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Aug 12, 2019
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Aug 12, 2019

Chinese AIoT Firm Terminus Grabs USD 283 Million from Everbright

Chinese leading AIoT company Terminus announced it has closed CNY 2 billion (USD 283 million) Series C1 round of funding. The deal was led by its existing investor Everbright, followed by E-commerce giant JD.com, voice recognition technology player iFlytek, and real estate conglomerate Wanda Group. Both of JD Digits (formerly known as JD Digital) and JD Cloud participated in the investment. “In cooperation with JD, Terminus will leverage its technology to define the future of security, communities, politics, and retail.” Ph.D. Liao Jianwen (廖建文), JD’s CSO (Chief Strategy Officer) said. “We value Terminus’s edge computing and IoT abilities, and its penetration in different scenarios. We look forward to partnering with the company to improve intelligence level in various industries. ” iFlytek’s executive president Chen Tao (陈涛) said. Prior to the round, the company has already been backed by a batch of high-profile investors like CICC, IDG Capital, and Artificial Intelligence firm SenseTime. It keeps a high speed of sales growth since inception, recording average growth of more than 200%, the company claims. Last year, its transaction value has surpassed CNY 5 billion (USD 750 million). Terminus positions itself as all-industries AIoT solutions provider. The company targets directly at verticals and applications leveraged by underlying cloud computing technology and universal medium-end data service, a strategy differentiates the firm from IaaS (Infrastructure as a service) cloud service. With 523 patents in hand, the company has launched 8,400 programs in China so far. Powered by various 5G applications, Terminus built a smart community in Beijing this April, exploring the opportunities brought by the combination of 5G and IoT technologies. Through the interaction of AI and 5G, today’s IoT devices can capture vast amount of media data as a base of machine learning, perform analysis, different tasks, and decision-making processes. It is a market that expects to grow to USD 1,612 billion in 2025 from USD 164 billion in 2018.

News EO
May 29, 2019
report
News EO
May 29, 2019

China’s AIoT Platform Terminus Announces Cloud Strategy

China’s city-level AIoT ecosystem platform Terminus (特斯联) announced its Terminus Cloud Strategy on May 28. Based on its proprietary accumulated technology covering from IoT (Internet of Things), data analysis, microservice, model training, algorithms, Terminus aims to provide more specific AIoT service for more industries. The company then categorize its services into six segments: microservice cloud, IoT cloud, big data cloud, AI cloud, video cloud, and cloud security. The strategy differentiates itself from IaaS (Infrastructure as a service) cloud service as it targets directly at verticals and applications leveraged by underlying cloud computing technology and universal medium-end data service. All these applications, however, cannot be separately talked without mentioning surveillance camera and the country’s vast surveillance network. Industry researcher IHS Markit Ltd. estimates China has 176 million surveillance cameras in public and private hands, and it forecasts the nation will install about 450 million new ones by 2020. The U.S., by comparison, has about 50 million. Beijing issued Xueliang Project that aims at establishing a mass security and safety platforms around the country. The project started in the first trial of 50 cities in 2016 and expanded to another bunch of 52 in 2017. A market valued at CNY 50 billion (USD 7.5 billion) emerged, with the potential total 661 Chinese cities involved. Surveillance companies target at the largest part of the market and several giants such as Dahua and Hikvision made moves. Yitu Technology announced its cooperation with Guiyang, a southeastern city in China, on May 26. The company provides smart solutions for government use, police use, and commercial use. Its face recognition technology appears in Guiyang subway stations and allows citizens to pass the exit without the card. Authorities and the firm also working together in a vast experiment in social engineering. May 22, the U.S. is reportedly deliberating whether to add Megvii, Zhejiang Dahua Technology Co., Hangzhou Hikvision Digital Technology Co., Yitu Technology and SenseTime to a blacklist that bars them from U.S. components or software, Bloomberg reports. Hikvision and Dahua are the world’s largest purveyors of surveillance hardware, along with smaller rival Yitu Technology. SenseTime Group Ltd. and Face++ parent Megvii specialize in image processing software and are less reliant on American components. Terminus closed its series B funding last year, led by China Everbright Limited and IDG Capital and followed by SenseTime in amount of CNY 1.2 billion (USD 174 million). Its technology could help reduce the crime rate by over 90% and save energy used in buildings by 30%. Its transaction value has surpassed CNY 5 billion (USD 750 million ) in 2018, the company claims. Half of the company’s employees work for R&D, which is numbered at approximately 250. In addition, Terminus has been involved into 8,335 smart programs, covering 70 cities in 30 provinces, the company claims.

News EO
Apr 30, 2019
News EO
Apr 30, 2019

Terminus Launches Zhihui X9 Server, An Advanced Edge Computing Product

On April 28, Terminus (特斯联) launched a new product namely Zhihui X9 server developed by its R&D team. With AI computing, edge computing and storage functions, Zhihui X9 is mainly to be used in the scenario that users need to process the face detection and recognition results, and save data locally. As an edge computing type of server, Zhihui X9 can reduce data transmission load between front-end devices and cloud, as well as the processing load of cloud, by corresponding the most instructions in near source, including data access, cleaning, classification, storage and analysis. In terms of configuration, Zhihui X9 adopts VPU embedded AI chip to support the algorithm of object recognition, classification and analysis for people, cars and other objects. It has 16-channel 1080P HEVC transcoding capability, and up to 500 thousand GB storage space, which is available for expansion. Terminus developed edge computing products very early compared with peers, and it has a complete edge computing solution, including Zhihui X9, Zhihui X1 (AI computing module), Zhihui X3 (edge computing gateway), Zhihui S9 (storage gateway), etc,. Coordinating with these products, Zhihui X9 can have standout perform in data processing. Zhihui X9 has many functions: Facial detection and capturing. Zhihui X9 supports multiple signals for facial detection and face tracking, as well as capturing. The class of facial recognition application, including human-card identification, entrance control, white & black list management and VIP list management. Behavior analysis. Zhihui X9 can analyze flow of consumers by thermal map, structured process video, re-identify person and searching. Data access with high speed and concurrency. Compared with its peers, Terminus’s edge computing products have many advantages. Firstly, they put computing, connection and storage functions together in one solution, while other companies focus on developing edge computing products only. Secondly, They give users choice for flexible configuration. More importantly, they save more electricity than other similar products. Apart from computing products, Terminus also develops many front-end devices, including FUTURE-X5-C (access control system with facial cognition), FUTURE PARKING (smart parking lock), X2 AI Camera, RAINBOW SERIES (smart unit door with intelligent speak interaction function), and so on. It believes that AIoT (Artificial Intelligence + Internet of Things) is the trend consists of more IoT devises, eMBB (Enhanced Mobile Broadband), AI, cloud computing and edge computing. Terminus is upgrading its products to embrace the era of 5G, and it has launched a program to build the first smart community leveraged by various 5G applications in Zhiqiang North Community in Haidian District, Beijing (refer to the article: Terminus Launches the First Smart Community with 5G in China). Terminus provides its products, solutions leveraged by AIoT ability to many industries and scenarios, including community, office building, university, industry park, police, etc,. With good expandability, Terminus has more possibilities in many other industries.

News EO
Apr 28, 2019
News EO
Apr 28, 2019

Terminus Launches the First Smart Community with 5G in China

Terminus (特斯联), a leading IoT (Internet of Things) technology company in China, launched a program to build the first smart community leveraged by various 5G applications in Zhiqiang North Community in Haidian District, Beijing. This community contains many elements, such as hotel, kindergarten, playground, nursing home, and so on, which is complicated for holistic management. Terminus provides IoT solutions consist of IoT devices and management system, for communities, buildings, hospital, universities, etc,. IoT devices include wireless sensors, software, actuators, and computer devices. They are attached to a particular object that operates through the internet, enabling the transfer of data among objects or people automatically without human intervention. The brain of the solutions is the management system to receive all the data detected from every IoT devices and give instructions to the front-end devices. 5G network is the precondition for the construction of smart community. With increased bandwidth of 5G network, data can be downloaded, uploaded, transferred faster than the ear of 4G. In this program, China Mobile takes charge of 5G base station construction for the community. Terminus is upgrading its IoT devices to support 5G network standard. After that, data transmission and response speed will satisfy the needs of smart community better. According to Terminus, the speed can reach the microsecond level after upgrades. 5G cameras equipped in the community and along the public roads outside of the community, can collect and analyze data of cars, people and other things powered by object recognition tech. It can help old people living in the community to aviod occurrence of accident. When these 5G cameras detect can the old people falling to the ground, or staying at home for so long, they can raise the alarm and neighborhood managers will take actions to regarding situations in time. Terminus has offices in Beijing, Shanghai, Chongqing, Wuhan and Guangzhou, and a R&D center in Shenzhen. Its business has covered more than 84 cities in China, with around 8400 IoT programs and benefits more than 10 million people, according to XIE Chao (谢超), the vice president of Terminus. One of Terminus’ s core business is to transform old communities to be intelligent communities. For instance, huge market lies in around 200 thousand old communities in Shanghai, where there are strong needs for intelligent IoT solutions. The market is valued at CNY 10-20 billion (USD 1.4-2.9 billion).

News EO
Apr 10, 2019
News EO
Apr 10, 2019

AIoT Company Terminus Addresses China's Aging Population

In September 2017, a Chinese AIoT (Artificial Intelligence + IoT application) company transformed a quiet and idle neighbourhood of Beijing into an intelligent community backed by Artificial Intelligence powered surveillance systems all around the block. It took one week for the company, Terminus (特斯联), to gather and collect all the necessary data about residents within the community and implement a neighbourhood-level smart surveillance system to track every one of the residents’ movements, activities and potential health-related problems within the community. “The surveillance system does not rely on physical personnel to track and control the camera system. But instead, since the system recognises every one of the residents' faces, it gives a notice to the community officer if some of the residents had some problems, such as falling down or not going out of his/her house for more than 24 hours. These notices are delivered to the officer by stating the address, name and health conditions of the resident” Xie Chao (谢超) the VP of Terminus stated. Terminus’s business model is 2B and 2G (to Government); Chinese Government and several companies are using its population and individual tracking systems for numerous application scenarios. The company have tried 2C revenue generation models as well; such as selling smart lock systems and various face recognition supported security systems for households. However, there is a considerable competition within 2C market and Terminus could not manage to be one of the outstanding ones. However, Terminus found the success in 2G and 2B models mainly focusing on the municipalities, massive real estate and smart city projects. Xie Zhao stated that Terminus’s orders have already exceeded CNY 1 billion. Indeed; company, neighbourhood and municipality level solutions provided by Terminus are welcomed solutions in China. Based on data provided by Terminus website, the company is currently operating in 70 cities of China with 8,400 total projects. Terminus possesses strong and tight relationships with local governments in China. Indeed, its population control, individual-based tracking, face and vehicle recognition solutions are highly implementable in various public security scenarios. However, what Terminus have done to transform the neighbourhood where seniors live in Beijing’s Haidian, tells us about the future implementations and scalability of the Company's solutions. Terminus’s solutions saved a considerable number of personnel’ efforts who regularly control and inspect the general conditions of the seniors living in the neighbourhood. If the Chinese scale considered, the potential economic benefit that will be coming with smarter neighbourhoods is tremendous. China will face a severe ageing population problem within the 21st century, and there will be a necessity of transforming the entire infrastructure accordingly. Any solution that is addressing the problem in a mass scale, will likely to be adopted by the government and the municipalities in the long term. Market capacity and service scalability of Terminus is significantly appropriate for further implementations and sizeable operational capacity increase.

News EO
Dec 26, 2018
News EO
Dec 26, 2018

Beijing Police Deparment Signs Robots Agreement with Terminus

December 26, 2018 / EqualOcean / - Terminus, an AIoT (AI internet of thing) company, signed a cooperative strategic framework agreement with Beijing Police Population Management Team(BPPMT, 北京市公安局人口管理和基层工作总队) on December 25th, 2018. Both parties will co-work in developing police robotic series products and using AI, cloud computing and big data to elevate police service efficiency, promote a positive image to the public, and ultimately serve people better. Beijing is the capital, the culture center and political center of China with a conservatively estimated residential population of over 22 million. The multi-identities of Beijing make it a metropolitan city and attract millions of people from every province of China to work there. The giant population flow increases the workload of the Beijing Police Department(BJPD) in population control, and hence the BPPMT is designated to carrying the responsibility to regulate the population and secure Beijing citizens’ safety. Terminus, a unicorn company founded in 2015, is an expert in providing AIoT solution for city services. Early in November 2018, Terminus announced its series B1’s funding of CNY 1.2 billion and created a record in AIoT’s funding series. For instance, providing AIoT solution through entrance facilities like parking lots and entrance gates, Terminus uses its comprehensive solution to help clients to monitor the crowd flows and report suspicious activities. With the similar logic, the cooperation with BJPD will use Terminus’ strength in monitoring crowd activities and its comprehensive solutions to aid BJPD’s actions. Due to the rich experience and years of accumulations, BJPD could assist in the deep learning process to train the robot to perform accurate, satisfying and quick services to citizens and improve BJPD’s police force and service level. The complexity of Beijing’s population might be one of the most in the world. Along with the intensified globalization, Beijing is a city with diverse cultures. Adding its original complicated structure of the domestic population, Beijing’s security is the most important above all. Different places or scenarios require different AIoT solutions, and this is the greatest challenge that Terminus might meet in this cooperation. One of the good things is that Terminus has done thousands of AIoT solution services and the past experience can prepare it better in the challenge. However, the upgraded complexity of Beijing population is beyond any of Terminus’ past projects, whether in number, speed or ethnic groups, and it needs to take the international identity of Beijing into consideration as well. Whether for the increasing oversea tourists or foreign country leaders’ visits, even the incoming 2020 Winter Olympics’ athletes, Beijing demands a higher and more integrated security system to ensure the capital’s safety, and this heavy task might no longer be so stressful for BJPD officers because of Terminus’ AIoT solutions and robotic series products.

News EO
Dec 10, 2018
News EO
Dec 10, 2018

Terminus and Greenland Broad Greenstate - AIoT and Environment Industry

On December 7, 2018, Terminus(特斯联) and China Broad Greenstate International Co., Ltd(Greenland Broad Greenstate, 绿地博大绿泽) formed a strategic alliance in the smart city, upgrade in scenic spots, theme park and restoration of the ecosystem and expected to realize CNY 10 billion projects in the next three years. Terminus is an AIoT platform company providing integrated AIoT (Artificial Intelligence and Internet of Things) solutions to civil planning, finance, and other areas. In April 2018, Terminus closed its series B funding led by China Everbright(光大集团) and IDG Capital and followed by SenseTime(商汤科技) and Lighthouse Capital Partners in amount of CNY 1.2 billion (USD 174 million). SenseTime, as an AI unicorn, is a highlight in this investment. SenseTime is an AI unicorn that focuses on deep learning algorithms and computer vision. The connection between SenseTime and Terminus might be an approach for SenseTime to land its AI techs into real-life settings through Terminus’ PaaSs (Platform as a Service). Dated October 2018, Terminus has implemented over 8,400 projects national wide and income from projects in 2018 has already reached billion scale. Greenland Broad Greenstate, as a giant in the ecological construction industry, is the perfect playground for Terminus – 18 sites including wetland parks, arboretums, Shanghai EXPO Park and others. Providing integral AI solution to all these parks, buildings and facilities is an opportunity not only for Terminus but also the entire AIoT industry to see how far current tech can go.  The first plan of this cooperation will start from Chongqing and Guizhou in southwest China. In China, AIoT has been applied in smart cities’ construction since this decade. Smart cities’ constructions are in an initial stage or launching status and till 2020, we could expect some construction-completed smart cities in China. AIoT’s application in ecological settings is a new area for PaaS companies. Maybe similar to smart cities, Terminus’s past PaaS experience could be helpful in this cooperation, but beyond, Terminus has extra works on applying its AI solutions standing on a tourism angle. A combination of AIoT and environmental industry might reshape the tourism industry, which is Greenland Broad Greenstate’s expectation for this cooperation, and bring up current service to a different level.   --Author: FU YingWei; write to YingWei at YingWei@EqualOcean.com

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