North Texas Innovation Alliance (NTXIA) and partner Curiosity Lab at Peachtree Corners have announced VisionCraft AI as the winner of the 2024 Smart Cities Global Startup Challenge. Including partners and Texas cities Frisco and McKinney, the select group of judges evaluated the four finalists live at Smart City Expo World Congress (SCEWC) in Barcelona in front of a global audience. “All four of our finalists across Ecosystem Informatics, L&T Technology Services, Sial-tronica 22 SL and VisionCraft AI did a fantastic job showcasing their solutions and pitching to our panel of judges,” said Jennifer Sanders, the Executive Director at NTXIA. “It was truly a difficult deliberation to decide a winner. Each finalist hit the nail on the head regarding this year’s problem statements of the future of transportation, sustainability and VRUs. We want to thank each of these incredible companies for making the trip to SCEWC in Barcelona for the final competition, and also for their time and efforts in applying and pitching. We send our warmest congratulations to the VisionCraft AI team and cannot wait to move forward in having you all visit the U.S. and begin your deployments!” Based in the Czech Republic, VisionCraft AI is a technology company providing a ‘Digital Data Eye,’ with solutions that provide real-time information from AI-based computer vision object detection algorithms. Their solutions can determine an object’s speed, direction, size, trajectory and more to increase safety and improve function across ITS, manufacturing and logistics, healthcare, enterprises and retail and more. This is the only IoT sensor on the market that processes video streams directly at the edge and is not dependent on 24/7 electricity or wired data in real time. “We are honored to award VisionCraft AI the title of the 2024 SCEWC Smart Cities Global Startup Challenge Winner. VisionCraft’s solution will be a strong addition to our smart city ecosystem,” said Brandon Branham, the executive director at Curiosity Lab. “There can be specific challenges entering the U.S. market if you do not have a pilot program in place with the resources to understand a new country launch. At the lab, we are equipped to remove those challenges for VisionCraft as they are ready to enter the U.S. market. With our partners NTXIA and their members in North Texas, we will be able to provide them with the resources they need to succeed. We are looking forward to seeing the VisionCraft AI team in the U.S. in the upcoming months!” As part of the award, VisionCraft AI received office space, funding for their first pilot, travel and accommodations across the U.S., introductions to high-level individuals across public and private organisations to support their entrance into the U.S. market and more. Explore IT Tech News for the latest advancements in Information Technology & insightful updates from industry experts! Source: https://www.iot-now.com/2024/12/23/148615-visioncraft-ai-wins-2024-smart-cities-global-startup-challenge/