Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSeeing Machines Regulatory News (SEE)

Share Price Information for Seeing Machines (SEE)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 4.39
Bid: 4.30
Ask: 4.34
Change: 0.185 (4.40%)
Spread: 0.04 (0.93%)
Open: 4.295
High: 4.505
Low: 4.185
Prev. Close: 4.205
SEE Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Collaboration with synthetic data specialist

20 Jun 2023 07:30

RNS Number : 2820D
Seeing Machines Limited
20 June 2023
 

PRESS RELEASE

Seeing Machines joins forces with Devant, synthetic data specialist, for enhanced transport safety

Collaboration accelerates Machine Learning capabilities as regulatory deadlines approach

CANBERRA + STOCKHOLM, 20 June 2023 - To support the training and development of its Machine Learning capabilities, Seeing Machines Limited (LSE:SEE), the advanced computer vision technology company that designs AI-powered operator monitoring systems to improve transport safety, today announces a collaboration with Swedish startup, Devant, a world leading supplier of human centric synthetic data.

Seeing Machines is revolutionising global transport safety, developing and licensing proprietary eye-tracking technology, underpinned by bespoke AI that monitors driver attentiveness, to some of the world's leading automotive manufacturers. Its class-leading driver and occupant monitoring system (DMS/OMS) technology is powered by Machine Learning networks, which need to be trained and validated using large sets of high-quality data.

This collaboration brings together Seeing Machines' 20+ years' experience and unrivalled access to human behavioural insights with Devant's specialist rendering capabilities, leaving Seeing Machines uniquely positioned to accelerate the development and training of its Machine Learning networks that underpin its advanced DMS and OMS solutions.

Seeing Machines' move to incorporate the world's most advanced synthetic data into its DMS development flow is part of a larger Digital Engineering initiative critical to achieving market leading development efficiency, to meet the growing demand for more in-cabin, driver and occupant monitoring capabilities as new transport safety regulation deadlines approach. The successful incorporation of computer-generated synthetic data follows Seeing Machines' research and development of a realism taxonomy considering all system attribute and noise factors (i.e. human appearance and behavioural variations, optical, electronic, and vehicle cabin environment), impacting the real-world fidelity of data ultimately used to augment the development, training and eventually validation, if its in-cabin AI vision software.

Seeing Machines' scientific approach to validate what makes a computer-generated human "real enough" in practice, prosecuted on a feature-by-feature basis for DMS/OMS, combined with Devant's unrivalled capability and focus to solving the unique but critical in-cabin human synthesis challenges, is unlocking an abundant source of synthetic data suitable for accelerated development of in-cabin sensing technology. It is also satisfying Seeing Machines' demanding requirements needed to achieve best-in-class safety outcomes and to uphold its reputation for delivery of real-world reliability and performance.

Commenting on the partnership, Paul McGlone, CEO at Seeing Machines said: "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.

"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.

"Devant is uniquely able to capture and translate the subtlest movements and human behaviours, producing a granularity of detail that has, 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."

Richard Bremer, CEO and Co-Founder at Devant, added: "We pride ourselves on delivering best in class synthetic data, combining unparalleled 3D human animation, computer graphics and engineering to deliver millions of images and animations. We are pleased to be partnering with an innovative market leader like Seeing Machines, which is delivering a step change in transport safety by harnessing its class leading DMS technology."

Seeing Machines uses advanced machine vision technology to monitor driver behaviours under a full spectrum of demanding lighting conditions, including through sunglasses. This data is processed to interpret driver attention state, focus, drowsiness and impairment levels to provide critical inputs in real-time to advanced driver assistance systems (ADAS), as well as to vehicle cockpit, comfort and convenience systems.

With DMS set to become mandatory around the world this decade, Seeing Machines continues to grow as a world-leader in driver and occupant monitoring systems, with close to 900,000 cars on the road today featuring its safety technology underpinned by 15 expanding automotive programs for 10 individual global OEMs.

Download Seeing Machines' white paper, "Do not believe your eyes. The use of synthetic data for driver monitoring product development".

Devant will be exhibiting at InCabin, the world's thought-leading event for interior intelligence specialists, taking place between 20 and 22 June 2023 in Brussels. Devant will be showcasing the Devant NCAP Validation Service developed in close collaboration with Seeing Machines, targeting Tier 1s, OEMs and regulators to accelerate in-cabin monitoring system validation by providing high-quality human-centric synthetic data.

 

For further information, please contact:

Seeing Machines

Sophie Nicoll

 

sophie.nicoll@seeingmachines.com

+61 419 149 683

Devant

Richard Bremer

 

richard@devant.ai

+46 76 222 5787

 

About Seeing Machines

Seeing Machines (LSE: SEE), a global company founded in 2000 and headquartered in Australia, is an industry leader in vision-based monitoring technology that enable machines to see, understand and assist people. Seeing Machines' technology portfolio of AI algorithms, embedded processing and optics, power products that need to deliver reliable real-time understanding of vehicle operators. The technology spans the critical measurement of where a driver is looking, through to classification of their cognitive state as it applies to accident risk. Reliable "driver state" measurement is the end-goal of Driver Monitoring Systems (DMS) technology. Seeing Machines develops DMS technology to drive safety for Automotive, Commercial Fleet, Off-road and Aviation. The company has offices in Australia, USA, Europe and Asia, and supplies technology solutions and services to industry leaders in each market vertical. www.seeingmachines.com

About Devant

Devant provides human-centric synthetic data to support the training, testing and validation of Machine Learning networks. Offering unparalleled data customization, Devant delivers lifelike 3D simulations that enable Machine Learning developers to generate any real-life scenario. This empowers businesses to boost the performance of their computer vision applications and reducing Machine Learning bias. Delivering a unique combination of speed and accuracy, Devant enables customers to specify their own adjustable parameters, returning high-quality data in a matter of days. www.devant.ai

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
NRASESSMSEDSEEM
Date   Source Headline
26th Apr 202411:00 amRNSDirector/PDMR Shareholding
25th Mar 20248:06 amRNSDirector/PDMR Shareholding
18th Mar 20247:00 amRNSHalf year results and financial report
28th Feb 20247:00 amRNSNotice of Results
8th Feb 20247:00 amRNSH1 FY2024 Trading Update & Quarterly KPIs
10th Jan 20247:00 amRNSNew Orders for Guardian Generation 3
9th Jan 20247:00 amRNSSeeing Machines unveils latest Guardian technology
3rd Jan 20247:00 amRNSSeeing Machines to showcase technology at CES 2024
20th Dec 20237:00 amRNSSeeing Machines announces US$30M European OEM win
13th Dec 20238:02 amRNSSeeing Machines welcomes U.S. NHTSA announcement
12th Dec 20237:00 amRNSSeeing Machines Wins Prestigious Road Safety Award
29th Nov 20237:57 amRNSResult of AGM
24th Nov 20237:00 amRNSAGM – reminder and correction of login details
8th Nov 20237:00 amRNS16th Automotive program awarded & Q1 FY2024 KPIs
6th Nov 202311:26 amRNSDirector/PDMR Shareholding
31st Oct 202311:50 amRNSDirector/PDMR Shareholding
31st Oct 20237:00 amRNSNotice of AGM
27th Oct 20237:19 amRNSDirector/PDMR Shareholding
27th Oct 20237:13 amRNSDirector/PDMR Shareholding
25th Oct 20237:55 amRNSDirector/PDMR Shareholding
25th Oct 20237:00 amRNSBoard Changes
20th Oct 20239:30 amRNSDirector/PDMR Shareholding
20th Oct 20239:21 amRNSDirector/PDMR Shareholding
19th Oct 20238:47 amRNSDirector/PDMR Shareholding
18th Oct 202310:06 amRNSDirector/PDMR Shareholding
17th Oct 20239:41 amRNSDirector/PDMR Shareholding
16th Oct 20237:00 amRNSYear End Results – FY2023
16th Oct 20237:00 amRNSDevelopment of aviation fatigue detection solution
14th Sep 20237:00 amRNSNotice of Full Year Results 2023
7th Sep 20235:31 pmRNSDirector/PDMR Shareholding
22nd Aug 20237:00 amRNSFY2023 Trading Update & Q4 KPIs
18th Jul 20237:30 amRNSDirector/PDMR Shareholding
30th Jun 20237:00 amRNSDirector/PDMR Shareholding
30th Jun 20237:00 amRNSCEO Incentive Plan
28th Jun 20231:44 pmRNSDirector/PDMR Shareholding
28th Jun 20237:00 amRNSDirector/PDMR Shareholding
26th Jun 202311:38 amRNSDirector/PDMR Shareholding
23rd Jun 20238:55 amRNSDirector/PDMR Shareholding
20th Jun 20237:30 amRNSCollaboration with synthetic data specialist
19th Jun 20238:00 amRNSSeeing Machines to attend Stifel Tech Conference
25th May 20239:53 amRNSDirector/PDMR Shareholding
22nd May 20239:46 amRNSDirector/PDMR Shareholding
16th May 20237:00 amRNSExclusive Agreement Signed with Collins Aerospace
4th May 20237:00 amRNSKey Performance Indicators Q3 FY2023
17th Apr 20239:29 amRNSDirector/PDMR Shareholding
13th Apr 202312:36 pmRNSDirector/PDMR Shareholding
11th Apr 202311:15 amRNSPDMR Shareholding
6th Apr 20232:45 pmRNSDirector/PDMR Shareholding
5th Apr 20239:08 amRNSPDMR Shareholding
31st Mar 202312:26 pmRNSPDMR Shareholding

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.