Growth in automotive brings videantis third Deloitte Technology Fast 50 award
Hannover, Germany, November 9, 2017 – videantis GmbH, a leading technology supplier for autonomous vehicles, augmented and virtual reality, and intelligent camera solutions announced today that it won its third Deloitte Technology Fast 50 award. The prize is awarded to the 50 fastest-growing German technology companies based on revenue growth over the past four years.
“We extend our gratitude to our customers for their confidence in our powerful embedded vision technology, which is key to the revenue increase that resulted in winning this award again,“ says Hans-Joachim Stolberg, CEO at videantis. “We won our second Deloitte award last year and since then we’ve seen continued growth in the adoption of our solutions, especially in automotive. That industry is rapidly adopting our intelligent camera processing technology for autonomous driving and advanced driver assistance systems that make our cars smarter and safer. The round of growth financing we raised in September on the back of key customer wins in automotive allows us to scale our presence in this exciting market even faster.”
Today’s autonomous test vehicles require several powerful CPUs and GPUs burning hundreds of Watts to process camera and radar data into meaningful information that is used to steer the car. The videantis processor architecture performs such complex machine vision and image processing tasks with higher performance and at much lower power levels, enabling this technology to be embedded into small camera modules.
“Besides automotive, the videantis embedded vision processors are bound to play a big role in edge computing, mobile phones, robotics, drones, data centers, smart surveillance cameras, virtual and augmented reality,” says Hans-Joachim. “These applications are all adopting computer vision and require small form factors, low power footprints, and extreme performance. We’re excited to be working with many leading companies in this field and together we’re pushing the boundaries of this powerful technology.”
Headquartered in Hannover, Germany, videantis is a one-stop computer vision and video processor IP provider, delivering flexible computer vision, imaging and multi-standard HW/SW video coding solutions for automotive, mobile, consumer, and embedded markets. Based on a unified processor platform approach that is licensed to chip manufacturers, videantis provides tailored solutions to meet the specific needs of our customers. With core competencies of deep camera and video application expert know-how and strong SoC design and system architecture expertise, videantis serves a worldwide customer basis with a diverse range of target applications, such as advanced driver assistance systems and autonomous driving, mobile phones, AR/VR, IoT, gesture interfacing, computational photography, in-car infotainment, and over-the-top TV. videantis has been recognized with the Red Herring Award and multiple Deloitte Technology Fast 50 Awards as one of the fastest growing technology companies in Germany. For more information, please visit www.videantis.com.
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