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Amaravati: Students at SRM design video intelligence solution for companies
Students at SRM design video intelligence solution for companies
Three computer engineering students of SRM-AP established a start-up ‘OurEye.ai’, an automated, end-to-end video intelligence solution for enterprises to monitor surveillance camera recordings, leveraging pre-existing CCTV-IP infrastructure
Amaravati: Three computer engineering students of SRM-AP established a start-up 'OurEye.ai', an automated, end-to-end video intelligence solution for enterprises to monitor surveillance camera recordings, leveraging pre-existing CCTV-IP infrastructure.
Sourav Sanyal, Miran Junaidi, and Saurabh Ghanekar, 4th year students, say that they envisioned this start-up while they were pursuing their semester at UCB.
Miran recalls that when he lost his mobile phone in a park, they had to wait for 10 days for the CCTV supervisor to analyse the cameras. The three students identified that capital expenditure by businesses on setting up cameras is huge and return on investment is low. This drove them to ideate a platform that will send real-time notifications to the supervisors through embedded Artificial Intelligence and Machine Learning technology (AI-ML). OurEye.ai enables businesses to deploy a remote auditor/quality controller through existing cameras.
Miran said, "The biggest challenge was to raise funds as it entails the daunting task of sharing the idea and vision with the rest of the world." OurEye.ai received $35,000 from Sanjay Mehta- led 100X.VC and currently it comprises 23 team members including the three co-founders. Being used by 11 companies across 17 outlets, the start-up generated revenue of Rs 1.7 million in the recent financial year.
The students beaming with confidencesaid, "We are planning to add more features to the platform, hire a sales team to expand the client base to hospitals, schools, and commercial spaces. Soon after the pandemic, we would be opening an office in Bangalore that would house 35 engineers, and other employees."
The young entrepreneurs extend their gratitude to SRM AP for shaping their career. The idea of starting a company was instilled among the students by the student-run technological club of SRM AP, Next Tech Lab.
