The #AIEYE Special Edition: CEO of VSBLTY Groupe
Technologies (CSE: $VSBY.C) ( $VSBGF) Talks About Recent Cyber Ops Alliance News and How His #AI
#Security Company Stands out from Competitors; @vsbltyco
Point Roberts WA, Delta BC, May 22, 2019 - Investorideas.com,
a global investor news source covering Artificial Intelligence issues a special
edition of The
AI Eye, featuring an exclusive interview
with the CEO of VSBLTY Groupe Technologies Corp. (CSE:VSBY) (5VS.F) (VSBGF).
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to the podcast:
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this in full at https://www.investorideas.com/news/2019/artificial-intelligence/05221AIEye-VSBLTY.asp
VSBLTY Groupe Technologies Corp. provides real-time analytics and
security through Proactive Digital Display™ signage with AI and machine
learning-based software modules. The company recently announced that it
had joined international cyber security consortium Cyber Ops Alliance (COA)
earlier this month.
In an interview with Investorideas.com,
Company co-founder and CEO, Jay Hutton explained how COA’s multi-disciplinary
approach and emphasis on areas of VSBLTY’s specialization made the decision to
join timely and advantageous.
“For us, because they have identified
significant opportunities emerging in facial recognition and the related
disciplines, we felt it was time for us to join,” he said. “We’ve determined
that the demand for that kind of thing – holistic, top-to-bottom security
solutions – is becoming more and more of a requirement.”
COA’s CEO, Dan Downing said in the press
release:
“We
are excited that VSBLTY's leading-edge technology can now be combined with the
advanced security capabilities of other COA companies. Wherever deployed,
VSBLTY can provide perimeter security by looking for 'persons of interest' or
by identifying objects-including weapons-in real time.”
Hutton said that the relationship with COA
will open up new opportunities for the company moving forward.
“It’s a very broad range of capabilities,
assets and personalities, which of course will expose us to a brand new
marketplace,” he said. “We’re excited about it.”
Hutton explained how VSBLTY’s cross-module
application – it’s capabilities in the complimentary application of security,
advertising and analytics solutions – makes it stand out from competitors.
“We kind of have a unique opportunity to
take an aggressive position in the marketplace because we have this very unique
approach,” he said. “VSBLTY sells three discrete software modules: visual
display, data analytics – incorporating camera and machine learning – and
Vector which is the security piece.”
“We have competitors in the first module,
the second module, and of course, we have competitors in the third module. But
here’s what’s interesting, there’s not a single competitor that addresses all
three modules.”
The third component Hutton mentioned,
Vector™, is described on the company website
as “a software module that interfaces with a comprehensive local or remote
database to detect persons or objects of interest within a camera’s field of
view”. Hutton explained how Vector™ performs a joint function of advertising to
consumers through digital signage, but also an increasingly important security
application.
“We’ve got the double efficacy of, not only
delivering a message to an audience, but driving the eyeballs of that audience
to a screen so that we achieve a security utility, as well as delivering a
promotional or advertising utility,” he said. “Once it identifies a person it
tracks that person to find a face. When it finds that face it can connect [it]
or match it to a curated database, if you think of a local application or a
national electronic database if you think of the no-fly list or anti-terrorism
list [for example].”
Research firm Memoori published a piece earlier
this year analyzing the video surveillance market, in which it claims “AI Video
Analytics which will gradually be taken up over the next 5 years, having the
potential to add a further $3Bn to the video surveillance market in 2023”.
Hutton said companies that zero in on
certain sections of the market have the best chance of success. “I believe that
the companies that will be successful in the … really broad category of AI are
those that break down the components of it and apply it to a specific segment
or segments, and that’s precisely what we’ve done.”
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