Promoting the Internet of things, PHILPS lighting investment in PointGrab smart building sensors

According to the US technology blog VentureBeat, PointGrab, an intelligent building sensor manufacturer in Israel, has invested $7 million for its smart sensor construction. Investors include PHILPS lighting, the world's largest lighting equipment manufacturer, and Mitsubishi UFJ Capital Co. (MUCAP), Japan's largest financial group's investment structure. Swiss ABB technology venture capital and other VC agencies. It is understood that PointGrab also received $5 million in venture capital in November 2015. According to the relevant data, PointGrab intelligent sensor solution CogniPoint can detect people in the building. In addition, if there is no person in the building and no lights are needed, CogniPoint can turn off the lights automatically. The goal of PointGrab is to achieve effective management of buildings and to save money by increasing energy efficiency. CogniPoint resolution smart sensor will be launched in early 2017. PointGrab's intelligent sensor solution CogniPoint embedded deep learning neural network technology in the cost-effective, tiny and connected optical fiber sensing equipment. PointGrab's CogniPoint intelligent sensor solution can provide detailed analysis and information for occupants' access, location, counting and tracking. The sensor can output processed analysis for multiple building automation systems, such as lighting, heating and cooling, security, access control and facilities management, thereby saving costs and improving performance. Itamar Roth, chief business officer of PointGrab, said: "CogniPoint super intelligent edge analysis sensor technology plays a key role in capturing the core data of building operation optimization, energy saving improvement plan and business intelligence. We welcome our new partners and their strategy in our intelligent building. The great contribution made is affirmative. Jacques Letzelter, head of PHILPS lighting, said: "PointGrab has developed a truly industry-leading sensor technology. When our customers need to optimize technology in space, as a strategic investor of PointGrab, this will provide us with strong competitiveness. Integrating PointGrab technology into our connected lighting system can meet the larger market and further promote our realization of the Internet of things in the lighting industry. "