Amidst the fierce competition in the world of artificial intelligence dominated by global tech companies, an AI startup in Taiwan has emerged as the pioneer in the field of edge AI. Kneron was founded by a young Taiwan native Albert Liu, and received funding from renowned investors including Himax, Qualcomm, CDIB, Alibaba Entrepreneurs Fund and Horizons Ventures, the private technology investment arm of Mr Li Ka-Shing. Today, Kneron is unveiling its ground-breaking 3D artificial intelligence solution and edge AI chip.
Named after its release date of May 20th, Kneron’s debut AI Chip “KL520” has the best-in-class power efficiency only consuming a few hundred mega-watts, bringing AI computation power to edge devices for various applications.
Building Global Partnerships to Bring AI to the Masses
Further to the KL520 edge AI chip release, Kneron is also announcing partnerships with industry leaders to bring their chip into our everyday lives. Partnerships include fabless IC maker Etron Technology Inc., US-listed company Himax Technologies Inc. (NASDAQ: HIMX), enterprise PC OEM AAEON Technology Inc., 3C solution provider Alltek Technology Corp, renowned ODM players Pegatron, as well as 3D sensing provider Orbbec, and IC design house Datang Semiconductor.
Founded in 2015, Kneron is headquartered in San Diego. Founder Albert Liu graduated from National Cheng Kung University, received his PhD from UCLA, and subsequently worked at Qualcomm, Samsung Electronics and MStar, developing advanced AI systems.
Proprietary Reconfigurable Architecture to Bring Efficient AI Solutions On-Device
The KL520 edge AI chip is a culmination of Kneron’s core technologies, combining proprietary software and hardware designs to create a highly efficient and ultra low-power Neural Processing Unit (NPU). Running AI computations on the end device will help generate real-time insights without relying on the cloud.
In particular, KL520 is equipped with a unique reconfigurable architecture which allows the chip to run a number of different convolutional neural networks (CNN) based on different applications, regardless of its kernel size, architecture requirements or input size. In turn, the chip is able to achieve a very high MAC (media access control) efficiency, a key metric for efficient computation. This software innovation allows the chip to dynamically adjust its function based on applications needs, in order to achieve maximum efficiency. The KL520 is also equipped with a proprietary compression technology that is able to compress a large AI neural network into a very small footprint to process on the edge device, without sacrificing large amounts of power.
Kneron’s software and hardware innovations are truly a breakthrough in the development of edge AI. By bringing elements of reconfigurability and compression onto the chip, the KL520 is bringing AI computation to various end-devices that operate under low-powered environments.
Features and targeted applications for the KL520:
- Low-powered with a small physical footprint
- The KL250 can run alongside a main chip as a co-processor; will not need a replacement chip
- For smart door lock applications, KL520 includes two ARM Cortex M4 CPU, which can serve as the main processor.
- Balances the need of performance, power and cost to bring the best solution for edge applications
- Applicable to various 3D sensor technologies such as structured light, dual-camera and ToF, and Kneron’s exclusive 3D sensing technology
- Well-suited for applications including smart locks, security cameras, drones, smart home appliances and robotics
During the product launch event, Kneron’s Founder and CEO, Albert Liu said: “We are determined to deliver the best-in-class edge AI solution to the market. The results that we have achieved over the past four years are very promising, and we are proud to receive recognitions from industry partners for our innovations.”
Liu also mentioned that Kneron will be releasing its second-generation chip during Q4 this year, targeted toward the surveillance and security market. The team will also be exhibiting at CES Asia 2019 in June, showcasing Kneron’s latest products to partners and potential customers.
SOURCE Kneron Inc.
Plant Asset Management Market (PAM) Worth $9.4 Billion by 2024 – Exclusive Report by MarketsandMarkets™
According to the new market research report “Plant Asset Management Market (PAM) by Offering (Software and Services), Deployment Mode (Cloud-based and On Premises), Asset Type (Production Assets and Automation Assets), End-user Industry (Process and Discrete), and Geography – Global Forecast to 2024″, published by MarketsandMarkets™, the Plant Asset Management Market is projected to grow from USD 5.5 billion in 2019 to USD 9.4 billion by 2024, at a CAGR of 11.3%. Major factors fueling the market growth include surging adoption of lean manufacturing practices by several organizations, increasing focus on providing cloud-based PAM solutions to satisfy customer demands, escalating demand for asset management software that can identify potential failures to avoid futuristic loss, and growing need for real-time data analytics.
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“Services to lead plant asset management market by 2024”
The deployment of PAM software is a costly process and a one-time activity, whereas PAM services that include maintenance needs, software upgrades, and personnel training are demanded by end-user industries continuously. Hence, PAM services have a more significant contribution to generating more revenue than PAM software solutions. Further, market players are focusing on offering industry-specific services to meet the ever-changing demands of different industries.
“Production assets to hold largest share of PAM market during forecast period”
Rising adoption of PAM solutions for monitoring rotating and reciprocating equipment, among others, across various industries is expected to drive the growth of the PAM market during the forecast period. Moreover, incidents of unplanned shutdowns or slowdowns due to equipment failures lead to high financial loss in terms of damage to equipment, production losses, and unscheduled maintenance. However, real-time health and performance insights encourage informed actions and decisions to improve plant efficiency minimizing risks of equipment failure, thereby reducing the wastage of valuable finances. Hence, the demand for PAM solutions is high to manage these production assets.
Browse in-depth TOC on “Plant Asset Management Market“
109 – Tables
52 – Figures
178 – Pages
“Asia Pacific to be largest market for PAM during forecast period”
Asia Pacific presents a substantial market for PAM. The PAM market in APAC is growing rapidly due to several advancements and technological innovations in different manufacturing industries. The adoption of PAM solutions is high in APAC due to the growing manufacturing sector in the region. Most of the key manufacturers from different industries have shifted their manufacturing plants in APAC due to the low labor cost and availability of a skilled workforce. These manufacturing units are using asset management solutions for the improvement in the overall manufacturing processes, which is expected to drive the growth of the PAM market in the region.
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Major players in the PAM market are Emerson (US), Honeywell (US), Rockwell (US), ABB (Switzerland), Schneider (France), Yokogawa (Japan), General Electric (US), Siemens (Germany), and SKF Group (Sweden).
Please Explore Relevant Reports:
Smart Factory Market by Technology (DCS, PLC, MES, ERP, SCADA, PAM, HMI, PLM), Component (Sensors, Industrial Robots, Machine Vision Systems, Industrial 3D Printing), Industry, and Geography – Global Forecast to 2024
Process Automation & Instrumentation Market by Instrument (Field Instrument, Control Valve, Analytical Instrument), Solution (APC, DCS, HMI, MES, PLC, Safety Automation, SCADA), Industry, and Geography – Global Forecast to 2024
Happy Lunar New Year! Canada Post celebrates Year of the Rat
Canada Post has issued two stamps celebrating the Year of the Rat – representing the first year in the Lunar New Year cycle and the final issue in a second 12-year series honouring the annual festival.
The Year of the Rat begins on January 25, 2020, and ends on February 11, 2021. A symbol of fertility and intelligence, the rat is said to confer great cunning, tact and vitality on those born under its sign.
Designed by Albert Ng (O.Ont.) and Seung Jai Paek, of Albert Ng and Associates, the stamps portray the traditional story of the rat’s daughter’s wedding in the style of folk art known as Chinese farmer painting. The Permanent™ domestic-rate stamp depicts the bride on route to her nuptials, while the International-rate stamp reveals the happily married couple.
The Year of the Rat stamps will be available tomorrow, January 17, in Permanent domestic- and International-rate booklets, as well as a gummed pane of 25 domestic-rate stamps framed by four Chinese blessings. Philatelic collectibles include an unsealed, International-rate Official First Day Cover suitable for use as a “money envelope” for traditional gift-giving.
SOURCE Canada Post
Announcing the Anti-Human Trafficking Intelligence Initiative and Honoring Human Trafficking Awareness Month
Assisting the Fight
Across the United States, human trafficking exists everywhere, even in your local town square. The horrifying statistics drove Aaron Kahler to found the Anti-Human Trafficking Intelligence Initiative, a non-profit dedicated to partnering with financial institutions, corporations and law enforcement to combat human trafficking.
“ATII will deliver innovative solutions to disrupt human trafficking networks by assisting financial gatekeepers in identifying, reporting and terminating relationships with associated customers,” says Aaron Kahler, CEO of ATII.
For example, nestled into a pristine part of the Poconos, Stroudsburg is an idyllic borough in Pennsylvania, a vibrant town, a vacation haven. Last week in Stroudsburg, the US Attorney’s Office in Pennsylvania announced that Sirvonn Taylor, was sentenced to 20 years’ imprisonment for heading-up a conspiracy that forced women to engage in prostitution. In this bucolic town, “Females were ‘sexed-in’ to the gang, forced to engage in sex with members and recruited to engage in prostitution.” PR 1.6.2020
ATII will disrupt the way traffickers operate around major events nationwide starting at this year’s Super Bowl in Miami, FL with the release of a human trafficking awareness and victim outreach mobile application. The application allows victims to scan a QR code where necessary help can be accessed in her primary language.
Driving Corporate Social Responsibility
Relying on technology/data partnerships and corporate social responsibility leadership, ATII has been able to curate initiatives and provide resources to organizations including:
- High Risk Trafficking Data that can be leveraged through any transaction monitoring, sanctions or onboarding technology
- E-learning that can be utilized by institutions to comply with anti-money laundering regulatory requirements
Networking and Partnerships Extend the Battle Against Human Trafficking
Leveraging ATII’s programs, best practices, data, technology and reporting mechanisms in as many financial institutions as possible will directly result in Suspicious Activity Reports (SARs) being filed on human trafficking and ultimately save lives while bringing traffickers to justice.
SOURCE Anti-Human Trafficking Intelligence Initiative
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