NEWSWIRETODAY Press Release& Newswire Distribution | HOME
MOST TRUSTED NEWSWIRE PRESS RELEASE DISTRIBUTION
PRTODAY / NewswireToday press release distribution service network
Written by / Agency / Source: Yokogawa Electric Corporation
Check Ads Availability|e-mail Article

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Yokogawa Acquires Danish Startup Grazper Technologies, Specialists in AI for Image Analytics - Yokogawa Electric Corporation announces that on March 20, 2020, it completed the acquisition of all shares in Denmark-based Grazper Technologies ApS (Grazper), as mutually agreed - Grazper.com / Yokogawa.com
Yokogawa Acquires Danish Startup Grazper Technologies, Specialists in AI for Image Analytics

 

NewswireToday - /newswire/ - Tokyo, Japan, 2020/03/25 - Yokogawa Electric Corporation announces that on March 20, 2020, it completed the acquisition of all shares in Denmark-based Grazper Technologies ApS (Grazper), as mutually agreed - Grazper.com / Yokogawa.com. TOKYO: 6841

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Engineering / Artificial Intelligence Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Grazper has developed advanced artificial intelligence (AI) technologies for analyzing images, and Yokogawa aims to leverage these technologies within its various existing businesses and to develop new industrial AI solutions.

Recent advances in deep learning and related technologies have enabled the practical application of AI in industry, and it is expected that as image identification and data forecasting accuracy continue to improve, the use of AI will only expand further. In particular, by improving the recognition accuracy for moving imagery, it becomes possible to observe the overall environment and context of the whole image, opening up new applications in the security field and for image analysis and robot operations on production lines.

Grazper (grazper.com) is a venture company founded in Copenhagen, Denmark in 2015, and later funded by Danish venture capital firm Promentum Equity Partners. It possesses advanced AI-based technologies for image analysis, and one notable strength is a solution that allows AI software to run efficiently on a field-programmable gate array (FPGA*), a type of integrated circuit. The software employs image recognition methodologies that have been theorized using algorithms and 3D modeling, and it can be operated with limited computing resources.

Yokogawa is developing and providing AI-based solutions for plants and public infrastructure projects. Acquiring Grazper's technology will enable the company to provide solutions that use AI for image analysis, such as capturing image information for robots, detecting abnormalities at plants, and monitoring security using cameras. As a first step, Yokogawa's subsidiary, amnimo Inc., will embed Grazper's FPGA IP core into its Edge Gateway industrial LTE gateway, which is currently under development. This will make possible solutions for smart city projects and security applications targeting airports and railways.

As part of Yokogawa's Transformation 2020 mid-term business plan, the company is working with customers on digital transformation initiatives that utilize technologies such as AI and IoT. Through this acquisition and the addition of new technology, Yokogawa will create new value by co-innovating with customers.

* A device that allows the immediate rewriting of the logic circuit design in the hardware language

Outline of Grazper Technologies ApS
Location: Copenhagen, Denmark
Founded: April 2015
CEO: Thomas Jakobsen
Business domain: Development of AI technologies and solutions that utilize imagery.

About Yokogawa

Founded in 1915, Yokogawa (yokogawa.com) engages in broad-ranging activities in the areas of measurement, control, and information. The industrial automation business provides vital products, services, and solutions to a diverse range of process industries including oil, chemicals, natural gas, power, iron and steel, and pulp and paper. With the life innovation business, the company aims to radically improve productivity across the pharmaceutical and food industry value chains. The test & measurement, aviation, and other businesses continue to provide essential instruments and equipment with industry-leading precision and reliability. Yokogawa co-innovates with its customers through a global network of 113 companies spanning 60 countries, generating US$3.6 billion in sales in FY2018.

The names of corporations, organizations, products, services and logos herein are either registered trademarks or trademarks of Yokogawa Electric Corporation or their respective holders.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Engineering / Artificial Intelligence Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Yokogawa Electric Corporation

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick NewswireToday Visibility Checker

 

Distribution / Indexing: [+]  / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Engineering / Artificial Intelligence articles,
CATCH Visitors via Your Competitors Announcements!


Yokogawa Acquires Danish Startup Grazper Technologies, Specialists in AI for Image Analytics

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name NewswireToday and LINK as the source.
 
Publisher Contact: Press Office - Yokogawa.com 
+81 422-52-5535 press[.]yokogawa.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Yokogawa Electric Corporation securities in any jurisdiction including any other companies listed or named in this release.

Engineering / Artificial Intelligence via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Yokogawa Electric Corporation / Company Profile


Read Engineering / Artificial Intelligence Most Recent Related Newswires:

NEC Develops Neuroscience-inspired AI Technology for Time Series Analysis
Yokogawa Selects C3 AI Suite to Enhance Enterprise AI Applications
Beyond Limits Recognized by Frost & Sullivan with 2021 Global Company of the Year Award - Cognitive AI Driving Operational Efficiencies
ABB Launches World’s Fastest, Most Sensitive Drone-based Gas Leak Detection and Greenhouse Gas Measuring System
XSENSOR’s Industry-leading Intelligent Dynamic Sensing Platform Applauded by Frost & Sullivan
Invision AI, Thales and Metrolinx are Successfully Reshaping the Future of Autonomous Rail
Voith Presents A New Data Diagnostics System - OnCare.Health Vorecon
Waygum’s Best Practices-backed Growth in the Mobile BaaS Market Earns it Accolades from Frost & Sullivan
ABB Launches Next Generation Cobots to Unlock Automation for New Sectors and First-time Users
ABB Recognized as A Globally Leading Innovative Corporation
Global Augmented and Virtual Reality Market Expected to Reach 1.40 Billion by 2025 Finds Frost & Sullivan
Mitsubishi Power Lauded by Frost & Sullivan for Enabling Autonomous Plant Operations with its TOMONI™ Digital Solutions Portfolio
AI-based Platforms Transform the Global Water Sector Finds Frost & Sullivan
Leonardo will Develop the Diagnostic Infrastructures of the ITER Reactor and the Related Engineering Services
Data Analytics and Artificial Intelligence to Propel Smart Water and Wastewater Leak Detection Solutions Market Finds Frost & Sullivan

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  SlideUpLift

Visit  Limelon Advertising, Co.





 
  ©2021 NewswireToday — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com newswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are proudly NOT affiliated with USA TODAY (usatoday.com)