30 Fastest Growing Companies in Asia 2019 30 Fastest Growing Companies in Asia 2019 | Page 32

Streamline your retail operations with a highly scalable, deep image analytics platform: Graymatics “A large majority of today’s platforms are limited to analyzing text- or binary-based data. Yet, across the Internet, over 26 billion photos and over one billion seconds of video are uploaded daily. This is a huge amount of information which Big Data and search engines have thus far been unable to make sense of.” 32 DECEMBER 2019 T he advancements and speed of technology innovation are catapulting the retail industry forward into an exciting new future. Inside this new retail world, retailers and brands are limited only by their imaginations. Using the latest innovations as the undercurrent – things like mixed reality, machine learning and AI technology – you can now truly put customers at the center of your business. These innovations are turning out to be a weapon for bringing stickiness in the online stores. It saves the retail industry from the recent disruption by riding the innovation excellence to delivering data backed experience. Graymatics, Inc., is an intelligence- based security expert. The firm’s cloud platform provides solutions to security providers, retailers, publishers, ad networks and other service providers globally. Graymatics was established in 2011 and is headquartered in Singapore. Graymatics was set up with the vision of having a massively scalable platform to transform videos and images into actionable data. This effectively allows any application which currently utilizes text to obtain context, to as easily use images and videos. We have since developed a highly scalable, cognitive multimedia analytics platform that provides a solution for all the possible industries like Surveillance, Telecom, Media and Advertising, Retail and E-commerce and helps them cater to their various requirements holistically. Graymatics initially launched its highly scalable, deep image analytics platform with various API’s and advertising tools with various companies such as Hakuhodo Inc. (a Japanese advertising and public relations company), Vodafone- Spain and with KDDI, a large Japanese carrier. Utilizing context from images for more effective advertising, and towards enhancing consumers’ experience were few of the initial use-cases for which the platform was used. The company initially built a robust platform on which deep image, video, and audio analytics was performed to an extensive level. With the successful deployments and increasing demand of some very specific applications around Smartphone applications, surveillance and social media insights, it moved higher in the value chain by offering full-scale products and services in specific areas. The presence of massive amount of video content and with various new video sources from so many appliances resulted in an increased demand of Graymatics’ products and services. This led to a consistent growth in various functions of the organization ensuring that its clients have the highest competitiveness in industry and the most delightful experience working with them. The platform is extensively used and demanded in different sectors like surveillance, e-commerce, digital media and many more. A smarter solution is necessary in order to go beyond the limitations of manual monitoring. Our plug-and- play Smart Surveillance technology uses image recognition and artificial intelligence to proactively