STOCK TITAN

Crowdkeep and VEEA Announce Strategic Partnership to Deliver AI-Enabled Hybrid Edge-Cloud Managed Solutions for Construction, Healthcare, Logistics, and Education

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Positive)
Tags
partnership AI

Crowdkeep and Veea (NASDAQ: VEEA) have announced a strategic partnership to integrate their technologies into a unified AI-enabled multiaccess edge computing platform. This collaboration combines Crowdkeep's IoT platform for asset, people, and condition tracking with Veea's Edge Platform, offering tailored solutions for construction, healthcare, logistics, and education sectors.

The integrated platform provides comprehensive capabilities including employee/student tracking, asset management, environmental monitoring, and emergency response systems. It utilizes advanced technologies such as Edge AI, computer vision, and neural reasoning to deliver actionable insights and automate various processes. The solution aims to optimize operational efficiencies, maximize safety, and streamline management across different industries.

Crowdkeep e Veea (NASDAQ: VEEA) hanno annunciato una partnership strategica per integrare le loro tecnologie in una piattaforma unificata di edge computing multiaccess abilitata all'AI. Questa collaborazione combina la piattaforma IoT di Crowdkeep per il tracciamento di beni, persone e condizioni con la piattaforma Edge di Veea, offrendo soluzioni personalizzate per i settori edilizia, sanità, logistica ed educazione.

La piattaforma integrata offre capacità complete, tra cui tracciamento di dipendenti/studenti, gestione dei beni, monitoraggio ambientale e sistemi di risposta alle emergenze. Utilizza tecnologie avanzate come Edge AI, visione artificiale e ragionamento neurale per fornire informazioni pratiche e automatizzare vari processi. La soluzione mira a ottimizzare l'efficienza operativa, massimizzare la sicurezza e semplificare la gestione in diversi settori.

Crowdkeep y Veea (NASDAQ: VEEA) han anunciado una colaboración estratégica para integrar sus tecnologías en una plataforma unificada de computación en la periferia habilitada por IA. Esta colaboración combina la plataforma IoT de Crowdkeep para el seguimiento de activos, personas y condiciones con la plataforma Edge de Veea, ofreciendo soluciones personalizadas para los sectores de construcción, salud, logística y educación.

La plataforma integrada proporciona capacidades integrales que incluyen seguimiento de empleados/estudiantes, gestión de activos, monitoreo ambiental y sistemas de respuesta de emergencia. Utiliza tecnologías avanzadas como Edge AI, visión por computadora y razonamiento neuronal para ofrecer información procesable y automatizar varios procesos. La solución tiene como objetivo optimizar la eficiencia operativa, maximizar la seguridad y agilizar la gestión en diferentes industrias.

Crowdkeep와 Veea (NASDAQ: VEEA)가 AI 지원 다중 접근 에지 컴퓨팅 플랫폼으로 기술을 통합하는 전략적 파트너십을 발표했습니다. 이번 협력은 Crowdkeep의 자산, 사람 및 상태 추적 IoT 플랫폼과 Veea의 Edge 플랫폼을 결합하여 건설, 헬스케어, 물류 및 교육 분야 맞춤형 솔루션을 제공합니다.

통합 플랫폼은 직원/학생 추적, 자산 관리, 환경 모니터링, 비상 대응 시스템 등 포괄적인 기능을 제공합니다. Edge AI, 컴퓨터 비전, 신경 추론과 같은 첨단 기술을 활용하여 실행 가능한 통찰력을 제공하고 다양한 프로세스를 자동화합니다. 이 솔루션은 운영 효율성을 최적화하고, 안전성을 극대화하며, 다양한 산업 전반에서 관리 프로세스를 간소화하는 것을 목표로 합니다.

Crowdkeep et Veea (NASDAQ: VEEA) ont annoncé un partenariat stratégique pour intégrer leurs technologies dans une plateforme unifiée de calcul en périphérie multi-accès dotée d'IA. Cette collaboration combine la plateforme IoT de Crowdkeep pour le suivi des biens, des personnes et des conditions avec la plateforme Edge de Veea, offrant des solutions sur mesure pour les secteurs de la construction, la santé, la logistique et l'éducation.

La plateforme intégrée offre des fonctionnalités complètes telles que le suivi des employés/étudiants, la gestion des actifs, la surveillance environnementale et les systèmes de réponse aux urgences. Elle utilise des technologies avancées telles que l'Edge AI, la vision par ordinateur et le raisonnement neurel pour fournir des informations exploitables et automatiser divers processus. La solution vise à optimiser l'efficacité opérationnelle, à maximiser la sécurité et à rationaliser la gestion dans différents secteurs.

Crowdkeep und Veea (NASDAQ: VEEA) haben eine strategische Partnerschaft angekündigt, um ihre Technologien in einer einheitlichen KI-gestützten Multi-Access-Edge-Computing-Plattform zu integrieren. Diese Zusammenarbeit kombiniert die IoT-Plattform von Crowdkeep zur Verfolgung von Vermögenswerten, Personen und Bedingungen mit der Edge-Plattform von Veea und bietet maßgeschneiderte Lösungen für die Bau-, Gesundheits-, Logistik- und Bildungssektoren.

Die integrierte Plattform bietet umfassende Funktionen, einschließlich Verfolgung von Mitarbeitern/Schülern, Anlagenmanagement, Umweltüberwachung und Notfallreaktionssystemen. Sie nutzt fortschrittliche Technologien wie Edge AI, Computer Vision und neuronales Denken, um umsetzbare Einblicke zu liefern und verschiedene Prozesse zu automatisieren. Die Lösung zielt darauf ab, die Betriebseffizienz zu optimieren, die Sicherheit zu maximieren und das Management in verschiedenen Branchen zu optimieren.

Positive
  • Strategic partnership between Crowdkeep and Veea (NASDAQ: VEEA) to create an integrated AI-enabled edge computing platform
  • Expansion into multiple high-value sectors: construction, healthcare, logistics, and education
  • Comprehensive solution offering including asset tracking, people monitoring, and environmental condition management
  • Advanced technological features such as Edge AI, computer vision, and neural reasoning for actionable insights
  • Potential for improved operational efficiencies and safety management across various industries
Negative
  • None.

Insights

The strategic partnership between Crowdkeep and VEEA represents a significant advancement in edge computing and IoT integration. Their combined platform offers a comprehensive suite of AI-enabled solutions for various industries. Key features include:

  • Real-time asset and people tracking
  • Environmental monitoring and control
  • AI-powered analytics for safety and efficiency
  • Edge AI capabilities for computer vision and predictive maintenance

This collaboration could potentially disrupt traditional approaches in construction, healthcare, logistics and education sectors. The platform's ability to process data at the edge reduces latency and enhances security, addressing critical concerns in IoT deployments. However, the success of this venture will depend on factors such as market adoption, scalability and integration ease with existing systems.

The Crowdkeep-VEEA partnership taps into the rapidly growing edge computing market, projected to reach $87.3 billion by 2026 (MarketsandMarkets). This move positions both companies to capitalize on the increasing demand for hybrid edge-cloud solutions. The platform's versatility across multiple industries presents significant market expansion opportunities. Key growth drivers include:

  • Rising IoT adoption in various sectors
  • Increasing need for real-time data processing
  • Growing emphasis on workplace safety and efficiency

However, challenges such as data privacy concerns and competition from established players like Cisco and IBM could impact market penetration. The success of this partnership will likely hinge on their ability to demonstrate tangible ROI and seamless integration capabilities to potential clients.

Unifying Crowdkeep’s IoT Platform with Veea’s Edge Platform creates a wholistic platform managed at the edge, optimizing operational efficiencies, maximizing safety, and streamlining campus and construction site management

NEW YORK & WASHINGTON--(BUSINESS WIRE)-- Crowdkeep, the leading Internet of Things (IoT) platform in asset, people, and condition tracking; and Veea (NASDAQ: VEEA), a first-to-market pioneer in hyperconverged multiaccess networks with AI-driven cybersecurity, have announced their partnership to integrate their respective technologies into a singular, tailored solution to track assets, people, and conditions across a variety of use cases complementing a plethora of edge applications, developed by Veea and its ecosystem partners, that together run on Veea Edge Platform.

The combined capabilities of Crowdkeep and Veea is offered through an AI-enabled multiaccess edge computing platform with 4G or 5G connectivity, an IoT gateway and a comprehensive cloud backend for device and application management, and the associated data analytics, enabling organizations to maintain visibility on employees, students or guests at a venue, manage and track valuable assets along with visual displays of camera streams, event notifications, utilization rates and footfall analytics with heatmaps. The solution also offers management, monitoring, programming or automation of a) IoT endpoints (e.g., cameras, smart locks, gunshot audio detector, or leak detectors), b) access authorization and lockdown management, c) energy consumption (e.g., lighting, HVAC or refrigeration), d) environmental conditions like air or water quality, e) occupancy (i.e., with cameras or occupancy sensors), f) compliance, safety (e.g., accident or fight detection with cameras), g) digital health with alerts (i.e., sensors and cameras), h) predictive maintenance, i) management of cached content or digital forms at the edge for privacy, secure delivery when in proximity, or when latency sensitive, j) smart check-outs, and k) interactive digital displays with language translations, among numerous other features.

With optimized solutions for construction, education, healthcare, and logistics, the combined Crowdkeep - Veea platform features capabilities and applications such as automated attendance tracking, seamless timesheet approvals, industry-specific functionalities such as emergency response systems for schools or geo-fenced hazardous areas for construction sites with notification capabilities that support event triggers for automated functions, alarms and the full range of private or public communications at the edge.

Automated attendance tracking allows administrators to track employee/student attendance and streamlines staff timesheet completion, while smart asset management offers the ability to track the location of all valuable assets, such as laptops, valuable tools or machinery with AI-powered usage analytics and a recommendation engine for optimal resource allocation by the school administrators and staff. Integrations for environmental monitoring allow administrators to monitor, detect, control and/or automate conditions like fire or smoking/vaping with notifications, temperature, air and water quality. Veea’s implementation of Containerized Portable Niagara Framework from Tridium allows additional energy and building management use cases.

The emergency response solutions not only ensures compliance to newly-passed legislation like Alyssa’s Law, but goes farther, allowing parents direct monitoring access to their children with a simple wristband or a tag at all times while on campus. The platform’s people tracking technology is supported by a mesh IoT network, which triangulates a user’s location through the wearable tag with real-time accuracy, guaranteeing the most reliable information for authorities in emergency situations.

The combined platform, with distributed computing nodes over a multiaccess mesh connectivity network, is capable of collecting enormous amounts of data from connected devices (e.g., user devices, cameras and sensors) where a machine learning application can be employed to make data-driven predictions or decisions with fusion of logic derived from data collected from different sensors and cameras. The Edge AI is delivered through a computer vision application with the ability to interpret and analyze camera streams and time-lapse images to then turn them into actionable insights, detecting both anomalies and progress as well as workers’ location on the job site and behavior. More complex features such as neural reasoning with digital twins can extract complex events and trigger alerts from captured data, for example, to reconstruct complex building structures and detect deviations. The combined offerings span across a range of other industries and verticals.

For more information on Crowdkeep and Veea’s platforms and combined solution, visit https://crowdkeep.com/ and https://www.veea.com/.

About Crowdkeep

Crowdkeep is an Internet of Things (IoT) platform that empowers users to make fast, informed decisions about people, assets, and conditions throughout the workplace. Created out of a desire to introduce a comprehensive IoT platform that enables a safer and more efficient workplace, Crowdkeep looks to the future with agility and confidence to pioneer technologies that have staying power in the constantly evolving digital world.

Crowdkeep is proud to be part of a wave of digital transformation technologies, which are changing the way businesses and organizations operate and make decisions. Crowdkeep takes aim at the ineffective and obsolete ways of doing things and offers customers cost effective solutions that are less complex, easy to deploy, and lead to insights and intelligent analysis that help the workplace become more productive and run safer. For more information visit crowdkeep.com.

About Veea

Veea® makes living and working at the edge simpler and more secure. Veea has unified multi-tenant computing, multiaccess multiprotocol communications, edge storage and cybersecurity solutions through fully integrated cloud- and edge-managed products. Veea’s pioneering Multiaccess Edge Computing (MEC) product developed from the ground up in a compact form factor brings together the functionality typically provided for through any combination of servers, Network Attached Storage (NAS) devices, routers, firewalls, Wi-Fi Access Points (APs), IoT gateways, 4G or 5G wireless access, and Cloud Computing (CC) by means of multiple hardware, software and systems integrated and maintained by IT/OT professionals. Compared to such solutions, Veea Edge Platform offers application responsiveness, bolsters cybersecurity, data privacy and context awareness, and lowers data transport costs as well as total cost of ownership, while providing for easy installation, operations, monitoring and maintenance of edge networks. At the heart of VeeaHub products resides a Linux server with a full-stack virtualized software environment for cloud-native applications that run in Secured Docker™ containers, with a high degree of user data and application isolation, Software Defined Networking (SDN), Network Function Virtualization (NFV) and cybersecurity, delivering hyperconverged networking over a connectivity and computing mesh network. The fully integrated turnkey solution offers end-to-end cloud management of devices, applications and value-added services with Zero Trust Network Access (ZTNA) and, optionally, a highly simplified plug and play 5G-based Secure Access Service Edge (SASE) offering. Veea Edge Platform enables direct connections from the wide area optical fiber, cellular and satellite networks to the local area networks created by a VeeaHub mesh cluster over cellular-like network-managed Wi-Fi and IoT devices - a unique patented capability called network slicing. Veea Developer Portal and development tools provide for rapid development of edge applications, optionally, with Edge AI. Veea has implemented a range of cost-effective solutions for B2B and B2B2C offerings through service providers, channel partners, system integrators, enterprise partners, and government agencies for smart retail, smart construction, smart logistics and warehouses, smart farms and greenhouses, smart buildings, smart schools, smart hospitals, smart museums to smart cities. Veea was formed in 2014 and is headquartered in New York City with a rich history of major innovations in the development of advanced networking, wireless and computing technologies, along with over 103 granted and 33 pending patents in key aspects of hyperconverged edge computing technologies. For more information, visit veea.com and follow us on X and LinkedIn.

Media:

James Christopherson

Sterling Communications for Veea

veea@sterlingpr.com

Source: Veea

FAQ

What is the strategic partnership between Crowdkeep and Veea (NASDAQ: VEEA) about?

Crowdkeep and Veea have partnered to integrate their technologies into a unified AI-enabled multiaccess edge computing platform, combining Crowdkeep's IoT tracking capabilities with Veea's Edge Platform for various industries.

Which sectors will benefit from the Crowdkeep-Veea (NASDAQ: VEEA) integrated platform?

The integrated platform offers tailored solutions for construction, healthcare, logistics, and education sectors, providing comprehensive capabilities for asset tracking, people monitoring, and environmental management.

What key technologies are incorporated in the Crowdkeep-Veea (NASDAQ: VEEA) platform?

The platform incorporates advanced technologies such as Edge AI, computer vision, and neural reasoning to deliver actionable insights and automate various processes across different industries.

How does the Crowdkeep-Veea (NASDAQ: VEEA) platform improve safety and management?

The platform offers features like automated attendance tracking, smart asset management, environmental monitoring, and emergency response systems, which aim to optimize operational efficiencies, maximize safety, and streamline management in various settings.

Veea Inc.

NASDAQ:VEEA

VEEA Rankings

VEEA Latest News

VEEA Stock Data

105.73M
11.22M
68.71%
3.77%
0.16%
Information Technology Services
Services-computer Integrated Systems Design
Link
United States of America
SAN FRANCISCO,