Business
Innoviz and Outsight Announce Partnership to Accelerate LiDAR Adoption in Smart Cities and Industrial applications
Partnership will combine Innoviz's high-performance LiDAR, InnovizOne, with Outsight's processing software solution, allowing seamless integration of 3D
About this update from Innoviz Technologies Ltd.
[{"type":"text","content":"Partnership will combine Innoviz's high-performance LiDAR, InnovizOne, with Outsight's processing software solution, allowing seamless integration of 3D localization and perception technology for smart infrastructure, vehicle and industrial applications \nPARIS and TEL AVIV, Israel, Dec. 14, 2022 /PRNewswire/ -- Innoviz Technologies (Nasdaq: INVZ) (\"Innoviz\"), a technology leader of high-performance, solid-state LiDAR sensors and perception software, today announced its partnership with Outsight. Outsight's Spatial Intelligence Software, the company's unique, real-time edge processing and cloud capability platform, offers a plug-and-play solution for effectively integrating 3D LiDAR data into any infrastructure, industrial or vehicle application.\n\n \n \n \n \n \n \n\n \nOutsight's Software, together with Innoviz's LiDAR products will aim to facilitate and accelerate the adoption of 3D LiDAR technology beyond the ADAS market - \nInfrastructure applications: Intelligent transportation systems (ITS), security and people flow monitoring Commercial vehicle and robot applications: Construction equipment, logistics and service robotics Industrial applications: Volume measurement, industrial equipment, safety and agricultureInnoviz's high-performance LiDAR sensors meet the automotive industry's strictest requirements for performance and safety. They are purpose-built to be rugged, affordable, reliable, power efficient, lightweight, high-performing and seamlessly integrable, and are ideally suited to enable a wide range of non-automotive use-cases that require mature solutions.\nOutsight's Spatial Intelligence Software makes LiDAR technology easier to use in any project, both in real-time (edge processing) and the cloud, including essential features like LiDAR SLAM, object detection and tracking, classification and segmentation. As a recognized pioneer and leader of the LiDAR processing software category and a founding member of the LiDAR Coalition, of which Innoviz is also a founding member, Outsight's solutions have been widely embraced in a number of markets and dozens of different use cases throughout Europe, the United States, Asia and the Middle East.\n\"We aren't in the early days of LiDAR anymore. At that time demonstration-level sensor prototypes and research-level algorithms were sufficient to ignite the market and gave bir...