
Smart Data China
Smart Data is a machine vision technology firm.
Date | Investors | Amount | Round |
---|---|---|---|
$1.4m | Series A | ||
Total Funding | 000k |
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Smart Data China, also known as Sima Dada (Beijing) Intelligent System Co., Ltd., is a technology firm that specializes in the intelligent management of video big data. Founded in 2012 by Ma Zhaoyuan, the company began its main operations in 2015 after a period of technological development. Ma Zhaoyuan, a former researcher for the Chinese Academy of Sciences' "Hundred Talents Program" and a quantum physicist, brings a deep scientific background to the company's leadership. He graduated from the Department of Technical Physics at Peking University and also studied at Oxford University.
The core of Smart Data China's business is to address the challenges of storing and transmitting the massive amounts of data generated by video surveillance. The company has developed proprietary video compression technology, such as the BBW video format, which can reduce video file sizes to about one-tenth of their original size without losing quality, changing the frame rate, or affecting subsequent AI analysis. This significant reduction in file size lowers storage costs and decreases bandwidth requirements for data transmission by up to 90%. The business model revolves around providing these video processing services and integrated solutions to various industries. The company's clientele includes sectors such as public security, transportation, healthcare, and education.
Smart Data China offers a suite of hardware and software products that form a comprehensive solution for collecting, storing, analyzing, and structuring large volumes of video data. Key products include video intelligent processors, real-time compression servers, transcoding servers, and the VDMS (Video Data Management System) server. These products are integral to the company's main solutions, which are targeted at city-wide surveillance projects, technology-enhanced courtrooms, and cloud storage expansion. The company has secured multiple rounds of funding to support its growth, including a Series A1 round from Wanda Group in October 2019 and subsequent investments from TusStar VC.
Keywords: video data management, video compression, artificial intelligence, big data, data storage solutions, surveillance technology, smart city solutions, cloud storage, video analytics, data transmission, hardware and software integration, VDMS, BBW video format, Ma Zhaoyuan, public security technology, transportation technology, healthcare data, education technology, data compression algorithms