Ingram Micro has announced a new distribution partnership with Dayta AI, an AI Cloud Video Analytics company that enables physical store operators to acquire, analyze, and monetize big data.
The Global Video Analytics Market was valued at USD 1528.1 million in 2019, and is expected to reach USD 4142.7 million by 2025, registering a CAGR of 24.5% during the period of 2020-2025. Key end-user industries include healthcare, BFSI, transportation, government, retail, and manufacturing.
Cyclops, the proprietary software developed by Dayta AI, leverages on existing cameras to provide powerful data collection and analytics. Empowered with advanced AI capabilities and cloud infrastructure, Cyclops can connect with virtually all kinds of cameras, and offer a range of value-added functions such as KPIs analysis, real-time alerts and business intelligence. More importantly, Cyclops convert these data into actionable insights and help their clients perform better.
‘Dayta AI’s solution combining with our comprehensive portfolio in cloud, cyber security, advanced solutions and unified communications extends a higher level of value-added on top of the modern infrastructure and additional security,’ said Biga Luk, Managing Director, Ingram Micro (China) Limited. ‘We are thrilled to see our mutual success and an opportunity for channel partners who engage in property management and development, retail, hospitality and many more.’
It is our honour to have Ingram Micro help expand our addressable market and explore this infinite opportunity with us. In fact, they have been a staunch supporter since the beginning,” said Patrick Tu, the CEO & Co-founder of Dayta AI. “The potential of Cyclops is massive, and the partnership is a huge step towards our high ambitions – with more data collected, on top of data intelligence and actionable insights, we can offer industry-wide benchmarks and indexes for our clients in the imminent future.
