Argus Systems and Video Internet Technologies Ltd have announced today that the companies have entered into a strategic technology partnership. Through this partnership, the companies will bring AI-based solutions including Automatic Number Plate Recognition (ANPR), Facial Recognition (FR), Video Content Analytics (VCA), Intelligent Transportation Management Systems (ITMS), and so on to the Middle East and Africa market.
The agreement brings together expertise, understanding, universal knowledge, cutting-edge disruptive Artificial Intelligence-driven technologies to transform legacy and redefine the future. “Argus Systems is an independent manufacturer’s representative and software development company heavily focused on AI-driven applications specialized in providing manufacturers a platform to launch their products while reducing time to go to market,” the company said in a statement. “Video Internet Technologies Ltd (VIT Ltd.) is a Ukraine-based technology house specialising in Video Analytics Solutions. This partnership will allow Argus and VIT to co-develop solutions for the MEA markets.”
“We are very excited to announce our strategic technology alliance with VIT to bring to our customers innovative AI-based solutions that transform legacy to redefine the future,” said Rohit Khubchandani, the CEO of Argus Systems. “Utilising the latest and greatest Artificial Intelligence innovations our combined solution stack addresses the pain points and challenges customers face in our dynamic region delivering the quickest ROI – Return on Investment.”
“Partnering with Argus Systems will allow us to offer our advanced AI-based solutions and give us a head start to accelerate our growth in the region, we have developed and integrated software and devices for various use cases. With our video analytics solutions, we help thousands of users fully observe and document every fine detail of their projects within their territories, 24/7,” said Yuiry Bukhtiyarov, CEO of VIT Ltd.