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I expect seeing machines to start winning more design-wins going forward. The bad strategy that changed last year, will play an important role to win more going forward. A lot of OEM's will go for dual-sourcing.
Do you know if seeing machines still announce its design-wins at tier 1 level? Did it previously at least
As discussed last year Seeing Machines announce design wins at at tier 1 level. Wheras Smart eye announce at tier 2 level.
Since Seeing Machines had not won anything last year, someone else had. Those are the design wins announced today by Smart Eye. Seeing Machines instead changed their price modell, indicating loosing out on design wins.
Last design win won by seeing machines was now 19/02-2019, wheras smart eye have now won 51 design wins since the beginning of 2019. What market share do you expect seeing machines and smart eye achive?
lewbo18
True and not true. Both see and seye är bidding for profitable businesses at this stage. Although Eyesight can be questioned for the two design-wins they won this week. Eyesight most likely just wanted to have a reference for other procurements.
Let's keep this discussion professional, and not personal. Just glad to discuss seeing machines with other investors. If you have another view/ other inputs against my previous post feel free. Otherwise I'll wish you a good weekend!
I am aware of that delays can happen, nonetheless new OEM design-wins have still most likely been won by someone during 2019 at a tier 1 level. If seeing machines announce design-wins at tier 1 level, and have not announced anything new. Most likely some other tier 2 competitor have won those new OEM design-wins. (Given that other tier 2's announce design-wins with a 3-6 month lag after the tier 1 have won.)
Hope you now understand what I mean
Even if seeing machines bids via 3 tier 1's or not, they announce when the tier 1 has won the design win. Nothing wrong here. But given no new OEM's have been announced from Seeing Machines, and those design-wins have been mostly likely won by someone during 2019, it seems that those have not gone to seeing machines. Other competitors wait until the tier 2 has been selected, i.e. 3-6 months later. In other words, Im not questions to not announce at the tier 1 level. Im just saying that this might mean, given the time lag of 3-6 months, that someone else have won those new OEM design-wins.
Good post, thanks.
Though, Semicast (Colin) is not independent. Per my understanding he has/ is doing research for Seening machines, conflict of interest. If he would do research for any other company, we would have seen similar biased results in his public presentations.
Also seeing machines announce design-wins when their tier 1 have won, and not when the tier 2 have been selected. Even though its a 98% (something) likelyhood, its a process of time between 3-6 months. But it has been pretty quite lately from seeing, as well as moving more towards softwear and "cutting cost". Im guessing that they have lost a few design-wins lately. But time will tell
"Seeing Machines set to win 75% of global DMS market"
"Although I personally think this figure is now likely to prove an underestimate, given the fact that a driver monitoring system is becoming a standard feature in forthcoming car models."
Source:
https://www.safestocks.co.uk/2018/05/16/seeing-machines-set-to-win-75-of-global-dms-market/
"The quality of its technology and the limited competition from other technology suppliers in achieving at least a 25 per cent. share of this significant global addressable market by 2025."
Source:
https://www.seeingmachines.com/wp-content/uploads/2019/03/Project-Odyssey-Offer-circular-FINAL-76602844_7.pdf
Summary:
75%+ was the figur in 2018, seeing machines themselves aimed for 25%+ just 6 months ago. Whats the next number?
Not true. Been following here for some time now.
Pretty often someone drops something what he/she thinks is "facts" and then everybody is just following and thinking the same. Because that is not true.
I also saw that someone said that Eyesight yesterday won Subaru, nothing indicates that this is the case either.
Just a heads up
Seeing Machines told they are more than ready for the new tightening of driver safety regulations by EU last Friday.
I would assume though the same should be with smart eye? At least I cant see why not based on below
https://data.consilium.europa.eu/doc/document/PE-82-2019-INIT/en/pdf
https://www.proactiveinvestors.com.au/companies/news/906746/seeing-machines-eyes-opportunities-as-european-council-tightens-driver-safety-regulations-906746.html?fbclid=IwAR2DpzGCcI_zw4eI1MgG6lY10UQiwWMOJB6YU4L1DKQqgiC3fh0hwPM7tRk