Network Optix
18.1.2024 17:03:09 CET | ACCESS Newswire | Press release
WALNUT CREEK, CA / ACCESSWIRE / January 18, 2024 / Network Optix, Inc. (Nx), a premier developer of enterprise video platforms, proudly announces the acquisition of Scailable BV, an innovative cloud-to-edge AI deployment and fleet management startup based in the Netherlands.
To view this piece of content from www.accesswire.com, please give your consent at the top of this page.Scailable's cutting-edge development, deployment, and management tools allow AI developers or data ops teams to seamlessly deploy AI models from the cloud to any edge hardware device, re-train them, and manage an infinite fleet of edge AI pipelines. This not only streamlines operations but does so while minimizing spent time, effort, and cost.
By integrating Scailable's tools as a component of the Network Optix Video Platform, Network Optix and Scailable aim to supercharge the extraction of actionable intelligence from video, turning it into a powerful data sensor, accessible to anyone.
Data derived from video has become a crucial element in organizational and government operations, and plays a pivotal role in data-collection and automated decision-making used to optimize operational efficiency. Intelligent video has already solidified its presence in industries such as Manufacturing, Logistics, Smart City, Transportation, Data Operations, and many more (read more here).
With the incorporation of Scailable's capabilities into the Network Optix Video Platform, Nx aims to empower developers and organizations to create and deliver customized and ever-evolving solutions, with a fraction of the resources.
"We are thrilled to welcome Scailable as the new member of our Nx global family," said Nathan Wheeler, Chairman and CEO of Network Optix. "Their disruptive edge AI management software supercharges our enterprise video platform, empowering organizations and businesses worldwide to unlock the full potential of video data to drive innovation in operational intelligence."
Prof. Dr. Maurits Kaptein, CEO of Scailable, added, "We are excited to join forces with Network Optix, bringing the benefits of edge AI - increased user privacy, reduced carbon footprints, and faster response times - to a global stage. Together, we can ensure real-time AI-generated insights on any video stream without the heavy and costly cloud processing."
The combined solution is expected to be available to customers in Q3 2024.
About Network Optix: Network Optix is a premier enterprise video platform provider for security, transportation, smart city, and smart building markets. Our award-winning platform helps organizations improve security, protect assets, optimize operations, and reduce costs. Headquartered in Walnut Creek, California, Network Optix serves customers on every continent.
About Scailable BV: Scailable BV, founded in Eindhoven in 2020, is a Dutch company on a mission to make edge AI model management and deployment effortless and hardware agnostic. The Scailable AI manager enables the deployment of trained AI models over-the-air, without device-specific engineering, to various devices and chipsets, allowing AI solution developers to leverage specialized AI hardware without re-engineering their models or software.
To find out more, click here for the full Network Optix blog post.
Contact Information
Press and Media
media@networkoptix.com
SOURCE: Network Optix
To view this piece of content from stats.newswire.com, please give your consent at the top of this page.View the original press release on newswire.com.
To view this piece of content from www.accesswire.com, please give your consent at the top of this page.About ACCESS Newswire
Subscribe to releases from ACCESS Newswire
Subscribe to all the latest releases from ACCESS Newswire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from ACCESS Newswire
Innodata Reports Fourth Quarter and Full Year 2025 Results26.2.2026 22:05:00 CET | Press release
48% Full-Year Revenue Growth and Strong Q4 Results Anticipates ~35%+ Revenue Growth in 2026 with Expanding Customer Diversification Announces Innovations in Dataset Creation and Evaluations for LLMs, AI Agents, and Physical AI (Robotics) NEW YORK CITY, NY / ACCESS Newswire / February 26, 2026 / INNODATA INC. (Nasdaq:INOD) today reported results for the fourth quarter and the year ended December 31, 2025. Revenue of $72.4 million for the three months ended December 31, 2025, representing 22% year-over-year organic revenue growth. Revenue of $251.7 million for the year ended December 31, 2025, representing 48% year-over-year organic revenue growth. Adjusted EBITDA of $15.7 million for the three months ended December 31, 2025, an increase of $1.6 million, or 11%, from $14.1 million in the same period last year.* Adjusted EBITDA of $57.9 million for the year ended December 31, 2025, an increase of $23.3 million, or 68%, from $34.6 million in the same period last year.* Net income of $8.8 m
Loar Holdings Inc. Reports Q4 2025 and Full Year 2025 Record Results, and Upward Revisions to Full Year 2026 Outlook26.2.2026 14:30:00 CET | Press release
WHITE PLAINS, NY / ACCESS Newswire / February 26, 2026 / Loar Holdings Inc. (NYSE:LOAR) (the "Company," "Loar," "we," "us" and "our"), reports record results for the fourth quarter and full year of 2025 and upward revisions to the full year 2026 outlook. "As we close the year, I am pleased to report that Loar once again delivered record results across key financial metrics, including Net Sales, Adjusted EBITDA, and Adjusted EBITDA Margin," said Dirkson Charles, Loar CEO and Executive Co‑Chairman of the Board of Directors. "Driven by favorable end‑market dynamics and disciplined execution across the organization, our team delivered strong operating performance while advancing our long‑term value creation strategy. These results underscore the scalability and resilience of our business model and reinforce Loar's position as a leading aerospace and defense component supplier. We also successfully completed the acquisitions of LMB Fans & Motors and Harper Engineering, further strengthening
U.S. Polo Assn. Returns as Official Apparel and Jersey Sponsor of the 2026 Dubai Polo Gold Cup for Third Consecutive Year26.2.2026 13:00:00 CET | Press release
WEST PALM BEACH, FL AND DUBAI, UAE / ACCESS Newswire / February 26, 2026 / U.S. Polo Assn., the official sports brand of the United States Polo Association (USPA), proudly served as the Official Apparel and Jersey Sponsor of the 2026 Dubai Polo Gold Cup, held January 28 through February 14 at the renowned Al Habtoor Polo Club in Dubai, United Arab Emirates.Dubai Wolves by Thera with their trophy on stage at the Dubai Polo Gold Cup 2026 at the Al Habtoor Polo Club Photo Credit: Margarita Crotto Now marking its third consecutive year supporting the prestigious tournament, U.S. Polo Assn. provided custom performance jerseys to participating teams, apparel for event staff, and exclusive player prizes for the finalists. Spectators joined in the excitement during the traditional divot stomp with a special U.S. Polo Assn. cap giveaway, adding a spirited fan moment to the two-week competition in the UAE. The 2026 Dubai Polo Gold Cup Final delivered an electrifying showdown of world-renowned pl
Innovation Holds Key to Future Growth, New Research from Ipsos, Alchemy-RX and Market Logic Finds26.2.2026 10:00:00 CET | Press release
Global organisations are doubling down on innovation and consumer understanding, as they look to grow revenues in the next three years. LONDON, UK / ACCESS Newswire / February 26, 2026 / A new study, Innovation Reignited: C-Suite insights on the state of innovation, from Ipsos, Alchemy-RX and Market Logic reveals that innovation is rapidly becoming the cornerstone of corporate growth strategies worldwide. According to the findings of the survey of C-Suite executives, 82% of companies expect innovation to drive growth strategy. Still, only the most ambitious leaders (33%) anticipate this will account for more than 20% of revenue in the next three years. However, with respondents reporting that less than 75% of innovation launches meet all their launch goals, the risk of missing ambitious growth targets is significant for those who do not optimise their innovation processes. Deeper customer understanding is key While the need to adopt a customer-centric approach to every stage of innovat
Telestream Advances Production-Ready AI Across Its Product Portfolio26.2.2026 09:00:00 CET | Press release
New AI capabilities drive smarter automation, enriched metadata, and assisted workflow design for live and file-based workflows on-premises and in the cloud NEVADA CITY, CA / ACCESS Newswire / February 26, 2026 / Telestream, global leader in media workflow technologies, today announced expanded practical AI enhancements across its Vantage, Vantage Cloud, EDC, Stanza, and Qualify product lines. Building on the foundation introduced with Vantage AI in 2025, Telestream is advancing its production-ready AI workflows, accelerating localization, strengthening quality control, and introducing new AI-assisted workflow design capabilities that connect and unify enterprise operations across on-premises, cloud, and hybrid environments. The latest enhancements reflect a shift from introducing AI features to operationalizing AI across the enterprise, driving measurable workflow impact across ingest, processing, compliance, and delivery. "Last year we introduced Vantage AI as a new foundation for in
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom
