SAIPS Overview
SAIPS designs, develops, and implements algorithmic engines based on deep neural networks. SAIPS offersseveral algorithmic suites that provide solutions for computer-vision challenges in the areas of detection, tracking, image enhancement, registration, segmentation, pattern recognition, positioning, 3D, prediction, video intelligence, and more. SAIPS's customer list includes companies from the aerospace, medical, semiconductor, mobile, sports, gaming, and retail industries.
Latest News
growth-negative
"Fully automated cars still just a dream"
SAIPS AV director Asaf Kagan spoke at a conference on innovation in Tel Aviv about the challenges and limitations of autonomous driving. He stated that fully autonomous driving is still a distant dream and that most companies in the field are focusing on mapping roads and planning. Kagan also discussed the future of AI/AV and the need for vehicles to communicate with each other. The article also mentions Taranis, a company in the field of drones and autonomous aerial vehicles, and their monitoring system for agricultural fields. The conference was held in memory of Yoel Amir, one of the founders of the Dimona nuclear reactor.
Acquired-by
growth-positive
Ford to Boost Israeli Computer Vision Subsidiary with $12.5 Million Investment
Ford Motor Company is investing $12.5 million in its Israeli subsidiary SAIPS AC Ltd. to establish a new unit focused on designing a decision-making system for autonomous vehicles. The investment aims to help Ford meet its aggressive goals in smart vehicle operations. SAIPS, acquired by Ford in 2016, specializes in computer vision and machine learning algorithms. The new unit will be led by Shie Mannor, a professor at Technion Israel Institute of Technology.
Investment
growth-positive
Ford acquires SAIPS for self-driving machine learning and computer vision tech
Ford has acquired SAIPS, an Israeli company specializing in machine learning and computer vision, to enhance its autonomous vehicle technology. SAIPS expertise in image and video processing algorithms, as well as deep learning technology, will help with the interpretation of data captured by sensors on Fords self-driving cars. Ford has also partnered exclusively with Nirenberg Neuroscience to improve the machine learning components of its driverless car systems. The partnership aims to bring more humanlike intelligence to the technology. Additionally, Ford has invested in Civil Maps to enhance its 3D mapping capability, which is crucial for self-driving efforts.
AcquisitionPartners
| Sector | Business Software |
Funding
| Total funding | Undisclosed |
| Last funding | Undisclosed |
| Stage | Acquired |
| Rounds | 0 |
| Investors | 0 |
Team Members
5
Employees: 11-50
Web & Social Links
| Website | www.saips.co.il/ |
| Careers | Careers page |
Locations
Nirim St 2, Tel Aviv, Israel
Andrei Sakharov St 9, Haifa, Israel
Photos & Videos
No files yet
SAIPS Business
Business models
B2G, B2B
Product stage
Released
Employees
11-50
Sector
Business SoftwareIT, R&D & Data SolutionsProduct Development ToolsSoftware Development ToolsTarget Customer
Healthcare & Life SciencesMedical Devices IndustryEnterprise & Professional ServicesEnterprisesIndustrial ManufacturingDiscrete IndustriesAerospaceSemiconductors & ElectronicsMedia & EntertainmentGaming IndustryConsumersRecreational & LifestyleFitness & SportsCore Technology
Artificial IntelligenceComputer VisionMachine LearningTags (12)
artificial-intelligenceai-process-optimization3d-technologypredictive-analyticsanomaly-detectiontrackingdeep-learningcomputer-visionmachine-learninghealthcare-providersautomotiveautonomous-vehiclesGeographic Markets
GlobalSAIPS Financials
Undisclosed
Total funding
—
Capital raised
Undisclosed
Last funding
Acquired
Funding stage
0
Total rounds
0
Investors
Public Offering / Exit
MNAEvent
Aug 2016
Undisclosed
SAIPS Lifecycle
All Events
MNAEvent
Aug 2016
Undisclosed
SAIPS News
3 articles
growth-negative
"Fully automated cars still just a dream"
SAIPS AV director Asaf Kagan spoke at a conference on innovation in Tel Aviv about the challenges and limitations of autonomous driving. He stated that fully autonomous driving is still a distant dream and that most companies in the field are focusing on mapping roads and planning. Kagan also discussed the future of AI/AV and the need for vehicles to communicate with each other. The article also mentions Taranis, a company in the field of drones and autonomous aerial vehicles, and their monitoring system for agricultural fields. The conference was held in memory of Yoel Amir, one of the founders of the Dimona nuclear reactor.
Acquired-by
growth-positive
Ford to Boost Israeli Computer Vision Subsidiary with $12.5 Million Investment
Ford Motor Company is investing $12.5 million in its Israeli subsidiary SAIPS AC Ltd. to establish a new unit focused on designing a decision-making system for autonomous vehicles. The investment aims to help Ford meet its aggressive goals in smart vehicle operations. SAIPS, acquired by Ford in 2016, specializes in computer vision and machine learning algorithms. The new unit will be led by Shie Mannor, a professor at Technion Israel Institute of Technology.
Investment
growth-positive
Ford acquires SAIPS for self-driving machine learning and computer vision tech
Ford has acquired SAIPS, an Israeli company specializing in machine learning and computer vision, to enhance its autonomous vehicle technology. SAIPS expertise in image and video processing algorithms, as well as deep learning technology, will help with the interpretation of data captured by sensors on Fords self-driving cars. Ford has also partnered exclusively with Nirenberg Neuroscience to improve the machine learning components of its driverless car systems. The partnership aims to bring more humanlike intelligence to the technology. Additionally, Ford has invested in Civil Maps to enhance its 3D mapping capability, which is crucial for self-driving efforts.
AcquisitionPartners
SAIPS Team
Employee Info
| Employees (range) | 11-50 |
| Exact count | 16 |
| Team members | 5 |
Similar Companies
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This entity has 27 classification IDs that could be used for matching.
SAIPS Internal
Recent Updates
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Admin Info
| Confidence | 88/100 |
| Missing | video or image, funding rounds, markets, not claimed |
| BI Verification | Natalia Golczar |
| Registrar ID | 514823400 |
| Crunchbase | saips |
| Phone | +97236866668 |
| Creator | Jenny Sotnik-Talisman |
| Creator email | genys30@yahoo.com |
| Last updater | Orli Wollner |
| Updater email | orlushka@gmail.com |
| Last update | 2020-12-27T00:00:00.000Z |
| Created | 2016-08-17T00:00:00.000Z |
| Status detail | Acquired by Ford Motor on Aug, 2016 |