Artificial Intelligence | News | Insights | AiThority
[bsfp-cryptocurrency style=”widget-18″ align=”marquee” columns=”6″ coins=”selected” coins-count=”6″ coins-selected=”BTC,ETH,XRP,LTC,EOS,ADA,XLM,NEO,LTC,EOS,XEM,DASH,USDT,BNB,QTUM,XVG,ONT,ZEC,STEEM” currency=”USD” title=”Cryptocurrency Widget” show_title=”0″ icon=”” scheme=”light” bs-show-desktop=”1″ bs-show-tablet=”1″ bs-show-phone=”1″ custom-css-class=”” custom-id=”” css=”.vc_custom_1523079266073{margin-bottom: 0px !important;padding-top: 0px !important;padding-bottom: 0px !important;}”]

Arcure Joins the CITF in Hong Kong and Boosts Its International Development

Arcure, a French SME specialising in artificial intelligence applied to image processing in industry, is further developing its commercial presence in Asia through its integration into the Hong Kong based CITF (Construction Innovation & Technology Fund), thereby ensuring that its intelligent camera, Blaxtair, will benefit from the programme’s financial advantages and reputation.

Since its launch on the stock market last year, more than 50% of Arcure’s sales have been through export markets with Blaxtair. Arcure equips industrial sites and mega-worksites across the globe: EOLE at La Défense, Crossrail in London, WestConnex in Sydney, the Tokyo Olympic Games… And after Japan, Arcure will be pursuing its Asian road map with the opening of an office in Hong Kong.

Recommended AI News: BlackBerry Enhances North America Partner Program

The CITF was created to encourage the development of innovative practices to improve productivity, environmental performance and worksite safety. Products are subsidised at 70% of the purchase amount (with an $800k ceiling). In high demand in Hong Kong, it will allow Arcure to equip many industrial sites and worksites. Blaxtair is also now on display in the INFINITY space at CITAC (Construction Innovation and Technology Application Centre) in Hong Kong.

Related Posts
1 of 40,417

Recommended AI News: We Live and Breathe Data and Technology – Sans Ego: Silverbullet CEO Ian James

“Integration into this scheme will enable us to accelerate our development in the Asian market. The fact that Blaxtair® has been recognised, in a region that enjoys an exemplary reputation for its construction practices, pushes us to innovate to improve safety and security on industrial sites,” highlights Franck Gayraud, Arcure CEO.

Blaxtair deploys AI algorithms and stereovision to prevent industrial vehicles from colliding with pedestrians in close proximity. Ten years since its launch, the product remains unique in the global marketplace, with more than 7000 systems sold in around thirty countries.

Recommended AI News: Spherix Incorporated Changing Name to AIkido Pharma Inc. to Reflect Increased Focus on AI and ML in Drug Development

Comments are closed, but trackbacks and pingbacks are open.