SEOUL,
South Korea, Aug. 19,
2024 /PRNewswire/ -- STRADVISION, a leader in
computer vision technology, is proud to announce the launch of
'Labelit,' a cutting-edge labeling tool, aimed at accelerating the
company's digital transformation.
'Labelit' is a state-of-the-art web-based data labeling tool
designed by STRADVISION to efficiently process the annotation
needed for advanced recognition technologies in driving and parking
applications. The tool handles intricate requirements like 2D and
3D recognition and multi-channel data processing. Previously
managed manually, these tasks are now streamlined through
cloud-based processing with 'Labelit.'
One of the standout features of 'Labelit' is its ability to
track and analyze user work records, allowing for precise
measurement of task completion times. This data-driven approach
enables continuous improvements in tool functionality.
Additionally, the system can automatically calculate partner costs
based on user activity, maximizing efficiency for all parties
involved.
'Labelit' also allows operators to provide additional
information across multiple channels simultaneously, eliminating
the need for separate data processing for each channel. This
enhancement significantly boosts efficiency, ensures consistency,
and improves overall data quality.
Moreover, 'Labelit' integrates LiDAR and image data to support
3D functions, which is crucial for advancing the next generation of
SVNet technology—the 3D Perception Network.
"The launch of our proprietary labeling tool, 'Labelit,' is a
significant milestone in STRADVISION's digital transformation
journey. As a cloud-based global service, 'Labelit' is now
available to our partners, and the response has been overwhelmingly
positive," said Jack Sim, CTO of
STRADVISION. "Moving forward, we are committed to advancing SVNet
to deliver stable and cutting-edge services to our customers."
Meanwhile, STRADVISION is preparing for an initial public
offering (IPO) on the KOSDAQ market later this year. The company
has been accelerating its digital transition since April and has
passed the KOSDAQ technology evaluation with 'A, A' grades,
particularly excelling in technology and marketability. For more
information on STRADVISION and our cutting-edge technologies,
please visit STRADVISION.
About STRADVISION
Founded in 2014, STRADVISION is an automotive industry pioneer
in artificial intelligence-based vision perception technology for
ADAS. The company is accelerating the advent of fully autonomous
vehicles by making ADAS features available at a fraction of the
market cost compared with competitors. STRADVISION's SVNet is being
deployed on various vehicle models in partnership with OEMs; can
power ADAS and autonomous vehicles worldwide; and is serviced by
over 300 employees in Seoul, San
Jose, Detroit, Tokyo, Shanghai, and Dusseldorf. STRADVISION has been honored with
Frost & Sullivan's 2022 Global Technology Innovation Leadership
Award, the Gold Award at the 2022 and 2021 AutoSens Awards for
Best-in-Class Software for Perception Systems, and the 2020
Autonomous Vehicle Technology ACES Award in Autonomy (software
category). In addition, STRADVISION and its software have achieved
TISAX's AL3 standard for information security management, as well
as being certified to the ISO 9001:2015 for Quality Management
Systems and ISO 26262 for Automotive Functional Safety.
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SOURCE StradVision