Clientless Remote Support Software Market 2020 Booming Worldwide With Eminent Key Players Citrix Systems, Inc., Bomgar Corporation, Cisco systems, F5 Networks, Inc., LogMeIn, Inc – Owned

Clientless Remote Support Software Market 2020 Booming Worldwide With Eminent Key Players Citrix Systems, Inc., Bomgar Corporation, Cisco systems, F5 Networks, Inc., LogMeIn, Inc  Owned
“startups when:1d” – Google News

Cisco acquires Modcam to make Meraki smart camera portfolio even smarter

As the Internet of Things, proliferates, security cameras are getting smarter. Today, these devices have machine learning capability that help the camera automatically identify what it’s looking at — for instance an animal or a human intruder? Today, Cisco announced that it’s acquired Swedish startup Modcam and making it part of its Meraki smart camera portfolio with the goal of incorporating Modcam computer vision technology into its portfolio.

The companies did not reveal the purchase price, but Cisco tells us that the acquisition has closed.

In a blog post announcing the deal, Cisco Meraki’s Chris Stori says Modcam is going to up Meraki’s machine learning game, while giving it some key engineering talent, as well.

“In acquiring Modcam, Cisco is investing in a team of highly talented engineers who bring a wealth of expertise in machine learning, computer vision and cloud-managed cameras. Modcam has developed a solution that enables cameras to become even smarter,” he wrote.

What he means is that today, while Meraki has smart cameras that include motion detection and machine learning capabilities, this is limited to single camera operation. What Modcam brings is the added ability to gather information and apply machine learning across multiple cameras, greatly enhancing the camera’s capabilities.

“With Modcam’s technology, this micro-level information can be stitched together, enabling multiple cameras to provide a macro-level view of the real world,” Stori wrote. In practice, as an example, that could provide a more complete view of space availability for facilities management teams, an especially important scenario as businesses try to find safer ways to open during the pandemic. The other scenario Modcam was selling was giving a more complete picture of what was happening on the factory floor.

All of Modcams employees, which Cisco described only as “a small team” have joined Cisco, and the Modcam technology will be folded into the Meraki product line, and will no longer be offered as a stand-alone product, a Cisco spokesperson told TechCrunch.

Modcam was founded in 2013 and has raised $ 7.6 million, according to Crunchbase data. Cisco acquired Meraki back in 2012 for $ 1.2 billion.

Startups – TechCrunch

Rising Opportunities in Industrial Cybersecurity Solution Market 2020-2026| • Startup Ecosystem • Lockheed Martin • Northrop Grumman • Trend Micro • Cisco Systems • Symantec Corporation • Dell • Honeywell • Sophos – Cole of Duty

Rising Opportunities in Industrial Cybersecurity Solution Market 2020-2026| • Startup Ecosystem • Lockheed Martin • Northrop Grumman • Trend Micro • Cisco Systems • Symantec Corporation • Dell • Honeywell • Sophos  Cole of Duty
“startups when:1d” – Google News

Video Conferencing Software Market May See a Big Move | Microsoft, Cisco, Zoho Meeting – Morning Tick

Video Conferencing Software Market May See a Big Move | Microsoft, Cisco, Zoho Meeting  Morning Tick
“startups when:1d” – Google News

Latest News 2020: Public and Personal Safety Market by Coronavirus-COVID19 Impact Analysis With Top Manufacturers Analysis | Top Players: Cisco Systems, Inc. (US), Tyler Technologies Inc. (US), Huawei Technologies (China), LM Ericsson (Sweden), etc. | InForGrowth – Medic Insider

Latest News 2020: Public and Personal Safety Market by Coronavirus-COVID19 Impact Analysis With Top Manufacturers Analysis | Top Players: Cisco Systems, Inc. (US), Tyler Technologies Inc. (US), Huawei Technologies (China), LM Ericsson (Sweden), etc. | InForGrowth  Medic Insider
“sweden startups when:7d” – Google News

COVID-19 Update: Global IoT Connectivity Solutions Market is Expected to Grow at a Healthy CAGR with Top players: AT&T (US), Cisco (US), Verizon (US), Vodafone (UK), Ericsson (Sweden), etc. – 3rd Watch News

COVID-19 Update: Global IoT Connectivity Solutions Market is Expected to Grow at a Healthy CAGR with Top players: AT&T (US), Cisco (US), Verizon (US), Vodafone (UK), Ericsson (Sweden), etc.  3rd Watch News
“sweden startups when:7d” – Google News

IoT Insurance Market To Register Unbelievable Growth | Google Inc. (US), Lemonade Inc. (US) SAP SE (Germany), IBM Corporation (US), Cisco Systems, Inc. (US), Oracle – 3rd Watch News

IoT Insurance Market To Register Unbelievable Growth | Google Inc. (US), Lemonade Inc. (US) SAP SE (Germany), IBM Corporation (US), Cisco Systems, Inc. (US), Oracle  3rd Watch News
“sweden startups when:7d” – Google News

Global Location-Based Services and Real-Time Location Systems Market 2020 | Know the Companies List Could Potentially Benefit or Loose out From the Impact of COVID-19 | Top Companies: Aruba Networks (US), Cisco (US), Google (US), Esri (US), IBM (US), etc. | InForGrowth – 3rd Watch News

Global Location-Based Services and Real-Time Location Systems Market 2020 | Know the Companies List Could Potentially Benefit or Loose out From the Impact of COVID-19 | Top Companies: Aruba Networks (US), Cisco (US), Google (US), Esri (US), IBM (US), etc. | InForGrowth  3rd Watch News
“sweden startups when:7d” – Google News