2024-05-07 22:00:00
Frost & Sullivan chose Hailo after a thorough analysis of the various companies in the market and their evaluation based on their ability to leverage technology and the impact of technology on the business world. Hailo excelled in many criteria in the field of video processing, mainly thanks to the artificial intelligence processors of the Hailo-15 model designed to be integrated directly into smart cameras to provide an unprecedented level of video processing and analysis in end devices. .
Hilo Company (Hello) from Tel Aviv, a leading manufacturer of AI processors for end devices, won the technological innovation prize of the Frost & Sullivan research company for its brand new AI processors from the Hailo-15 family. The award is given to companies that develop and implement growth strategies based on advanced thinking and provide an effective response to future market needs and opportunities.
Frost & Sullivan chose Hailo after a thorough analysis of the various companies in the market and their evaluation based on their ability to leverage technology and the impact of technology on the business world. Hailo excelled in many criteria in the field of video processing, mainly thanks to the AI processors of the Hailo-15 model designed to be integrated directly into smart cameras in order to level video processing and analysis ultimately providing no precedent. devices.
The Hailo-15 artificial intelligence processors with a processing power of up to 20 tera operations per second (TOPS) are the most efficient processors in the world in terms of the ratio between performance and cost and between performance and power consumption. Thanks to this, the processors enable the use of AI capabilities to improve image and video quality and to perform advanced video analysis, so that users do not have to choose or compromise the quality of the camera’s performance.
Hailo-15 processors can perform video analysis in the camera and not in the cloud, a move that saves video bandwidth and makes it possible to significantly reduce the cost of large-scale camera deployments. At the same time, privacy can be improved thanks to the fact that data processing is done on the end device and only anonymous information is sent to the cloud. The product includes a highly sophisticated system of video analysis based on AI, which protects both privacy and security of people.
“We are pleased to be recognized for our leadership in technology and innovation and continue to be committed to bringing powerful AI processing to a variety of applications and markets,” said Or Danon, CEO and co-founder of Hailo “Hundreds of companies around Our technology is already trusted by the world in the automotive, retail and security industries and we are delighted to have a boost from an organization as respected as Frost & Sullivan.”
Hailo was founded in February 2017 by graduates of the Intelligence Corps’ Elite Technology Unit. The company, which became a unicorn two and a half years ago, announced in early April that it had raised $120 million and launched its high-performance GenAI accelerators from the Hailo-10 model that heralded a new era in which for users to own and run. GenAI (Genetic Artificial Intelligence) applications locally on their devices without the need to register for cloud-based creative artificial intelligence services. In total, Hailu has raised 340 million dollars since its inception.
#Hailo #won #Frost #Sullivan #Technology #Innovation #Award