Deep Perception provides a personalized video analytics platform for the video surveillance ecosystem. The Deep Perception platform is optimized for edge deployments and runs on AI enabled cameras, network video recorders and dedicated AI appliances. Our partner focused approach allows Deep Perception to tap into our partners' extensive channel networks to efficiently scale both users and revenue.
Generic computer vision applications underperform and traditional custom development of video analytics solutions is cost prohibitive. Personalized video analytics unlocks new recurring revenue opportunities for our VMS and camera partners in the rapidly growing video surveillance ecosystem.
1) Signed letter of intent with our first VMS partner who will distribute and resell the Deep Perception platform starting in late Q3 2024. Forecasting $350-600k of 2025 revenue from this initial partner.
2) Ongoing discussions with multiple VMS and camera manufacturers progressing towards similar distribution arrangements as above.
3) Engaged with emerging AI accelerator providers targeting the edge video analytics market with the aim of becoming a strategic ISV partner. Exploring strategic investment options.
Initial launch of our platform with our first VMS partner.
Execute LOI with a VMS partner who will embed the Deep Perception Platform and offer it for sale into their existing channel.
