Skyfii Acquires CrowdVision to Accelerate Computer Vision Capabilities
As an omnidata intelligence company, Skyfii focuses on helping organizations measure, predict, and influence visitor behavior. To support that mission, we’re continually looking for ways to innovate and expand capabilities of our suite of customer analytics and engagement tools. We’re pleased to announce our acquisition of CrowdVision, the pioneer in crowd analytics, which will help us strengthen our video analytics and LiDAR capabilities.
CrowdVision is a provider of live, accurate, and actionable pedestrian data and insights. The CrowdVision SaaS product measures what is happening within an entire pedestrian population in real-time and over time. This enables venue operators to plan better and act decisively to improve pedestrian experience and increase efficiency, safety, security, and profitability.
The CrowdVision product processes live video input from commercially available existing IP camera networks and detects pedestrian movements automatically using sophisticated computer vision and artificial intelligence techniques. CrowdVision’s market leading computer vision algorithms improve the quality, accuracy, and validity of high volume pedestrian traffic analytics.
Skyfii’s acquisition of CrowdVision extends its position as a leading global provider of venue intelligence and data analytics. Skyfii’s Chief Executive Officer, Wayne Arthur, states, “The combination of Skyfii and CrowdVision technologies will accelerate growth within the smart venues vertical which includes airports, stadiums, casinos, commercial real estate, and major transportation hubs.”
The acquisition will double Skyfii’s own current airport deployments and include new key international airports such as O’Hare, Heathrow, and JFK. The CrowdVision technology is complementary to Skyfii’s growing list of intelligent data sources that enable us to design the most suitable solutions for our customers based on their unique requirements and environments.
CrowdVision’s Chief Operating Officer, Stuart Mills, states, “We are delighted to join the Skyfii team. CrowdVision’s technology is highly complementary to Skyfii’s offering and our geographic footprint in Europe and the USA aligns well with Skyfii’s ‘global-reach’ goals.”
Our goal is to enable our customers to provide better experiences to their visitors by understanding the movement and flow of pedestrian traffic. The measurement of historical and real-time pedestrian behaviors is critical to overcoming common challenges. These include reducing queue wait times, creating safe social distancing, managing incidents, streamlining pedestrian flow through congested areas, reducing start-to-finish travel distances, smart energy conservation, and optimizing staff activities.
An example of how the CrowdVision and Skyfii solutions can complement each other to provide an increased set of use cases to the airport industry.
To learn more about the acquisition, read our announcement in the Australian Securities Exchange (ASX). You can learn more about CrowdVision here.