Hyper-Converged Infrastructure, Application Infrastructure

Together with KDDI and Oracle, Nexar Unveils AI Application that uses Crowd-Sourced Vision Data to Find Available Street Parking in Tokyo

Nexar
Nexar, the leading computer vision AI company, released a video demonstrating the first ever AI-powered parking space-finder app. Demonstrated with Oracle & KDDIs' mobile and edge infrastructure, the app reviews dash cam footage to detect on-street free curb space in Tokyo's busy streets using edge compute environments. Nexar, KDDI and Oracle are part of the Automotive Edge Computing Consortium (AECC), which works to create the computing and connectivity infrastructure for connected cars of the future.

Nexar's app can dynamically and safely scale the sharing of transient conditions in near real-time. This demonstration comes on the heels of a similar real-time on-street parking app pilot in New York City, where thousands of Nexar's popular dash cams were driven around the city, capturing 220 million miles of driving each month and spotting empty parking spaces in real-time. Locations and photos are shared instantly to Nexar's app, so that a circling driver can quickly grab the empty space.

Using the power of AI and the distributed edge architecture, Nexar solves the issue of latency, and compute and connectivity costs by consolidating and verifying multiple vehicles at the network edge. Nexar's goal is to solve the geolocation class of problems: HDMap fresh change collection, intelligent driving hazards, provide blockages and convenience alerts, and create traffic scheduling cruise assist, using edge compute environment and resources. This way, Nexar can spot and map empty parking spaces "seen" by these dash cams as they drive through the city, sharing them through push notifications to other drivers to the free parking spot.

Tokyo's AECC pilot is a breakthrough in proving the viability of such applications for the future of 5G networks, using in-car camera SDKs to compute the Uber H3 spatial index, which is used to distribute data across multiple edge clouds including Oracle Cloud Infrastructure (OCI). The pilot also uses AECC aggregation and consolidation on the network edge. This PoC proves the feasibility of cost-effective scale and elasticity of automotive edge services that will drive different use cases leveraging the powerful 5G and edge compute industry trends. In addition, Toyota, DENSO, NTT, Ericsson and Intel are charter AECC members.

The parking-finder app used the AECC's distributed edge architecture, deployed on KDDI and OCI, and using the standards that Nexar, Cisco and UPC have been developing in the Internet Engineering Task Force (IETF). Running on OCI, the app relies on fast, flexible, and affordable compute capacity through OCI Compute and Oracle Container Engine for Kubernetes to run live data points for the AI algorithm.

"We are honored to be a part of this state of the art PoC demonstration with Nexar and Oracle in order to envision very advanced business use cases and their technical solutions developed by AECC. "Such business use cases and edge/cloud computing technologies in the mobility domain are one of the most significant KDDI's strategies over 5G mobile networks. For that purpose, we are actively working for AECC as a member company as well as a chair of the PoC committee, and making every effort to contribute to a smart society in near future."

Dr. Tomohiro Otani, General Manager of KDDI Corporation

"Smart mobility services allow drivers to find available street parking efficiently and fast," said Toshimitsu Misawa, member of the board, CEO and president of Oracle Corporation Japan. "These services collect a very large amount of data which need to be processed near real-time. Oracle Cloud Infrastructure is designed to run nearly all applications more securely with enhanced data processing capabilities to increase speed and accuracy. We are glad to collaborate with Nexar and KDDI to continue to make advances in automotive edge services.

"In the near future, all vehicles will come equipped with dash cams, but the issue of how to upload the collected data without crashing the infrastructure will remain," said Bruno Fernandez Ruiz, CTO and co-founder of Nexar. "Partnering with AECC, KDDI and Oracle, we've discovered how to share this data scalably and economically in order to produce a collective value, enabling new applications such as parking detection. To deliver on the vision of real-time parking data, automakers will need to learn how to share data rather than assume that a siloed approach can succeed. With the AECC, KDDI and Oracle, we have accomplished just that."

About Nexar
Nexar turns cars into vision-sensors to understand the world. Its platform powers car vision connected services and apps, at scale, making new vision-based applications for better driving, powered by a crowd-sourced vision feed. Using anonymous, aggregated data captured from this network, Nexar has developed a portfolio of vision-based data services for public and private sector partners to make roadways safer and more efficient. Nexar's platform is already deployed across hundreds of thousands of cars, detecting parking spots, managing city safety and more.

Spotlight

Other News
Application Infrastructure

dxFeed Launches Market Data IaaS Project for Tradu, Assumes Infrastructure and Data Provision Responsibilities

PR Newswire | January 25, 2024

dxFeed, a global leader in data solutions and index management for the financial industry, announces the launch of an Infrastructure as a Service (IaaS) project for Tradu, an advanced multi-asset trading platform catering to active traders and investors. In this venture, dxFeed manages the crucial aspects of infrastructure and data provision for Tradu. As an award-winning IaaS provider (the Best Infrastructure Provider by the Sell-Side Technology Awards 2023), dxFeed is poised to address all technical challenges related to market data delivery to hundreds of thousands of end users, allowing Tradu to focus on its core business objectives. Users worldwide can seamlessly connect to Tradu's platform, receiving authorization tokens for access to high-quality market data from the EU, US, Hong Kong, and Australian Exchanges. This approach eliminates the complexities and bottlenecks associated with building, maintaining, and scaling the infrastructure required for such extensive global data access. dxFeed's scalable low latency infrastructure ensures the delivery of consolidated and top-notch market data from diverse sources to the clients located in Asia, Americas and Europe. With the ability to rapidly reconfigure and accommodate the growing performance demands, dxFeed is equipped to serve hundreds of thousands of concurrent clients, with the potential to scale the solution even further in order to meet the constantly growing demand, at the same time providing a seamless and reliable experience. One of the highlights of this collaboration is the introduction of brand-new data feed services exclusively for Tradu's Stocks platform. This proprietary solution enhances Tradu's offerings and demonstrates dxFeed's commitment to delivering tailored and innovative solutions. Tradu also benefits from dxFeed's Stocks Radar—a comprehensive technical and fundamental market analysis solution. This Software as a Service (SaaS) seamlessly integrates with infrastructure, offering added value to traders and investors by simplifying complex analytical tasks. Moreover, Tradu leverages the advantages of dxFeed's composite feed (the winner at The Technical Analyst Awards). This accolade reinforces dxFeed's commitment to delivering excellence in data provision, further solidifying Tradu's position as a global leader in online foreign exchange. "When we were thinking of our new sophisticated multi-asset trading platform for the active trader and investors we met with the necessity of expanding instrument and user numbers. We realized we needed a highly competent, professional team to deploy the infrastructure, taking into account the peculiarities of our processes and services," said Brendan Callan, CEO of Tradu. "On the one hand, it allows our clients to receive quality consolidating data from multiple sources. On the other hand, as a leading global provider of online foreign exchange, we can dispose of dxFeed's geo-scalable infrastructure and perform rapid reconfiguration to meet growing performance demands to provide data to hundreds of thousands of our clients around the globe." "The range of businesses finding the Market Data IaaS (Infrastructure as a Service) model appealing continues to expand. This approach is gaining traction among various enterprises, from agile startups seeking rapid development to established, prominent brands acknowledging the strategic benefits of delegating market data infrastructure to specialized firms," said Oleg Solodukhin, CEO of dxFeed. By taking on the responsibilities of infrastructure and data provision, dxFeed empowers Tradu to focus on innovation and client satisfaction, setting the stage for a transformative journey in the dynamic world of financial trading. About dxFeed dxFeed is a leading market data and services provider and calculation agent for the capital markets industry. According to the WatersTechnology 2022 IMD & IRD awards honors, it's the "Most Innovative Market Data Project." dxFeed focuses primarily on delivering financial information and services to buy- and sell-side institutions in global markets, both traditional and crypto. That includes brokerages, prop traders, exchanges, individuals (traders, quants, and portfolio managers), and academia (educational institutions and researchers). Follow us on Twitter, Facebook, and LinkedIn. Contact dxFeed: pr@dxfeed.com About Tradu Tradu is headquartered in London with offices around the world. The global Tradu team speaks more than two dozen languages and prides itself on its responsive and helpful client support. Stratos also operates FXCM, an FX and CFD platform founded in 1999. Stratos will continue to offer FXCM services alongside Tradu's multi-asset platform.

Read More