Merger Creates Global LiDAR Detection Leader
CrowdVision has merged with U.S. LiDAR crowd motion detection and analytics leader, iinside, to form new entity, CrowdVision, Inc.
The combined global company will be led by David Teed, CEO of CrowdVision, and headquartered in Los Angeles.
The two companies will combine their people, presence, technologies and creativity to better serve existing and new customers. This strategic combination will deliver best-in-class data, insights and solutions for smart airport and smart city solutions, including people flow and social distancing to a list of premier client organizations. These include over 50% of the top U.S. airports, multiple leading airlines and the U.S. Department for Homeland Security. The combined company has customers across the globe in North America, Europe, the Middle East, Asia and Australia.
CrowdVision’s merger with iinside extends its leading computer vision capabilities to include Bluetooth, infrared, Wi-Fi and LiDAR sensors. By integrating multiple sensors into a single motion analytics platform, CrowdVision delivers the business intelligence required by facilities to optimize capacity utilization, operate more efficiently, budget more intelligently and improve retail and customer experience.
Announcing the merger, Teed said: “The merger of CrowdVision and iinside creates an exciting new company with unparalleled customer reach and service.
“Our company delivers the most complete range of smart technologies for optimizing crowded places, enabling clients to not only operate more efficiently, but also to assure safe distancing to help restore consumer confidence as facilities everywhere reopen for business.”
To assist with the global COVID-19 crisis, CrowdVision and iinside recently announced product upgrades to measure and report on social distancing, including safe separation and exposure time metrics. Thermal detection capabilities are also being added to help airports and venues screen for passengers who may have elevated temperatures whether COVID-19 related or otherwise. Both companies are already deploying this new capability with current airport clients to help them manage safety risks and regain passenger confidence. Airports, train stations, casinos, stadiums, shopping malls and other busy venues must now adjust to a new reality of monitoring and managing social distancing as a mission critical activity to promote public safety.
“Everyone at iinside is excited to be joining forces with the team at CrowdVision. There’s a high level of respect for their technology leadership and vision for creating a multi-sensor data analytics platform,” said Sam Kamel, CEO of iinside. “We believe the value of LiDAR for indoor solutions is just beginning to unfold. iinside is proud to be the U.S. leader at airport security checkpoints, but that’s just a first step in a much bigger journey. Together, along with CrowdVision’s team and global presence, the combined companies will deliver great value to all our stakeholders.”
Visit www.crowdvision.com for additional information.