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SEE Seeing Machines Limited

4.28
0.01 (0.23%)
Last Updated: 15:02:25
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Seeing Machines Limited LSE:SEE London Ordinary Share AU0000XINAJ0 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.01 0.23% 4.28 4.245 4.285 4.34 4.15 4.205 2,526,591 15:02:25
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Computer Related Svcs, Nec 57.77M -15.55M -0.0037 -11.57 177.88M

Gartner Names Seeing Machines as a 2015 "Cool Vendor" in Automotive Electronics

22/06/2015 1:30pm

PR Newswire (US)


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CANBERRA, Australia, June 22, 2015 /PRNewswire/ -- Gartner, the world's leading information technology research company, has named Seeing Machines, (AIM: SEE), the AIM-listed company with a focus on operator monitoring and intervention sensing technologies and services, in its exclusive May 5, 2015 "Cool Vendor in Automotive Electronics" report by James F. Hines and Werner Goertz.

The Cool Vendors profiled in the report "have developed innovative technology in the areas of human-machine interface, embedded vision processing and laser-based sensing for automotive applications." Seeing Machines' proven computer-vision technology that tracks driver eye and facial movement is currently used in the mining and fleet industries. The Company is working in partnership with Boeing, Electo Motive Diesel and Takata to expand into aerospace and rail and is also expected to deploy into passenger cars as early as 2016.

In the report, Gartner wrote: "By monitoring a driver's gaze, the potential impact of fatigue, lack of focus on traffic or severe health events become detectable in real time, triggering: an alert to the driver and dispatch/monitoring staff; an automated response by the vehicle electronics (come to safe stop or flashing lights, for example); an automatic alert to emergency services in a case of a life-threatening health event; and drive event recordings for later forensic analysis." The report continued, "In addition to driver safety, the automobile HMI is an important growth area for hands-free UIs: legacy controls, such as lights, wipers and windows, and the introduction of infotainment, mobile communications and navigation require a richer set of instructions and commands."

Ken Kroeger, CEO of Seeing Machines, added "Seeing Machines' inclusion in this report is great third party recognition of our technology. Distracted and fatigued driving in the mining and fleet sectors is a hazard faced by many professionals with implications to the general public. However, it's not just a problem in those industries. Our R&D teams are hard at work understanding how to best deploy this lifesaving technology in a number of different industries. We are looking to continue to innovate and create technologies that make life safer and more productive."

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Seeing Machines

Seeing Machines, (AIM: SEE) is focused on operator monitoring and intervention sensing technologies and services. With more than 15 years of experience, Seeing Machines uses advanced detection and prevention safety assistance technologies to track eye and facial behaviour in order to monitor fatigue, and distraction events, like microsleeps, texting and cell phone use as they occur, while providing for a real-time intervention strategy, which improves operator, driver and environmental safety, preserves assets, and reduces risk. Seeing Machines' technology is used worldwide across the automotive, mining, transport and aviation industries; as well as many of the leading academic research groups and transportation authorities. Seeing Machines is headquartered in Australia and has offices in Tucson, Arizona, Mountain View, California and Santiago, Chile. The Company has strategic alliances with Caterpillar, Takata and Eye Tracking Inc. and counts companies such as BHP Billiton, Freeport McMoran, Toll Holdings and Boeing amongst its customers.

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/gartner-names-seeing-machines-as-a-2015-cool-vendor-in-automotive-electronics-300102401.html

SOURCE Seeing Machines

Copyright 2015 PR Newswire

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