Corsight joins facial recognition market with launch of global operations
Corsight AI has reached global operations to offer its biometric facial recognition solutions for professional security and business intelligence applications.
The company’s neural network-based real-time facial recognition and autonomous AI technology emerged from research at the Technion – Israel Institute of Technology, and the company announced in April it had raised $5 million in funding from Canadian Awz Ventures.
Corsight says that its autonomous AI has a higher level of intelligence than deep learning-based solutions, and mimics the way humans interpret sensory input for better anticipation and prediction of events and understanding of surroundings. In practice, this allows Corsight technology to recognize faces at extreme angles with high speed and accuracy, even in different lighting and environmental conditions, according to the announcement.
More than 250 patent registrations back Corsight technology, the company says.
Applications for the technology include identification and access control credentialing or people with occluded faces, such as by masks, people counting, anomaly detection and forensic analysis. Corsight says its solutions are developed with extensive provisions for protecting individual’s privacy engineered in.
“The COVID-19 pandemic has accelerated the immediate demand for innovative security technologies. Just a few months ago we all believed that the new autonomous AI facial recognition solution we were preparing to launch was far ahead of its time. As it turns out, it is just in time,” says Gadi Piran, CEO of Corsight. “Corsight facial recognition delivers the power to unlock the massive volumes of data captured by any video source, organize it into comprehensible intelligence, and deliver actionable insights while setting new standards in performance and personal privacy.”
Piran adds that it was the new capabilities of facial recognition technology that drew he and his fellow founders, all three former executives and founders of OnSSI, back to the industry.