September 17th, 2019 by Michael Rink
Cloudian Launches Edge AI Subsidiary
Today, Cloudian belatedly announced the creation of EDGEMATRIX, a majority-owned subsidiary led by Hiroshi Ohta, a Cloudian co-founder. EDGEMATRIX was founded on April 26th, 2019 according to Cloudian's Japanese language about page. The new company focus on providing solutions for artificial intelligence (AI) processing of big data at the edge. Cloudian was founded in 2011 and has previously focused on providing file and object storage software.
EDGEMATRIX will initially focus on the Japanese market, where it has already raised $9 million in Series A funding. Cloudian management is betting heavily on the company’s success with both Cloudian CEO and co-founder Michael Tso and Cloudian board director Jonathan Epstein investing in it. The new company plans to leverage Cloudian’s HyperStore platformto manage large data sets. EDGEMATRIXwill also be inheriting the work Hiroshi Ohta, Cloudian co-founder, and Cloudian teams have done over the past two years to provide AI solutions for such use cases as: targeted advertising using video analysis of the make, model and year of cars on a highway to display targeted ads on a nearby billboard; quality inspection by identifying and removing products that failed to get wrapped in an automated assembly line process; and automated traffic congestion management by counting cars on a road as a basis for changing turn lanes to improve traffic flow.
EDGEMATRIX is developing a small "Edge AI Box" appliance that can process and transmit high-definition video, pictured above.
The Japanese language web site appears to indicate the Edge AI box will be available starting April, 2020.