Veda Labs | MeitY Raise 2020 AI Showcase
Blog: NASSCOM Official Blog
Name / Organization: Veda Labs (Macher Labs Pvt Ltd)
Co-founders: Veer Mishra , Saurabh Shandilya & Saurabh Yadav ,
Title of Project: Veda Labs – Computer vision Platform for Video Analytics
Use of AI:
The platform works on Machine vision and image classification technology generate data points by analysing existing CCTV footage, AI works on analyzng the video feeds and generate data points for various Critical part of the business,
Applications:
Sl. No. Benefits Target Market
1 Video analytics Platform Infrastructure
2 Advance Facial recognition Solution Retail & Infra
3 Camera Health Management systems Infrastructure& Warehousing
4 COVID19 AI Kit Retail, Hospitality,
5 AI Platform for Connected devices Industry 4.0
6 Fever and Mask Detection Retail, Hospitality,
7 Social Distancing in Video Feeds Retail, Hospitality,
Journey So far:
In 2018, team started building it’s product for retail vertical. Got incubated at NASSCOM CoE in 2019, and then got selected by Silicon valley based Alchemist Accelerator. Raised a Strategic Investment from Satin Neo Dimensions (India largest Wayfinding Solution Provider) in 2019. By early 2020, the deployments included Panasonic, BMW, VMart, Royal Enfield, Confetti, Blue Tokai. In 2020, when the whole world was affected by COVID19, the company leveraged its AI based solution to build & deploy a unified solution that allows to monitor key parameters like social distancing, mask detection, fever screening, space occupancy & sanitization alerts in real time to keep the facility safe. Started with 6 people, have now onboarded Advisors like Ravi Belani, Mukesh Mowji, Gnani Palanikumar, Sean Shepperd.
About:
A business generates data every second and it’s scattered everywhere. With the help of the Deep Learning modules and connected devices capabilities, Veda Labs’ solution makes it easier for businesses to gain deep customer insights. The platform provides restful APIs for:
- Image Filtration & segmentation
- Facial recognition
- Object Detection
- Camera/Device health etc,
- Sensor / Device Onboarding
These data points can be also obtained or received in Api, Json, Excel format through web-based Dashboard. The Solution is used by Retail enterprises to determine various matrix on a real-time basis like:
- Footfall & Demographics
- Unique versus repeat customers
- Loitering time of the consumers
- Extraction of products are hot with each age group, gender etc
- Interaction time with sales executive & Bounce Rate
Towards the first quarter of 2020, the team leveraging its AI capabilities started to deploy the COVID AI kit. By analysing CCTV feeds, the platform is able to accomplish:
- Real-time fever screening at ±0.05deg accuracy
- Keeping a track on Social distancing
- Mask detection on each walking in person
- Space/floor occupancy alerts.
- Sanitization frequency checks
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