A

Actuate

www.actuate.ai link_icon

Actuate Company Market Research Report



Company Overview



Name: Actuate (Aegis Systems Inc)

Mission of the Company: Actuate's mission is to democratize access to responsive, affordable security with AI-enabled monitoring.

When was the Company Founded and by Whom: Founded in 2018 by Sonny Tai.

Where is the Company Headquartered: 115 West 30th Street, Ste 1103, New York, NY 10001

Number of Employees: No information is available

Revenue of the Company: No information is available

What is the Company Known For: Actuate is known for its AI-driven video analytics and threat detection systems that turn existing security cameras into smart cameras capable of detecting various threats such as guns, intruders, loitering, and more.

Key People



  • Sonny Tai - Co-Founder (Marine Corps Captain)

  • Ben Ziomek - Chief Product Officer


Products



AI Video Analytics



High-Level Description: Actuate's AI Video Analytics software transforms existing security cameras into smart cameras capable of real-time threat detection, including gun detection, intruder detection, loitering detection, and crowd detection.

Gun Detection


  • Key Features:

  • Identifies brandished firearms with over 99% accuracy within seconds.

  • Reduces security costs by analyzing 10X more camera footage.

  • No new hardware required; integrates with existing systems.

  • Provides real-time alerts to improve response times and accuracy.


Intruder Detection


  • Key Features:

  • Cuts false positives by 95%+.

  • Enhances operator efficiency and allows redeployment of security where it counts.

  • Alerts security staff immediately when unauthorized entries occur.


Loitering Detection


  • Key Features:

  • Instantly detects suspicious behavior and provides immediate alerts.

  • Reduces bias by detecting objects and actions, omitting sensitive personal information.

  • Can be used to gather data on customer behavior in retail settings.


Crowd Detection


  • Key Features:

  • Real-time management of space utilization, occupancy, and crowds.

  • Collects data for compliance with fire codes and other regulations.

  • Provides insights beyond security, such as business opportunities and traffic patterns.


Beta Products



Hard Hat Detection Software


  • Key Features:

  • Ensures OSHA compliance by detecting when helmets aren't being worn in work zones.

  • Alerts supervisors immediately for rapid response.


Fire Detection Software


  • Key Features:

  • Uses visual data for faster fire detection, especially useful in outdoor settings.

  • Complements traditional fire alarm systems for comprehensive protection.


Vehicle Gate Automation Software


  • Key Features:

  • Uses AI to detect objects rather than motion for more reliable gate automation.

  • Integrates with existing gates to reduce false triggers.


Recent Developments



New Products Launched



  • Slip and Fall Technology: Unveiled at ISC West 2022.


New Features Added to Existing Products



  • AI Link Integration: Actuate is now available through AI Link, providing features like single and multi-frame processing and dynamic frame sampling.


New Partnerships



  • NAORCA Partnership: Actuate partnered with the National Anti-Organized Retail Crime Association to combat retail crime.


Press Mentions and Recognitions



  • AWS re:Invent 2022: Invited to speak about their use of AWS services.

  • ASTORS Awards 2021: Received a platinum award for Best Video Analytics Solution.

  • Press Release: Closed $8M Series A round led by Tribeca Venture Partners.


Other News



  • Webinar and Podcast Appearances: Featured on various platforms including Veteran On the Move Podcast, Fuse, and iHeartRadio.

  • Media Coverage: Coverage in Fox 5 New York and other notable media outlets discussing their AI threat detection technology.


Summary



Actuate is a leading provider of AI-driven video analytics that enhances security measures across different industries by transforming existing security cameras into smart cameras capable of detecting various threats in real time. The company is expanding its capabilities with new product launches and forming strategic partnerships to further its mission of providing affordable and responsive security solutions.