Analyze Live Video to Make Critical Decisions | Information age
â€œA Look in the Labsâ€ is an Information Age series showcasing high growth startups based in our labs – what they do, their ambitions and the benefits they have gained from being based in our labs. ACS innovation laboratories.
This week we chat with Hanno Blankenstein, CEO of Unleash Live.
Business Free yourself live
CEO Hanno Blankenstein
Based at Harbor City Laboratories, Sydney
What does your business / product do and how does it help people / other businesses?
Unleash live is an enterprise AI video analytics solution provider. We take the vision of any camera and combine it with computer vision to provide actionable data in real time.
We help other businesses by providing them with immediate information to reduce costs, improve productivity, increase accuracy and improve safety. For example, one sector that we help a lot is government and city councils.
We have a wide range of AI applications designed for cities and districts to obtain information that is otherwise difficult and expensive to collect in near real time, including curbside surveillance, street surveillance, micromobility transport, social distance monitoring, commuter monitoring, public transport use, congestion, parking and incident monitoring / reporting, construction planning and operational maintenance of the security.
Data is pulled from camera scenes and shared with the city for analysis and action.
How did the idea for your business come about?
My co-founder, Jason and I started this journey about 5 years ago. He comes from a sports trainer training where you constantly perform visual inspections, monitor performance.
Capturing this data in a structured way for analysis has proven to be incredibly time-consuming and difficult.
On my side, I am passionate about aviation and robotics and have spent many years working with companies such as BMW and Toyota in Silicon Valley to solve problems related to autonomous driving, doing the first-hand experience of the power of visual data.
Together, we believed that the future of visual inspections will be automated and that visual sensors – such as thermal, HD video, and drones – will provide real-time structured data and analysis, whether it be ” a coach on a rugby pitch, drones carrying out inspections on mining sites or CCTV cameras on railway platforms.
Inherently, they all have the same ingredients: there is a visual capture device, there is a powerful form of processing, and then there is data extraction and visualization with action required due to the information generated.
That’s why we created Unleash Live, a video analytics platform designed to ingest live video from any camera and give users the ability to collaborate on live video, so that the AI performs analytics on live video and connects to enterprise data workflows.
Has being an entrepreneur always been a goal in your life and what have you learned about being an entrepreneur?
The space for startup, scale and tech is moving at lightning speed.
In these times of constant change, the team is everything.
Finding the best people to start a great business is a challenge and takes time and patience.
This includes permanent employees as well as advisers, mentors with relevant experience as well as business development support.
In my experience, coming up with lots of ideas is the easiest part, the real challenge is being persistent and agile during strategic executions.
Plus, I’ve learned that doing endless administrative tasks early on is crucial to getting things done.
What has been the biggest challenge and the biggest milestone for your business so far?
The advent of the COVID pandemic and how we quickly adjusted our focus of data analysis to include transport agencies and cities to help in times of crisis has been our biggest challenge.
As a result, Unleash Live came out stronger and with fantastic stories to tell of how we have helped communities stay in control of the pandemic, by obtaining real-time safety and operational data to enable rapid response and confident in uncertainty.
Where would you like your business to be in two years?
Work in partnership with leading Australian and US companies to deploy AI across their business operations.
In doing so, we always strive to achieve the highest ethical standards and always lead the discussion on what is possible for safer and more insightful business results.
What’s the best business or life advice you’ve ever received?
â€œFeeling empowered to shape the principles of how humans will live together in the future, which I learned from working with Professor Klaus Schwab at the World Economic Forum in Davos.
What made you decide to join ACS Innovation Labs and how has it helped your business?
We moved to the ACS Innovation Labs because it’s a great place to create a product, as well as to collaborate and connect with like-minded people.
Also, I really like the way ACS sets the agenda with the federal government on important topics like digitization and AI ethics.
For more information on ACS Innovation Labs, visit the websites of Port city laboratories In Sydney, River City Laboratories in Brisbane, and Bay City Labs in Melbourne. If you are interested in joining successful Australian companies in ACS Innovation Labs, email [email protected]