- Seeing Machines Ltd. NPV (DI)
- 20 June 2023 15:04:53
Source: Sharecast
The AIM-traded firm said Devant is a renowned supplier of human-centric synthetic data, with the partnership aiming to support the training and development of Seeing Machines' machine learning capabilities.
By joining forces with Devant, Seeing Machines said it would be able to leverage its more-than-20 years of experience and access to human behavioural insights, along with Devant's expertise in rendering capabilities.
The collaboration would positions Seeing Machines to expedite the development and training of its machine learning networks - the backbone of its advanced monitoring system solutions.
“With a wave of new transport safety regulations coming into force around the world, it is increasingly vital for the advanced machine learning networks that underpin our AI-driven technology to access reliable data of the highest quality, accuracy and realism,” said Seeing Machines chief executive officer Paul McGlone.
“Our mission to get everyone home safely has never been more relevant - that is why we have partnered with Devant, a leader in its field, to help deliver on our promise of providing our customers with bespoke, mission-critical solutions that enhance driver safety.”
McGlone said Devant was “uniquely able” to capture and translate the subtlest movements and human behaviours, producing a granularity of detail that had until now been “impossible” to simulate.
“This unique approach to data creation will allow our machine learning to cover a broader range of human activity, improving on delivery times without compromising quality.”
At 1439 BST, shares in Seeing Machines were up 0.18% at 5.66p.
Reporting by Josh White for Sharecast.com.
