SP3 5.26% 2.0¢ spectur limited

Hope this helps @cetraWe have Ai in a few places: We license our...

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    Hope this helps @cetra

    We have Ai in a few places:

    1. We license our core Spectur AI from CSIRO Data 61. This in its simplest form is very efficient object identification.
    2. We use Ai from many other providers, primarily on the cloud side, but are also designed to do some edge work too. This includes:
      1. Number plate recognition
      2. Broader object identification
      3. People counting
      4. Tracking
      5. Speeding and parking
      6. Etc
    3. We do some very clever analytics which are not AI as they are built from algorithms and fully understood. These include:
      1. Speeding applications (built from AI, but leveraging math)
      2. Erosion, accretion, sandbar monitoring, etc. This is 3CT technology and is quite advanced analytically, but is not AI.
      3. Wave analytics (height, periodicity, etc). Again, based on journal published articles where we have built analytical solutions that are fully understood and hence not AI.
    4. We are looking at bringing in some sovereign AI for basic tasks such as object identification for cost saving purposes but this is not a high priority at the moment and we are very keen not to be competitors to AI companies – but partners. This space is growing rapidly for us.

    The short version is – we want to be partners, not competitors with AI companies. There are hundreds of AI companies out there and no one else making the outdoor platforms that we have. We are in a good space.

    Hopefully this is helpful

    Cheers Fatman8

 
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