SIMPPLE Ltd. announced on April 9, 2025, the launch of its new end-to-end A.I. video analytics platform, 'SIMPPLE Vision,' offering Vision-as-a-Service (VaaS). This platform provides building owners and service contractors with real-time insights into facility operations and occupant behavior.
SIMPPLE Vision integrates pre-trained A.I. models from the Environmental Services and Security sectors with automated workforce management capabilities. It processes vast amounts of video data in real-time, sending instant alerts or work orders to the workforce, enhancing response times and operational transparency.
Following the launch, SIMPPLE secured a paid pilot contract with one of Singapore’s largest public healthcare institutions to deploy its advanced computer vision-to-workforce management capabilities. If successful, this program is set to expand across multiple hospitals nationwide, marking a major step into the healthcare sector.
The global video analytics market is projected to reach $44.7 billion by 2031, growing at a CAGR of 22.3% from 2024 to 2031, according to an August 2024 report by SkyQuest Technology. This new product positions Simpple to capitalize on this significant market growth driven by security enhancements and AI integration.
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