Infront Lab invests in AI-based video tracking and analytics startup Videocites

Infront Lab invests in AI-based video tracking and analytics startup Videocites

Infront Lab invests in AI-based video tracking and analytics startup Videocites

(PRESS RELEASE) ZUG, 28-Jan-2020 — /EuropaWire/ — Wanda Sports Group controlled Infront announced it has taken a stake in the AI-driven video tracking and analytics company Videocites. Infront plans to introduce Videocites’ technology and services to current and future rights partners including content protection, media monitoring and content management.

The investment in Videocites was led by the newly introduced division within Infront’s group, Infront Lab. The unit is tasked to explore opportunities for smart solutions to challenges clients and partners face in an agile and efficient manner.

Videocites has developed a unique fingerprinting technology that relies on visual properties within videos in order to immediately track all copies of live, on-demand and promotional content across all channels. Thus, content owners gain a deeper insight into consumer behaviour as compared to traditional analytics, helping them to better understand their audience and influencers.

Furthermore, the tool can be relied upon by sponsors to gain more insights on earned media value this way seeing the impact of their sponsorship. Essentially the tool is capable of identifying pirate streams of on-demand and sports events thus having them removed right away and as a result substantially reducing the number of illegal broadcasts and lost views.

Commenting on Videocites’ technology, Christian Müller, Infront Senior Vice President People, Innovation & Corporate Services said:

“Videocites’ technology can help gather intelligence for our partners whilst also protecting their content, solving two common issues currently facing the industry. This investment is a continuation of Infront Lab’s work with some of the world’s most exciting technology start-ups which has provided huge benefits to our clients.”

Videocites CEO Eyal Arad on the firm’s Video-AI search engine:

“Videocites’ unique advantage comes from our Video-AI search engine that scales to any number of videos to track all copies immediately. It is immune to all existing video manipulations and is used to offer high-end content protection, true viewership and fan engagement metrics across numerous channels. The partnership with Infront Lab will allow us to introduce our technology and services to some of the world’s top sports properties, assuring rapid market penetration and significant growth.“

The start up will be featuring at Infront’s SPOBIS Masterclass “Navigating the Digital Jungle” on 29 January in Dusseldorf while its CEO Eyal Arad will be among the speakers at the event as well.

Media contacts:

Infront Sports & Media AG

Grafenauweg 2
P.O. Box
6302 Zug
Tel. +41-41-723 15 15

Infront Lab Ltd.

WeWork (ToHa)
Yigal Alon Street 114
6744320 Tel Aviv-Yafo

SOURCE: Infront


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