VANCOUVER — Telus International today announced it acquired Bangalore, India-based Playment, “a leader in data annotation and computer vision tools and services specialized in 2D and 3D image, video and LiDAR (light detection and ranging),” says a Telus International press release.
Financial details of the acquisition were not disclosed.
The Playment acquisition follows Telus International’s recent purchase of Lionbridge AI, and builds on the company’s expertise and experience in data annotation, “uniquely positioning Telus International to support technology and large enterprise clients developing AI-powered solutions across a variety of vertical markets,” says the release.
“As one of the key enabling technologies for today’s advanced AI applications, computer vision is among the most revolutionary technologies of our generation with applications across every sector of the economy,” said Jeff Puritt, president and CEO of TELUS International, in the press release.
“The technology has become increasingly valuable to tech firms and the wider market as brands seek to uncover solutions for scenarios that typically require complex human judgement from visual and spatial patterns to solve nuanced business challenges, and build innovative, market-leading smart products and services.”
Founded in 2015, Playment provides fully managed data annotation services that include AI strategy consulting and a software-as-a-service (SaaS)-based platform “that transforms videos and images into high-quality annotated data to support a broad range of use cases, ranging from computer vision and data categorization to search relevance,” says the release.
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