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ICE, iCetana Ltd
nipper
post Posted: Aug 10 2020, 03:10 PM
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Posts: 7,317
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In Reply To: nipper's post @ Jan 6 2020, 11:05 AM

ICE has been having some buying interest in the last week or so. Seven straight days up
QUOTE
Without iCetana an operator can only monitor a maximum of approximately 16 camera feeds at any given time.

With iCetana the operator now has the ability to monitor approximately 600 cameras. That's a 3750% rise in monitoring capability, improving operator engagement and efficiency.

This means that a pair of operators with two workstations have been able to do the job previously requiring a room full of personnel and computers, thereby dramatically improving control room efficiency.

♦ Operator fatigue is a real issue ... studies show that most operators miss a large proportion of interesting activity if they are watching a camera for more than 20 minutes. There is also a massive data overload. Far more cameras exist out there in the world than we have people able to look at them. How do you solve this? You need something to filter out the noise.

♦ Traditional video analytics are not very scalable. You need something that is simple to integrate, and provides real-time alerts. ICE co-exists with existing solutions to improve productivity.

The ICE patented software is a spin-out from Curtin University and learns from existing footage of cameras and reports anomalous activity in real-time. e.g. people sprinting across the street, people partaking in graffiti, fires breaking out at 2:30am being detected or even people falling down stairs in an unfortunate accident. The potential applications are very diverse.

With Covid masks becoming more and more common, and brutalist in their appearance, there may be a glimmer of hope and usefulness, as software 'learns' activity patterns (not object or facial recognition).

There would have to be other AI companies doing similar, though??




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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
nipper
post Posted: Jan 6 2020, 11:05 AM
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Posts: 7,317
Thanks: 2514


QUOTE
iCetana was formed in 2009 to commercialise technology developed by researchers in the School of Electrical Engineering, Computing and Mathematical Sciences at Curtin University. The research and technology allows for the efficient analysis of very large data sets to identify anomalous activity and events outside normal patterns.

iCetana has successfully commercialised the technology by developing Artificial Intelligence (AI) assisted video surveillance software using machine learning techniques to provide automated real time anomalous event detection (iCetana Solution) for use cases including security, loss prevention, theft and health and safety. The iCetana Solution integrates with existing video surveillance systems or can be deployed to directly interface with surveillance camera feeds.
The software 'learns' activity patterns (not object or facial recognition) for fixed-field-of-view cameras and creates a model of 'normal' movement patterns and activity. After the learning phase, the software then reports anomalous or unusual movement patterns and activity in real-time, through a user interface that highlights those anomalous events and activity. Security operators, typically based in operations centres, can review the unusual events or activity and determine appropriate responses.

The Company has commercialised the iCetana Solution and as at the Prospectus Date has over 20 Active Customers with operations in over 35 locations supporting in excess of 10,000 video surveillance cameras globally.

- IPO in Dec 2019 at 20c. Now 19c



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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
 



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