The report places ViSenze with four other emerging vendors with compelling and differentiated offerings in the rapidly evolving computer vision market
SINGAPORE–(BUSINESS WIRE)–#AI–Today, ViSenze announced it has been named an IDC Innovator in the recently published report, IDC Innovators: Computer Vision Software, 2019*. The report profiles four notable emerging vendors that have demonstrated innovative new computer vision software.
IDC defines computer vision as “an AI technology that allows computers to understand and label images” and which is “used for pattern recognition and learning techniques driven largely by machine learning (ML) and deep learning (DL) algorithms that bring visual understanding capabilities in a growing variety of hardware and software applications.” The market for computer vision is rapidly evolving, with a myriad of organizations using the technology to augment the skills of workers, automate business processes, increase efficiencies, and/or reduce costs. ViSenze is identified as a provider that enables consumers to find and compare products using images and / or screenshots, find visually-similar recommendations using images, and activate “visual search” natively from different applications.
“Since our founding, ViSenze has been on a mission to create innovative vision-led AI solutions that power seamless shopping experiences across different platforms. It’s been our commitment to democratize the technology that enables this, and we’re constantly improving on it to create a better, faster, and smarter solution,” said Oliver Tan, Founder and CEO, ViSenze. “We’re thrilled that our efforts are being recognized and validated by an industry-leading analyst firm and we’re excited to continue to create solutions that meet and exceed the changing demands of consumers.”
To access the full IDC Innovators report, please visit: https://www.idc.com/getdoc.jsp
*Doc #US45100519, August 2019
About IDC Innovators:
IDC Innovators reports present a set of vendors – under $100M in revenue at time of selection — chosen by an IDC analyst within a specific market that offer an innovative new technology, a groundbreaking approach to an existing issue, and/or an interesting new business model. It is not an exhaustive evaluation of all companies in a segment or a comparative ranking of the companies. Vendors in the process of being acquired by a larger company may be included in the report provided the acquisition is not finalized at the time of publication of the report. Vendors funded by venture capital firms may also be included in the report even if the venture capital firm has a financial stake in the vendor’s company. IDC INNOVATOR and IDC INNOVATORS are trademarks of International Data Group, Inc.
ViSenze powers visual commerce at scale for retailers and publishers. The company delivers intelligent image recognition solutions that shorten the path to action as consumers search and discover on the visual web. Retailers like Rakuten and ASOS use ViSenze to convert images into immediate product search opportunities, improving conversion rates. Media companies use ViSenze to turn any image or video into an engagement opportunity, driving incremental revenue.
Venture-backed by Gobi Partners, Sonae IM, Rakuten, and WI Harper, ViSenze is built by web specialists and computer scientists with deep machine learning and computer vision experience. ViSenze has offices in the US, UK, China, South Korea, India, and Singapore. For more information please visit: http://visenze.com/