Artificial Intelligence
Rescale Raises $50 Million in Series C Funding
SAN FRANCISCO, Feb. 02, 2021 (GLOBE NEWSWIRE) — Rescale, the leading hybrid HPC cloud platform enabling intelligent computing for digital R&D, today announced it has closed $50 million in Series C funding from Hitachi Ventures, Microsoft’s M12, Nautilus Venture Partners, NVIDIA, Republic Labs and Samsung Catalyst Fund, bringing the company’s total funding to over $100 million.
Rescale is accelerating cloud adoption for the science and engineering community that is still largely on-premises in private datacenters. Massive markets and more than 80% of the verticals served by Fortune 500 are powered by HPC (total annual spend expected to reach $55 billion by 20241) and computer simulation (total spend estimated to reach $21 billion by 20252). Many workloads in the overall scientific research and development category, estimated at $185 billion in 20203, benefit from the advantages of hybrid public cloud and on-premises computing made possible by Rescale.
“Rescale is the first intelligent HPC cloud platform created specifically for digital R&D empowering the research scientists and engineers who are building the future,” said Joris Poort, CEO and co-founder at Rescale. “In the legacy on-prem HPC cluster world, engineers wait in queues for access to capacity so they can run their jobs, they wrestle with complex software and hardware configurations, and they are generally constrained by IT. Rescale gives engineers simple access to thousands of preconfigured software and hardware profiles, the on-demand capacity of the public cloud provider of their choice, and the ability to focus on R&D outcomes and speeding delivery of new innovation, instead of managing HPC infrastructure.”
Today, only 20 percent of HPC workloads run in the cloud4. The industry dramatically lags Global 2000 enterprise cloud adoption for many reasons. Rescale was founded to bring HPC workloads to the cloud to lower costs, accelerate R&D innovation, power faster computer simulations, and allow the science and research community to take advantage of the latest specialized architectures for machine learning and artificial intelligence without massive capital investments in bespoke new data centers.
Rescale was born out of experiences at Boeing, where co-founders Joris Poort and Adam McKenzie (now CEO and CTO, respectively) were aerospace engineers leveraging machine learning techniques to optimize the 787 wing structure. Their experience building a high performance computing simulation environment led to an epiphany that engineers and scientists around the world had similar requirements and were needlessly constrained by computing capability. Why not find a way to run complex workloads in the cloud, and accelerate their performance with specialized architectures? They founded Rescale to give the R&D and IT community the first hybrid cloud infrastructure platform optimized for HPC. Rescale Backed by Leading Investors
SAMSUNG M12 – MICROSOFT’S VENTURE FUND Today the Rescale platform is the scientific community’s first cloud platform optimized for algorithmically-complex workloads, including simulation and artificial intelligence, plus integrations with more than 600 of the world’s most-popular HPC software applications and more than 80 specialized hardware architectures. Rescale allows any science engineer to run any workload, on any major public cloud, including AWS, Google Cloud, IBM, Microsoft Azure, Oracle and more. Today more than 300 customers already use the Rescale platform, including Aerion Supersonic, Amgen, AGC, Arrival, AZothBio, Bionano Genomics, Boom Supersonic, Denso, Dinex, Doosan, Gaon Chips, ISAR Aerospace, LS Industrial Systems, McCormick Stevenson, Modine, Optisys, Nissan, pSemi, Quadric.io, RWDI, Samsung, Sensatek, Specialized Bicycle Components, SSE Renewables, Toyo, Uniandes, and the University of Pennsylvania.
Customers Accelerating Simulations Building the Next Big Thing in HPC and AI SAMSUNG (EDA) SENSATEK (AEROSPACE) “Reducing product development time by fifty percent by speeding up simulations has allowed us to expand into new markets and generate five new product roadmaps,” said Soto. “We don’t want to be in the business of becoming HPC hardware architecture specialists – we just want to leverage a platform that allows us to use the latest advances that speed up our simulations and get us the results we need to keep creating new IP, which is exactly what Rescale has done for our business.”
AERION (AI) Aerion leverages a Digital Twin model as a virtual representation for its aircraft design, and trains machine learning models and artificial intelligence to surface simulation scenarios (structural dynamics, airplane angles, rudder deflections, weather, wind aerodynamics, etc.). Rescale gives Aerion instant access to the most popular AI / ML libraries (Tensorflow, Keras, Caffe2, PyTorch, Chainer, etc.), pre-configured to run on the latest HPC hardware (NVIDIA Tesla P100 and Tesla V100 GPUs, Intel Skylake Processors, InfiniBand Interconnect, 1TB+ RAM. “We initially built our own cloud capabilities on AWS directly. But with all the one-off simulation jobs we needed to run for design, each would require going to AWS, spinning up instances, writing environments to specific job schedulers, and configuring the software and hardware,” said Egeler. “Then we discovered Rescale, which already has all these AI and ML architectures built for HPC which allowed us to run more simulations, far more efficiently and ultimately, accelerate our aircraft program to the final stages of validation.”
BIONANO GENOMICS “Bionano’s Saphyr system for genome analysis is becoming an important tool in clinical and research settings worldwide,” said Mark Oldakowski, COO of Bionano Genomics. “The deep analysis of structural variants for genetic disorders and cancers requires fast and inexpensive HPC. Through Rescale, Bionano is able to utilize mutli-cloud and regionalized HPC nodes that are secure and optimized for speed and cost. This provides Bionano’s customers with on-demand computing capacity to help them scale while giving me the confidence that I’m offering the best available cloud solution.”
About Rescale Editorial Contact 1 Intersect360, Worldwide HPC 2019 Total Market Model and 2020-2024 Forecast
“Computer simulation, artificial intelligence, and machine learning are accelerating product design cycles in R&D domains across all industries,” said Shankar Chandran, Senior Vice President, and Managing Director, Samsung Catalyst Fund. “The ability to run the latest applications on state-of-the-art Cloud hardware, which take advantage of new specialized architectures, along with the ability to tap into unlimited Cloud capacity with on-demand burst capabilities, has a significant impact on the time-to-market. Rescale is a key enabler for those Enterprises wishing to accelerate R&D through use of a multitude of applications that are run on top of finely tuned compute and storage resources in the Cloud.”
“There’s a massive opportunity for enterprises to de-risk computing investments. In the move from on-prem HPC clusters to public clouds, capital expenses become operating expenses,” said Nagraj Kashyap, Global Head of M12. “Rescale is a key enabler of enterprise digital transformation, bridging specialized HPC hardware and intelligent computing on modern cloud infrastructure.”
“SAFE-Cloud Design Platform (SAFE-CDP™) by Samsung Foundry and Rescale is an exciting new paradigm for the semiconductor industry,” said Sangyun Kim, Vice President of Foundry Design Platform Development at Samsung Electronics. “We believe that enhancing customers’ convenience by preparing an integrated system and pre-installing design tools from major EDA partners will be an essential step forward expanding cloud-based design infrastructure.”
Sensatek is a Daytona Beach, Florida- based company whose founder and CEO, Reamonn Soto, is a United States Marine Corps Veteran who won a National Science Foundation grant to launch his jet propulsion sensor startup. The company’s success in sensor technology for propulsion led to a rapidly- evolving new product portfolio that has extended into auto glass manufacturing, foundries, chemical and pharmaceutical use cases. By using the Rescale platform, Sensatek slashed in half the time it took (and eliminated huge up-front capex investment requirements) to run its product prototyping and design process — which relies on computationally-heavy simulations across heat transfer, electromagnetic properties of materials, and other parameters.
Early in his career, Alex Egeler designed systems that launch missiles from submarines. Today, as Executive Vice President, Aerion Technologies, he’s bringing together the best people and technology to enable sustainable supersonic flight at Aerion Supersonic, the company building the world’s first supersonic business jet – the 1000MPH AS2.
Recent events have placed a spotlight on the life sciences industry like never before, and genome analysis company Bionano Genomics has stepped up to provide the world with answers. Through their Saphyr system, Bionano Genomics makes it possible to identify previously undetectable variations in genome structure to accelerate the promise of personalized medicine relating to everything from COVID-19 to cancer.
Rescale (@rescaleinc) is the leading hybrid HPC cloud platform delivering intelligent computing for digital R&D, and enabling more than 300 customers from startups to Fortune 50 enterprises to accelerate design cycles and time to market. Founded by former Boeing aerospace engineers, Rescale gives research scientists and engineers the ability to run their simulation and artificial intelligence workloads on the cloud provider of their choice, using specialized hardware architectures and software templates optimized for their use cases, without any set-up or maintenance. Rescale’s HPC cloud infrastructure is the engine accelerating product research and development cycles across many of today’s most exciting scientific use cases.
Lonn Johnston
+1 650.219.7764
[email protected]
2 Grand View Research, Simulation Software Market Size, Share & Trends Analysis
3 IBISWorld, Scientific Research & Development in the US
4 Hyperion Research, Bringing HPC Expertise to Cloud Computing
Artificial Intelligence
How AIoT shapes the future of mobility: Hikvision at ITS World Congress 2024
HANGZHOU, China, Sept. 27, 2024 /PRNewswire/ — Hikvision made a significant impact at the ITS World Congress in Dubai with its captivating theme, “Embrace AIoT for safer, smarter, and greener mobility.” Its booth became a hub of innovation, where visitors explored AIoT solutions that are reshaping the transportation landscape, sparking deep conversations on the future of urban mobility.
Road safety revolution: harnessing AIoT for secure transportation
Hikvision’s commitment to road safety was on full display at its booth through the impressive array of AIoT solutions designed to create secure and reliable traffic environments. The company’s technology provides 24/7 traffic monitoring, ensuring continuous oversight of motor vehicles, non-motorized vehicles, pedestrians and environmental factors. This comprehensive, real-time information collection enables traffic managers to prevent accidents and enhance road safety. Among the showcased products was the 20 MP IR ANPR Checkpoint Capture Unit, renowned for its high-definition capture capabilities, bolstering traffic safety measures.
A standout innovation was the integration of advanced radar and camera technologies, ensuring uninterrupted, comprehensive detection even in adverse weather conditions. The Radar-Video Fusion Incident Detection Cameras, featured prominently in the product experience area, enable early detection and warning of potential hazards. They are particularly effective in challenging situations such as curved roads, blind spots at intersections, and obstacles beyond visual range.
Attendees also engaged with onboard monitoring products on the simulated bus, including dome network cameras, which is designed to enhance passenger safety. Driving assistance products, such as the Driver Status Monitor (DSM), were demonstrated to mitigate unsafe driving behaviors and ensure safer journeys.
Urban mobility redefined: smart traffic innovations
In the realm of smarter mobility, Hikvision showcased its multidimensional sensing technology, which integrates visible light sensors, infrared sensors, radar, and sonar. This technology expands perception capabilities, significantly improving traffic management and situational awareness. The use of AI-powered comprehensive sensing elevates incident monitoring and violation detection to unprecedented levels of accuracy and efficiency.
A major attraction was the Radar-Video Fusion TandemVu PTZ Camera, which integrates millimeter-wave radar with high-resolution cameras for extensive traffic detection and data analysis. AI-based algorithms combine these two systems to enhance target information, detecting up to 16 types of incidents. This leads to the development of a large-scale fusion model that merges spatial physical data with image semantic information. The result is ultra-long-range perception, achieving over 95% accuracy in vehicle trajectory detection. This robust system improves traffic violation management and optimizes traffic flow, significantly enhancing road efficiency.
At the simulated bus station, visitors observed how AI-assisted people counting automated the collection of passenger flow statistics at peak stop hours and bus line frequency during busy periods. Paired with smart bus stop digital signage, the solution improves bus service quality, operational efficiency, passenger experience, and overall public transport effectiveness.
Sustainable transportation: leading the charge for greener cities
Hikvision’s commitment to sustainable urban mobility was evident through its innovative green wave technology and eco-friendly checkpoint solutions. Green wave technology efficiently manages traffic flow to reduce congestion and lower carbon emissions, aligning with global sustainability goals. Visitors were particularly impressed by a case study showcasing a green wave solution implemented in Zhoushan, China. Over a stretch of 21 kilometers and 34 intersections, this main road cut travel times by 50%.
The use of DarkFighterX technology in checkpoint cameras also received significant attention. This technology senses both visible and invisible light, resulting in more accurate and realistic images. It enhances traffic violation enforcement efficiency while minimizing the need for high ambient light levels, thus reducing light pollution. The 9M DarkfightX ANPR Checkpoint Camera exemplified this dedication to environmental stewardship.
Frank Zhang, President of Hikvision MEA, remarked, “Hikvision supports sustainable urban planning by empowering traffic departments to address congestion and transportation challenges.” He further emphasized, “Our system’s openness fosters a secure and reliable platform for developing smart and green cities. Additionally, our solar technology is extensively utilized in remote areas, while our smart street lighting solutions reduce energy consumption by 20-30%, promoting intelligent urban transportation and advancing global sustainability objectives.”
Hikvision’s presence at the ITS World Congress in Dubai underscored its leadership in integrating AIoT technologies to drive safer, smarter, and greener mobility solutions. The engaging presentations and advanced product demonstrations captured significant attention from industry partners and customers, reaffirming the company’s role as a pioneer in shaping the future of urban transportation. As the world moves towards more intelligent and sustainable transportation systems, Hikvision remains at the forefront, embracing AIoT to create a safer, smarter, and greener future for all.
To find out more about Hikvision’s advanced traffic and public transport solutions, please explore the Hikvision official website.
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Artificial Intelligence
Anti-Drone Market worth $7.05 billion by 2029 – Exclusive Report by MarketsandMarkets™
DELRAY BEACH, Fla., Sept. 27, 2024 /PRNewswire/ — The global anti-drone market was valued at USD 2.16 billion in 2024 and is projected to reach USD 7.05 billion by 2029; it is expected to register a CAGR of 26.7% during the forecast period according to a new report by MarketsandMarkets™. Increasing government spending on counter-drone technologies, rising incidence of critical infrastructure security breaches by unauthorized drones, and surge in adoption of aerial remote sensing technologies to safeguard critical infrastructure are attributed to the demand for anti-drone.
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Browse in-depth TOC on “Anti-Drone Market” 178 – Tables61 – Figures253 – Pages
Anti-Drone Market Report Scope:
Report Coverage
Details
Market Revenue in 2024
$ 2.16 billion
Estimated Value by 2029
$ 7.05 billion
Growth Rate
Poised to grow at a CAGR of 26.7%
Market Size Available for
2020–2029
Forecast Period
2024–2029
Forecast Units
Value (USD Million/Billion)
Report Coverage
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered
By System Type, Application, Platform type, Vertical, and Region
Geographies Covered
North America, Europe, Asia Pacific, and Rest of World
Key Market Challenge
Vulnerability to hacking
Key Market Opportunities
Emphasis on improving unmanned aircraft systems technology
Key Market Drivers
Growing number of illicit activities
By System Type: Hybrid systems to account for the larger market share in the forecasted year.
The hybrid segment accounted for the largest share of the anti-drone market in 2029. The trends of integrating multiple anti-drone technologies are rising since they are most effective in detecting, tracking, and neutralizing drone threats. These systems merge electronic, kinetic, and lasers, providing a comprehensive defense solution against UAVs. Hybrid systems use electronic, kinetic, and laser-based countermeasures to offer optimum protection against drones. These systems are designed to detect, track, identify, categorize, and mitigate drones at operational wide ranges ranging from a few km up to tens of km.
By Platform: The ground-based segment accounted for the largest market share in the forecast year.
The ground-based segment will hold a major share of the anti-drone market in 2029. Many ground-based anti-drone systems use several electronic technologies, such as radar, IR sensors, acoustic systems, and RF & GNSS jammers. MESA radar solutions are used mostly for counter-UAS purposes, protecting critical infrastructure, military camps, and other security-sensitive sites from unauthorized drones. One such solution is EchoGuard, a ground-based airspace management solution that contains a software-defined 3D radar that can be specific to the site. This system can identify single or multiple off-chance drones, including swarms in unauthorized areas. They provide accurate and sustained airspace surveillance for the field of view (FOV) they are configured, and both human and AI-monitored visual checks. The system can be easily transported and integrated directly with the command-and-control centers or another identification sensor for portable use, and multiple units of the system can be combined to cover vast areas or lengths of borders. Major providers of ground-based counter-drone systems include companies like EchoDyne Corporation, DeTect, Meteksan Defense, and WhiteFox Defense. Acoustics-based Discovair G2 utilizes patented microphone arrays. With 128 interconnected microphone elements, the Discovair sensor units can establish azimuth and elevation to the target in real-time using advanced digital signal processing.
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By Region: Americas are expected to hold the largest share of the anti-drone market during the forecast period.
Americas is expected to capture the largest share in the anti-drone industry during the forecast period. The growth can be attributed to protecting crucial infrastructure in the region. Governments, particularly in the US, invest in anti-drone systems for military bases, borders, and critical infrastructure. For Instance, in April 2023, RTX secured a USD 237 million contract from the US Army to provide Ku-band Radio Frequency Sensors (KuRFS) and Coyote effectors. These systems are designed to detect and neutralize unmanned aircraft systems (UAS). The contract includes stationary and mobile systems and a specified quantity of effectors, all aimed at enhancing the Army’s operations within the US Central Command region.
Key Players-
The key companies offering anti-drone companies include RTX (US), Lockheed Martin Corporation (US), Leonardo S.p.A. (Italy), Thales (France), and IAI (Israel).
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Artificial Intelligence
CluePoints Launches Medical & Safety Review (MSR) Software to Revolutionize Clinical Data Review
CluePoints furthers its commitment to delivering innovative solutions that enhance clinical trial efficiency with this latest addition to its enterprise software platform.
KING OF PRUSSIA, Pa., Sept. 27, 2024 /PRNewswire/ — CluePoints continues to transform clinical trial review and leverage its industry-leading software to enhance the interrogation, analysis and presentation of data with the launch of its latest application, Medical & Safety Review (MSR).
The tool simplifies and streamlines the medical analysis of study data through user-friendly dashboards, data manipulation and cleaning, query management and full transparency over the data history. This not only improves efficiency and communication in medical oversight, but also elevates patient safety, differentiating MSR as a smarter and unique solution.
Designed by, and for Medical and Safety Reviewers, MSR converts the manual analysis of patient outcomes, which can be prone to inefficiency and error, into an accurate, efficient process. MSR tackles time-consuming study preparation for specific visualizations by featuring a comprehensive standard visualization library as well as the ability to copy and reuse dashboards across different studies, enabling the identification of outlying values, change tracking, and improved communication for smarter clinical trials.
Other benefits of MSR include:
Enhanced medical review efficiency and reduced human errors via automated checksReduced time spent by clinical and data management teams in reviewing dataImproved collaboration with integrated review workflows across departmentsEnsured record quality and accountability with comprehensive change trackingDriving faster decision making with the proactive detection of trends and safety issuesEnsuring regulatory compliance with rule-based detection and user assignmentsAndy Cooper, Chief Executive Officer at CluePoints, commented, “We are thrilled to announce the launch of Medical & Safety Review to our growing product offerings. MSR is the latest application addition to the CluePoints platform, which includes products such as Risk-Based Quality Management (RBQM) and our Site Profile & Oversight Tool (SPOT). Together, they provide a comprehensive approach to clinical trial optimization, enhancing data integrity, ensuring regulatory compliance, and accelerating drug development. The creation of MSR ensures a more streamlined review process while prioritizing patient safety at every step and empowers medical teams to swiftly identify outliers, track data changes, and improve communication.”
To learn more about CluePoints’ award-winning solutions, please visit www.cluepoints.com
About CluePoints
CluePoints is the premier Risk-Based Quality Management (RBQM) and Data Quality Oversight Software provider. We are leveraging the potential of Artificial Intelligence using Advanced Statistics and Machine Learning to determine the quality, accuracy, and integrity of clinical trial data both during and after study conduct. Aligned with guidance from the FDA, EMA, and ICH E6 (R2), CluePoints is deployed to support central and on-site monitoring, medical review, quality risk management and to drive a holistic Risk-Based strategy in all trials. Coupled with thought leadership and consulting expertise to aid pre-study risk assessment, identification of risk controls and solution implementation, you now have everything you need to adhere with global regulatory guidance. The result is positive clinical development outcomes, increased operational efficiency, lower costs and reduced regulatory submission risk as part of the industry paradigm shift to RBQM.
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