In a prestigious ceremony in Sydney, approximately 250 AI companies congregated for the much-anticipated Australian AI Award for Information Technology.
Among the attendees, iOmniscient emerged as the recipient of this accolade, adding another recognition to its extensive collection gathered over 25 years, totaling approximately 35 awards globally.
As iOmniscient steps into its 25th operational year on November 13th, the company reflects on the significant advancements made in multi-sensory AI technology over this time. Despite early challenges in market acceptance and initial funding obstacles, iOmniscient has maintained a commitment to pioneering new technologies, underscored by their 70+ patents and numerous trade secrets.
Commitment to Continuous Innovation
From its inception, iOmniscient focused on continuous innovation, even during economic downturns. The company has introduced groundbreaking technologies, many of which remain unmatched by competitors.
As they look to the future, iOmniscient continues to predict further technological advancements in AI.
Addressing Complex Challenges
Over the last two and a half decades, iOmniscient has tackled and solved numerous complex challenges presented by customers. Innovations span from analytics in crowded environments to AI systems functioning without extensive data or hardware like GPUs, and even GPS solutions without satellites.
Prioritizing Ethical AI
Ethical considerations are at the forefront of iOmniscient's mission. The company encourages partners and customers to utilize AI for beneficial purposes, such as privacy protection, locating missing children, aiding the elderly, and enhancing public safety.
Ensuring Affordability and Autonomy
Affordability is another focus, with iOmniscient designing technology for use with lower resolution cameras, employing efficient compression techniques, and creating computing-light systems without GPUs. The aim is to provide cost-effective solutions without compromising capability.
Outcome-Driven Approach
Switching from a product-based to an outcomes-based model, iOmniscient guarantees customer success as their measure of performance. The consultancy team prioritizes achieving desired outcomes over sales growth, ensuring client goals are met before pursuing opportunities.
The company attributes its success to its 450+ partners and numerous customers across 70 countries and 30 industries. Special acknowledgment goes to OEM partners who have integrated iOmniscient's technology. These are seen as collaborative partnerships, enhancing the reach and impact of AI solutions globally.
Discover how AI, biometrics, and analytics are transforming casino security
At a gala event in Sydney, around 250 AI companies gathered in anticipation of the Australian AI event of the year – the Australian AI Award for Information Technology. iOmniscient won that award and was able to add it to their showcase full of awards.
Over the past 25 years iOmniscient have won major awards across many continents – around 35 in all averaging more than 1 per year. After a quarter of a century in AI they are still able to outshine others with technologies that stand out from the rest.
On the 13th of November, iOmniscient commences its 25th year in operation. It’s a time to reflect on how multi-sensory AI technology has advanced over the last quarter century.
Continuous innovation
When they started they had difficulty convincing the market that AI could be a useful technology. They could not raise any external investment and were forced to bootstrap ourselves into existence. This was long before AI became fashionable.
The company has pioneered many new technologies over this quarter century and the table below highlights some of these – many of which are covered by its 70+ patents and the large volume of trade secrets that surround them.
Continuous innovation has been the key to survival as a small independent company. Even during recessions and pandemics when others were tightening their belts iOmniscient continued with their innovation. In some years there was more than one major new innovation.
Many of their earliest technologies have still not been replicated by their competitors. Looking forward a few years users will continue to see new technologies coming in over the horizon.
Doing the impossible
Over these two and a half decades, iOmniscient have been challenged by their customers to solve problems which to everyone else seemed impossible.
They take pride in solving many of these - from performing analytics in very crowded scenes to building AI systems that can operate with minimal data sets and without GPUs; from doing analytics on the move to determining GPS locations without satellites.
Ethical AI
In addition to innovation, their focus has been on Ethical AI. Any technology can be used for good or evil and iOmniscient have been keen to encourage their partners and customers to use it for good.
Their own emphasis has been on creating building systems for privacy protection, finding lost children, helping the aged, preventing accidents and crime – and, in general, to ensure that AI helps us to build a better world for their children.
Making AI affordable
They have also concentrated on making the technology affordable:
- By designing it to work on lower resolution cameras,
- By building smarter compression technologies,
- By eliminating GPUs and making the system computing light, and
- By making the system autonomous
Their intent has been to ensure that the only way competitors can offer a lower price is by offering an inferior capability.
Guaranteeing Outcomes
iOmniscient stopped selling products a long time back. Now they guarantee outcomes. They are only successful when their customer can achieve the outcomes that they require. This means that in many instances they will not take on a project if they do not believe that they can, in fact, generate the results that their customer requires.
If something does not work, they work to fix the issue, working continuously day and night, very often at their own expense. No one in the company is goaled on growth. They are all focused on ensuring that their customer achieves the results he requires.
iOmniscient believes growth is a result that will follow and not the primary motivation for their teams. For this reason, they do not have sales people – only consultants whose job it is to help their partners and their customers achieve what they want using their technology.
Thanking the value added partners
The staff and management of iOmniscient would like to take this opportunity to thank all their 450+ value added partners and their hundreds of customers across 70 countries across 30 different industries, for believing in them and supporting them by using their technology.
And they would particularly like to thank their OEMs who have embedded their technology in theirs and made them their own. They see all these as mutual partnerships.