VSBLTY and Ability Enterprise Co. are planning to work together to market their joint camera solution internationally. To that end, the two companies have signed a Memorandum of Understanding (MoU) that lays out a strategy for targeting new customers in the Smart Retail, Smart City, and security sectors.
The MoU builds on the existing relationship between the two companies. VSBLTY and Ability announced that they would be working together to build a new high-resolution camera with computer vision capabilities in February, and have since gone on to deliver that camera for a smart city project in the Benito Juarez bureau of Mexico City. The camera combines Ability smart camera hardware with VSBLTY’s computer vision software, which runs entirely on-device. The self-contained solution can run multiple Intel algorithms at the Edge simultaneously.
Under the terms of the MoU, the two companies will try to identify organizations that are searching for video-as-a-service and analytics solutions, and then work together to fulfill that demand. The MoU extends all the way through to April of 2024, though it is Non-Binding, and currently exists as a list of proposed business terms.
“Because VSBLTY and Ability already have a successful—and mutually profitable—history of working together, we will be targeting large scale customer opportunities such as government agencies, multi-national corporations as well as large facilities and enterprises that have need for Intel-based video cameras, application software and support services,” said VSBLTY Co-founder and CEO Jay Hutton.
“There is a growing global market for IoT deployments and our state-of-the-art cameras,” added Ability Senior Director Jonny Wu. “We are enthusiastic about what the future holds.”
The Benito Juarez deployment is one of several VSBLTY projects in Mexico. The company is currently rolling out a smart retail program for 50,000 convenience stores across the country, and has also provided similar technology for a chain of Mexican pet stores.
May 3, 2021 – by Eric Weiss