(5 August 2022, Hong Kong) Ingram Micro today 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.
About Ingram Micro
Ingram Micro helps businesses realize the promise of technology. It delivers a full spectrum of global technology and supply chain services to businesses around the world. Deep expertise in technology solutions, mobility, cloud, and supply chain solutions enables its business partners to operate efficiently and successfully in the markets they serve. Unrivaled agility, deep market insights and the trust and dependability that come from decades of proven relationships, set Ingram Micro apart and ahead. Discover how Ingram Micro can help you realize the promise of technology. More at www.ingrammicro.com.
About Dayta AI
Dayta AI is a SaaS software company established in 2018, a member of the HKSTP incu-tech and LEAP program and the first batch of the HKAI Lab. Dayta AI strives to develop AI, cloud-based technology solutions that cater the needs of different users, under digital transformation and big data trends. Their vision is to establish a SaaS ecosystem that entails Computer Vision and Business Intelligence.