Topics In Demand
Notification
New

No notification found.

Blog
MeitY RAISE 2020 AI Showcase | Veda Labs

October 14, 2020

315

0

The previous two articles bespoke about the ingenious stories of Peer Robotics and Radical Health 

Here, we will be talking about Veda Labs, a firm that has introduced a unique AI powered video analytics platform to enterprises for real-time analytics. It is one of the three startups that showcased in the recently held MeitY’s RAISE 2020 AI showcase, co-organised by CoE & STPI

Veda Labs: A computer vision Platform for Video Analytics

A business generates data every second and it’s scattered everywhere. With the help of the Deep Learning modules and connected devices capabilities. NASSCOM CoE incubated, Veda Labs’ solution makes it easier for businesses to gain deep customer insights. The platform provides restful APIs for:

  • Image Filtration & segmentation
  • Facial recognition
  • Object Detection
  • Camera/Device health etc,
  • Sensor / Device Onboarding

These data points can be also obtained or received in Api, Json, Excel format through web-based Dashboard. The Solution is used by Retail enterprises to determine various matrix on a real-time basis like:

  • Footfall & Demographics
  • Unique versus repeat customers
  • Loitering time of the consumers
  • Extraction of products are hot with each age group, gender etc
  • Interaction time with sales executive & Bounce Rate

Towards the first quarter of 2020, the team leveraging its AI capabilities started to deploy the COVID AI kit. By analysing CCTV feeds, the platform is able to accomplish:

  • Real-time fever screening at ±0.05deg accuracy
  • Keeping a track on Social distancing
  • Mask detection on each walking in person
  • Space/floor occupancy alerts.
  • Sanitization frequency checks

In 2020, when the whole world was affected by COVID-19, the company leveraged its AI based solution to built & deploy a unified solution that allows to monitor key parameters like social distancing, mask detection, fever screening, space occupancy & sanitization alerts in real time to keep the facility safe. Started with 6 people, the company has now onboarded Advisors like Ravi Belani, Mukesh Mowji, Gnani Palanikumar, Sean Shepperd. Considering the resources it has, Veda Labs determines to further avail AI to help retailers to grow their in-store conversions with real-time analytics and consumer insights.

Click on the below links to read up about the other innovations showcased in the MeitY RAISE Summit -Peer Robotics and Radical Health:

https://community.nasscom.in/communities/digital-transformation/meity-raise-2020-ai-showcase-peer-robotics.html

https://community.nasscom.in/communities/digital-transformation/meity-raise-2020-ai-showcase-radical-health-tech.html


That the contents of third-party articles/blogs published here on the website, and the interpretation of all information in the article/blogs such as data, maps, numbers, opinions etc. displayed in the article/blogs and views or the opinions expressed within the content are solely of the author's; and do not reflect the opinions and beliefs of NASSCOM or its affiliates in any manner. NASSCOM does not take any liability w.r.t. content in any manner and will not be liable in any manner whatsoever for any kind of liability arising out of any act, error or omission. The contents of third-party article/blogs published, are provided solely as convenience; and the presence of these articles/blogs should not, under any circumstances, be considered as an endorsement of the contents by NASSCOM in any manner; and if you chose to access these articles/blogs , you do so at your own risk.


images
AparnaRoy
Senior Associate CoE Iot & AI

aparnaroy

© Copyright nasscom. All Rights Reserved.