Applications for Embedded Vision
Practical computer vision technology is being developed for systems that span virtually every application, and many of these application areas will experience huge growth rates. With products such as those showcased in the "Eye-Catching Clips"section of the website demonstrating what is possible, system designers have discovered that the suppliers of computer vision technology have removed the barriers to building practical computer vision systems—unleashing a huge wave of innovation for new products and applications. However, how does a product strategist determine whether an innovation will lead to business success?
Using market research to fully understand the applications and develop winning products
The Applications section of the Embedded Vision Alliance website includes analysis by IMS Research, acquired by IHS in March 2012. For many years, IHS has covered video content analysis (VCA), also known as intelligent video technology, in its highly regarded market research reports. Although the majority of VCA deployments have to date been for security applications, IHS believes that this technology is poised for incredible growth across a wide variety of vertical markets.
According to IHS Vice President of Technology Ian Weightman, “Key elements of an intelligent video solution, including compute engines capable of processing HD digital video streams in real-time, high capacity solid state storage capabilities, and advanced video analytic algorithms, have finally evolved to the point where performance has increased and costs have fallen sufficiently to enable commercial products to be developed.”
IHS and the Embedded Vision Alliance share a common vision of the future that involves the incorporation of practical computer vision in a wide variety of applications, impacting nearly every aspect of our daily lives. Both organizations have a strong belief that practical computer vision is the “next big thing,” much as cellular phones were in the 1980’s.