Day: October 20, 2021

AVEVA, a global leading player in industrial software, driving digital transformation and sustainability, entered a distributor partnership agreement with Schneider Electric India, a leading player in the digital transformation of energy management and automation. The combined strength of this partnership will enable organizations on their journey to industry 4.0 through digitization and meet their end-to-end digital transformation requirements in a holistic way. Through its wide community of specialized systems integrators, Schneider Electric India will deliver AVEVA’s comprehensive industrial automation software suite. The companies will extend this partnership to the greater India region including Bangladesh, Sri Lanka and Nepal. Schneider Electric India will support its channel partners to promote AVEVA offerings through in-depth training and enablement sessions, certifications, incentivized programs, value-added services, dedicated channel workshops and roadshows. The company will focus on upskilling its system integrators on AVEVA’s leading-edge software solutions and offer comprehensive lead generation and implementation support for its partners across verticals. “Our business strategy of establishing leadership in industrial software that spans segments (process and discrete), aligns perfectly with AVEVA’s expertise in helping customers achieve their digital transformation ambitions while also meeting the sustainability goals. Through our EcoStruxure architecture, Schneider will be able to offer its customers digital solutions that cover the total lifecycle of the project in terms of project design, process design and simulation, and enterprise level/ operations planning” Senthil Kumar Venkataramanujulu Vice President, Industry Business, Schneider Electric India   “AVEVA is committed to delivering innovative and state-ofthe-art technologies to help organizations embrace the driving force of digital transformation. Our distribution agreement with Schneider Electric India supports this overarching goal and empowers customers to advance their digital agendas. Schneider Electric’s robust ecosystem of system integrators providing a broad coverage across all geographies and verticals will help us jointly address the unique requirements of regional customers. Their wide reach and deep market knowledge will help AVEVA maintain, expand and scale its leadership position in the industrial automation software space” Abis Zaidi Head of Partners, Greater India Region, AVEVA The combined partnership will provide a complete portfolio of digital transformative solutions for the end user to expedite their digital journeys across energy management, automation systems, and services. Schneider Electric will assist AVEVA customers in optimizing these solutions so that they may successfully update their operations and ensure business continuity. Schneider’s purpose is to empower all to make the most of their energy and resources, bridging progress and sustainability for all. They call this life is on. Their mission is to be the customers’ digital partner for sustainability and efficiency. We drive digital transformation by integrating world-leading process and energy technologies, end-point to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centers, infrastructure and industries. They are the most local of global companies. They are advocates of open standards and partnership ecosystems that are passionate about shared meaningful purpose, inclusive and empowered values. AVEVA is a global leader in industrial software, driving digital transformation and sustainability. By connecting the power of information and artificial intelligence with human insight, AVEVA enables teams to use their data to unlock new value. They call this Performance Intelligence. AVEVA’s comprehensive portfolio enables more than 20,000 industrial enterprises to engineer smarter, operate better and drive sustainable efficiency. AVEVA supports customers through a trusted ecosystem that includes 5,500 partners and 5,700 certified developers around the world. The company is headquartered in Cambridge, UK, with over 6,500 employees and 90 offices in over 40 countries.

Eagle Eye Networks, the leading global player in cloud video surveillance, today announced the acquisition of artificial intelligence leader Uncanny Vision, accelerating the company’s leadership in providing AI and analytics to make customers’ businesses more efficient and the world a safer place. The acquisition also includes research and development capabilities and a new regional office in Bangalore, India. “After evaluating more than a dozen AI companies, we began working with Uncanny Vision in 2020. It didn’t take long for us to conclude that Uncanny Vision is the clear leader in surveillance AI. Their award-winning AI technology is deployed across thousands of locations, including Fortune 500 customers” Dean Drako CEO, Eagle Eye Networks   “After evaluating more than a dozen AI companies, we began working with Uncanny Vision in 2020. It didn’t take long for us to conclude that Uncanny Vision is the clear leader in surveillance AI,” said Dean Drako, Eagle Eye Networks CEO, “Their award-winning AI technology is deployed across thousands of locations, including Fortune 500 customers.” “We share the Eagle Eye team’s vision to deliver advanced, cyber secure AI cloud video surveillance offerings that transform video surveillance for businesses around the globe” Ranjith Parakkal Co-Founder, Uncanny Vision   The deal accelerates Eagle Eye’s plan, announced in November 2020, when Eagle Eye raised funds from venture capital firm Accel, to dramatically reshape video surveillance. Uncanny Vision’s deep learning algorithms enable recognition, identification, and prediction, improving business operations, customer service, and site safety. Uncanny Vision’s award-winning AI is used today in multiple applications, including: Smart parking. Retail analytics. Gate security. Toll automation. Smart cities. ATM monitoring. Worker safety. Perimeter security. Drako said, “Uncanny Vision’s tools for training, building, and optimizing models, and its infrastructure for managing and storing training data are superior. This is a key component we’re excited to add to the Eagle Eye Networks platform.” All 60 Uncanny Vision employees will be retained, and Eagle Eye plans to expand the Bangalore office. Eagle Eye is committed to supporting Uncanny Vision’s current customers, and will continue to build its global infrastructure to provide the very best 24/7 support to its valued customers around the world. Uncanny Vision co-founders, Ranjith Parakkal and Navaneethan Sundaramoorthy, have joined the Eagle Eye leadership team. Parakkal said, “We share the Eagle Eye team’s vision to deliver advanced, cyber secure AI cloud video surveillance offerings that transform video surveillance for businesses around the globe.” “The economic model of delivering subscription-based AI on a per-camera basis through a global cloud infrastructure will ignite growth for security integrators who are otherwise challenged with how to build a financially stable business,” said Alper Cetingok, Managing Director and Head of the Security & Safety Practice at Raymond James. Eagle Eye Networks is the leading player in cloud video surveillance worldwide. Their 100% cloud managed solutions provide cloud and on-premises recording, bank-level security and encryption, and broad analog and digital camera support – all accessed via the web or mobile applications. Eagle Eye Networks delivers cyber secure cloud-based video with artificial intelligence (AI) and analytics to make businesses more efficient and the world a safer place. All products benefit from Eagle Eye’s developer friendly RESTful API platform and Big Data Video Framework™. Headquartered in Austin, Texas, Eagle Eye has offices in Bangalore, Tokyo, and Amsterdam. Founded in 2013, Uncanny Vision is an award-winning AI-based computer vision company delivering next generation intelligent surveillance solutions for smart cities, smart buildings and infrastructure specifically for people and vehicle monitoring using cameras. Uncanny Vision surveillance enables cameras to ‘see’ and “understand’ their environment instantly, using optimized real-time AI/ deep learning algorithms.