The AI EDGE Device, developed by EDGEMATRIX, a subsidiary of Japan's largest telecom operator NTT Docomo, has been equipped with the AI image analysis solution of IVS, and services have been launched throughout Japan since May 28, IVS announced on May 29.
NTT Docomo has decided to supply CCTV control services using artificial intelligence in the 5G era and to install the Korean company IVS’s algorithms after a long period of verification on the EDGE Device developed by its subsidiary.
This intelligent video control service has been announced as a flagship product within the NTT Group, and training is being provided to about 4,000 salespeople at NTT Docomo.
It aims to sell about 10,000 products by the end of 2020, the initial year, and expects to sell large quantities of products starting in 2021. In particular, CCTV video control service using smartphones as the core of non-face-to-face technology caused by COVID-19 is expanding its market globally.
IVS said that it was a good opportunity to promote its technological excellence globally by being selected as NTT Docomo's 5G service partner, beating out Japan's leading competitors. It is also pushing for contracts with leading Japanese companies such as Softbank and JR to supply its AI video control services.
Bae Young-hoon, CEO of IVS, said, "The Japan's largest telecommunications operator NTT Docomo’s selection of IVS as its business partner is not just a signal for IVS’s entry into the Japanese market, but a feat that Korea's AI imaging technology has been recognized as the world-class level. On the occasion of this event, we will actively target overseas markets in the future."
