able to analyse the number and type of bets placed, hands per hour, and the value of bets placed on live table games in real time.
Floated in Oct 2017 raising $6.8m, funds used for further R&D and grow international customers.
Recent Achievements and Highlights:
• Mrs Xiaoming Wang has joined SenSen Networks Singapore Pte Ltd to support the growing momentum in Singapore and the broader opportunities in the Asia Pacific region. For the last 13 years, Mrs Wang has been an executive at ATT Systems Group, one of SenSen’s channel partners in Singapore. She has managed the design, engineering and implementation of more than a dozen high value projects in Singapore, India and Kazakhstan. Mrs Wang will also be appointed as resident director of SenSen Networks Singapore Pte Ltd.
• Integration with SAP HANA, minimizes customer requirements for SENDIVA stack (Backend IT infrastructure)
• Won a multi-year contract with Changi Airport, Singapore, worth approximately A$320,000
• Signed a 5-year agreement with the City of Calgary, in Canada, worth approximately A$2,460,000.
• In July, SenSen announced that it been admitted to the new NSW Government Roads and Maritime Services panel for Supply, Installation, Maintenance and Certification Services of Detection and Enforcement Camera Systems and it is anticipated that this extension could generate revenues of approximately $A2,000,000 over the course of the next three years.
• Casino roadshow in January 2018 targeting new customers SenSen has been working with Crown on world-leading software that is able to analyse the number and type of bets placed, hands per hour, and the value of bets placed on live table games in real time. A further development of the software has recently achieved unprecedented 100% accuracy on bet detection and bet value in the Casino operating environment in table games using low cost, android phones as cameras. A new patent covering these latest inventions has been lodged to secure the Intellectual Property (IP) for SenSen. The Company will be conducting a highly targeted offshore marketing roadshow through casinos in January 2018, visiting the casino operations identified at this year’s Global Gaming Expos, held in Macau and Las Vegas. As part of SenSen’s ongoing pre-sales activities with the casino operators, live demonstrations of the updated SenGAME software will showcase the accuracy and stability of the solution.
The accuracy and stability of the solution has been established on live games of Blackjack, Baccarat and various kinds of Poker providing real-time tracking of player demand. The SenSen system continues to be deployed across Crown’s gaming floors, and going forward, shareholders can expect to see a progressive roll-out of the technology, and additional value-added features, in other casino operations globally.
• In October, leading US artificial intelligence chip maker NVIDIA, ranked as the ‘Smartest Company in the World’ by industry publication MIT Technology Review, announced it had selected SenSen as one of the foundation companies for its global Metropolis Software Partner Program (a platform of software providers with the ability to meet the needs for rapid adoption of AI and deep learning for Smart Cities worldwide).
• In September, SenSen announced it had won a National AIIA Technology Innovation Merit iAward from the Australian Information Industry Association (AIIA), for its SenSIGN – Automated Asset Mapping Solution product, in the Public Sector & Government category. SenSIGN is the world's first fully automated solution to perform sign audits in a cost-effective manner helping city councils create, update and maintain a database of traffic signs, parking signs and line markings
The above is from my own research and represents what I believe to be a very successful company in the years ahead. I followed BRN for a long time and with the lack of tangible contracts, I lost hope in BRN.
SNS on the other hand have a working solution and making progress with sales. 2018 will be an interesting year as I expect we will see numerous new contracts being made around Asia as well at home in Aus.
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